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IG Group vs Barclays Review
By Steve Miley / June 19th, 2019
Your capital is at risk.
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.
Overall
Trading Fees
Share Trading: 0-9 Deals/ Month
Share Trading: 10-19 Deals/ Month
Share Trading: 20+ Deals/ Month
Annual Custody Fee: £0 - £250,000*
Bonds - Government (Gilts) - Fee
ETFs - Fee
Investment Trusts - Fee
Telephone Dealing Fee*
Commissions & Fees
Winner
Platforms & Tools
Desktop Platform (Windows)
Web Platform
iPhone App
Android App
Stock Alerts
Charting - Indicators / Studies
Charting - Drawing Tools
Charting - Notes
Charting - Display Corporate Events
Charting - Stock Overlays
Platform & Tools
Winner
Research
Research - Shares
Research - CFDs
Research - Funds
Fund Research - Research Reports
Research - ETFs
Research - Bonds
Portfolio Allocation Breakdown
Research
Winner
Investments
Share Trading
CFD Trading
Funds
ETFs
Bonds - Corporate
Bonds - Government (Gilts)
Investment Trusts
Spread Betting
Banking Services
Advisor Services
Offering of Investments
Winner
Education
Has Education - Share Trading
Has Education - Funds
Has Education - Retirement
Client Webinars
Client Webinars (Archived)
Education
Winner
Overall
Overall
Winner
Low-cost US and UK shares. Foreign exchange fee of just 0.5% Visit Site
£8.00
£5.00
£5.00
£96.00
N/A
£8.00
£8.00
£40.00
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Yes
Yes
Yes
Yes
Yes
26
19
Yes
Yes
Yes
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Yes
No
No
No
No
No
No
Yes
Yes
No
Yes
No
No
Yes
Yes
No
No
Yes
No
No
Yes
Yes
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£6.00
£6.00
£6.00
0.2%
£6.00
£6.00
£3.00
£25.00
No
Yes
No
No
Yes
152
14
Yes
No
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
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Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
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Yes
Yes
Yes
Yes
Yes
To find a right broker for share dealing, we spent seven months and hundreds of hours of assessing 12 different share dealing brokers based in the UK. Here, we will focus on two brokers and compare Barclays vs IG Group.
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.
Barclays Review
IG Group Review
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.
Barclays Review
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.
