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IG vs Barclays 2020

Your capital is at risk.
Is Barclays better than IG? After scoring UK share dealing accounts on over 40 different variables, IG is better than Barclays. IG delivers a winning share dealing experience by combining excellent trading tools and competitive commissions (£5.00 - £8.00 per trade) with a user-friendly mobile app. Our testing found that IG excels with its trading platform, which includes excellent charting, screening, and technical analysis.

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Overall Rating

Feature IG Barclays
Overall 4.5 4
IG Review Barclays Review

Trading Fees

Feature IG Barclays
Share Trading: 0-9 Deals/ Month
£3 to £8 £6.00
Share Trading: 10-19 Deals/ Month
£3.00 £6.00
Share Trading: 20+ Deals/ Month
£3.00 £6.00
Annual Custody Fee: £0 - £250,000*
£96 (can reduce by trading) 0.2% (minimum £48)
Bonds - Government (Gilts) - Fee
N/A £6.00
ETFs - Fee
£8.00 £6.00
Investment Trusts - Fee
£8.00 £3.00
Telephone Dealing Fee*
£40.00 £25.00
Commissions & Fees 4.5 4
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Platforms & Tools

Feature IG Barclays
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
30 67
Charting - Drawing Tools
19 17
Charting - Notes
Yes No
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
Yes No
Platform & Tools 4.5 3.5
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Research

Feature IG Barclays
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
Yes Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
No Yes
Research 4 4.5
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Investments

Feature IG Barclays
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
Yes Yes
Spread Betting
Yes No
Advisor Services
No Yes
Offering of Investments 4 3.5
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Education

Feature IG Barclays
Has Education - Share Trading
Yes Yes
Has Education - Funds
No Yes
Has Education - Retirement
No Yes
Client Webinars
Yes No
Client Webinars (Archived)
Yes Yes
Education 4 4.5

Overall

Feature IG Barclays
IG Review Barclays Review
Overall 4.5 4
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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 IG.

Which broker is cheaper: Barclays or IG?

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. IG's score is 4.50 stars versus 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.

1 Trade Per Month - IG only charges £96.00 while Barclays charges £132.00.

3 Trades Per Month - IG is cheaper under this scenario. IG would cost £108.00 while Barclays would cost £276.00.

10 Trades Per Month - IG is the cheaper option. Fees with IG would be £360.00 while fees with Barclays would be £780.00.

20 Trades Per Month - IG costs less in this case. IG charges £720.00 while Barclays charges £1,500.00.

The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio Barclays charges 0.2% (minimum £48) while IG charges £96 (can reduce by trading).

Does Barclays or IG offer a wider range of investment options?

IG offers a more diverse selection of investment options than Barclays. IG offers investors access to ETFs, Funds, ISA, SIPP and Share Trading. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Is Barclays or IG better for research?

Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Barclays is better for research than IG. Barclays offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better: Barclays or IG?

To compare the trading platforms of both Barclays and IG, we tested each broker's trading tools. Overall, IG offers a better experience. Looking at charting, Barclays trails IG by 2 total charting tools, with IG offering 19 and Barclays offering 17. Barclays offers its clients access to 67 different indicators (for example, volume) while IG has 30 available indicators, a difference of 37.

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

Barclays Review
IG 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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