Written by StockBrokers.com
Is IG better than DEGIRO? After scoring the best share dealing accounts across 46 different variables, IG is better than DEGIRO. IG stands out as a top U.K. broker, thanks largely to its excellent online trading platform. Strong functionality comes with industry-standard commission rates and fees, a huge variety of trading tools, and user-friendly mobile apps.
| Overall Rating | IG | DEGIRO | |
|---|---|---|---|
| Overall Rating |
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| Commissions & Fees |
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| Offering of Investments |
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| Mobile Trading |
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| Platforms & Tools |
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| Research |
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| Ease of Use |
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| Education |
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| Review | IG Review | DEGIRO Review | |
| Winner | check_circle |
| Investments | IG | DEGIRO | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Funds | No | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | No | Yes | |
| Bonds - Government (Gilts) | No | Yes | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | Yes | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | No |
| Trading Fees | IG | DEGIRO | |
|---|---|---|---|
| Minimum Deposit | £0.0 | £0.0 | |
| Share Trading: 0-9 Deals/ Month | £3 to £8 | £1.75 + £1 handling fee | |
| Share Trading: 10-19 Deals/ Month | £3 | £1.75 + £1 handling fee | |
| Share Trading: 20+ Deals/ Month | £3 | £1.75 + £1 handling fee | |
| 5 trades per year (£30k portfolio) | £30-£40 | £13.75 | |
| 12 trades per year (£30k portfolio) | £96 | £33 | |
| 36 trades per year (£30k portfolio) | £108 | £99 | |
| 120 trades per year (£30k portfolio) | £360 | £330 | |
| 3 fund trades per year (£30k portfolio) | £24 | £67.5 | |
| Annual Custody Fee: £0 - £250,000 | £96 (can reduce by trading) | 0.20% | |
| Annual Custody Fee: £250K-£500K | £96 | 0.20% | |
| Annual Custody Fee: £500,000 - £1m | £96 | 0.20% | |
| Annual Custody Fee: £1m and over | £96 | 0.20% | |
| Bonds - Corporate - Fee | N/A | € 2.00 + €1 handling fee | |
| Bonds - Government (Gilts) - Fee | N/A | € 2.00 + 0.06% (most of EU), € 5.00 + 0.05% (Germany) | |
| ETFs - Fee | £8 | €2 + 0.03% | |
| Investment Trusts - Fee | £8 | € 2.00 + €1 handling fee | |
| Telephone Dealing Fee | £40-£50 | £8.50 surcharge £1.75 + £1 handling fee |
| Platforms & Tools | IG | DEGIRO | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | No | |
| Charting - Indicators / Studies | 33 | 13 | |
| Charting - Drawing Tools | 19 | 9 | |
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | Yes | Yes | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | Yes | Yes |
| Research | IG | DEGIRO | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | No | |
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | No | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | No | No | |
| Portfolio Allocation Breakdown | No | No |
| Education | IG | DEGIRO | |
|---|---|---|---|
| Has Education - Share Trading | Yes | Yes | |
| Has Education - Funds | Yes | No | |
| Has Education - Retirement | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | IG | DEGIRO | |
|---|---|---|---|
| Overall Rating |
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| |
| Commissions & Fees |
|
| |
| Offering of Investments |
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| |
| Mobile Trading |
|
| |
| Platforms & Tools |
|
| |
| Research |
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| Ease of Use |
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| |
| Education |
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| Review | IG Review | DEGIRO Review | |
| Winner | check_circle |
For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare IG vs DEGIRO.
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, DEGIRO offers better pricing than IG 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 - IG would cost £30-£40 per year, while DEGIRO would cost £13.75 per year.
12 trades per year - IG would cost £96 per year, while DEGIRO would cost £33 per year.
36 trades per year - IG would cost £108 per year, while DEGIRO would cost £99 per year.
120 trades per year - IG would cost £360 per year, while DEGIRO would cost £330 per year.
3 fund trades per year - IG would cost £24 per year, while DEGIRO would cost £67.5 per year.
IG offers investors access to ISA, SIPP, Share Trading, CFD Trading, ETFs, Investment Trusts and Spread Betting, while DEGIRO offers investors access to Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts, neither have Crypto Trading and Advisor Services. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Our testing concluded that IG is better for research than DEGIRO. IG offers more research options, including research reports, articles, and analyst ratings.
To compare the trading platforms of both IG and DEGIRO, we tested each broker's website, trading platform, trading tools and stock trading app. All features compared, IG offers a better share dealing platform and IG offers a better stock app for mobile trading.
Overall winner: IG
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