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Barclays Review

Barclays Smart Investor offers average share dealing commissions (£6 per trade) alongside a good selection of research tools and education. However, there is no dedicated mobile app for share dealing, and the trading tools offered are just average.

Top Takeaways for 2020

After reviewing Barclays Smart Investor, here are our top findings:

  • Founded in 1896, Barclays has more than 200,000 Smart Investor customers. At £6 per trade and a minimum fee of £4 per month, it's hard to justify Barclays from a cost perspective. Custody fees for funds are 0.20% on all holdings under £250,000. Brokers such as FinecoBank offer cheaper pricing for trading shares and funds, while Lloyds Bank offers more affordable pricing for traders that exclusively deal funds.
  • A wide range of research and education is available for stocks and funds, allowing investors to look at broad market segments or individual assets. That said, Barclays is the only broker in our review that does not offer shares trading in international markets outside of the UK.
  • Disappointingly, Barclays does not currently offer a mobile app for share dealing. Furthermore, the website provides just an average trading experience plagued with usability issues. We were left wanting more, especially after using IG and Saxo Markets.
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Gallery

Overall Summary

FeatureBarclays
Overall 4 Stars
Offering of Investments 3.5 Stars
Commissions & Fees 4 Stars
Platform & Tools 4 Stars
Research 4.5 Stars
Education 4.5 Stars

Steve Miley

About the author: With 25 years of experience in institutional financial markets, Steve has won multiple Technical Analyst Magazine awards, including "Best Independent Fixed Income" and "Best FX Research." Alongside StockBrokers.com, Steve is the founder of The Market Chartist where he provides market research for institutional clients.

Blain Reinkensmeyer

About the author: As Head of Research at StockBrokers.com, Blain Reinkensmeyer has 18 years of trading experience with over 1,000 trades placed during that time. Referenced as a leading expert on the US online brokerage industry, Blain has been quoted in The New York Times, Forbes, and the Chicago Tribune, among others.

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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.

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