menu

IG Group vs Lloyds Bank Review

Steve Miley

Published by Steve Miley


Thursday, March 21st, 2019

Is IG Group better than Lloyds Bank? After scoring UK share dealing accounts on over 100 different variables, IG Group is better than Lloyds Bank. Founded in 1974 and respected as one of the most trusted brokers in the world, IG has been offering share dealing since 2014, providing traders low costs, quality trading tools, and access to over 9,000 shares across the globe.

There are no results to display, please adjust your filters or reset the Compare Tool.
Overall

Trading Fees

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*
Commissions & Fees
Winner

Platforms & Tools

Desktop Platform (Windows)
Web Platform
iPhone App
Android App
Stock Alerts
Charting - Indicators / Studies
Charting - Drawing Tools
Charting - Notes
Charting - Display Corporate Events
Charting - Stock Overlays
Platform & Tools
Winner

Research

Research - Shares
Research - CFDs
Research - Funds
Fund Research - Research Reports
Research - ETFs
Research - Bonds
Portfolio Allocation Breakdown
Research
Winner

Investments

Share Trading
CFD Trading
Funds
ETFs
Bonds - Corporate
Bonds - Government (Gilts)
Investment Trusts
Spread Betting
Banking Services
Advisor Services
Offering of Investments
Winner

Education

Has Education - Share Trading
Has Education - Funds
Has Education - Retirement
Client Webinars
Client Webinars (Archived)
Education
Winner

Overall

Overall
Winner
 
£8.00
£5.00
£5.00
£96.00
N/A
£8.00
£8.00
£40.00
4.5
check_circle
 
Yes
Yes
Yes
Yes
Yes
26
19
Yes
Yes
Yes
4.5
check_circle
 
Yes
No
No
No
No
No
No
3
 
Yes
Yes
No
Yes
No
No
Yes
Yes
No
No
4
check_circle
 
Yes
No
No
Yes
Yes
4.5
check_circle
 
4.5
check_circle
 
£11.00
£8.00
£8.00
£40.00
£11.00
£11.00
£11.00
£35.00
4
 
No
Yes
No
No
Yes
43
1
No
Yes
Yes
3
 
Yes
No
Yes
No
No
No
Yes
3.5
check_circle
 
Yes
No
Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
3.5
 
Yes
No
No
No
No
1
 
Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 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's score is 4.50 stars versus 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 offers its clients access to 19 charting tools while Lloyds Bank has 1 charting tools, a difference of 18. IG Group trails Lloyds Bank by 17 total different indicators (for example, moving averages), with Lloyds Bank offering 43 and IG Group offering 26. 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, between IG Group and Lloyds Bank, IG Group is the winner.

IG Group Review
Lloyds Bank 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.

arrow_drop_upBack to top