Hargreaves Lansdown vs Barclays Review
By Steve Miley / June 19th, 2019
Is Hargreaves Lansdown better than Barclays? After scoring UK share dealing accounts in six areas for our 2019 review, Barclays is better than Hargreaves Lansdown. Barclays is a reputable “one-stop shop” for share dealing and investments.
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. Both Barclays and Hargreaves Lansdown are rated 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 Barclays supports ISA, SIPP, SIPP - Junior and Spread Betting. 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. Hargreaves Lansdown trails Barclays by 13 total charting tools, with Barclays offering 14 and Hargreaves Lansdown offering 1. Hargreaves Lansdown trails Barclays by 132 total different indicators (for example, moving averages), with Barclays offering 152 and Hargreaves Lansdown offering 20. Barclays and Hargreaves Lansdown both offer basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Hargreaves Lansdown makes fund research reports available to clients, while Barclays does not.
Overall, between Barclays and Hargreaves Lansdown, Barclays is the winner.
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.