Penny Stocks UK Broker for 2021

We found 11 online brokers that are appropriate for Trading Penny Stocks Investment Platforms.

Penny Stocks UK Broker Guide

Updated October 13, 2021

Penny Stocks UK Broker

Penny Stocks are those companies that are small & amp; their share price is also low. The most crucial reason that penny stocks are so popular among new & amp; seasoned investors is their spectacular ROI (return on investment). It is common for these low-priced stocks to show gains of +100%, +200, and so on.

Due to these spectacular gains, many speculations goes into these penny stocks. So the best choice is to choose those stocks that have a healthy volume. Choosing a low-priced share that has very low volumes is never a good idea to start with. If people are showing interest in a small company all of a sudden, it means something is going on!

Benefits of Trading Penny Stocks

There are multiple benefits of trading these cheap shares in the UK market. Let's take a look at some of them

Cheap Share Prices

Instead of buying big-name shares like Google, Amazon, Tesla whose, share prices are in hundreds & amp; thousands, you can choose penny stocks. These stocks are usually available at rates under $10.

Chance Of Massive Returns

It is a common sight for stock prices of small companies to gain +100%, +200%, and so on. For example, if company A's share price moves from $1 to $2, it means it has gained a +100% return. One can only seldomly see such returns on blue-chip stocks.

Less Exposure

Once again, due to the lower share prices, your exposure is less. For example, buying 1000 shares of a blue-chip stock (price $100) would cost you $100,000. On the other hand, buying 1000 shares of a penny stock (price$1) would only cost you $1000.

Risks of Trading Penny Stocks

With great returns also comes the possibility of greater risk. Similarly, these stocks could gain +100% easily, and they can also become worthless and go bankrupt. The main benefit of trading a blue-chip & amp; big company is that the company's chances of going bankrupt are meagre.

With less fluctuation of blue-chip shares, the chances of massive drawdowns are also low. On the other hand, your penny stock could go from $2 to $1. In this $1 drop, your drawdown would become 50%.

So you could say that it is a double-edged sword to trade these stocks.

Top Penny Stocks to Trade

Now that you understand that these small companies have explosive growth potential as well as a substantial risk, let's take a look at some of the top penny stocks.

EGAIN (eGain corporation)

It is a US-based software company offering its software as a service for other companies. Their primary offering is cloud software that their client companies can use to automate customer engagement. It features machine learning and AI-powered analytics.

DUOT (Duos Technologies Group)

DUOT (Duos Technologies Group)

This AI technology company is based in Florida, USA. The company's main application is the automated inspection of rail cars. What's makes this inspection even more interesting is that it is done while the rail cars are in motion.

Another important application is securing the tunnels and bridges. The company is offering this to Homeland security.

CMCM (Cheetah Mobile)

This is a Chinese mobile company that specialises in mobile apps. The company has a lot of famous mobile apps with 634 million+ active users. Some of the apps offered by the company are Clean Master, Security Master, CM Browser and CM Launcher. All of these apps have been downloaded millions of times.

LAIX (Laix inc.)

This is a tech-focused Chinese company founded in 2013. The company utilises modern AI technologies and is offering unique educational products. One of the products is an AI teacher that teaches English to users. You can see the type of potential Laix has over the coming years or even months.

AITX (An AI company)

This is an artificial intelligence-focused company with a focus on the security and monitoring industry. Right now, the company is offering many robotic and AI solutions for security and monitoring.

KXSCF (Kinaxis)

This is a Canadian-based company listed on Toronto Stock Exchange. The company offers software for supply chain management, operation planning, and sales.

Using AI, companies can use this product to plan future decisions and upcoming risks.

BB (BlackBerry Limited)

BlackBerry was once the industry leader in providing advanced mobile phones. Since the arrival of Apple and Android mobiles, the company has lost its edge and major market portion.

BlackBerry was targeted recently by Reddit just like Gamespot, which means it has prospects of receiving massive gains.

How To Choose A Good UK Penny Stock Broker

Penny stocks known as microcap stocks attract tons of attention from all investors (old & amp; new). Just like the rest of the world, these cheaply priced stocks are also popular in the UK. Now that we understand what microcap stocks are, their benefits & amp; and risks, let's take a look at what things you should consider for choosing a broker to trade these microcap stocks.

Trading Restrictions

Trading Restrictions There should be no limitations or restrictions on trading. Some brokers only accept trades in these stocks by placing a phone call. Some might have a different platform for these microcap stocks. Ideally, you should be able to trade these cheap stocks from the same platform.

Commissions

Commissions Since these stocks are very cheap; some platforms use the dodgy technique of charging hefty commissions for trading these stocks. Ideally, it would help if you were looking for little to zero commission for trading.

Volume Restrictions

Volume Restrictions Some brokers limit the number of shares you can trade in a single order. Since they charge a commission on each order, they can earn more money from the trader. Be vary of such volume restrictions placed by the broker.

We've collected thousands of datapoints and written a guide to help you find the best Penny Stocks UK Broker for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Penny Stocks Investment Platforms below.

Reputable Penny Stocks UK Broker Checklist

There are a number of important factors to consider when picking an online Penny Stocks Investment Platforms trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Penny Stocks Investment Platforms.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Penny Stocks Investment Platforms of 2021 compared

Here are the top Penny Stocks Investment Platforms.

Compare Penny Stocks Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Penny Stocks Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Penny Stocks Investment Platforms that accept Penny Stocks Investment Platforms clients

Broker XTB Trading212 SpreadEx Swissquote forexmart hdfcsecurities icicidirect sharekhan Zerodha Robinhood eoption
Rating
Regulation Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC) 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 Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Unregulated
Min Deposit No minimum deposit 1 1 1000 1 No minimum deposit No minimum deposit No minimum deposit No minimum deposit No minimum deposit 500
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 250,000+ 15,000,000+ 10,000+ 300,000+ 10,000+ 2,000,000+ 2,000,000+ 1,500,000+ 1,500,000+ 10,000,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • MAM/PAMM account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, ZuluTrade, 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)
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
xtb
Sign Up with
trading212
Sign Up with
spreadex
Sign Up with
swissquote
Sign Up with
forexmart
Sign Up with
hdfcsecurities
Sign Up with
icicidirect
Sign Up with
sharekhan
Sign Up with
zerodha
Sign Up with
robinhood
Sign Up with
eoption
Risk Warning 74% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Losses can exceed deposits Losses can exceed deposits 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
Trading 212
Demo
SpreadEx
Demo
Swissquote
Demo
ForexMart
Demo
HDFC Securities
Demo
ICICI Direct
Demo
Sharekhan
Demo
Zerodha
Demo
Robinhood
Demo
eoption
Demo
Excluded Countries US, IN, PK, BD, NG , ID, BE, AU US, CA US, TR US CU, IR, KP, SY, UA


All Penny Stocks Investment Platforms in more detail

You can compare Penny Stocks Investment 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 Stocks Investment Platforms for 2021 article further below. You can see it now by clicking here

We have listed top Penny Stocks Investment Platforms below.

Penny Stocks UK Broker List

XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 74% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Swissquote
(3/5)
Min deposit : 1000
Swissquote was established in 1999 and is used by over 300000+ traders. Losses can exceed deposits Swissquote offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
forexmart
(3/5)
Min deposit : 1
ForexMart was established in 2015 and is used by over 10000+ traders. Your capital is at risk ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,WEB,desktop

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
hdfcsecurities
(3/5)
Min deposit : 0
HDFC Securities was established in 2000 and is used by over 2000000+ traders. Your capital is at risk HDFC Securities offers Demat Account, Trading Account, NRI Account, Commodity Trading, Currency Trading, Mutual Fund Account, NPS Account.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
icicidirect
(3/5)
Min deposit : 0
ICICI Direct was established in 1994 and is used by over 2000000+ traders. Your capital is at risk ICICI Direct offers Equity Trading, Derivatives Trading, Mutual Fund & IPO, Fixed Deposit, Bond, NCD, wealth products.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
sharekhan
(3/5)
Min deposit : 0
Sharekhan was established in 2000 and is used by over 1500000+ traders. Your capital is at risk Sharekhan offers Equity, Commodities, Mutal funds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
Zerodha
(3/5)
Min deposit : 0
Zerodha was established in 2010 and is used by over 1500000+ traders. Your capital is at risk Zerodha offers Stocks, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
Robinhood
(3/5)
Min deposit : 0
Robinhood was established in 2013 and is used by over 10000000+ traders. Your capital is at risk Robinhood offers Stocks, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
eoption
(3/5)
Min deposit : 500
eoption was established in 2008 and is used by over 10000+ traders. Your capital is at risk eoption offers Forex trading, CFD trading, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account

Learn more Learn more about XTB.
74% 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.