Best Commission Free Brokers in the UK
Discover 4 deals available this month.
1.Trading 212
Trading 212 offers zero commission on stocks and ETFs for UK investors with no platform fee on general investment accounts. The ISA account may have a monthly fee, but trades remain commission-free.
View Deal →A standout choice for UK investors seeking true zero-commission trading on stocks and ETFs, though ISA users should watch for monthly fees. Trading 212 balances cost-effectiveness with straightforward pricing.
Pros:
- No commission fees on stocks and ETFs
- No platform fee on the general investment account
- Commission-free trades even within the ISA account
Cons:
- Monthly fee may apply on ISA accounts
- Limited advanced research and charting tools compared to some competitors
- Potential additional costs like currency conversion fees not included
2.eToro
eToro offers commission-free stock investing for UK users and is regulated by the FCA. While trading stocks incurs no commission, other fees such as currency conversion may apply.
View Deal →eToro stands out as a widely recognized FCA-regulated platform providing zero-commission stock trading in the UK, appealing to investors seeking cost-effective access to shares.
Pros:
- Commission-free stock trading for UK investors
- Regulated by the FCA, ensuring compliance and security
- Access to a broad range of stocks without fees on trades
Cons:
- Potential hidden costs like currency conversion fees
- Limited details on charges beyond commission
- May not offer the most advanced research or charting tools
3.InvestEngine
InvestEngine offers zero-commission ETF investing in the UK, making it a low-cost option for passive investors focused on ETFs. There are no platform fees for ETF trades.
View Deal →InvestEngine stands out for investors looking to build a low-cost, passive ETF portfolio without paying commissions. Its focus on ETFs makes it a straightforward choice for those prioritizing simplicity and cost efficiency.
Pros:
- Zero commission on ETF trades
- Low-cost platform ideal for passive investing
- No platform fees on ETF transactions
Cons:
- Limited to ETF investing, so less suitable for active stock traders
- No advanced trading or research tools mentioned
- May not offer ISA or other account wrappers compared to competitors
4.Freetrade
Freetrade offers commission-free basic trades in the UK with optional paid plans that unlock additional features. It provides a straightforward, low-fee option for investors.
View Deal →Freetrade stands out as a simple, cost-effective choice for UK investors who want to trade without commission fees but may want to pay for enhanced features later.
Pros:
- Commission-free basic trades for UK investors
- Optional paid plans offer extra features
- Low overall fees for straightforward investing
Cons:
- Limited research and charting tools compared to competitors
- Additional features require paid subscription
- May not suit active or professional traders needing advanced tools
Final Words
To get the most from your investments, take time to compare these leading commission-free brokers and review their current offers to find the best fit for your trading style and goals this August. Staying informed ensures you maximize value while minimizing costs in the UK market.
Frequently Asked Questions
Trading 212 offers zero commission on stocks and ETFs for UK investors with no platform fee on general investment accounts. Although the ISA account may have a monthly fee, all trades remain commission-free, making it a cost-effective choice.
Yes, Trading 212 may charge a monthly fee on ISA accounts, but importantly, trades within the ISA remain commission-free. This allows investors to benefit from tax advantages without paying commissions on trades.
No, Trading 212 does not charge any platform fees on general investment accounts, which means you can trade stocks and ETFs commission-free without additional account maintenance costs.
Other popular commission-free brokers in the UK include XTB, which offers commission-free trading up to a monthly turnover cap of €100,000, eToro with zero commission stock investing, InvestEngine for ETF investing, and Freetrade offering basic commission-free trades.
While these brokers offer zero commission on stocks and ETFs, some platforms may still charge fees such as currency conversion or foreign exchange fees. It's important to review all potential costs beyond commissions before choosing a broker.
Consider your preferred asset classes like UK shares, US stocks, or ETFs and whether you need an ISA wrapper. Comparing commission structures, trading limits, and account fees will help you find the best platform for your investing needs.
