Cheapest online broker UK provides individual traders with an easy-to-use trading platform, access to market data and resources, and lower fees compared to traditional brokerage firms. With a number of online stock brokers available, it’s important to compare them against one another on key factors such as fees, investment options, trading tools and mobile apps.

Spreadex is a popular choice for those looking to trade equities without paying commission, with competitive spreads starting from 0.6 pips. Its intuitive and customisable TradingView platform is ideal for spread betting enthusiasts, while its comprehensive range of educational content helps to improve technical knowledge and support decision making.

Top UK Options Trading Platforms for Savvy Investors

Investors looking to gain exposure to the wider market can take advantage of Exchange-Traded Funds (ETFs), which track a number of different market segments. Many discount brokers also offer ETFs on their platforms, allowing traders to diversify their portfolio and hedge existing positions with ease.

AJ Bell is an established and well-regarded broker, offering low annual fees and a wide range of investment choices, including US stocks. Its user-friendly investment platform is complemented by an extensive research library and excellent customer service. In contrast, Interactive Brokers offers deep liquidity across 150 markets worldwide and is a top choice for advanced traders. Its transparent business model and high levels of transparency make it a standout option among the cheapest online stock brokers.