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

Saxo Markets vs Lloyds Bank 2019

Steve Miley
Your capital is at risk.

Is Saxo Markets better than Lloyds Bank? After scoring UK share dealing accounts in six areas for our 2019 review, Saxo Markets is better than Lloyds Bank. 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.

Overall Rating

Feature Saxo Markets Lloyds Bank
Overall 4.5 3
Saxo Markets Review Lloyds Bank Review

Trading Fees

Feature Saxo Markets Lloyds Bank
Share Trading: 0-9 Deals/ Month
0.10% (£4.99 min) £11.00
Share Trading: 10-19 Deals/ Month
0.10% (£4.99 min) £8.00
Share Trading: 20+ Deals/ Month
0.10% (£4.99 min) £8.00
Annual Custody Fee: £0 - £250,000*
0.12% £40.00
Bonds - Government (Gilts) - Fee
0.08% £11.00
ETFs - Fee
N/A £11.00
Investment Trusts - Fee
N/A £11.00
Telephone Dealing Fee*
N/A £35.00
Commissions & Fees 3.5 4
Winner check_circle

Platforms & Tools

Feature Saxo Markets Lloyds Bank
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
48 43
Charting - Drawing Tools
17 1
Charting - Notes
Yes No
Charting - Display Corporate Events
No Yes
Charting - Stock Overlays
Yes Yes
Platform & Tools 4.5 3
Winner check_circle

Research

Feature Saxo Markets Lloyds Bank
Research - Shares
Yes Yes
Research - CFDs
Yes No
Research - Funds
Yes Yes
Fund Research - Research Reports
No No
Research - ETFs
No No
Research - Bonds
Yes No
Portfolio Allocation Breakdown
Yes Yes
Research 4 3.5
Winner check_circle

Investments

Feature Saxo Markets Lloyds Bank
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
Yes Yes
Bonds - Government (Gilts)
Yes Yes
Investment Trusts
Yes Yes
Spread Betting
No No
Banking Services
No Yes
Advisor Services
Yes Yes
Offering of Investments 4.5 3.5
Winner check_circle

Education

Feature Saxo Markets Lloyds Bank
Has Education - Share Trading
Yes Yes
Has Education - Funds
No No
Has Education - Retirement
No No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Education 3 1
Winner check_circle

Overall

Feature Saxo Markets Lloyds Bank
Saxo Markets Review Lloyds Bank Review
Overall 4.5 3
Winner check_circle
After seven months and hundreds of hours of researching 12 different share dealing brokers, the UK.StockBrokers.com team collected thousands of data points. To focus on two brokers, we will now compare Lloyds Bank vs Saxo Markets.

First, we will compare the fees charged for dealing in the UK. There are two primary fees: the cost to place each trade and the monthly, quarterly, or annual management fee charged which varies depending on the type and size of your portfolio. We researched both to provide a single star rating for cost. Lloyds Bank received a rating of 4.00 stars over Saxo Markets's 3.50 stars.

Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Both Lloyds Bank and Saxo Markets support ISA and SIPP. Next, some traders desire robust charting, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Saxo Markets boasts an offering of 17 charting tools compared to Lloyds Bank's 1 available charting tools. Lloyds Bank trails Saxo Markets by 5 total different indicators (for example, moving averages), with Saxo Markets offering 48 and Lloyds Bank offering 43. Lloyds Bank alongside Saxo Markets offer basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Lloyds Bank nor Saxo Markets offers fund research reports.

Overall, between Lloyds Bank and Saxo Markets, Saxo Markets is the winner.

Lloyds Bank 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.

arrow_drop_upBack to top