Overview of Barclays alternatives
Are you not fully satisfied with the services of Barclays and looking for some similar, but better options? Or maybe it's not available in your country, and you're interested in another broker like it?
We dug through our database to find other trusted providers that may better fit your needs. In our expert view, the best alternatives to Barclays are:
- Interactive Brokers - International broker providing all asset classes
- Ally Invest - US stockbroker
- E*TRADE - US stockbroker
- Charles Schwab - US discount broker
- Fidelity - US stockbroker
- Firstrade - US discount broker
- J.P. Morgan Self-Directed Investing - US-based discount broker
- moomoo - US zero-fee discount broker
- Merrill Edge - US discount broker
- Vanguard - US stockbroker
Together with my brokerage analyst colleagues, I have thoroughly tested the services of over 100 trusted brokers around the world by opening a real-money account. Here's what you need to know about finding alternatives to Barclays:
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You have several great options when looking for an alternative to Barclays.
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These alternatives offer similar products and target similar clients as Barclays.
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Compare some key factors (like fees) to find the broker that best suits your needs.
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Use our Compare Brokers tool to dig deeper into the differences between brokers.
In the table below we collected all the most important details so you can check how the Barclays and its alternatives compare to each other. Just use the drop-down menus to select the features you want to compare.
Broker | Broker intro |
---|---|
Barclays | UK-based stockbroker |
Interactive Brokers | International broker providing all asset classes |
Ally Invest | US stockbroker |
E*TRADE | US stockbroker |
Charles Schwab | US discount broker |
Fidelity | US stockbroker |
Firstrade | US discount broker |
J.P. Morgan Self-Directed Investing | US-based discount broker |
moomoo | US zero-fee discount broker |
Merrill Edge | US discount broker |
Vanguard | US stockbroker |
Popularity of the best alternative brokers to Barclays
Interested in what others think? Here's how many people chose these brokers, which are the best alternatives to Barclays, at BrokerChooser in the last 6 months.
Why are these brokers considered good alternatives to Barclays?
When we say a given online broker is a good alternative to Barclays we mean that these brokers are similar to Barclays in:
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the products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
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the type of clients they target, i.e. beginners, experienced investors, or day traders.
Look into these areas when comparing Barclays alternatives
When trying to find the the best alternative choice to Barclays, you should check and compare their characteristics along these five main categories that best bring out the differences between brokers:
Fees: Your online brokerage may charge different types of fees, and both the number and the size of these fees may vary significantly from broker to broker. This can greatly impact your returns and overall experience. Barclays's fees are considered average. When picking an alternative, you could prioritize brokers that are cheaper than Barclays.
Account opening: To open an account some brokers don't ask for a minimum deposit at all, while others may require up to €50,000 to be invested. The time it takes to open your account can be very different as well. At Barclays, the account opening is slower than average, so if you consider this important some Barclays alternatives could be a good choice.
Deposit/withdrawal: The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Barclays, this might not be the case at its alternatives.
Web trading platform: While online brokers are usually available on various platforms like mobile and tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products: A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Barclays alternative is a must.
So far BrokerChooser has reviewed 104 online brokers in detail, which gives this comparison a solid foundation. Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with importance based on the preferences of real traders
- refresh data regularly
Now let's dive into the details of how Barclays and its alternatives perform in the most important areas!
Barclays and its alternatives compared
Broker | US stock | UK stock |
---|---|---|
Barclays | $7.6 | $7.6 |
Interactive Brokers | $1.0 | $3.8 |
Ally Invest | $0.0 | - |
E*TRADE | $0.0 | - |
Charles Schwab | $0.0 | - |
Fidelity | $0.0 | $11.3 |
Firstrade | $0.0 | - |
J.P. Morgan Self-Directed Investing | $0.0 | - |
moomoo | $0.0 | - |
Merrill Edge | $0.0 | - |
Vanguard | $0.0 | - |
Broker | Minimum deposit |
---|---|
Barclays | $0 |
Interactive Brokers | $0 |
Ally Invest | $0 |
E*TRADE | $0 |
Charles Schwab | $0 |
Fidelity | $0 |
Firstrade | $0 |
J.P. Morgan Self-Directed Investing | $0 |
moomoo | $0 |
Merrill Edge | $0 |
Vanguard | $0 |
Learn more about Barclays minimum deposit details.
Broker | Bank transfer | Credit/debit card |
---|---|---|
Barclays | ||
Interactive Brokers | ||
Ally Invest | ||
E*TRADE | ||
Charles Schwab | ||
Fidelity | ||
Firstrade | ||
J.P. Morgan Self-Directed Investing | ||
moomoo | ||
Merrill Edge | ||
Vanguard |
Broker | Web platform score | Mobile platform score |
---|---|---|
Barclays | 3.5 /5 | 0.0 /5 |
Interactive Brokers | 4.3 /5 | 4.3 /5 |
Ally Invest | 4.5 /5 | 5.0 /5 |
E*TRADE | 4.5 /5 | 4.5 /5 |
Charles Schwab | 4.3 /5 | 4.7 /5 |
Fidelity | 4.5 /5 | 5.0 /5 |
Firstrade | 4.5 /5 | 4.5 /5 |
J.P. Morgan Self-Directed Investing | 3.9 /5 | 4.9 /5 |
moomoo | 0.0 /5 | 5.0 /5 |
Merrill Edge | 4.3 /5 | 4.8 /5 |
Vanguard | 2.7 /5 | 4.4 /5 |
Learn more about Barclays's web trading platform in the detailed Barclays review.
Broker | Stocks | ETFs |
---|---|---|
Barclays | ||
Interactive Brokers | ||
Ally Invest | ||
E*TRADE | ||
Charles Schwab | ||
Fidelity | ||
Firstrade | ||
J.P. Morgan Self-Directed Investing | ||
moomoo | ||
Merrill Edge | ||
Vanguard |
Recommended for traders looking for broad market access and a professional trading environment
Broker intro | International broker providing all asset classes |
Overall score | 4.9 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1-3 days |
Read review | For a detailed analysis of Interactive Brokers, check out our review for 2025. |
Recommended for investors and traders looking for low fees and focusing on the US market
Broker intro | US stockbroker |
Overall score | 4.5 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1-3 days |
Read review | For a detailed analysis of Ally Invest, check out our review for 2025. |
Recommended for investors and traders looking for solid research and a great mobile trading platform
Broker intro | US stockbroker |
Overall score | 4.4 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1-3 days |
Read review | For a detailed analysis of E*TRADE, check out our review for 2025. |
Recommended for investors and traders looking for solid research, low fees and great customer service
Broker intro | US discount broker |
Overall score | 4.6 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1 day |
Read review | For a detailed analysis of Charles Schwab, check out our review for 2025. |
Recommended for investors and traders looking for solid research and great trading platforms
Broker intro | US stockbroker |
Overall score | 4.5 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1-3 days |
Read review | For a detailed analysis of Fidelity, check out our review for 2025. |
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market
Broker intro | US discount broker |
Overall score | 4.1 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1-3 days |
Read review | For a detailed analysis of Firstrade, check out our review for 2025. |
Recommended for beginners and buy-and-hold investors focusing on the US stock market
Broker intro | US-based discount broker |
Overall score | 4.5 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1 day |
Read review | For a detailed analysis of J.P. Morgan Self-Directed Investing, check out our review for 2025. |
Recommended for investors and traders looking for zero-commission trading and focusing on US markets
Broker intro | US zero-fee discount broker |
Overall score | 4.5 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1-3 days |
Read review | For a detailed analysis of moomoo, check out our review for 2025. |
Recommended for investors and traders looking for low fees, quick account opening and simple platforms
Broker intro | US discount broker |
Overall score | 4.5 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1 day |
Read review | For a detailed analysis of Merrill Edge, check out our review for 2025. |
Recommended for long-term investors looking for great ETF and mutual fund selection
Broker intro | US stockbroker |
Overall score | 4.2 stars |
Minimum deposit | $0 |
Inactivity fee | No |
Time to open account | 1-3 days |
Read review | For a detailed analysis of Vanguard, check out our review for 2025. |
Dig deeper into comparing Barclays alternatives
Based on our analysis, there are several good alternatives to Barclays. They all offer similar products and target similar customers.
If you want to dig deeper into the differences between the best alternatives for Barclays in your country, head over to our Compare Broker tool, where you can compare brokers by filtering for various criteria including minimum deposits, fees, available products and more.
For comprehensive insights into Barclays, read our Barclays review for 2025. Our analysis is based on more than 600 individual data points as well as first-hand experience.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.