I've got £10 to invest, where should I start? 💷
The world of investing can be a confusing place and getting started can be hard. That's why we've created this article. If you don't know exactly where to start, this comparison table might be a good place to begin.
Introduction
In this section, we cover some of the investment platforms on the market available to investors with £10 or less to start investing with. We’ve covered a few different asset classes, each with appropriate minimum investment amounts to suit this criteria. We’ve also listed what they offer, some of the key features of each provider, and their exact minimum.
What is a minimum?
A minimum is the lowest amount of money an investor can add to their account, to trade with. In the UK, this generally ranges anywhere between £1-£50, but can even be as high as £500 or more with certain providers of certain accounts. It is normal for an investment platform to have a minimum deposit.
What kind of assets can I invest in with £10?
Low minimums and subsequent increased access to investors are some of the biggest growth areas in the investing world. Shares, ETFs, Stocks, Shares ISAs, and even crypto are just some different areas investors can access with £10 or less.
Minimums and rewards
Remember, some providers may have low minimums, but with higher deposit amounts required to achieve certain welcome rewards, cashback or incentives. Make sure you check out all the terms and conditions associated with any offers to make sure you are eligible to any applicable criteria.
Is £10 enough to get started?
Absolutely. Investing is personal to the individual. This can be apparent in what people invest in, and of course by how much they want to invest. When it comes to it, it's important to only ever invest money you can afford to lose, and invest generally for long-term returns. £10 is ample money to get a portfolio started, and investing little and often can be an effective investing strategy for many people just starting.
Uphold
✅ £10 minimum deposit
✅ Cryptocurrencies and FX
✅ Uphold card
Uphold serves 184+ countries, across 200+ currencies (traditional and crypto). Since 2015, Uphold has powered more than $4 billion in transactions. Uphold also provides a debit card that offers cashback in XRP if you spend crypto or national currencies - with no annual or foreign currency transaction fee.
Terms apply. Crypto assets are volatile and unregulated. No consumer protection. Your capital at risk. Any profits may be subject to Capital Gains Tax. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial condition. Limited time offer. Pluto may receive a commission from the provider, at no cost to you.
Plum
✅ £1 minimum deposit
✅ AI powered money management
✅ Stocks and shares, ETFs and more
Plum is the smart money app that can help you budget, save and invest, using automation. Plum's AI adapts to your income and spending so you can be prepared for whatever life throws your way. Join with Pluto and get a £5 cashback! T&Cs and fees apply, capital at risk.
To earn your £5 cashback -> head to ‘find out more’, open an account with Plum. Have an active account (an account with minimum £0.01) after 90 days to recieve £5 cashback. T&Cs and fees apply, capital at risk. The value of investments can go down as well. Do not invest money you cannot afford to lose. Pluto may receive a commission from the provider, at no cost to you.
interactive investor
✅ 400,000+ customers
✅ Investing, ISAs and SIPPs
✅ Monthly flat-fee
interactive investor is an award-winning investment platform. They're the UK’s number one flat-fee investment platform, enabling you to easily manage ISAs, SIPPs, trading and more.
If you invest, capital is at risk. The value of investments can go down as well as up and you may receive back less than your original investment. Pluto may receive a commission from the provider, at no cost to you.
Summary
Interested in investing but don’t know exactly where to start? We would always recommend practising without any real money before you start. Try the Pluto demo (no real money) environment on the free Pluto app.
