After seven months and hundreds of hours of researching ten different share dealing brokers
, the UK.StockBrokers.com team collected thousands of data points. To focus on two brokers, we will now compare AJ Bell Youinvest vs IG Group.
First, we will compare the fees charged for dealing in the UK. There are two primary fees: the cost to place each trade and the monthly, quarterly, or annual management fee charged which varies depending on the type and size of your portfolio. We researched both to provide a single star rating for cost. IG Group is a better option with a 4.50 star rating over AJ Bell Youinvest's 3.50 star rating.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and IG Group supports ISA, SIPP and Spread Betting while AJ Bell Youinvest supports ISA, ISA - Junior, SIPP and SIPP - Junior. Next, some traders desire robust charting, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. IG Group offers its clients access to 19 charting tools while AJ Bell Youinvest has 1 charting tools, a difference of 18. AJ Bell Youinvest trails IG Group by 16 total different indicators (for example, moving averages), with IG Group offering 26 and AJ Bell Youinvest offering 10. IG Group makes basic stock alerts available to clients, while AJ Bell Youinvest does not. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. AJ Bell Youinvest makes fund research reports available to clients, while IG Group does not.
Overall, IG Group takes the upper hand with 4.50 stars over AJ Bell Youinvest's 4.00 stars. And, when it comes to individual category awards, IG Group posted awards Best in Class - Platforms & Tools, Best in Class - Mobile Trading and Best in Class - Education in 2017, while AJ Bell Youinvest found itself with Best in Class - Mobile Trading.