IG Group vs Barclays Review
By Steve Miley / June 19th, 2019
Is Barclays better than IG Group? After ranking 12 UK brokerages who all offer share dealing in our 2019 review, Barclays is better than IG Group. Barclays is a reputable “one-stop shop” for share dealing and investments.
Platforms & Tools
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched both to provide a single star rating for cost. IG Group's score is 4.50 stars versus Barclays's 3.50 stars.
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and IG Group offers clients ISA, SIPP and Spread Betting while Barclays offers ISA, SIPP, SIPP - Junior and Spread Betting. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. IG Group offers its clients access to 19 charting tools while Barclays has 14 charting tools, a difference of 5. IG Group trails Barclays by 126 total different indicators (for example, moving averages), with Barclays offering 152 and IG Group offering 26. Barclays alongside IG Group offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Neither offers fund research reports.
Overall, between Barclays and IG Group, Barclays is the winner.
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.