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Best ETF Apps UK 2022 – Cheapest Apps Revealed

Exchange-traded funds, or ETFs, are a popular asset class for both retail and professional investors, providing a way to gain exposure to a particular sector or commodity. Thanks to their popularity, the best ETF apps allow you to invest in them – so it’s crucial to do your research and choose the right one.

To help you with this process, this article discusses the Best ETF Apps UK available to traders, highlighting their features and showing you where you can invest in ETFs today – with no commissions!

Key Points on ETF Apps UK

  • ETF apps are available on your smartphone or tablet that allow you to invest in exchange-traded funds (ETFs).
  • Most trading platforms that offer ETFs will also provide a mobile app, which can be downloaded on iOS or Android.
  • When choosing an ETF app, it’s crucial to review factors such as fees, asset selection, regulation, and trading tools.
  • Through our research and testing, we’ve found eToro to be the best ETF app UK, as users can trade commission-free and with FCA protection.

Best ETF Apps UK List

If you’re looking to invest in the best ETFs, then the apps presented below represent the top options in the market right now. The following section will review the best ETF apps, showcasing their features and fee structures.

  1. eToro – Overall Best ETF App for Commission-Free Trading
  2. Capital.com – Best ETF App with Extensive Regulation
  3. Libertex – User-Friendly ETF Trading App with Tight Spreads
  4. Plus500 – Best ETF App UK with Great Charting Features
  5. AvaTrade – Innovative ETF App with Huge Range of Features
  6. Fineco – Highly Trusted ETF Platform
  7. IG – Popular ETF App with Vast Asset Selection
  8. Interactive Brokers – Best ETF App for Experienced Traders
  9. Hargreaves Lansdown – ETF Trading App with Exceptional Reputation
  10. Trading 212 – Best ETF Trading App for Casual Investors

Best ETF Apps Reviewed

As you can see from the list above, many of the best ETF brokers offer a handy trading app for users to invest on the go. Let’s explore five of the best ETF apps on the market right now so that you have a solid understanding of your options.

1. eToro – Overall Best ETF App for Commission-Free Trading

eToro

Our top pick when it comes to the best ETF trading app is eToro. This leading social trading platform is one of the most popular online brokers worldwide, with over 23 million clients across more than 60 countries. Much of eToro’s popularity is derived from the platform’s safe reputation, as it is regulated by the FCA, ASIC, and CySEC. What’s more, thanks to FSCS protection, users are insured by up to £85,000 if eToro ever goes bankrupt.

We consider eToro the best ETF app UK as the platform allows you to invest in over 250 ETF CFDs with no commissions. There is a wide variety of ETFs and mutual funds to invest in, including ARKK ETFs and SDPR ETFs. Notably, you can even employ leverage on your investment account with eToro, which allows you to boost your potential winnings when ETF trading by up to 5x!

In terms of the app specifically, the interface is exceptionally user-friendly and allows users to sign up in minutes. The app is available on iOS and Android and has over 6300 reviews on the App Store and an average rating of 3.7/5. The trading experience on this ETF trading app is streamlined, as you can search the entire range of ETFs and invest in just a few taps. Furthermore, the minimum investment amount is only $10 (£7.43) thanks to eToro’s fractional shares approach, making it accessible for beginner traders. eToro is also considered by many investors as one of the best stock apps across the board.

Aside from trading ETFs, the app also has various other valuable features. You can view price charts on all ETFs and even utilise a selection of technical indicators, including RSI and Bollinger Bands. Finally, eToro even offers a handy ‘CopyTrader’ feature that allows users to seamlessly copy the trades placed by other active traders – thereby automating their trading experience!

Pros

  • 0% commissions on ETFs
  • Over 250 ETFs to trade
  • Supports copy trading
  • Can trade from as little as $10
  • Regulated by the FCA, CySEC, and ASIC

Cons

  • $10 inactivity fee

68% of retail investor accounts lose money when trading CFDs with this provider.

2. Capital.com – Best ETF App with Extensive Regulation

Capital.com

If you’re looking for an ETF trading app as an alternative to eToro, then we’d also recommend Capital.com. Capital.com is a low-cost CFD brokerage launched in 2016 and has become one of the most popular platforms for traders. Boasting regulation from the FCA, CySEC, ASIC, and NBRB, Capital.com has an excellent reputation as one of the best FCA brokers.

As one of the best share dealing accounts, Capital.com allows users to invest in a vast array of CFDs with no commissions. This ETF trading app offers 100 different ETFs to invest in, allowing you to gain exposure to various industries and commodities. The app presents detailed information and price charts for each ETF once you tap on it and clearly states the overnight fees and leverage that can apply – which is up to 1:5 for UK-based traders.

Finally, Capital.com’s app really excels when it comes to features, as the app has a ‘Learn to Trade’ section dedicated to beginner traders. This section has various videos and articles that aim to improve traders’ results right away. Capital.com’s app even has a sleek newsfeed section, ensuring you’re kept up-to-date on the latest financial news whilst trading.

Pros

  • Heavily regulated broker
  • Wide range of payment methods
  • Numerous educational resources
  • Extensive price information on ETFs
  • Minimum deposit only $20

Cons

  • Primarily focuses on CFDs and some real stocks

75.26% of retail investor accounts lose money when trading trading spread bets and/or CFDs with this provider.

3. Libertex – User-Friendly ETF Trading App with Tight Spreads

libertex review Another of the best ETF apps to consider is Libertex. With over 200 reviews on the App Store and an average rating of 4.6/5, Libertex’s app is one of the most highly rated on our list. The app has won various industry awards, including the Most Trusted Broker award in 2021 from the Ultimate Fintech Awards show. Furthermore, as CySEC regulates Libertex, users are also afforded high security levels whilst trading.

One of the great things about this CFD trading app is that users can invest in a selection of ETFs with extremely tight spreads. Spreads typically hover around 0.1% for ETFs, although they can vary depending on the market conditions. The Libertex app offers ten different ETFs to invest in, which can also be traded with leverage of up to 1:5. Aside from ETFs, users of the app can also trade other investment products such as FX pairs, commodities, and equities. Therefore, if you’re wondering how to invest in commodities, the Libertex trading app is ideal for beginner traders.

The mobile trading app itself features a polished dark interface, with tabs for markets, trades, inbox, and wallet along the bottom. You can easily find the asset you’d like to trade using the built-in search function and can then invest in it with just a few taps. Finally, although the account minimum deposit is initially €100 (£84), any subsequent deposits from your bank account only need to be €10 (£8.40) – which is ideal for people looking to start small and build their way up.

Pros

  • Tight spreads on ETFs
  • Several payment options available
  • Regulated by CySEC
  • Easy-to-navigate app
  • Supports MT4 for forex traders

Cons

  • Limited charting tools

74% of retail investor accounts lose money when trading CFDs with this provider.

4. Plus500 – Best ETF App UK with Great Charting Features

Plus500

If you’re wondering how to invest £500 (or any amount) in ETFs, then using the Plus500 app might be one of your best options. Plus500 is a popular trading platform launched in 2008 and is regulated by the FCA and ASIC. What’s more, Plus500 is one of the few stock brokers listed on the London Stock Exchange, adding massive credibility to the platform.

We consider this one of the best ETF apps UK because all of the fees are built into the spread, which is clearly visible on the ‘Markets’ section of the app. Spreads for ETF CFDs can vary, although they tend to range around 0.7% during periods of high liquidity. At present, the Plus500 app offers 95 different ETFs to invest in – and you can even take a short position in these ETFs if you wish.

The app offers excellent charting features, allowing you to go full screen and utilise various indicators. You can even customise the charts to be precisely how you’d like them, with timeframes ranging from one minute to one week. Finally, the Plus500 app even has a dedicated ‘Tools’ section, featuring an economic calendar and a price alerts feature, ensuring you’re always up-to-date with the latest stock market movements.

Pros

  • Listed on the LSE
  • Can short-sell ETFs
  • Extensive charting features
  • Free demo account

Cons

  • Only offers CFDs

72% of retail investor accounts lose money when trading CFDs with this provider.

5. AvaTrade – Innovative ETF App with Huge Range of Features

avatrade-logoRounding off our list of the best investment apps is AvaTrade. Launched in 2006, AvaTrade has generated an excellent reputation over the past decade and is now regulated by MiFID and the Central Bank of Ireland. The app has over 640 reviews on the App Store and an average rating of 4.6/5, highlighting how favourably traders view it.

Like many of the best stock trading apps, the AvaTrade mobile app allows users to invest in various assets with no fees. As a CFD broker, AvaTrade’s costs are incorporated into the spread, which tends to be around 0.5% for ETFs. Users can invest in 14 different ETFs on the app, all of which feature extensive information on the specific spread, leverage, overnight fees, trading hours, and monthly returns, simply by tapping on the ETFs name.

The AvaTrade app (named AvaTrade GO) is packed with helpful trading features, such as educational videos and price alerts. There’s also a handy ‘Market Buzz’ section where you can view how much hype there is around a specific asset and assess whether it’s worth investing in. Finally, the app even has an ‘Analyst Views’ feature, which displays insights and trading ideas from top analysts – offering a streamlined way for beginners to buy and sell stocks and ETFs.

Pros

  • Regulated by the Central Bank of Ireland
  • Tight spreads on ETFs
  • Huge range of features on the app
  • Dedicated live chat section on the app

Cons

  • Inactivity fee applies

71% of retail investor accounts lose money when trading CFDs with this provider.

Best ETF Apps Comparison

Now that you have an idea of what the best ETF apps are, found below is a table that breaks down the asset selection, ETF type, and pricing structure of each platform on our list.

Platform Name Number of ETFs Real ETFs or CFDs? Pricing Structure
eToro  250+ Both 0% Commission + Spread
Capital.com 100 CFDs 0% Commission + Spread
Libertex 10 CFDs Tight spreads + Small Commission
Plus500 95 CFDs 0% Commission + Spread
AvaTrade 14 CFDs 0% Commission + Spread
Fineco 5500 CFDs Commission (£2.95 per order)
IG 1900 Both Commission (£3) + Spread
Interactive Brokers 13,000 Both Variable Commission + Spread
Hargreaves Lansdown 2500 Both Commission (£11.95)
Trading 212 28 CFDs 0% Commission + Spread

 

How to Choose the Best ETF App for You

Whether you’re looking to invest in the best Vanguard ETFs or any other ETF type, you must do your due diligence before trading. To help streamline the research process, found below are some of the main factors to consider when reviewing your ETF options:

Range of ETFs

When choosing an ETF tracker app, one of the key elements to look out for is the number of ETFs available to trade. Many providers (such as eToro) will have hundreds of tradeable ETFs, ensuring there’s an option for every risk appetite. Furthermore, having such a large selection of investment options will make it easier to gain exposure to a specific industry or commodity – removing the need to create your own investment portfolio of individual stocks.

etoro range of ETFs

Fees

Understandably, the app’s account fees should also be considered. The best investment platforms tend to charge either a commission, the spread, or both. If the platform charges the spread, this can be variable (changes depending on market conditions) or fixed. Furthermore, non-trading fees such as deposit, withdrawal, inactivity, and account management fees should also be noted, as these can add up over time.

Trading tools

Reaching your financial goals is much easier if the ETF app you choose has various trading tools. These tools can include educational resources, price alerts, analyst insights, and even copy trading features. Many ETF apps will also offer micro-investing (e.g. fractional investing), allowing users to invest small amounts in an asset and build up their position over time – which is a method promoted by many financial planning experts.

Research & analysis resources

When online trading, the ability to conduct technical and fundamental analysis can make all the difference when it comes to making effective investment decisions. Make sure you choose an ETF app that offers the ability to view charts and other statistical information, as this will remove the need to get this data from a third party. Furthermore, many ETF apps (such as the one offered by eToro) provide a selection of technical indicators to bolster your analysis.

etoro price chart

Mobile experience

The user-friendliness of the ETF app should be considered, as it can help to streamline the investment process. The eToro trading app is one of the best options for this, as the interface is easy to understand and has tabs dedicated to each important section. Some ETF apps will have additional functionality, such as full-screen price charts, enhancing the user experience.

Payment methods & minimum deposit

The payment methods accepted on your chosen ETF app should be considered, as many platforms now offer the ability to fund your account via e-wallet. Credit/debit card deposits and e-wallet deposits tend to arrive instantly, while bank transfers often take a few days. Furthermore, most ETF apps will have a minimum deposit amount that must be met before trading. eToro and Capital.com both have low minimum balance thresholds, making it easy for casual investors to set up their accounts.

etoro deposit methods

Regulation and security

Finally, the safety level of the app should be one of your main priorities. It’s crucial to use an ETF app regulated by one (or more) top regulators. Ideally, you’ll want to partner with a platform regulated by the FCA, as this will provide direct investor protection within the UK. Aside from regulation, some of the best apps also include additional security features, such as two-factor authentication or biometric identification.

How to Download an ETF App & Start Trading

Finally, let’s take a look at the investment process. Much like when you invest in the best shares to buy, you’ll need to create an account with a reputable platform and then download their app.

Through our research and testing, we’ve found eToro to offer the best app when it comes to ETF trading. With that in mind, the four quick steps below highlight how you can create an eToro account and begin investing in ETFs – all in the space of a few minutes!

Step 1 – Download the eToro App

Firstly, head over to the App Store or Google Play and search for ‘eToro’. Once the app appears, click ‘Download’ to install it on your smartphone or tablet.

download eToro app

68% of retail investor accounts lose money when trading CFDs with this provider.

Step 2 – Sign Up with eToro

You’ll now have to create an eToro account, which tends only to take a few minutes. eToro will ask for an email address, username, and a password to create your account.

Following this, you can verify your profile to gain full access to all of the app’s features by uploading proof of ID (a copy of your passport or driver’s license) and proof of address (a copy of a bank statement or utility bill). eToro will verify these documents, which usually only takes a few moments.

Step 3 – Make a Deposit

Click ‘Deposit’ and choose whether to fund your account via credit card, debit card, bank transfer, or e-wallet. The minimum deposit at eToro is only $50 (£37), although there is a small 0.5% currency conversion fee if depositing in a non-USD currency.

etoro app deposit

Step 4 – Invest in ETFs

Click the ‘Discover’ tab and search for the ETF you’d like to invest in. Once it appears, tap on it and then tap ‘Trade’. An order box will now appear, much like the one below. In this box, simply enter your desired position size (minimum of $10), check everything is correct, and click ‘Open Trade’.

etoro buy ETFs

Congratulations! You’ve just invested in an ETF using the eToro app – all without paying any commissions!

Best ETF App UK – Conclusion

In summary, this guide has discussed the best ETF apps in detail, highlighting which platforms provide the lowest fees and most valuable features. If you’re looking for an ETF trading app to use, by reviewing our list presented earlier, you’ll be sure to find a platform that suits your needs and investment goals – allowing you to trade the financial markets optimally.

If you’d like to start trading ETFs today, we’d recommend signing up with eToro. This leading copy trading broker has a stellar reputation in the trading space and is regulated by the FCA, ASIC, and CySEC. What’s more, the eToro ETF trading app allows you to invest in ETFs with no commissions and from as little as $10 per trade!

eToro – Best ETF App UK with Low Fees

eToro

68% of retail investor accounts lose money when trading CFDs with this provider.

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Connor Brooke author check sign Pro Investor

Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has extensive knowledge in the investing space, and has also written two theses on mutual funds and the UK market.

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