Claire is an experienced financial analyst with strong analytical skills. With her expertise and focus on thorough market research, Claire ensures individuals in the financial landscape are well-informed. Often in an engaging writing style, her content helps traders quickly grasp the market dynamics. As an Associate Editor of financial news at InvestingGuide, she provides an original analysis of the financial markets and economy. You’ll be at joy reading her flawlessly written content. She has written hundreds of pieces that simplify complex financial topics in plain language.
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Are you looking for the perfect AI stock trading app? Well, search no more. Here at InvestingGuide, I recommend the best apps that I have personally tested and approved for UK traders. I conducted multiple tests and comparisons, so rest assured of a suitable option regardless of your skill level.
Besides sharing the top AI apps for stock trading, I will guide you through how to get started. Plus, you will discover the crucial elements professional traders consider when choosing the best AI app for their activities.
List of AI Stock Trading Apps
Below is my list of the best AI apps for stock trading based on my hands-on analysis.
- Pepperstone – Best For CFD Trading
- FP Markets – Overall Best
- eToro – Beginner-Friendly
- XTB – One of the Cheapest Options
- Spreadex – Best With AIM Stocks
- Saxo – Top Option For Professional Traders
- FxPro – Best With Spread Betting Options
Compare Apps Table
Mobile trading is taking over the UK’s financial landscape by storm. This is primarily because of its flexibility, which allows traders to manage their positions anywhere. Incorporated with AI features, these apps are the most sought-after in the share market.
Unfortunately, many brokers now offer AI-powered stock trading apps. This challenges traders to identify what aligns with their needs. The research process is lengthy, thus making them give up and select what does not meet their needs.
The good news is that I have helped many traders in the UK choose the right AI apps. And since every trader deserves the best, I share a comparison table below. My goal is to empower you with insightful information, enabling you to make well-informed choices that align with your unique trading requirements.
AI Stock Trading App | Licence | Support Service | Software | Payment | Demo Account |
---|---|---|---|---|---|
Pepperstone | FCA, ASIC, DFSA | 24/7 | MT4, MT5, cTrader, TradingView, Capitalise.ai, Social Trading | Credit cards, Bank transfer, PayPal, Neteller, Skrill, Union Pay | Yes |
FP Markets | CySEC, ASIC, FCA | 24/7 | MT4, MT5, cTrader, Iress | Credit/debit cards, Bank transfer, PayPal, Neteller, Skrill, PayTrust FasaPay | Yes |
eToro | ASIC, CySEC, FCA, FSAS | 24/5 | eToro investing platform, Multi-asset platform, Copy Trader | Credit/debit cards, PayPal, Bank transfer, Neteller, Skrill, eToro Money, Online Banking | Yes |
XTB | FCA, KNF, CNMV | 24/5 | xStation 5, xStation Mobile | Credit/debit cards, Bank Transfer, Skril | Yes |
Spreadex | FCA | 24/5 | IPHONE App, IPAD App, ANDROID App, TradingView | Bank Wire Transfer, Credit cards | No |
Saxo | FSA, FCA, MAS, SEBI | 24/5 | SaxoTraderGO, SaxoTraderPRO | Bank Wire Transfer, Debit cards | Yes |
FxPro | FCA, FMA, CySEC, FSCA, SCB | 24/5 | FxPro Mobile App, MT4, MT5, cTrader, FxPro WebTrader | Credit/debit cards, Bank wire transfers, Neteller, Skrill, PayPal | Yes |
Fees & Commissions
I consider various factors when choosing an AI stock trading app in the UK. One of the most crucial ones is fees, which, from my experience, have left many with losses. You should do the same to avoid incurring unnecessary expenses that could affect your mood and activity.
Simply put, ensure the provider you settle with is affordable. Confirm all the trading and non-trading costs and budget accordingly. With many automated stock trading apps, I understand that identifying an affordable one can be daunting.
In this regard, I share a fee summary table below. It shows the fee structures of my top AI-driven stock trading apps in the UK. Feel free to compare them for informed decisions.
Fees
Best AI Stock Trading App | Fees | Minimum Deposit Requirement | Transaction | Inactivity |
---|---|---|---|---|
Pepperstone | From 0.0 pips | £0 | Free | None |
FP Markets | From 0.0 pips | £100 | Free | None |
eToro | 2 pips | £50 | £5 withdrawal | £10 monthly |
XTB | From 0.1 pips | £0 | Free | £10 monthly |
Spreadex | From 0.6 pips | £0 | Free | None |
Saxo | From £0.01 commission | £0 | Free | £100 monthly |
FxPro | From 0.1 pips | £100 | Free | £15 one-off maintenance fee |
Apps Reviews
I am an experienced trader and investor with years of experience in the financial space. I have also worked with some of the top financial institutions in the UK. I believe in my expertise. That is why I make recommendations that transform people’s activities.
Today, I offer my expert opinion and a comprehensive overview of the top AI stock trading apps in the UK. Through diligent analysis and evaluation, I present my insights into these innovative apps, highlighting their key features and overall performance for informed decisions.
1. Pepperstone – Best For CFD Trading
I like Pepperstone for CFD trading because of its major focus on this derivatives trading method. Before ranking it in this category, I took some time to explore its features. The AI trading feature is available on its cTrader, MT4, and MT5 platforms.
I utilised the MT4 platform’s Capitalise.ai tool, which is known for its code-free best AI for trading. As a result, I easily customised my activities while limiting the risks of manual trading.
I discovered over 2,700 CFD and spread betting instruments at Pepperstone. These include forex, shares, commodities, indices, and ETFs. The best element about having multiple asset classes on one platform is that you can easily diversify your portfolio.
The app’s CFD trading fees are low, starting from 0.0 pips on forex. The low costs allow newbies and low-budget traders to explore the world of AI stock trading.
Besides CFD and spread betting assets, Pepperstone features social trading. Through the app’s Myfxbook automated trading system, users can copy trades from successful trading systems. I also like that Pepperstone has no minimum deposit requirement for UK traders. And, it offers numerous learning resources for skills development.
Pros
- A user-friendly and intuitive AI trading platform
- cTrader, MT4, and platforms for AI trading
- Social and copy trading platforms
- Low spreads starting from 0.0 pips
Cons
- Limited asset offerings compared to its peers
- No buying and taking full ownership of the featured securities
After evaluating Pepperstone, we opened a trading account for conducting extensive tests. The process was quick and easy.
But what impressed us most was the Pepperstone minimum deposit requirement. This platform has no minimum deposit, which makes it ideal for low-budget and high-budget traders. If you are a beginner, joining this broker is advisable since you can start with a low amount and increase your stakes with time. To top it off, Pepperstone supports free deposits and withdrawals. This broker allows you to use diverse payment methods for free, from Visa debit and credit cards to PayPal and domestic bank transfers.
When it comes to spreads and commissions, Pepperstone is very cost-friendly. You can open a Razor account with this broker and enjoy 20 commission-free trades. Pepperstone’s Standard accounts also have zero commissions. On the other hand, spreads start from as low as 0.0 pips for forex pairs like EUR/USD and 0.5 for commodities like XAUUSD.
Finally, unlike most of its peers, Pepperstone charges zero inactivity fees. However, any positions you hold overnight with this platform are subject to swap rates. Visit Pepperstone’s pricing page for a detailed account of how this broker calculated swap rates for different financial instruments.
2. FP Markets – Overall Best
FP Markets is one of the stock trading apps that strives to support all types of traders. My tests discovered a user-friendly and modern design interface. Plus, setting up an account involves simple procedures. I believe any trader can get started at FP Markets with no guidance.
When it comes to the minimum deposit requirement, FP Markets has one of the lowest. I got started with only £100 and zero transaction charges. While the app charges both commissions and spreads, they are among the lowest. I highly recommend the app to active and budget-conscious traders.
AI trading is available on FP Markets’ MT4 and MT5 platforms, where I explored Autochartist and Autotrade features by Myfxbook. This made it easier for me to interact and automatically replicate potentially profitable positions from expert traders. Plus, the app’s TradeMedic AI-powered tool helped me generate hyper-personalised reports for informed decisions.
Besides the MT4 and MT5 platforms, FP Markets offers access to cTrader, TradingView, and Iress platforms. I find the Iress to suit stock traders more, considering over 10,000 shares it lists. Plus, it offers users access to DMA features that enable them to connect directly with liquidity providers
Pros
- Low minimum deposit
- Multiple AI-powered trading platforms, including MT4 and MT5
- Over 10,000 CFD securities to choose from
- Quality learning and research materials offered
Cons
- No price plan
- Only CFD assets supported
Before going any further, note that the FP Markets minimum deposit is £100. You can’t fund your account with anything less than the mandated amount. Also, as a trader, expect to cover stipulated FP Markets fees and commissions. Let’s expound on that.
FP Markets has different trading and non-trading fees. However, the costs you will likely incur depend on where you are from. Take London as an example. If you’re from this city, you’ll incur a 0.10% commission per side while trading equity CFDs. You’ll also have to pay a £60 monthly fee if you use Iress Trader or ViewPoint.
But here’s the good news. You won’t incur additional costs while depositing or withdrawing money from your FP Markets trading account. Moreover, unlike many other brokers, this service provider doesn’t have inactivity fees for dormant accounts.
Please visit FP Market’s official site for a comprehensive overview of all fees and commissions.
3. eToro – Beginner-Friendly
I have explored numerous AI stock trading apps, and I must admit that eToro is beginner-friendly. Not only is it user-friendly, but it also hosts a wide range of learning resources. These include guides, articles, recorded videos, webinars, and more. Beginners will definitely find these resources useful for their skill development.
I discovered more than 6,200 stocks from 20+ exchanges on eToro’s app. The best part is that whether you want to invest in stocks, whole units, or fractional shares, you can start with as little as £10. Simply create an account and make a deposit of at least £50 to get started.
Besides stocks, eToro’s app hosts additional securities, including forex, commodities, ETFs, and indices. It offers a diverse range of opportunities for newcomers.
Another standout feature I discovered at eToro is its social and copy trading platform (CopyTrader). Here, users get to socialise and effortlessly replicate the strategies of professional traders. The app automates trade replication while allowing users to define their strategy and set risk management controls like stop-loss orders.
Pros
- User-friendly and intuitive design for automated trading
- Low minimum deposit requirement
- Copy trading platform supported by social trading features
- Abundance of learning materials
Cons
- Withdrawal fees apply
- Market analysis tools may be limited for professional traders
If there’s anything that can eat away at your profit margins, it’s unnecessary costs. Thankfully, eToro fees UK are reasonable and pocket-friendly. We acquired a new account without paying a single cent, which was quite a relief. We also noticed that you can enjoy free deposits by using USD. That said, eToro supports many other currencies, including GBP, EUR, and RMB.
You will incur conversion fees if you use any currency other than USD. And if you use any currency that eToro doesn’t support, you must pay conversion fees to your payment provider. The exact conversion fees you may incur at any moment will depend on various factors, including your preferred currency and payment method.
Please note that eToro subjects each withdrawal request to a £5 fee. The platform uses this money to pay expenses arising from international money transfers. Most importantly, you can’t withdraw less than £30 from the eToro trading platform.
While depositing money into our account, we noticed that eToro has strict minimum deposit requirements. Britons using this platform have to deposit at least £100 the first time. Afterwards, you can fund your account with as little as £10, depending on your preferred payment method.
Commission-wise, eToro is very friendly to people who trade ETFs or invest in real stocks since the broker charges 0% for these assets. On the other hand, if you buy or sell crypto on this platform, expect to pay a 1% fee. CFD trading also attracts variable spreads depending on the involved instruments. For instance, the spreads for currencies and commodities start from 1 pip and 2 pips, respectively.
Not to forget, eToro charges a £10 monthly inactivity fee that kicks in after 12 months of dormancy.
4. XTB – One of the Cheapest Options
For those looking for a cheaper AI stock trading app with quality trading tools, XTB is a viable choice. The app only has a minimum deposit requirement of £5, with spreads as low as 0.1 pips. Moreover, getting started with this app is pretty straightforward, and there are no transaction charges when making deposits and withdrawals.
Besides being a low-cost trading app, XTB is the home for over 3,400 stocks across 14 global markets such as the USA, Germany, and the UK. These include world-renowned options like Tesla, Microsoft, Google, Apple, Netflix, and more. My tests confirmed that you can invest in/buy these stocks or trade them as CFDs.
The best element about trading stocks with this AI-powered app is that you will incur low trading fees. There are zero commissions, which apply when you invest up to €100,000 of equivalent monthly turnover for accounts in any currency. For investments above this limit, there is only 0.2% commission (minimum £10). Please note that a currency conversion fee of 0.5% may apply.
I also tested the app’s support team reliability. Its professionals were very responsive and offered relevant solutions to raised issues and challenges. You can contact XTB’s team via email, live chat, and phone. You can also take advantage of the app’s quality learning tools to boost your skill level regarding the stock market and more.
Pros
- Free deposits and withdrawals
- £5 minimum deposit requirement
- Over 2,000 stock CFD assets to choose from
- Commission-free stock trading
Cons
- Stock trading spreads can be high for low-budget traders
- Charges a £10 monthly inactivity fee after 12 months
XTB is a cost-effective trading platform. We used a live account to assess its fees and commissions. The first applaudable aspect we noticed is setting up an account with this broker is quick and easy. Furthermore, there’s no set XTB minimum deposit requirement, and the platform supports free transactions. When it comes to withdrawals, transactions above £50 are free.
That aside, we noticed various mandates on the XTB UK trading platform during our exploration. For starters, this entity has a £10 minimum order requirement for shares from companies like the Associated British Food PLC. Additionally, it requires users to cover a 0.5% conversion fee while trading with anything besides the base currency.
Not to forget, XTB charges different spreads for different instruments and requires traders who hold open positions to cover swap costs.
5. Spreadex – Best With AIM Stocks
Looking to trade AIM stocks with market capitalisation of over £5 million using an AI-powered app? Spreadex offers these assets and more. Since its establishment in 1999, the app has excelled in providing unparalleled access to this vibrant market segment. Its extensive stock listings empower traders to diversify portfolios and explore budding companies effortlessly. I discovered thousands of stocks from over 15 countries, including the UK, Europe, Asia, and the USA.
One thing I like about this app is the opportunity it offers traders to explore the listed stocks as CFDs and spread betting. Plus, it offers additional tradable instruments like forex, commodities, and ETFs. This allows for seamless integration of AIM stocks into existing portfolios.
Spreadex’s user-friendly platform and competitive pricing add to its appeal. It has transparent charges and no minimum deposit requirement. For those seeking advanced resources, this app hosts plenty of options. Users can also benefit from its TradingView platform, known for featuring social trading and low spreads/commissions.
Pros
- No minimum deposit requirement
- Offers the opportunity to explore small-cap stocks, including those in the AIM category with a market cap of £5m+
- Free transactions and no inactivity fee
- Thousands of shares to trade as CFDs and spread betting
Cons
- No buying and taking ownership of listed stocks
- No demo account
We analyzed Spreadex’s fees and commissions since these elements can impact a trader’s profitability. The first impressive aspect that caught our attention is this broker’s £0 minimum deposit requirement. You can deposit any amount into your Spreadex account and start trading almost instantly. Furthermore, the broker charges zero account maintenance and inactivity fees.
What’s more, Spreadex has tight spreads and commissions. While trading with this broker, you can enjoy low spreads starting from 0.9 pips for GBP/USD, 0.001 pips for USD/INR, and 0.6 pips for EUR/USD. However, note that this broker charges overnight financing fees for positions held overnight.
6. Saxo – Top Option For Professional Traders
Saxo impresses me with its amazing features. It is one of the top AI stock trading apps I invest with. I love that it has a user-friendly platform that hosts an extensive array of assets and tools. This includes access to 23,000+ stocks across 50+ global markets with commissions as low as £0.01 per share. This cost-effectiveness empowers effective portfolio diversification, which is crucial for mitigating investment risks.
The SAXO app stands out for its dedication to third-party research resources and expert portfolio management services. I also like its zero minimum deposit requirement, allowing users to start exploring its stock trading services with any amount they can afford.
However, there are high minimum deposit requirements for Platinum and VIP accounts. This may present a hurdle for budget-conscious users. Despite this limitation, Saxo impresses with access to over 50,000 additional assets and versatile trading options via desktop and the SaxoTraderGO app for Android and iOS.
Pros
- Plenty of research resources
- Numerous penny stocks to explore
- A user-friendly and customisable trading platform
- Low commission
Cons
- Support service response rate can be improved
- Does not support the MetaTrader platforms
Saxo is one of the brokers in the UK with transparent fee structures. While analysing its trading and no-trading charges, we noted that the broker has no hidden charges. This makes it easier for users to plan and budget for their activities without worrying about extra charges once fully invested.
Additionally, we find Saxo affordable since it charges low commissions, starting at $1 on US stocks, ETFs, and futures. For traders interested in options and government bonds, Saxo charges low fees, starting at $0.75 and $0.05%, respectively.
When it comes to Saxo’s minimum deposit requirement, the broker has none. This means that any trader, whether new or budget-conscious, can create a trading account with the broker and start exploring the financial space. However, expect to incur a currency conversion fee, especially when you trade using a different currency from your account’s base denomination. The good news is this fee doesn’t apply to marginal collateral and can never exceed +/- 0.25%.
Financing charges for positions left overnight are also applicable at Saxo. For investors, expect to incur annual custody fees if your account holds stock, bond, or ETF/ETC positions. The exact fee will vary depending on your account. Our analysis showed that you will pay up to 0.15% for the classic account, 0.12% for the platinum account, and 0.09% for VIP accounts.
Lastly, Saxo charges fees for additional services besides those mentioned above. For instance, it imposes a $50 fee for online report requests. Plus, transactions are free, and there is no inactivity fee should your account stay idle for some time.
7. FxPro – Best With Spread Betting Options
Spread betting is one of the activities I love exploring to boost my nest egg. If you are also into this activity, FxPro is a considerable choice. After thoroughly analysing it, I discovered that it charges low fees and competitive spreads starting at an impressive 0.6 pips.
FxPro hosts multiple platforms, including cTrader, MT4, and MT5. The platforms offer advanced trading resources and automated trading features to streamline users’ activities. And besides stocks, you can trade forex, indices, metals, energy, futures, and ETFs.
To get started with this AI-powered stock trading app, a minimum deposit of £100 is required. The best part is that this app executes trades seamlessly on Android and iOS mobile devices. Overall, I find this app suitable for all types of traders. Beginners have access to quality learning materials, while the experts have third-party platforms accessibility with advanced resources.
Pros
- FxPro offers diverse spread betting options, catering to versatile trading strategies
- Competitive spreads starting at 0.6 pips
- Accessible via cTrader, MT4, and MT5
- Robust research tools
Cons
- Focus on forex and CFDs
- Possible limited market exposure
From our broker analysis and comparisons, we find FxPro to be one of the most affordable brokers for Ul clients. For starters, this broker has a free account opening procedure that takes minutes to complete. Moreover, it has a £1000 minimum deposit requirement, though you can deposit as little as £100. And when it comes to transaction costs, FxPro doesn’t impose any. We believe this makes it suitable for newbies who are sceptical about spending a lot of money and low-budget traders.
When it comes to trading charges, FxPro imposes low fees compared to other brokerage firms. For instance, forex trading attracts low fees, starting from 0.0 pips on major currency pairs. However, expect to incur additional costs for positions left overnight. There is also an inactivity fee of £10 monthly should your account remain dormant for over six months.
How to Choose the Best AI App for Stock Trading
When I was searching for a suitable AI stock trading app, I realised it wasn’t about hype or fancy graphics. It was about what really worked for me in practice. If you do not know how to find the right app, keep reading to discover the elements I prioritise.
Start by confirming an app’s regulatory status. With so many providers or brokers in the market, you do not want to fall victim to scammers. Apps hosted by FCA-regulated brokers guarantee the safety of your funds and offer a conducive trading environment.
Additionally, choose an app that employs robust encryption and secure passcode systems to prevent unauthorised access.
A platform’s performance significantly impacts your trading experience. I always check an app’s trade execution, minimal downtime, and real-time access to market data. A sluggish platform might result in missed opportunities and potential losses.
From my experience, most AI stock trading apps are free to download and install on mobile devices. However, they charge commissions/spreads for their trading services. There are also non-trading fees like inactivity, minimum deposit, currency conversion, and more. Confirm this element and settle for an app that fits your budget.
Consider the range of assets available for trading on an AI stock trading app’s platform. In this case, I would not only focus on the availability of stocks but also on other securities. These include ETFs, forex, commodities, cryptocurrencies, indices, and more. A wide array of assets allows you to diversify your portfolio and explore various trading opportunities.
Research and learning resources availability are crucial for an exciting experience. Therefore, confirm this element, whether you are new or experienced. Learning never ends, and extensive market analysis requires adequate tools. So, confirm whether an app offers access to fundamental and technical market analysis tools as well as educational resources.
Additionally, consider an app with a demo account. It is crucial to test an app’s performance and gauge your skill level before making a commitment.
Conduct thorough research by reading user reviews on platforms like Google Play, the App Store, and Trustpilot. User feedback provides valuable insights into an AI stock trading app’s performance, reliability, and overall user experience. Positive reviews indicate strengths, while negative feedback can alert you to potential issues.
How to Start with an AI Stock Trading App
Starting out with an AI stock trading app in the UK is not easy. You must be knowledgeable about the stock market and be able to identify the best trading app or broker. Fortunately, I have shared the top apps above and elements to consider to select the best.
However, do you know the steps for getting started? If you are new to the share market and are eager to learn, I share below the simple procedures.
Before I even downloaded an app, I made sure I understood what AI brings to the table. These platforms aren’t magic. They use data, pattern recognition, and machine learning to help identify trading opportunities. The real value? They crunch numbers faster than I ever could and cut out a lot of the guesswork. But I also reminded myself: AI is a tool, not a crystal ball. It’s only as good as the data it’s fed.
There are loads of AI trading apps out there, but not all are created equal. I compared a few based on their features, ease of use, fees, and supported markets. This is particularly UK stocks and ETFs, which I was most interested in. Don’t just go for the flashiest interface. Look at what’s under the hood, like whether it supports automated trading, has a solid track record, and allows you to customise alerts or strategies.
Once I found the app that fit my style, I downloaded it and signed up. The process was pretty simple. Just basic ID verification and personal info. But here’s something I didn’t skip. I double-checked the app’s security measures. Two-factor authentication? Encrypted data? FCA-regulation? It’s all essential when you’re trusting a platform with your money.
When it came time to add funds, I started small. Most apps support bank transfers or card payments, and some even accept e-wallets. I stuck to what was convenient and didn’t go all in. The key here, at least for me, was to treat it as a learning experience first, not a get-rich-quick scheme.
Honestly, this was one of the best decisions I made. Before putting real money on the line, I played around with a demo account. It gave me a feel for how trades are executed, how the AI suggestions look, and how quickly markets can move. Think of it like a flight simulator before you jump into the cockpit.
After a week or so on the demo, I felt ready to start live trading. I began with low-risk trades, often following the app’s AI-generated signals but cross-checking them with my own research. It’s tempting to just let the app do all the thinking, but I’ve found the best results come from using AI insights alongside my own judgment. Plus, I kept a close eye on performance and regularly tweaked my approach.
How We Test
At InvestingGuide, we work as a team when it comes to conducting market research and choosing the best brokerage firms. For the top stock trading apps, the process took longer than expected. We spent hundreds of hours testing and comparing over 20 providers. Some of the elements that guided us in making these choices include security, demo account, reliability, and costs.
We also visited Google Play, the App Store, and Trustpilot. We sampled some of the comments and ratings on these platforms to understand more about the apps from a user perspective. We then combined the results from the two processes to create the list above. These procedures help us to remain unbiased.
That being said, feel free to read more about our testing process at our How We Test page.
Don’t miss our detailed article about the best AI forex trading apps available in the UK.
Final Thoughts
Automated trading has saved many traders and investors a lot of time. With AI stock trading apps, managing stock trades is now easier from the comfort of your home or office. All you have to do is identify the best app from my list above.
However, having the best app doesn’t guarantee success. While it maximises your potential, you need more. For instance, learn how the share market operates and select the right equity to trade.
Additionally, stick to your plan. This is whether you had implemented stop-loss orders or had a specific budget. Discipline is key in trading. Together with continuous learning about automated trading, you will start reaping the benefits.
I like how each app is tailored to different needs, like eToro for beginners and Pepperstone for social trading. Low fees on platforms like XTB and AvaTrade are also a big plus.