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.
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.