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IG vs Saxo Markets 2019

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Is IG Group better than Saxo Markets? After scoring UK share dealing accounts on over 100 different variables, Saxo Markets is better than IG Group. Saxo 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.
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Overall Rating

Feature IG Saxo Markets
Overall 4.5 5
IG Review Saxo Markets Review

Trading Fees

Feature IG Saxo Markets
Share Trading: 0-9 Deals/ Month
£8.00 0.10% (£8 min)
Share Trading: 10-19 Deals/ Month
£5.00 0.10% (£8 min)
Share Trading: 20+ Deals/ Month
£5.00 0.10% (£8 min)
Annual Custody Fee: £0 - £250,000*
£96.00 0.12% (min. €120 or £ equivalent)
Bonds - Government (Gilts) - Fee
N/A 0.20% (min. £72)
ETFs - Fee
£8.00 0.10% (£8 min)
Investment Trusts - Fee
£8.00 0.10% (£8 min)
Telephone Dealing Fee*
£40.00 £50.00
Commissions & Fees 4.5 3.5
Winner check_circle

Platforms & Tools

Feature IG Saxo Markets
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
Yes Yes
Charting - Indicators / Studies
28 49
Charting - Drawing Tools
19 17
Charting - Notes
Yes Yes
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
Yes Yes
Platform & Tools 4.5 5
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Research

Feature IG Saxo Markets
Research - Shares
Yes Yes
Research - CFDs
No Yes
Research - Funds
Yes Yes
Fund Research - Research Reports
No No
Research - ETFs
Yes Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
No Yes
Research 4 4.5
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Investments

Feature IG Saxo Markets
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 No
Advisor Services
No No
Offering of Investments 4 4.5
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Education

Feature IG Saxo Markets
Has Education - Share Trading
Yes Yes
Has Education - Funds
No No
Has Education - Retirement
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Education 4 3.5

Overall

Feature IG Saxo Markets
IG Review Saxo Markets Review
Overall 4.5 5
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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, 124 individual variables were assessed. For this review, we will compare IG Group vs Saxo Markets.

To start this comparison, first, we will take a look at the fees charged for dealing in the UK. 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. IG Group's score is 4.50 stars versus Saxo Markets's 3.50 stars.

Cost aside, we can now turn our focus to popular tools and features investors prefer in the UK. Account access is certainly at the top of the list, and Saxo Markets provides its clients with ISA and SIPP while IG Group provides clients access to ISA, SIPP and Spread Betting. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Saxo Markets trails IG Group by 2 total charting tools, with IG Group offering 19 and Saxo Markets offering 17. Saxo Markets offers its clients access to 48 different indicators (for example, volume) while IG Group has 26 available indicators, a difference of 22. IG Group and Saxo Markets both offer basic stock alerts. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. IG Group nor Saxo Markets offers fund research reports.

Overall, between IG Group and Saxo Markets, Saxo Markets is the winner.

IG Group Review
Saxo 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.

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