Written by StockBrokers.com
In this head to head comparison of Lloyds Bank vs Vanguard UK Investor, 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 Vanguard UK Investor 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 Vanguard UK Investor would cost N/A per year.
12 trades per year - Lloyds Bank would cost £40 - £172 per year, while Vanguard UK Investor would cost N/A per year.
36 trades per year - Lloyds Bank would cost £40 - £328 per year, while Vanguard UK Investor would cost N/A per year.
120 trades per year - Lloyds Bank would cost £40 / £1,000 per year, while Vanguard UK Investor would cost N/A per year.
3 fund trades per year - Lloyds Bank would cost £0 per year, while Vanguard UK Investor would cost £500 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.
For UK investors seeking to explore diverse investment options, Lloyds Bank emerges as a strong candidate. It supports share trading, ETFs, funds trading, and allows investments in corporate and government bonds, as well as investment trusts. Moreover, Lloyds Bank offers advisor services, catering to those who might need guidance. Rated a stellar 5 stars out of 5 for investment choices by UK.StockBrokers.com, Lloyds Bank holds the 8th position among 18 evaluated brokers, highlighting its comprehensive offering.
On the other hand, Vanguard UK Investor presents a more streamlined approach. While it offers trading in ETFs and funds, it does not support share trading, bonds, or investment trusts, nor does it provide advisor services. With a rating of 3.5 stars, Vanguard UK Investor ranks 18th out of 18 in terms of investment choices. This makes Vanguard UK best suited to those who prefer a focused investment strategy, particularly in the realm of funds and ETFs, without seeking the wider spectrum of investment avenues offered by Lloyds Bank.
| Feature |
Lloyds Bank
|
Vanguard UK Investor
|
|---|---|---|
| Share Trading | Yes | No |
| CFD Trading | No | No |
| ETFs | Yes | Yes |
| Funds | Yes | Yes |
| 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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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When comparing the trading tools provided by Lloyds Bank and Vanguard UK Investor, both platforms have their limitations. Neither service offers the ability to display corporate events like earnings, splits, or dividends on their charts. They also lack drawing tools and technical indicators for charting, meaning investors can experience a similar level of simplicity when it comes to visualizing and analyzing market data through charts. Additionally, both platforms do not allow users to add notes or overlay indices and stocks on charts, keeping their graphical analysis capabilities quite basic.
While both Lloyds Bank and Vanguard UK Investor offer browser-based trading platforms, a key difference lies in the area of stock alerts. Lloyds Bank enables users to create alerts for stock price updates, providing a proactive way to stay informed, whereas Vanguard UK Investor does not include this feature. In terms of market data, neither platform offers real-time updates, making them more suited for investors who do not require instant, on-the-fly data feeds. Overall, Lloyds Bank edges slightly ahead with its alert functionality, although both platforms present a straightforward and streamlined trading experience.
| Feature |
Lloyds Bank
|
Vanguard UK Investor
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | No |
| Charting - Indicators / Studies | 0 | 0 |
| Charting - Drawing Tools | 0 | 0 |
| Charting - Notes | No | No |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | No | No |
| Charting - Index Overlays | No | No |
When comparing online brokerage options for retirement accounts in the UK, both Lloyds Bank and Vanguard UK Investor offer Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs). Lloyds Bank provides users with a straightforward way to manage their investments through these popular retirement accounts, appealing to those who may already bank with Lloyds. Vanguard UK Investor, renowned for its cost-effective index funds, also presents a compelling choice for individuals looking to grow their retirement savings through ISAs and SIPPs. Whether you seek the convenience of centralizing your banking and investment services or favor low-cost fund options, both Lloyds Bank and Vanguard UK Investor cater to diverse investment preferences in the retirement planning landscape.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Lloyds Bank and Vanguard UK Investor both offer mobile apps for iPhone and Android users, making it easy for UK investors to manage their portfolios on the go. According to UK.StockBrokers.com, both apps receive a 3.5-star rating out of five, reflecting a satisfactory user experience. Despite having the same rating, Lloyds Bank's app is ranked slightly higher at 17th place out of 18 brokers, while Vanguard UK Investor's app closely follows at 19th. This comparison suggests that while both platforms provide similar mobile solutions, Lloyds Bank has a marginal edge in the rankings.
Dive deeper: Best Stock Trading Apps UK.
When comparing the educational resources for beginner investors provided by Lloyds Bank and Vanguard UK Investor, both lack live educational webinars, but Vanguard offers archived webinar content for on-demand access. Neither company provides resources on share trading, but Vanguard excels in offering educational materials on funds and retirement, areas where Lloyds Bank is lacking. Despite these offerings, Lloyds Bank scores higher with a 4-star rating from UK.StockBrokers.com compared to Vanguard's 3.5-star rating. In terms of ranking, Lloyds Bank sits at 14th place among 18 brokers for beginner education, just ahead of Vanguard, which is ranked 17th.
| Feature |
Lloyds Bank
|
Vanguard UK Investor
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| Education (Share Trading) | No | No |
| Education (Funds) | No | Yes |
| Education (Retirement) | No | Yes |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Lloyds Bank and Vanguard UK Investor for market research tools, UK investors will find that both platforms provide research reports for funds. Vanguard UK Investor holds an edge in offering insight into portfolio allocation by asset class, a feature Lloyds Bank doesn't offer. Conversely, Lloyds Bank excels in shares research, which is absent in Vanguard's offerings. Both platforms cater to ETF and fund research, but neither provides insights into CFDs. For bonds research, Lloyds Bank supports investor needs, whereas Vanguard does not. Therefore, your choice may hinge on what research aspects you truly prioritize.
| Feature |
Lloyds Bank
|
Vanguard UK Investor
|
|---|---|---|
| Research - Shares | Yes | No |
| Research - CFDs | No | No |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | Yes |
| Fund Research - Research Reports | Yes | Yes |
| Portfolio Allocation Breakdown | No | Yes |
Which broker is better overall, Lloyds Bank or Vanguard UK Investor? 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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Vanguard UK Investor
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Both Lloyds Bank and Vanguard UK Investor do not offer cryptocurrency trading, focusing their services on traditional investment platforms.
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0 of 5| Overall Rating | Lloyds Bank | Vanguard UK Investor | |
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| Review | Lloyds Bank Review | Vanguard UK Investor Review | |
| Winner | check_circle |
| Investments | Lloyds Bank | Vanguard UK Investor | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | Yes | Yes | |
| Share Trading | Yes | No | |
| CFD Trading | No | No | |
| Funds | Yes | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | Yes | No |
| Trading Fees | Lloyds Bank | Vanguard UK Investor | |
|---|---|---|---|
| Minimum Deposit | £0 | £500 | |
| Share Trading: 0-9 Deals/ Month | £8 - £11 | N/A | |
| Share Trading: 10-19 Deals/ Month | £8 | N/A | |
| Share Trading: 20+ Deals/ Month | £8 | N/A | |
| 5 trades per year (£30k portfolio) | £95 | N/A | |
| 12 trades per year (£30k portfolio) | £40 - £172 | N/A | |
| 36 trades per year (£30k portfolio) | £40 - £328 | N/A | |
| 120 trades per year (£30k portfolio) | £40 / £1,000 | N/A | |
| 3 fund trades per year (£30k portfolio) | £44.50 | £108 | |
| Annual Custody Fee: £0 - £250,000 | £40 | Under £32,000: £48 / Over £32,000: 0.15% | |
| Annual Custody Fee: £250K-£500K | £40 | £375 | |
| Annual Custody Fee: £500,000 - £1m | £40 | £375 | |
| Annual Custody Fee: £1m and over | £40 | £375 | |
| Bonds - Corporate - Fee | £8 - £11 | N/A | |
| Bonds - Government (Gilts) - Fee | £8 - £11 | N/A | |
| ETFs - Fee | £8 - £11 | 0.02% to 0.14% | |
| Investment Trusts - Fee | £8 - £11 | N/A | |
| Telephone Dealing Fee | £35 | N/A |
| Broker Screenshots | Lloyds Bank | Vanguard UK Investor | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | Lloyds Bank | Vanguard UK Investor | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | No | |
| Charting - Indicators / Studies | 0 | 0 | |
| Charting - Drawing Tools | 0 | 0 | |
| Charting - Notes | No | No | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | No | No | |
| Charting - Index Overlays | No | No |
| Research | Lloyds Bank | Vanguard UK Investor | |
|---|---|---|---|
| Research - Shares | Yes | No | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | No | Yes |
| Education | Lloyds Bank | Vanguard UK Investor | |
|---|---|---|---|
| Education (Share Trading) | No | No | |
| Education (Funds) | No | Yes | |
| Education (Retirement) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes |
| Overall Summary | Lloyds Bank | Vanguard UK Investor | |
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| Review | Lloyds Bank Review | Vanguard UK Investor Review | |
| Winner | check_circle |
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