How To Buy FTSE 100 Shares – Top Trading Apps 2021

Looking for a share trading app to trade FTSE 100 shares that ticks all your boxes?

Selected Platform:

Buy & Sell FTSE 100

Capital is at risk.Hargreaves Lansdown Share Dealing for Oxford Nanopore

  • Buy & sell FTSE 100 shares from £5.95
  • No charge if you trade only shares
  • No 1 investment platform in UK for private investors

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UK Share Trading Apps 2021

Trading Platforms:Features:*Go To Site:
dEGIRO sHARE dEALINGDEGIRO are one of largest and cheapest brokers in Europe. Access to over 50 markets in 30 countries. Low commissions/fees. User-friendly, simple platform.

Investing involves risk of loss.

See Deal »
HL Share DealingHargreaves Lansdown The UK's #1 broker. Price improvement service helps you get the best price for your shares.

Capital at risk.

See Deal »
eToro Share DealingeToro offers 0% Commission Trading. Free access to TipRanks expert share analysis.

67% of retail investor accounts lose money. Capital at risk.

See Deal »
IGIG Trade & invest with the world's leading online trading provider.** Trade over 17,000 markets with spread bets and CFDs and invest in thousands of global shares & ETFs.

70% of retail investor accounts lose money. Capital at risk.

See Deal »
Fineco Bank has 1.3 million clients. No inactivity charges. SPECIAL OFFER: £500 in trading commissions - open an a/c by 31st Dec. & get £500 trading commission to use within 3 months. T&Cs apply.

Capital at risk.

See Deal »
Freedom 24 offer lowest fees in Europe. Listed on NASDAQ. Great for IPOs.

Capital at risk.

See Deal »
AJ Bell SharedealingAJ Bell offers overseas trading in 24 international markets.

Capital at risk.

See Deal »
ii Share DealingInteractive Investor are the UK's #1 flat fee platform. Over 350,000 customers.

Capital at risk.

See Deal »

*Please note that additional fees may be applied by platform/App providers for their services.
** No 1 For CFDs and spread betting, based on revenue excluding FX (published financial statements, June 2020).

You can buy the FTSE 100 by:

  • Buying individual shares – you could buy shares of companies that make up the FTSE 100 or
  • You could buy an Exchange Traded Fund (ETF) – that tracks the FTSE 100
Either way we show you how you can do both:

How to buy FTSE 100 shares

You can buy an individual share of a company listed in the FTSE 100 such as HSBC or AstraZeneca.

Our view:  The next generation of online trading platform means you can get setup & buy UK shares in as little as 5 minutes!

  1. Select a share platform – See below our 3 top platform picks
  2. Open your share account – To do this you will need your bank details and national insurance number
  3. Fund your account – You will need to fund your a/c with a debit or credit card or bank transfer
  4. Search for the FTSE 100 share or ETF using the stock code – Type in the stock code into the search box
  5. Check out the latest info and price for the selected share – Some platforms offer free research and analysis
  6. Buy the share or ETF – Nice and easy!

eToro – Offers 0% commission free trading

“eToro is the world’s largest community of traders and investors, numbering more than 10 million from more than 140 countries.”

One of the attractions of eToro as a platform is the ability to participate in copy and social trading.

CopyTrader is eToro’s most popular feature and allows you to view what traders are doing in real time and copy their trading automatically. If you are a beginner learning the basics or simply don’t have time to watch the markets, this feature allows you to leverage other traders expertise.

Buy US, UK & International StockseToro Share Dealing

Capital is at risk. 

  • 0% commission on stocks (other fees apply)
  • Copy successful traders
  • Features for novices & experts
  • Free access to TipRanks expert share analysis
  • Editors choice “Great for new traders”

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Why use a platform to buy FTSE 100 shares?

You don’t have to buy and sell FTSE 100 shares or ETFs using a share platform to manage your investments.

You could go down the old school route using a stockbroker directly to buy and sell investments.

This can involve lots of paperwork and waiting for the postman to send you paper statements which for some people may be perfectly adequate.

Your preference may be to deal with a real person to make things happen – whilst this can work it can be slow and cumbersome and potentially more expensive.

The good news is that with advances in technology,  investors now have significant choice when buying UK and international shares.

Benefits of using a trading platform include:

  • Lower trading costs
  • Easy access to the UK and international stockmarkets
  • 24/7 access to your investments
  • You can hold all your tax efficient investments such as ISAs and SIPPs in one place:  including lifetime ISAs, right to buy ISAs and  junior ISAs
  • Plus any other fund holdings or shares that you’re trading outside of a tax-free environment, from a general trading account


What is a FTSE 100 exchange traded fund (ETF)?

Exchange traded funds (ETFs) are investments that look to mirror the performance of a particular market index such as the FTSE 100.

They are passive investments and aim to replicate the movement of an index and deliver returns closely matched to the index being tracked.

With an ETF that tracks the FTSE 100  returns will reflect the performance of the top 100 UK firms by capitalisation that make up the index.

Current constituents of the FTSE 100 include companies such as Astrazeneca, Rolls Royce, Diageo and Unilever.

3 FTSE 100 ETF Fund Picks

Each of the funds listed above employ a “passive” investment strategy designed to replicate the performance of the FTSE 100 index.

1. iShares Core FTSE 100 UCITS ETF

The second most popular FTSE 100 ETF fund bought by investors according to Interactive Investor in January 2021 was the iShares Core FTSE 100 ETF.

Launched in 2000 this index tracker fund which replicates the FTSE 100 has a super low ongoing charge of 0.07%.

Managed by BlackRock this is a large fund with over £7.8 billion (ISF) invested.

iShares run two versions of the fund:

2. Vanguard FTSE 100 UCITS ETF

According to Interactive Investor the Vanguard FTSE 100 ETF was the 3rd most popular ETF fund purchased through its platform in January 2021.

Launched in 2012 this index tracker fund replicates the FTSE 100 Index and has a super low ongoing charge of 0.09%.

Managed by Vanguard the fund has £3.4 billion (VUKG) invested at the time of writing.

Vanguard run two versions of the fund:

3. HSBC ETFS PLC FTSE 100 UCITS ETF

Launched in 2009 this index tracker fund replicates the FTSE 100 Index and has a super low ongoing charge of 0.07%.

Managed by HSBC Global Asset Management the fund has £382 million invested at the time of writing.

HSBC run one version of the fund:

      • Distribution Fund (stock code: HUKX) where dividends are paid out. Dividend income is paid bi-annually (Income yield as at 31/1/2021 was 3.24%). If the fund is held in an ISA this income is not subject to income tax*.

Other Trading Platforms To Consider:

You can also review what other platforms have to offer below to traders.

Buy & Sell FTSE 100 Shares

Capital is at risk.Hargreaves Lansdown Share Dealing

  • Buy & sell FTSE 100 shares from £5.95 to £11.95
  • No charge if you trade only shares
  • No 1 investment platform in UK for private investors

Go To Site »

 


IMPORTANT:

No news, feature article or comment should be seen as a personal recommendation to invest. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular plan. If you are at all unsure of the suitability of a particular product, both in respect of its objectives and its risk profile, you should seek independent financial advice.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 67%-70% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

Tax treatment of ISAs depends on your individual circumstances and is based on current law which may be subject to change in the future. ISA transfer charges may apply, please check with your provider.

Written by Editorial Team ,
3rd October 2021