Best Stock Brokers in the UK in 2025
Looking to start investing in the stock market but unsure which UK broker is right for you? You're not alone. With dozens of investment platforms vying for your attention, choosing the right broker can feel overwhelming.
We've carefully analyzed the UK's leading stock brokers to bring you this definitive guide. Whether you're a complete beginner or an experienced investor, this comprehensive review will help you find the perfect platform for your needs.
Interactive Brokers (IBKR): Best for Long-Term Investors
Overview
Interactive Brokers (IBKR) stands as one of the most established and comprehensive brokers globally, offering unparalleled access to over 150 markets across more than 33 countries. Founded in 1978, IBKR has built a reputation for sophisticated trading tools, extensive market coverage, and competitive pricing that appeals particularly to active and professional traders.
Platform Features
Interactive Brokers offers an impressive array of tools through its flagship platform, Trader Workstation (TWS). The platform provides advanced charting capabilities, over 100 order types, comprehensive technical analysis tools, and real-time market data. For those preferring simplicity, IBKR also offers a web-based Client Portal and mobile app.
The platform particularly excels in providing detailed market research, with resources including market scanners, volatility tools, and fundamental analysis capabilities. This depth makes IBKR especially suitable for sophisticated traders who need comprehensive data for making informed decisions.
Best For
Interactive Brokers is ideal for active traders, professionals, and experienced investors who value extensive market access, advanced trading tools, and competitive pricing. It's particularly well-suited for those trading internationally or requiring sophisticated order types and analysis tools.
Read Review | Visit Interactive Brokers
Trading 212: Best for Commission-Free Trading
Overview
Trading 212 has revolutionized the UK investment landscape by pioneering commission-free stock and ETF trading. Founded in 2004, the platform has grown exponentially to become one of the UK's most popular brokers, particularly among younger and cost-conscious investors looking for a straightforward way to access markets without excessive fees.
Platform Features
Trading 212 offers a clean, modern platform across web, desktop, and mobile applications. The interface is designed with simplicity in mind, making it particularly accessible for beginners. The platform includes basic charting tools, price alerts, and educational resources to help new investors get started.
A standout feature is the "Pie" function, which allows users to create custom portfolio allocations or choose from community-created templates. Combined with the auto-invest feature, this makes regular, diversified investing simple and accessible even for those with limited market knowledge.
Best For
Trading 212 is perfect for beginners and cost-conscious investors who prioritize low fees and a simple user experience. It's also excellent for those starting with smaller amounts, thanks to fractional shares and the absence of minimum deposit requirements.
Read Review | Visit Trading 212
Special Bonus: Use our exclusive promo code "MMB" when signing up to receive a free share worth up to £100! Learn more about this promotion
InvestEngine: Best for ETF Investing
Overview
InvestEngine is a relatively new but rapidly growing UK investment platform that specializes exclusively in ETF investing. Launched in 2019, InvestEngine has quickly gained popularity for its transparent pricing, commission-free ETF trading, and managed portfolio options that make diversified investing accessible to everyone.
Platform Features
InvestEngine offers two distinct service models: a DIY platform for self-directed investors and managed portfolios for those preferring a hands-off approach. The platform interface is clean and straightforward, focusing on essential information without overwhelming users with unnecessary data.
For DIY investors, the platform provides helpful tools to search, filter, and compare ETFs based on various criteria including sector, region, and cost. For managed portfolio users, InvestEngine offers a range of portfolio options based on risk tolerance, with regular rebalancing and optimization handled by their investment team.
Best For
InvestEngine is ideal for ETF-focused investors seeking a low-cost, transparent platform without unnecessary frills. It's particularly well-suited for both beginners wanting a managed solution and experienced investors who know exactly which ETFs they want to include in their portfolios.
Read Review | Visit InvestEngine
Special Bonus: Use our exclusive promo code "MMB" when signing up to receive a £100 bonus when you invest! Learn more about this promotion
Lightyear: Most User-Friendly Interface
Overview
Lightyear is one of the newer entrants to the UK brokerage scene, founded in 2020 by former Wise (previously TransferWise) executives. The platform has quickly gained attention for its transparent fee structure, multi-currency accounts, and excellent access to European markets – an area where many UK brokers fall short.
Platform Features
Lightyear offers a clean, intuitive platform that focuses on simplicity and transparency. The mobile app is particularly well-designed, with easy navigation and clear information presentation. The platform provides basic charting tools, company information, analyst ratings, and news feeds to support investment decisions.
A standout feature is Lightyear's multi-currency account capability, allowing users to hold GBP, USD, and EUR simultaneously without forced conversions. This can save significant costs for investors trading across different markets regularly.
Best For
Lightyear is excellent for investors interested in European markets, those who want to avoid currency conversion costs, and users seeking a straightforward, transparent fee structure. It's particularly suitable for intermediate investors looking beyond just UK and US markets.
Special Bonus: Use our exclusive promo code "MMBUK" when signing up to receive $15 in free US stocks! Learn more about this promotion
XTB: Best for CFD and Forex Trading
Overview
XTB is a well-established global broker founded in 2002 that offers a comprehensive trading experience across multiple asset classes. Particularly strong in CFDs and forex, XTB has expanded its offering to include commission-free stock and ETF trading, making it an increasingly popular choice for UK investors seeking a versatile platform.
Platform Features
XTB's proprietary xStation 5 platform stands out for its balance of functionality and usability. It offers advanced charting with multiple timeframes, numerous technical indicators, and drawing tools. The platform also includes heat maps, sentiment data, and economic calendars to support trading decisions.
Mobile trading is well-supported through the xStation mobile app, which replicates most of the desktop functionality while maintaining ease of use. XTB also offers extensive educational resources, including webinars, video tutorials, and articles suitable for traders of all experience levels.
Best For
XTB is ideal for traders interested in both traditional investing and more active trading strategies involving CFDs and forex. It's particularly well-suited for intermediate traders who appreciate a powerful platform but don't necessarily need the most advanced institutional-level tools.
eToro: Best for Social and Copy Trading
Overview
eToro has revolutionized online investing with its innovative social and copy trading features. Founded in 2007, the platform has grown to serve over 30 million users globally, offering a unique blend of traditional investing, cryptocurrency trading, and social network functionality that appeals particularly to newer investors.
Platform Features
eToro's platform is built around its social and copy trading functionality. The interface resembles a social media platform, with a feed showing the activities and insights of other investors. Users can comment, share, and interact with each other, creating a community-driven investment experience.
The standout feature is CopyTrader, which allows users to automatically allocate a portion of their portfolio to mirror the trades of successful investors on the platform. This provides a unique way for beginners to access market expertise without needing advanced knowledge themselves.
Best For
eToro is perfect for beginners and social media-savvy investors who value community insights and the ability to learn from others. It's also excellent for those interested in cryptocurrency alongside traditional investments, all within a single platform.
How to Choose the Right Stock Broker for You
When selecting a broker from the options above, consider these key factors:
- Investment goals: Are you investing for long-term growth, regular income, or active trading?
- Experience level: Beginners might prioritize user-friendly interfaces and educational resources, while experienced investors may need advanced tools and order types.
- Cost structure: Consider not just trading commissions but also account fees, currency conversion costs, and inactivity charges.
- Investment types: Ensure the broker offers the specific assets you're interested in, whether stocks, ETFs, funds, or alternatives.
- Account types: Check if the broker provides tax-efficient accounts like ISAs or SIPPs if tax advantages are important to you.
- Platform preferences: Consider whether you'll primarily use web, desktop, or mobile platforms and evaluate each accordingly.
- Research and tools: Assess the quality and depth of research, analysis tools, and educational resources if these are important to your investment process.
Regulatory Protection and Safety
All six brokers featured in this review are regulated by the UK's Financial Conduct Authority (FCA), providing a strong baseline of investor protection. This regulation ensures:
- Segregated client funds: Your money is held separately from the broker's operating funds
- FSCS protection: Most offer coverage up to £85,000 if the broker fails
- Transparency requirements: Clear disclosure of fees, risks, and terms
- Conduct standards: Requirements for fair treatment of customers
However, it's important to note that regulatory protection doesn't cover investment losses from normal market movements – only from broker failure or misconduct.
Conclusion
The UK brokerage landscape offers something for every type of investor in 2025. Whether you're looking for comprehensive global access with Interactive Brokers, commission-free simplicity with Trading 212, ETF specialization with InvestEngine, European market access with Lightyear, versatile trading with XTB, or social investing with eToro, there's a platform tailored to your needs.
For beginners, Trading 212 and eToro provide the most accessible entry points. For active traders, Interactive Brokers and XTB offer the most comprehensive tools. For cost-conscious ETF investors, InvestEngine delivers unbeatable value. And for those interested in European markets, Lightyear stands apart with its excellent continental coverage.
Remember that the "best" broker ultimately depends on your specific investment goals, experience level, and preferences. Many investors even use multiple platforms to leverage the strengths of each. Whichever broker you choose, the most important step is to start your investment journey and remain consistent with your strategy.
Frequently Asked Questions
Are UK stock brokers safe?
Yes, UK stock brokers featured in this review are regulated by the Financial Conduct Authority (FCA) and offer FSCS protection for client funds up to £85,000 in case of broker insolvency. Your investments remain your property even if the broker fails.
What's the minimum amount needed to start investing?
This varies by broker. Trading 212 and eToro allow you to start with as little as £1 through fractional shares. InvestEngine requires a £100 minimum investment. XTB has no minimum deposit but a £10 minimum order size. Lightyear requires at least €10 for investments. Interactive Brokers has no minimum deposit requirement.
Do I have to pay tax on my investment gains?
Unless you're investing through a tax-efficient account like an ISA (where gains are tax-free), you may be liable for Capital Gains Tax on profits above your annual allowance and Income Tax on dividends above your dividend allowance. Consider consulting a tax advisor for personalized guidance.
What's the difference between a standard account and an ISA?
A standard investment account (sometimes called a General Investment Account or GIA) has no tax advantages, while a Stocks and Shares ISA allows you to invest up to £20,000 annually with all gains being completely tax-free.
What happens to my investments if the broker goes out of business?
In the UK, investment firms must keep client assets segregated from company assets. If a broker fails, your investments remain your property and are either returned directly or transferred to another broker. Additionally, the FSCS provides protection up to £85,000 per person per firm for any shortfalls.
Are there any hidden fees I should watch out for?
Common additional fees include currency conversion charges (typically 0.15-0.5%), inactivity fees (often after 12 months without trading), withdrawal fees, and data subscription costs for advanced features. Also spreads are to be considered, which is the difference between the bid and ask price. Always review the full fee schedule before opening an account.
Disclaimer. Investing in securities involves risks, including the potential loss of principal. Past performance is not indicative of future results. This article is for informational purposes only and does not constitute investment advice. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The information in this article is accurate as of May 2025 but may be subject to change. Fee structures, features, and offerings may vary over time. Please verify current details directly with each broker before making any decisions.
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