Written by StockBrokers.com
In this head to head comparison of Lloyds Bank vs Webull, 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, Webull 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 Webull would cost 0.025% of trade value per year.
12 trades per year - Lloyds Bank would cost £40 - £172 per year, while Webull would cost 0.025% of trade value per year.
36 trades per year - Lloyds Bank would cost £40 - £328 per year, while Webull would cost 0.025% of trade value per year.
120 trades per year - Lloyds Bank would cost £40 / £1,000 per year, while Webull would cost 0.025% of trade value per year.
3 fund trades per year - Lloyds Bank would cost £0 per year, while Webull would cost £0 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 comparing Lloyds Bank and Webull as online brokers for UK investors, their available investment choices show distinct differences. Lloyds Bank offers a broader range of options with share trading, ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts. In contrast, Webull primarily focuses on share trading and does not provide access to ETFs, funds, or various types of bonds. Additionally, Lloyds Bank offers advisory services, which is another offering that Webull does not currently provide.
These differences are reflected in their ratings by UK.StockBrokers.com, where Lloyds Bank receives a strong 5-star score for its investment choices, securing the 8th position out of 21 brokers. Conversely, Webull is rated with 3 stars, placing it at the 21st position in the same ranking. This comparison highlights Lloyds Bank as a more comprehensive option for UK investors looking for a wide array of investment avenues, particularly for those interested in funds and bonds.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| 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.
When comparing the trading tools of Lloyds Bank and Webull, UK investors might find Webull more feature-rich for charting capabilities. Unlike Lloyds Bank, which offers a basic trading platform, Webull allows users to enhance their trading experience with advanced features. Webull supports displaying corporate events like earnings on charts, offers 17 drawing tools, and provides 12 technical indicators, whereas Lloyds Bank does not offer any of these features. Additionally, Webull lets traders add notes and stock overlays to charts for deeper analysis, something not available with Lloyds Bank.
Both Lloyds Bank and Webull provide browser-based trading platforms where users can set up alerts for stock price updates. However, for those who value up-to-the-minute market insights, only Webull delivers real-time market data, while Lloyds Bank does not. Overall, for UK traders seeking advanced charting tools and real-time data, Webull stands out as a more comprehensive option when compared to Lloyds Bank's offerings.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 12 |
| Charting - Drawing Tools | 0 | 17 |
| Charting - Notes | No | Yes |
| Charting - Display Corporate Events | No | Yes |
| Charting - Stock Overlays | No | Yes |
| Charting - Index Overlays | No | No |
When comparing online brokers Lloyds Bank and Webull for retirement accounts, UK investors may find Lloyds Bank more appealing thanks to its availability of both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs). Lloyds Bank provides a comprehensive range of options tailored for UK retirement planning, which contrasts with Webull’s offerings, as Webull currently does not provide ISAs or SIPPs. This difference underscores the importance of assessing the specific retirement saving tools offered by each broker to match individual investment goals, especially for those looking to leverage the tax advantages of ISAs and SIPPs in the UK.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Lloyds Bank and Webull both offer mobile apps for iPhone and Android to accommodate modern trading needs. However, UK.StockBrokers.com rates Lloyds Bank's app at 3.5 stars, ranking it at number 17 out of 21 brokers for mobile apps. In contrast, Webull's app receives a higher rating of 4.5 stars, securing the 8th spot. This suggests that while both platforms provide essential mobile functionality, Webull tends to offer a more highly regarded mobile trading experience according to user reviews. For UK traders seeking reliable and efficient mobile trading, Webull may present a more appealing choice over Lloyds Bank based on these ratings.
Dive deeper: Best Stock Trading Apps UK.
When it comes to educational resources for beginner investors, Lloyds Bank and Webull present distinct offerings. Lloyds Bank achieves a higher rating of 4 stars from UK.StockBrokers.com, with a rank of 14 out of 21 brokers, despite lacking educational client webinars and any on-demand materials. On the other hand, Webull provides education specifically on share trading and funds, earning it a slightly lower rating of 3.5 stars and a rank of 19. Both platforms, however, lack resources on retirement planning and do not offer archived webinars. For UK investors eager to learn, the choice between the two may hinge on the importance of structured education versus specific topic coverage.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | No | Yes |
| Education (Funds) | No | Yes |
| Education (Retirement) | No | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of Lloyds Bank and Webull, UK investors will find that Lloyds Bank provides a range of research options for those interested in detailed insights. Lloyds Bank offers research reports for funds and provides in-depth analysis on shares, ETFs, funds, and bonds. This makes it a strong choice for investors seeking comprehensive market insights across different investment products. In contrast, Webull offers shares research but misses out on reports for funds, ETFs, and bonds, which might limit the depth of analysis available to investors. Neither Lloyds Bank nor Webull provides the ability to view portfolio allocation by asset class, and both lack research on CFDs, so users desiring this feature may need to look elsewhere. Overall, Lloyds Bank offers a broader spectrum of market research options compared to Webull, making it a suitable choice for UK investors looking for extensive research resources.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | Yes | No |
| 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 Webull? 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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Webull
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While Lloyds Bank does not provide options for crypto trading, Webull similarly does not support cryptocurrency trading, aligning both online brokers in their current offerings to prospective investors interested in cryptocurrency.
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0 of 5| Overall Rating | Lloyds Bank | Webull | |
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| Review | Lloyds Bank Review | Webull Review | |
| Winner | check_circle |
| Investments | Lloyds Bank | Webull | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | No | |
| 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 | Webull | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £8 - £11 | 0.025% | |
| Share Trading: 10-19 Deals/ Month | £8 | 0.025% | |
| Share Trading: 20+ Deals/ Month | £8 | 0.025% | |
| 5 trades per year (£30k portfolio) | £95 | 0.025% of trade value | |
| 12 trades per year (£30k portfolio) | £40 - £172 | 0.025% of trade value | |
| 36 trades per year (£30k portfolio) | £40 - £328 | 0.025% of trade value | |
| 120 trades per year (£30k portfolio) | £40 / £1,000 | 0.025% of trade value | |
| 3 fund trades per year (£30k portfolio) | £44.50 | N/A | |
| Annual Custody Fee: £0 - £250,000 | £40 | £0 | |
| Annual Custody Fee: £250K-£500K | £40 | £0 | |
| Annual Custody Fee: £500,000 - £1m | £40 | £0 | |
| Annual Custody Fee: £1m and over | £40 | £0 | |
| Bonds - Corporate - Fee | £8 - £11 | N/A | |
| Bonds - Government (Gilts) - Fee | £8 - £11 | N/A | |
| ETFs - Fee | £8 - £11 | N/A | |
| Investment Trusts - Fee | £8 - £11 | N/A | |
| Telephone Dealing Fee | £35 | N/A |
| Broker Screenshots | Lloyds Bank | Webull | |
|---|---|---|---|
| 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) |
| Platforms & Tools | Lloyds Bank | Webull | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 12 | |
| Charting - Drawing Tools | 0 | 17 | |
| Charting - Notes | No | Yes | |
| Charting - Display Corporate Events | No | Yes | |
| Charting - Stock Overlays | No | Yes | |
| Charting - Index Overlays | No | No |
| Research | Lloyds Bank | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | No | No |
| Education | Lloyds Bank | Webull | |
|---|---|---|---|
| Education (Share Trading) | No | Yes | |
| Education (Funds) | No | Yes | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Lloyds Bank | Webull | |
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| Review | Lloyds Bank Review | Webull Review | |
| Winner | check_circle |
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