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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. £80) | € 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 | £8.50 |
| 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 |
58 | 13 |
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Charting - Drawing Tools |
20 | 9 |
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Charting - Notes |
Yes | Yes |
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Charting - Display Corporate Events |
No | Yes |
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Charting - Stock Overlays |
Yes | Yes |
| 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 |
For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare DEGIRO vs Saxo Markets.
Which broker is less expensive?
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 Saxo Markets 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.
1 Trade Per Month - DEGIRO is cheaper. DEGIRO would only cost £34 each year while Saxo Markets would cost £204.
3 Trades Per Month - DEGIRO is less expensive under this scenario. DEGIRO would cost £104 per year while Saxo Markets would cost £396.
10 Trades Per Month - DEGIRO is the better choice. Annual fees with DEGIRO would total £346, while annual fees with Saxo Markets would be £1068.
20 Trades Per Month - DEGIRO costs less in this scenario. Total annual costs with DEGIRO would equal £693, while Saxo Markets would equal £2028.
Which broker offers 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.
Which platform offers better research?
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?
To compare the trading platforms of both DEGIRO and Saxo Markets, we tested each broker's trading tools and share dealing app. All features compared, Saxo Markets offers a better share dealing platform.
Overall, between DEGIRO and Saxo Markets, Saxo Markets is the winner.
DEGIRO ReviewSaxo Markets Review
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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.
