Investing app uk allows you to invest a small amount of money into the stock market every month. They are easy to use, simple to understand and offer low-cost options compared to traditional brokerages. They can help you save for a rainy day or even build wealth in the long term by growing your investments over time. There are many different investment apps available in the UK, and each has its own benefits and drawbacks.

Automated investing is a great option for those who don’t want to be hands-on with their investments. These apps automatically invest your spare change or small amounts of money into the stock market for you. They typically use Open Banking to analyse your spending habits and estimate the best amount of money to invest for you. Some will round up your purchases and automatically invest the difference, while others will set up a regular direct debit and invest a fixed amount each month.

Your Go-To Investing Companion: Exploring the Best Investment Apps in the UK

eToro is one of the leading investment apps in the UK, offering a range of services including smart portfolios and copy trading. It offers a slick and easy-to-use mobile trading app, which supports thousands of UK and international stocks and ETFs. It also waives the 0.5% stamp duty for investors who buy UK stocks and ETFs.

Spread betting and CFDs are two different types of financial derivatives that allow you to speculate on the direction of a share or an index without paying tax on your profits. IG is a good choice for investors who want to trade both of these products, as it offers a slick app and competitive margin rates.