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Hargreaves Lansdown vs Lloyds Bank 2020

Your capital is at risk.
Is Hargreaves Lansdown better than Lloyds Bank? After scoring UK share dealing accounts on over 40 different variables, Hargreaves Lansdown is better than Lloyds Bank. Hargreaves Lansdown provides a thorough selection of investment options, high-quality research (some of which is in-house), alongside an excellent mobile app. Conversely, pricing is expensive, and charting tools, as well as educational resources, are just average.

Overall Rating

Feature Hargreaves Lansdown Lloyds Bank
Overall 4.5 3.5
Hargreaves Lansdown Review Lloyds Bank Review

Trading Fees

Feature Hargreaves Lansdown Lloyds Bank
Share Trading: 0-9 Deals/ Month
£11.95 £11.00
Share Trading: 10-19 Deals/ Month
£8.95 £8.00
Share Trading: 20+ Deals/ Month
£5.95 £8.00
Annual Custody Fee: £0 - £250,000*
0.45% £40 (flat)
Bonds - Government (Gilts) - Fee
£11.95 £11.00
ETFs - Fee
£11.95 £11.00
Investment Trusts - Fee
£11.95 £11.00
Telephone Dealing Fee*
£20.00 £35.00
Commissions & Fees 3 3.5
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Platforms & Tools

Feature Hargreaves Lansdown Lloyds Bank
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
26 91
Charting - Drawing Tools
1 17
Charting - Notes
No No
Charting - Display Corporate Events
Yes Yes
Charting - Stock Overlays
Yes No
Platform & Tools 4 3.5
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Research

Feature Hargreaves Lansdown Lloyds Bank
Research - Shares
Yes Yes
Research - CFDs
Yes No
Research - Funds
Yes Yes
Fund Research - Research Reports
Yes No
Research - ETFs
Yes Yes
Research - Bonds
Yes Yes
Portfolio Allocation Breakdown
Yes Yes
Research 4.5 4
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Investments

Feature Hargreaves Lansdown Lloyds Bank
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
Advisor Services
Yes Yes
Offering of Investments 4.5 4
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Education

Feature Hargreaves Lansdown Lloyds Bank
Has Education - Share Trading
Yes Yes
Has Education - Funds
Yes Yes
Has Education - Retirement
Yes Yes
Client Webinars
No No
Client Webinars (Archived)
No No
Education 3.5 3.5

Overall

Feature Hargreaves Lansdown Lloyds Bank
Hargreaves Lansdown Review Lloyds Bank Review
Overall 4.5 3.5
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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 Lloyds Bank.

Which broker is cheaper: Hargreaves Lansdown or Lloyds Bank?

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 3.50 stars versus 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.

1 Trade Per Month - Lloyds Bank only charges £172.00 while Hargreaves Lansdown charges £278.40.

3 Trades Per Month - Lloyds Bank is cheaper under this scenario. Lloyds Bank would cost £436.00 while Hargreaves Lansdown would cost £565.20.

10 Trades Per Month - Lloyds Bank is the cheaper option. Fees with Lloyds Bank would be £1,000.00 while fees with Hargreaves Lansdown would be £1,209.00.

20 Trades Per Month - Hargreaves Lansdown costs less in this case. Hargreaves Lansdown charges £1,563.00 while Lloyds Bank charges £1,960.00.

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 Lloyds Bank charges £40 (flat).

Does Hargreaves Lansdown or Lloyds Bank offer a wider range of investment options?

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

Which trading platform is better: Hargreaves Lansdown or Lloyds Bank?

To compare the trading platforms of both Hargreaves Lansdown and Lloyds Bank, we tested each broker's trading tools. Overall, Hargreaves Lansdown offers a better experience. Looking at charting, Hargreaves Lansdown trails Lloyds Bank by 16 total charting tools, with Lloyds Bank offering 17 and Hargreaves Lansdown offering 1. Hargreaves Lansdown trails Lloyds Bank by 65 total different indicators (for example, moving averages), with Lloyds Bank offering 91 and Hargreaves Lansdown offering 26.

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 01/15/2020 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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