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.
Trading 212 and Lloyds Bank both let UK investors buy and sell shares, ETFs, and investment trusts, and neither supports crypto. The key differences are in other products: Trading 212 includes CFD trading, while Lloyds Bank offers funds plus both corporate bonds and UK government bonds (gilts). Lloyds also provides advisor services; Trading 212 does not.
According to UK.StockBrokers.com, both earn 4.5 out of 5 for investment choices. In the 21-broker league table, Trading 212 ranks #10 and Lloyds Bank ranks #7. If you want CFDs, Trading 212 may suit you; if you prefer funds, bonds, gilts, and access to advice, Lloyds Bank is the stronger match.
| 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.
For UK investors comparing mobile apps, the online broker Trading 212 and Lloyds Bank both offer iPhone and Android apps; however, UK.StockBrokers.com rates Trading 212 at 5/5 stars and ranks it #3 out of 21 brokers for Mobile Apps, while Lloyds Bank earns 3.5/5 stars and ranks #14, indicating Trading 212 provides a higher-rated mobile trading experience.
Dive deeper: Best Stock Trading Apps UK.
For UK beginners comparing education, Trading 212 edges Lloyds Bank: neither offers live webinars or on‑demand replays, and both lack content on funds and retirement, but Trading 212 does provide share trading education while Lloyds Bank does not. According to UK.StockBrokers.com, Trading 212 earns 4.5/5 stars and ranks 10th of 21 for beginner education, versus Lloyds Bank at 4/5 stars and 11th. If you want straightforward lessons on share trading, Trading 212 is the stronger choice; otherwise, both are fairly limited.
| 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 is a popular investing platform best known for its commission-free trading, easy-to-use mobile app, and support for low-cost investing in stocks and ETFs.
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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 | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Education Gallery (click to expand) |
| 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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