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Saxo Markets vs Interactive Investor 2020
Your capital is at risk.
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Overall Rating
| Feature | Saxo Markets | Interactive Investor |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platform & Tools | ||
| Research | ||
| Education | ||
| Saxo Markets Review | Interactive Investor Review | |
| Winner | check_circle |
Trading Fees
| Feature | Saxo Markets | Interactive Investor |
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Share Trading: 0-9 Deals/ Month |
0.10% (£8 min) | £7.99 (Investor Plan) |
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Share Trading: 10-19 Deals/ Month |
0.10% (£8 min) | £3.99 (Super Investor Plan) |
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Share Trading: 20+ Deals/ Month |
0.10% (£8 min) | £3.99 (Super Investor Plan) |
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Annual Custody Fee: £0 - £250,000 |
0.12% (min. €120 or £ equivalent) | £119.88 (Investor Plan - £9.99 monthly) |
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Bonds - Government (Gilts) - Fee |
0.20% (min. £80) | £40 (when trade value is above £100,000) |
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ETFs - Fee |
0.10% (£8 min) | £7.99 (Investor Plan) |
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Investment Trusts - Fee |
0.10% (£8 min) | £7.99 (Investor Plan) |
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Telephone Dealing Fee |
£50.00 | £49.00 |
Platforms & Tools
| Feature | Saxo Markets | Interactive Investor |
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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 | Yes |
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Charting - Indicators / Studies |
58 | 11 |
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Charting - Drawing Tools |
20 | 0 |
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Charting - Notes |
Yes | No |
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Charting - Display Corporate Events |
No | Yes |
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Charting - Stock Overlays |
Yes | Yes |
Research
| Feature | Saxo Markets | Interactive Investor |
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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 | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | No |
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Portfolio Allocation Breakdown |
Yes | Yes |
Investments
| Feature | Saxo Markets | Interactive Investor |
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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 |
Education
| Feature | Saxo Markets | Interactive Investor |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | Yes |
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Has Education - Retirement |
No | Yes |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | No |
Overall
| Feature | Saxo Markets | Interactive Investor |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platform & Tools | ||
| Research | ||
| Education | ||
| Saxo Markets Review | Interactive Investor Review | |
| Winner | check_circle |
For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Interactive Investor 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, Interactive Investor 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 - Interactive Investor is cheaper. Interactive Investor would only cost £119.80 each year while Saxo Markets would cost £204.00.
3 Trades Per Month - Interactive Investor is less expensive under this scenario. Interactive Investor would cost £287.76 per year while Saxo Markets would cost £396.00.
10 Trades Per Month - Interactive Investor is the better choice. Annual fees with Interactive Investor would total £622.92, while annual fees with Saxo Markets would be £1,068.00.
20 Trades Per Month - Interactive Investor costs less in this scenario. Total annual costs with Interactive Investor would equal £1,101.72, while Saxo Markets would equal £2,028.00.
Which broker offers a wider range of investment options?
Saxo Markets offers a more diverse selection of investment options than Interactive Investor. 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 Interactive Investor. 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 Interactive Investor 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 Interactive Investor and Saxo Markets, Saxo Markets is the winner.
Interactive Investor 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.
