Investing Apps – Get Started With Investing and Save Money

Mark Alliegro  > BLOG >  Investing Apps – Get Started With Investing and Save Money

investing apps uk

Investing apps uk make it easier to get started with investing and save money. These regulated apps offer a range of investment opportunities, including stocks and shares, funds, ETFs, currencies and cryptos. They also provide tools and charts for analysing trends, and support a range of orders. Most are aimed at beginner traders and are simple to use, while others provide more sophisticated features for expert investors.

Some apps, such as Plum and eToro, specialise in helping beginners take their first steps into investing. Plum, for example, lets you start investing from as little as PS1 a month. Its ready-made portfolios are divided into categories, such as technology or emerging markets, and you can tailor them to your risk appetite. Its charges include a PS1 a month subscription, an annual platform fee of 0.2%, and fees from the fund providers of between 0.07% and 0.75%.

Top CFD Trading Platforms for UK Investors”

Other apps, such as Freetrade and Hargreaves Lansdown, are aimed at experienced traders and provide more complex features for advanced trading. They allow you to trade a wide range of investments, including UK and international shares and bonds. They also offer a range of trading and depositing options, including commission-free trades. Many of them offer access to ETFs and other low-cost investments, including fractional shares, which are a great option for beginner investors as they can buy just one-fifth of an Apple share, for instance.

Investing apps are a convenient way to invest and save money, but it’s important to remember that your capital is at risk and the value of your investments can go up or down. If you are unsure whether investing is right for you, we recommend seeking independent financial advice.

Leave a Reply

Your email address will not be published. Required fields are marked *