We found 11 online brokers that are appropriate for Trading Penny Shares Platforms.
If you are not afraid of high risks, penny shares might be a perfect investment scheme for you. This is due to their liquidity levels, which are normally very low and more volatile than blue-chip stocks. The process of purchasing a penny share can be difficult, as you sometimes need to trade outside of London's stock exchange.
The title 'penny shares' cannot be described with a single definition, as all UK stocks are called 'penny stocks'. Nevertheless, companies under the London stock exchange are not priced in pounds, but in pennies. As a result of this, it is generally known that UK penny shares are stocks that do not cost more than £1, and they carry out trades outside of the major stock exchange. This implies that penny shares are usually traded on the AIM (also known as the 'Alternative Investment Market'), while it is traded on over-the-counter markets in other situations.
Either way, penny shares are normally from companies that have not yet gained a foothold in the industry. This may be because their basic business model has not yet been proven, or because they are newly established. The latter implies that the chance for development is important. If any penny share company is able to rise in the London Stock Exchange, its stock rate can increase.
However, penny shares also come with risks, as is the case with other investment streams. As mentioned before, penny shares have low liquidity levels and are very volatile, which implies that there is a higher chance of incurring a loss compared to the stable, established, and strong, blue-chip stocks. Also, it is common for a penny share's value to increase, which a buyer may find difficult to notice.
One of the reasons investors choose penny shares is their low entry barrier. The price of one share is meager. To that extent, you can purchase large amounts of stocks. For instance, ASOS has an initial price listing of about 24p, and if you made an investment of £1,000, the total number of shares you are going to have will be 4,166 shares. For companies like British American Tobacco, with the current price listing of about 2,785p, you would only get 37 shares. Similarly, if the company involved with penny shares does not succeed in a short amount of time, you still have the opportunity to possess a higher number of stocks.
There are several hundred penny shares to pick from in the UK, such as those in the AIM, which lists more than 850 companies of different industries and sectors. Unlike the FTSE 100, which has no more than a hundred companies. This permits you to diversify over dozens of various penny shares. In supposition, you only need to choose one to be successful.
people get involved with penny shares because they believe that they can generate a large number of profits. If you are searching for penny shares to help you succeed, you should be searching for a four-figure percentage return. But almost no penny shares can attain this goal.
Before purchasing penny shares, you need to know the risks involved. The risks include:
We have conducted extensive research and analysis on over multiple data points on Penny shares to present you with a comprehensive guide that can help you find the most suitable Penny shares. Below we shortlist what we think are the best Penny shares platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Penny shares.
Selecting a reliable and reputable online Penny Shares Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Penny Shares Platforms more confidently.
Selecting the right online Penny Shares Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Penny shares platforms trading, it's essential to compare the different options available to you. Our Penny shares platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Penny shares platforms broker that best suits your needs and preferences for Penny shares platforms. Our Penny shares platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Penny Shares Platforms.
Compare Penny shares platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Penny shares platforms broker, it's crucial to compare several factors to choose the right one for your Penny shares platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Penny shares platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Penny shares platforms that accept Penny shares platforms clients.
Broker | XTB | AvaTrade | SpreadEx | Trading212 | forexmart | Robinhood | hdfcsecurities | icicidirect | sharekhan | Zerodha | eoption |
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Regulation | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Unregulated |
Min Deposit | No minimum deposit | 100 | 1 | 1 | 1 | No minimum deposit | No minimum deposit | No minimum deposit | No minimum deposit | No minimum deposit | 500 |
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Used By | 1,000,000+ | 300,000+ | 10,000+ | 15,000,000+ | 10,000+ | 10,000,000+ | 2,000,000+ | 2,000,000+ | 1,500,000+ | 1,500,000+ | 10,000+ |
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Platforms | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web) |
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Learn More |
Sign
Up with xtb |
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Up with avatrade |
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Up with spreadex |
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Up with trading212 |
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Up with forexmart |
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Up with robinhood |
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Up with hdfcsecurities |
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Up with icicidirect |
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Up with sharekhan |
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Up with zerodha |
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Up with eoption |
Risk Warning | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
Demo |
XTB Demo |
AvaTrade Demo |
SpreadEx Demo |
Trading 212 Demo |
ForexMart Demo |
Robinhood Demo |
HDFC Securities Demo |
ICICI Direct Demo |
Sharekhan Demo |
Zerodha Demo |
eoption Demo |
Excluded Countries | US, IN, PK, BD, NG , ID, BE, AU | BE, BR, KP, NZ, TR, US, CA, SG | US, TR | US, CA | RU | CU, IR, KP, SY, UA |
You can compare Penny Shares Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Penny Shares Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Penny shares platforms below.