If you are looking for eToro alternatives in the UK then you will be pleased to learn that there are plenty of alternative options out there for you – and good ones too.
Technology has made it possible for everybody with internet access to invest in the financial markets and the competition among brokers is greater than ever.
Let’s take a look at alternative investing platforms to eToro where you can buy UK and international stocks.
Trading212 is a London based FCA regulated online broker offering trading services with forex, stocks, and CFDs.
The company was one of the first to offer commission-free trading in the UK.
Unlike eToro, which only has one account type, the company has three account types – Investor, ISA and CFD.
Freetrade is a London based FCA regulated freemium online broker offering commission-free trading on stocks, and shares.
Freetrade, founded in 2016, offers three account types, General Investment Account, ISA and Pension.
InvestEngine is a UK commission-free ETF investment platform. InvestEngine a choice of managed portfolios tailored to you and commission-free DIY investing to help you build long-term wealth. Users can invest in over 500 exchange-traded funds (ETFs) from iShares, Vanguard and other leading brands.
InvestEngine is FCA regulated and has seven account types, from ISA to business accounts.
Hargreaves Lansdown was founded in 1981 and is listed on the London Stock Exchange and is a constituent of the FTSE 100.
The company does not offer commission-free trading but does have various account types including ISA, Pensions and General Investment accounts.
Hargreaves Lansdown is recommended for the experienced, long-term investor, who does not mind paying commission when buying or selling.
Interactive Investor was founded in 1995 and offers various account types including ISA, Pensions and General Investment accounts.
The company does not offer commission-free trading and I would say that just like Hargreaves Lansdown, they target experienced investors.
AJ Bell was founded in 1995 and is listed on the London Stock Exchange and is a constituent of the FTSE 250.
Just like Interactive Investor and Hargreaves Lansdown, the broker does not offer commission-free trading and has various account types, including ISA, General Investment account and Pensions.
Bestinvest was founded in 1986 and it launched its service for DIY investors in 2011.
Bestinvest does not offer commission-free investing and currently has three account types, ISA, SIPP and Investment Account. The platform has over 2,500 funds, UK shares, investment trusts and ETFs available to invest in.