Saxo Capital Markets vs Barclays Review

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 Saxo Capital Markets.

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. Both Barclays and Saxo Capital Markets hold a 3.50 star rating.

Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Saxo Capital Markets supports ISA and SIPP while Barclays supports 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. Saxo Capital Markets offers its clients access to 17 charting tools while Barclays has 14 charting tools, a difference of 3. Barclays offers its clients access to 152 different indicators (for example, volume) while Saxo Capital Markets has 48 available indicators, a difference of 104. Barclays and Saxo Capital Markets both offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Barclays nor Saxo Capital Markets offers fund research reports.

Overall, between Barclays and Saxo Capital Markets, Saxo Capital Markets is the winner.

Barclays Review
Saxo Capital Markets Review