An online brokerage account lets you invest in stocks, ETFs, mutual funds and options. The best brokerages offer low or no commissions, user-friendly trading platforms and educational resources. They also let you create a watchlist of your favorite securities, receive alerts when an interesting stock or fund is available and provide tools to help you analyze complex options trades.Check this out :theinvestorscentre.co.uk
Cheapest Online Trading Platforms for UK Investors
The top choice for experienced investors is Interactive Brokers, which offers a professional-level trading platform that’s ideal for advanced traders with deep pockets who want to make use of investor APIs and automation tools. The firm has some of the lowest commissions for U.S. equity trading, as well as global markets and competitive pricing for options and futures trading. However, it may be too complex for beginners to use.
Another excellent option for experienced traders is TradeStation Global, which has a comprehensive trading platform that’s great for both active and global markets. The broker caters to investors of all experience levels and allows you to trade a large number of investment types, including stocks, options, ETFs and futures. The platform is also customizable, and the firm has competitive fees for global trading.
Robinhood is a popular choice among millennials, thanks to its commission-free trading for US-listed stocks and ETFs. The firm continues to add features that move beyond its mobile app origins, such as adding support for ETFs and allowing you to trade fractional shares. Meanwhile, Vanguard remains a low-cost leader for buy-and-hold investors looking to build wealth over time through passive investments.