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Saxo Markets vs Barclays 2021
Your capital is at risk.
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Overall Rating
| Feature | Saxo Markets | Barclays |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platform & Tools | ||
| Research | ||
| Education | ||
| Saxo Markets Review | ||
| Winner | check_circle |
Trading Fees
| Feature | Saxo Markets | Barclays |
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Minimum Deposit |
£500.00 | £0.00 |
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Share Trading: 0-9 Deals/ Month |
0.10% (£8 min) | £6.00 |
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Share Trading: 10-19 Deals/ Month |
0.10% (£8 min) | £6.00 |
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Share Trading: 20+ Deals/ Month |
0.10% (£8 min) | £6.00 |
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Annual Custody Fee: £0 - £250,000 |
0.12% (min. €120 or £ equivalent) | 0.2% (minimum £48) |
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Bonds - Government (Gilts) - Fee |
0.20% (min. £80) | £6.00 |
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ETFs - Fee |
0.10% (£8 min) | £6.00 |
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Investment Trusts - Fee |
0.10% (£8 min) | £3.00 |
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Telephone Dealing Fee |
£50.00 | £25.00 |
Platforms & Tools
| Feature | Saxo Markets | Barclays |
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Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | No |
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Android App |
Yes | No |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
58 | 67 |
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Charting - Drawing Tools |
20 | 15 |
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Charting - Notes |
Yes | Yes |
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Charting - Display Corporate Events |
No | No |
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Charting - Stock Overlays |
Yes | No |
Research
| Feature | Saxo Markets | Barclays |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
Investments
| Feature | Saxo Markets | Barclays |
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Share Trading |
Yes | Yes |
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CFD Trading |
Yes | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
No | Yes |
Education
| Feature | Saxo Markets | Barclays |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | Yes |
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Has Education - Retirement |
No | Yes |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | Yes |
Overall
| Feature | Saxo Markets | Barclays |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platform & Tools | ||
| Research | ||
| Education | ||
| Saxo Markets Review | ||
| Winner | check_circle |
For our 2021 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Barclays vs Saxo Markets.
Which broker is less expensive?
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Barclays offers better pricing than Saxo Markets for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
1 Trade Per Month - Barclays is cheaper. Barclays would only cost £132 each year while Saxo Markets would cost £204.
3 Trades Per Month - Barclays is less expensive under this scenario. Barclays would cost £276 per year while Saxo Markets would cost £396.
10 Trades Per Month - Barclays is the better choice. Annual fees with Barclays would total £780, while annual fees with Saxo Markets would be £1068.
20 Trades Per Month - Barclays costs less in this scenario. Total annual costs with Barclays would equal £1500, while Saxo Markets would equal £2028.
Which broker offers a wider range of investment options?
Saxo Markets offers a more diverse selection of investment options than Barclays. Saxo Markets offers investors access to ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Which platform offers better research?
Our testing concluded that Saxo Markets is better for research than Barclays. Saxo Markets offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better?
To compare the trading platforms of both Barclays and Saxo Markets, we tested each broker's trading tools and share dealing app. All features compared, Saxo Markets offers a better share dealing platform.
Overall winner: Saxo Markets
Read Next: Best UK Trading Platforms 2021
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All pricing data was obtained from a published web site as of 12/24/2020 and is believed to be accurate, but is not guaranteed. The StockBrokers.com UK 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.
