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Hargreaves Lansdown vs Interactive Investor 2020
Your capital is at risk.
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Overall Rating
| Feature | Hargreaves Lansdown | Interactive Investor |
| Overall | ||
| Hargreaves Lansdown Review | Interactive Investor Review |
Trading Fees
| Feature | Hargreaves Lansdown | Interactive Investor |
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Share Trading: 0-9 Deals/ Month |
£11.95 | £7.99 |
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Share Trading: 10-19 Deals/ Month |
£8.95 | £3.99 |
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Share Trading: 20+ Deals/ Month |
£5.95 | £3.99 |
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Annual Custody Fee: £0 - £250,000* |
0.45% | £119.88 |
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Bonds - Government (Gilts) - Fee |
£11.95 | £40.00 |
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ETFs - Fee |
£11.95 | £7.99 |
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Investment Trusts - Fee |
£11.95 | £7.99 |
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Telephone Dealing Fee* |
£20.00 | £49.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Hargreaves Lansdown | Interactive Investor |
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Desktop Platform (Windows) |
No | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
26 | 11 |
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Charting - Drawing Tools |
1 | 0 |
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Charting - Notes |
No | No |
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Charting - Display Corporate Events |
Yes | No |
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Charting - Stock Overlays |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Hargreaves Lansdown | Interactive Investor |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | Yes |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
Yes | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Hargreaves Lansdown | Interactive Investor |
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Share Trading |
Yes | Yes |
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CFD Trading |
No | Yes |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | Yes |
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Advisor Services |
Yes | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Hargreaves Lansdown | Interactive Investor |
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Has Education - Share Trading |
Yes | No |
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Has Education - Funds |
Yes | No |
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Has Education - Retirement |
Yes | No |
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Client Webinars |
No | No |
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Client Webinars (Archived) |
No | No |
| Education |
Overall
| Feature | Hargreaves Lansdown | Interactive Investor |
| Hargreaves Lansdown Review | Interactive Investor Review | |
| Overall | ||
| Winner | check_circle |
First, we will compare the fees charged for dealing in the UK. There are two primary fees: the cost to place each trade and the monthly, quarterly, or annual management fee charged which varies depending on the type and size of your portfolio. We researched both to provide a single star rating for cost. Interactive Investor 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 - 12 trades per year, or 1 trade per month. Hargreaves Lansdown charges £278.40 and Interactive Investor charges £119.8.
Scenario 2 - 36 trades per year, or 3 trades per month. Hargreaves Lansdown charges £565.20 and Interactive Investor charges £287.76.
Scenario 3 - 10 trades per month, for a total of 120 trades per year. Interactive Investor would charge £622.92 while Hargreaves Lansdown would charge £1209.
Scenario 4 - 240 trades per year, or 20 trades per month. Hargreaves Lansdown charges £1563 and Interactive Investor charges £1101.72.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Interactive Investor supports ISA, ISA - Junior, SIPP and Spread Betting while Hargreaves Lansdown supports ISA, ISA - Junior, SIPP and SIPP - Junior. Next, some traders desire robust charting, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Hargreaves Lansdown offers its clients access to 1 charting tools while Interactive Investor has 0 charting tools, a difference of 1. Hargreaves Lansdown offers its clients access to 26 different indicators (for example, volume) while Interactive Investor has 11 available indicators, a difference of 15. Hargreaves Lansdown and Interactive Investor both offer basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Hargreaves Lansdown and Interactive Investor both offer fund research reports.
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.
