Did you know that in 2024, the number of mobile trading app users in the UK reached a staggering 17 million? That’s almost a quarter of the country’s population!

Investment apps have exploded in popularity, revolutionizing the way people manage their finances and trade in the stock market. Whether you’re a seasoned investor or just starting out, the convenience and accessibility of these apps can help you navigate the complex world of trading with ease.

Key Takeaways:

• Mobile trading apps have gained immense popularity, with 17 million users in the UK in 2024.
• These apps offer convenience and accessibility for investors of all levels, making it easier to manage finances and trade in the stock market.
• Whether you’re a beginner or an experienced investor, choosing the right trading app is crucial for a successful investment journey.
• In this article, we will explore the top picks for trading apps in the UK in 2024, specifically focusing on options that are beginner-friendly.
• Discover the features, usability, and advantages of each app to make an informed decision that suits your investment goals.

Overview of Investment Apps and their Features

Investment apps have revolutionized the way users manage their investments, providing a user-friendly and convenient platform for trading and investing. These apps offer a wide range of features designed to cater to the needs of both beginner investors and experienced traders. Let’s take a closer look at some of the key features that make investment apps popular among users.

User-Friendly Interface

One of the main advantages of investment apps is their intuitive and user-friendly interface, making them accessible even to those who are new to investing. These apps are designed to simplify the investment process, allowing users to easily navigate and manage their portfolios with just a few taps.

Real-Time Stock Quotes and News

Investment apps provide users with up-to-date stock quotes and news, keeping them informed about the latest developments in the financial markets. This real-time information allows users to make informed investment decisions and stay on top of market trends.

Investment Research Tools

Many investment apps offer robust research tools that assist users in making informed investment decisions. These tools provide access to market data, financial ratios, company news, and analyst reports, empowering users to conduct thorough research and analysis before making investment choices.

Customizable Portfolios

Investment apps allow users to create and customize their investment portfolios according to their individual preferences and goals. Users can choose from a wide range of investment options, including stocks, bonds, exchange-traded funds (ETFs), and mutual funds, enabling them to diversify their portfolios and manage risk effectively.

Trading Capabilities

Investment apps provide users with the ability to execute trades directly from their mobile devices. These apps offer various types of orders, such as market orders, limit orders, and stop orders, allowing users to take advantage of market opportunities and execute trades promptly.

Robo-Advisor Services

Some investment apps offer robo-advisor services, which use algorithms to create and manage investment portfolios based on the user’s risk tolerance and financial goals. Robo-advisors provide a hands-off approach to investing and are particularly advantageous for beginners who may not have the time or expertise to actively manage their portfolios.

Evaluation of Features, Fees, and Security

Before choosing an investment app, users should conduct a thorough evaluation of its features, fees, and security measures. It’s essential to consider factors such as account minimums, trading fees, account fees, and data security to ensure a suitable and secure investment experience.

Investment App	User-Friendly Interface	Real-Time Stock Quotes and News	Investment Research Tools	Customizable Portfolios	Trading Capabilities	Robo-Advisor Services
Saxo	✔️	✔️	✔️	✔️	✔️	❌
Interactive Brokers	✔️	✔️	✔️	✔️	✔️	❌
AJ Bell	✔️	✔️	✔️	✔️	✔️	❌
Hargreaves Lansdown	✔️	✔️	✔️	✔️	✔️	❌
eToro	✔️	✔️	✔️	✔️	✔️	❌
IG	✔️	✔️	✔️	✔️	✔️	❌

Top Picks for Trading Apps in the UK

When it comes to trading apps in the UK, there are several top contenders that have been highly rated in terms of features and user experience. These apps offer a range of functionalities and advantages that cater to different types of traders and investors.

One of the top picks is Saxo, which has been ranked as the best overall stock app. Saxo provides a highly sophisticated mobile app with various features that appeal to experienced investors. With Saxo, users have access to real-time stock quotes, advanced charting tools, and comprehensive research materials.

Another standout trading app is Interactive Brokers, known for its usability and extensive tools. This app offers a user-friendly interface that allows traders to execute trades quickly and efficiently. It also provides a wide range of investment options and has robust research capabilities.

AJ Bell is another app worth considering, especially for those looking for a variety of account options. AJ Bell offers multiple types of accounts, including stocks and shares ISAs, SIPPs, and general investment accounts. The app is known for its user-friendly interface and comprehensive portfolio management tools.

Hargreaves Lansdown is a popular choice for everyday investors who want a detailed app that provides a wide range of investment options. The app offers customizable watchlists, real-time market data, and in-depth research reports to help users make informed decisions.

eToro, on the other hand, is recognized for its simplicity and social trading features. The app allows users to copy the trades of successful traders, making it a great option for beginners who want to learn from experienced investors.

Lastly, IG is preferred by traders who prioritize a powerful and intuitive trading experience. IG offers a user-friendly platform with advanced charting tools, customizable layouts, and a wide range of markets to trade.

Overall, these trading apps offer unique features and advantages that cater to different types of traders and investors. Whether you’re an experienced investor looking for advanced tools or a beginner seeking simplicity, there’s a trading app in the UK that can meet your needs.

Trading App	Key Features
Saxo	Highly sophisticated mobile app, real-time stock quotes, advanced charting tools, comprehensive research materials
Interactive Brokers	User-friendly interface, extensive tools, wide range of investment options, robust research capabilities
AJ Bell	Multiple account options, user-friendly interface, comprehensive portfolio management tools
Hargreaves Lansdown	Wide range of investment options, customizable watchlists, real-time market data, in-depth research reports
eToro	Simplicity, social trading features, ability to copy trades
IG	Powerful and intuitive trading experience, advanced charting tools, customizable layouts, wide range of markets

Conclusion

When it comes to choosing the best trading app in the UK for 2024, there are several key factors to consider. Usability, available features, range of accounts, fees, and educational material all play a role in determining which app is the most suitable for your needs.

According to our rankings, Saxo has emerged as the top choice for its sophisticated features and extensive platform. It offers a wide range of investment options and tools, making it an excellent choice for both experienced traders and beginners.

Other notable options include Interactive Brokers, AJ Bell, Hargreaves Lansdown, eToro, and IG. Each of these apps offers its own unique advantages, catering to different types of traders and investors.

For beginners, it is recommended to prioritize low fees and access to educational material. These features can help new investors learn the ropes and make informed decisions while minimizing costs.

Overall, the UK trading app market in 2024 provides a range of solid mobile experiences for investors. Whether you’re a beginner or an experienced trader, there is an app out there that can meet your needs, helping you navigate the financial markets with confidence.

FAQ

What is an investment app?

An investment app is a service for mobile devices that allows users to invest and manage their money in various financial markets. These apps offer features such as real-time stock quotes, news and analysis, customizable portfolios, and trading capabilities.

What features do investment apps offer?

Investment apps provide users with features such as real-time stock quotes, news and analysis, investment research tools, customizable portfolios, and trading capabilities. Some apps also offer automated investing features, such as robo-advisor services, that create and manage investment portfolios based on the user’s risk tolerance and goals.

What are the best trading apps in the UK for 2024?

Based on reviews and analysis, the best trading apps in the UK for 2024 include Saxo, Interactive Brokers, AJ Bell, Hargreaves Lansdown, eToro, and IG. Each app has its own unique features and advantages.

What factors should be considered when choosing a trading app in the UK?

When choosing a trading app in the UK, it’s important to consider factors such as usability, available features, range of accounts, fees, and educational material. Beginners may prioritize low fees and access to educational material when selecting an app.

What are the top picks for trading apps in the UK?

The top picks for trading apps in the UK include Saxo, Interactive Brokers, AJ Bell, Hargreaves Lansdown, eToro, and IG. These apps offer a range of options for different types of traders and investors.