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 Alliance Trust Savings vs DEGIRO.
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. DEGIRO's score is 4.50 stars versus Alliance Trust Savings's 4.00 stars.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Alliance Trust Savings supports ISA, ISA - Junior, SIPP and SIPP - Junior while DEGIRO supports none of these. 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. Alliance Trust Savings boasts an offering of 1 charting tools compared to DEGIRO's 0 available charting tools. DEGIRO offers its clients access to 23 different indicators (for example, volume) while Alliance Trust Savings has 10 available indicators, a difference of 13. Neither offers basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Alliance Trust Savings offers fund research reports while DEGIRO does not.
Overall, between Alliance Trust Savings and DEGIRO, DEGIRO is the winner
Alliance Trust Savings Review