Best investment platforms UK

Investment platforms are a great vehicle for growing your money. We've compiled a list of the UK's best investment apps and what they offer.

Posted

Fact checked
Find out which apps came top in each category Best investing apps
See our table of fees and features Compare platform features

Best “set and forget investing”: Moneyfarm

Promoted
Moneyfarm

‎Open a stocks and shares ISA with Moneyfarm today

Capital at risk

  • Access account any time using the app
  • Get investment advice to help grow your money
  • Transfer and withdraw money with no fees
  • Set up your ISA in minutes

Moneyfarm is an online and app-based investing platform. It aims to make investing easy, accessible and low-cost. The company offers three main products: a stocks and shares ISA, a general investment account and a pension. There’s a minimum investment of £1,500 for these products. It’s a great all-round experience if you’re looking to get started with investing.

Pros and cons of Moneyfarm

Pros

  • Moneyfarm manages your portfolio for you
  • Free withdrawals
  • No exit fees

Cons

  • Not very hands-on, which is good for beginners but not if you’re looking for a DIY platform
  • Minimum of £1,500 needed to start investing.
  • Only seven portfolios – other platforms tend to have more options

Best established platform: Hargreaves Lansdown

Promoted
Hargreaves Lansdown

Easy, low-cost account with the UK's biggest investment platform Hargreaves Lansdown

Your capital is at risk.

  • UK’s largest investment manager with huge range of investments
  • Invest in funds, global shares, bonds, ETFs and more
  • Detailed online resources and Bristol-based helpdesk available
  • Open an account in minutes with your debit card and NI number

Hargreaves Lansdown is the UK’s biggest wealth manager. With that comes a fair bit of credibility, and it also has the complete range of investing services on offer. You can have a portfolio expertly managed for you, pick your own investments yourself or something in between.

Pros and cons of Hargreaves Lansdown

Pros

  • Plenty of investment options
  • Great educational tools to help beginners find their way around
  • Charging caps if you hold shares

Cons

  • No demo account available.
  • Fees can be quite high in general.

Best for flat-fee investing: interactive investor

Promoted
Interactive Investor

Try interactive investor's award-winning investing account

Capital at risk, investments may fall

  • Over 40,000 UK and global stocks to choose from
  • Reduce FX costs by managing money in 9 currencies
  • One free trade per month
  • Start investing today for a flat fee £9.99 a month

interactive investor is an online investment service offering a range of different investment products, all with flat fees. This is a big plus point if you’re a wealthier investor as percentage fees can really eat away at your profits.

Pros and cons of interactive investor

Pros

  • Takes flat fees instead of a percentage of your investments (but the fees can outweigh your profits if you only have a small amount to invest)
  • Gives a lot of detail and options when investing – good for experienced investors
  • Great deal of information and inspiration on investing to help you make decisions

Cons

  • Quite a lot of fees for services, such as share certificates and postage
  • Overwhelming number of options if you’re new to investing
  • Fees might outweigh profits if you only have a small amount to invest

Best all-rounder: AJ Bell

Promoted
AJ Bell

Open an account with AJ Bell today and start investing

  • Easy, affordable stocks and shares ISA
  • Choose your own investments
  • Wide choice available

AJ Bell is a similar prospect to Hargreaves Lansdown. It’s a great all-rounder with slightly cheaper fees than Hargreaves (though this obviously will depend on exactly what investing you’ve got planned!). On top of this, it has a great reputation for customer service. Formed in Manchester in 1995, AJ Bell has over 150,000 clients and manages over £40 billion.

Pros and cons of AJ Bell

Pros

  • ISA accounts available, meaning you save paying tax on your returns
  • Lots of different investment options and ideas
  • Award-winning UK-based customer service team.

Cons

  • Not a huge selection of learning tools and resource.

Best for smaller investments: Plum

Promoted
Plum

Manage your money with Plum

  • Plum automatically sets money aside for you
  • Helps you switch and save money on bills
  • Withdraw funds whenever you need
  • Analyse your spending to help you own your budget

Savings app, Plum lets you invest your deposits. You can start with only £1 and it can be a cost-effective option for smaller amounts. Your investments can be saved in a stocks and shares ISA, meaning you may not have to pay tax on your profits.

Plum has a range of funds available to choose from – if you like the look of more than one, there’s no reason why you can’t choose more than one and have your money invested between the two.

Pros and cons of Plum

Pros

  • Learns how you use your money and sets aside small savings for you.
  • Free to register and use.
  • Start with £1
  • Ethical investing available

Cons

  • For higher investments, this isn’t the cheapest option
  • No demo account or walkthroughs available

Best for investing spare change: Moneybox

Promoted
Moneybox

Download Moneybox to save and invest for your future

  • Download the app and get started with £1
  • Save and invest starting with your spare change
  • Market-leading cash Lifetime ISA at 1.1%
  • Sign up takes minutes
Moneybox is a round-up app that lets you invest the money that you save up. It connects to your bank account and rounds up your day-to-day transactions. For example, say you spend £2.50 on a latte every morning, you’ll be putting 50p into a stocks and shares ISA each day.

Pros and cons of Moneybox

Pros

  • Easy to use
  • Savings taken by direct debit
  • Ethical investing available

Cons

  • Round-ups aren’t taken when you make your transactions
  • Only three risk profiles to choose from

Best for range of portfolios: Nutmeg

Promoted
Nutmeg stocks and shares ISA

Save and invest with Nutmeg

  • Choose a portfolio that goes with your investment style
  • Get help with your account management
  • Open and transfer your ISA account in minutes
Nutmeg is a robo-advisor that learns a bit about you and then chooses investments suited to your risk profile and investment goals. It builds a portfolio for you, which you can pay into via direct debit. Nutmeg offers one of the largest ranges of products of all the investment apps we’ve looked at. You can invest in ISAs, junior products and pensions.

Pros and cons

Pros

  • Offers a huge range of products
  • Easy to use
  • Plenty of different risk profiles to choose from

Cons

  • A costlier option compared with other robo-advisors

How to choose the best investment app

When it comes to choosing which investment app you want to use, you should consider what it is you’re looking for. Are you looking for something to set up and leave alone, such as Moneybox? Or do you want something that’s a bit more personal and talks you through everything, like Plum?

Consider the following:

  • Fees. Work out how much it will cost you to invest the amount you want to – would it be cheaper with another provider?
  • Products available. If you want to invest in a stocks and shares ISA, check that the providers have this available.
  • Portfolios. Do you want to have a lot of choices when it comes to choosing portfolios?
  • Ethical investing. If you’re looking for ethical investing, check out the providers that offer this and what their ethical portfolios are invested in.
  • Tools. If you’re just starting out with investing, consider choosing a platform that has more guides and video walkthroughs to help you out.

Summary: Finder’s best trading investment apps in the UK

  • Best for “set and forget investing”: Moneyfarm
  • Best for an established platform: Hargreaves Lansdown
  • Best for flat-fee investing: interactive investor
  • Best for an all-rounder: AJ Bell
  • Best for smaller investments: Plum
  • Best for investing spare change: Moneybox
  • Best for range of portfolios: Nutmeg

Compare investing platforms

Data indicated here is updated regularly
Name Product Minimum deposit Maximum annual fee Price per trade Brand description
Moneyfarm stocks and shares ISA
£1500
0.75%
£0
Hargreaves Lansdown stocks and shares ISA
£100
0.45%
£11.95
Hargreaves Lansdown is the UK's biggest wealth manager. It's got everything you'll need, from beginners to experienced investors. Capital at risk.
Interactive Investor stocks and shares ISA
Any lump sum or £25 a month
£119.88
£7.99
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
Saxo Markets stocks and shares ISA
No minimum deposit requirement
0.12%
£8.00
Saxo Markets offers a wide access to a range of stocks, ETFs and funds. Capital at risk.
AJ Bell stocks and shares ISA
£500
0.25%
£9.95
AJ Bell is a good all-rounder for people who to choose between shares, funds, ISAs and pensions. Capital at risk.
Fidelity stocks and shares ISA
£1000 or a regular savings plan from £50
0.35%
£10.00
Fidelity is another good all-rounder, offering a good package at a decent price. Not suited for trading shares. Capital at risk.
Nutmeg stocks and shares ISA
£100
0.75%
£0
Nutmeg offers three types of portfolios. Choose the one that goes with your investment style. Capital at risk.
Legal & General stocks and shares ISA
Legal & General stocks and shares ISA
£100 or £20 a month
0.61%
N/A
Legal & General is a big financial services company which offers insurance, lifetime mortgage, pensions and stocks and shares ISAs. Capital at risk.
loading

Compare up to 4 providers

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Capital is at risk.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site