To find a right broker for share dealing
, we spent seven months and hundreds of hours of assessing 12 different share dealing brokers based in the UK. Here, we will focus on two brokers and compare Fidelity International vs IG Group.
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. IG Group's score is 4.50 stars versus Fidelity International'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 IG Group provides its clients with ISA, SIPP and Spread Betting while Fidelity International provides clients access to ISA, ISA - Junior, SIPP and SIPP - Junior. 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. Fidelity International trails IG Group by 19 total charting tools, with IG Group offering 19 and Fidelity International offering 0. IG Group boasts an offering of 26 different indicators (for example, moving averages) compared to Fidelity International's 0 available indicators. IG Group offers basic stock alerts while Fidelity International does not. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Fidelity International has fund research reports, IG Group doesn't.
Overall, between Fidelity International and IG Group, IG Group is the winner
Fidelity International Review
IG Group Review