Hargreaves Lansdown vs DEGIRO Review
By Steve Miley / June 19th, 2019
Is DEGIRO better than Hargreaves Lansdown? After scoring UK share dealing accounts on over 100 different variables, Hargreaves Lansdown is better than DEGIRO. 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
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. DEGIRO is a better option with a 4.50 star rating over Hargreaves Lansdown's 3.50 star rating.
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 supports ISA, ISA - Junior, SIPP, SIPP - Junior and Spread Betting while DEGIRO supports none of these. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Hargreaves Lansdown offers its clients access to 1 charting tools while DEGIRO has 0 charting tools, a difference of 1. DEGIRO offers its clients access to 23 different indicators (for example, volume) while Hargreaves Lansdown has 20 available indicators, a difference of 3. Hargreaves Lansdown makes basic stock alerts available to clients, while DEGIRO does not. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Hargreaves Lansdown has fund research reports, DEGIRO doesn't.
Overall, between DEGIRO and Hargreaves Lansdown, Hargreaves Lansdown 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.