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Saxo Markets vs Hargreaves Lansdown 2019
Your capital is at risk.
Is Hargreaves Lansdown better than Saxo Markets? After ranking 12 UK brokerages who all offer share dealing in our 2019 review, Saxo Markets is better than Hargreaves Lansdown. Saxo Markets provides a brilliant all-around share trading experience for UK residents. The fees for buying shares are not the cheapest; however, the SaxoTraderGO trading platform is excellent, and there’s an abundant selection of international products to trade.
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Overall Rating
| Feature | Saxo Markets | Hargreaves Lansdown |
| Overall | ||
| Saxo Markets Review | Hargreaves Lansdown Review |
Trading Fees
| Feature | Saxo Markets | Hargreaves Lansdown |
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Share Trading: 0-9 Deals/ Month |
0.10% (£4.99 min) | £11.95 |
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Share Trading: 10-19 Deals/ Month |
0.10% (£4.99 min) | £8.95 |
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Share Trading: 20+ Deals/ Month |
0.10% (£4.99 min) | £5.95 |
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Annual Custody Fee: £0 - £250,000* |
0.12% | 0.45% |
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Bonds - Government (Gilts) - Fee |
0.08% | £11.95 |
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ETFs - Fee |
N/A | £11.95 |
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Investment Trusts - Fee |
N/A | £11.95 |
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Telephone Dealing Fee* |
N/A | £20.00 |
| Commissions & Fees | ||
| Winner | check_circle |
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 |
48 | 20 |
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Charting - Drawing Tools |
17 | 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 |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Saxo Markets | Hargreaves Lansdown |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | Yes |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | Yes |
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Research - ETFs |
No | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Saxo Markets | Hargreaves Lansdown |
|
Share Trading |
Yes | Yes |
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CFD Trading |
Yes | Yes |
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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 | Yes |
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Banking Services |
No | No |
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Advisor Services |
Yes | Yes |
| Offering of Investments | ||
| Winner | check_circle |
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 | No |
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Client Webinars (Archived) |
Yes | No |
| Education | ||
| Winner | check_circle |
Overall
| Feature | Saxo Markets | Hargreaves Lansdown |
| Saxo Markets Review | Hargreaves Lansdown Review | |
| Overall | ||
| Winner | check_circle |
To find a right broker for share dealing, we spent seven months and hundreds of hours of assessing 12 different share dealing brokers based in the UK. Here, we will focus on two brokers and compare Hargreaves Lansdown vs Saxo Markets.
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched both to provide a single star rating for cost. Both Hargreaves Lansdown and Saxo Markets hold a 3.50 star rating.
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Saxo Markets supports ISA and SIPP while Hargreaves Lansdown supports ISA, ISA - Junior, SIPP, SIPP - Junior and Spread Betting. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Saxo Markets boasts an offering of 17 charting tools compared to Hargreaves Lansdown's 1 available charting tools. Saxo Markets boasts an offering of 48 different indicators (for example, moving averages) compared to Hargreaves Lansdown's 20 available indicators. Hargreaves Lansdown alongside Saxo Markets offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Hargreaves Lansdown has fund research reports, Saxo Markets doesn't.
Overall, between Hargreaves Lansdown and Saxo Markets, Saxo Markets is the winner.
Hargreaves Lansdown Review
Saxo Markets Review
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched both to provide a single star rating for cost. Both Hargreaves Lansdown and Saxo Markets hold a 3.50 star rating.
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Saxo Markets supports ISA and SIPP while Hargreaves Lansdown supports ISA, ISA - Junior, SIPP, SIPP - Junior and Spread Betting. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Saxo Markets boasts an offering of 17 charting tools compared to Hargreaves Lansdown's 1 available charting tools. Saxo Markets boasts an offering of 48 different indicators (for example, moving averages) compared to Hargreaves Lansdown's 20 available indicators. Hargreaves Lansdown alongside Saxo Markets offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Hargreaves Lansdown has fund research reports, Saxo Markets doesn't.
Overall, between Hargreaves Lansdown and Saxo Markets, Saxo Markets is the winner.
Hargreaves Lansdown Review
Saxo Markets Review
All pricing data was obtained from a published web site as of 01/08/18 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.
