UK E-Brokerage Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The United Kingdom E-Brokerage Market Report is Segmented by Investor Type (Retail and Institutional) and by Operation (Domestic and Foreign). The Report Offers Market Sizes and Forecasts for the United Kingdom E-Brokerage Market in Value (USD) for all the Above Segments.

UK E-Brokerage Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Uk E-Brokerage Market Size

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E-Brokerage Market In The United Kingdom Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 713.40 Million EUR
Market Size (2030) USD 820.23 Million EUR
CAGR (2025 - 2030) 2.83 %
Market Concentration Low

Major Players

E-Brokerage Market In The United Kingdom Major Players

*Disclaimer: Major Players sorted in no particular order

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Uk E-Brokerage Market Analysis

The E-Brokerage Market In The United Kingdom Market size is estimated at EUR 713.40 million in 2025, and is expected to reach EUR 820.23 million by 2030, at a CAGR of 2.83% during the forecast period (2025-2030).

The United Kingdom's e-brokerage landscape is experiencing a significant transformation driven by the democratization of financial markets and changing investor demographics. Traditional financial institutions are adapting their services to meet evolving customer expectations, with institutional clients continuing to dominate the market, accounting for 77% of assets managed in the UK. The industry has witnessed a notable shift in market structure over the past decade, with domestically headquartered companies now handling 40% of total assets, down from 47% ten years earlier, reflecting the increasingly global nature of the UK's financial services sector.


The retail investment segment has undergone a remarkable evolution, with individual participation in the stock market reaching unprecedented levels. According to recent market research, approximately 33% of people in the United Kingdom currently own shares, while individual retail investors account for 13.5% of UK shares ownership. This democratization of investment has been particularly evident in the success of new-age trading platforms, exemplified by Freetrade's achievement of reaching one million users by October 2021, demonstrating the growing appetite for accessible investment solutions in the online brokerage sector.


The regulatory landscape continues to evolve, with the Financial Conduct Authority (FCA) implementing significant changes to enhance market integrity and investor protection. In January 2023, the FCA issued directives to UK stock brokers to improve their governance and compliance standards, particularly focusing on preventing poor conduct and enhancing checks on external hires. The regulatory body has also emphasized the need for brokers to improve their capability to handle market shocks, especially after some firms struggled with collateral calls during energy price volatility.


The market is witnessing rapid technological advancement and platform innovation, with several new trading platforms launching in the United Kingdom throughout 2023. Notable developments include the introduction of CMC Invest, specifically designed for UK investors, and HSBC's launch of HSBC Trade Solutions (HTS) in October 2022, offering integrated digital journeys for trade finance products. Additionally, INFINOX's introduction of the IX Exchange platform has expanded access to over 20,000 investments, including equities, ETFs, and bonds on major global exchanges, demonstrating the industry's commitment to enhancing trading capabilities and user experience through technological innovation in the digital brokerage space.

Segment Analysis: By Investor

Retail Segment in UK E-Brokerage Market

The retail segment dominates the UK e-brokerage market, commanding approximately 71% of the total market share in 2024. This dominance is driven by the increasing democratization of financial markets and easier access through low-cost or no-cost brokerage platforms. This segment is also experiencing the fastest growth trajectory, with millennials and Generation Z comprising the majority of retail investors in the United Kingdom. The segment's growth is primarily fueled by factors such as the availability of fractional shares, user-friendly mobile applications, and simplified account opening processes. Trading platforms have developed custom e-trading solutions specifically designed to attract this new wave of retail investors, with many offering educational resources and streamlined user interfaces. The rise of investing platforms has led to significant changes in market dynamics, with research indicating that around 13.5% of UK shares are now owned by individual retail investors, and up to 33% of people in the United Kingdom currently own shares. Low-interest rates on savings accounts and the desire for dividend income continue to be the primary motivators attracting UK retail investors to the market.

Market Analysis of E-Brokerage Market In The United Kingdom: Chart for By Investor

Institutional Segment in UK E-Brokerage Market

The institutional segment represents a crucial component of the UK e-brokerage market, comprising hedge funds, insurance firms, pension funds, and other large-scale investment entities. These institutional brokers in the UK manage substantial pools of money gathered from multiple sources and execute some of the largest trades in the market, significantly impacting share prices due to their size and importance. The segment benefits from preferential fee structures due to their high trading frequency and transaction volumes, along with access to more comprehensive market data and analysis tools compared to retail investors. Pension funds continue to represent the largest institutional customer category, followed by insurance clients who make up the second-largest segment. Institutional investors have access to sophisticated trading platforms that offer features such as advanced execution capabilities, clearing services, and efficient reconciliation systems, enabling them to manage complex investment strategies and large-scale transactions effectively.

Segment Analysis: By Operation

Domestic Segment in UK E-Brokerage Market

The domestic segment continues to dominate the UK brokerage market, commanding approximately 88% of the total market share in 2024. This substantial market presence is primarily driven by the robust financial infrastructure and regulatory framework established by the Financial Conduct Authority (FCA), which has created a secure and trustworthy environment for domestic trading activities. The segment's strength is further reinforced by the increasing adoption of digital trading platforms among UK residents, particularly through established players like Hargreaves Lansdown, AJ Bell, and Interactive Investor. The presence of fee-free trading apps and the growing popularity of stock and share investing among domestic investors have also contributed significantly to this segment's dominance. Additionally, the segment benefits from the mandatory pension schemes in the UK that require people to invest their pension savings in mutual funds or directly in stocks and bonds, further solidifying its market leadership position.

Foreign Segment in UK E-Brokerage Market

The foreign segment in the UK e-brokerage market is projected to experience the highest growth rate of approximately 3% during the forecast period 2024-2029. This growth trajectory is primarily driven by the UK's position as a global financial hub and its attractive investment environment for international investors. The segment's expansion is supported by the absence of limits on foreign investment in the UK, coupled with favorable tax regulations where non-UK residents are only required to pay UK tax on certain gains and income with a restricted UK source. Major international brokers like HSBC's InvestDirect International, Saxo Bank, and DEGIRO have been instrumental in facilitating cross-border trading activities, offering sophisticated platforms that cater to investors from multiple countries. The increasing availability of multi-currency trading accounts and the development of specialized services for expatriate investors are further catalyzing the segment's growth momentum. These platforms provide direct market access in the UK, enhancing the appeal of the UK online brokerage market share.

UK E-Brokerage Industry Overview

Top Companies in UK E-Brokerage Market

The UK e-brokerage market features prominent players like Hargreaves Lansdown, Interactive Brokers, AJ Bell, IG Group, and Fineco Bank leading the competitive landscape. Companies are increasingly focusing on technological innovation through proprietary trading platforms and mobile applications to enhance user experience and execution capabilities. There is a clear trend toward offering commission-free trading and expanding product portfolios to include cryptocurrencies and other alternative investments. Operational agility is demonstrated through cloud-based infrastructure adoption and real-time data processing capabilities. Strategic partnerships with fintech companies and educational institutions are becoming commonplace to expand service offerings and market reach. Market leaders are also investing heavily in robo-advisory services and artificial intelligence-driven trading solutions to cater to evolving customer preferences.

Market Structure Shows Dynamic Competitive Environment

The UK e-brokerage market exhibits a moderately consolidated structure with established financial institutions competing alongside innovative fintech startups. Traditional banks and investment firms maintain significant market presence through their established client relationships and comprehensive service offerings, while specialized online brokers are gaining ground through competitive pricing and technological innovation. The market is characterized by a mix of global players leveraging their international expertise and local specialists with a deep understanding of UK investor preferences. Recent years have witnessed increased merger and acquisition activity as larger players seek to acquire technological capabilities and expand their customer base.


The competitive dynamics are further shaped by the presence of both full-service brokers offering comprehensive investment solutions and discount brokers focusing on execution-only services. Market participants are increasingly differentiating themselves through specialized offerings such as educational content, research tools, and personalized advisory services. The industry has seen several new entrants targeting specific market segments, particularly younger investors and digital-first customers, while established players have responded by modernizing their platforms and service offerings to maintain market position. The market share of brokers is influenced by these strategic moves, as firms aim to capture a larger portion of the market.

Innovation and Adaptation Drive Future Success

Success in the UK e-brokerage market increasingly depends on firms' ability to balance technological innovation with regulatory compliance while maintaining competitive pricing structures. Market leaders are investing in scalable technology infrastructure to support growing transaction volumes and expanding product offerings. Customer acquisition and retention strategies are evolving to focus on personalized experiences and comprehensive educational resources. The ability to provide seamless integration across different investment products and platforms while maintaining robust security measures has become crucial for market success.


Future market share gains will likely be determined by firms' ability to adapt to changing regulatory requirements, particularly in areas of consumer protection and digital asset trading. Companies must navigate the challenge of maintaining profitability while meeting increasing demands for transparency and lower fees. Success factors include developing strong mobile trading capabilities, offering innovative investment products, and building trust through reliable execution and customer service. The market shows particular sensitivity to technological disruption and changing customer preferences, making continuous innovation and adaptation essential for both established players and new entrants. UK brokerage firms are at the forefront of these innovations, ensuring they remain competitive in a rapidly evolving landscape.

UK E-Brokerage Market Leaders

  1. eToro

  2. IG Groups

  3. Pepperstone

  4. Robinhood

  5. AvaTrade

  6. *Disclaimer: Major Players sorted in no particular order
E-Brokerage Market In The United Kingdom Concentration
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Uk E-Brokerage Market News

  • In March 2023, the United Kingdom broking firm Cenkos merged with FinnCap. Post merger both companies own a 50% share of the new firm with the company being named FinnCap. The merger will strengthen the position of both firms with an increase in clients and new customers.
  • In July 2023, American brokerage firm startup "Public" launched its services in the United Kingdom. The platform will be offering its users in the United Kingdom commission-free trading on 5,000 stocks listed in the United States. The company will be charging 30 basis points (0.3%) on each deposit for converting the British pounds into U.S. dollars.

E-Brokerage Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Convenience and Cost-Effectiveness
    • 4.2.2 Real Time Analysis of Market Available In E-Brokerage Platforms
  • 4.3 Market Restraints
    • 4.3.1 Lack of Financial Knowledge Among the Population
    • 4.3.2 Increase In Cyber Fraud with Rising Digital Investment
  • 4.4 Market Opportunities
    • 4.4.1 Rising Innovation of AI & ML in E-Brokerage Minimizing Brokers Requirement
  • 4.5 Industry Attractiveness - Porters' Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Technological Innovations in the United Kingdom E-Brokerage Market
  • 4.7 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Investor
    • 5.1.1 Retail
    • 5.1.2 Institutional
  • 5.2 By Operation
    • 5.2.1 Domestic
    • 5.2.2 Foreign

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profile
    • 6.2.1 eToro
    • 6.2.2 Peperstone
    • 6.2.3 Plus500
    • 6.2.4 Capital.com
    • 6.2.5 IG Group
    • 6.2.6 City Index
    • 6.2.7 Robinhood
    • 6.2.8 AvaTrade
    • 6.2.9 Monesta Markets
    • 6.2.10 Stocktrade*

7. MARKET FUTURE TREND

8. DISCLAIMER AND ABOUT US

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Uk E-Brokerage Industry Segmentation

E-brokerage exists as an electronic platform allowing users to trade securities through digital platforms. The United Kingdom E-Brokerage market is segmented by investor type and by operation. By investor type, the market is segmented into retail and institutional, and by operation, the market is segmented into domestic and foreign. The report offers market sizes and forecasts for the United Kingdom E-Brokerage Market in value (USD) for all the above segments.

By Investor Retail
Institutional
By Operation Domestic
Foreign
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E-Brokerage Market Research FAQs

How big is the E-Brokerage Market In The United Kingdom Market?

The E-Brokerage Market In The United Kingdom Market size is expected to reach EUR 713.40 million in 2025 and grow at a CAGR of 2.83% to reach EUR 820.23 million by 2030.

What is the current E-Brokerage Market In The United Kingdom Market size?

In 2025, the E-Brokerage Market In The United Kingdom Market size is expected to reach EUR 713.40 million.

Who are the key players in E-Brokerage Market In The United Kingdom Market?

eToro, IG Groups, Pepperstone, Robinhood and AvaTrade are the major companies operating in the E-Brokerage Market In The United Kingdom Market.

What years does this E-Brokerage Market In The United Kingdom Market cover, and what was the market size in 2024?

In 2024, the E-Brokerage Market In The United Kingdom Market size was estimated at EUR 693.21 million. The report covers the E-Brokerage Market In The United Kingdom Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the E-Brokerage Market In The United Kingdom Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

E-Brokerage Market In The United Kingdom Research

Mordor Intelligence provides a comprehensive analysis of the e-brokerage and electronic brokerage landscape in the United Kingdom. We leverage our extensive expertise in retail brokerage industry analysis. Our research thoroughly examines the evolution of digital brokerage, covering both institutional brokers UK and online brokerage segments. The report offers detailed insights into brokerage industry trends, focusing particularly on direct market access UK services and the expanding network of UK brokerage firms.

Stakeholders across the industry, from UK stock brokers to institutional brokers in the UK, benefit from our detailed market sizing and growth projections. The analysis encompasses the entire spectrum of online broker UK services. It includes comprehensive profiles of leading UK brokers list and emerging players in the e-brokerage market. Our report, available as an easy-to-read PDF download, offers strategic insights for both established direct market access brokers UK and new entrants exploring opportunities in the United Kingdom market size landscape. Special attention is given to technological advancements driving the transformation of traditional brokerage services.