Hargreaves Lansdown vs Alliance Trust Savings Review
By Steve Miley / June 19th, 2019
Is Hargreaves Lansdown better than Alliance Trust Savings? After scoring UK share dealing accounts in six areas for our 2019 review, Hargreaves Lansdown is better than Alliance Trust Savings. While Hargreaves Lansdown provides clients a rich offering of investments and services, its trading platform and education area struggle to justify the high commissions and fees charged.
Platforms & Tools
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. Alliance Trust Savings's score is 4.00 stars versus Hargreaves Lansdown'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 Hargreaves Lansdown supports ISA, ISA - Junior, SIPP, SIPP - Junior and Spread Betting while Alliance Trust Savings supports ISA, ISA - Junior, SIPP and SIPP - Junior. 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. Both brokers offer clients access to the same number of charting tools, 1. Hargreaves Lansdown boasts an offering of 20 different indicators (for example, moving averages) compared to Alliance Trust Savings's 10 available indicators. Hargreaves Lansdown makes basic stock alerts available to clients, while Alliance Trust Savings does not. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Both Alliance Trust Savings and Hargreaves Lansdown offer fund research reports.
Overall, between Alliance Trust Savings and Hargreaves Lansdown, Hargreaves Lansdown is the winner.
Alliance Trust Savings Review
Hargreaves Lansdown 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.