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IG vs DEGIRO 2020
Your capital is at risk.
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Low-cost US and UK shares. Foreign exchange fee of just 0.5% Visit Site
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Overall Rating
| Feature | IG | DEGIRO |
| Overall | ||
| IG Review | DEGIRO Review |
Trading Fees
| Feature | IG | DEGIRO |
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Share Trading: 0-9 Deals/ Month |
£8.00 | £ 1.75 + 0.022% |
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Share Trading: 10-19 Deals/ Month |
£5.00 | £ 1.75 + 0.022% (Maximum £ 5.00) |
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Share Trading: 20+ Deals/ Month |
£5.00 | £ 1.75 + 0.022% (Maximum £ 5.00) |
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Annual Custody Fee: £0 - £250,000* |
£96.00 | 0% |
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Bonds - Government (Gilts) - Fee |
N/A | € 2.00 + 0.068% |
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ETFs - Fee |
£8.00 | €2 + 0.038% |
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Investment Trusts - Fee |
£8.00 | € 7.50 + 0.10% +.2% annually |
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Telephone Dealing Fee* |
£40.00 | € 10.00 + 0.10% per order |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | IG | DEGIRO |
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Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Stock Alerts |
Yes | No |
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Charting - Indicators / Studies |
28 | 23 |
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Charting - Drawing Tools |
19 | 0 |
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Charting - Notes |
Yes | No |
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Charting - Display Corporate Events |
Yes | Yes |
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Charting - Stock Overlays |
Yes | No |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | IG | DEGIRO |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
No | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | No |
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Research - ETFs |
Yes | No |
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Research - Bonds |
No | No |
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Portfolio Allocation Breakdown |
No | No |
| Research | ||
| Winner | check_circle |
Investments
| Feature | IG | DEGIRO |
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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 |
No | Yes |
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Bonds - Government (Gilts) |
No | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
Yes | No |
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Advisor Services |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | IG | DEGIRO |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | No |
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Has Education - Retirement |
No | No |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | No |
| Education |
Overall
| Feature | IG | DEGIRO |
| IG Review | DEGIRO Review | |
| Overall | ||
| Winner | check_circle |
To start this comparison, first, we will take a look at the fees charged for dealing in the UK. It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. DEGIRO received a rating of 5.00 stars over IG's 4.50 stars.
Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.
Scenario 1 - If you make 1 trade a month, or 12 per year, the fees with IG wold be £96 and the fees with DEGIRO would be £34.68.
Scenario 2 - If you make 3 trades a month, or 36 per year, the fees with IG wold be £288 and the fees with DEGIRO would be £104.04.
Scenario 3 - 10 trades per month, for a total of 120 trades per year. IG would charge £600 while DEGIRO would charge £346.8.
Scenario 4 - 240 trades per year, or 20 trades per month. DEGIRO charges £693.6 and IG charges £1200.
Cost aside, we can now turn our focus to popular tools and features investors prefer in the UK. Account access is certainly at the top of the list, and IG supports ISA, SIPP and Spread Betting while DEGIRO supports none of these. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. IG boasts an offering of 19 charting tools compared to DEGIRO's 0 available charting tools. DEGIRO trails IG by 5 total different indicators (for example, moving averages), with IG offering 28 and DEGIRO offering 23. IG has basic stock alerts, DEGIRO doesn't. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Neither DEGIRO and IG offer fund research reports.
Overall, between DEGIRO and IG, IG is the winner.
DEGIRO Review
IG Review
All pricing data was obtained from a published web site as of 01/15/2020 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.
