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.
If you're considering online brokers for investment in the UK, Lloyds Bank and Webull present distinct options. Lloyds Bank offers a wide variety of investment choices, including share trading, ETF trading, funds trading, and the trading of both corporate and government bonds. Additionally, Lloyds provides access to investment trusts and advisor services, making it a versatile choice for a range of investment needs. Webull, on the other hand, permits share trading but lacks many of the additional services provided by Lloyds, such as trading in ETFs, funds, and bonds. As a result, Lloyds Bank secures a 5-star rating from UK.StockBrokers.com, ranking eighth out of 21 brokers for investment choices, whereas Webull receives a 3-star rating, landing in the 21st position.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | ||
| ETFs | Yes | |
| Funds | Yes | |
| Bonds - Government (Gilts) | Yes | |
| Investment Trusts | Yes | |
| Spread Betting | ||
| Crypto Trading | ||
| Advisor Services | Yes | |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
For UK traders seeking powerful charting capabilities, the differences between Lloyds Bank and Webull are quite notable. While Webull equips users with the ability to display corporate events on charts, add notes, and overlay stock information—features not available with Lloyds Bank—it also provides a rich set of 17 drawing tools and 12 technical indicators for advanced charting. In contrast, Lloyds Bank offers none of these tools or indicators, potentially limiting its appeal for those interested in detailed market analysis.
Both Lloyds Bank and Webull offer browser-based trading platforms and the functionality to set alerts for stock price updates, making them accessible for online traders. However, Webull surpasses Lloyds in terms of real-time market data availability, a critical element for those who wish to make timely and informed trading decisions. While Lloyds Bank may suit those with basic trading needs, Webull appears to offer a much more comprehensive suite of tools for the more demanding trader.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 12 |
| Charting - Drawing Tools | 0 | 17 |
| Charting - Notes | Yes | |
| Charting - Display Corporate Events | Yes | |
| Charting - Stock Overlays | Yes | |
| Charting - Index Overlays |
In the ever-growing world of online trading, understanding the available retirement accounts is crucial. For UK investors, Lloyds Bank presents a solid option by offering both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), catering to those looking to save for the future with flexible investment choices. On the other hand, Webull does not currently offer ISAs or SIPPs, making Lloyds Bank a more comprehensive choice for investors aiming to build their retirement savings through tax-efficient accounts. This key difference highlights Lloyds Bank's suitability for those focused on retirement planning 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 comparing beginner investor educational resources of Lloyds Bank and Webull, both platforms offer unique features to consider. Lloyds Bank does not provide educational client webinars or on-demand viewing options, whereas Webull is similarly limited in terms of live webinars but offers on-demand archives. Webull takes the lead in share trading and funds education, leaving Lloyds Bank without specified offerings in these areas. Though neither platform focuses on retirement education, Lloyds Bank receives a higher rating of 4 stars from UK.StockBrokers.com compared to Webull's 3.5 stars. Additionally, Lloyds Bank ranks 14th out of 21 brokers for beginner education, surpassing Webull, which holds the 19th spot. These factors highlight different strengths that beginners might weigh when selecting between Lloyds Bank and Webull for educational support.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Client Webinars | ||
| Client Webinars (Archived) | ||
| Education (Share Trading) | Yes | |
| Education (Funds) | Yes | |
| Education (Retirement) | ||
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
For UK investors seeking detailed market research tools, comparing Lloyds Bank and Webull reveals some key differences. Lloyds Bank provides comprehensive research on funds, shares, ETFs, and bonds, catering to investors who desire a wide range of insights across various asset classes. In contrast, Webull offers research on shares, but does not provide detailed reports on funds, ETFs, or bonds. While both platforms support share research, Lloyds Bank stands out for investors looking for extensive research coverage across multiple financial instruments. However, neither platform offers specific tools for viewing portfolio allocation by asset class or research on CFDs, thus investors seeking these features may need to explore additional resources.
| Feature |
Lloyds Bank
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | ||
| Research - ETFs | Yes | |
| Research - Bonds | Yes | |
| Research - Funds | Yes | |
| Fund Research - Research Reports | Yes | |
| Portfolio Allocation Breakdown |
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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Lloyds Bank does not offer crypto trading, whereas Webull provides crypto trading options, making it a favorable choice for 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 | ||
| SIPP | Yes | ||
| Share Trading | Yes | Yes | |
| CFD Trading | |||
| Funds | Yes | ||
| ETFs | Yes | ||
| Bonds - Corporate | Yes | ||
| Bonds - Government (Gilts) | Yes | ||
| Investment Trusts | Yes | ||
| Spread Betting | |||
| Crypto Trading | |||
| Advisor Services | Yes |
| 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 | Yes | ||
| Charting - Display Corporate Events | Yes | ||
| Charting - Stock Overlays | Yes | ||
| Charting - Index Overlays |
| Research | Lloyds Bank | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | ||
| Fund Research - Research Reports | Yes | ||
| Research - ETFs | Yes | ||
| Research - Bonds | Yes | ||
| Portfolio Allocation Breakdown |
| Education | Lloyds Bank | Webull | |
|---|---|---|---|
| Education (Share Trading) | Yes | ||
| Education (Funds) | Yes | ||
| Education (Retirement) | |||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | Lloyds Bank | Webull | |
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| Review | Lloyds Bank Review | Webull Review | |
| Winner | check_circle |
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