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Best stock brokers & investing apps in the United Kingdom

7 licensed stock brokers & investing apps, ranked on the company that would actually open your account. How we rate

Saxo logo

Top pick

Saxo

Score 77/100, licensed in the United Kingdom

IG logo

$0 commission on US stocks

IG

and 1 more on this list

Saxo logo

Lowest verified minimum deposit

Saxo

No minimum, and 3 more at the same level

Is it legal?Yes, with a licensed stock broker.
Where they're licensedAll 7 in the United Kingdom: 7 licensed by FCA.
If a stock broker failsFinancial Services Compensation Scheme (FSCS): £85,000 per person, per firm (investments). The scheme depends on the country that licenses the firm. It never covers trading losses.

The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

Links to providers are paused for UK visitors while we finish a review of the UK financial-promotion rules. Rankings and reviews are still available.

All 7 stock brokers & investing apps

#BrokerStock feeInstrumentsMin. depositCoinish ScoreActions
1
Saxo logo
Top pick

Saxo

Licensed in the United Kingdom · FCA

Not verified71,000+$077rated 4.3/5
2
IG logo

IG

Licensed in the United Kingdom · FCA

$0US stock fee17,000+$077rated 4.0/5
3
eToro logo

eToro

Licensed in the United Kingdom · FCA

$2US stock fee10,000+Not verified73rated 3.7/5
4
XTB logo

XTB

Licensed in the United Kingdom · FCA

$0US stock fee11,900+$071rated 3.9/5
5
Interactive Brokers logo

Interactive Brokers

Licensed in the United Kingdom · FCA

$1US stock feeNot verifiedNot verified71rated 4.1/5
6
Hargreaves Lansdown logo

Hargreaves Lansdown

Licensed in the United Kingdom · FCA

£6.95UK shares (online) feeNot verified$069rated 3.6/5
7
Lightyear logo

Lightyear

Licensed in the United Kingdom · FCA

$1US stock fee6,000+Not verified56rated 3.6/5

Good to know

Stocks rules in the United Kingdom

Local licence required

Brokers serving UK residents must be FCA-authorised.

Regulator sources (1)
  • “In the UK, almost all firms that provide financial services must be authorised or registered by us”

    fca.org.uk · Oct 5, 2026

Stocks in the United Kingdom at a glance

  • 7 stock brokers & investing apps with a verified licence serve residents of the United Kingdom: 7 hold a local licence (FCA).
  • Top pick by Coinish Score: Saxo (77/100, Editor Rating 4.3/5).
  • $0 commission on US stocks: IG and XTB.
  • No minimum deposit: Saxo, IG, XTB and Hargreaves Lansdown.

How this ranking works

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of the United Kingdom, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Stocks in the United Kingdom: what to know

All 7 stock brokers & investing apps on this list hold a licence from the Financial Conduct Authority (FCA) (Saxo, IG, eToro, XTB, Interactive Brokers and 2 more).

Currency conversion, which you pay on every US share bought from a non-dollar account, costs from 0.25% (Saxo) to 0.8% (IG). Hargreaves Lansdown charges £6.95 per order for UK shares (online).

What to check before you open an account in United Kingdom

  • Search the company name on the FCA register (register.fca.org.uk).
  • Check which company your contract is with. Saxo, for example, onboards residents of the United Kingdom through Saxo Capital Markets UK Ltd (FCA licence 551422), and the name on the account-opening documents should match the list.

Is share trading legal in the United Kingdom?

Yes, with a licensed provider. Brokers serving UK residents must be FCA-authorised.

Source: fca.org.uk

What is the best stock broker in the United Kingdom?

By Coinish Score, Saxo (77/100, Editor Rating 4.3/5), through Saxo Capital Markets UK Ltd (FCA licence 551422). IG (77) and eToro (73) follow. The score rates the company that would serve you in the United Kingdom, so the same brand can rank differently in another country.

Is your money protected if a stock broker fails?

If a broker fails, the compensation scheme of the regulator that licenses it applies, not one chosen by where you live. For this list: Financial Services Compensation Scheme (FSCS): £85,000 per person, per firm (investments) for clients of FCA-licensed investment firms (7 on this list). Compensation covers missing client money and assets after a firm's failure, never trading losses.

Source: fscs.org.uk

Do you pay tax on share profits in the United Kingdom?

Shares held in a stocks and shares ISA grow tax-free; in the 2026 to 2027 tax year you can put up to £20,000 into ISAs. Capital Gains Tax is due only on overall gains above the tax-free allowance, which is £3,000.

Coinish isn't a tax adviser: check your own situation with the tax authority or an accountant.

Sources: gov.uk (1), gov.uk (2)

Coinish provides general information only. Nothing on this site is investment, tax or legal advice.