Written by StockBrokers.com
In this head to head comparison of Interactive Investor vs Saxo, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Your capital is at risk.
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, Interactive Investor offers better pricing than Saxo for share dealing.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
Interactive Investor vs Saxo for UK investors: both platforms cover the mainstream nicely across their accounts, offering share dealing, ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts. Neither offers adviser services. Spread betting details aren’t provided for either platform.
The key differences are in higher-risk markets: Saxo offers cryptocurrency and CFD trading, while Interactive Investor does not. On investment choice alone, UK.StockBrokers.com rates both 5/5 stars, with Saxo ranked 2nd out of 21 brokers and Interactive Investor 3rd.
| Feature |
Interactive Investor
|
Saxo
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | Yes |
| ETFs | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Bonds - Government (Gilts) | Yes | Yes |
| Investment Trusts | Yes | Yes |
| Spread Betting | No | No |
| Crypto Trading | No | Yes |
| Advisor Services | No | No |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
Interactive Investor vs Saxo: for UK investors focused on trading tools and charting, Interactive Investor stands out with corporate events displayed on charts and the ability to add notes—features Saxo lacks. Interactive Investor also offers a larger library of technical indicators (104 vs 64 for Saxo). Both brokers provide a browser-based platform, stock price alerts, and stock overlays on charts, but neither offers index overlays or real-time market data.
If you care about drawing tools, Saxo lists 20, while the exact number for Interactive Investor isn’t specified. In practice, Interactive Investor’s richer indicator set and chart annotations make it appealing for analysis, whereas Saxo may suit traders who want a clearly defined set of drawing tools.
| Feature |
Interactive Investor
|
Saxo
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 104 | 64 |
| Charting - Drawing Tools | 20 | |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | Yes | No |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | No | No |
For UK investors considering online brokers that support retirement accounts, both Interactive Investor and Saxo offer appealing options. Each platform provides access to Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), facilitating tax-efficient investment opportunities tailored for growth. Whether you seek to manage an ISA or plan for retirement with a SIPP, both brokers provide the essential account types, helping you make informed decisions for your financial future. However, the choice may ultimately rest on evaluating other factors like fees, trading tools, and customer support, which can differ between platforms.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Comparing online brokers Interactive Investor and Saxo for mobile trading in the UK: both offer iPhone and Android apps, but UK.StockBrokers.com rates Saxo higher at 5/5 stars and ranks it #1 out of 21 brokers for Mobile Apps, while Interactive Investor earns 4.5/5 stars and ranks #8. If you want the top-rated experience, Saxo leads; if you’re already with Interactive Investor, its app remains well-reviewed and available on both platforms.
Dive deeper: Best Stock Trading Apps UK.
For UK beginner investors comparing Interactive Investor vs Saxo, both brokers offer education on share trading, funds and retirement, and each earns 5/5 for beginner education from UK.StockBrokers.com; however, Saxo ranks #2 of 21 while Interactive Investor is #3. The key difference is webinars: Saxo runs educational client webinars and provides on-demand replays, whereas Interactive Investor offers no webinars or archives. If live sessions and catch-up videos matter, Saxo is the stronger pick; if not, Interactive Investor still delivers highly rated learning across core topics.
| Feature |
Interactive Investor
|
Saxo
|
|---|---|---|
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | Yes | Yes |
| Education (Retirement) | Yes | Yes |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Interactive Investor and Saxo for market research features, both brokers cater well to investors' needs. They each provide comprehensive research reports for funds, allowing you to make informed decisions. Additionally, they offer the ability to view portfolio allocations by asset class, giving you insights into your investments. Whether you're interested in shares, ETFs, funds, or bonds research, both platforms have you covered. This makes either option a solid choice for UK investors seeking detailed market analysis.
| Feature |
Interactive Investor
|
Saxo
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | Yes |
| Research - Funds | Yes | Yes |
| Fund Research - Research Reports | Yes | Yes |
| Portfolio Allocation Breakdown | Yes | Yes |
Which broker is better overall, Interactive Investor or Saxo? After collecting more than 900 data points over a 10-week period, we found Interactive Investor to be a better trading platform overall.
Interactive Investor is a great platform for any investor, offering a wide range of investments for cheap prices on the whole.
| Feature |
Interactive Investor
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Saxo
|
|---|---|---|
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Interactive Investor vs Saxo: among online brokers, only Saxo offers crypto trading, while Interactive Investor does not.
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0 of 5| Overall Rating | Interactive Investor | Saxo | |
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| Review | Interactive Investor Review | Saxo Review | |
| Winner | check_circle |
| Investments | Interactive Investor | Saxo | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | Yes | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | Yes | |
| Mutual Funds | Yes | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | Yes | |
| Bonds - Government (Gilts) | Yes | Yes | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | |||
| Advisor Services | No | No |
| Trading Fees | Interactive Investor | Saxo | |
|---|---|---|---|
| Minimum Deposit | £1 | £0 | |
| Share Trading: 0-9 Deals/ Month | £3.99 | $1 / £3 / €3 | |
| Share Trading: 10-19 Deals/ Month | £3.99 | $1 / £3 / €3 | |
| Share Trading: 20+ Deals/ Month | £3.99 | $1 / £3 / €3 | |
| 5 trades per year (£30k portfolio) | |||
| 12 trades per year (£30k portfolio) | |||
| 36 trades per year (£30k portfolio) | |||
| 120 trades per year (£30k portfolio) | |||
| 3 fund trades per year (£30k portfolio) | |||
| Annual Platform Fee (Funds): £0 - £250,000 | £59.88 / £143.88 | 0.4%, 0.2%, 0.1% | |
| Annual Platform Fee (Funds): £250K-£500K | £143.88 | 0.4%, 0.2%, 0.1% | |
| Annual Platform Fee (Funds): £500,000 - £1m | £143.88 | 0.4%, 0.2%, 0.1% | |
| Annual Platform Fee (Funds): £1m and over | £143.88 | 0.4%, 0.2%, 0.1% | |
| Bonds - Corporate - Fee | £3.99 | €20 minimum | |
| Bonds - Government (Gilts) - Fee | £3.99 | €20 minimum | |
| ETFs - Fee | £3.99 | From $1 | |
| Investment Trusts - Fee | £3.99 | 0.03/0.06/0.08% | |
| Telephone Dealing Fee | £49 | £50 |
| Broker Screenshots | Interactive Investor | Saxo | |
|---|---|---|---|
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| Education Gallery (click to expand) |
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| Platforms & Tools | Interactive Investor | Saxo | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 104 | 64 | |
| Charting - Drawing Tools | 20 | ||
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | No | No |
| Research | Interactive Investor | Saxo | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | Yes | |
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Interactive Investor | Saxo | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | Yes | |
| Education (Retirement) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes |
| Overall Summary | Interactive Investor | Saxo | |
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| Review | Interactive Investor Review | Saxo Review | |
| Winner | check_circle |
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