Fees
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, Interactive Investor 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.
5 trades per year - Interactive Investor would cost £79.83 per year, while Hargreaves Lansdown would cost £59.75 / £104.75 if in ISA. per year.
12 trades per year - Interactive Investor would cost £59.88 / £107.76 per year, while Hargreaves Lansdown would cost £143.40 / £188.40 if in ISA. per year.
36 trades per year - Interactive Investor would cost £59.88 / £203.52 per year, while Hargreaves Lansdown would cost £430.20 / £475.20 if in ISA. per year.
120 trades per year - Interactive Investor would cost £59.88 / £538.68 per year, while Hargreaves Lansdown would cost £1,074 / £1,119 if in ISA. per year.
3 fund trades per year - Interactive Investor would cost £0 per year, while Hargreaves Lansdown would cost £1 per year.
Investment Choices
When comparing Interactive Investor and Hargreaves Lansdown for investment options, both platforms show remarkable performance. UK investors can find share trading, ETF trading, and funds trading offered by both brokers. Additionally, they each provide opportunities for investing in corporate bonds, government bonds (gilts), and investment trusts. However, neither broker offers crypto trading, spread betting, or CFD trading. Notably, Hargreaves Lansdown stands out by providing advisor services, a feature absent from Interactive Investor, appealing to those seeking professional guidance.
Evaluating their recognition, both Interactive Investor and Hargreaves Lansdown receive a top rating of five stars from UK.StockBrokers.com for investment choices, reassuring investors of their extensive offerings. However, Interactive Investor slightly surpasses Hargreaves Lansdown in ranking, securing the third position among 21 brokers, while Hargreaves Lansdown holds the fourth spot. Their close rankings highlight the competitive nature of these platforms, equipping UK investors with versatile and comprehensive investment opportunities.
Feature |
Interactive Investor
|
Hargreaves Lansdown
|
Share Trading
info
|
Yes
|
Yes
|
CFD Trading
info
|
No
|
No
|
ETFs
info
|
Yes
|
Yes
|
Funds
info
|
Yes
|
Yes
|
Bonds - Government (Gilts)
info
|
Yes
|
Yes
|
Investment Trusts
info
|
Yes
|
Yes
|
Spread Betting
info
|
No
|
No
|
Crypto Trading
info
|
No
|
No
|
Advisor Services
info
|
No
|
Yes
|
Investment Choices
|
|
|
Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
Trading Tools
When comparing the trading tools of Interactive Investor and Hargreaves Lansdown, both platforms offer unique features that cater to traders in the UK. Interactive Investor shines with its extensive charting capabilities, providing users with 18 drawing tools and 104 technical indicators, significantly more than Hargreaves Lansdown's 11 drawing tools and 15 indicators. Additionally, Interactive Investor allows users to add notes to charts, a feature not available on Hargreaves Lansdown. Both brokers enable the display of corporate events on charts and offer the option to include index and stock overlays, ensuring traders have access to essential market insights.
For traders who prioritize a browser-based experience, both Interactive Investor and Hargreaves Lansdown deliver. They also both offer features like creating alerts for stock price updates and access to real-time market data, facilitating prompt and informed decision-making. While each platform has its advantages, Interactive Investor provides a broader range of chart customization options, making it a compelling choice for those interested in detailed technical analysis and interactive charting tools.
Feature |
Interactive Investor
|
Hargreaves Lansdown
|
Web Platform
info
|
Yes
|
Yes
|
Stock Alerts
info
|
Yes
|
Yes
|
Charting - Indicators / Studies
info
|
104
|
15
|
Charting - Drawing Tools
info
|
18
|
11
|
Charting - Notes
info
|
Yes
|
No
|
Charting - Display Corporate Events
info
|
Yes
|
Yes
|
Charting - Stock Overlays
info
|
Yes
|
Yes
|
Charting - Index Overlays
info
|
Yes
|
Yes
|
ISAs and SIPPs
When comparing Interactive Investor and Hargreaves Lansdown for retirement account options in the UK, both platforms offer Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), making them viable choices for investors seeking flexibility and potential tax benefits. Interactive Investor provides a selection of investment options with competitive pricing and a straightforward platform. In contrast, Hargreaves Lansdown stands out for its extensive research resources and customer support, which might appeal to those who value guidance and information. Ultimately, the choice between these two online brokers depends on personal investment goals and the level of service desired.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Mobile App
When comparing the mobile app offerings of Interactive Investor and Hargreaves Lansdown, both brokers provide convenient options for users on iPhone and Android devices. Interactive Investor's app, rated 4.5 out of 5 stars by UK.StockBrokers.com, ranks 7th among 21 brokers for mobile app performance. Similarly, Hargreaves Lansdown’s app also boasts a 4.5-star rating, though it is ranked 10th in the same category. This comparison highlights how both brokers offer highly-rated apps, though Interactive Investor edges slightly ahead in overall ranking, making it a strong contender in the mobile trading space within the UK.
Dive deeper: Best Stock Trading Apps UK.
Beginners and Education
When it comes to beginner investor educational resources, both Interactive Investor and Hargreaves Lansdown offer a comprehensive array of options to help UK investors get started. Each platform provides educational webinars and detailed information on share trading, funds, and retirement. However, Interactive Investor holds an advantage with archived webinars available for on-demand viewing, a feature not offered by Hargreaves Lansdown. Both brokers receive a 5-star rating from UK.StockBrokers.com for beginner education, showcasing their strong educational support. However, Interactive Investor is slightly ahead, ranking 2nd out of 21 brokers, while Hargreaves Lansdown holds the 4th position. This makes Interactive Investor a slightly more flexible choice for those seeking convenient and readily accessible learning resources.
Feature |
Interactive Investor
|
Hargreaves Lansdown
|
Client Webinars
info
|
Yes
|
Yes
|
Client Webinars (Archived)
info
|
Yes
|
No
|
Education (Share Trading)
info
|
Yes
|
Yes
|
Education (Funds)
info
|
Yes
|
Yes
|
Education (Retirement)
info
|
Yes
|
Yes
|
Education
|
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
Market Research
When comparing the market research features of Interactive Investor and Hargreaves Lansdown, both online brokers excel in providing comprehensive resources for investors in the UK. Each platform offers detailed research reports for funds, shares, ETFs, and bonds, making them suitable choices for individuals looking to diversify their investments. Both brokers also enable investors to view their portfolio allocation by asset class, aiding in portfolio management. However, neither Interactive Investor nor Hargreaves Lansdown provide research for CFDs, which may be a consideration for those interested in this type of trading. Overall, both platforms offer a wide range of research tools to support informed investment decisions.
Feature |
Interactive Investor
|
Hargreaves Lansdown
|
Research - Shares
info
|
Yes
|
Yes
|
Research - CFDs
info
|
No
|
No
|
Research - ETFs
info
|
Yes
|
Yes
|
Research - Bonds
info
|
Yes
|
Yes
|
Research - Funds
info
|
Yes
|
Yes
|
Fund Research - Research Reports
info
|
Yes
|
Yes
|
Portfolio Allocation Breakdown
info
|
Yes
|
Yes
|
Interactive Investor vs Hargreaves Lansdown Winner
Which broker is better overall, Interactive Investor or Hargreaves Lansdown? After collecting more than 900 data points over a 10-week period, we found Interactive Investor to be a better trading platform overall.
The standout feature at Interactive Investor (ii) is its low flat-rate fees. Other investment platforms typically favour percentage fees for fund investing, although more brokers are now opting for flat fees. Our view is that Interactive Investor is a great platform for any investor, offering a wide range of investments for cheap prices on the whole.
FAQs
Can you trade cryptocurrency with Interactive Investor or Hargreaves Lansdown?
Neither Interactive Investor nor Hargreaves Lansdown offer crypto trading services.
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Investments
|
Interactive Investor |
Hargreaves Lansdown |
|
ISA info
|
Yes
|
Yes
|
|
SIPP info
|
Yes
|
Yes
|
|
Share Trading info
|
Yes
|
Yes
|
|
CFD Trading info
|
No
|
No
|
|
Funds info
|
Yes
|
Yes
|
|
ETFs info
|
Yes
|
Yes
|
|
Bonds - Corporate info
|
Yes
|
Yes
|
|
Bonds - Government (Gilts) info
|
Yes
|
Yes
|
|
Investment Trusts info
|
Yes
|
Yes
|
|
Spread Betting info
|
No
|
No
|
|
Crypto Trading info
|
No
|
No
|
|
Advisor Services info
|
No
|
Yes
|
|
Trading Fees
|
Interactive Investor |
Hargreaves Lansdown |
|
Minimum Deposit info
|
£0
|
£1
|
|
Share Trading: 0-9 Deals/ Month info
|
£3.99
|
£11.95
|
|
Share Trading: 10-19 Deals/ Month info
|
£3.99
|
£8.95
|
|
Share Trading: 20+ Deals/ Month info
|
£3.99
|
£5.95
|
|
5 trades per year (£30k portfolio) info
|
£79.83
|
£59.75 / £104.75 if in ISA.
|
|
12 trades per year (£30k portfolio) info
|
£59.88 / £107.76
|
£143.40 / £188.40 if in ISA.
|
|
36 trades per year (£30k portfolio) info
|
£59.88 / £203.52
|
£430.20 / £475.20 if in ISA.
|
|
120 trades per year (£30k portfolio) info
|
£59.88 / £538.68
|
£1,074 / £1,119 if in ISA.
|
|
3 fund trades per year (£30k portfolio) info
|
£71.85
|
£135
|
|
Annual Custody Fee: £0 - £250,000 info
|
£59.88 - £143.88
|
Up to £1,125
|
|
Annual Custody Fee: £250K-£500K info
|
£143.88
|
Up to £625
|
|
Annual Custody Fee: £500,000 - £1m info
|
£143.88
|
Up to £1,250
|
|
Annual Custody Fee: £1m and over info
|
£143.88
|
Up to £1,000
|
|
Bonds - Corporate - Fee info
|
£3.99
|
£20 - £50
|
|
Bonds - Government (Gilts) - Fee info
|
£3.99
|
£20 - £50
|
|
ETFs - Fee info
|
£3.99
|
£5.95 - £11.95
|
|
Investment Trusts - Fee info
|
£3.99
|
£5.95 - £11.95
|
|
Telephone Dealing Fee info
|
£49
|
£20 - £50
info
|
|
Broker Screenshots
|
Interactive Investor |
Hargreaves Lansdown |
|
Website Gallery (click to expand) |
|
|
|
Mobile Trading Apps Gallery (click to expand) |
|
|
|
Education Gallery (click to expand) |
|
|
|
Platforms & Tools
|
Interactive Investor |
Hargreaves Lansdown |
|
Web Platform info
|
Yes
|
Yes
|
|
iPhone App info
|
Yes
|
Yes
|
|
Android App info
|
Yes
|
Yes
|
|
Stock Alerts info
|
Yes
|
Yes
|
|
Charting - Indicators / Studies info
|
104
|
15
|
|
Charting - Drawing Tools info
|
18
|
11
|
|
Charting - Notes info
|
Yes
|
No
|
|
Charting - Display Corporate Events info
|
Yes
|
Yes
|
|
Charting - Stock Overlays info
|
Yes
|
Yes
|
|
Charting - Index Overlays info
|
Yes
|
Yes
|
|
Research
|
Interactive Investor |
Hargreaves Lansdown |
|
Research - Shares info
|
Yes
|
Yes
|
|
Research - CFDs info
|
No
|
No
|
|
Research - Funds info
|
Yes
|
Yes
|
|
Fund Research - Research Reports info
|
Yes
|
Yes
|
|
Research - ETFs info
|
Yes
|
Yes
|
|
Research - Bonds info
|
Yes
|
Yes
|
|
Portfolio Allocation Breakdown info
|
Yes
|
Yes
|
|
Education
|
Interactive Investor |
Hargreaves Lansdown |
|
Education (Share Trading) info
|
Yes
|
Yes
|
|
Education (Funds) info
|
Yes
|
Yes
|
|
Education (Retirement) info
|
Yes
|
Yes
|
|
Client Webinars info
|
Yes
|
Yes
|
|
Client Webinars (Archived) info
|
Yes
|
No
|
|
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