Best Investment Platforms UKBest Investment Platforms UK
The Best Investment Platforms UK is a place where you buy and sell shares, funds or other investments. Some platforms are aimed at investors who work with financial advisers, while others are designed for those that prefer to take a self-directed approach. Choosing a good investment platform depends on how you want to invest, your time horizon and your level of confidence.
Those that prefer to do-it-yourself will need a comprehensive DIY investment platform with a broad range of investment options, including UK and overseas shares, funds and investment trusts. AJ Bell, for example, offers one of the widest choices of shares and other investments while Interactive Investor has a suite of tools to support those looking to build their own portfolios or use ready-made investments.
Best Investment Platforms UK: Top Choices for Every Investor
Robo-advisors, like Nutmeg and Wealthify, make investing simple by putting algorithms in charge of managing your money. They will automatically select and manage your portfolio for you based on your goals, risk tolerance and other factors. Robo-advisors typically charge relatively low fees and are ideal for those who prefer to save on fees and have a hands-off investing style.
A good investment app should also offer you a number of ways to access your money, including through an ISA. IG Trading, for example, offers a robust mobile app with deep functionality and a suite of research tools for active traders while also paying 4.5% interest on uninvested cash, one of the highest rates in the UK. However, you must remember that your capital is at risk and ISA and pension rules apply.