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Saxo Markets vs DEGIRO 2020
Your capital is at risk.
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Overall Rating
| Feature | Saxo Markets | DEGIRO |
| Overall | ||
| Saxo Markets Review | DEGIRO Review |
Trading Fees
| Feature | Saxo Markets | DEGIRO |
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Share Trading: 0-9 Deals/ Month |
0.10% (£8 min) | £ 1.75 + 0.014% |
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Share Trading: 10-19 Deals/ Month |
0.10% (£8 min) | £ 1.75 + 0.014% (Maximum £ 5.00) |
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Share Trading: 20+ Deals/ Month |
0.10% (£8 min) | £ 1.75 + 0.014% (Maximum £ 5.00) |
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Annual Custody Fee: £0 - £250,000* |
0.12% (min. €120 or £ equivalent) | 0% |
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Bonds - Government (Gilts) - Fee |
0.20% (min. £72) | € 2.00 + 0.06% |
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ETFs - Fee |
0.10% (£8 min) | €2 + 0.03% |
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Investment Trusts - Fee |
0.10% (£8 min) | € 7.50 + 0.10% |
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Telephone Dealing Fee* |
£50.00 | € 10.00 + 0.10% per order |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Saxo Markets | 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 |
49 | 23 |
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Charting - Drawing Tools |
17 | 0 |
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Charting - Notes |
Yes | No |
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Charting - Display Corporate Events |
No | Yes |
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Charting - Stock Overlays |
Yes | No |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Saxo Markets | DEGIRO |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | 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 |
Yes | No |
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Portfolio Allocation Breakdown |
Yes | No |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Saxo Markets | 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 |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Saxo Markets | 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 | Saxo Markets | DEGIRO |
| Saxo Markets Review | DEGIRO Review | |
| Overall | ||
| Winner | check_circle |
Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts for buying shares online in the UK. In total, 46 individual variables were assessed. For this review, we will compare DEGIRO vs Saxo Markets.
Which broker is cheaper: DEGIRO or Saxo Markets?
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 is a better option with a 5.00 star rating over Saxo Markets's 3.50 star rating.
Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.
1 Trade Per Month - DEGIRO only charges £34 while Saxo Markets charges £204.
3 Trades Per Month - DEGIRO is cheaper under this scenario. DEGIRO would cost £104 while Saxo Markets would cost £396.
10 Trades Per Month - DEGIRO is the cheaper option. Fees with DEGIRO would be £346 while fees with Saxo Markets would be £1068.
20 Trades Per Month - DEGIRO costs less in this case. DEGIRO charges £693 while Saxo Markets charges £2028.
The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio DEGIRO charges 0% while Saxo Markets charges 0.12% (min. €120 or £ equivalent).
Does DEGIRO or Saxo Markets offer a wider range of investment options?
Saxo Markets offers a more diverse selection of investment options than DEGIRO. Saxo Markets offers investors access to ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Is DEGIRO or Saxo Markets better for research?
Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Saxo Markets is better for research than DEGIRO. Saxo Markets offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better: DEGIRO or Saxo Markets?
To compare the trading platforms of both DEGIRO and Saxo Markets, we tested each broker's trading tools. Overall, Saxo Markets offers a better experience. Looking at charting, Saxo Markets boasts an offering of 17 charting tools compared to DEGIRO's 0 available charting tools. Saxo Markets boasts an offering of 49 different indicators (for example, moving averages) compared to DEGIRO's 23 available indicators.
Overall, between DEGIRO and Saxo Markets, Saxo Markets is the winner.
DEGIRO ReviewSaxo Markets 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.
