A well-chosen online stockbroker can save you money, and even a tiny difference in trading fees will have a big impact on your overall investment returns. Online brokers cater to do-it-yourself investors and are generally cheaper than full-service brokers that offer advice, research and portfolio management services.More info :theinvestorscentre.co.uk
To find the best online broker for you, consider your priorities and investment strategy. Some brokers charge flat trade fees, others use percentage-based charges – or a combination of both – and some have additional costs such as market data, company information and analyst research. Other considerations include platform usability, investment selection and the range of accounts available, such as ISAs, SIPPs, joint accounts or margin trading.
Best Low-Cost Online Brokers for UK Traders – 2025 Picks
Many of the brokers we review offer a range of trading accounts, including ISAs and Self-Invested Personal Pensions (SIPPs). Some offer free shares to those who meet certain criteria. ii, for example, has been around for three decades and offers a comprehensive service that includes a Stocks & Shares ISA and trading account as well as expert-managed funds.
Our comparison tables simplify the charges of UK-listed stockbrokers into an annual cost, including VAT. Dealing fees, custody fees and stock transfer fees are VAT-exempt, but other charges, such as admin fees, may be subject to VAT. You can see the breakdown of charges by placing your mouse pointer over the table entries.
Most UK-based stockbrokers only accept clients who are resident in the UK. However, some, such as TD Direct Investing and Saxo Bank (parent company of Saxo Capital Markets), have international divisions that can offer lower fees to residents of other EEA countries.