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DEGIRO vs Barclays 2020

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Is Barclays better than DEGIRO? After scoring UK share dealing accounts on over 40 different variables, Barclays is better than DEGIRO. Barclays Smart Investor offers competitive share dealing commissions (£6 per trade) alongside an excellent selection of research tools and education. However, there is no dedicated mobile app for share dealing and the trading tools offered are just average.

Overall Rating

Feature DEGIRO Barclays
Overall 3.5 4
DEGIRO Review Barclays Review

Trading Fees

Feature DEGIRO Barclays
Share Trading: 0-9 Deals/ Month
£ 1.75 + 0.022% £6.00
Share Trading: 10-19 Deals/ Month
£ 1.75 + 0.022% (Maximum £ 5.00) £6.00
Share Trading: 20+ Deals/ Month
£ 1.75 + 0.022% (Maximum £ 5.00) £6.00
Annual Custody Fee: £0 - £250,000*
0% 0.2% (minimum £48)
Bonds - Government (Gilts) - Fee
€ 2.00 + 0.068% £6.00
ETFs - Fee
€2 + 0.038% £6.00
Investment Trusts - Fee
€ 7.50 + 0.10% +.2% annually £3.00
Telephone Dealing Fee*
€ 10.00 + 0.10% per order £25.00
Commissions & Fees 5 4
Winner check_circle

Platforms & Tools

Feature DEGIRO Barclays
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
No Yes
Charting - Indicators / Studies
23 67
Charting - Drawing Tools
0 17
Charting - Notes
No No
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
No No
Platform & Tools 3 3.5
Winner check_circle

Research

Feature DEGIRO Barclays
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
No Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
No Yes
Research 1 4.5
Winner check_circle

Investments

Feature DEGIRO Barclays
Share Trading
Yes Yes
CFD Trading
No 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 Yes
Offering of Investments 3.5 3.5
Winner check_circle

Education

Feature DEGIRO Barclays
Has Education - Share Trading
Yes Yes
Has Education - Funds
No Yes
Has Education - Retirement
No Yes
Client Webinars
No No
Client Webinars (Archived)
No Yes
Education 3.5 4.5

Overall

Feature DEGIRO Barclays
DEGIRO Review Barclays Review
Overall 3.5 4
Winner check_circle
Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts for buying shares online in the UK. In total, 46 individual variables were assessed. For this review, we will compare Barclays vs DEGIRO.

To start this comparison, first, we will take a look at the fees charged for dealing in the UK. It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. DEGIRO received a rating of 5.00 stars over Barclays'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 - 12 trades per year, or 1 trade per month. DEGIRO charges £34.68 and Barclays charges £132.

Scenario 2 - If you make 3 trades a month, or 36 per year, the fees with Barclays wold be £276 and the fees with DEGIRO would be £104.04.

Scenario 3 - 10 trades per month, for a total of 120 trades per year. Barclays would charge £780 while DEGIRO would charge £346.8.

Scenario 4 - 240 trades per year, or 20 trades per month. DEGIRO charges £693.6 and Barclays charges £1500.

Cost aside, we can now turn our focus to popular tools and features investors prefer in the UK. Account access is certainly at the top of the list, and Barclays supports ISA, SIPP and SIPP - Junior while DEGIRO supports none of these. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Barclays boasts an offering of 17 charting tools compared to DEGIRO's 0 available charting tools. DEGIRO trails Barclays by 44 total different indicators (for example, moving averages), with Barclays offering 67 and DEGIRO offering 23. Barclays offers basic stock alerts while DEGIRO does not. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Barclays has fund research reports, DEGIRO doesn't.

Overall, between Barclays and DEGIRO, Barclays is the winner.

Barclays Review
DEGIRO 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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