Stockbrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

Saxo Markets vs AJ Bell Youinvest 2020

Your capital is at risk.
Is AJ Bell Youinvest better than Saxo Markets? After scoring UK share dealing accounts on over 40 different variables, Saxo Markets is better than AJ Bell Youinvest. Saxo Markets offers UK residents an excellent share dealing experience by combining the brilliant SaxoTraderGO web platform with over 30,000 international products to trade. While Saxo Markets trails discount competitors in pricing, overall, it is our top broker for share dealing in 2020.

Overall Rating

Feature Saxo Markets AJ Bell Youinvest
Overall 5 4
Saxo Markets Review AJ Bell Youinvest Review

Trading Fees

Feature Saxo Markets AJ Bell Youinvest
Share Trading: 0-9 Deals/ Month
0.10% (£8 min) £9.95
Share Trading: 10-19 Deals/ Month
0.10% (£8 min) £4.95
Share Trading: 20+ Deals/ Month
0.10% (£8 min) £4.95
Annual Custody Fee: £0 - £250,000*
0.12% (min. €120 or £ equivalent) 0.25% (Max £7.50 per quarter)
Bonds - Government (Gilts) - Fee
0.20% (min. £72) £9.95
ETFs - Fee
0.10% (£8 min) £9.95
Investment Trusts - Fee
0.10% (£8 min) £9.95
Telephone Dealing Fee*
£50.00 £29.95
Commissions & Fees 3.5 4
Winner check_circle

Platforms & Tools

Feature Saxo Markets AJ Bell Youinvest
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
Yes No
Charting - Indicators / Studies
49 10
Charting - Drawing Tools
17 1
Charting - Notes
Yes No
Charting - Display Corporate Events
No Yes
Charting - Stock Overlays
Yes Yes
Platform & Tools 5 3
Winner check_circle

Research

Feature Saxo Markets AJ Bell Youinvest
Research - Shares
Yes Yes
Research - CFDs
Yes No
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
Yes Yes
Research - Bonds
Yes Yes
Portfolio Allocation Breakdown
Yes Yes
Research 4.5 4
Winner check_circle

Investments

Feature Saxo Markets AJ Bell Youinvest
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
Yes Yes
Bonds - Government (Gilts)
Yes Yes
Investment Trusts
Yes Yes
Spread Betting
No No
Advisor Services
No No
Offering of Investments 4.5 3
Winner check_circle

Education

Feature Saxo Markets AJ Bell Youinvest
Has Education - Share Trading
Yes Yes
Has Education - Funds
No Yes
Has Education - Retirement
No Yes
Client Webinars
Yes No
Client Webinars (Archived)
Yes Yes
Education 3.5 3.5

Overall

Feature Saxo Markets AJ Bell Youinvest
Saxo Markets Review AJ Bell Youinvest Review
Overall 5 4
Winner check_circle

Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts for buying shares online in the UK. In total, 46 individual variables were assessed. For this review, we will compare AJ Bell Youinvest vs Saxo Markets.

Which broker is cheaper: AJ Bell Youinvest or Saxo Markets?

It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. AJ Bell Youinvest received a rating of 4.00 stars over Saxo Markets's 3.50 stars.

Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.

1 Trade Per Month - AJ Bell Youinvest only charges £149.40 while Saxo Markets charges £204.00.

3 Trades Per Month - AJ Bell Youinvest is cheaper under this scenario. AJ Bell Youinvest would cost £388.20 while Saxo Markets would cost £396.00.

10 Trades Per Month - AJ Bell Youinvest is the cheaper option. Fees with AJ Bell Youinvest would be £624 while fees with Saxo Markets would be £1068.

20 Trades Per Month - AJ Bell Youinvest costs less in this case. AJ Bell Youinvest charges £1218 while Saxo Markets charges £2028.

The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio Saxo Markets charges 0.12% (min. €120 or £ equivalent) while AJ Bell Youinvest charges 0.25% (Max £7.50 per quarter) .

Does AJ Bell Youinvest or Saxo Markets offer a wider range of investment options?

Saxo Markets offers a more diverse selection of investment options than AJ Bell Youinvest. Saxo Markets offers investors access to ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Is AJ Bell Youinvest or Saxo Markets better for research?

Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Saxo Markets is better for research than AJ Bell Youinvest. Saxo Markets offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better: AJ Bell Youinvest or Saxo Markets?

To compare the trading platforms of both AJ Bell Youinvest and Saxo Markets, we tested each broker's trading tools. Overall, Saxo Markets offers a better experience. Looking at charting, Saxo Markets offers its clients access to 17 charting tools while AJ Bell Youinvest has 1 charting tools, a difference of 16. Saxo Markets offers its clients access to 49 different indicators (for example, volume) while AJ Bell Youinvest has 10 available indicators, a difference of 39.

Overall, between AJ Bell Youinvest and Saxo Markets, Saxo Markets is the winner.

AJ Bell Youinvest Review
Saxo Markets Review


All pricing data was obtained from a published web site as of 01/15/2020 and is believed to be accurate, but is not guaranteed. The UK.StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

arrow_drop_upBack to top