Stock trading apps provide real-time market data and investment tools that can be used by both new and experienced investors. best stocks and shares app uk even offer a free demo account that lets you try the service before investing your money. Some of the best UK stock trading apps also offer accounts that fit your investment style, from a basic option for casual traders to specialized options for retirement savings.

What Are Shares?

A share is part of the ownership of a company, and each share represents a portion of a company’s total value (also known as its ‘market capitalisation’). These shares are traded on a number of stock exchanges around the world. Depending on the company, its performance and how many people are buying and selling shares, these values can go up or down.

Most stock trading apps will charge you a commission fee when you buy and sell shares. Some also charge a currency conversion fee, such as 0.15% with Trading 2121. However, some UK trading apps don’t charge any fees at all, including Plus500 which has no commissions on any of its supported stock markets.

While there are plenty of benefits to using a UK stock trading app, you must be aware of the risks involved in this type of investment. Between 68% and 86% of retail CFD accounts lose money, so you should always trade with caution and only invest money that you can afford to lose.