Is E*TRADE Available in the UK? Alternatives For 2024

E*TRADE is one of the most significant players in the finance world, with more than 40 years of history. So, if you’re here, you probably want to join the party via the UK and want to know if E*TRADE is available in the UK. Let me spare you from those never-ending introductions and let you know that E*TRADE is not available in the UK and most European countries. Unfortunately, there are several US platforms that are not available in the UK, such as Thinkorswim and TD Ameritrade.

Now that we’ve established a common ground let us be the barrier of great news: there are great E*TRADE UK alternatives for you! This means brokers with zero commissions, an extensive catalogue of financial products, top-notch regulation and user-friendly interfaces.

Platform	Best For	Minimum Deposit	Products	Fees
eToro	Social Investing and ETF & Stock Trading	$100	Real Stocks, ETFs, Forex and CFDs on Stocks, ETFs, Cryptos and Commodities	0% commissions on stocks and ETFs (spreads apply)
Interactive Brokers	Intermediate & Day Traders	€/$/£0	Stocks, ETFs, Bonds, Forex, Funds, Commodities, Options, Futures and CFDs	Up to $0.0035 per stock (min: $0.35)
Hargreaves Lansdown	Reliability and Security	€/£0	Stocks, ETFs, investment trusts, funds, gilts and bonds	From £5.95 per order for stocks, ETFs, investment trusts and gilts
InvestEngine	ETFs	€/£100	ETFs	0% commissions on stocks and ETFs (spreads apply)

We’ve navigated the vast landscape of brokerage services to present you with the top E*TRADE alternatives in the UK for 2024. Brace yourself as we journey through platforms that span from community-driven trading to sophisticated analytical instruments. Your next favourite broker could be just around the corner.

Is E*TRADE Available in the UK?

If you’re a UK-based investor who’s been eyeing E*TRADE, you’re likely wondering whether this renowned platform is available in your region. E*TRADE, a popular US-based platform, is known for its comprehensive trading tools, educational resources, and competitive pricing, making it a go-to choice for many investors worldwide. But can you, as a UK resident, tap into these offerings?

The short answer is, unfortunately, no. As of now, E*TRADE does not offer its services to UK residents. This restriction may be disappointing, especially if you were looking forward to leveraging E*TRADE’s robust features for your trading activities.

However, don’t let this dampen your spirits. In the next section, we will discuss some tasty E*TRADE UK alternatives tailored to multiple investor profiles.

E*TRADE UK Alternatives

We’ve compiled this list of E*TRADE UK alternatives based on factors such as ease of use, fees, product catalogue, educational resources, security, and regulation. Check out our selection below.

eToro​ – Best for Social Investing and ETF & Stock Trading

eToro is like the social media of trading. It’s user-friendly and lets traders connect with each other. The platform is clean, easy to use, and lets you see and copy what experienced traders are doing. This “copy trading” is what sets eToro apart.

Building on its commitment to offer versatile financial solutions, eToro has entered into a strategic collaboration with Moneyfarm. This partnership aims to furnish eToro’s UK clientele with a top-tier ISA (Individual Savings Account) solution. What’s remarkable about this initiative is that clients will benefit from an award-winning stocks and shares ISA, powered by Moneyfarm, directly through the eToro app.

While it might not have as much data as other platforms, eToro makes up for it with great learning tools. They offer helpful articles, videos, and courses for traders of all levels.

One big plus is that eToro doesn’t charge any commission on stocks and some ETFs. But if you’re into crypto trading, keep in mind there are fees. And if you don’t use your account for a long time, there’s a small charge.

For those in the UK looking for something like E*TRADE, eToro is a top pick. It’s also overseen by the UK’s main financial watchdog, the Financial Conduct Authority, so it’s safe and reliable.

Interactive Brokers – Best for Intermediate & Day Traders

Interactive Brokers stands out for its huge variety of products. It’s very flexible, with tons of data and chart options. But a heads up, it might feel a bit complex for those just starting out. If you’re unsure, you can try their demo account.

They also offer lots of learning tools. There’s a good mix of articles to help you understand trading and the markets.

One big plus is their low fees. They don’t charge for having an account, and there are no hidden extras.

Safety is a priority at Interactive Brokers. They’re under the watchful eye of the UK’s Financial Conduct Authority. And if you ever get stuck, they’re just a chat, call, or email away. All in all, it’s one of the top investment platforms.

Hargreaves Lansdown – Best for Reliability and Security

Hargreaves Lansdown has a sleek desktop look and an even better mobile app. They’ve packed it with learning tools, making it great for those wanting to learn more.

While they might not be the cheapest option for day traders, they’re ideal if you plan to buy and keep shares for a while. Being a long-standing UK company means they’ve weathered market ups and downs.

They have a broad range of products, with the trust of the UK’s top financial regulator, the FCA. They’re also listed on the stock market. It’s a solid pick, especially for those new to intermediate in investing and less into day trading.

InvestEngine – Best for ETFs

InvestEngine is the go-to for ETF enthusiasts, boasting over 500 options. Its clean and user-friendly design ensures a smooth experience for users. From the dashboard, it’s straightforward to add funds, buy or sell assets, and see investment forecasts.

They don’t charge for foreign exchange or trading, and there’s no fee for self-managed portfolios. If you opt for a managed portfolio, there’s a small 0.25% account fee. Do remember, though, that fees for individual ETFs still apply.

If ETFs are your thing, InvestEngine is a top choice. Plus, it’s fully regulated by the UK’s Financial Conduct Authority, ensuring peace of mind.

Conclusion

Deciding on an online broker can be daunting. It’s easy to get overwhelmed by the many options out there. If you’ve come this far, you were curious about E*TRADE’s availability in the UK.

While E*TRADE isn’t an option in the UK right now, we’ve highlighted four top alternatives for you.

Platform	Best For	Minimum Deposit	Products	Fees
eToro	Social Investing and ETF & Stock Trading	$50	Real Stocks, ETFs, Forex and CFDs on Stocks, ETFs, Cryptos and Commodities	0% commissions on stocks and ETFs (spreads apply)
Interactive Brokers	Intermediate & Day Traders	€/$/£0	Stocks, ETFs, Bonds, Forex, Funds, Commodities, Options, Futures and CFDs	Up to $0.0035 per stock (min: $0.35)
Hargreaves Lansdown	Reliability and Security	€/£0	Stocks, ETFs, investment trusts, funds, gilts and bonds	From £5.95 per order for stocks, ETFs, investment trusts and gilts
InvestEngine	ETFs	€/£100	ETFs	0% commissions on stocks and ETFs (spreads apply)

Always remember, this isn’t financial advice – always conduct your own research!

We trust this guide has illuminated some standout Etrade substitutes for those in the UK, showcasing what sets each apart.

Happy investing!