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Is AJ Bell Youinvest better than Lloyds Bank? After ranking 12 UK brokerages who all offer share dealing in our 2019 review, AJ Bell Youinvest is better than Lloyds Bank. AJ Bell Youinvest offers low-cost trading for frequent traders, quality in-house research, as well as impressive mobile trading applications; however, the downside is that the company offers an average trading platform and basic education resources.
To find a right broker for share dealing, we spent seven months and hundreds of hours of assessing 12 different share dealing brokers based in the UK. Here, we will focus on two brokers and compare AJ Bell Youinvest vs Lloyds Bank.
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (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 AJ Bell Youinvest's 3.50 stars.
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Lloyds Bank provides its clients with ISA and SIPP while AJ Bell Youinvest provides clients access to ISA, ISA - Junior, SIPP and SIPP - Junior. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. AJ Bell Youinvest and Lloyds Bank offer the same number of charting tools, 1. Lloyds Bank offers its clients access to 43 different indicators (for example, volume) while AJ Bell Youinvest has 10 available indicators, a difference of 33. Lloyds Bank makes basic stock alerts available to clients, while AJ Bell Youinvest does not. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. AJ Bell Youinvest makes fund research reports available to clients, while Lloyds Bank does not.
Overall, between AJ Bell Youinvest and Lloyds Bank, AJ Bell Youinvest is the winner.
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.