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IG vs Hargreaves Lansdown 2020

Your capital is at risk.
Is Hargreaves Lansdown better than IG? After scoring UK share dealing accounts on over 40 different variables, IG is better than Hargreaves Lansdown. IG delivers a winning share dealing experience by combining excellent trading tools and competitive commissions (£5.00 - £8.00 per trade) with a user-friendly mobile app. Our testing found that IG excels with its trading platform, which includes excellent charting, screening, and technical analysis.

Low-cost US and UK shares. Foreign exchange fee of just 0.5% Visit Site
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Overall Rating

Feature IG Hargreaves Lansdown
Overall 4.5 4.5
IG Review Hargreaves Lansdown Review

Trading Fees

Feature IG Hargreaves Lansdown
Share Trading: 0-9 Deals/ Month
£3 to £8 £11.95
Share Trading: 10-19 Deals/ Month
£3.00 £8.95
Share Trading: 20+ Deals/ Month
£3.00 £5.95
Annual Custody Fee: £0 - £250,000*
£96 (can reduce by trading) 0.45%
Bonds - Government (Gilts) - Fee
N/A £11.95
ETFs - Fee
£8.00 £11.95
Investment Trusts - Fee
£8.00 £11.95
Telephone Dealing Fee*
£40.00 £20.00
Commissions & Fees 4.5 3
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Platforms & Tools

Feature IG Hargreaves Lansdown
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
Yes Yes
Charting - Indicators / Studies
30 26
Charting - Drawing Tools
19 1
Charting - Notes
Yes No
Charting - Display Corporate Events
Yes Yes
Charting - Stock Overlays
Yes Yes
Platform & Tools 4.5 4
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Research

Feature IG Hargreaves Lansdown
Research - Shares
Yes Yes
Research - CFDs
No Yes
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
Yes Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
No Yes
Research 4 4.5
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Investments

Feature IG Hargreaves Lansdown
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
Yes Yes
Spread Betting
Yes No
Advisor Services
No Yes
Offering of Investments 4 4.5
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Education

Feature IG Hargreaves Lansdown
Has Education - Share Trading
Yes Yes
Has Education - Funds
No Yes
Has Education - Retirement
No Yes
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Education 4 3.5

Overall

Feature IG Hargreaves Lansdown
IG Review Hargreaves Lansdown Review
Overall 4.5 4.5
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Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts for buying shares online in the UK. In total, 46 individual variables were assessed. For this review, we will compare Hargreaves Lansdown vs IG.

Which broker is cheaper: Hargreaves Lansdown or IG?

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. IG received a rating of 4.50 stars over Hargreaves Lansdown's 3.00 stars.

Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.

1 Trade Per Month - IG only charges £96.00 while Hargreaves Lansdown charges £278.40.

3 Trades Per Month - IG is cheaper under this scenario. IG would cost £108.00 while Hargreaves Lansdown would cost £565.20.

10 Trades Per Month - IG is the cheaper option. Fees with IG would be £360.00 while fees with Hargreaves Lansdown would be £1,209.00.

20 Trades Per Month - IG costs less in this case. IG charges £720.00 while Hargreaves Lansdown charges £1,563.00.

The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio Hargreaves Lansdown charges 0.45% while IG charges £96 (can reduce by trading).

Does Hargreaves Lansdown or IG offer a wider range of investment options?

Hargreaves Lansdown offers a more diverse selection of investment options than IG. Hargreaves Lansdown 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.

Is Hargreaves Lansdown or IG better for research?

Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Hargreaves Lansdown is better for research than IG. Hargreaves Lansdown offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better: Hargreaves Lansdown or IG?

To compare the trading platforms of both Hargreaves Lansdown and IG, we tested each broker's trading tools. Overall, IG offers a better experience. Looking at charting, Hargreaves Lansdown trails IG by 18 total charting tools, with IG offering 19 and Hargreaves Lansdown offering 1. Hargreaves Lansdown trails IG by 4 total different indicators (for example, moving averages), with IG offering 30 and Hargreaves Lansdown offering 26.

Overall, between Hargreaves Lansdown and IG, IG is the winner.

Hargreaves Lansdown Review
IG Review


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.

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