DEGIRO vs Interactive Investor 2022

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 - DEGIRO would cost £13.75 per year, while Interactive Investor would cost £119.88 per year.

12 trades per year - DEGIRO would cost £33 per year, while Interactive Investor would cost £119.88 per year.

36 trades per year - DEGIRO would cost £99 per year, while Interactive Investor would cost £263.64 (investor) 287.76 (super investor) per year.

120 trades per year - DEGIRO would cost £330 per year, while Interactive Investor would cost £766.8 (investor) 622.92 (super investor) per year.

3 fund trades per year - DEGIRO would cost £67.5 per year, while Interactive Investor would cost £119.88 per year.

DEGIRO offers investors access to Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts, while Interactive Investor offers investors access to ISA, SIPP, Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts, neither have CFD Trading, Spread Betting, 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 Interactive Investor. IG offers more research options, including research reports, articles, and analyst ratings.

To compare the trading platforms of both DEGIRO and Interactive Investor, 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.