If you want to read our full review, including fees, deposit options and other platforms (like web and desktop) then skip to the EQi review.
The best alternatives to EQi are
- Barclays - UK-based stockbroker
- Hargreaves Lansdown - UK-based stockbroker
- Charles Stanley Direct - UK-based stockbroker
- Interactive Investor - UK stockbroker
Let's see in a bit more detail how the EQi alternatives compare to EQi and each other:
| EQi | Barclays | Hargreaves Lansdown | Charles Stanley Direct | Interactive Investor | |
|---|---|---|---|---|---|
| Overall score | 3.6 | 3.9 | 4.5 | 4.4 | 4.5 |
| Fees score | 1.3 stars | 4.1 stars | 3.1 stars | 3.3 stars | 3.5 stars |
| Account opening score | 5.0 stars | 3.8 stars | 4.4 stars | 4.7 stars | 5.0 stars |
| Deposit and withdrawal score | 3.8 stars | 3.8 stars | 3.8 stars | 3.8 stars | 3.8 stars |
| Web platform score | 2.7 stars | 3.5 stars | 3.7 stars | 3.5 stars | 3.8 stars |
| Markets and products score | 3.0 stars | 1.4 stars | 3.0 stars | 1.6 stars | 3.0 stars |
| Visit broker | Visit broker | Visit broker | Visit broker |
Why are these brokers considered good alternatives to EQi? There are many areas based on which EQi can be compared with others. When we say a given online broker is a good alternative to EQi we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
EQi alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- EQi is recommended for long-term investors in the uk
- Barclays is recommended for long-term investors looking for a broker with low fees and solid background
- Hargreaves Lansdown is recommended for beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms
- Charles Stanley Direct is recommended for beginners and buy-and-hold investors focusing on the uk market
- Interactive Investor is recommended for beginners and investors focusing on the uk market
Important factors of finding EQi alternatives
So far BrokerChooser has reviewed 89 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether EQi or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. EQi is considered to be a rather expensive broker. This gives you a good chance to cut your costs by choosing a cheaper EQi alternative.
Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At EQi this is not a problem as you can have it ready on the same day you registered.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at EQi, this might not be the case at its alternatives.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given EQi alternative is a must.
Now let's dive into the details of how EQi and its alternatives perform in the most important areas!
EQi alternatives
Barclays
Barclays is a UK-based financial service company with a long history, the origins of which date back to the 17th century. Barclays is listed on multiple stock exchanges, including the LSE and the NYSE.
Barclays provides a brokerage service for UK customers through its subsidiary, Barclays Smart Investor. Barclays Smart Investor was founded in 1992 and is regulated by the Financial Conduct Authority (FCA).
Barclays Smart Investor is considered safe because it has a long track record and a good reputation, is listed on a stock exchange, has a banking background, discloses its financials, and is regulated by a top-tier financial authority.
We use Barclays Smart Investor and Barclays interchangeably, but we always refer to Barclays's brokerage service.
Recommended for long-term investors looking for a broker with low fees and solid background
| Pros | Cons |
|---|---|
| • Low fees | • Limited to UK products |
| • Solid company background | • Current bank account is needed for mobile platform |
| • Great fundamental research | • Poor customer support |
Fees
Barclays Smart Investor provides low trading fees for stocks, ETFs, bonds, and funds. It's also great that no deposit, withdrawal, or inactivity fees are charged. On the other hand, there is a volume-based monthly customer fee for holding assets.
| Pros | Cons |
|---|---|
| • Low stock, ETF, fund, and bond fees | • Volume-based monthly customer fee |
| • No withdrawal fee | |
| • No inactivity fee |
| Barclays | EQi | |
|---|---|---|
| Apple benchmark fee | - | $69.1 |
| Vodafone benchmark fee | $17.4 | $31.4 |
| EURUSD benchmark fee | - | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Barclays Smart Investor offers a fully digital account opening with no minimum deposit. On the negative side, the account verification took long and only UK residents can open an account with Barclays.
| Pros | Cons |
|---|---|
| • Fully digital | • Slow |
| • No minimum deposit | • Account opening only for UK residents |
| Barclays | EQi | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | >3 days | 1 day |
If you are interested more in Barclays minimum deposit, this overview will help you.
Deposit and withdrawal
Depositing and withdrawal is free of charge with a debit card or bank transfer and is usually processed fast. On the other hand, you can't use electronic wallets and we experienced some difficulties having different bank accounts accepted.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Missing electronic wallets |
| • Free withdrawal | |
| • No deposit fee |
| Barclays | EQi | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0.0 | $0.0 |
Web trading platform
Barclays Smart Investor has a user-friendly and well-designed web trading platform. It also offers good search functions and transparent order confirmation. However, the platform is not customizable and there is no two-step login option.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Clear fee report | • Limited customizability (for charts, workspace) |
| • Good search function |
| Barclays | EQi | |
|---|---|---|
| Web platform score | 3.5 stars | 2.7 stars |
| Mobile platform score | - | 2.6 stars |
| Desktop platform score | - | - |
Learn more about Barclays's web trading platform in the detailed Barclays review.
Markets and products
Barclays Smart Investor offers stocks, ETFs, bonds, and mutual funds. Unfortunately, the product portfolio covers only the UK market and the number of available products is far from robust.
| Barclays | EQi | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | No | No |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | No | No |
| Futures | No | No |
| CFD | No | No |
| Crypto | No | No |
Verdict
All in all, Barclays Smart Investor is a transparent and secure brokerage held by a financially stable global UK bank and is regulated by the top-tier FCA.
We rated Smart Investors favorably because of its low fees, the safety it provides for account holders and great fundamental research.
Some of its drawbacks include a limited product offering and missing mobile trading platform, as well as poor customer support.
If you are looking for a solid, safe online broker, you can go ahead and give Barclays Smart Investor a try, as the trading and non-trading fees are generally low, the security of your funds are protected to a high level, and the account opening is fully online.
| Barclays | |
|---|---|
| Summary | Barclays is a UK-based bank. Barclays Smart Investor is the brokerage service provided by Barclays and regulated by the top-tier FCA. |
| Fees score | 4.1 stars |
| Recommended for | Long-term investors looking for a broker with low fees and solid background |
EQi alternatives
Hargreaves Lansdown
Hargreaves Lansdown is one of the biggest UK-based stockbrokers. It was founded in 1981 and is regulated by the top-tier Financial Conduct Authority (FCA). In addition, it is a listed company and a constituent of the FTSE 100, a stock index of the biggest listed companies in the UK.
Hargreaves Lansdown is considered safe because it has a long track record, is regulated by a top-tier authority, and is listed on a stock exchange.
Recommended for beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms
| Pros | Cons |
|---|---|
| • Easy-to-use trading platforms | • High fees for stocks and ETFs |
| • High-quality educational tools | • Offline account opening for clients outside the UK |
| • Great customer service | • Only GBP base currency |
Fees
Hargreaves Lansdown has low fund and bond trading fees and there is no inactivity fee. However, the stock and ETF fees are high.
| Pros | Cons |
|---|---|
| • Low non-trading fees | • High stock and ETF fees |
| • No withdrawal fee | • Currency conversion fee |
| • Low fees for funds and bonds |
| Hargreaves Lansdown | EQi | |
|---|---|---|
| Apple benchmark fee | $33.8 | $69.1 |
| Vodafone benchmark fee | $34.1 | $31.4 |
| EURUSD benchmark fee | - | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Hargreaves Lansdown's account opening process is quick and easy as long as you're in the UK and they manage to electronically verify you. If verification fails or you live outside the UK, you have to send the photocopied documents by post.
| Pros | Cons |
|---|---|
| • Fast | • Offline account opening for non-UK clients |
| • No minimum deposit | |
| • Fully digital for UK clients |
| Hargreaves Lansdown | EQi | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | 1 day | 1 day |
If you are interested more in Hargreaves Lansdown minimum deposit, this overview will help you.
Deposit and withdrawal
Depositing and withdrawing money is easy and free with a debit card or fast bank transfers at Hargreaves Lansdown. Unfortunately, accounts are available only in GBP.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Only one account base currency |
| • Free withdrawal | |
| • No deposit fee |
| Hargreaves Lansdown | EQi | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0.0 | $0.0 |
Web trading platform
Hargreaves Lansdown's web platform is great. It is user-friendly and easy to use. However, it lacks a two-step login, customizability, and advanced charting is very slow.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Clear fee report | • Limited customizability (for charts, workspace) |
| • Good search function | • Charting is extremely slow |
| Hargreaves Lansdown | EQi | |
|---|---|---|
| Web platform score | 3.7 stars | 2.7 stars |
| Mobile platform score | 3.9 stars | 2.6 stars |
| Desktop platform score | - | - |
Learn more about Hargreaves Lansdown's web trading platform in the detailed Hargreaves Lansdown review.
Markets and products
Hargreaves Lansdown offers a lot of funds, and you can access an average number of stock markets. You can trade with forex, CFDs and cryptos via IG, another broker. There are no options or futures.
| Hargreaves Lansdown | EQi | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | No | No |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | No | No |
| Futures | No | No |
| CFD | No | No |
| Crypto | No | No |
Verdict
Hargreaves Lansdown is one of the biggest UK brokers and is regulated by a top-tier authority.
Its customer service is great, providing you with relevant answers within a short time. The web and mobile trading platforms are user-friendly and the educational tools are high-quality.
It has some drawbacks though: it has high fees for stocks and ETFs, account opening for clients outside the UK is not fully digital, and there is only one base currency (GBP).
As there is no minimum deposit and no inactivity fee, Hargreaves Lansdown is a good choice for opening a trading account.
| Hargreaves Lansdown | |
|---|---|
| Summary | Hargreaves Lansdown is a UK broker, regulated by the top-tier FCA. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100, a stock index of the biggest listed companies in the UK. |
| Fees score | 3.1 stars |
| Recommended for | Beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms |
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EQi alternatives
Charles Stanley Direct
Charles Stanley Direct is a UK-based stockbroker founded in 1985. It is regulated by the top-tier UK Financial Conduct Authority (FCA), and its shares are traded on the London Stock Exchange.
Charles Stanley Direct is considered safe because it has a long track record, is listed on a stock exchange, and is regulated by a top-tier regulator.
Recommended for beginners and buy-and-hold investors focusing on the uk market
| Pros | Cons |
|---|---|
| • Low fund fees | • Limited product portfolio |
| • Great customer service | • Limited education materials |
| • Easy deposit and withdrawal | • Basic research tools |
Fees
Charles Stanley Direct has low fund fees and low non-trading fees, but its stock and ETF fees are not the most competitive on the market.
| Pros | Cons |
|---|---|
| • Low non-trading fees | • Average stock and ETF fees |
| • Low fund fees |
| Charles Stanley Direct | EQi | |
|---|---|---|
| Apple benchmark fee | - | $69.1 |
| Vodafone benchmark fee | $33.5 | $31.4 |
| EURUSD benchmark fee | - | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
If you have a UK passport, the account opening procedure is quick and easy. If not, you have to mail in photocopied documents, making the process less convenient.
| Pros | Cons |
|---|---|
| • Fully digital | • Available only to UK residents |
| • Low minimum deposit | |
| • User-friendly |
| Charles Stanley Direct | EQi | |
|---|---|---|
| Minimum deposit | $28 | $0 |
| Time to open account | 1-3 days | 1 day |
If you are interested more in Charles Stanley Direct minimum deposit, this overview will help you.
Deposit and withdrawal
Depositing and withdrawing money is easy and free with bank transfer at Charles Stanley Direct. Unfortunately, accounts are only available in British pounds.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Only one account base currency |
| • Free withdrawal | |
| • No deposit fee |
| Charles Stanley Direct | EQi | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0.0 | $0.0 |
Web trading platform
The web trading platform is user-friendly and delivers some of the usual basic functions. However, it lacks a safer two-step login, customizability, and advanced order types.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Clear fee report | • Limited customizability (for charts, workspace) |
| • Price alerts | • Limited order types |
| Charles Stanley Direct | EQi | |
|---|---|---|
| Web platform score | 3.5 stars | 2.7 stars |
| Mobile platform score | 4.0 stars | 2.6 stars |
| Desktop platform score | - | - |
Learn more about Charles Stanley Direct's web trading platform in the detailed Charles Stanley Direct review.
Markets and products
Charles Stanley Direct offers only UK stocks, ETFs, mutual funds and bonds. International stocks or bonds can be traded offline, but options, futures or CFDs are missing completely.
| Charles Stanley Direct | EQi | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | No | No |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | No | No |
| Futures | No | No |
| CFD | No | No |
| Crypto | No | No |
Verdict
Charles Stanley Direct is a UK stockbroker regulated by the FCA and listed on the London Stock Exchange.
On the positive side, it has low fund fees. Customer service is great, offering quick and useful answers. Deposit and withdrawal are easy and free.
The service has some drawbacks though. You can only trade UK stocks, ETFs and mutual funds online. Educational and research tools are limited.
As the minimum deposit is low and no inactivity fee is charged, feel free to try Charles Stanley Direct.
| Charles Stanley Direct | |
|---|---|
| Summary | Charles Stanley Direct is a UK broker, regulated by the top-tier FCA. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100, a stock index of the biggest listed companies in the UK. |
| Fees score | 3.3 stars |
| Recommended for | Beginners and buy-and-hold investors focusing on the UK market |
EQi alternatives
Interactive Investor
Interactive Investor (ii) is the second biggest UK stockbroker, regulated by the Financial Conduct Authority (FCA). It was founded in 1995 and incorporated in its current form in 2003.
UK investors can open ISA and SIPP accounts.
Interactive Investor is considered safe because it has a long track record and is overseen by a top-tier regulator.
Recommended for beginners and investors focusing on the uk market
| Pros | Cons |
|---|---|
| • User-friendly web trading platform | • Limited product portfolio |
| • Fast and easy deposit and withdrawal | • Basic charting and analytic tools |
| • Great customer service | • Monthly account fee |
Fees
Interactive Investor has average trading fees, including low fund fees; while regular investments are free. On the other hand, there is a monthly account fee.
| Pros | Cons |
|---|---|
| • Low fund fees | • Monthly account fee |
| • Regular investments are free |
| Interactive Investor | EQi | |
|---|---|---|
| Apple benchmark fee | $22.7 | $69.1 |
| Vodafone benchmark fee | $23.0 | $31.4 |
| EURUSD benchmark fee | - | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Opening an account with Interactive Investor is fast, fully digital, and involves no minimum deposit, but only UK addresses are accepted.
| Pros | Cons |
|---|---|
| • Fast | • Only UK residents accepted |
| • Fully digital | |
| • No minimum deposit |
| Interactive Investor | EQi | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | 1 day | 1 day |
If you are interested more in Interactive Investor minimum deposit, this overview will help you.
Deposit and withdrawal
Deposit and withdrawal are easy, quick and mostly free. On the negative side, electronic wallets and credit/debit cards are not accpeted for withdrawal.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • No credit/Debit card withdrawal |
| • No deposit fee | |
| • Free withdrawal in GBP or EUR |
| Interactive Investor | EQi | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0.0 | $0.0 |
Web trading platform
Interactive Investor's web trading platform is easy to use, but there is no two-step login option, and the platform cannot be customized.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Clear fee report | • Limited customizability (for charts, workspace) |
| • Good search function |
| Interactive Investor | EQi | |
|---|---|---|
| Web platform score | 3.8 stars | 2.7 stars |
| Mobile platform score | 2.6 stars | 2.6 stars |
| Desktop platform score | - | - |
Learn more about Interactive Investor's web trading platform in the detailed Interactive Investor review.
Markets and products
Interactive Investor offers stocks, ETFs, funds, and bonds, but funds and bonds cover only the UK market.
| Interactive Investor | EQi | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | No | No |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | No | No |
| Futures | No | No |
| CFD | No | No |
| Crypto | No | No |
Verdict
Interactive Investor is one of the biggest UK brokers, and is regulated by the top-tier FCA.
It has a user-friendly and well-designed web trading platform. UK investors can open ISA and SIPP accounts. Deposit and withdrawal are easy and fast. Its customer service is great, giving you quick and useful answers.
Interactive Investor has some drawbacks though. Its product offer covers only traditional products, like UK funds and a rather average selection of stocks. Technical research tools are limited, and there is a monthly account fee.
As there is no minimum deposit and you can use great trading platforms, feel free to try Interactive Investor.
| Interactive Investor | |
|---|---|
| Summary | Interactive Investor is a UK-based direct-to-investor investment service. It is regulated by the top-tier FCA. |
| Fees score | 3.5 stars |
| Recommended for | Beginners and investors focusing on the UK market |
EQi alternatives
EQi
EQi is a UK-based stockbroker regulated by the Financial Conduct Authority (FCA). It was founded as Selftrade in 2007, and was later acquired by the Equiniti Group, where it was rebranded as EQi.
EQi only accepts UK residents as clients, but for them it offers a wide range of assets and access to international stock exchanges.
EQi is considered safe because it is regulated by a top-tier financial authority, its parent company is listed on a stock exchange, and it discloses its financials transparently.
Recommended for long-term investors in the uk
| Pros | Cons |
|---|---|
| • Quick and easy account opening | • High non-UK stock trading fees |
| • Free deposit and withdrawal | • No quality educational tools |
| • Low fund fees | • Only GBP as base currency |
Fees
EQi charges no withdrawal fees and has relatively low fund fees. Its other trading fees are relatively high though, especially for non-UK stocks and ETFs; there's also a custody fee.
| Pros | Cons |
|---|---|
| • No withdrawal fee | • High trading fees |
| • High non-UK stock fees | |
| • Custody fee |
| EQi | Barclays | Hargreaves Lansdown | Charles Stanley Direct | Interactive Investor | |
|---|---|---|---|---|---|
| US stock | $34.4 | - | $16.7 | - | $11.2 |
| UK stock | $15.4 | $8.4 | $16.7 | $16.1 | $11.2 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k
Account opening
Opening an account at EQi is fast and fully online. The process is simple and easy to follow. However, it is only available to UK residents.
| Pros | Cons |
|---|---|
| • Fast | • Only for UK residents |
| • Fully digital | |
| • No minimum deposit |
| EQi | Barclays | Hargreaves Lansdown | Charles Stanley Direct | Interactive Investor | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $0 | $28 | $0 |
| Time to open account | 1 day | >3 days | 1 day | 1-3 days | 1 day |
Learn more about EQi minimum deposit here.
Deposit and withdrawal
EQi offers simple and free deposit and withdrawal via bank transfer or credit/debit card. On the negative side, only GBP accounts are available, and withdrawal is slow.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Only one account base currency |
| • Free withdrawal | • Slow withdrawal - over 3 days |
| • Electronic wallets not accepted |
| EQi | Barclays | Hargreaves Lansdown | Charles Stanley Direct | Interactive Investor | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | No | No | No |
| Withdrawal fee | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
Web trading platform
EQi's web trading platform has a simple design and offers good fee reports. However, it lacks customizability and is not really user-friendly at first sight.
| Pros | Cons |
|---|---|
| • Clear fee report | • No two-step (safer) login |
| • Order confirmation | • Limited customizability (for charts, workspace) |
| • No price alerts |
| EQi | Barclays | Hargreaves Lansdown | Charles Stanley Direct | Interactive Investor | |
|---|---|---|---|---|---|
| Web platform score | 2.7 stars | 3.5 stars | 3.7 stars | 3.5 stars | 3.8 stars |
| Mobile platform score | 2.6 stars | - | 3.9 stars | 4.0 stars | 2.6 stars |
| Desktop platform score | - | - | - | - | - |
Learn more about EQi's web trading platform in the detailed EQi review.
Markets and products
EQi offers an impressive range of stocks, funds, ETFs and bonds, but many other product categories such as forex, CFDs, futures or options are missing entirely.
| EQi | Barclays | Hargreaves Lansdown | Charles Stanley Direct | Interactive Investor | |
|---|---|---|---|---|---|
| Stock | Yes | Yes | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes | Yes | Yes |
| Forex | No | No | No | No | No |
| Fund | Yes | Yes | Yes | Yes | Yes |
| Bond | Yes | Yes | Yes | Yes | Yes |
| Options | No | No | No | No | No |
| Futures | No | No | No | No | No |
| CFD | No | No | No | No | No |
| Crypto | No | No | No | No | No |
Verdict
EQi is a UK-based stockbroker, regulated by a top-tier authority and focusing on UK clients.
EQi provides low fund trading fees and access to international markets. It has a quick account opening process and offers pretty good deposit and withdrawal options.
On the negative side, EQi has high trading fees for non-UK stocks and ETFs. The design and functionality of the web trading platform compares poorly to EQi's competitors. The lack of research capabilities and quality educational tools is not making the broker beginner-friendly at all. The mobile platform is rudimentary; while EQi has only one base currency (GBP).
With no minimum deposit and low fund fees, EQi may be a good choice for UK residents who are focusing on long-term investments.
| EQi | |
|---|---|
| Summary | EQi is an UK-based stockbroker, regulated by the top-tier FCA. EQi's parent company, Equinti Group, is listed on LSE and discloses financial statements transparently. |
| Fees score | 1.3 stars |
| Recommended for | Long-term investors in the UK |
EQi alternatives
Bottom line
Based on our analysis, there are several good alternatives to EQi. They all offer similar products and target similar customers. Here's a recap of the results in a table.
| Broker | Info | Recommended for |
|---|---|---|
| EQi | UK-based stockbroker | Long-term investors in the UK |
| Barclays | UK-based stockbroker | Long-term investors looking for a broker with low fees and solid background |
| Hargreaves Lansdown | UK-based stockbroker | Beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms |
| Charles Stanley Direct | UK-based stockbroker | Beginners and buy-and-hold investors focusing on the UK market |
| Interactive Investor | UK stockbroker | Beginners and investors focusing on the UK market |
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