To find a right broker for share dealing
, we spent seven months and hundreds of hours of assessing 12 different share dealing brokers based in the UK. Here, we will focus on two brokers and compare AJ Bell Youinvest vs IG Group.
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched both to provide a single star rating for cost. IG Group's score is 4.50 stars versus AJ Bell Youinvest's 3.50 stars.
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and IG Group offers clients ISA, SIPP and Spread Betting while AJ Bell Youinvest offers ISA, ISA - Junior, SIPP and SIPP - Junior. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. AJ Bell Youinvest trails IG Group by 18 total charting tools, with IG Group offering 19 and AJ Bell Youinvest offering 1. IG Group offers its clients access to 26 different indicators (for example, volume) while AJ Bell Youinvest has 10 available indicators, a difference of 16. IG Group has basic stock alerts, AJ Bell Youinvest doesn't. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. AJ Bell Youinvest has fund research reports, IG Group doesn't.
Overall, between AJ Bell Youinvest and IG Group, IG Group is the winner
AJ Bell Youinvest Review
IG Group Review