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Hargreaves Lansdown vs Lloyds Bank 2020

Your capital is at risk.
Is Hargreaves Lansdown better than Lloyds Bank? After scoring the best share dealing accounts across 46 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 easy to use mobile app. Conversely, pricing is expensive, and charting tools and educational resources, are just average.

Overall Rating

Feature Hargreaves Lansdown Lloyds Bank
Overall 4 4
Commissions & Fees 3 4
Offering of Investments 5 4
Platform & Tools 4 3.5
Research 4.5 4
Education 3.5 3.5
Hargreaves Lansdown Review Lloyds Bank Review
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Trading Fees

Feature Hargreaves Lansdown Lloyds Bank
Share Trading: 0-9 Deals/ Month
£11.95 8 to 11
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

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
20 83
Charting - Drawing Tools
1 17
Charting - Notes
No Yes
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
Yes No

Research

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

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

Education

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

Overall

Feature Hargreaves Lansdown Lloyds Bank
Overall 4 4
Commissions & Fees 3 4
Offering of Investments 5 4
Platform & Tools 4 3.5
Research 4.5 4
Education 3.5 3.5
Hargreaves Lansdown Review Lloyds Bank Review
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For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Hargreaves Lansdown vs Lloyds Bank.

Which broker is less expensive?

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.

1 Trade Per Month - Lloyds Bank is cheaper. Lloyds Bank would only cost £172.00 each year while Hargreaves Lansdown would cost £278.40.

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

10 Trades Per Month - Lloyds Bank is the better choice. Annual fees with Lloyds Bank would total £1000, while annual fees with Hargreaves Lansdown would be £1209.

20 Trades Per Month - Hargreaves Lansdown costs less in this scenario. Total annual costs with Hargreaves Lansdown would equal £1563, while Lloyds Bank would equal £1960.

Which broker offers 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.

Which platform offers better research?

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?

To compare the trading platforms of both Hargreaves Lansdown and Lloyds Bank, we tested each broker's trading tools and share dealing app. All features compared, Hargreaves Lansdown offers a better share dealing platform.

Overall, between Hargreaves Lansdown and Lloyds Bank, Hargreaves Lansdown is the winner.

Hargreaves Lansdown Review
Lloyds Bank Review

Related Comparisons

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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