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 Barclays 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 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