Intro and winners
Find below the strengths of the best ETF brokers available in the United Kingdom, updated for 2024:
- Interactive Brokers - the best ETF broker in the United Kingdom in 2024. Extremely low fees. Wide range of products. Many great research tools.
- Saxo - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
- TradeStation Global - Low stock and ETF fees. Wide range of products. Easy-to-use web trading platform.
- Webull - Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
- MEXEM - Low stock and ETF fees. Wide range of products. Many great research tools.
- Trading 212 - Real stocks and ETFs are commission-free (other fees may apply). Quick and easy account opening. Great trading platforms. Pays interest on uninvested cash in an investment account.
- Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
- XTB - Commission-free stocks and ETFs (for trades up to €100k per month). Free and fast deposit and withdrawal. Easy and fast account opening. High interest paid on cash.
- Lightyear - Commission-free ETF and low commission on stock trades. High interest on uninvested cash. Quick account opening. Easy-to-use mobile trading platform.
- Fineco Bank - Low non-trading fees. Great mobile trading platform. Rock-solid background.
Overview of the best ETF brokers
While many ETF brokerages offer an excellent service, the ones in our toplist go the extra mile.
| Broker | ETFs (#) | Stock markets (#) |
|---|---|---|
| Interactive Brokers | 13,000 | 90 |
| Saxo | 7,000 | 50 |
| TradeStation Global | 13,000 | 90 |
| Webull | 3,300 | 5 |
| MEXEM | 13,000 | 90 |
| Trading 212 | 1,800 | 15 |
| Alpaca Trading | 4,000 | 5 |
| XTB | 366 | 17 |
| Lightyear | 180 | 7 |
| Fineco Bank | 5,500 | 13 |
Popularity of the best ETF brokers in the United Kingdom
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
ETF trading fees at the best ETF brokers
In most cases, the key broker selection criteria is how much you have to pay for an EFT trade. It is not easy to compare trading fees for ETF trading. So what we do at BrokerChooser is that we compare brokers by calculating all the fees of a typical trade (buying ETF shares for $2,000, holding them for a week and then selling). As ETF fees are almost universally the same as stock fees, we took stock trading fees as the basis of comparison. You can see the results for the best ETF brokerages in the table below.
| Broker | US stock |
|---|---|
| Interactive Brokers | $1.0 |
| Saxo | $1.6 |
| TradeStation Global | $1.5 |
| Webull | $0.0 |
| MEXEM | $1.0 |
| Trading 212 | $0.0 |
| Alpaca Trading | $0.0 |
| XTB | $0.0 |
| Lightyear | $1.0 |
| Fineco Bank | $4.0 |
If you are unsure how brokerage fees work, check out our article explaining various brokerage fees.
Other fees at the best ETF brokers
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Account fee | Withdrawal fee |
|---|---|---|
| Interactive Brokers | $0 | |
| Saxo | $0 | |
| TradeStation Global | $0 | |
| Webull | $0 | |
| MEXEM | $0 | |
| Trading 212 | $0 | |
| Alpaca Trading | $0 | |
| XTB | $0 | |
| Lightyear | $0 | |
| Fineco Bank | $0 |
Recommended for traders looking for broad market access and a professional trading environment
| Interactive Brokers snapshot | |
|---|---|
| Overall score | 4.9 stars |
| Broker intro | International broker providing all asset classes |
| ETFs | 13,000 |
| Minimum deposit | $0 |
| Trading platform score | 4.5 stars |
| Deposit and withdrawal score | 3.3 stars |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Recommended for investors and traders looking for a great trading platform and solid research
Visit broker
64% of retail CFD accounts lose money
| Saxo snapshot | |
|---|---|
| Overall score | 4.9 stars |
| Broker intro | Danish investment bank |
| ETFs | 7,000 |
| Minimum deposit | $0 |
| Trading platform score | 5.0 stars |
| Deposit and withdrawal score | 4.5 stars |
| Read review | For a detailed analysis of Saxo services, check out our review for 2024 |
Recommended for traders and investors looking for low fees and a wide selection of products
| TradeStation Global snapshot | |
|---|---|
| Overall score | 4.5 stars |
| Broker intro | UK-based global stockbroker |
| ETFs | 13,000 |
| Minimum deposit | $0 |
| Trading platform score | 3.6 stars |
| Deposit and withdrawal score | 3.3 stars |
| Read review | For a detailed analysis of TradeStation Global services, check out our review for 2024 |
Recommended for investors and traders looking for zero-commission trading and easy platforms
| Webull snapshot | |
|---|---|
| Overall score | 4.6 stars |
| Broker intro | US discount broker |
| ETFs | 3,300 |
| Minimum deposit | $0 |
| Trading platform score | 5.0 stars |
| Deposit and withdrawal score | 1.3 stars |
| Read review | For a detailed analysis of Webull services, check out our review for 2024 |
Recommended for investors and traders looking for low fees and sophisticated trading platforms
| MEXEM snapshot | |
|---|---|
| Overall score | 4.2 stars |
| Broker intro | Global stockbroker |
| ETFs | 13,000 |
| Minimum deposit | $0 |
| Trading platform score | 4.1 stars |
| Deposit and withdrawal score | 3.3 stars |
| Read review | For a detailed analysis of MEXEM services, check out our review for 2024 |
Recommended for equity investors looking for easy-to-use trading platforms
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When investing, your capital is at risk
| Trading 212 snapshot | |
|---|---|
| Overall score | 4.5 stars |
| Broker intro | Global stockbroker |
| ETFs | 1,800 |
| Minimum deposit | $1 |
| Trading platform score | 4.8 stars |
| Deposit and withdrawal score | 4.8 stars |
| Read review | For a detailed analysis of Trading 212 services, check out our review for 2024 |
Recommended for traders interested in algorithmic stock trading
| Alpaca Trading snapshot | |
|---|---|
| Overall score | 4.5 stars |
| Broker intro | US API broker |
| ETFs | 4,000 |
| Minimum deposit | $0 |
| Trading platform score | 4.2 stars |
| Deposit and withdrawal score | 1.2 stars |
| Read review | For a detailed analysis of Alpaca Trading services, check out our review for 2024 |
Recommended for forex and CFD traders looking for low fees and great deposit/withdrawal service
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76-83% of retail CFD accounts lose money
| XTB snapshot | |
|---|---|
| Overall score | 4.8 stars |
| Broker intro | Global CFD broker |
| ETFs | 366 |
| Minimum deposit | $0 |
| Trading platform score | 4.4 stars |
| Deposit and withdrawal score | 4.4 stars |
| Read review | For a detailed analysis of XTB services, check out our review for 2024 |
Recommended for investors and beginners looking for high interest rates on cash, a simple but great mobile platform, and low fees
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Capital at risk
| Lightyear snapshot | |
|---|---|
| Overall score | 4.6 stars |
| Broker intro | UK/EU-based stockbroker |
| ETFs | 180 |
| Minimum deposit | $0 |
| Trading platform score | 4.6 stars |
| Deposit and withdrawal score | 3.6 stars |
| Read review | For a detailed analysis of Lightyear services, check out our review for 2024 |
Recommended for traders and investors looking for a great trading platform and a broker with a solid background
| Fineco Bank snapshot | |
|---|---|
| Overall score | 4.5 stars |
| Broker intro | Italian bank |
| ETFs | 5,500 |
| Minimum deposit | $0 |
| Trading platform score | 3.7 stars |
| Deposit and withdrawal score | 4.3 stars |
| Read review | For a detailed analysis of Fineco Bank services, check out our review for 2024 |
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How did BrokerChooser select the best brokers for trading ETFs in the United Kingdom?
- We checked stock and ETF fees at more than 100 brokers,
- Compared their ETF selection and access to stock exchanges,
- Looked at the overall profile of the brokers (other products, trading platforms, account opening process),
- Checked that the brokers are overseen by at least one rock-solid regulator,
- Opened an account and tested the brokers' services with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
BrokerChooser evaluates 9 key areas for all brokers, including fees, safety, ease of account opening, education and trading platforms. We check more than 600 criteria for each broker and fine-tune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.
FAQ
Which is the best broker for ETF?
The best broker for ETF trading based on our current ranking is Interactive Brokers. Other top ETF brokerages on our list are Saxo and TradeStation Global.
Do you need a broker to buy ETFs?
Yes, you will need a brokerage account to buy securities like exchange-traded funds (ETFs). This can usually be done online, and most brokers don't require a minimum amount for account opening. You can buy and sell ETFs when the stock markets are open, in regular trading hours.
Want to learn more about ETFs?
Check out these articles written by our broker and trading experts:
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
