Written by StockBrokers.com
In this head to head comparison of Lloyds Bank vs Robinhood UK, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Your capital is at risk.
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, Robinhood UK offers better pricing than Lloyds Bank for share dealing.
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.
Comparing investment choice in the UK, both Lloyds Bank and Robinhood UK offer share dealing, and neither supports crypto or CFD trading. Lloyds Bank goes further with access to ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts, plus adviser services. Robinhood UK currently focuses on shares only. Spread betting isn’t specified for either.
For breadth, Lloyds Bank earns 4.5/5 stars and ranks #8 of 21 for Investment Choices at UK.StockBrokers.com, while Robinhood UK scores 3/5 stars and ranks #20 of 21. If you want a wider menu of investments, Lloyds Bank may suit; if you only want to buy and sell shares, Robinhood UK could be enough.
| Feature |
Lloyds Bank
|
Robinhood UK
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Mutual Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | Yes | No |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
Lloyds Bank and Robinhood UK differ on charting tools. Lloyds Bank offers 93 technical indicators and lets you add notes to charts, while Robinhood UK has 3 indicators and no chart notes. Neither broker displays corporate events (earnings, splits, dividends) on charts, and neither supports index or stock overlays. Drawing tools are not specified for Lloyds Bank, and Robinhood UK offers none.
Both provide a browser-based platform and price alerts. If you need real-time market data, Robinhood UK includes it, whereas Lloyds Bank does not. Traders who want a wider range of indicators and the ability to annotate charts may prefer Lloyds Bank, while those seeking live prices with a simpler setup may lean toward Robinhood UK.
| Feature |
Lloyds Bank
|
Robinhood UK
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 93 | 3 |
| Charting - Drawing Tools | 0 | |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | No | No |
| Charting - Index Overlays | No | No |
When choosing between online brokers in the UK, Lloyds Bank and Robinhood UK offer differing options for managing retirement accounts. Lloyds Bank provides both Individual Savings Accounts (ISA) and Self-Invested Personal Pensions (SIPP), offering flexibility for those interested in saving and preparing for retirement. This dual option is ideal for UK residents looking for both tax-efficient savings and personalized pension plans. In contrast, Robinhood UK does not currently offer ISA or SIPP accounts, limiting their appeal for those focused on retirement savings. If retirement account options are a priority for you, Lloyds Bank may be the more suitable choice.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For UK investors comparing mobile trading apps, Lloyds Bank and Robinhood UK both offer iPhone and Android apps, but their user experiences differ according to UK.StockBrokers.com ratings. Lloyds Bank's mobile app garners a 3.5-star rating, positioning it at #17 out of 21 brokers for mobile apps. Meanwhile, Robinhood UK's app excels with a 4-star rating, earning a higher rank of #13. Users seeking efficient trading experiences may find Robinhood UK offers a slightly superior app, but both platforms provide accessible options for managing investments on-the-go.
Dive deeper: Best Stock Trading Apps UK.
For UK residents looking to dip their toes into investing, the beginner investor educational resources offered by Lloyds Bank and Robinhood UK have notable differences. While both lack client webinars and on-demand sessions, Lloyds Bank doesn't provide specific education on share trading, unlike Robinhood UK. However, neither platform offers guidance for fund investments or retirement planning. Despite this, Lloyds Bank scores higher in beginner education with a rating of 4 stars and ranks 14th out of 21 brokers according to UK.StockBrokers.com, while Robinhood UK has a 3.5-star rating and ranks 20th, indicating a slight edge for Lloyds Bank in educational support for novices.
| Feature |
Lloyds Bank
|
Robinhood UK
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | No | Yes |
| Education (Funds) | No | No |
| Education (Retirement) | No | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Lloyds Bank to Robinhood UK for market research features, Lloyds Bank stands out for those seeking comprehensive research reports, especially with its offerings in funds and bonds analysis—options that Robinhood UK lacks. Both platforms do provide research on shares and ETFs, making them useful for equity and exchange-traded fund investors. However, neither allows users to view their portfolio allocation by asset class. UK investors looking for detailed fund and bond insights may find Lloyds Bank more advantageous, while Robinhood UK offers a simplified approach without comprehensive fund or bond research.
| Feature |
Lloyds Bank
|
Robinhood UK
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | No |
| Fund Research - Research Reports | Yes | No |
| Portfolio Allocation Breakdown | No | No |
Which broker is better overall, Lloyds Bank or Robinhood UK? 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.
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Robinhood UK
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Both Lloyds Bank and Robinhood UK do not offer crypto trading options, making them similar in their lack of cryptocurrency investment services for traders.
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0 of 5| Overall Rating | Lloyds Bank | Robinhood UK | |
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| Review | Lloyds Bank Review | Robinhood UK Review | |
| Winner | check_circle |
| Investments | Lloyds Bank | Robinhood UK | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | No | |
| Mutual Funds | Yes | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | |||
| Advisor Services | Yes | No |
| Trading Fees | Lloyds Bank | Robinhood UK | |
|---|---|---|---|
| Minimum Deposit | £1 | £0 | |
| Share Trading: 0-9 Deals/ Month | £9.50 | £0 | |
| Share Trading: 10-19 Deals/ Month | £8 | £0 | |
| Share Trading: 20+ Deals/ Month | £8 | £0 | |
| 5 trades per year (£30k portfolio) | |||
| 12 trades per year (£30k portfolio) | |||
| 36 trades per year (£30k portfolio) | |||
| 120 trades per year (£30k portfolio) | |||
| 3 fund trades per year (£30k portfolio) | |||
| Annual Platform Fee (Funds): £0 - £250,000 | £36 | £0 | |
| Annual Platform Fee (Funds): £250K-£500K | £36 | £0 | |
| Annual Platform Fee (Funds): £500,000 - £1m | £36 | £0 | |
| Annual Platform Fee (Funds): £1m and over | £36 | £0 | |
| Bonds - Corporate - Fee | £9.50 | N/A | |
| Bonds - Government (Gilts) - Fee | £9.50 | N/A | |
| ETFs - Fee | £9.50 | £0 | |
| Investment Trusts - Fee | N/A | N/A | |
| Telephone Dealing Fee | £35 | N/A |
| Broker Screenshots | Lloyds Bank | Robinhood UK | |
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| Platforms & Tools | Lloyds Bank | Robinhood UK | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 93 | 3 | |
| Charting - Drawing Tools | 0 | ||
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | No | No | |
| Charting - Index Overlays | No | No |
| Research | Lloyds Bank | Robinhood UK | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | No | No |
| Education | Lloyds Bank | Robinhood UK | |
|---|---|---|---|
| Education (Share Trading) | No | Yes | |
| Education (Funds) | No | No | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Lloyds Bank | Robinhood UK | |
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| Review | Lloyds Bank Review | Robinhood UK Review | |
| Winner | check_circle |
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