An investment platform is a broker that buys and sells investments for you, including ETFs. They’ll hold the investments for you (hopefully, they’ll grow in value) and take care of things like putting them on the stock exchange, which is where investors trade them. They’ll also often let you sort and search over 3,000 ETFs by key traits, such as Morningstar rating or investing strategy. Some platforms offer prebuilt ETF portfolios, too.Find out :theinvestorscentre.co.uk
A good investment platform should be regulated by the Financial Conduct Authority (FCA). You can find this information on the platform’s website, and it’ll usually include details of any fees you might pay, such as trading costs or account maintenance fees. You’ll also want to consider whether the platform is a good choice if you’re new to investing, or prefer to let an expert manage your money for you.
Why These Are the Best ETF Platforms for UK Investors
One of the most popular investment platforms in the UK is IG. It offers commission-free ETF trades, low fees on UK shares, and excellent trading tools and charts. It also lets you buy UK shares through a Stocks and Shares ISA or Self-Invested Personal Pension (SIPP) wrapper, as well as providing extensive educational resources and market analysis.
Another option is XTB, which is a leading European ETF trading platform that’s accessible across desktop, mobile, and tablet. It’s known for its easy-to-use platform, low minimum deposit of just PS10, and high leverage margin trading (which allows you to trade with borrowed money). You can invest in a wide range of assets from around the world, including UK and overseas shares and ETFs, bonds, mutual funds, and more.