The best UK investment apps offer low fees, a comprehensive range of markets and great user experience. They also allow you to invest small amounts of money – some as little as PS1 – to grow your wealth over time.
The most common way to invest in the UK is by buying shares and other securities. These are small ownership stakes in companies that trade on the stock market, traditionally in person but now online via investment apps. You can also invest in funds, property or cryptocurrencies (if you’re interested in that check out our article on the best crypto exchanges – UK). Or, as many people do now, save into a pension. This is an investment because it’s taking money out of your salary that will hopefully grow over the years to give you an income in retirement.
Maximizing Returns: The Best UK Investment Apps for Smart Investors
It’s important to choose a provider that is FCA-regulated and offers the protection of the Financial Services Compensation Scheme (FSCS). This will help ensure your money is safe, even if the company experiences financial difficulties.
One of the best investment apps for UK investors is eToro, which has thousands of UK and international assets to choose from including shares on the London Stock Exchange, AIM and US markets. It also supports diversified investments through ETFs and smart portfolios.
Another great option for beginners is Plum, a UK money management and investment app. It analyses your spending habits to estimate how much change you have that could be invested. It then invests it for you, automatically, in a selection of up to 21 funds and over 3,000 UK and international stocks. It also offers ethical or ESG investment Plans, so you can invest in line with your values.