Whether you’re a beginner looking to make trades on the go, open a stocks and shares ISA, or start building a portfolio, one of these easy-to-use investment apps could be perfect for you. They all offer a wide range of UK assets to invest in, are regulated by the FCA and are free to download. They also have a low minimum deposit and allow you to open a stocks and shares ISA, general investment account, lifetime ISA, junior ISA or personal pension.
Top UK Investment Apps for Beginners: Easy Ways to Start Investing
There are many factors to consider when choosing an investment app, but low fees are key for beginners. Top UK Investment Apps for Beginners is a good choice for new investors, as it offers zero-commission trading, and has great educational material and an intuitive user experience. Hargreaves Lansdown and AJ Bell are other popular options for beginners due to their extensive asset offerings and competitive charges.
Another option for beginners in the UK is Wealthify, a robo advisor that provides a personalised investment plan based on your risk preferences. You can choose from three ready-made portfolios – Cautious, Balanced, and Adventurous – or build your own DIY portfolio using their tracker funds, ETFs, ETCs and US stocks. They have a low minimum deposit of PS1, and charge annual fees of just 0.6% (excluding investments), with a lower fee of 0.16% for ethical portfolios. It also allows you to open a stocks and shares IRA, general investment account, personal pension or ISA, and offers free trades.