The Best Investment Apps For Beginners
There are a variety of different best investment apps uk for beginners on the market, with new ones appearing all the time. Which one to choose will depend on your investing goals and preferences. You will need to consider factors such as fees, available features and user interface. In addition, it is important to choose an app that supports the type of investments you want to make.
For those looking to invest in shares, funds and company bonds, I would recommend checking out eToro, which has a slick trading platform, social trader functionality and comprehensive educational resources. It is ideal for beginners and also offers commission-free trading.
Another option is Moneyfarm, which is a robo-advisor that invests your money for you. It has an easy to use website and mobile app and a range of investment portfolios, including socially responsible options. However, it is a little more expensive than some other platforms.
Best Forex Trading Platforms in the UK for Beginners
Other popular UK investment apps include Hargreaves Lansdown, Freetrade and Trading 212. All of these offer a good choice of stocks, ETFs and investment trusts as well as a wide range of markets. They also offer a good range of research tools and analysis.
Other investment apps offer a wider range of assets that can be traded, including currencies, cryptocurrencies and commodities. However, it is important to remember that these can be more volatile than other investments and you should always have a clear understanding of your risk tolerance before investing in them.