Stockbrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

IG vs Interactive Investor 2020

Your capital is at risk.
Is IG better than Interactive Investor? After scoring UK share dealing accounts on over 40 different variables, IG is better than Interactive Investor. IG delivers a winning share dealing experience by combining excellent trading tools and competitive commissions (£5.00 - £8.00 per trade) with a user-friendly mobile app. Our testing found that IG excels with its trading platform, which includes excellent charting, screening, and technical analysis.

Low-cost US and UK shares. Foreign exchange fee of just 0.5% Visit Site
Visit Site

Overall Rating

Feature IG Interactive Investor
Overall 4.5 4.5
IG Review Interactive Investor Review

Trading Fees

Feature IG Interactive Investor
Share Trading: 0-9 Deals/ Month
£3 to £8 £7.99
Share Trading: 10-19 Deals/ Month
£3.00 £3.99
Share Trading: 20+ Deals/ Month
£3.00 £3.99
Annual Custody Fee: £0 - £250,000*
£96 (can reduce by trading) £119.88 (£9.99 monthly)
Bonds - Government (Gilts) - Fee
N/A £40.00
ETFs - Fee
£8.00 £7.99
Investment Trusts - Fee
£8.00 £7.99
Telephone Dealing Fee*
£40.00 £49.00
Commissions & Fees 4.5 4.5
Winner check_circle

Platforms & Tools

Feature IG Interactive Investor
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
Yes Yes
Charting - Indicators / Studies
30 11
Charting - Drawing Tools
19 0
Charting - Notes
Yes No
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
Yes Yes
Platform & Tools 4.5 3
Winner check_circle

Research

Feature IG Interactive Investor
Research - Shares
Yes Yes
Research - CFDs
No Yes
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
Yes Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
No Yes
Research 4 4.5
Winner check_circle

Investments

Feature IG Interactive Investor
Share Trading
Yes Yes
CFD Trading
Yes Yes
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
Yes Yes
Spread Betting
Yes Yes
Advisor Services
No No
Offering of Investments 4 4.5
Winner check_circle

Education

Feature IG Interactive Investor
Has Education - Share Trading
Yes No
Has Education - Funds
No No
Has Education - Retirement
No Yes
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Education 4 2.5

Overall

Feature IG Interactive Investor
IG Review Interactive Investor Review
Overall 4.5 4.5
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 IG vs Interactive Investor.

Which broker is cheaper: IG or Interactive Investor?

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. Both IG and Interactive Investor are rated 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.

1 Trade Per Month - IG only charges £96.00 while Interactive Investor charges £119.80.

3 Trades Per Month - IG is cheaper under this scenario. IG would cost £108.00 while Interactive Investor would cost £287.76.

10 Trades Per Month - IG is the cheaper option. Fees with IG would be £360.00 while fees with Interactive Investor would be £622.92.

20 Trades Per Month - IG costs less in this case. IG charges £720.00 while Interactive Investor charges £1,101.72.

The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio Interactive Investor charges £119.88 (£9.99 monthly) while IG charges £96 (can reduce by trading).

Does IG or Interactive Investor offer a wider range of investment options?

Interactive Investor offers a more diverse selection of investment options than IG. Interactive Investor 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 IG or Interactive Investor better for research?

Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Interactive Investor is better for research than IG. Interactive Investor offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better: IG or Interactive Investor?

To compare the trading platforms of both IG and Interactive Investor, we tested each broker's trading tools. Overall, IG offers a better experience. Looking at charting, IG boasts an offering of 19 charting tools compared to Interactive Investor's 0 available charting tools. IG boasts an offering of 30 different indicators (for example, moving averages) compared to Interactive Investor's 11 available indicators.

Overall, between IG and Interactive Investor, IG is the winner.

IG 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.

arrow_drop_upBack to top