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Saxo Markets vs AJ Bell Youinvest 2020
Your capital is at risk.
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Overall Rating
| Feature | Saxo Markets | AJ Bell Youinvest |
| Overall | ||
| Saxo Markets Review | AJ Bell Youinvest Review |
Trading Fees
| Feature | Saxo Markets | AJ Bell Youinvest |
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Share Trading: 0-9 Deals/ Month |
0.10% (£8 min) | £9.95 |
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Share Trading: 10-19 Deals/ Month |
0.10% (£8 min) | £4.95 |
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Share Trading: 20+ Deals/ Month |
0.10% (£8 min) | £4.95 |
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Annual Custody Fee: £0 - £250,000* |
0.12% (min. €120 or £ equivalent) | 0.25% (Max £7.50 per quarter) |
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Bonds - Government (Gilts) - Fee |
0.20% (min. £72) | £9.95 |
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ETFs - Fee |
0.10% (£8 min) | £9.95 |
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Investment Trusts - Fee |
0.10% (£8 min) | £9.95 |
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Telephone Dealing Fee* |
£50.00 | £29.95 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Saxo Markets | AJ Bell Youinvest |
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Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Stock Alerts |
Yes | No |
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Charting - Indicators / Studies |
49 | 10 |
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Charting - Drawing Tools |
17 | 1 |
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Charting - Notes |
Yes | No |
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Charting - Display Corporate Events |
No | Yes |
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Charting - Stock Overlays |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Saxo Markets | AJ Bell Youinvest |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Saxo Markets | AJ Bell Youinvest |
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Share Trading |
Yes | Yes |
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CFD Trading |
Yes | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Saxo Markets | AJ Bell Youinvest |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | Yes |
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Has Education - Retirement |
No | Yes |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | Yes |
| Education |
Overall
| Feature | Saxo Markets | AJ Bell Youinvest |
| Saxo Markets Review | AJ Bell Youinvest Review | |
| Overall | ||
| Winner | check_circle |
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. 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.
Scenario 1 - If you make 1 trade a month, or 12 per year, the fees with Saxo Markets wold be £204 and the fees with AJ Bell Youinvest would be £149.40.
Scenario 2 - 3 trades per month, for a total of 36 trades per year. Saxo Markets would charge £396 while AJ Bell Youinvest would charge £388.20.
Scenario 3 - 120 trades per year, or 10 trades per month. AJ Bell Youinvest charges £624 and Saxo Markets charges £1068.
Scenario 4 - 20 trades per month, for a total of 240 trades per year. Saxo Markets would charge £2028 while AJ Bell Youinvest would charge £1218.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Saxo Markets provides its clients with ISA and SIPP while AJ Bell Youinvest provides clients access to 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. AJ Bell Youinvest trails Saxo Markets by 16 total charting tools, with Saxo Markets offering 17 and AJ Bell Youinvest offering 1. 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. Saxo Markets has basic stock alerts, AJ Bell Youinvest doesn't. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. AJ Bell Youinvest has fund research reports, Saxo Markets doesn't.
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.
