The best share dealing accounts in the UK make it easy to buy and sell shares, ETFs, and funds within a secure, FCA-regulated environment.
Leading platforms combine low dealing fees, user-friendly mobile apps, and FSCS protection of up to £85,000 for eligible deposits.
These accounts let you invest in both UK-listed and international companies, manage tax-efficient ISAs, and monitor your portfolio in real time.
Choosing a trusted, FCA-regulated broker ensures transparent pricing, clear reporting, and strong investor safeguards.
Quick answer: Best share dealing accounts in the UK?
In short, the best share dealing accounts in the UK are eToro, XTB, and IG. Each platform is FCA-regulated and offers secure access to UK and global markets. eToro is best known for its social investing tools and broad range of stocks and ETFs. XTB stands out for its advanced trading platform, competitive spreads, and strong educational content. IG appeals to experienced investors seeking professional-grade tools and comprehensive market coverage.
Top accounts for share dealing ranked
Here’s a quick overview of the best share dealing accounts in the UK, based on expert testing and platform analysis:
Your capital is at risk.
- eToro – Best for beginners
- XTB – Best for low-cost share and ETF trading
- IG – Best for experienced investors
- Plus500 – One of the best for CFD share trading
- InvestEngine – Best for ETFs
Best share dealing platform UK compared
This table compares six essential factors to help you choose the right share dealing account.
| Rank | Accounts | No. of stocks | No. of stock markets | Real stock fees | Non-trading fees | Minimum deposit | Trading platforms |
|---|---|---|---|---|---|---|---|
| 1 | eToro | 3,000+ | 17 | £0 | $5 withdrawal fee, inactivity fee, currency conversion fee | $50 | Proprietary web trading platform and mobile app |
| 2 | XTB | 5,600+ | 17 | 0% commission up to £85,000 monthly volume; 0.2% thereafter (min. €10) | £9/month inactivity fee after 12 months of inactivity | £0 | Proprietary xStation platform (web and mobile) |
| 3 | IG | 12,000+ | 12+ | £8 per UK/EU trade (£3 for active traders), free US trades | £12/month inactivity fee after 2 years of no activity | £250 | Proprietary platform, MetaTrader 4 (MT4), ProRealTime, mobile app |
| 4 | Plus500 | 2,000+ | 20+ | 0% | $10 inactivity fee after 3 months | £100 | Proprietary web trading platform, mobile app |
| 5 | InvestEngine | 600+ ETFs | n/a | £0 | £0 | £100 | Proprietary web and mobile platform |
Share dealing account reviews
Recent data shows that around 42% of UK adults now invest or trade, up from 36% in 20211. This steady rise highlights the importance of choosing the right share dealing account, especially for beginners.
Based on four years of experience in the UK retail investment sector and hands-on testing with leading platforms, this guide ranks the best share dealing accounts in the UK using six key criteria:
- Number of available stocks
- Market access
- Trading and non-trading fees
- Minimum deposit
- Platform usability
- Research and education tools
Every account featured is FCA-regulated, ensuring investor protection, transparent pricing, and secure access to UK and global markets.
You can read about how we test platforms here.
This article was reviewed by Tobi Opeyemi Amure, a trading expert and writer at Investopedia, Investing.com, and Trading.biz.
1. eToro – Best for beginners
Why is eToro the best share dealing account in the UK?
eToro is the top pick for beginners thanks to its commission-free stock trading, FCA regulation, and social trading tools. The platform allows users to learn from experienced investors through its CopyTrader feature, combining education with real market exposure.
How much does eToro charge in fees?
eToro offers zero commission on real stock and ETF trades. However, there’s a $5 withdrawal fee, a $10 inactivity fee, and currency conversion costs for non-USD accounts. Minimum deposit: $50
What account types does eToro offer?
eToro provides a free Demo Account for practice and a General Investment Account for live trading. Both are simple to set up and accessible through mobile or desktop. The platform does not currently offer ISA or SIPP tax wrappers.
What can you trade on eToro?
You can access stocks, ETFs, forex, crypto, commodities, and CFDs, along with 40+ Smart Portfolios designed for instant diversification.
What are eToro’s main pros and cons?
Pros:
- Commission-free stock and ETF trading
- Intuitive interface and quick setup
- Access to social and copy trading features
Cons:
- No ISA or SIPP options
- $5 withdrawal and currency conversion fees
- Customer support can be improved
eToro now serves over 30 million users globally and holds an ‘Excellent’ Trustpilot rating.
Read our eToro review.
{etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Other fees apply. Your capital is at risk. For more information, click here.
2. XTB – Best for low-cost share and ETF trading
Why is XTB one of the best share dealing accounts in the UK?
XTB ranks second due to its low-cost structure, feature-rich platform, and strong balance between beginner accessibility and professional-grade tools. It’s FCA-regulated and well suited to investors who want transparent pricing and reliable market access.
How much does XTB charge in fees?
XTB offers commission-free trading on real shares and ETFs up to £100,000 per month (nominal value). After that, low commissions apply. There are no hidden fees, though currency conversion and overnight holding costs may apply for leveraged positions.
What assets can you trade on XTB?
XTB supports both real share dealing and CFD trading, covering stocks, ETFs, forex, commodities, and indices. This flexibility appeals to both long-term investors and short-term traders.
What makes XTB’s platform stand out?
Its proprietary platform, xStation 5, offers advanced charting, risk management tools, and real-time market sentiment indicators. The layout is fully customisable, and both the desktop and mobile apps deliver smooth, intuitive navigation.
What educational resources does XTB provide?
XTB is known for its strong educational offering, including video tutorials, live webinars, and daily market analysis. The broker’s emphasis on transparency and investor education makes it a standout choice for those looking to build trading knowledge.
What are XTB’s main pros and cons?
Pros:
- Commission-free share and ETF trading (up to monthly limit)
- Powerful and user-friendly xStation 5 platform
- Comprehensive education and research materials
Cons:
- Limited product range compared to larger brokers
- Currency conversion fees on non-GBP trades
73% of retail investor accounts lose money when trading CFDs with this provider.
3. IG – Best for experienced investors
Why is IG one of the best share dealing accounts in the UK?
IG is a leading choice for experienced investors who want comprehensive market access and advanced trading tools. As an FCA-regulated broker with over 12,000 shares available globally, IG provides flexibility and depth across UK, US, and European exchanges.
What shares and fees does IG offer?
IG offers over 12,000 global shares with competitive pricing. UK and European shares cost £8 per trade, reduced to £3 per trade for active traders (three or more trades per month). US shares can be traded commission-free.
Minimum deposit: £250 Inactivity fee: £12 per month after two years of no trading.
What platforms and tools does IG provide?
IG’s suite of platforms includes its proprietary web platform, MetaTrader 4 (MT4), and ProRealTime, all offering advanced charting, automated trading options, and technical analysis tools. The platform is accessible via web, mobile, and desktop, catering to both active traders and long-term investors.
Does IG offer tax-efficient investment accounts?
Yes, IG offers both a Stocks and Shares ISA and a SIPP (Self-Invested Personal Pension), helping investors grow their portfolios without paying capital gains or income tax on profits.
What learning tools are available on IG?
IG provides an extensive demo account, along with educational webinars, market insights, and trading tutorials, making it suitable for users who want to refine their trading strategies.
What are IG’s main pros and cons?
Pros:
- Access to 12,000+ global shares
- Reduced commissions for active traders
- Advanced trading platforms with charting and automation
- Offers ISA and SIPP accounts
Cons:
- Platform complexity may challenge beginners
- £12 inactivity fee after two years
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
4. Plus500 – One of the best for CFD share trading
Why is Plus500 one of the best share dealing accounts in the UK?
Plus500 ranks fourth on the list, standing out as a leading platform for CFD share trading. It is FCA-regulated, user-friendly, and designed for traders who want to speculate on global markets without owning the underlying shares.
What can you trade on Plus500?
Plus500 allows users to trade Contracts for Difference (CFDs) across a wide range of shares, indices, ETFs, forex, commodities, options, and cryptocurrencies. CFD trading enables you to go long or short on price movements, offering flexibility for both bullish and bearish markets.
How does Plus500’s fee structure work?
The platform operates on a zero-commission model, relying on tight spreads rather than trade fees. Other costs include overnight funding, currency conversion charges, and a £10 inactivity fee after three months of no login activity. Minimum deposit: £100
What features make Plus500 stand out?
Plus500 offers an intuitive web and mobile platform with real-time data, advanced charting, and risk management tools like stop-loss and take-profit orders. The platform also includes negative balance protection, ensuring you cannot lose more than your deposited funds.
Is Plus500 safe and regulated?
Yes, Plus500 is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, providing a secure and transparent trading environment for UK traders.
What are Plus500’s main pros and cons?
Pros:
- Intuitive and easy-to-use trading interface
- Zero commission with competitive spreads
- Access to thousands of global share CFDs
- Risk controls like negative balance protection
Cons:
- You don’t own the underlying shares
- CFD trading carries high risk due to leverage
Read our Plus500 review.
5. InvestEngine – Best for ETFs
Why is InvestEngine one of the best share dealing accounts in the UK?
InvestEngine ranks among the top UK platforms thanks to its ETF-only focus, transparent pricing, and FCA regulation. It’s ideal for investors who prefer low-cost, diversified portfolios rather than individual stock picking.
How much does InvestEngine charge in fees?
InvestEngine is one of the lowest-cost brokers in the UK.
- Self-directed portfolios: 0% account fees and no dealing charges.
- Managed portfolios: 0.25% annual management fee.
There are no withdrawal or inactivity fees, and you can start investing from £100.
What can you invest in with InvestEngine?
The platform offers access to 500+ Exchange Traded Funds (ETFs) from leading providers, covering global equities, bonds, and thematic sectors. You can also use fractional investing, allowing you to buy ETF portions from just £1 for easy diversification.
What account types does InvestEngine offer?
InvestEngine supports:
- Stocks and Shares ISA
- Personal Account
- Business Account
These options make it suitable for both individual and company investors seeking efficient portfolio management.
Who is InvestEngine best for?
It suits both beginners and experienced investors. Beginners can choose managed portfolios, where experts handle daily rebalancing based on risk profile. Advanced investors can select and build their own ETF portfolios for complete control.
What are InvestEngine’s main pros and cons?
Pros:
- 0% fees for self-directed investing
- 0.25% annual fee for managed portfolios
- Access to 500+ ETFs with fractional investing
- User-friendly app and strong customer support
- Suitable for individuals and limited companies
Cons:
- ETF-only platform (no individual stocks or CFDs)
- No pension (SIPP) option
- Limited extra features compared to full-service brokers
Read our InvestEngine review.
What is a share dealing account?
A share dealing account is an online account that allows you to buy, sell, and hold shares, ETFs, and investment funds through an FCA-regulated broker. It acts as your gateway to the stock market, letting you invest in UK-listed and international companies.
You can choose between two main types:
- Execution-only accounts, where you make your own trading decisions.
- Managed accounts, where the broker or robo-advisor invests on your behalf.
Funds in a share dealing account are typically held in cash and securities, and you can withdraw or reinvest profits at any time. Many brokers also offer tax-efficient options such as a Stocks and Shares ISA for UK investors, protecting gains from income and capital gains tax.
In short, a share dealing account gives you direct access to the markets, flexible investment control, and the ability to build a long-term portfolio within a secure, regulated environment.
How to open a share dealing account
Opening a share dealing account in the UK is quick and can usually be done online in under 10 minutes.
Follow these steps to get started:
1. Choose an FCA-regulated broker
Select a trusted, FCA-regulated platform that matches your needs, for example, low-fee investing, beginner-friendly tools, or advanced trading features. Regulation ensures your funds are protected under the Financial Services Compensation Scheme (FSCS) up to £85,000.
2. Complete the registration form
Provide basic details such as your name, address, date of birth, and National Insurance number. You must be 18 or older and a UK resident to open an account.
3. Verify your identity (KYC)
Upload photo ID (passport or driving licence) and proof of address to satisfy Know Your Customer (KYC) requirements. Most brokers approve accounts within minutes.
4. Fund your account
Deposit money via bank transfer, debit card, or e-wallet. Minimum deposits vary by platform, typically between £0 and £250.
5. Start investing
Once verified, you can buy and sell shares, ETFs, or funds through the broker’s web or mobile platform. Many brokers also offer demo accounts so you can practise before trading with real money.
Tip: Consider opening a Stocks and Shares ISA if you want to invest tax-efficiently, as profits and dividends are shielded from UK income and capital gains tax.
What type of accounts are Aavailable?
UK brokers provide several types of share dealing accounts tailored to investor goals, risk tolerance, and tax strategy.
| Account Type | Description | Tax Treatment | Best For |
|---|---|---|---|
| General Investment Account (GIA) | Standard share dealing account with no annual tax shield. | Capital Gains Tax (CGT) and Dividend Tax apply above annual allowances. | Short-term traders and casual investors. |
| Stocks & Shares ISA | Tax-advantaged wrapper allowing investment up to £20,000 per tax year (2025 limit). | No CGT or Dividend Tax on returns. | Long-term investors seeking tax-free growth. |
| Self-Invested Personal Pension (SIPP) | Retirement account enabling investment in shares and funds with tax relief on contributions. | Contributions qualify for income-tax relief; withdrawals taxed at retirement. | Investors building pension wealth. |
| Junior ISA (JISA) | Tax-free share dealing for minors under 18. | No CGT or Dividend Tax. | Parents investing for children. |
| Corporate or Trust Account | Managed under company or trust ownership with different reporting standards. | Subject to corporate or trust tax rules. | Businesses and estate managers. |
Choosing the right structure at the start ensures alignment between investment horizon, taxation, and accessibility of funds.
What fees are charged?
Most share dealing accounts in the UK charge a mix of trading, account, and non-trading fees, depending on how you invest.
Understanding these costs is essential to protect your returns and compare brokers accurately.
1. Trading commissions
Many platforms now offer commission-free share trading, but some still charge a flat fee per trade, typically £3 to £10 for UK and European shares. US shares are often free or lower cost.
2. Account management fees
Some brokers apply an annual platform or custody fee to cover account maintenance, usually 0.15% to 0.45% of your portfolio value. Low-cost brokers like Trading 212 or InvestEngine charge no account fees for self-directed investors.
3. Non-trading fees
Additional fees can include:
- Withdrawal fees (e.g. $5 on eToro)
- Inactivity fees if you stop trading for several months
- Currency conversion fees (0.5%–1.0%) for non-GBP assets
- Overnight funding costs on leveraged CFD positions
4. Fund and ETF costs
When investing in funds or ETFs, you’ll also pay a management fee (known as an ongoing charge), typically between 0.10% and 0.75% per year.
Before opening an account, always review a broker’s fee schedule and ensure it suits your trading frequency and investment goals.
Factors to consider when choosing a share dealing account
Selecting the right share dealing account depends on your experience level, investment goals, and how often you plan to trade.
The best choice balances low fees, FCA regulation, and user-friendly tools suited to your strategy.
1. Regulation and protection
Always choose an FCA-regulated broker to ensure your funds are held securely and covered by the Financial Services Compensation Scheme (FSCS) up to £85,000.
2. Fees and costs
Compare commission rates, account fees, and currency conversion charges. Low-cost platforms suit frequent traders, while full-service brokers may justify higher fees with better research and support.
3. Investment range
Check which markets and instruments are available, such as UK and US shares, ETFs, funds, and CFDs. A wider range offers better diversification and access to global opportunities.
4. Platform usability
Look for a simple, reliable interface across web and mobile. Test features like order execution speed, watchlists, and charting tools to ensure they fit your trading style.
5. Research and education
Beginner investors benefit from platforms offering market analysis, news updates, and educational content like webinars or tutorials.
6. Account types
Consider whether the broker offers tax-efficient options such as a Stocks and Shares ISA or SIPP, alongside a general investment account.
7. Customer support
Responsive UK-based support and clear communication channels (live chat, email, phone) make a big difference, especially when managing real money.
Final thoughts
Choosing the best share dealing account in the UK depends on your goals, experience, and preferred investing style. Beginners may prioritise ease of use and education, while active traders look for low fees and advanced tools.
All platforms reviewed here are FCA-regulated, offering secure access to UK and global markets with FSCS protection up to £85,000.
Whether you prefer commission-free apps like Trading 212 and InvestEngine or full-service brokers like IG and eToro, the key is to compare fees, account types, and available assets before investing.
Start with a demo account if you’re new to investing, and only move to live trading once you’re confident with the platform.
FAQs
What are share dealing fees?
Share dealing fees refer to the charges imposed by a share dealing platform or broker for buying or selling shares. These fees can vary among providers and may include commission fees, account maintenance fees, custody fees, and transaction fees. Commission fees are typically charged as a percentage of the transaction value or as a fixed fee per trade.
How do I open a share dealing account in the UK?
To open a share dealing account in the UK, start by researching and selecting a broker that aligns with your investment goals, such as eToro, interactive investor, or Hargreaves Lansdown. Once you’ve chosen a broker, you’ll typically need to fill out an online application form providing personal information and financial details. After your application is approved, you’ll need to fund your account through methods like bank transfer, credit/debit card, or e-wallets. With your account funded, you can then start buying and selling shares.
What is a share dealing ISA?
A share dealing ISA is a Stocks & Shares ISA used to buy shares and funds while shielding returns from tax. You can invest up to £20,000 per year (2025 allowance) with no Capital Gains or Dividend Tax.
How to transfer a share dealing account?
Request a stock transfer from your new provider. Provide account details, sign the transfer form, and allow 2–4 weeks for holdings to move. Transfers can be “in-specie” (assets remain invested) or “cash” (assets sold before transfer).
What is a tax-advantaged share dealing account?
A tax-advantaged account, such as a Stocks & Shares ISA or SIPP, offers tax relief or exemptions on profits and dividends, reducing the long-term cost of investing.
When do you pay taxes on a share dealing account?
You pay Capital Gains Tax and Dividend Tax only when profits exceed annual allowances (£3,000 CGT and £500 dividend for 2025). Tax-free wrappers like ISAs avoid this liability entirely.
How old do you have to be to open a share dealing account?
Minimum age is 18 for individual accounts. Parents can open Junior ISAs for children under 18.
What does “off book” mean in share dealing?
“Off-book” trades occur outside a public exchange, typically negotiated directly between institutions or brokers, rather than via the open market.
How many share dealing accounts should I have?
You can hold multiple accounts, but spreading assets across too many platforms complicates tax reporting. Most investors use one main account and, if needed, one ISA or SIPP.
How to record share dealing in a set of accounts?
Maintain a record of all buy and sell orders, including trade dates, prices, and associated fees. Use broker statements or tax-software exports to calculate capital gains and dividends for annual self-assessment.
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