Hargreaves Lansdown vs Lloyds Bank Review
By Steve Miley / June 19th, 2019
Is Hargreaves Lansdown better than Lloyds Bank? After scoring UK share dealing accounts on over 100 different variables, Hargreaves Lansdown is better than Lloyds Bank. While Hargreaves Lansdown provides clients a rich offering of investments and services, its trading platform and education area struggle to justify the high commissions and fees charged.
Platforms & Tools
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. Lloyds Bank's score is 4.00 stars versus Hargreaves Lansdown's 3.50 stars.
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 Lloyds Bank supports ISA and SIPP while Hargreaves Lansdown supports ISA, ISA - Junior, SIPP, SIPP - Junior and Spread Betting. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Both brokers offer clients access to the same number of charting tools, 1. Hargreaves Lansdown trails Lloyds Bank by 23 total different indicators (for example, moving averages), with Lloyds Bank offering 43 and Hargreaves Lansdown offering 20. Hargreaves Lansdown alongside Lloyds Bank 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, Lloyds Bank doesn't.
Overall, between Hargreaves Lansdown and Lloyds Bank, Hargreaves Lansdown is the winner.
Hargreaves Lansdown Review
Lloyds Bank Review
All pricing data was obtained from a published web site as of 01/08/18 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.