DEGIRO vs Lloyds Bank Review
By Steve Miley / June 19th, 2019
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.
Platforms & Tools
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 supports ISA and SIPP while DEGIRO supports 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 offers its clients access to 1 charting tools while DEGIRO has 0 charting tools, a difference of 1. 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.
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.