Written by StockBrokers.com
In this head to head comparison of CMC Invest 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, CMC Invest offers better pricing than Lloyds Bank 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 - CMC Invest would cost £0 / £120 / £300 per year, while Lloyds Bank would cost £95 per year.
12 trades per year - CMC Invest would cost £0 / £120 / £300 per year, while Lloyds Bank would cost £40 - £172 per year.
36 trades per year - CMC Invest would cost £0 / £120 / £300 per year, while Lloyds Bank would cost £40 - £328 per year.
120 trades per year - CMC Invest would cost £0 / £120 / £300 per year, while Lloyds Bank would cost £40 / £1,000 per year.
3 fund trades per year - CMC Invest would cost £0 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 UK investors looking to make informed choices, CMC Invest and Lloyds Bank both present solid options for trading a variety of financial instruments, including shares, ETFs, and investment trusts. While both platforms support the trading of funds, Lloyds extends its offerings to corporate and government bonds (gilts), providing a broader range of securities. Additionally, Lloyds Bank offers valuable advisory services for those seeking to manage investments with professional guidance.
When evaluating these platforms, user ratings reveal distinct differences. CMC Invest garners a respectable 4.5-star rating for investment choices, placing it at 14th out of 21 brokers ranked by UK.StockBrokers.com. However, Lloyds Bank surpasses this with a 5-star rating and an impressive 8th place ranking. This implies a higher satisfaction level among users regarding the breadth of investment options available at Lloyds Bank, making it a preferred choice for those seeking a more extensive range of investment services.
| Feature |
CMC Invest
|
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 | |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing the trading tools of CMC Invest and Lloyds Bank, each platform has unique features catering to UK investors. CMC Invest provides real-time market data and offers the ability to create alerts for stock price updates, which is particularly beneficial for those wanting to stay informed of market changes moment by moment. However, both platforms lack additional charting features, such as displaying corporate events, integrating drawing tools, or incorporating technical indicators. Importantly, neither allows users to add notes or overlays to charts, potentially limiting advanced chart analysis options.
On the other hand, while Lloyds Bank offers a browser-based trading platform for convenient access, it does not provide real-time market data. Like CMC Invest, it offers the ability to set up alerts for price updates, allowing users to keep track of their investments efficiently. Given these similarities and differences, traders might choose one over the other based on their priorities, such as the necessity of real-time data versus platform accessibility.
| Feature |
CMC Invest
|
Lloyds Bank
|
|---|---|---|
| Web Platform | Yes | |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 0 |
| Charting - Drawing Tools | 0 | 0 |
| Charting - Notes | ||
| Charting - Display Corporate Events | ||
| Charting - Stock Overlays | ||
| Charting - Index Overlays |
When comparing retirement account offerings, both CMC Invest and Lloyds Bank provide options suitable for UK residents looking to plan their financial futures. They each offer Individual Savings Accounts (ISAs), allowing you to save or invest up to a certain limit tax-free each year, which can be a great way to boost your savings. Additionally, they both provide Self-Invested Personal Pensions (SIPPs), giving you the flexibility to manage your pension investments directly. Whether you are aiming to save efficiently through ISAs or actively manage your retirement fund with SIPPs, both CMC Invest and Lloyds Bank offer the accounts needed to meet your financial goals.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Both CMC Invest and Lloyds Bank offer convenient iPhone and Android apps for their users, providing easy access to manage investments and banking on the go. CMC Invest’s mobile app stands out with a 4.5-star rating from UK.StockBrokers.com, ranking 11th out of 21 brokers for mobile app quality. In comparison, Lloyds Bank’s app holds a 3.5-star rating and is placed 17th in the same category. These ratings highlight CMC Invest as a preferable choice for those prioritizing a highly-rated mobile experience.
Dive deeper: Best Stock Trading Apps UK.
In a comparison of beginner investor educational resources between CMC Invest and Lloyds Bank, both platforms receive a commendable four-star rating from UK.StockBrokers.com. CMC Invest stands out with dedicated education on share trading, funds, and retirement, while specific educational offerings from Lloyds Bank in these areas aren't detailed. However, when it comes to online educational webinars, neither CMC Invest nor Lloyds Bank currently offers this feature, nor do they provide archived webinars for on-demand viewing. Among 21 brokers, CMC Invest ranks 15th, just one spot behind Lloyds Bank, which is 14th, indicating both offer reasonably good educational supports for beginners within the UK.
| Feature |
CMC Invest
|
Lloyds Bank
|
|---|---|---|
| Client Webinars | ||
| Client Webinars (Archived) | ||
| Education (Share Trading) | Yes | |
| Education (Funds) | Yes | |
| Education (Retirement) | Yes | |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of CMC Invest and Lloyds Bank, both platforms provide research reports for funds, shares, and ETFs, catering to those interested in diverse investment opportunities. While CMC Invest does not offer research on bonds, Lloyds Bank covers this category, potentially appealing to bond investors. For users looking to diversify their portfolios, both brokers support analysis, although further details on some aspects like portfolio allocation by asset class and CFDs research are not specified for either platform. Thus, both CMC Invest and Lloyds Bank offer solid research capabilities, but the choice may depend on specific market interests, such as bond investments through Lloyds Bank.
| Feature |
CMC Invest
|
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 |
Which broker is better overall, CMC Invest or Lloyds Bank? After collecting more than 900 data points over a 10-week period, we found CMC Invest to be a better trading platform overall.
CMC Invest offers commission-free trading of U.K.-listed shares and U.S. equities via a mobile app only. Though a newer entrant to the U.K. share dealing market and currently somewhat limited, it’s powered by global contender CMC Markets, making it likely that its offerings will expand.
| Feature |
CMC Invest
|
Lloyds Bank
|
|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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| Education |
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CMC Invest facilitates cryptocurrency trading, whereas Lloyds Bank does not offer this service, making CMC Invest a more suitable choice for investors interested in exploring the crypto market.
Select Brokers
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0 of 5| Overall Rating | CMC Invest | Lloyds Bank | |
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| Mobile App |
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| Website |
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| Review | CMC Invest Review | Lloyds Bank Review | |
| Winner | check_circle |
| Investments | CMC Invest | 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 |
| Trading Fees | CMC Invest | Lloyds Bank | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £0 | £8 - £11 | |
| Share Trading: 10-19 Deals/ Month | £0 | £8 | |
| Share Trading: 20+ Deals/ Month | £0 | £8 | |
| 5 trades per year (£30k portfolio) | £0 / £120 / £300 | £95 | |
| 12 trades per year (£30k portfolio) | £0 / £120 / £300 | £40 - £172 | |
| 36 trades per year (£30k portfolio) | £0 / £120 / £300 | £40 - £328 | |
| 120 trades per year (£30k portfolio) | £0 / £120 / £300 | £40 / £1,000 | |
| 3 fund trades per year (£30k portfolio) | £120 | £44.50 | |
| Annual Custody Fee: £0 - £250,000 | £120 | £40 | |
| Annual Custody Fee: £250K-£500K | £120 | £40 | |
| Annual Custody Fee: £500,000 - £1m | £120 | £40 | |
| Annual Custody Fee: £1m and over | £120 | £40 | |
| Bonds - Corporate - Fee | N/A | £8 - £11 | |
| Bonds - Government (Gilts) - Fee | N/A | £8 - £11 | |
| ETFs - Fee | £0 | £8 - £11 | |
| Investment Trusts - Fee | £0 | £8 - £11 | |
| Telephone Dealing Fee | £0 | £35 |
| Broker Screenshots | CMC Invest | Lloyds Bank | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | CMC Invest | Lloyds Bank | |
|---|---|---|---|
| Web Platform | Yes | ||
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 0 | |
| Charting - Drawing Tools | 0 | 0 | |
| Charting - Notes | |||
| Charting - Display Corporate Events | |||
| Charting - Stock Overlays | |||
| Charting - Index Overlays |
| Research | CMC Invest | 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 |
| Education | CMC Invest | Lloyds Bank | |
|---|---|---|---|
| Education (Share Trading) | Yes | ||
| Education (Funds) | Yes | ||
| Education (Retirement) | Yes | ||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | CMC Invest | Lloyds Bank | |
|---|---|---|---|
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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| Education |
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| Review | CMC Invest Review | Lloyds Bank Review | |
| Winner | check_circle |
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