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Interactive Investor vs Lloyds Bank 2020

Your capital is at risk.
Is Interactive Investor better than Lloyds Bank? After scoring UK share dealing accounts on over 40 different variables, Interactive Investor is better than Lloyds Bank. With Interactive Investor's Super Investor Plan, traders pay a low rate of £3.99 per trade on UK stocks and ETFs. Interactive Investor offers brilliant fundamental research for stocks, funds, investment trusts, and ETFs. That said, limited education is provided and trading tools are lackluster.

Overall Rating

Feature Interactive Investor Lloyds Bank
Overall 4.5 3.5
Interactive Investor Review Lloyds Bank Review

Trading Fees

Feature Interactive Investor Lloyds Bank
Share Trading: 0-9 Deals/ Month
£7.99 £11.00
Share Trading: 10-19 Deals/ Month
£3.99 £8.00
Share Trading: 20+ Deals/ Month
£3.99 £8.00
Annual Custody Fee: £0 - £250,000*
£119.88 (£9.99 monthly) £40 (flat)
Bonds - Government (Gilts) - Fee
£40.00 £11.00
ETFs - Fee
£7.99 £11.00
Investment Trusts - Fee
£7.99 £11.00
Telephone Dealing Fee*
£49.00 £35.00
Commissions & Fees 4.5 3.5
Winner check_circle

Platforms & Tools

Feature Interactive Investor Lloyds Bank
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
11 91
Charting - Drawing Tools
0 17
Charting - Notes
No No
Charting - Display Corporate Events
No Yes
Charting - Stock Overlays
Yes No
Platform & Tools 3 3.5
Winner check_circle

Research

Feature Interactive Investor Lloyds Bank
Research - Shares
Yes Yes
Research - CFDs
Yes No
Research - Funds
Yes Yes
Fund Research - Research Reports
Yes No
Research - ETFs
Yes Yes
Research - Bonds
Yes Yes
Portfolio Allocation Breakdown
Yes Yes
Research 4.5 4
Winner check_circle

Investments

Feature Interactive Investor Lloyds Bank
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
Yes Yes
Bonds - Government (Gilts)
Yes Yes
Investment Trusts
Yes Yes
Spread Betting
Yes No
Advisor Services
No Yes
Offering of Investments 4.5 4
Winner check_circle

Education

Feature Interactive Investor Lloyds Bank
Has Education - Share Trading
No Yes
Has Education - Funds
No Yes
Has Education - Retirement
Yes Yes
Client Webinars
No No
Client Webinars (Archived)
No No
Education 2.5 3.5

Overall

Feature Interactive Investor Lloyds Bank
Interactive Investor Review Lloyds Bank Review
Overall 4.5 3.5
Winner check_circle

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, 46 individual variables were assessed. For this review, we will compare Interactive Investor vs Lloyds Bank.

Which broker is cheaper: Interactive Investor or Lloyds Bank?

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. Interactive Investor's score is 4.50 stars versus Lloyds Bank's 3.50 stars.

Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.

1 Trade Per Month - Interactive Investor only charges £119.80 while Lloyds Bank charges £172.00.

3 Trades Per Month - Interactive Investor is cheaper under this scenario. Interactive Investor would cost £287.76 while Lloyds Bank would cost £436.00.

10 Trades Per Month - Interactive Investor is the cheaper option. Fees with Interactive Investor would be £622.92 while fees with Lloyds Bank would be £1,000.00.

20 Trades Per Month - Interactive Investor costs less in this case. Interactive Investor charges £1,101.72 while Lloyds Bank charges £1,960.00.

The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio Interactive Investor charges £119.88 (£9.99 monthly) while Lloyds Bank charges £40 (flat).

Does Interactive Investor or Lloyds Bank offer a wider range of investment options?

Interactive Investor offers a more diverse selection of investment options than Lloyds Bank. Interactive Investor offers investors access to ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Is Interactive Investor or Lloyds Bank better for research?

Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Interactive Investor is better for research than Lloyds Bank. Interactive Investor offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better: Interactive Investor or Lloyds Bank?

To compare the trading platforms of both Interactive Investor and Lloyds Bank, we tested each broker's trading tools. Overall, Lloyds Bank offers a better experience. Looking at charting, Lloyds Bank boasts an offering of 17 charting tools compared to Interactive Investor's 0 available charting tools. Interactive Investor trails Lloyds Bank by 80 total different indicators (for example, moving averages), with Lloyds Bank offering 91 and Interactive Investor offering 11.

Overall, between Interactive Investor and Lloyds Bank, Interactive Investor is the winner.

Interactive Investor Review
Lloyds Bank Review


All pricing data was obtained from a published web site as of 01/15/2020 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.

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