Trading 212 vs Hargreaves Lansdown 2023

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, Trading 212 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.

5 trades per year - Trading 212 would cost £196 per year, while Hargreaves Lansdown would cost £59.75 per year.

12 trades per year - Trading 212 would cost £196 per year, while Hargreaves Lansdown would cost £143.4 per year.

36 trades per year - Trading 212 would cost £196 per year, while Hargreaves Lansdown would cost £430.2 per year.

120 trades per year - Trading 212 would cost £196 per year, while Hargreaves Lansdown would cost £1074 per year.

3 fund trades per year - Trading 212 would cost N/A per year, while Hargreaves Lansdown would cost £135 per year.

Trading 212 offers investors access to ISA, Share Trading, CFD Trading and ETFs, while Hargreaves Lansdown offers investors access to ISA, SIPP, Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts), Investment Trusts and Advisor Services, neither have Spread Betting and Crypto Trading. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Our testing concluded that Hargreaves Lansdown is better for research than Trading 212. Hargreaves Lansdown offers more research options, including research reports, articles, and analyst ratings.

To compare the trading platforms of both Trading 212 and Hargreaves Lansdown, we tested each broker's website, trading platform, trading tools and stock trading app. All features compared, Hargreaves Lansdown offers a better share dealing platform and Hargreaves Lansdown offers a better stock app for mobile trading.