Saxo Capital Markets vs DEGIRO Review
By Steve Miley / June 19th, 2019
Is DEGIRO better than Saxo Capital Markets? After ranking 12 UK brokerages who all offer share dealing in our 2019 review, Saxo Capital Markets is better than DEGIRO. Saxo Capital Markets provides a brilliant all-around share trading experience for UK residents. The fees for buying shares are not the cheapest; however, the SaxoTraderGO trading platform is excellent, and there’s an abundant selection of international products to trade.
Platforms & Tools
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched both to provide a single star rating for cost. DEGIRO's score is 4.50 stars versus Saxo Capital Markets's 3.50 stars.
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Saxo Capital Markets provides its clients with ISA and SIPP while DEGIRO provides clients access to none of these. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Saxo Capital Markets offers its clients access to 17 charting tools while DEGIRO has 0 charting tools, a difference of 17. Saxo Capital Markets offers its clients access to 48 different indicators (for example, volume) while DEGIRO has 23 available indicators, a difference of 25. Saxo Capital Markets makes basic stock alerts available to clients, while DEGIRO does not. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. DEGIRO nor Saxo Capital Markets offers fund research reports.
Overall, between DEGIRO and Saxo Capital Markets, Saxo Capital Markets is the winner.
Saxo Capital Markets Review
All pricing data was obtained from a published web site as of 01/08/18 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.