Introduction:
As you know finding the best UK trading platform can be a challenge. This is because there are so many platforms available to choose from. It can also be hard to know what features you need from a trading platform, which can make it even more difficult to decide on your final option. Fortunately, we will be sharing our selection for the top picks for the best UK trading platform in this article so that you don’t have to do all of the work on your own.
A lot of people want to know whether Shares4You or EasyTrading is the best trading platform for UK traders. However, before we look at this directly, it's important to understand what each platform has to offer.
1. IQ Option.
IQ Option is a Cyprus-based broker regulated by the CySEC (Cyprus Securities and Exchange Commission).
The broker has enjoyed exponential growth since it was founded in 2013 until this day. This has been possible due to the fact that IQ Option has been able to combine a great trading platform with excellent customer service. In addition, the broker has maintained an innovative approach by introducing new features every now and then such as their free demo account that they offer to all traders who want to use their trading platform without making a real money deposit.
IIQ Option is one of the most trusted and secure brokers and a haven for all traders. This is mainly because of the fact that it has a system that enables you to trade conveniently on any preferred device like tablets, smartphones, laptops, or even desktops.
2. eToro.
It operates an online trading website through which customers can buy or sell stocks, commodities, indices, and exchange-traded funds (ETFs).
EToro was founded as RetailFX in 2006 in Tel Aviv, by brothers Yoni Assia and Ronen Assia with David Ring. In 2010, eToro released its first Android apps so investors could make trades from their Android tablets. In 2013, eToro added Bitcoin CFDs to its investment instruments. In 2014, eToro added stock trading functionality to its social investment platform. In 2017, eToro rolled out OpenBook which had been available on the web interface since 2010. On 2018-04-16, eToro announced a partnership with seven Premier League clubs to advertise on the shirts of Cardiff City, Crystal Palace, Leicester City, Newcastle United, Southampton F.C., Tottenham Hotspur, and Brighton & Hove Albion. As of September 2018, it had 10 million registered users.
As of January 2020, it had signed up more than 11 million new users in more than 170 countries. As of March 2020, it had 14 million registered users worldwide across around 150 countries.
3. Capital.com.
Capital.com is one of the most innovative trading platforms available to UK traders. The platform offers access to a multitude of financial markets and different instruments, including forex, stocks, indices, commodities, and more. With the Capital.com trading app, you can trade anywhere, anytime – 24 hours a day, seven days a week. The app is available for Android and iOS devices respectively through Google Play or the App Store. It also offers negative balance protection and customizable charting tools.
Capital.com is one of our favorite brokers at Trading Education so we have no hesitation in recommending it as one of the best trading platforms for UK traders in 2020.
4. XTB (X-Trade Brokers)
XTB (X-Trade Brokers) is the best forex broker in the UK.
XTB is regulated by the UK's Financial Conduct Authority (FCA), the Polish Financial Supervision Authority, the Spanish Securities Market Commission (CNMV), and the German Federal Financial Supervisory Authority (BaFin). The company offers forex, stock indices, gold, silver, oil, and gas for your personal investment and trading options.
XTB Online Trading is an online broker which specializes in CFD and forex trading. XTB Online Trading has been regulated by the Financial Conduct Authority (FCA) since 2002. XTB Online Trading also has a branch in Germany and is regulated by the German Federal Financial Supervisory Authority (BaFin).
XTB customers can choose between trading with MetaTrader 4 or xStation 5, a proprietary platform developed by XTB. XTB offers low spreads and a huge range of markets to trade on, including CFDs on currency pairs, indices, shares, and commodities. The broker also offers the possibility to trade with ETFs. This feature is very rare in the industry.
XTB offers free demo accounts, so you can try out the trading platform before depositing any real money. In addition, there are also many educational materials available through XTB's website, such as videos, tutorials, and webinars.
5. AvaTrade.
AvaTrade is the best trading platform in the UK for a number of reasons. They offer more than 250 trading instruments, including major and minor forex pairs, over 20 cryptocurrency pairs, thousands of stocks, bonds, and ETFs, and are licensed by two tier-1 regulators, which is impressive.
AvaTrade’s proprietary web-, desktop-, iOS- and Android-based trading platforms have won multiple awards. This broker is also regulated by some of the world’s top financial authorities, including the Central Bank of Ireland (CBI) and the Australian Securities & Investments Commission (ASIC).
These factors make AvaTrade one of the best online trading platforms in our opinion.
AvaTrade is an established and popular forex broker with a huge client base. It currently boasts over 200,000 clients worldwide. The broker is suitable for traders looking for a great trading platform that can be accessed from anywhere.
AvaTrade offers several types of accounts and bonuses. In addition, it also provides its customers with some educational materials such as webinars and other training videos on various topics. AvaTrade offers more than 250 instruments to choose from including commodities, forex, bonds, and indices among others.
AvaTrade was founded in 2006 in Ireland and currently has subsidiaries in Australia, Japan, South Africa, and BVI. It offers its customers the MetaTrader 4 platform which is available on both desktop computers and mobile devices as well as some other platforms such as Mac OSX and iPhone/iPad applications.
The MetaTrader 4 platform is easy to use since it has a simple interface that is quite user-friendly even for beginners.
Conclusion:
There are many trading platforms available to UK traders, the best of which offer the perfect mix of great features and low fees. The best trading platforms available in the UK will also have quality security measures in place, as well as a wide selection of trading tools and resources. Ideally, you will be able to find a platform that offers you everything you need. With that said, not all platforms are created equally. Some have better features than others or better prices. It is up to you to make an informed decision about which platform is best for you.
If you're still confused about what the best trading platform is, you should use FXCM's trading platform, which has everything a retail or institutional trader will need. The FXCM trading platform also comes with free live customer support 24/5 and it has the best price-to-value ratio on the market.
There’s a lot to like about this platform, but the UK-specific taxes and trading conditions may not appeal to all traders. We’d recommend you compare it to iWebTrader if you’re thinking of opening an account with a European broker, as you’re sure to find something that suits your trading needs.
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