Stockbrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure
DEGIRO vs Interactive Investor 2020
Your capital is at risk.
|
|
|
Overall Rating
| Feature | DEGIRO | Interactive Investor |
| Overall | ||
| DEGIRO Review | Interactive Investor Review |
Trading Fees
| Feature | DEGIRO | Interactive Investor |
|
Share Trading: 0-9 Deals/ Month |
£ 1.75 + 0.022% | £7.99 |
|
Share Trading: 10-19 Deals/ Month |
£ 1.75 + 0.022% (Maximum £ 5.00) | £3.99 |
|
Share Trading: 20+ Deals/ Month |
£ 1.75 + 0.022% (Maximum £ 5.00) | £3.99 |
|
Annual Custody Fee: £0 - £250,000* |
0% | £119.88 |
|
Bonds - Government (Gilts) - Fee |
€ 2.00 + 0.068% | £40.00 |
|
ETFs - Fee |
€2 + 0.038% | £7.99 |
|
Investment Trusts - Fee |
€ 7.50 + 0.10% +.2% annually | £7.99 |
|
Telephone Dealing Fee* |
€ 10.00 + 0.10% per order | £49.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | DEGIRO | Interactive Investor |
|
Desktop Platform (Windows) |
No | No |
|
Web Platform |
Yes | Yes |
|
iPhone App |
Yes | Yes |
|
Android App |
Yes | Yes |
|
Stock Alerts |
No | Yes |
|
Charting - Indicators / Studies |
23 | 11 |
|
Charting - Drawing Tools |
0 | 0 |
|
Charting - Notes |
No | No |
|
Charting - Display Corporate Events |
Yes | No |
|
Charting - Stock Overlays |
No | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | DEGIRO | Interactive Investor |
|
Research - Shares |
Yes | Yes |
|
Research - CFDs |
No | Yes |
|
Research - Funds |
Yes | Yes |
|
Fund Research - Research Reports |
No | Yes |
|
Research - ETFs |
No | Yes |
|
Research - Bonds |
No | Yes |
|
Portfolio Allocation Breakdown |
No | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | DEGIRO | Interactive Investor |
|
Share Trading |
Yes | Yes |
|
CFD Trading |
No | Yes |
|
Funds |
Yes | Yes |
|
ETFs |
Yes | Yes |
|
Bonds - Corporate |
Yes | Yes |
|
Bonds - Government (Gilts) |
Yes | Yes |
|
Investment Trusts |
Yes | Yes |
|
Spread Betting |
No | Yes |
|
Advisor Services |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | DEGIRO | Interactive Investor |
|
Has Education - Share Trading |
Yes | No |
|
Has Education - Funds |
No | No |
|
Has Education - Retirement |
No | No |
|
Client Webinars |
No | No |
|
Client Webinars (Archived) |
No | No |
| Education |
Overall
| Feature | DEGIRO | Interactive Investor |
| DEGIRO Review | Interactive Investor 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 Interactive Investor'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 - 12 trades per year, or 1 trade per month. DEGIRO charges £34.68 and Interactive Investor charges £119.8.
Scenario 2 - 36 trades per year, or 3 trades per month. Interactive Investor charges £287.76 and DEGIRO charges £104.04.
Scenario 3 - 10 trades per month, for a total of 120 trades per year. Interactive Investor would charge £622.92 while DEGIRO would charge £346.8.
Scenario 4 - 20 trades per month, for a total of 240 trades per year. DEGIRO would charge £693.6 while Interactive Investor would charge £1101.72.
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 Interactive Investor provides its clients with ISA, ISA - Junior, SIPP and Spread Betting while DEGIRO provides clients access to none of these. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Both brokers offer clients access to the same number of charting tools, 0. DEGIRO offers its clients access to 23 different indicators (for example, volume) while Interactive Investor has 11 available indicators, a difference of 12. Interactive Investor has basic stock alerts, DEGIRO doesn't. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Interactive Investor offers fund research reports while DEGIRO does not.
Overall, between DEGIRO and Interactive Investor, Interactive Investor is the winner.
DEGIRO Review
Interactive Investor 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.
