Stockbrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

Lloyds Bank vs eToro 2020

Your capital is at risk.
Is eToro better than Lloyds Bank? After scoring the best share dealing accounts across 46 different variables, Lloyds Bank is better than eToro . Lloyds Bank can deliver value to the passive fund trader, who places a few fund trades each year and requires little research. Outside of this customer mold, Lloyds quickly becomes expensive (stock trades cost £8 - £11) and can’t provide the same trading tools or research as top UK brokers.

Overall Rating

Feature Lloyds Bank eToro
Overall 4 3.5
Lloyds Bank Review eToro Review

Trading Fees

Feature Lloyds Bank eToro
Share Trading: 0-9 Deals/ Month
8 to 11 £0 (Other Fees Apply)
Share Trading: 10-19 Deals/ Month
£8.00 £0 (Other Fees Apply)
Share Trading: 20+ Deals/ Month
£8.00 £0 (Other Fees Apply)
Annual Custody Fee: £0 - £250,000
£40 (flat) £0 (Other Fees Apply)
Bonds - Government (Gilts) - Fee
£11.00 N/A
ETFs - Fee
£11.00 £0 (Other Fees Apply)
Investment Trusts - Fee
£11.00 N/A
Telephone Dealing Fee
£35.00 N/A
Commissions & Fees 4 4
Winner check_circle

Platforms & Tools

Feature Lloyds Bank eToro
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
No Yes
Android App
No Yes
Stock Alerts
Yes Yes
Charting - Indicators / Studies
83 66
Charting - Drawing Tools
17 13
Charting - Notes
Yes No
Charting - Display Corporate Events
No No
Charting - Stock Overlays
No Yes
Platform & Tools 3.5 3.5
Winner check_circle

Research

Feature Lloyds Bank eToro
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes No
Fund Research - Research Reports
No No
Research - ETFs
Yes No
Research - Bonds
Yes No
Portfolio Allocation Breakdown
Yes Yes
Research 4 3.5
Winner check_circle

Investments

Feature Lloyds Bank eToro
Share Trading
Yes Yes
CFD Trading
No Yes
Funds
Yes No
ETFs
Yes Yes
Bonds - Corporate
Yes No
Bonds - Government (Gilts)
Yes No
Investment Trusts
Yes No
Spread Betting
No Yes
Advisor Services
Yes No
Offering of Investments 4 3.5
Winner check_circle

Education

Feature Lloyds Bank eToro
Has Education - Share Trading
Yes Yes
Has Education - Funds
Yes No
Has Education - Retirement
Yes No
Client Webinars
No Yes
Client Webinars (Archived)
No Yes
Education 3.5 3

Overall

Feature Lloyds Bank eToro
Lloyds Bank Review eToro Review
Overall 4 3.5
Winner check_circle

For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare eToro vs Lloyds Bank.

Which broker is less expensive?

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, eToro 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.

1 Trade Per Month - eToro is cheaper. eToro would only cost £75 each year while Lloyds Bank would cost £172.

3 Trades Per Month - eToro is less expensive under this scenario. eToro would cost £75 per year while Lloyds Bank would cost £436.

10 Trades Per Month - eToro is the better choice. Annual fees with eToro would total £75, while annual fees with Lloyds Bank would be £1000.

20 Trades Per Month - eToro costs less in this scenario. Total annual costs with eToro would equal £75, while Lloyds Bank would equal £1960.

Which broker offers a wider range of investment options?

Lloyds Bank offers a more diverse selection of investment options than eToro . Lloyds Bank offers investors access to Advisor Services, ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Which platform offers better research?

Our testing concluded that Lloyds Bank is better for research than eToro . Lloyds Bank offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better?

To compare the trading platforms of both eToro and Lloyds Bank, we tested each broker's trading tools and share dealing app. All features compared, eToro offers a better share dealing platform.

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

eToro Review
Lloyds Bank Review

Related Comparisons



All pricing data was obtained from a published web site as of 01/15/2020 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.

arrow_drop_upBack to top