Written by StockBrokers.com
In this head to head comparison of Bestinvest vs Lloyds Bank, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Your capital is at risk.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Lloyds Bank offers better pricing than Bestinvest for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Bestinvest would cost £144.75 per year, while Lloyds Bank would cost £95 per year.
12 trades per year - Bestinvest would cost £119.40 - £179.40 per year, while Lloyds Bank would cost £40 - £172 per year.
36 trades per year - Bestinvest would cost £238.20 - £357.60 per year, while Lloyds Bank would cost £40 - £328 per year.
120 trades per year - Bestinvest would cost £654 - £714 per year, while Lloyds Bank would cost £40 / £1,000 per year.
3 fund trades per year - Bestinvest would cost £50 per year, while Lloyds Bank would cost £0 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
For investors in the UK, Bestinvest and Lloyds Bank both provide an array of options to diversify investment portfolios. Both platforms support share and ETF trading, along with the availability of funds and investment trusts. Lloyds Bank, however, offers additional opportunities by allowing the trading of corporate and government bonds (also known as gilts), whereas this service is not reported for Bestinvest. Furthermore, both institutions offer advisor services to assist investors, ensuring informed decisions can be made.
According to UK.StockBrokers.com, Lloyds Bank edges ahead of Bestinvest with a 5-star rating concerning investment choices, compared to Bestinvest's 4.5 stars. Lloyds Bank is ranked 8th out of 21 brokers in this category, while Bestinvest holds the 10th spot. This distinction reflects in part the more comprehensive range of investment options available at Lloyds Bank, making it a notable choice for investors seeking a broad selection.
| Feature |
Bestinvest
|
Lloyds Bank
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | ||
| ETFs | Yes | Yes |
| Funds | Yes | Yes |
| Bonds - Government (Gilts) | Yes | |
| Investment Trusts | Yes | Yes |
| Spread Betting | ||
| Crypto Trading | ||
| Advisor Services | Yes | Yes |
| Investment Choices |
|
|
Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing the trading tools offered by Bestinvest and Lloyds Bank, Bestinvest emerges as a more feature-rich option for UK investors who value comprehensive charting capabilities. Bestinvest provides the ability to display corporate events like earnings, splits, and dividends on charts, which is not an option with Lloyds Bank. In terms of chart customization, Bestinvest allows users to utilize 9 drawing tools and 36 technical indicators, whereas Lloyds Bank does not offer any drawing tools or technical indicators. Additionally, Bestinvest supports adding notes and stock overlays to charts, enhancing the analytics experience further.
Both Bestinvest and Lloyds Bank feature browser-based trading platforms, making it easy for users to access their portfolios from any device. Moreover, both platforms allow the creation of alerts for stock price updates. However, the lack of drawing tools and technical indicators in Lloyds Bank's offerings may be a drawback for customers looking to engage in detailed market analysis. Each platform provides a basic level of trading convenience, but Bestinvest clearly offers a more extensive suite of charting tools and customization options.
| Feature |
Bestinvest
|
Lloyds Bank
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 36 | 0 |
| Charting - Drawing Tools | 9 | 0 |
| Charting - Notes | Yes | |
| Charting - Display Corporate Events | ||
| Charting - Stock Overlays | Yes | |
| Charting - Index Overlays |
When comparing retirement account options between Bestinvest and Lloyds Bank for UK investors, both platforms offer Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs). Whether you choose Bestinvest or Lloyds Bank, you can access tax-efficient saving and investing opportunities through their ISA and SIPP offerings. Consider your specific investment needs and platform features to determine which provider suits you best, as both have similar account options for managing your retirement savings.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For UK investors seeking mobile-friendly financial services, both Bestinvest and Lloyds Bank offer dedicated apps for iPhone and Android users. According to UK.StockBrokers.com, both apps receive a rating of 3.5 out of 5 stars, indicating a comparable level of user satisfaction and functionality. In terms of overall rankings among 21 brokers, Bestinvest slightly edges out Lloyds Bank for mobile app quality, securing the 16th spot, just above Lloyds Bank at 17th. Whether managing investments or banking needs, both platforms provide accessible and efficient mobile solutions for UK users.
Dive deeper: Best Stock Trading Apps UK.
For beginner investors in the UK seeking educational resources, Bestinvest stands out more than Lloyds Bank. Bestinvest offers live educational webinars, which are also archived for on-demand viewing, covering crucial topics such as share trading, funds, and retirement. In contrast, Lloyds Bank does not provide educational webinars or dedicate resources to these investment areas. According to UK.StockBrokers.com, Bestinvest holds a higher rating of 5 stars compared to Lloyds Bank’s 4 stars, and it is ranked 6th among 21 brokers for beginner education, while Lloyds Bank is positioned at 14th. These distinctions make Bestinvest a more appealing choice for novice investors looking to enhance their understanding of the investment landscape.
| Feature |
Bestinvest
|
Lloyds Bank
|
|---|---|---|
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | |
| Education (Share Trading) | Yes | |
| Education (Funds) | Yes | |
| Education (Retirement) | Yes | |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing online broker Bestinvest to Lloyds Bank for market research features, both offer a solid range of research reports for funds and stocks. Bestinvest and Lloyds Bank provide detailed insights into shares, ETFs, and funds, meeting the needs of investors in these areas. However, Bestinvest takes a slight advantage by enabling users to view portfolio allocation by asset class, a feature not mentioned for Lloyds Bank. Additionally, while Lloyds Bank provides research on bonds, neither platform was noted for offering insights on CFDs. Overall, both platforms deliver extensive market research options, with Bestinvest offering a bit more in portfolio transparency, whereas Lloyds Bank covers bond research.
| Feature |
Bestinvest
|
Lloyds Bank
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | ||
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | |
| Research - Funds | Yes | Yes |
| Fund Research - Research Reports | Yes | Yes |
| Portfolio Allocation Breakdown | Yes |
Which broker is better overall, Bestinvest or Lloyds Bank? After collecting more than 900 data points over a 10-week period, we found Bestinvest to be a better trading platform overall.
Bestinvest is a very good broker that should appeal to a wide range of investors. Fees are competitive, particularly if you invest in funds or US shares, and the investment options are extensive. The Bestinvest platform is relatively easy to use and the offer of a free 45 minute session with a financial coach can be a useful starting point for newer investors. Bestinvest is also a great option for a Junior SIPP, as it is one of very few UK brokers offering children’s pensions and with a low entry point.
| Feature |
Bestinvest
|
Lloyds Bank
|
|---|---|---|
| Overall Rating |
|
|
| Charges & Fees |
|
|
| Investment Choices |
|
|
| Mobile App |
|
|
| Website |
|
|
| Ease of Use |
|
|
| Education |
|
|
When comparing online broker Bestinvest with Lloyds Bank, it's important to note that Bestinvest currently does not offer cryptocurrency trading, while Lloyds Bank also does not provide the option for trading digital currencies.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| Review | Bestinvest Review | Lloyds Bank Review | |
| Winner | check_circle |
| Investments | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | Yes | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | |||
| Funds | Yes | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | ||
| Bonds - Government (Gilts) | Yes | ||
| Investment Trusts | Yes | Yes | |
| Spread Betting | |||
| Crypto Trading | |||
| Advisor Services | Yes | Yes |
| Trading Fees | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| Minimum Deposit | £50 | £0 | |
| Share Trading: 0-9 Deals/ Month | £0 - £4.95 | £8 - £11 | |
| Share Trading: 10-19 Deals/ Month | £0 - £4.95 | £8 | |
| Share Trading: 20+ Deals/ Month | £0 - £4.95 | £8 | |
| 5 trades per year (£30k portfolio) | £144.75 | £95 | |
| 12 trades per year (£30k portfolio) | £119.40 - £179.40 | £40 - £172 | |
| 36 trades per year (£30k portfolio) | £238.20 - £357.60 | £40 - £328 | |
| 120 trades per year (£30k portfolio) | £654 - £714 | £40 / £1,000 | |
| 3 fund trades per year (£30k portfolio) | £60 or £120 | £44.50 | |
| Annual Custody Fee: £0 - £250,000 | Up to £500 or £1,000 | £40 | |
| Annual Custody Fee: £250K-£500K | £500 - £1,000 | £40 | |
| Annual Custody Fee: £500,000 - £1m | £100 - £1,000 | £40 | |
| Annual Custody Fee: £1m and over | £0 | £40 | |
| Bonds - Corporate - Fee | £4.95 | £8 - £11 | |
| Bonds - Government (Gilts) - Fee | £4.95 | £8 - £11 | |
| ETFs - Fee | £4.95 | £8 - £11 | |
| Investment Trusts - Fee | £4.95 | £8 - £11 | |
| Telephone Dealing Fee | £30 | £35 |
| Broker Screenshots | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| Website Gallery (click to expand) |
| ||
| Mobile Trading Apps Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
| Platforms & Tools | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 36 | 0 | |
| Charting - Drawing Tools | 9 | 0 | |
| Charting - Notes | Yes | ||
| Charting - Display Corporate Events | |||
| Charting - Stock Overlays | Yes | ||
| Charting - Index Overlays |
| Research | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | ||
| Portfolio Allocation Breakdown | Yes |
| Education | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| Education (Share Trading) | Yes | ||
| Education (Funds) | Yes | ||
| Education (Retirement) | Yes | ||
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes |
| Overall Summary | Bestinvest | Lloyds Bank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| Review | Bestinvest Review | Lloyds Bank Review | |
| Winner | check_circle |
Trading 212 Review
Interactive Brokers Review
Hargreaves Lansdown Review
XTB Review
IG Group Review
eToro Review
Saxo Review
CMC Invest Review
Freetrade Review
Halifax Review
Vanguard Review
