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IG vs Alliance Trust Savings 2020

Your capital is at risk.
Is IG better than Alliance Trust Savings? After scoring UK share dealing accounts in six areas for our 2019 review, IG is better than Alliance Trust Savings. IG delivers a winning share dealing experience by combining excellent trading tools and competitive commissions (£5.00 - £8.00 per trade) with a user-friendly mobile app. Our testing found that IG excels with its trading platform, which includes excellent charting, screening, and technical analysis features.
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Overall Rating

Feature IG Alliance Trust Savings
Overall 4.5 3.5
IG Review Alliance Trust Savings Review

Trading Fees

Feature IG Alliance Trust Savings
Share Trading: 0-9 Deals/ Month
£8.00 £9.99
Share Trading: 10-19 Deals/ Month
£5.00 £9.99
Share Trading: 20+ Deals/ Month
£5.00 £9.99
Annual Custody Fee: £0 - £250,000*
£96.00 £120.00
Bonds - Government (Gilts) - Fee
N/A £9.99
ETFs - Fee
£8.00 £9.99
Investment Trusts - Fee
£8.00 £9.99
Telephone Dealing Fee*
£40.00 £50.00
Commissions & Fees 4.5 4
Winner check_circle

Platforms & Tools

Feature IG Alliance Trust Savings
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
Yes No
Charting - Indicators / Studies
28 10
Charting - Drawing Tools
19 1
Charting - Notes
Yes No
Charting - Display Corporate Events
Yes Yes
Charting - Stock Overlays
Yes Yes
Platform & Tools 4.5 3.5
Winner check_circle

Research

Feature IG Alliance Trust Savings
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
Yes Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
No Yes
Research 4 3.5
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Investments

Feature IG Alliance Trust Savings
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
Yes Yes
Spread Betting
Yes No
Advisor Services
No No
Offering of Investments 4 3.5
Winner check_circle

Education

Feature IG Alliance Trust Savings
Has Education - Share Trading
Yes No
Has Education - Funds
No No
Has Education - Retirement
No No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Education 4 3.5

Overall

Feature IG Alliance Trust Savings
IG Review Alliance Trust Savings Review
Overall 4.5 3.5
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 Alliance Trust Savings vs IG.

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 received a rating of 4.50 stars over Alliance Trust Savings's 4.00 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 IG wold be £96 and the fees with Alliance Trust Savings would be .

Scenario 2 - 3 trades per month, for a total of 36 trades per year. IG would charge £288 while Alliance Trust Savings would charge .

Scenario 3 - 120 trades per year, or 10 trades per month. IG charges £600 and Alliance Trust Savings charges .

Scenario 4 - If you make 20 trades a month, or 240 per year, the fees with IG wold be £1200 and the fees with Alliance Trust Savings would be .

Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and IG offers clients ISA, SIPP and Spread Betting while Alliance Trust Savings offers 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. Alliance Trust Savings trails IG by 18 total charting tools, with IG offering 19 and Alliance Trust Savings offering 1. Alliance Trust Savings trails IG by 18 total different indicators (for example, moving averages), with IG offering 28 and Alliance Trust Savings offering 10. IG offers basic stock alerts while Alliance Trust Savings does not. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Alliance Trust Savings has fund research reports, IG doesn't.

Overall, between Alliance Trust Savings and IG, IG is the winner.

Alliance Trust Savings Review
IG 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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