Best Online Stock trading Apps to make money in the UK

Nowadays online trading has become seamlessly easy all thanks to dedicated mobile apps. Now you can easily trade on the go. If you are a beginner, this article is for you. In this article, we have jotted down some of the best Online Stock trading Apps that you can use without any hassle. 

What is Online Stock trading?

Online stock trading is the process of buying and selling company shares over the internet.

Best Stock Trading App in the UK for Beginners

eToro

Capital

Plus500

Libertex

Avatrade

eToro

eToro is undoubtedly the best stock trading app for beginners. eToro allows you to create a diversified stock portfolio without paying any markup, ticketing or management fees. eToro even absorbs Stamp Duty and Financial Transaction Tax where applicable which I personally appreciate the most. Platform allows you to buy, sell, and trade the best stocks on a 100% commission-free basis which makes it even more special. EToro is not just a place to trade online, you engage, connect, and share strategies with other traders. eToro credits every new account with $100,000 in a virtual portfolio, so you can try out all of the features that our platform offers with zero risks.

Pros and Cons

Pros

• Regulated by ASIC and JFSA
• Tight spreads
• Full trading app functionality
• Copy-trading and discussion boards

Cons

• Limited charting tools
• No analyst recommendations

Trading App by Capital.com

Trading App by Capital.com is another best online trading platform for newbies. It comes with an easy-to-use platform, designed to make trading smarter, simpler, and more intuitive. As a beginner, you can start with a free fully-fledged demo trading account to test your trading strategies risk-free. You can benefit from tight spreads and leverage of up to 1:100. This App elevates your trading strategy with over 75 technical indicators which is quite astounding. With this app you can manage your risks with stop-loss and take-profit orders. Trading App by Capital.com charges 0% commission on all asset classes which is one of the other main positives.

Pros and Cons

Pros

• Clean and crisp mobile application
• Industry-leading spreads
• 24/7 trading

Cons

• Limited product portfolio

Plus500

Plus500 is one of the UK's best CFD Broker that offers an elegant and intuitive user interface suitable for CFD stock trading anytime, anywhere. CFDs track the market price of the asset in real-time, subsequently allowing you to trade it with ease. Plus500 CFD app allows you to choose from a buy or sell order on all markets which makes it very favorable. With this app, you can protect your share trading positions by setting stops and limits, including a Guaranteed Stop. App provides Multi-language 24/7 professional support which can be very useful in cases of any issues regarding trade. If we talk about the fee structure, Plus500 charges 0% commission on all forex trading positions.

Pros and Cons

Pros

• Leverage facilities available
• No transaction fees
• Heaps of forex pairs supported

Cons

• Does not offer traditional investment assets
• Basic charting and analysis tools
• No direct ownership

Libertex

Libertex is one of the renowned online trading apps designed to boost your trading experience. The App offers more than 250 trading instruments and top notch trading tools which makes online trading seamlessly each and smooth. It just takes few minutes to set-up your account and get started on the best and multi-award-winning mobile trading app in the market. One of the best things about Libertex is that it offers one of the widest range of payment methods we’ve ever seen on a stock trading app. The commission charged typically sites between 0% and 0.5%, so this is a very competitively priced broker

Pros and Cons

Pros

• The broker offers zero spreads
• Libertex provides a user-friendly in-house trading platform
• Regulated by CySEC and FSC

Cons

• Offers only one account type

Avatrade

Avatrade App is one of the best options when it comes to low spreads and high leverage online trading platforms. You can trade in forex, cryptos, CFDs, or Bitcoin simple, all on your phone. Like all other trading platforms, it does also covers a wide range of instruments to trade with while on the move. With this app you will get price alerts and real-time market quotes on popular CFDs, take the benefits of Up to 30:1 leverage on various instruments, can also monitor trends from the AvaTrade vibrant trader's community. App offers multilingual live support and a dedicated account manager. You can buy, sell, and trade the best stocks on a 100% commission-free basis which is quite amazing.

Pros and Cons

Pros

• Easy and fast account opening
• Free deposit and withdrawal options
• Tight spreads
• Huge selection of tradeable assets

Cons

• High inactivity fees
• Only CFDs, forex, and cryptos offered

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