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Interactive Investor vs Hargreaves Lansdown 2020

Your capital is at risk.
Is Hargreaves Lansdown better than Interactive Investor? After scoring UK share dealing accounts on over 40 different variables, Interactive Investor is better than Hargreaves Lansdown. With Interactive Investor's Super Investor Plan, traders pay a low rate of £3.99 per trade on UK stocks and ETFs. Interactive Investor offers brilliant fundamental research for stocks, funds, investment trusts, and ETFs. That said, limited education is provided and trading tools are lackluster.

Overall Rating

Feature Interactive Investor Hargreaves Lansdown
Overall 4.5 4.5
Interactive Investor Review Hargreaves Lansdown Review

Trading Fees

Feature Interactive Investor Hargreaves Lansdown
Share Trading: 0-9 Deals/ Month
£7.99 £11.95
Share Trading: 10-19 Deals/ Month
£3.99 £8.95
Share Trading: 20+ Deals/ Month
£3.99 £5.95
Annual Custody Fee: £0 - £250,000*
£119.88 (£9.99 monthly) 0.45%
Bonds - Government (Gilts) - Fee
£40.00 £11.95
ETFs - Fee
£7.99 £11.95
Investment Trusts - Fee
£7.99 £11.95
Telephone Dealing Fee*
£49.00 £20.00
Commissions & Fees 4.5 3
Winner check_circle

Platforms & Tools

Feature Interactive Investor Hargreaves Lansdown
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
Yes Yes
Charting - Indicators / Studies
11 26
Charting - Drawing Tools
0 1
Charting - Notes
No No
Charting - Display Corporate Events
No Yes
Charting - Stock Overlays
Yes Yes
Platform & Tools 3 4
Winner check_circle

Research

Feature Interactive Investor Hargreaves Lansdown
Research - Shares
Yes Yes
Research - CFDs
Yes Yes
Research - Funds
Yes Yes
Fund Research - Research Reports
Yes Yes
Research - ETFs
Yes Yes
Research - Bonds
Yes Yes
Portfolio Allocation Breakdown
Yes Yes
Research 4.5 4.5
Winner check_circle

Investments

Feature Interactive Investor Hargreaves Lansdown
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
Yes Yes
Bonds - Government (Gilts)
Yes Yes
Investment Trusts
Yes Yes
Spread Betting
Yes No
Advisor Services
No Yes
Offering of Investments 4.5 4.5
Winner check_circle

Education

Feature Interactive Investor Hargreaves Lansdown
Has Education - Share Trading
No Yes
Has Education - Funds
No Yes
Has Education - Retirement
Yes Yes
Client Webinars
No No
Client Webinars (Archived)
No No
Education 2.5 3.5

Overall

Feature Interactive Investor Hargreaves Lansdown
Interactive Investor Review Hargreaves Lansdown Review
Overall 4.5 4.5
Winner check_circle

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 Interactive Investor.

Which broker is cheaper: Hargreaves Lansdown or Interactive Investor?

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. Interactive Investor is a better option with a 4.50 star rating over Hargreaves Lansdown's 3.00 star rating.

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 - Interactive Investor only charges £119.80 while Hargreaves Lansdown charges £278.40.

3 Trades Per Month - Interactive Investor is cheaper under this scenario. Interactive Investor would cost £287.76 while Hargreaves Lansdown would cost £565.20.

10 Trades Per Month - Interactive Investor is the cheaper option. Fees with Interactive Investor would be £622.92 while fees with Hargreaves Lansdown would be £1,209.00.

20 Trades Per Month - Interactive Investor costs less in this case. Interactive Investor charges £1,101.72 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 Interactive Investor charges £119.88 (£9.99 monthly).

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

Hargreaves Lansdown offers a more diverse selection of investment options than Interactive Investor. 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 Interactive Investor 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 Interactive Investor. Hargreaves Lansdown offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better: Hargreaves Lansdown or Interactive Investor?

To compare the trading platforms of both Hargreaves Lansdown and Interactive Investor, we tested each broker's trading tools. Overall, Hargreaves Lansdown offers a better experience. Looking at charting, Hargreaves Lansdown boasts an offering of 1 charting tools compared to Interactive Investor's 0 available charting tools. Interactive Investor trails Hargreaves Lansdown by 15 total different indicators (for example, moving averages), with Hargreaves Lansdown offering 26 and Interactive Investor offering 11.

Overall, between Hargreaves Lansdown and Interactive Investor, Interactive Investor is the winner.

Hargreaves Lansdown Review
Interactive Investor 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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