There are numerous trading apps available in the UK, and choosing the ideal app can be time-consuming and taxing. Some of the factors that you’ll need to consider when selecting a trading app include;

  • Fees and commissions
  • Tradable products and markets
  • Research tools
  • Supported payment methods.
  • Availability of a demo account.
  • User-friendliness
  • Regulation

To get you started, we have put together a list of some of the best trading apps in the UK. Keep reading to find out which trading apps have free stocks sign up offers! 

Freetrade (Free Stocks Sign up Offer)

Freetrade provides a cheap, safe, and user-friendly trading platform for investors. You can trade stocks on this platform for free. There are also no deposit and withdrawal fees on Freetrade. The funding methods accepted for this trading app are bank transfers, Google Pay and Apple Pay. 

There are four account types on Freetrade;

  • General Investment Account. This is the basic account which is free. It allows you to trade stocks and shares. With this account you’ll have access to over 3000 stocks and ETFs.
  • Investment Savings Account. This account costs £3 monthly, and it supports fractional ownership of shares in addition to trading stocks and shares.
  • Freetrade Plus Account. You can access this account type at £9.99 monthly. It allows you to trade stocks, shares, and fractional shares. In addition, you’ll have access to more stocks and order types.
  • Self-Invested Personal Pension (SIPP). This account type costs £9.99 or £7 (for plus members) monthly. It allows you to trade in stocks, shares, and fractional shares.

Freetrade is one of the trading apps with a free stocks sign up offer. Once you sign up for a Freetrade account you get a free stock worth up to £230. If you refer a friend to the service, both of you also get a free share worth up to £230.

You can get in touch with Freetrade customer support using live chat or email. The team responds fast and offers helpful answers. 

Stake (Trading App With Free Stocks Sign Up Offer.)

Stake

STAKE
Free share up to £230 when you sign up and deposit £50

Trade 4,500+ US stocks with no fees
Get Code

Stake was founded in 2017 and is based in Australia. This trading app is a great option for individuals interested in trading US stocks and ETFs on a commission-free basis. With stake, you’ll be able to trade approximately 3,000 US stocks, 1000ETFs, and over 200 US-listed ADRs. 

Stake is a very safe trading platform. It is regulated by top-tier organizations and has also partnered with SIPC. With this partnership, the securities in your account are insured up to $500,000 ($250,000 for cash). 

Stake trading fees are relatively low. While the platform does not charge an inactivity fee, there are withdrawal and deposit fees. There are two account types with Stake. The standard account is free while Stake Black costs £9 monthly. Both accounts allow you to make commission-free trades. The Stake Black account comes with extra perks including access to analyst ratings, price targets and pro-level data. 

You can purchase fractional shares with stake. This allows you to own a fraction of expensive stocks. Stake is another trading app with a free stocks sign up offer. By signing up, you get a free stock that is worth up to £200. When you refer a friend to the service, you both get a free share worth up to £200.

eToro

eToro is one of the UK’s leading trading apps, and it is a favourite among both beginners and experts. eToro is a relatively cheap trading app. You can trade stocks and ETFs at no cost, and there are also no account fees. Non-trading fees for this app are average. You can withdraw money from eToro at a cost of $5. After a year of inactivity, eToro will charge you $10 monthly. 

There are two account types with eToro. A demo account allows you to test the platform without risking any money and provides a great learning opportunity. Once you’re more comfortable making trades you can open a live account. 

The eToro trading app is very user-friendly and easy to navigate. You can deposit funds into your account using UK debit/ credit cards, bank transfers, PayPal, Skrill, Neteller, Sofort banking, and China Union Pay.

eToro has a lot to offer in terms of tradable products. You can trade stocks, ETFs, various cryptos, indices, forex, and commodities. One of the best features is CopyTrader. CopyTrader enables you to trade passively by looking at the stats and analytics of top traders on the platform and copying their trades.

eToro allows fractional ownership of shares. This is a very handy feature especially for expensive stocks and for individuals on a budget. This trading app is also very easy to use as it is regulated by a number of top-tier authorities.  

IG

IG is a safe, user-friendly trading app that is suitable for users at any experience level. It is regulated by the FCA in the UK. With this platform, withdrawals and deposits are free. An inactivity fee is only applied after 2 years. However, the Forex and stock CFD fees on IG are not the most competitive. 

You can fund your IG account using bank transfers, credit/debit cards, and PayPal. An advantage of using bank transfers is that there’s no minimum threshold for a deposit. If you opt to fund your account by card or PayPal, the minimum deposit is $300.

IG grants you access to an impressive selection of CFDs and forex. If you are residing in the UK, you can also trade in stocks. A great perk of IG is that they offer a demo account. This is useful, especially for novice traders, as you can gain experience risk-free and make an informed decision.

You can develop a better trading strategy using IG’s research tools, trading ideas and great interactive charts. You can reach IG’s customer service via email, live chat, or phone, and the answers provided are always helpful. 

Capital.com

Capital.com is an affordable, easy-to-use trading app that is ideal for beginners. There are no account charges, deposit, withdrawal, or inactivity fees on this platform. The forex and CFD fees on Capital.com are also very competitive. 

If you use credit/debit card or Apple Pay, the minimum deposit is $20. With bank transfers, however, the minimum deposit amount is $250. You can take advantage of Capital.com’s demo account to gain experience without investing (and probably losing) money. 

With Capital.com, you can trade CFDs, forex, and cryptocurrencies. However, you’ll miss real stocks, ETFs, and Funds on this platform. 

Capital.com offers some of the best customer support in the industry. You can reach out to their team through phone, live chat, email, Telegram, Facebook Messenger, and even WhatsApp. Their responses are usually fast, informative, and relevant. 

Stock trading apps have made it very easy and convenient to carry out trades and monitor the value of stocks. With a great trading app that matches your financial goals, you’ll be able to take advantage of opportunities regardless of your location.

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