Written by StockBrokers.com
In this head to head comparison of Hargreaves Lansdown vs Lloyds Bank, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
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, Lloyds Bank 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 - Hargreaves Lansdown would cost £59.75 / £104.75 if in ISA. per year, while Lloyds Bank would cost £95 per year.
12 trades per year - Hargreaves Lansdown would cost £143.40 / £188.40 if in ISA. per year, while Lloyds Bank would cost £40 - £172 per year.
36 trades per year - Hargreaves Lansdown would cost £430.20 / £475.20 if in ISA. per year, while Lloyds Bank would cost £40 - £328 per year.
120 trades per year - Hargreaves Lansdown would cost £1,074 / £1,119 if in ISA. per year, while Lloyds Bank would cost £40 / £1,000 per year.
3 fund trades per year - Hargreaves Lansdown would cost £1 per year, while Lloyds Bank would cost £0 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
When comparing the online broker Hargreaves Lansdown and Lloyds Bank, both platforms offer a robust selection of investment choices, including share trading, ETFs, funds, corporate bonds, government bonds, and investment trusts. While neither platform provides options for cryptocurrency trading, spread betting, or CFD trading, they both excel in providing comprehensive access to traditional investment avenues. Investors can also take advantage of advisor services available with both Hargreaves Lansdown and Lloyds Bank.
On the investment choice front, UK.StockBrokers.com awards both Hargreaves Lansdown and Lloyds Bank a flawless 5-star rating, highlighting their extensive offerings. However, Hargreaves Lansdown is ranked slightly higher, securing the 4th position out of 18 brokers, compared to Lloyds Bank, which holds the 8th spot. This suggests that while both brokers are well-regarded, Hargreaves Lansdown may offer a slight edge for those prioritizing a wider range of investment options.
| Feature |
Hargreaves Lansdown
|
Lloyds Bank
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | Yes |
| Funds | Yes | Yes |
| Bonds - Government (Gilts) | Yes | Yes |
| Investment Trusts | Yes | Yes |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | Yes | Yes |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When comparing the trading tools of Hargreaves Lansdown and Lloyds Bank, it's clear that Hargreaves Lansdown provides more robust features for traders. Hargreaves Lansdown stands out with the ability to display corporate events like earnings, splits, and dividends on charts, and offers a comprehensive set of 11 drawing tools and 15 technical indicators to assist with charting. Additionally, it supports adding both index and stock overlays to charts and provides real-time market data, giving traders a detailed analytical edge. In contrast, Lloyds Bank lacks these advanced charting and visualization features, as it does not offer corporate event displays, drawing tools, technical indicators, or overlays for stocks and indices. However, both platforms provide a browser-based trading platform and allow users to set alerts for stock price updates.
For those seeking a more feature-rich trading experience, Hargreaves Lansdown offers significantly more in terms of analytical and visualization tools compared to Lloyds Bank. While both cater to online trading, the depth and breadth of tools available through Hargreaves Lansdown make it a desirable choice for individuals focused on in-depth market analysis and real-time data access. Lloyds Bank, on the other hand, may appeal to traders who prefer a simpler, perhaps less intensive, trading environment.
| Feature |
Hargreaves Lansdown
|
Lloyds Bank
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 15 | 0 |
| Charting - Drawing Tools | 11 | 0 |
| Charting - Notes | No | No |
| Charting - Display Corporate Events | Yes | No |
| Charting - Stock Overlays | Yes | No |
| Charting - Index Overlays | Yes | No |
When comparing retirement account options between Hargreaves Lansdown and Lloyds Bank, both institutions offer Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), catering to individuals seeking tax-efficient savings and retirement planning. Hargreaves Lansdown provides an intuitive online platform that appeals to tech-savvy investors, whereas Lloyds Bank integrates ISAs and SIPPs through its traditional banking services, offering convenience for those who prefer a seamless banking experience. Whether you opt for Hargreaves Lansdown's specialized investment services or Lloyds Bank's robust banking integration, both choices present viable pathways for retirement savings.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Both Hargreaves Lansdown and Lloyds Bank offer mobile apps for iPhone and Android users, making it easy to manage your finances on the go. However, when it comes to app performance, Hargreaves Lansdown takes the upper hand, boasting a 4.5-star rating from UK.StockBrokers.com, while Lloyds Bank follows with a 3.5-star rating. This higher rating reflects user satisfaction and more robust features. Further enhancing its reputation, Hargreaves Lansdown is ranked 4th out of 18 brokers for mobile apps by UK.StockBrokers.com, while Lloyds Bank sits at the 15th position. Overall, if you prioritize a top-rated mobile experience, Hargreaves Lansdown offers a superior choice for managing your investments.
Dive deeper: Best Stock Trading Apps UK.
For beginner investors seeking educational resources, Hargreaves Lansdown and Lloyds Bank offer distinct differences. Hargreaves Lansdown provides educational webinars, albeit not archived for on-demand viewing, and covers essential investment topics such as share trading, funds, and retirement. In contrast, Lloyds Bank does not offer webinars or educational resources in these key areas. According to UK.StockBrokers.com, Hargreaves Lansdown is highly rated with 5 stars for beginner education and ranks 4th out of 18 brokers, whereas Lloyds Bank receives 4 stars and is ranked 15th, making Hargreaves Lansdown a more comprehensive choice for new investors aiming to build their financial knowledge.
| Feature |
Hargreaves Lansdown
|
Lloyds Bank
|
|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | No |
| Education (Funds) | Yes | No |
| Education (Retirement) | Yes | No |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing market research features between Hargreaves Lansdown and Lloyds Bank, both brokers provide comprehensive research reports for funds, shares, ETFs, and bonds. However, only Hargreaves Lansdown offers the capability to view portfolio allocation by asset class, giving investors a more detailed insight into their investment distribution. Neither platform supports CFDs research, ensuring a focused range of resources for traditional financial assets. These differences highlight Hargreaves Lansdown’s slight edge in providing advanced portfolio management tools that cater to more diversified investment strategies.
| Feature |
Hargreaves Lansdown
|
Lloyds Bank
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | Yes |
| Research - Funds | Yes | Yes |
| Fund Research - Research Reports | Yes | Yes |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Hargreaves Lansdown or Lloyds Bank? After collecting more than 900 data points over a 10-week period, we found Hargreaves Lansdown to be a better trading platform overall.
As the U.K.’s biggest investment platform for individual investors, Hargreaves Lansdown offers a wide range of investment choices for either beginners or seasoned investors. However, its fees are generally more expensive than rival brokers, which can become an issue for large investment pots.
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Lloyds Bank
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Neither Hargreaves Lansdown nor Lloyds Bank offer cryptocurrency trading, emphasizing their focus on traditional financial services and investment products.
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0 of 5| Overall Rating | Hargreaves Lansdown | Lloyds Bank | |
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| Review | Hargreaves Lansdown Review | Lloyds Bank Review | |
| Winner | check_circle |
| Investments | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | Yes | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | No | |
| Funds | Yes | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | Yes | |
| Bonds - Government (Gilts) | Yes | Yes | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | Yes | Yes |
| Trading Fees | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| Minimum Deposit | £1 | £0 | |
| Share Trading: 0-9 Deals/ Month | £11.95 | £8, £10, £11 | |
| Share Trading: 10-19 Deals/ Month | £8.95 | £8 | |
| Share Trading: 20+ Deals/ Month | £5.95 | £8 | |
| 5 trades per year (£30k portfolio) | £59.75 / £104.75 if in ISA. | £95 | |
| 12 trades per year (£30k portfolio) | £143.40 / £188.40 if in ISA. | £40 - £172 | |
| 36 trades per year (£30k portfolio) | £430.20 / £475.20 if in ISA. | £40 - £328 | |
| 120 trades per year (£30k portfolio) | £1,074 / £1,119 if in ISA. | £40 / £1,000 | |
| 3 fund trades per year (£30k portfolio) | £135 | £44.50 | |
| Annual Custody Fee: £0 - £250,000 | Up to £1,125 | £40 | |
| Annual Custody Fee: £250K-£500K | Up to £625 | £40 | |
| Annual Custody Fee: £500,000 - £1m | Up to £1,250 | £40 | |
| Annual Custody Fee: £1m and over | Up to £1,000 | £40 | |
| Bonds - Corporate - Fee | £20 - £50 | £8 - £11 | |
| Bonds - Government (Gilts) - Fee | £20 - £50 | £8 - £11 | |
| ETFs - Fee | £5.95 - £11.95 | ||
| Investment Trusts - Fee | £5.95 - £11.95 | ||
| Telephone Dealing Fee | £20 - £50 | £35 |
| Broker Screenshots | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
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| Platforms & Tools | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 15 | 0 | |
| Charting - Drawing Tools | 11 | 0 | |
| Charting - Notes | No | No | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | Yes | No |
| Research | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | Yes | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| Education (Share Trading) | Yes | No | |
| Education (Funds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Hargreaves Lansdown | Lloyds Bank | |
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| Review | Hargreaves Lansdown Review | Lloyds Bank Review | |
| Winner | check_circle |
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