How to Choose the Best Invest App UK

The best investment app in the UK has become much more accessible in recent years thanks to investment apps. You can now invest with just a smartphone and a small amount of money – and it can be done all online. The challenge is navigating the plethora of options available and finding an investment app that suits your needs. That’s why we’ve put together this article – to help you find the best invest app uk for your needs.

Before choosing an investment app it’s important to consider your own financial goals and investment strategy. You should also take into account your risk tolerance and what kind of returns you are after. It’s also worth thinking about how easy the platform is to use. Ideally, you want an investment app that’s regulated by the FCA, and offers the Financial Services Compensation Scheme (FSCS) protection.

Start Investing Today: Exploring the Best Investment Apps for Beginners in the UK

When it comes to choosing an invest app you should consider what assets the platform supports and what fees are involved. For example, Trading 212 offers commission-free trading on more than 12,000 global stocks. However, if you are trading outside of the UK, there will be foreign exchange fees.

Other popular investment apps include Plum and Moneyfarm. Plum uses artificial intelligence to analyse your spending and determine how much you can afford to invest each month. It then automatically deducts this from your bank account and invests it for you. It charges no fees for its DIY portfolio and just 0.25% per year for its managed portfolio.