Best Commission Free Brokers in the UK
Discover 4 deals available this month.
1.Trading 212
Trading 212 offers zero commission trading on all stocks and ETFs for UK residents, with no platform or custody fees and a 0.15% foreign exchange fee. It provides a straightforward, cost-effective way to invest without hidden charges.
View Deal →Trading 212 stands out for UK investors seeking truly commission-free trading combined with no platform fees and a low FX charge, making it a clear choice for cost-conscious traders.
Pros:
- No commission fees on stocks and ETFs
- No platform or custody fees
- Low 0.15% foreign exchange fee
Cons:
- FX fee applies, which may impact frequent currency conversion
- Limited to UK residents
- No mention of tax-advantaged accounts like ISAs in the research
2.eToro
eToro offers zero commission stock trading for UK residents with no platform fees and includes social copy trading features. The platform is user-friendly and suitable for investors interested in following others’ trades.
View Deal →Social trading enthusiasts and beginners alike will find eToro appealing due to its commission-free equities and intuitive interface. It combines cost savings with interactive features to enhance the trading experience.
Pros:
- Zero commission on stock trades for UK users
- No platform fees
- Social copy trading feature allows copying experienced investors
- User-friendly platform design
Cons:
- No details on FX fees included
- Limited information on ETF offerings compared to competitors
- Potentially fewer advanced trading tools for experienced traders
3.InvestEngine
InvestEngine offers commission-free ETF investing for UK users with no platform fees and access to a broad selection of global ETFs. It provides a cost-effective way to diversify investments internationally.
View Deal →InvestEngine stands out by focusing on commission-free ETF investing with zero platform fees, making it a solid choice for UK investors seeking global diversification without extra costs.
Pros:
- No commission fees on ETF trades
- No platform or custody fees
- Access to a wide range of global ETFs
Cons:
- Limited to ETF investing only
- No mention of stock trading options
- No additional features like social or copy trading
4.Lightyear
Lightyear offers commission-free stock and ETF trading for UK investors with a simple mobile app and no account management fees.
View Deal →Lightyear stands out by combining zero commissions with an easy-to-use mobile platform, making it a solid choice for cost-conscious UK investors.
Pros:
- Commission-free trading on stocks and ETFs
- No account management fees
- User-friendly mobile app
Cons:
- No information on tax-free ISA accounts
- Limited to UK investors
- Lacks advanced trading features mentioned for some competitors
Did you know?
A platform bonus rarely outweighs years of high trading fees. Run the math on your expected trade frequency first.
Final Words
To make the most of commission-free trading in the UK this July, take time to compare the features and fee structures of top brokers like Trading 212, XTB, and eToro. You can explore current offers to find the platform that best aligns with your investment goals and trading style.
Frequently Asked Questions
Trading 212 offers zero commission on all stocks and ETFs for UK residents, with no platform or custody fees. It also features a low 0.15% foreign exchange fee, making it a cost-effective choice for many investors.
While Trading 212 charges no commission or platform fees, there is a 0.15% fee on foreign exchange transactions. There are no custody or account management fees for UK residents.
Yes, Trading 212 allows UK investors to trade both stocks and ETFs with zero commission. This applies across their platform without any hidden platform or custody fees.
XTB offers commission-free trading on stocks and ETFs up to €100,000 monthly turnover and also provides commission-free ISAs for UK investors, making it a good option if you want tax-efficient investing.
Many commission-free brokers generate revenue through other means such as foreign exchange fees, premium account features, or payment for order flow. For example, Trading 212 charges a 0.15% FX fee on currency conversions.
Consider factors like available investment options, platform ease of use, any foreign exchange or account fees, and whether you need features like tax-free ISAs. Comparing these aspects helps find the broker that best fits your investing goals.
