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Saxo Markets vs AJ Bell Youinvest 2020

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Is Saxo Markets better than AJ Bell Youinvest? After scoring UK share dealing accounts in six areas for our 2019 review, 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 across 36 international exchanges. While Saxo Markets trails discount competitors in pricing, overall, it is our top broker for share dealing in 2019.

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
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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
After seven months and hundreds of hours of researching 12 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 Saxo Markets.

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.

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