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DEGIRO vs Lloyds Bank 2019

Steve Miley
Your capital is at risk.

Is DEGIRO better than Lloyds Bank? After ranking 12 UK brokerages who all offer share dealing in our 2019 review, DEGIRO is better than Lloyds Bank. DEGIRO is a no frills, low-cost online share-dealing broker challenging the UK market.

Overall Rating

Feature DEGIRO Lloyds Bank
Overall 3.5 3
DEGIRO Review Lloyds Bank Review

Trading Fees

Feature DEGIRO Lloyds Bank
Share Trading: 0-9 Deals/ Month
£1.75 £11.00
Share Trading: 10-19 Deals/ Month
£1.75 £8.00
Share Trading: 20+ Deals/ Month
£1.75 £8.00
Annual Custody Fee: £0 - £250,000*
0% £40.00
Bonds - Government (Gilts) - Fee
N/A £11.00
ETFs - Fee
£1.75 £11.00
Investment Trusts - Fee
£0.00 £11.00
Telephone Dealing Fee*
N/A £35.00
Commissions & Fees 4.5 4
Winner check_circle

Platforms & Tools

Feature DEGIRO Lloyds Bank
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
No Yes
Charting - Indicators / Studies
23 43
Charting - Drawing Tools
0 1
Charting - Notes
No No
Charting - Display Corporate Events
Yes Yes
Charting - Stock Overlays
No Yes
Platform & Tools 3 3
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Research

Feature DEGIRO Lloyds Bank
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No No
Research - ETFs
No No
Research - Bonds
No No
Portfolio Allocation Breakdown
No Yes
Research 1 3.5
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Investments

Feature DEGIRO Lloyds Bank
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
Yes Yes
Investment Trusts
Yes Yes
Spread Betting
No No
Banking Services
No Yes
Advisor Services
No Yes
Offering of Investments 3 3.5
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Education

Feature DEGIRO Lloyds Bank
Has Education - Share Trading
Yes Yes
Has Education - Funds
No No
Has Education - Retirement
No No
Client Webinars
No No
Client Webinars (Archived)
No No
Education 3 1
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Overall

Feature DEGIRO Lloyds Bank
DEGIRO Review Lloyds Bank Review
Overall 3.5 3
Winner check_circle
To find a right broker for share dealing, we spent seven months and hundreds of hours of assessing 12 different share dealing brokers based in the UK. Here, we will focus on two brokers and compare DEGIRO vs Lloyds Bank.

Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched both to provide a single star rating for cost. DEGIRO received a rating of 4.50 stars over Lloyds Bank's 4.00 stars.

Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Lloyds Bank provides its clients with ISA and SIPP while DEGIRO provides clients access to none of these. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Lloyds Bank boasts an offering of 1 charting tools compared to DEGIRO's 0 available charting tools. Lloyds Bank boasts an offering of 43 different indicators (for example, moving averages) compared to DEGIRO's 23 available indicators. Lloyds Bank offers basic stock alerts while DEGIRO does not. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Neither DEGIRO and Lloyds Bank offer fund research reports.

Overall, between DEGIRO and Lloyds Bank, DEGIRO is the winner.

DEGIRO Review
Lloyds Bank 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.

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