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Ranking ยท For beginners

The best brokers for beginners

If you're opening your first account, different criteria matter than for an experienced investor: a simple interface, support in your own language and the absence of surprise costs (like inactivity fees) matter more.

1

Hargreaves LansdownBest pick

The UK's largest platform, with the widest range of accounts and investments, and consistently top-rated customer service including UK-based phone support โ€” reassuring for a first-time investor, even at a higher cost than rivals.

Platform fee: 0.35%Accounts: ISA, SIPP, LISA, JISA
Full review โ†’
2

interactive investor

A flat monthly fee bundles your ISA, SIPP and Trading Account together, with a wide investment range โ€” a solid, predictable choice, though the fixed fee is a bigger share of a very small pot.

Cost: ยฃ5.99/monthAccounts: ISA, SIPP, GIA, Junior ISA
Full review โ†’
3

InvestEngine

A 0% platform fee makes the cost side very simple for a beginner, but the ETF-only range means you can't hold individual shares โ€” best suited to someone happy to start with a simple ETF portfolio.

Platform fee: ยฃ0Accounts: ISA, SIPP, GIA
Full review โ†’

How we chose

For this ranking we gave most weight to: quality and availability of customer support (including phone support), simplicity of the account-opening process, and the breadth of accounts available should your needs grow (for example, adding a SIPP later). We left Trading 212 out of this specific ranking: its 0% fees are excellent, but the absence of a SIPP and phone support makes it a better fit for a confident beginner than an absolute first-timer โ€” the full review explains the trade-offs.

Frequently asked questions

What's the most important factor for a beginner?
For a first-time UK investor, having a Stocks & Shares ISA and confidence in the support available if something goes wrong often matters more than shaving the last few pounds off the platform fee.
Is it worth starting with a regular investing plan?
For many beginners, yes, because it automates investing with small, regular amounts โ€” see our dedicated ranking of the best brokers for regular investing.