Trading 212 vs Barclays Comparison
For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Trading 212 vs Barclays.
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, Trading 212 offers better pricing than Barclays 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.
5 trades per year - Trading 212 would cost £196 per year, while Barclays would cost £60 per year.
12 trades per year - Trading 212 would cost £196 per year, while Barclays would cost £102 per year.
36 trades per year - Trading 212 would cost £196 per year, while Barclays would cost £246 per year.
120 trades per year - Trading 212 would cost £196 per year, while Barclays would cost £750 per year.
3 fund trades per year - Trading 212 would cost N/A per year, while Barclays would cost £59 per year.
Which broker offers a wider range of investment options?
Trading 212 offers investors access to ISA, Share Trading, CFD Trading and ETFs, while Barclays offers investors access to ISA, SIPP, Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts), Investment Trusts and Advisor Services, neither have Spread Betting and Crypto Trading. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Which broker offers better research?
Our testing concluded that Trading 212 is better for research than Barclays. Trading 212 offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better?
To compare the trading platforms of both Trading 212 and Barclays, we tested each broker's website, trading platform, trading tools and stock trading app. All features compared, Trading 212 offers a better share dealing platform and Trading 212 offers a better stock app for mobile trading.
Overall winner: Trading 212
Read Next: Best UK Trading Platforms 2022