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.
Your capital is at risk.
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, Hargreaves Lansdown offers better pricing than Lloyds Bank 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.
For UK investors seeking a comprehensive selection of investment options, both Hargreaves Lansdown and Lloyds Bank provide formidable choices. Both institutions offer the opportunity to trade shares, ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts, ensuring a wide array of assets to explore. Additionally, they offer advisor services to guide investors in making informed decisions. However, when it comes to ranking, Hargreaves Lansdown is rated slightly higher at #4 compared to Lloyds Bank's #8, indicating a marginal edge in investment choices as per the assessment by UK.StockBrokers.com.
Despite being equally favored with a stellar 5-star rating for their investment offerings, each platform brings its unique strengths to the table. Whether you lean towards a more extensive list of services or value institutional support, both Hargreaves Lansdown and Lloyds Bank stand ready with a broad spectrum of opportunities to suit varied investment strategies. As both platforms continue to evolve, their ability to cater to diverse investment preferences remains a strong suit for UK investors.
| Feature |
Hargreaves Lansdown
|
Lloyds Bank
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | ||
| ETFs | Yes | Yes |
| Funds | Yes | Yes |
| Bonds - Government (Gilts) | Yes | Yes |
| Investment Trusts | Yes | Yes |
| Spread Betting | ||
| Crypto Trading | ||
| Advisor Services | Yes | Yes |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing the trading tools of Hargreaves Lansdown and Lloyds Bank, Hargreaves Lansdown emerges as a more feature-rich option for UK investors. It offers comprehensive charting capabilities, including the ability to display corporate events such as earnings and dividends directly on charts. Users can access 11 drawing tools and 15 technical indicators to assist with their analysis. Additionally, Hargreaves Lansdown supports the addition of index and stock overlays, thereby enriching the user's charting experience.
In contrast, Lloyds Bank's trading tools appear to be more basic. While both platforms provide a browser-based trading platform and enable stock price alerts, Lloyds Bank lacks key analytical features such as drawing tools, technical indicators, and the ability to visualize corporate events on charts. Moreover, Hargreaves Lansdown provides real-time market data, an advantage that Lloyds Bank does not offer. Overall, Hargreaves Lansdown is better suited for traders seeking a more detailed and interactive trading experience.
| 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 | ||
| Charting - Display Corporate Events | Yes | |
| Charting - Stock Overlays | Yes | |
| Charting - Index Overlays | Yes |
For UK investors seeking retirement account options, both Hargreaves Lansdown and Lloyds Bank provide Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs). Hargreaves Lansdown, known for its user-friendly online platform, offers a wide range of investment choices within their ISAs and SIPPs, appealing to those who prefer managing investments digitally. Meanwhile, Lloyds Bank provides similar account options with the advantage of in-person banking services, catering to customers who value face-to-face assistance alongside their pension planning. Whether you prioritise digital convenience or in-branch support, both institutions offer substantial paths for securing your financial future.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile apps of Hargreaves Lansdown and Lloyds Bank, both platforms offer apps for iPhone and Android users, enhancing accessibility for investors on the go. Hargreaves Lansdown's app impresses with a 4.5-star rating from UK.StockBrokers.com, securing the 10th spot out of 21 brokers. Meanwhile, Lloyds Bank's app receives a 3.5-star rating and ranks 17th, suggesting a comparatively less appealing user experience. This analysis highlights Hargreaves Lansdown as a more highly rated choice for those prioritizing mobile usability in their investment activities.
Dive deeper: Best Stock Trading Apps UK.
When it comes to beginner investor educational resources in the UK, Hargreaves Lansdown outshines Lloyds Bank by a noticeable margin. Hargreaves Lansdown offers educational client webinars, though they aren't archived for on-demand viewing. Meanwhile, Lloyds Bank does not provide webinars. Hargreaves Lansdown covers a broader range of topics, including share trading, funds, and retirement, while Lloyds Bank lacks similar offerings. According to UK.StockBrokers.com, Hargreaves Lansdown receives a 5-star rating and ranks 4th out of 21 brokers for beginner education, whereas Lloyds Bank receives a 4-star rating and ranks 14th. Overall, Hargreaves Lansdown proves to be a more comprehensive choice for novice investors seeking informative and supportive resources.
| Feature |
Hargreaves Lansdown
|
Lloyds Bank
|
|---|---|---|
| Client Webinars | Yes | |
| Client Webinars (Archived) | ||
| Education (Share Trading) | Yes | |
| Education (Funds) | Yes | |
| Education (Retirement) | Yes | |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the online broker Hargreaves Lansdown to Lloyds Bank for their market research features, both platforms provide strong support for investment insights across various financial products. Hargreaves Lansdown and Lloyds Bank each offer research reports for funds, shares, and ETFs, catering to a diverse range of investor needs. They both also provide research on bonds, ensuring comprehensive coverage for traditional investment vehicles. However, Hargreaves Lansdown stands out by offering its clients the ability to view portfolio allocation by asset class, a feature not provided by Lloyds Bank, which may be appealing for those interested in detailed portfolio analysis. Neither service offers research specifically for CFDs, focusing instead on more conventional investment types. Overall, while both platforms present valuable resources, the added portfolio insights at Hargreaves Lansdown might provide an edge for investors seeking detailed asset allocation information.
| Feature |
Hargreaves Lansdown
|
Lloyds Bank
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | ||
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | Yes |
| Research - Funds | Yes | Yes |
| Fund Research - Research Reports | Yes | Yes |
| Portfolio Allocation Breakdown | Yes |
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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Hargreaves Lansdown and Lloyds Bank both do not offer crypto trading, presenting limited options for investors seeking cryptocurrency investments through these platforms.
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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 | |||
| Funds | Yes | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | Yes | |
| Bonds - Government (Gilts) | Yes | Yes | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | |||
| Crypto Trading | |||
| Advisor Services | Yes | Yes |
| Trading Fees | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| Minimum Deposit | £1 | £0 | |
| Share Trading: 0-9 Deals/ Month | £11.95 | £8 - £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 | £8 - £11 | |
| Investment Trusts - Fee | £5.95 - £11.95 | £8 - £11 | |
| 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 | |||
| Charting - Display Corporate Events | Yes | ||
| Charting - Stock Overlays | Yes | ||
| Charting - Index Overlays | Yes |
| Research | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | Yes | |
| Portfolio Allocation Breakdown | Yes |
| Education | Hargreaves Lansdown | Lloyds Bank | |
|---|---|---|---|
| Education (Share Trading) | Yes | ||
| Education (Funds) | Yes | ||
| Education (Retirement) | Yes | ||
| Client Webinars | Yes | ||
| Client Webinars (Archived) |
| Overall Summary | Hargreaves Lansdown | Lloyds Bank | |
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| Review | Hargreaves Lansdown Review | Lloyds Bank Review | |
| Winner | check_circle |
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