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Interactive Investor vs Lloyds Bank 2020
Your capital is at risk.
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Overall Rating
| Feature | Interactive Investor | Lloyds Bank |
| Overall | ||
| Interactive Investor Review | Lloyds Bank Review |
Trading Fees
| Feature | Interactive Investor | Lloyds Bank |
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Share Trading: 0-9 Deals/ Month |
£7.99 (Investor Plan) | 8 to 11 |
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Share Trading: 10-19 Deals/ Month |
£3.99 (Super Investor Plan) | £8.00 |
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Share Trading: 20+ Deals/ Month |
£3.99 (Super Investor Plan) | £8.00 |
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Annual Custody Fee: £0 - £250,000 |
£119.88 (Investor Plan - £9.99 monthly) | £40 (flat) |
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Bonds - Government (Gilts) - Fee |
£40.00 | £11.00 |
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ETFs - Fee |
£7.99 (Investor Plan) | £11.00 |
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Investment Trusts - Fee |
£7.99 (Investor Plan) | £11.00 |
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Telephone Dealing Fee |
£49.00 | £35.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Interactive Investor | Lloyds Bank |
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Desktop Platform (Windows) |
No | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | No |
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Android App |
Yes | No |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
11 | 83 |
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Charting - Drawing Tools |
0 | 17 |
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Charting - Notes |
No | Yes |
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Charting - Display Corporate Events |
Yes | No |
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Charting - Stock Overlays |
Yes | No |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Interactive Investor | Lloyds Bank |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
No | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
Yes | No |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
No | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Interactive Investor | Lloyds Bank |
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Share Trading |
Yes | Yes |
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CFD Trading |
No | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
No | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Interactive Investor | Lloyds Bank |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
Yes | Yes |
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Has Education - Retirement |
Yes | Yes |
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Client Webinars |
No | No |
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Client Webinars (Archived) |
No | No |
| Education |
Overall
| Feature | Interactive Investor | Lloyds Bank |
| Interactive Investor Review | Lloyds Bank Review | |
| Overall | ||
| Winner | check_circle |
For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Interactive Investor vs Lloyds Bank.
Which broker is less expensive?
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, Lloyds Bank offers better pricing than Interactive Investor 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.
1 Trade Per Month - Interactive Investor is cheaper. Interactive Investor would only cost £119.80 each year while Lloyds Bank would cost £172.00.
3 Trades Per Month - Interactive Investor is less expensive under this scenario. Interactive Investor would cost £287.76 per year while Lloyds Bank would cost £436.00.
10 Trades Per Month - Interactive Investor is the better choice. Annual fees with Interactive Investor would total £622.92, while annual fees with Lloyds Bank would be £1,000.00.
20 Trades Per Month - Interactive Investor costs less in this scenario. Total annual costs with Interactive Investor would equal £1,101.72, while Lloyds Bank would equal £1,960.00.
Which broker offers 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.
Which platform offers better research?
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?
To compare the trading platforms of both Interactive Investor and Lloyds Bank, we tested each broker's trading tools and share dealing app. All features compared, Lloyds Bank offers a better share dealing platform.
Overall, between Interactive Investor and Lloyds Bank, Interactive Investor is the winner.
Interactive Investor ReviewLloyds Bank Review
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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.
