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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 | £11.00 |
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Share Trading: 10-19 Deals/ Month |
£3.99 | £8.00 |
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Share Trading: 20+ Deals/ Month |
£3.99 | £8.00 |
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Annual Custody Fee: £0 - £250,000* |
£119.88 | £40.00 |
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Bonds - Government (Gilts) - Fee |
£40.00 | £11.00 |
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ETFs - Fee |
£7.99 | £11.00 |
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Investment Trusts - Fee |
£7.99 | £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 | 91 |
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Charting - Drawing Tools |
0 | 17 |
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Charting - Notes |
No | No |
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Charting - Display Corporate Events |
No | Yes |
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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 |
Yes | 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 |
Yes | 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 |
Yes | 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 |
Yes | 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 |
No | Yes |
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Has Education - Funds |
No | Yes |
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Has Education - Retirement |
No | 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 |
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched 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.
Scenario 1 - If you make 1 trade a month, or 12 per year, the fees with Lloyds Bank wold be £172 and the fees with Interactive Investor would be £119.8.
Scenario 2 - 3 trades per month, for a total of 36 trades per year. Lloyds Bank would charge £436 while Interactive Investor would charge £287.76.
Scenario 3 - 120 trades per year, or 10 trades per month. Interactive Investor charges £622.92 and Lloyds Bank charges £1000.
Scenario 4 - If you make 20 trades a month, or 240 per year, the fees with Interactive Investor wold be £1101.72 and the fees with Lloyds Bank would be £1960.
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Lloyds Bank offers clients ISA and SIPP while Interactive Investor offers ISA, ISA - Junior, SIPP and Spread Betting. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Lloyds Bank offers its clients access to 17 charting tools while Interactive Investor has 0 charting tools, a difference of 17. Interactive Investor trails Lloyds Bank by 80 total different indicators (for example, moving averages), with Lloyds Bank offering 91 and Interactive Investor offering 11. Both Interactive Investor and Lloyds Bank offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Interactive Investor offers fund research reports while Lloyds Bank does not.
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.
