To find a right broker for share dealing
, we spent seven months and hundreds of hours of assessing ten different share dealing brokers based in the UK. Here, we will focus on two brokers and compare DEGIRO vs Fidelity International.
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. DEGIRO received a rating of 4.50 stars over Fidelity International'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 Fidelity International offers clients ISA, ISA - Junior, SIPP and SIPP - Junior while DEGIRO offers none of these. 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. Both DEGIRO and Fidelity International provide clients with access to 0 total charting tools. DEGIRO boasts an offering of 23 different indicators (for example, moving averages) compared to Fidelity International's 0 available indicators. DEGIRO nor Fidelity International offers basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Fidelity International makes fund research reports available to clients, while DEGIRO does not.
Overall, DEGIRO boasts 3.50 stars versus Fidelity International's 3.00 stars. And, when it comes to individual category awards, Fidelity International posted awards Best in Class - Research in 2017, while DEGIRO found itself with none of these.