DEGIRO vs Barclays Review
By Steve Miley / June 19th, 2019
Is DEGIRO better than Barclays? After scoring UK share dealing accounts in six areas for our 2019 review, Barclays is better than DEGIRO. Barclays is a reputable “one-stop shop” for share dealing and investments.
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. DEGIRO is a better option with a 4.50 star rating over Barclays's 3.50 star rating.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Barclays provides its clients with ISA, SIPP, SIPP - Junior and Spread Betting while DEGIRO provides clients access to 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. DEGIRO trails Barclays by 14 total charting tools, with Barclays offering 14 and DEGIRO offering 0. Barclays offers its clients access to 152 different indicators (for example, volume) while DEGIRO has 23 available indicators, a difference of 129. Barclays offers basic stock alerts while DEGIRO does not. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Neither offers fund research reports.
Overall, between Barclays and DEGIRO, Barclays is the winner.
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.