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IG vs Hargreaves Lansdown 2020

Your capital is at risk.
Is Hargreaves Lansdown better than IG? After scoring the best share dealing accounts across 46 different variables, IG is better than Hargreaves Lansdown. Depending on trading frequency, IG can quickly become one of the cheapest share dealing options available, offering trades that range between £3 - £8 for UK markets, and £0 - £10 for U.S. markets. Our testing found that IG, our top broker for share dealing in 2020, excels with its trading platform, featuring excellent charting, screening, and technical analysis features.

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
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 20
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
Yes No
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 4.5 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 Yes
Client Webinars (Archived)
Yes No
Education 4 3.5

Overall

Feature IG Hargreaves Lansdown
IG Review Hargreaves Lansdown Review
Overall 4.5 4
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For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Hargreaves Lansdown vs IG.

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, IG offers better pricing than Hargreaves Lansdown 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 - IG is cheaper. IG would only cost £96.00 each year while Hargreaves Lansdown would cost £278.40.

3 Trades Per Month - IG is less expensive under this scenario. IG would cost £108.00 per year while Hargreaves Lansdown would cost £565.20.

10 Trades Per Month - IG is the better choice. Annual fees with IG would total £360, while annual fees with Hargreaves Lansdown would be £1209.

20 Trades Per Month - IG costs less in this scenario. Total annual costs with IG would equal £720, while Hargreaves Lansdown would equal £1563.

Which broker offers 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.

Which platform offers better research?

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?

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

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

Hargreaves Lansdown Review
IG Review

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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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