Brokers

5 Best UK Stock Brokers List for 2023

By Stefano Treviso, Updated on: Aug 21 2023.

As a stock trader or investor it can get very complicated to choose the right broker according to your needs as the market is flooded with choices and all of them seem to claim to be the best.

Here are our 5 best UK Stock brokers for the year 2023:

Some brokers are great for short term speculators, others for long term investors and others are great for beginners. To save your time, we decided to evaluate our brokers database and choose what we thought to be the best value proposition in each one of them so you’re able to select what suits your needs.

A very important point to note is that all the brokers considered for this ranking are regulated and licensed by the FCA (the UK’s financial regulator). Which means that regardless of any of them being global brands, they hold an active and valid license in the UK.

Each one of them was carefully analysed using our proprietary methodology.

1. eToro -  Best for social and copy trading

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74% of retail CFD accounts lose money.

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

eToro saw a huge gap in the financial markets and decided to bet on it. There were a lot of newbies looking to get started on trading / investing yet they lacked the time and dedication to learn the craft. That’s when eToro decided to build a multilingual platform with social and copy trading capabilities. Basically a fusion of facebook and a trading platform where traders and followers can interact in several languages and profit from a joint venture.

In conclusion:

• If you are interested in investing / trading yet you lack the time, dedication or skills to do it yourself, eToro is definitely a great option for you.
• If you are a professional trader looking to monetise your skills with an extra income (besides from trading) then eToro will allow you to put your abilities to use by gaining a following from which you’ll receive a nice benefit.

2. Capital.com - Beginner friendly web and mobile platforms (no commissions)

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83.45% of retail CFD accounts lose money.

Capital.com is a global broker founded in 2016 that specialises in CFDs trading with an offering of more than 4,000 different assets along with several trading platforms (TradingView, MT4, MT5 and their own).

Capital.com provides one of the most simple and friendliest to use professional trading platforms out there. The clear separation between them and most of their competitors lies in the fact that they still added some of the professional tools required by experts yet they packed them on a simple interface along with 3,800+ stock CFDs and 1,000+ real stocks for both traders or investors to choose from.

Capital.com definitely serves as a great overall choice for stock investors & traders that also look to explore different asset classes at the same time while using a single brokerage account. Pretty much everything they provide is extremely competitive when compared to similar brokers.

3. Trading 212 - Best mobile app with largest stock variety (no commissions)

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Majority of retail CFD accounts lose money.

Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.

Trading 212’s main advantages are definitely providing over 10,000 different real stocks for customers to invest in fractionally, which means that you can purchase even as little as 1£ worth of any share using their extremely simple and friendly platform.

Trading 212 is a great choice for investors and traders looking for a great stock variety along with a simple platform, fractional share trading and a low minimum deposit. If you’re looking to handle your own investments and to do so using a simple platform with a comprehensive asset offering, Trading 212 is definitely a great choice. 

4. CMC Markets - Best web trading platform for professionals

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78% of retail CFD accounts lose money.

CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.

CMC Markets crafted unique platforms for both mobile and web packed with professional features for experienced traders. Whether it is connecting to an exchange in China to get the stocks data feed that you need or creating custom workspaces, they’ve got you covered.

CMC Markets is a great choice for high volume stock traders which will offset the cost of their commissions by trading in large quantities with true market spreads, but when it comes to the average person they can definitely be a very expensive choice.

5. Saxo Bank - Largest asset offering with strongest regulatory framework

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69% of retail CFD accounts lose money.

Saxo Bank is a Danish investment bank operating since 1992. It is one of the most regulated brokerages in the world with an exceptional selection of financial instruments.

Saxo Bank is definitely the choice for high net worth traders looking for extreme reliability when it comes to a regulatory framework as they coin on 7 top tier financial licenses to back them align with 50,000+ financial instruments from all over the world.

If you’re a high net worth investor and you’re looking for the most reliable choice when it comes to protecting your funds then Saxo Bank is definitely a great choice to consider as you won’t fall short on stock choices to invest in.