Analysis of UK trading apps for Sifted
2022-04-27
According to a new independent review, the new wave of UK trading apps are up to 20 times cheaper than the four largest traditional trading platforms. Sifted, a website on the European startup scene that is backed by the Financial Times, commissioned us to analyze stock trading costs, testing the hypothesis that cheaper “wealthtechs” will force a price war in a bid to bring trading to the masses.
We compared four leading fintech apps – eToro, Freetrade, Revolut and Trading 212 – with the four main incumbents – AJ Bell YouInvest, Hargreaves Lansdown, Interactive Brokers and Interactive Investors.
Interested in our conclusions? Read the article here:
https://sifted.eu/articles/trading-apps-cheap-incumbents/
Read the full methodology here:
https://brokerchooser.com/free-trading-apps-vs-incumbent-online-brokers