Compare Share Dealing Accounts

Compare platform fees and the price per trade for cheaper investing

UK Share Dealing Platforms & Apps 2022


Trading Platforms:	Features:*	Go To Site:
	eToro offers 0% Commission Trading. Free access to TipRanks expert share analysis. CopyTrader is eToro’s most popular feature and allows you to view what traders are doing in real time and copy their trading automatically. 67% of retail investor accounts lose money. Capital at risk.	See Deal »
	DEGIRO 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 »
	SAXO Access over 30,000+ stocks across 60+ exchanges worldwide. Ultra competitive pricing. Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools. Investing involves risk of loss.	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 »
	Hargreaves Lansdown The UK’s #1 broker. Price improvement service helps you get the best price for your shares. Capital at risk.	See Deal »
	Interactive Investor are the UK’s #1 flat fee platform. Over 350,000 customers. Capital at risk.	See Deal »
	AJ Bell offers overseas trading in 24 international markets. Capital at risk.	See Deal »
	IG 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 »
	Freedom 24 offer lowest fees in Europe. Listed on NASDAQ. Great for IPOs. 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).

How do you pick a share dealing platform?

Investment platform services offered vary widely, and so do the costs.

4 things to think about:

1. Do you want to do a lot of share dealing?

Active investors will want to look for a platform that offers the lowest fees for volume trades.

If you are going to deal stock regularly most share dealing platforms will offer lower trading prices based on volume.

2. Types of trading account offered shares?

Some share dealing platforms offer as well as general trading accounts, ISA accounts and Self Invested Personal Pension Accounts which offer tax free trading benefits (no tax on dividends or capital gains tax on realised profit).

Accounts which offer ISA and SIPP accounts include Interactive Investor, AJ Bell, Hargreaves Lansdown and IG

3. Do you want to deal just in shares, funds, or shares & funds?

If you also interested in investing in funds then this again may determine who you go with.

If you are interested in ETFs, Investment Trusts, Open Ended Investment Companies (OEICs) or Unit Trusts then you will need to check with the platform provider what is available. E.g. Some platforms only offer a limited number of collectives such as OEICs.

Charging structured for funds held on the platform will vary. Over time the impact of such charges can be significant. Check the platform charging structure carefully.

4. How easy is this share trading platform to use: what kind of tools and customer service does it offer?

How easy is the platform to use to buy and sell shares?

Platform functionality is becoming the key battleground in persuading people which platform to go for.

Mobile app features are also key in offering alerts and buy/sell signals whilst on the move.

These are often the criteria that count most highly with users, so do some research and read the reviews.

Many investors are prepared to pay a bit more in fees for a platform that offers really useful apps and services.

Some platforms such as eToro offer customers the option of copying trades of successful traders. This can be an attractive option where you don’t have to decide when to buy or sell. For more info on what is copy trading and how does it work click here.

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%-75% 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.