menu

IG Group vs Lloyds Bank Review

Steve Miley

Published by Steve Miley


Tuesday, August 7th, 2018

Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing ten different share dealing accounts for buying shares online in the UK. In total, 124 individual variables were assessed. For this review, we will compare IG Group vs Lloyds Bank.

To start this comparison, first, we will take a look at the fees charged for dealing in the UK. It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. IG Group received a rating of 4.50 stars over Lloyds Bank's 4.00 stars.

Cost aside, we can now turn our focus to popular tools and features investors prefer in the UK. Account access is certainly at the top of the list, and Lloyds Bank provides its clients with ISA and SIPP while IG Group provides clients access to ISA, SIPP and Spread Betting. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. IG Group boasts an offering of 9 charting tools compared to Lloyds Bank's 1 available charting tools. Lloyds Bank offers its clients access to 43 different indicators (for example, volume) while IG Group has 22 available indicators, a difference of 21. Both IG Group and Lloyds Bank offer basic stock alerts. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Neither IG Group and Lloyds Bank offer fund research reports.

Overall, IG Group boasts 4.50 stars versus Lloyds Bank's 3.00 stars. And, when it comes to individual category awards, IG Group posted awards Best in Class - Platforms & Tools, Best in Class - Mobile Trading and Best in Class - Education in 2017, while Lloyds Bank found itself with none of these.
There are no results to display, please adjust your filters or reset the Compare Tool.
Overall
Commissions & Fees
Offering of Investments
Platform & Tools
CustomerService
Research
Education
MobileTrading
Share Trading: 0-9 Deals/ Month
Share Trading: 10-19 Deals/ Month
Share Trading: 20+ Deals/ Month
Annual Custody Fee: £0 - £250,000*
Bonds - Government (Gilts) - Fee
ETFs - Fee
Investment Trusts - Fee
Telephone Dealing Fee*
Advantage
Share Trading
CFD Trading
Funds
ETFs
Bonds - Corporate
Bonds - Government (Gilts)
Investment Trusts
Spread Betting
Banking Services
Advantage
Desktop Platform (Windows)
Web Platform
iPad App
Android App
Charting - Indicators / Studies
Charting - Drawing Tools
Stock Alerts
Charting - Notes
Charting - Display Corporate Events
Charting - Stock Overlays
Advantage
Research - Shares
Research - CFDs
Research - Funds
Fund Research - Research Reports
Research - ETFs
Research - Bonds
Portfolio Allocation Breakdown
Advantage
Has Education - Share Trading
Has Education - Funds
Has Education - Retirement
Client Webinars
Client Webinars (Archived)
Advantage
Overall
Advantage
IG Group
IG Group Review
 
4.5
4.5
4
4.5
4
3
4.5
4.5
 
£8.00
£5.00
£5.00
£96.00
N/A
£8.00
£8.00
£40.00
check_circle
 
Yes
Yes
No
Yes
No
No
Yes
Yes
No
check_circle
 
Yes
Yes
Yes
Yes
26
19
Yes
Yes
Yes
Yes
check_circle
 
Yes
No
No
No
No
No
No
 
Yes
No
No
Yes
Yes
check_circle
 
4.5
check_circle
Lloyds Bank
Lloyds Bank Review
 
3
4
3.5
3
4
3.5
1
2.5
 
£11.00
£8.00
£8.00
£40.00
£11.00
£11.00
£11.00
£35.00
 
Yes
No
Yes
Yes
Yes
Yes
Yes
No
Yes
 
No
Yes
No
No
43
1
Yes
No
Yes
Yes
 
Yes
No
Yes
No
No
No
Yes
check_circle
 
Yes
No
No
No
No
 
3

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.

arrow_drop_upBack to top