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IG vs Hargreaves Lansdown 2020

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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 features.
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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
£8.00 £11.95
Share Trading: 10-19 Deals/ Month
£5.00 £8.95
Share Trading: 20+ Deals/ Month
£5.00 £5.95
Annual Custody Fee: £0 - £250,000*
£96.00 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
28 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.

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. 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.

Scenario 1 - 1 trade per month, for a total of 12 trades per year. IG would charge £96 while Hargreaves Lansdown would charge £278.40.

Scenario 2 - 36 trades per year, or 3 trades per month. Hargreaves Lansdown charges £565.20 and IG charges £288.

Scenario 3 - If you make 10 trades a month, or 120 per year, the fees with IG wold be £600 and the fees with Hargreaves Lansdown would be £1209.

Scenario 4 - If you make 20 trades a month, or 240 per year, the fees with Hargreaves Lansdown wold be £1563 and the fees with IG would be £1200.

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 IG provides its clients with ISA, SIPP and Spread Betting while Hargreaves Lansdown provides clients access to ISA, ISA - Junior, SIPP and SIPP - Junior. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. IG boasts an offering of 19 charting tools compared to Hargreaves Lansdown's 1 available charting tools. Hargreaves Lansdown trails IG by 2 total different indicators (for example, moving averages), with IG offering 28 and Hargreaves Lansdown offering 26. Both Hargreaves Lansdown and IG offer basic stock alerts. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Hargreaves Lansdown has fund research reports, IG doesn't.

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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