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Saxo Markets vs Alliance Trust Savings 2020

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Is Saxo Markets better than Alliance Trust Savings? After scoring UK share dealing accounts in six areas for our 2019 review, Saxo Markets is better than Alliance Trust Savings. 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 Alliance Trust Savings
Overall 5 3.5
Saxo Markets Review Alliance Trust Savings Review

Trading Fees

Feature Saxo Markets Alliance Trust Savings
Share Trading: 0-9 Deals/ Month
0.10% (£8 min) £9.99
Share Trading: 10-19 Deals/ Month
0.10% (£8 min) £9.99
Share Trading: 20+ Deals/ Month
0.10% (£8 min) £9.99
Annual Custody Fee: £0 - £250,000*
0.12% (min. €120 or £ equivalent) £120.00
Bonds - Government (Gilts) - Fee
0.20% (min. £72) £9.99
ETFs - Fee
0.10% (£8 min) £9.99
Investment Trusts - Fee
0.10% (£8 min) £9.99
Telephone Dealing Fee*
£50.00 £50.00
Commissions & Fees 3.5 4
Winner check_circle

Platforms & Tools

Feature Saxo Markets 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
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 3.5
Winner check_circle

Research

Feature Saxo Markets Alliance Trust Savings
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 3.5
Winner check_circle

Investments

Feature Saxo Markets Alliance Trust Savings
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 3.5
Winner check_circle

Education

Feature Saxo Markets 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 3.5 3.5

Overall

Feature Saxo Markets Alliance Trust Savings
Saxo Markets Review Alliance Trust Savings Review
Overall 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 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. Alliance Trust Savings 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 Alliance Trust Savings would be .

Scenario 2 - 3 trades per month, for a total of 36 trades per year. Saxo Markets would charge £396 while Alliance Trust Savings would charge .

Scenario 3 - 10 trades per month, for a total of 120 trades per year. Saxo Markets would charge £1068 while Alliance Trust Savings would charge .

Scenario 4 - 240 trades per year, or 20 trades per month. Saxo Markets charges £2028 and Alliance Trust Savings charges .

Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Saxo Markets offers clients ISA and SIPP 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. Saxo Markets boasts an offering of 17 charting tools compared to Alliance Trust Savings's 1 available charting tools. Alliance Trust Savings trails Saxo Markets by 39 total different indicators (for example, moving averages), with Saxo Markets offering 49 and Alliance Trust Savings offering 10. Saxo Markets has basic stock alerts, Alliance Trust Savings doesn't. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Alliance Trust Savings has fund research reports, Saxo Markets doesn't.

Overall, between Alliance Trust Savings and Saxo Markets, Saxo Markets is the winner.

Alliance Trust Savings 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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