Written by StockBrokers.com
In this head to head comparison of Lloyds Bank vs Revolut, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
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 Revolut 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.
5 trades per year - Lloyds Bank would cost £95 per year, while Revolut would cost £0 per year.
12 trades per year - Lloyds Bank would cost £40 - £172 per year, while Revolut would cost £0 per year.
36 trades per year - Lloyds Bank would cost £40 - £328 per year, while Revolut would cost £47.88 per year.
120 trades per year - Lloyds Bank would cost £40 / £1,000 per year, while Revolut would cost £540 per year.
3 fund trades per year - Lloyds Bank would cost £0 per year, while Revolut would cost £0 - £540 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
When comparing investment options between Lloyds Bank and Revolut, UK investors may find a notable difference in their offerings and ratings. Lloyds Bank provides a comprehensive suite of options, including share trading, ETFs, funds, corporate and government bonds, and investment trusts, plus advisor services to guide customers. This diverse array is reflected in its high rating of 5 stars by UK.StockBrokers.com, placing it 8th among 21 brokers for investment choices.
In contrast, Revolut offers a more limited selection; while it supports share and crypto trading, it does not offer funds, bonds, or investment trusts and lacks advisory services. This restricted range results in a 3.5-star rating from UK.StockBrokers.com, ranking it 19th of 21 brokers surveyed. Therefore, while Revolut might appeal to those interested in crypto, Lloyds Bank is well-suited for those seeking a broader array of investment opportunities.
| Feature |
Lloyds Bank
|
Revolut
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | ||
| ETFs | Yes | |
| Funds | Yes | |
| Bonds - Government (Gilts) | Yes | |
| Investment Trusts | Yes | |
| Spread Betting | ||
| Crypto Trading | Yes | |
| Advisor Services | Yes | |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When choosing an online broker in the UK, it's important to consider what trading tools are available. Lloyds Bank and Revolut offer different features that could influence your choice. Lloyds Bank provides a browser-based trading platform, allowing you to create alerts for stock price updates, but lacks in offering corporate event displays, drawing tools, technical indicators, and the ability to add notes or overlays on charts. This could limit your trading strategies if charts play a big part in your decision-making process.
On the other hand, Revolut provides real-time market data and the ability to set alerts for stock price changes, making it competitive in keeping you informed on market shifts. However, similar to Lloyds Bank, Revolut does not include advanced charting tools like displaying corporate events, or the ability to add notes, overlays, or drawing options. While both brokers have their merits, your choice may depend on whether you prioritise a fully browser-based experience or real-time data accessibility.
| Feature |
Lloyds Bank
|
Revolut
|
|---|---|---|
| Web Platform | Yes | |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 0 |
| Charting - Drawing Tools | 0 | 0 |
| Charting - Notes | ||
| Charting - Display Corporate Events | ||
| Charting - Stock Overlays | ||
| Charting - Index Overlays |
In the UK, Lloyds Bank stands out as a provider of retirement-focused accounts, offering both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs) to help you grow your savings. While Revolut is known for its innovative banking services, it currently does not offer either ISAs or SIPPs. This distinction is crucial for those specifically looking to manage their retirement funds, making Lloyds Bank a go-to choice for more traditional retirement account options.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Lloyds Bank and Revolut both offer mobile apps for iPhone and Android users in the UK. While Lloyds Bank's app garners a rating of 3.5 stars from UK.StockBrokers.com, placing it at number 17 out of 21 brokers in their mobile app rankings, Revolut outshines it with a 4-star rating, securing the 14th spot in the same list. Whether you lean towards the traditional banking services of Lloyds or the more modern, digital-first approach of Revolut, both are readily accessible on your mobile device, making it easy to manage finances on the go.
Dive deeper: Best Stock Trading Apps UK.
When comparing Lloyds Bank and Revolut for their beginner investor educational resources, both platforms present unique offerings tailored to novice investors. Lloyds Bank provides educational webinars that are accessible for clients, covering a variety of investment topics including share trading, funds, and retirement planning. These webinars, however, are not archived for on-demand viewing, which may limit accessibility for some users. Revolut also offers educational webinars, but similarly, they are not available for later viewing. Their focus on share trading and funds provides essential knowledge, though Revolut does not delve deeply into retirement education. According to UK.StockBrokers.com, Lloyds Bank is rated with 4 stars for beginner education, ranking it 14th out of 21 brokers, while Revolut secures a slightly lower rating of 3.5 stars, placing it at 21st. This comparison suggests that Lloyds Bank may be a more comprehensive choice for novice investors seeking educational support.
| Feature |
Lloyds Bank
|
Revolut
|
|---|---|---|
| Client Webinars | ||
| Client Webinars (Archived) | ||
| Education (Share Trading) | ||
| Education (Funds) | ||
| Education (Retirement) | ||
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of online brokers Lloyds Bank and Revolut, UK investors will find notable differences. Lloyds Bank provides comprehensive research reports for funds, shares, ETFs, and bonds, making it a suitable choice for those seeking a wide array of insights. However, it lacks research support for CFDs and detailed portfolio allocation by asset class, an area where Revolut excels. Although Revolut offers shares research, it doesn't provide insights into ETFs, funds, bonds, or CFDs. Instead, its strength lies in enabling users to view their portfolio allocation by asset class, appealing to those interested in understanding their investment spread. Ultimately, the choice between Lloyds Bank and Revolut may depend on the specific research needs and investment preferences of the user.
| Feature |
Lloyds Bank
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | ||
| Research - ETFs | Yes | |
| Research - Bonds | Yes | |
| Research - Funds | Yes | |
| Fund Research - Research Reports | Yes | |
| Portfolio Allocation Breakdown | Yes |
Which broker is better overall, Lloyds Bank or Revolut? After collecting more than 900 data points over a 10-week period, we found Lloyds Bank to be a better trading platform overall.
It's easy for current Lloyds Bank customers to open a Lloyds Bank Share Dealing investment account. But there are other platforms that are easier, more comprehensive and cheaper to use, including Halifax, which is also owned by Lloyds Banking Group.
| Feature |
Lloyds Bank
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Revolut
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| Charges & Fees |
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| Mobile App |
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| Website |
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| Ease of Use |
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While Revolut provides the option for users to engage in cryptocurrency trading, Lloyds Bank does not currently offer this feature.
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0 of 5| Overall Rating | Lloyds Bank | Revolut | |
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| Review | Lloyds Bank Review | Revolut Review | |
| Winner | check_circle |
| Investments | Lloyds Bank | Revolut | |
|---|---|---|---|
| ISA | Yes | ||
| SIPP | Yes | ||
| Share Trading | Yes | Yes | |
| CFD Trading | |||
| Funds | Yes | ||
| ETFs | Yes | ||
| Bonds - Corporate | Yes | ||
| Bonds - Government (Gilts) | Yes | ||
| Investment Trusts | Yes | ||
| Spread Betting | |||
| Crypto Trading | |||
| Advisor Services | Yes |
| Trading Fees | Lloyds Bank | Revolut | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 - £540 | |
| Share Trading: 0-9 Deals/ Month | £8 - £11 | £0 | |
| Share Trading: 10-19 Deals/ Month | £8 | 0.25% or £1 | |
| Share Trading: 20+ Deals/ Month | £8 | 0.25% or £1 | |
| 5 trades per year (£30k portfolio) | £95 | £0 | |
| 12 trades per year (£30k portfolio) | £40 - £172 | £0 | |
| 36 trades per year (£30k portfolio) | £40 - £328 | £47.88 | |
| 120 trades per year (£30k portfolio) | £40 / £1,000 | £540 | |
| 3 fund trades per year (£30k portfolio) | £44.50 | N/A | |
| Annual Custody Fee: £0 - £250,000 | £40 | £0 - £45 | |
| Annual Custody Fee: £250K-£500K | £40 | £0 - £45 | |
| Annual Custody Fee: £500,000 - £1m | £40 | £0 - £45 | |
| Annual Custody Fee: £1m and over | £40 | £0 - £45 | |
| Bonds - Corporate - Fee | £8 - £11 | N/A | |
| Bonds - Government (Gilts) - Fee | £8 - £11 | N/A | |
| ETFs - Fee | £8 - £11 | N/A | |
| Investment Trusts - Fee | £8 - £11 | N/A | |
| Telephone Dealing Fee | £35 | N/A |
| Broker Screenshots | Lloyds Bank | Revolut | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
| Platforms & Tools | Lloyds Bank | Revolut | |
|---|---|---|---|
| Web Platform | Yes | ||
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 0 | |
| Charting - Drawing Tools | 0 | 0 | |
| Charting - Notes | |||
| Charting - Display Corporate Events | |||
| Charting - Stock Overlays | |||
| Charting - Index Overlays |
| Research | Lloyds Bank | Revolut | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | ||
| Fund Research - Research Reports | Yes | ||
| Research - ETFs | Yes | ||
| Research - Bonds | Yes | ||
| Portfolio Allocation Breakdown | Yes |
| Education | Lloyds Bank | Revolut | |
|---|---|---|---|
| Education (Share Trading) | |||
| Education (Funds) | |||
| Education (Retirement) | |||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | Lloyds Bank | Revolut | |
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| Mobile App |
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| Review | Lloyds Bank Review | Revolut Review | |
| Winner | check_circle |
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