Written by StockBrokers.com
In this head to head comparison of Trading 212 vs Lloyds Bank, 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, Trading 212 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 choices at Trading 212 and Lloyds Bank: both offer share trading, ETFs, and investment trusts, and neither supports crypto. Trading 212 also offers CFD trading, while Lloyds Bank does not. Lloyds Bank adds funds, corporate bonds, UK government bonds (gilts), and optional adviser services, which Trading 212 does not provide. Information about spread betting was not provided for either provider.
Both are rated 4.5 out of 5 for investment choices by UK.StockBrokers.com, with Lloyds Bank ranked 8th out of 21 brokers and Trading 212 ranked 16th. In short, Trading 212 suits investors who want shares, ETFs, investment trusts, and CFDs, while Lloyds Bank suits those who want funds and bonds or access to an adviser.
| Feature |
Trading 212
|
Lloyds Bank
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | Yes |
| Mutual Funds | No | Yes |
| Bonds - Government (Gilts) | No | Yes |
| Investment Trusts | Yes | Yes |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | No | Yes |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
Trading 212 vs Lloyds Bank for trading tools: neither platform shows corporate events (earnings, splits, dividends) on charts, and both let you add notes. Index and stock overlays aren’t available on either. Lloyds Bank lists 93 technical indicators, while Trading 212’s indicator total isn’t stated. The number of drawing tools isn’t specified for either platform.
Both offer a browser-based platform and price alerts. For UK investors who need real-time market data, Trading 212 has the edge, as Lloyds Bank does not provide live prices. If you prefer a wide range of technical indicators for chart analysis, Lloyds Bank’s published count of 93 may appeal, while Trading 212’s indicator coverage isn’t disclosed.
| Feature |
Trading 212
|
Lloyds Bank
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 93 | |
| Charting - Drawing Tools | ||
| Charting - Notes | Yes | Yes |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | No | No |
| Charting - Index Overlays | No | No |
When comparing online broker Trading 212 with Lloyds Bank in terms of retirement account offerings, UK investors will find notable differences. Trading 212 provides Individual Savings Accounts (ISAs), a tax-efficient way to invest, appealing to those looking for straightforward investment options. Lloyds Bank, however, not only offers ISAs but also Self-Invested Personal Pensions (SIPPs), which can be attractive to individuals focused on managing their pension savings and planning for retirement. This makes Lloyds Bank a more comprehensive choice for UK investors seeking both immediate tax benefits and long-term retirement investment flexibility, while Trading 212 is suitable for those who need a simpler investment option like ISAs.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When it comes to mobile trading apps, both Trading 212 and Lloyds Bank provide options for iPhone and Android users. However, the experiences differ significantly according to UK.StockBrokers.com. Trading 212's mobile app shines with a 5-star rating and ranks 3rd out of 21 brokers for its excellent functionality and user experience. In contrast, Lloyds Bank's mobile app receives a more modest 3.5-star rating, placing it at 17th, indicating room for improvement in its mobile trading features. UK investors seeking a top-rated mobile trading experience may find Trading 212 a more appealing choice.
Dive deeper: Best Stock Trading Apps UK.
Trading 212 vs Lloyds Bank for beginner investor education: neither offers client webinars or on-demand replays, and both lack learning content on funds and retirement. Trading 212 does provide share trading education, which Lloyds Bank does not, helping it earn a higher UK.StockBrokers.com rating (4.5/5, ranked 13th of 21) compared with Lloyds (4/5, ranked 14th). For UK beginners seeking straightforward share dealing guidance without webinars, Trading 212 has a slight edge, while Lloyds offers more limited support.
| Feature |
Trading 212
|
Lloyds Bank
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | No |
| Education (Funds) | No | No |
| Education (Retirement) | No | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of Trading 212 and Lloyds Bank, UK investors will find notable differences in the services offered. Trading 212 shines with its ability to display portfolio allocation by asset class, a function Lloyds Bank does not provide. Both platforms are equipped with resources for researching shares and ETFs, catering to investors keen on these assets. However, Trading 212 lacks research reports for funds and bonds, areas where Lloyds Bank excels, offering comprehensive reports for both. Individuals seeking in-depth analysis on funds and bonds might prefer Lloyds Bank, while those prioritizing asset allocation insights may lean towards Trading 212.
| Feature |
Trading 212
|
Lloyds Bank
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | No | Yes |
| Research - Funds | No | Yes |
| Fund Research - Research Reports | No | Yes |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Trading 212 or Lloyds Bank? After collecting more than 900 data points over a 10-week period, we found Trading 212 to be a better trading platform overall.
Trading 212 offers commission-free share dealing and is a great option for those looking to simply execute share or ETF trades. Novice investors or those looking for more diversification through mutual funds may find better options elsewhere.
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Trading 212
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Lloyds Bank
|
|---|---|---|
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Neither Trading 212 nor Lloyds Bank currently offers cryptocurrency trading, positioning both as traditional financial service providers, with Trading 212 specializing in online brokerage and stock trading and Lloyds Bank focusing on conventional banking services.
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0 of 5| Overall Rating | Trading 212 | Lloyds Bank | |
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| Review | Trading 212 Review | Lloyds Bank Review | |
| Winner | check_circle |
| Investments | Trading 212 | Lloyds Bank | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | No | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Mutual Funds | No | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | No | Yes | |
| Bonds - Government (Gilts) | No | Yes | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | |||
| Advisor Services | No | Yes |
| Trading Fees | Trading 212 | Lloyds Bank | |
|---|---|---|---|
| Minimum Deposit | £1 | £1 | |
| Share Trading: 0-9 Deals/ Month | £0 | £9.50 | |
| Share Trading: 10-19 Deals/ Month | £0 | £8 | |
| Share Trading: 20+ Deals/ Month | £0 | £8 | |
| 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 | £0 | £36 | |
| Annual Platform Fee (Funds): £250K-£500K | £0 | £36 | |
| Annual Platform Fee (Funds): £500,000 - £1m | £0 | £36 | |
| Annual Platform Fee (Funds): £1m and over | £0 | £36 | |
| Bonds - Corporate - Fee | N/A | £9.50 | |
| Bonds - Government (Gilts) - Fee | N/A | £9.50 | |
| ETFs - Fee | £0 | £9.50 | |
| Investment Trusts - Fee | £0 | N/A | |
| Telephone Dealing Fee | N/A | £35 |
| Broker Screenshots | Trading 212 | Lloyds Bank | |
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| Platforms & Tools | Trading 212 | Lloyds Bank | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 93 | ||
| Charting - Drawing Tools | |||
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | No | No | |
| Charting - Index Overlays | No | No |
| Research | Trading 212 | Lloyds Bank | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | No | Yes | |
| Fund Research - Research Reports | No | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | No | Yes | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | Trading 212 | Lloyds Bank | |
|---|---|---|---|
| Education (Share Trading) | Yes | No | |
| Education (Funds) | No | No | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Trading 212 | Lloyds Bank | |
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| Review | Trading 212 Review | Lloyds Bank Review | |
| Winner | check_circle |
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