Compare the best stock brokers & trading platforms

To invest in stocks, you’ll need to register with an online trading platform. This page takes you through the top stock brokers, and gives you all the information you need to choose between them.
Tip: our preferred broker is, eToro: visit & create account

What are the best stock trading platforms?

You can find all of the top trading platforms in the table below, with quick comparison information to help you find the best broker. If you’re ready to buy shares now, then simply follow one of the links and sign up, otherwise scroll down and keep reading.

Webull
Key Features
0 Commissions and no deposit minimums
Registered with and regulated by SEC and FINRA
Loss of cash protection
Min Deposit
$1
United States
Start Trading View key features
Key Features
0 Commissions and no deposit minimums
Registered with and regulated by SEC and FINRA
Loss of cash protection
Key Stocks
  • ADS, ADBE, BABA, AMZN, AMC, ADVANCED, AON, AAPL, AML, AZN, T, AV, SAN, BAC, BARBARC, BBBY, BRK.A, BYND, BB, BMW, BA, BP, BT, CCL, CNA, CSCO, C, CCE, DAI, DB, DTE, DIS, DC, DPZ, EZJ, EBAY, FB, F, GME, GE, GSK, GLEN, GOOG, HCMC, HSY, HPQ, HBC, IAG, IBM, ITV, LGEN, LLOY, LYFT, MCD, MSFT, MRNA, NEX, NWG, NFLX, NXT, NKE, NIO, NOKIA, NVDA, PYPL, PEP, PFE, RBS, REP, RIO, RBLX, RR, RMG, RYA, SBRY, SGMO, BNC, SHOP, SIE, SXX, SKY, SNAP, 6758, SPOT, TEF, TSCO, TSLA, TRIP, TWTR, UBER, VRTX, SPCE, V, VOD, VOW3, WMT, YELP, ZM, APHA, ACB, BGCANG, CGC, CRON, GWPH, INSY, TLRY
Payment Methods
Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.
Nadex
Key Features
CFTC Regulated exchange based in the US
Trade around the clock, how you want, when you want
100% defined risk trades on Forex, Stock Index Futures and Commodities underlying markets
Min Deposit
$250
United States
Start Trading View key features
Key Features
CFTC Regulated exchange based in the US
Trade around the clock, how you want, when you want
100% defined risk trades on Forex, Stock Index Futures and Commodities underlying markets
Key Stocks
  • ADS, ADBE, BABA, AMZN, AMC, ADVANCED, AON, AAPL, AML, AZN, T, AV, SAN, BAC, BARBARC, BBBY, BRK.A, BYND, BB, BMW, BA, BP, BT, CCL, CNA, CSCO, C, CCE, DAI, DB, DTE, DIS, DC, DPZ, EZJ, EBAY, FB, F, GME, GE, GSK, GLEN, GOOG, HCMC, HSY, HPQ, HBC, IAG, IBM, ITV, LGEN, LLOY, LYFT, MCD, MSFT, MRNA, NEX, NWG, NFLX, NXT, NKE, NIO, NOKIA, NVDA, PYPL, PEP, PFE, RBS, REP, RIO, RBLX, RR, RMG, RYA, SBRY, SGMO, BNC, SHOP, SIE, SXX, SKY, SNAP, 6758, SPOT, TEF, TSCO, TSLA, TRIP, TWTR, UBER, VRTX, SPCE, V, VOD, VOW3, WMT, YELP, ZM, APHA, ACB, BGCANG, CGC, CRON, GWPH, INSY, TLRY
Payment Methods
ACH, Debit Card, Wire Transfer
Nadex is the first, and largest, CFTC regulated exchange designed for the individual trader. Nadex offers around the clock trading on Forex, Stock Index Futures and Commodities. Nadex offers three unique contract types: Binary Options, Touch Brackets and Call Spreads giving traders the ability to trade how they want, when they want.
FOREX.com
Key Features
Access over 220 of the most popular company shares
Trade on spreads from 1 pt on UK shares
Go long or short on global top companies
Min Deposit
$50
United States
Start Trading View key features
Key Features
Access over 220 of the most popular company shares
Trade on spreads from 1 pt on UK shares
Go long or short on global top companies
Key Stocks
  • ADS, ADBE, BABA, AMZN, AMC, ADVANCED, AON, AAPL, AML, AZN, T, AV, SAN, BAC, BARBARC, BBBY, BRK.A, BYND, BB, BMW, BA, BP, BT, CCL, CNA, CSCO, C, CCE, DAI, DB, DTE, DIS, DC, DPZ, EZJ, EBAY, FB, F, GME, GE, GSK, GLEN, GOOG, HCMC, HSY, HPQ, HBC, IAG, IBM, ITV, LGEN, LLOY, LYFT, MCD, MSFT, MRNA, NEX, NWG, NFLX, NXT, NKE, NIO, NOKIA, NVDA, PYPL, PEP, PFE, RBS, REP, RIO, RBLX, RR, RMG, RYA, SBRY, SGMO, BNC, SHOP, SIE, SXX, SKY, SNAP, 6758, SPOT, TEF, TSCO, TSLA, TRIP, TWTR, UBER, VRTX, SPCE, V, VOD, VOW3, WMT, YELP, ZM, APHA, ACB, BGCANG, CGC, CRON, GWPH, INSY, TLRY
Payment Methods
Debit Card, Bank Wire, ACH, Credit Card, PayPal
Founded in 1999, part of GAIN Capital Holdings. Licensed in highly regulated jurisdictions, FCA, IIROC, NFA, CFTC, CIMA,FSA. Payment methods ACH, debit card, bank wire transfer. $50 minimum deposit.
CedarFX
Key Features
0% Commission Account
Low Spreads
Eco-Account Option
Min Deposit
$10
United States
Start Trading View key features
Key Features
0% Commission Account
Low Spreads
Eco-Account Option
Key Stocks
  • AAPL, ADS, BA, BABA, BAC
Payment Methods
Bitcoin, Credit Card, Debit Card
CedarFX is an eco-conscious broker offering 0% commission trading on 170+ assets, including Forex, Cryptocurrency Pairs, Stocks, Indices and Commodities. With up to 1:500 leverage, no-fee transactions and low spreads, traders can make the most of their funds. CedarFX also offers an Eco Account option to support tree planting and sustainability projects.
IG Markets
Key Features
Trade out-of-hours on over 70+ US stocks
Get exposure to a wide range of popular UK, US and international stocks
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Min Deposit
$500
United States
Start Trading View key features
Key Features
Trade out-of-hours on over 70+ US stocks
Get exposure to a wide range of popular UK, US and international stocks
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Key Stocks
  • AMZN, AAPL
Payment Methods
Credit Card, Debit Card, Bank Transfer, PayPal
The world-leading online trading and investments provider giving clients access to opportunities across thousands of financial markets through our intuitive platforms and apps.

What is a stock broker?

A stock broker (or stock trading platform) is a service that allows you to buy stocks and shares, either to hold for long periods of time or trade in the short term as the stock market fluctuates. There are a wide variety of online brokers available nowadays, with many platforms allowing you to trade other assets in addition to stocks, such as forex, cryptocurrencies, and commodities

How do stock brokers work?

Brokers work by acting as middlemen for stock trades: matching up buyers and sellers to complete transactions. Individual traders cannot directly execute trades on the stock market, so the trading platform will connect with stock exchanges and buy and sell shares on their users’ behalf depending on the orders they place with the broker. 

What’s the difference between a stock broker and a CFD trading platform?

It is common for online stock brokers to offer both share dealing and CFD trading services, and the difference lies in these two different approaches to trading stocks.

Share dealing works as described in the previous section: you instruct the broker to buy or sell shares for you, and they do so and record this in your account. Generally this approach is better suited to people looking to the longer term and wishing to buy and hold their shares for a long period of time.

CFD trading, on the other hand, is a method of trading stocks without having to buy them. A Contract for Difference (CFD) is a contract between two parties – a buyer and a seller – with the buyer agreeing to pay the seller the difference between the current value of an asset (in this case shares of a stock) and its when the contract expires. CFD trades can be made quickly, and they also allow for different techniques such as leveraged trading.

How do I use a stock broker?

Using a stock trading platform is a simple process. All you need to do is register with a broker, fund your account, and then navigate to the platform or app’s stock trading page. The exact process will vary a bit from broker to broker, but usually you’ll be able to type in your desired stock’s ticker symbol, see the current market rate, enter the number of shares you wish to buy, and click confirm.

The best stock trading platforms for beginners, traders, and long-term investors

One of the major factors when it comes to choosing a broker is the trading strategy you wish to pursue. If you’re a beginner looking to buy your first shares then your ideal platform will be different to an experienced trader using CFDs and leveraged trading. Here are the best UK stock brokers, broken down into different criteria.

The top broker for beginners

If you’re just starting to make stock market trades, then you’ll want to prioritise a broker that makes the process of buying shares as simple as possible, and also provides a selection of useful educational materials.

The top platform for day-traders

For experienced traders looking to open and close positions quickly as the market fluctuates, the perfect choice is a CFD trading platform that charges low commissions and offers access to a wide range of stocks and other markets.

The top app for long-term buyers

Traders looking to the long term will benefit from an established broker they can trust with their shares over time. If you’re building a portfolio to save for retirement or a large purchase, you want the foundations to be built with one of the most reliable names in the business.

What should I look for in a trading platform?

Here’s a quick run through of the most important areas to consider when trying to find the best trading platform for you.

Design and ease of use

Stock investing requires extensive research, patience, and skill. Given all of those challenges, the last thing you want is to waste time trying to figure out how your online broker’s website functions. Choose a broker with a well-designed website and/or mobile app that’s easy to use so you can spend more time focussing on your trades.

Demo account

Especially if you’re a beginner when it comes to stock investing, look for a broker that offers a free demo account. These accounts allow you to trade in real time, but with fake money – allowing you to learn the ropes without risking any of your capital.

Low fees 

Making a profit when trading stocks is far from a given. You certainly don’t want to have to pay significant fees or commissions to make the task even more difficult. Look for an online broker that offers reasonably low fees and commissions for processing your trades. 

Small spreads

If you’re making frequent trades, then it’s important to pay attention to the spreads applied by your chosen broker. The spread is the difference between the bid (buy) and the ask (sell) price. Many online trading platforms hide their true cost by charging small fees but applying large spreads.

Payment charges

You might have a preference for a specific payment method – for instance funding your stock trading account with PayPal. If this is the case, then be sure to check that the broker doesn’t apply any fees for deposits or withdrawals using PayPal.

Reputation and regulation

Make sure you’re using a reliable broker before funding your account and starting to trade stocks. You can get a feel for the platform’s reputation by looking at various online reviews, and also check which financial bodies regulate the trading app’s services. Trading with an unregulated broker is risky as you have no protection from fraud.

Shares available to trade

It seems obvious, but one of the most important things to check before signing up with a broker is that it allows you to buy and sell the stocks you’re looking to trade. Not all brokers offer shares in all companies – so if you’ve got your heart set on Tesla, Amazon, or Apple shares, check they’re available with your chosen broker.

Trading options

In addition to looking for a variety of asset choices, many investors seek numerous different trading options for their asset of choice. 

  • Some investors may want to go short (betting that the price of an asset will go down), in addition to going long (betting that the price of an asset will go up). 
  • Other investors may favour hedging, which is when you make an investment designed to limit the potential downside of another investment you’ve already made. 
  • Another trading option popular with certain investors is scalping. This is a method of arbitrage in which you attempt to make money by taking advantage of small price gaps between the bid price and the ask price of a specific asset on different platforms. 

Quick answers to key questions

Do brokers charge commissions or fees for trading stocks?

Yes, even the best online stock brokers in the UK charge fees for their services. Typical fees for executing a trade with a stock trading app will range anywhere from £1 to £15 depending on the size of the trade, and the exact nature of the fees charged will depend on your choice of broker or app. 

Our comparisons will help you find out which broker offers the best fee structure for the trades you want to make.

Do I have to verify my identity with a stock broker?

Yes you do. Any of the best stock brokers will require some form of identity verification. This process could involve everything from the broker verifying your bank information to more elaborate verification procedures including asking for photo ID such as a driver’s license or passport.

The overarching term for this layer of security is “KYC”, which stands for “Know Your Customer.” Brokerages and other financial institutions use KYC guidelines to help prevent people from laundering money or conducting financial scams.

Can I buy multiple stocks with a broker?

Yes, online stock brokers allow users to buy any number of different stocks at the same time. As long as you have enough money to afford multiple shares, and you don’t exceed any deposit or daily trading limits set by the broker, then there is no restriction on the number of different stocks you can invest in.

Do I need any extra software to use a stock broker?

It depends on the trading platform you use. Many online stock brokers will require no additional software – allowing you to trade simply on the browser or through the platform’s app. However, some brokers might require integration with popular forms of trading software such as MetaTrader 4.

Should I use a broker to buy and sell stocks?

If you want to buy and sell stocks, then using a broker is the best way to do so. Signing up to an online trading platform allows you to trade stocks quickly and easily, with brokers typically only charging minimal fees for executing your trades.

Still undecided?

If you’re still mulling over whether or not you want to invest in stocks using a broker, here are some pros and cons to help you make an informed choice – along with some additional things to consider.

Pros

  • Brokers allow you to trade a variety of stocks online 
  • Some platforms allow you to trade with CFDs and with leverage 
  • Online brokers have easy-to-use trading interfaces
  • Trading platforms typically charge low fees
  • Stock trading apps often support other markets such as forex

Cons

  • Nobody is guaranteed to make money trading stocks
  • Not all brokers are regulated
  • The verification process can sometimes be cumbersome

Should I buy stocks now?

This depends on your own financial goals and how you are looking to achieve them. If you’ve done your research and believe that the value of a particular stock is going to rise over time, then it’s a good time to buy some shares now and sit on them until that rise in value hopefully materialises.

If your aim is to become a day trader, then the fundamental strength and long term performance of specific stocks aren’t as much of a concern. What you want to do is master technical analysis so you can read price charts and anticipate fluctuations – timing your trades just right to profit as stock prices move up and down.

For either strategy, it’s best to keep on top of all the latest news and analysis about the stock market. You can find our recent coverage right here to help you determine if now is the right time to invest in stocks.

Bank of America (NYSE: BAC) shares are trading near record levels, and as long the price is above $35, there is no risk of the trend reversal. Bank of America expects a successful 2021, and according to the latest news, it acquired a health care payment and technology company…
Toyota (NYSE: TM) shares have found strong support above $140 level, and Wall Street remains bullish on this company. Toyota reported that U.S. sales jumped 87% in March, and according to the latest news, the company is considering working together with Tesla on developing a small SUV platform. Fundamental analysis:…
Vonage Holdings (NASDAQ: VG) shares have weakened 3.9% since the beginning of January 2021, and the current share price stands around $12.3. Morgan Stanley maintains an “equal weight” rating on Vonage Holdings with a $13 price target, while J.P Morgan reported that it is still waiting for business improvements.

Where can I learn more about stock market trading?

Right here on Invezz. We offer a range of beginner-friendly stock trading courses to help you understand how to craft a successful trading strategy. Take a few courses and then sign up to a top broker to put your knowledge to good use. 

FAQs

What are the benefits of investing in stocks?
Can I use multiple stock brokers?
Are online stock brokers regulated?
Is online trading legal?
Do I have to pay tax on my trading profits?
Are stock brokers available 24/7?
Where can I learn how to trade stocks?
Can I short with online stock brokers?
Can I trade with leverage with online stock brokers?
Can I transfer from my broker account to PayPal?
Is it easy to switch brokers?
What if I forget my broker password?
Do stock brokers have mobile trading apps?
Is online training anonymous?
Can I access my entire trading history?
Written by: Max Adams
Max joined us in 2020 to lead the editorial team. With years of experience producing digital content related to the financial sector, from insurance to cryptocurrency and forex trading, Max oversees content production across Invezz.