How to Choose the Best ETF Platform UK
Best ETF platform UK
There are a number of top-tier trading best ETF platform UK that offer access to an extensive portfolio of exchange traded funds (ETFs). These companies combine market analytics, robust security features, and user-friendly interfaces to provide UK investors with the tools they need to build a well-diversified investment portfolio. Additionally, many of these providers are regulated by the Financial Conduct Authority (FCA), meaning that your investments and money are protected up to PS85,000 should the provider go bust.
When choosing an ETF platform, it is important to look for the following factors:
Best ETF Platforms in the UK for 2024
Choosing an ETF broker that charges a low fee on every transaction can help you keep your costs low when trading. When shopping for a platform, be sure to investigate the brokerage’s website to see what fees are associated with trading on that site. A good place to start is looking at the platform’s ETF expense ratio (the annual fee charged by the fund itself) to ensure that it does not have a high mark-up on the cost of each trade.
Other fees to consider include any recurring payments (such as monthly subscriptions) and withdrawal fees. It is also worth considering whether the brokerage offers instant payment methods such as a debit or credit card.
InvestEngine is a great option for those wanting to build their own ETF portfolio through an online platform. It charges zero platform fees on the DIY Portfolio service and has over 610 ETFs to choose from. The platform also supports ISA accounts, meaning that your investments can be protected up to PS25,000 per year by HMRC.