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Saxo Markets vs Hargreaves Lansdown 2022
Your capital is at risk.
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Overall Rating
| Feature | Saxo Markets | Hargreaves Lansdown |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platform & Tools | ||
| Research | ||
| Education | ||
| Saxo Markets Review | Hargreaves Lansdown Review | |
| Winner | check_circle |
Trading Fees
| Feature | Saxo Markets | Hargreaves Lansdown |
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Minimum Deposit |
£500.00 | £0.00 |
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Share Trading: 0-9 Deals/ Month |
0.10% (£8 min) | £11.95 |
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Share Trading: 10-19 Deals/ Month |
0.10% (£8 min) | £8.95 |
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Share Trading: 20+ Deals/ Month |
0.10% (£8 min) | £5.95 |
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Annual Custody Fee: £0 - £250,000 |
0.12% (min. €120 or £ equivalent) | 0.45% |
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Bonds - Government (Gilts) - Fee |
0.20% (min. EUR20) | 1% £20 minimum |
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ETFs - Fee |
0.10% (£8 min) | £11.95 |
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Investment Trusts - Fee |
0.10% (£8 min) | £11.95 |
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Telephone Dealing Fee |
£50.00 | 1% £20 minimum |
Platforms & Tools
| Feature | Saxo Markets | Hargreaves Lansdown |
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Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
62 | 20 |
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Charting - Drawing Tools |
20 | 1 |
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Charting - Notes |
Yes | No |
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Charting - Display Corporate Events |
No | Yes |
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Charting - Stock Overlays |
Yes | Yes |
Research
| Feature | Saxo Markets | Hargreaves Lansdown |
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Research - Shares |
Yes | No |
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Research - CFDs |
Yes | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
Investments
| Feature | Saxo Markets | Hargreaves Lansdown |
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Share Trading |
Yes | Yes |
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CFD Trading |
Yes | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
No | Yes |
Education
| Feature | Saxo Markets | Hargreaves Lansdown |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | Yes |
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Has Education - Retirement |
No | Yes |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | No |
Overall
| Feature | Saxo Markets | Hargreaves Lansdown |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platform & Tools | ||
| Research | ||
| Education | ||
| Saxo Markets Review | Hargreaves Lansdown Review | |
| Winner | check_circle |
For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Hargreaves Lansdown vs Saxo Markets.
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, Saxo Markets 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 - Hargreaves Lansdown is cheaper. Hargreaves Lansdown would only cost £143.40 each year while Saxo Markets would cost £198.00.
3 Trades Per Month - Saxo Markets is less expensive under this scenario. Saxo Markets would cost £390.00 per year while Hargreaves Lansdown would cost £430.20.
10 Trades Per Month - Saxo Markets is the better choice. Annual fees with Saxo Markets would total £1062, while annual fees with Hargreaves Lansdown would be £1074.
20 Trades Per Month - Hargreaves Lansdown costs less in this scenario. Total annual costs with Hargreaves Lansdown would equal £135, while Saxo Markets would equal £142.
Which broker offers a wider range of investment options?
Hargreaves Lansdown offers a more diverse selection of investment options than Saxo Markets. 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 Saxo Markets. 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 Saxo Markets, we tested each broker's trading tools and share dealing app. All features compared, Saxo Markets offers a better share dealing platform.
Overall winner: Saxo Markets
Read Next: Best UK Trading Platforms 2022
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All pricing data was obtained from a published web site as of 10/22/2021 and is believed to be accurate, but is not guaranteed. The StockBrokers.com UK 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.
