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Saxo Markets vs Barclays 2019
Your capital is at risk.
Is Barclays better than Saxo Markets? After ranking 12 UK brokerages who all offer share dealing in our 2019 review, Saxo Markets is better than Barclays. Saxo Markets provides a brilliant all-around share trading experience for UK residents. The fees for buying shares are not the cheapest; however, the SaxoTraderGO trading platform is excellent, and there’s an abundant selection of international products to trade.
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Overall Rating
| Feature | Saxo Markets | Barclays |
| Overall | ||
| Saxo Markets Review | Barclays Review |
Trading Fees
| Feature | Saxo Markets | Barclays |
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Share Trading: 0-9 Deals/ Month |
0.10% (£4.99 min) | £6.00 |
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Share Trading: 10-19 Deals/ Month |
0.10% (£4.99 min) | £6.00 |
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Share Trading: 20+ Deals/ Month |
0.10% (£4.99 min) | £6.00 |
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Annual Custody Fee: £0 - £250,000* |
0.12% | 0.2% |
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Bonds - Government (Gilts) - Fee |
0.08% | £6.00 |
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ETFs - Fee |
N/A | £6.00 |
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Investment Trusts - Fee |
N/A | £3.00 |
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Telephone Dealing Fee* |
N/A | £25.00 |
| Commissions & Fees | ||
| Winner | check_circle |
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 |
48 | 152 |
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Charting - Drawing Tools |
17 | 14 |
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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 | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Saxo Markets | Barclays |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | Yes |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | No |
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Research - ETFs |
No | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Saxo Markets | Barclays |
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Share Trading |
Yes | Yes |
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CFD Trading |
Yes | Yes |
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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 | Yes |
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Banking Services |
No | Yes |
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Advisor Services |
Yes | No |
| Offering of Investments | ||
| Winner | check_circle |
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 | Yes |
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Client Webinars (Archived) |
Yes | Yes |
| Education | ||
| Winner | check_circle |
Overall
| Feature | Saxo Markets | Barclays |
| Saxo Markets Review | Barclays Review | |
| Overall | ||
| Winner | check_circle |
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 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 Markets are rated 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 Saxo Markets offers clients ISA and SIPP 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. Saxo Markets offers its clients access to 17 charting tools while Barclays has 14 charting tools, a difference of 3. Saxo Markets trails Barclays by 104 total different indicators (for example, moving averages), with Barclays offering 152 and Saxo Markets offering 48. Both Barclays and Saxo Markets offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Neither Barclays and Saxo Markets offer fund research reports.
Overall, between Barclays and Saxo Markets, Saxo Markets is the winner.
Barclays Review
Saxo Markets 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. Both Barclays and Saxo Markets are rated 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 Saxo Markets offers clients ISA and SIPP 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. Saxo Markets offers its clients access to 17 charting tools while Barclays has 14 charting tools, a difference of 3. Saxo Markets trails Barclays by 104 total different indicators (for example, moving averages), with Barclays offering 152 and Saxo Markets offering 48. Both Barclays and Saxo Markets offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Neither Barclays and Saxo Markets offer fund research reports.
Overall, between Barclays and Saxo Markets, Saxo Markets is the winner.
Barclays Review
Saxo Markets 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.
