Whether you’re looking to invest in shares or cryptocurrencies, there’s an app out there to suit your needs. These trading apps allow you to buy and sell investment instruments on the go. Unlike investing platforms, which manage your portfolio, trading apps focus on the buying and selling of individual assets. They differ in fees and features, but all provide access to live price quotes and charts.
When stock trading apps uk, look for one with a high speed of order execution. The best trading apps will also let you set a range of order types. These can include limit and stop orders, which can help you manage your risk and automate trades.
You should also make sure your chosen app is authorised by the Financial Conduct Authority (FCA). This ensures that you’re protected against fraudulent traders and practices. You can check this by visiting the FCA website. You should also only use a trading app on secure, private Wi-Fi or cellular data, and never share your passwords with anyone.
Managing Your Portfolio: Exploring Stock Trading Apps in the UK
Some of the leading UK trading apps are XTB, eToro, and Trading 212. They all have low costs, a huge selection of investments, and great customer service. They also offer ISA accounts and a variety of other wrappers. Some even waive Stamp Duty, which is charged when you buy UK shares, exchange-traded funds, or IPOs (initial public offerings).