If you are someone who likes to trade stocks, bonds, and mutual funds on a regular basis, then you know the platform on which you do this is going to play an important role. Therefore, it is important for everyone to think about the top stock trading apps available. In the past, people would have to call a physical broker to place a trade. Then, with the evolution of the internet and smart devices, engineers developed applications that allow people to place orders to trade stocks and bonds instantly with the push of a button from any phone. Now, with so many apps available, it might be hard for people to figure out what application is going to work best for them. When it comes to the best free stock trading apps UK, there are a few that rise above the rest.
The Etoro Stock Trading App
One of the top apps available on the market today is called Etoro. The Etoro platform was first launched back in 2007. The platform is known for providing a range of asset classes, allowing users to purchase assets in the traditional sense in addition to crypto options and ETFs.
The biggest benefit of the Etoro app is that it has one of the top pricing structures in the industry. Furthermore, the Etoro app also allows people to buy shares of various investment vehicles without having to pay any commission at all. Because it only takes a few minutes to open up an account, this is one of the most popular applications that people can use today to buy and sell stocks.
Finally, it is also important to mention that Etoro allows people to interact with others who are trading on the Etoro app in a situation that bears a remarkable resemblance to social media platforms. This type of social interaction is perfect for anyone who’s looking to find out more information about certain stocks, bonds, and mutual funds they might be thinking about trading. At the same time, some people might not like the ability to communicate with people they might not know and view this as a drawback. While Etoro might not provide some of the advanced customizable features that people expect from other stock trading platforms, Etoro is still one of the most popular stock trading apps today.
The Plus500 Stock Trading App
Another popular stock trading app that people can use today is called Plus500. One of the most popular stockbrokers in the UK, this platform is able to offer CFDs (contract for difference) as well as more than 2,000 additional financial instruments in total. Furthermore, Plus500 allows people to buy shares from all over the world.
One of the major benefits of Plus500 is that it does not charge commissions anywhere. All trades take place 100 percent commission-free. Even though there are fees that are located on other parts of the platform, Plus500 is still ideal for those who are looking for a low barrier of entry to the stock market. Furthermore, it is important to note that Plus500 is incredibly trustworthy because it is regulated by the Financial Conduct Authority in the UK. Plus500 also trades publicly on the London Stock Exchange (LSE).
The IG Share Dealing App
Finally, for those who are looking for advanced tools that they can use to trade stocks, bonds, and mutual funds, it is important to highlight the IG Share Dealing app. IG Share Dealing is an advanced app that provides people access to numerous features such as spread betting, CFDs, and other financial tools. With close to 50 years as a respected brokerage firm, IG Share Dealing now has a mobile app that people can use to trade from just about anywhere. At the same time, some people might not need the advanced features of the IG Share Dealing app and could find them confusing. With this in mind, the IG Share Dealing app is a powerful tool that is mostly built for advanced traders and industry professionals with advanced knowledge of the market.
Find the Best App Available to Trade Stocks
These are just a few of the many apps that are available that can help people trade stocks, bonds, and mutual funds online. With so many applications from which to choose, it is important for everyone to think carefully about which options are going to work best for them. By taking a look at the benefits and drawbacks of each app, it is possible to be able to narrow down their choices to the ones that are going to work best for their needs.