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, Vanguard UK Investor offers better pricing than Lloyds Bank 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.
When choosing between Lloyds Bank and Vanguard UK Investor for your investment needs, it's essential to consider the range of account types available. Lloyds Bank stands out by offering a broad spectrum of investment choices, including share trading, ETF trading, funds trading, and even trading in corporate and government bonds. They also provide access to investment trusts and advisory services, giving investors comprehensive tools tailored to meet varied financial goals. In contrast, Vanguard UK Investor emphasizes simplicity but offers a limited range of options. Investors can trade ETFs and funds, but won't find share trading, advisory services, or the ability to invest in bonds and trusts.
Regarding ratings and rankings, Lloyds Bank is rated 5 stars for investment choices by UK.StockBrokers.com, ranking #8 out of 18 brokers, reflecting its versatile offerings. Meanwhile, Vanguard UK Investor, which received a 3.5-star rating, is ranked #16, indicating a narrower investment selection. Whether you're looking for a wide array of trading options or a straightforward approach, these ratings and offerings help make the choice clearer based on individual investment objectives.
| 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 of Lloyds Bank and Vanguard UK Investor, both brokers show similarities and differences. Neither Lloyds Bank nor Vanguard UK Investor provide the ability to display corporate events such as earnings, splits, or dividends on their charts. Additionally, both lack drawing tools and technical indicators, and neither allows users to add notes or overlays (both index and stock) to their charts. These limitations suggest that users seeking advanced charting features may need to consider other platforms.
Both Lloyds Bank and Vanguard UK Investor offer browser-based trading platforms, making it easy for investors to manage their portfolios online. However, Lloyds Bank stands out by offering the ability to set alerts for stock price updates, a feature not available with Vanguard UK Investor. Despite this, neither broker provides real-time market data, which might be a crucial consideration for investors focused on timely market information.
| 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 choosing between Lloyds Bank and Vanguard UK Investor for your retirement account needs, both online brokers provide competitive options for UK investors. Lloyds Bank offers Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), accommodating a range of investment goals with user-friendly online platforms. Similarly, Vanguard UK Investor also supports ISAs and SIPPs, appealing to individuals seeking efficient investment solutions with a focus on low-cost funds. With both brokers offering these popular retirement account types, investors can benefit from tax-efficient savings and a variety of investment choices tailored to their financial future.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile app offerings of Lloyds Bank and Vanguard UK Investor for both iPhone and Android devices, both brokers provide accessible solutions for traders on the go. Lloyds Bank and Vanguard UK Investor each have user-friendly mobile apps available for iPhone and Android users, ensuring seamless access to trading and investment services. According to UK.StockBrokers.com, both apps share an identical rating of 3.5 out of 5 stars, reflecting a comparable user satisfaction level. However, in terms of overall ranking among 18 brokers for their mobile apps, Lloyds Bank is placed slightly higher at 15th, while Vanguard UK Investor ranks 17th. This suggests that while both apps perform similarly, Lloyds Bank's app might offer a slightly better experience to users.
Dive deeper: Best Stock Trading Apps UK.
When it comes to beginner investor educational resources, both Lloyds Bank and Vanguard UK Investor have their strengths and weaknesses. Neither offers live educational webinars for clients, but only Vanguard provides archived webinars for on-demand learning. While neither platform offers education specifically on share trading, Vanguard distinguishes itself by offering educational materials on funds and retirement—topics not covered by Lloyds Bank. Despite these additional resources, Lloyds Bank slightly edges out Vanguard with a UK.StockBrokers.com rating of 4 stars for beginner education, compared to Vanguard's 3.5 stars. However, in a ranking of 18 brokers, Vanguard is placed at #14, just ahead of Lloyds at #15, indicating a very close competition between the two in helping beginner investors get started.
| 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 |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of online brokers Lloyds Bank and Vanguard UK Investor, both platforms provide research reports for funds, ensuring that investors have access to detailed fund analyses. However, Vanguard takes a step further by offering the ability to view portfolio allocation by asset class, a feature Lloyds Bank lacks. If you're interested in shares research, Lloyds Bank is preferable as it provides this service while Vanguard does not. Both companies offer ETFs research, but only Lloyds Bank covers bonds as well, giving it an edge in that particular area. Neither Lloyds Bank nor Vanguard offer CFDs research. Overall, Lloyds Bank could be more appealing to investors needing a broader range of research coverage, while Vanguard stands out for its portfolio allocation insights.
| 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.
| Feature |
Lloyds Bank
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Vanguard UK Investor
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|---|---|---|
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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, £10, £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 | 0.02% to 0.14% | ||
| Investment Trusts - Fee | N/A | ||
| Telephone Dealing Fee | £35 | N/A |
| Broker Screenshots | Lloyds Bank | Vanguard UK Investor | |
|---|---|---|---|
| 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) |
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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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