Choosing the UK’s Best Futures Trading Platforms is an extremely personal journey. Whether you are saving for retirement in a SIPP account or seeking tax-efficient wealth growth through a Stocks and Shares ISA, there are plenty of investment choices to choose from and fees to compare. You can also factor in a number of other considerations such as the range of investment options and trading software.
The best online trading platforms offer an intuitive trading interface with a variety of features and tools to help you manage your investments. The platform fees charged by a trading broker can vary, but it is important to understand how these apply and how they affect your profit potential. Some trading platforms also allow you to deposit funds via bank transfer, credit or debit card and e-wallet services.
UK’s Best Futures Trading Platforms: Pros & Cons
Futures trading is a way of speculating on the price movements of a specific financial instrument such as crude oil, gold or stock indices like FTSE 100. By using leverage, traders can trade larger sums than the amount of money they invest upfront, magnifying their gains and losses. However, profits made from futures trading are taxable in the same way as CFD trading, with capital gains taxes applying depending on your individual tax status.
IG is an FCA-regulated UK broker offering comprehensive market access and reliable trading execution. Its user-friendly investing platform, diverse product range and competitive pricing structure make it a popular choice for UK traders.
