IG Group vs Alliance Trust Savings Review
By Steve Miley / June 19th, 2019
Is IG Group better than Alliance Trust Savings? After scoring UK share dealing accounts in six areas for our 2019 review, IG Group is better than Alliance Trust Savings. Founded in 1974 and respected as one of the most trusted brokers in the world, IG has been offering share dealing since 2014, providing traders low costs, quality trading tools, and access to over 9,000 shares across the globe.
Platforms & Tools
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 Group received a rating of 4.50 stars over 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 IG Group supports ISA, SIPP and Spread Betting while Alliance Trust Savings supports 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 Group by 18 total charting tools, with IG Group offering 19 and Alliance Trust Savings offering 1. IG Group boasts an offering of 26 different indicators (for example, moving averages) compared to Alliance Trust Savings's 10 available indicators. IG Group 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 Group doesn't.
Overall, between Alliance Trust Savings and IG Group, IG Group is the winner.
Alliance Trust Savings Review
IG Group Review
All pricing data was obtained from a published web site as of 01/08/18 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.