Hargreaves Lansdown vs Webull 2024
In this head to head comparison of Hargreaves Lansdown vs Webull, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
In this head to head comparison of Hargreaves Lansdown vs Webull, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
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 Webull 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 Webull would cost 0.025% of trade value per year.
12 trades per year - Hargreaves Lansdown would cost £143.40 / £188.40 if in ISA. per year, while Webull would cost 0.025% of trade value per year.
36 trades per year - Hargreaves Lansdown would cost £430.20 / £475.20 if in ISA. per year, while Webull would cost 0.025% of trade value per year.
120 trades per year - Hargreaves Lansdown would cost £1,074 / £1,119 if in ISA. per year, while Webull would cost 0.025% of trade value per year.
3 fund trades per year - Hargreaves Lansdown would cost £1 per year, while Webull 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.
Hargreaves Lansdown and Webull are both popular online brokers, but they differ significantly in their investment offerings. Hargreaves Lansdown provides a rich array of choices, including share and ETF trading, as well as opportunities in funds, corporate bonds, government bonds, and investment trusts. They even offer advisory services, making it a comprehensive choice for investors. In contrast, Webull focuses primarily on share trading, as it doesn’t support the trading of ETFs, funds, bonds, or investment trusts, nor do they offer advisory services.
Rated five stars by UK.StockBrokers.com for its robust investment options, Hargreaves Lansdown holds a prestigious #4 among 18 brokers for investment choices. On the other hand, Webull received a modest three-star rating, not ranking among the top brokers for investment diversity. Whether you’re a beginner or an experienced investor, the choice between Hargreaves Lansdown and Webull will ultimately depend on your specific investment needs and preferences.
Feature |
Hargreaves Lansdown
|
Webull
|
---|---|---|
Share Trading | Yes | Yes |
CFD Trading | No | No |
ETFs | Yes | No |
Funds | Yes | No |
Bonds - Government (Gilts) | Yes | No |
Investment Trusts | Yes | No |
Spread Betting | No | No |
Crypto Trading | No | No |
Advisor Services | Yes | No |
Investment Choices |
When comparing the trading tools of Hargreaves Lansdown and Webull, both brokers provide a comprehensive set of features designed for effective market analysis. They each allow users to display corporate events like earnings, splits, and dividends on their charts. However, Hargreaves Lansdown offers more technical indicators with 15 options, while Webull leads with more drawing tools, offering 17 compared to Hargreaves Lansdown's 11. Moreover, Webull provides the additional functionality of adding notes to charts, which is absent in Hargreaves Lansdown's toolkit.
Hargreaves Lansdown shines with its ability to overlay both index and stock data on charts, whereas Webull supports only stock overlays. Both platforms support trading through a browser-based platform and offer real-time market data alongside the ability to set alerts for stock price updates. These features make each platform robust, catering to different aspects of investor needs, with Webull providing more drawing customizability and Hargreaves Lansdown offering comprehensive overlay options.
Feature |
Hargreaves Lansdown
|
Webull
|
---|---|---|
Web Platform | Yes | Yes |
Stock Alerts | Yes | Yes |
Charting - Indicators / Studies | 15 | 12 |
Charting - Drawing Tools | 11 | 17 |
Charting - Notes | No | Yes |
Charting - Display Corporate Events | Yes | Yes |
Charting - Stock Overlays | Yes | Yes |
Charting - Index Overlays | Yes | No |
When comparing online brokers Hargreaves Lansdown and Webull, those interested in retirement accounts will find distinct differences. Hargreaves Lansdown provides Individual Savings Accounts (ISAs) and Self-Invested Personal Pension (SIPP) accounts, offering flexibility and tax advantages for UK investors planning their retirement. In contrast, Webull does not offer ISAs or SIPP accounts, making it less suitable for UK individuals specifically looking for these retirement planning options. Therefore, for UK investors seeking comprehensive retirement account solutions, Hargreaves Lansdown emerges as the preferred choice due to its inclusive offerings.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Hargreaves Lansdown and Webull both offer user-friendly mobile apps for iPhone and Android devices, making it easy for investors to manage their portfolios on the go. According to UK.StockBrokers.com, both brokers are awarded an impressive 4.5 out of 5 stars for their mobile app experience. Hargreaves Lansdown stands out by ranking 4th out of 18 brokers reviewed, making it a top choice for mobile investing in the UK. While Webull also provides a highly-rated app, it hasn’t been ranked by UK.StockBrokers.com in this category, leaving its comparative market position a bit unclear.
Dive deeper: Best Stock Trading Apps UK.
When comparing beginner investor educational resources between Hargreaves Lansdown and Webull, Hargreaves Lansdown stands out with a more comprehensive offering. It provides educational webinars, although these aren't available on demand, and covers essential topics such as share trading, funds, and retirement education. In contrast, Webull also offers educational resources for share trading and funds but lacks content on retirement and does not provide client webinars. Hargreaves Lansdown's superior service is reflected in a 5-star rating by UK.StockBrokers.com, securing a strong #4 ranking out of 18 brokers. Meanwhile, Webull holds a lower rating of 3.5 stars and no specific ranking. This makes Hargreaves Lansdown a more attractive choice for new investors seeking thorough educational support.
Feature |
Hargreaves Lansdown
|
Webull
|
---|---|---|
Client Webinars | Yes | No |
Client Webinars (Archived) | No | No |
Education (Share Trading) | Yes | Yes |
Education (Funds) | Yes | Yes |
Education (Retirement) | Yes | No |
Education |
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of Hargreaves Lansdown and Webull, Hargreaves Lansdown provides a more comprehensive suite of tools for investors. Unlike Webull, it offers in-depth research reports for funds and allows users to view portfolio allocations by asset class. Both platforms offer shares research, but Hargreaves Lansdown goes further with research on ETFs, funds, and bonds, which Webull does not provide. Neither platform offers CFDs research. For investors seeking detailed research and portfolio insights, Hargreaves Lansdown offers a more robust service than Webull.
Feature |
Hargreaves Lansdown
|
Webull
|
---|---|---|
Research - Shares | Yes | Yes |
Research - CFDs | No | No |
Research - ETFs | Yes | No |
Research - Bonds | Yes | No |
Research - Funds | Yes | No |
Fund Research - Research Reports | Yes | No |
Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Hargreaves Lansdown or Webull? 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.
Feature |
Hargreaves Lansdown
|
Webull
|
---|---|---|
Overall Rating | ||
Charges & Fees | ||
Investment Choices | ||
Mobile App | ||
Website | ||
Ease of Use | ||
Education |
When comparing the online brokers Hargreaves Lansdown and Webull, it's important to note that while both platforms offer a range of investment options, neither provides the ability to trade cryptocurrencies, highlighting a key limitation for users interested in digital asset trading.
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0 of 5Overall Rating | Hargreaves Lansdown | Webull | |
---|---|---|---|
Overall Rating | |||
Charges & Fees | |||
Investment Choices | |||
Mobile App | |||
Website | |||
Ease of Use | |||
Education | |||
Review | Hargreaves Lansdown Review | Webull Review | |
Winner | check_circle |
Investments | Hargreaves Lansdown | Webull | |
---|---|---|---|
ISA | Yes | No | |
SIPP | Yes | No | |
Share Trading | Yes | Yes | |
CFD Trading | No | No | |
Funds | Yes | No | |
ETFs | Yes | No | |
Bonds - Corporate | Yes | No | |
Bonds - Government (Gilts) | Yes | No | |
Investment Trusts | Yes | No | |
Spread Betting | No | No | |
Crypto Trading | No | No | |
Advisor Services | Yes | No |
Trading Fees | Hargreaves Lansdown | Webull | |
---|---|---|---|
Minimum Deposit | £1 | £0 | |
Share Trading: 0-9 Deals/ Month | £11.95 | 0.025% | |
Share Trading: 10-19 Deals/ Month | £8.95 | 0.025% | |
Share Trading: 20+ Deals/ Month | £5.95 | 0.025% | |
5 trades per year (£30k portfolio) | £59.75 / £104.75 if in ISA. | 0.025% of trade value | |
12 trades per year (£30k portfolio) | £143.40 / £188.40 if in ISA. | 0.025% of trade value | |
36 trades per year (£30k portfolio) | £430.20 / £475.20 if in ISA. | 0.025% of trade value | |
120 trades per year (£30k portfolio) | £1,074 / £1,119 if in ISA. | 0.025% of trade value | |
3 fund trades per year (£30k portfolio) | £135 | N/A | |
Annual Custody Fee: £0 - £250,000 | Up to £1,125 | £0 | |
Annual Custody Fee: £250K-£500K | Up to £625 | £0 | |
Annual Custody Fee: £500,000 - £1m | Up to £1,250 | £0 | |
Annual Custody Fee: £1m and over | Up to £1,000 | £0 | |
Bonds - Corporate - Fee | £20 - £50 | N/A | |
Bonds - Government (Gilts) - Fee | £20 - £50 | N/A | |
ETFs - Fee | £5.95 - £11.95 | N/A | |
Investment Trusts - Fee | £5.95 - £11.95 | N/A | |
Telephone Dealing Fee | £20 - £50 | N/A |
Broker Screenshots | Hargreaves Lansdown | Webull | |
---|---|---|---|
Website Gallery (click to expand) | |||
Mobile Trading Apps Gallery (click to expand) | |||
Education Gallery (click to expand) |
|
Platforms & Tools | Hargreaves Lansdown | Webull | |
---|---|---|---|
Web Platform | Yes | Yes | |
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Stock Alerts | Yes | Yes | |
Charting - Indicators / Studies | 15 | 12 | |
Charting - Drawing Tools | 11 | 17 | |
Charting - Notes | No | Yes | |
Charting - Display Corporate Events | Yes | Yes | |
Charting - Stock Overlays | Yes | Yes | |
Charting - Index Overlays | Yes | No |
Research | Hargreaves Lansdown | Webull | |
---|---|---|---|
Research - Shares | Yes | Yes | |
Research - CFDs | No | No | |
Research - Funds | Yes | No | |
Fund Research - Research Reports | Yes | No | |
Research - ETFs | Yes | No | |
Research - Bonds | Yes | No | |
Portfolio Allocation Breakdown | Yes | No |
Education | Hargreaves Lansdown | Webull | |
---|---|---|---|
Education (Share Trading) | Yes | Yes | |
Education (Funds) | Yes | Yes | |
Education (Retirement) | Yes | No | |
Client Webinars | Yes | No | |
Client Webinars (Archived) | No | No |
Overall Summary | Hargreaves Lansdown | Webull | |
---|---|---|---|
Overall Rating | |||
Charges & Fees | |||
Investment Choices | |||
Mobile App | |||
Website | |||
Ease of Use | |||
Education | |||
Review | Hargreaves Lansdown Review | Webull Review | |
Winner | check_circle |