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Hargreaves Lansdown vs Barclays 2020

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Is Barclays better than Hargreaves Lansdown? After scoring UK share dealing accounts on over 40 different variables, Hargreaves Lansdown is better than Barclays. Hargreaves Lansdown provides a thorough selection of investment options, high-quality research (some of which is in-house), alongside an excellent mobile app. Conversely, pricing is expensive, and charting tools, as well as educational resources, are just average.

Overall Rating

Feature Hargreaves Lansdown Barclays
Overall 4.5 4
Hargreaves Lansdown Review Barclays Review

Trading Fees

Feature Hargreaves Lansdown Barclays
Share Trading: 0-9 Deals/ Month
£11.95 £6.00
Share Trading: 10-19 Deals/ Month
£8.95 £6.00
Share Trading: 20+ Deals/ Month
£5.95 £6.00
Annual Custody Fee: £0 - £250,000*
0.45% 0.2% (minimum £48)
Bonds - Government (Gilts) - Fee
£11.95 £6.00
ETFs - Fee
£11.95 £6.00
Investment Trusts - Fee
£11.95 £3.00
Telephone Dealing Fee*
£20.00 £25.00
Commissions & Fees 3 4
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Platforms & Tools

Feature Hargreaves Lansdown Barclays
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
26 67
Charting - Drawing Tools
1 17
Charting - Notes
No No
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
Yes No
Platform & Tools 4 3.5
Winner check_circle

Research

Feature Hargreaves Lansdown Barclays
Research - Shares
Yes Yes
Research - CFDs
Yes No
Research - Funds
Yes Yes
Fund Research - Research Reports
Yes Yes
Research - ETFs
Yes Yes
Research - Bonds
Yes Yes
Portfolio Allocation Breakdown
Yes Yes
Research 4.5 4.5
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Investments

Feature Hargreaves Lansdown Barclays
Share Trading
Yes Yes
CFD Trading
No No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
Yes Yes
Bonds - Government (Gilts)
Yes Yes
Investment Trusts
Yes Yes
Spread Betting
No No
Advisor Services
Yes Yes
Offering of Investments 4.5 3.5
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Education

Feature Hargreaves Lansdown Barclays
Has Education - Share Trading
Yes Yes
Has Education - Funds
Yes Yes
Has Education - Retirement
Yes Yes
Client Webinars
No No
Client Webinars (Archived)
No Yes
Education 3.5 4.5

Overall

Feature Hargreaves Lansdown Barclays
Hargreaves Lansdown Review Barclays Review
Overall 4.5 4
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Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts for buying shares online in the UK. In total, 46 individual variables were assessed. For this review, we will compare Barclays vs Hargreaves Lansdown.

To start this comparison, first, we will take a look at the fees charged for dealing in the UK. It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. Barclays is a better option with a 4.00 star rating over Hargreaves Lansdown's 3.00 star rating.

Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.

Scenario 1 - 1 trade per month, for a total of 12 trades per year. Hargreaves Lansdown would charge £278.40 while Barclays would charge £132.

Scenario 2 - 36 trades per year, or 3 trades per month. Hargreaves Lansdown charges £565.20 and Barclays charges £276.

Scenario 3 - If you make 10 trades a month, or 120 per year, the fees with Barclays wold be £780 and the fees with Hargreaves Lansdown would be £1209.

Scenario 4 - 20 trades per month, for a total of 240 trades per year. Hargreaves Lansdown would charge £1563 while Barclays would charge £1500.

Cost aside, we can now turn our focus to popular tools and features investors prefer in the UK. Account access is certainly at the top of the list, and Hargreaves Lansdown provides its clients with ISA, ISA - Junior, SIPP and SIPP - Junior while Barclays provides clients access to ISA, SIPP and SIPP - Junior. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Barclays offers its clients access to 17 charting tools while Hargreaves Lansdown has 1 charting tools, a difference of 16. Barclays offers its clients access to 67 different indicators (for example, volume) while Hargreaves Lansdown has 26 available indicators, a difference of 41. Barclays alongside Hargreaves Lansdown offer basic stock alerts. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Both Barclays and Hargreaves Lansdown offer fund research reports.

Overall, between Barclays and Hargreaves Lansdown, Hargreaves Lansdown is the winner.

Barclays Review
Hargreaves Lansdown Review


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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