Written by StockBrokers.com
In this head to head comparison of XTB vs Lloyds Bank, 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, XTB 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 - XTB would cost £0 per year, while Lloyds Bank would cost £95 per year.
12 trades per year - XTB would cost £0 per year, while Lloyds Bank would cost £40 - £172 per year.
36 trades per year - XTB would cost £0 per year, while Lloyds Bank would cost £40 - £328 per year.
120 trades per year - XTB would cost £0 per year, while Lloyds Bank would cost £40 / £1,000 per year.
3 fund trades per year - XTB would cost £0 per year, while Lloyds Bank 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 the investment choices available at XTB and Lloyds Bank, both platforms provide opportunities for share and ETF trading. However, XTB distinguishes itself by offering CFD trading, an option not available through Lloyds Bank. On the other hand, Lloyds Bank excels in a broader range of investment options, including funds, corporate and government bonds, as well as investment trusts. They also offer advisory services, which are absent in XTB's offerings.
In terms of ratings, Lloyds Bank boasts a perfect 5-star rating for investment choices from UK.StockBrokers.com, placing it as the 8th best among 18 brokers. XTB, while still offering a commendable range of options, holds a 4.5-star rating and ranks 14th. Each platform caters to different investor needs, with XTB focusing on certain types of trading, whereas Lloyds Bank offers a more diverse investment portfolio along with advisory support.
| Feature |
XTB
|
Lloyds Bank
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | Yes |
| Funds | No | Yes |
| Bonds - Government (Gilts) | No | Yes |
| Investment Trusts | No | Yes |
| Spread Betting | Yes | No |
| Crypto Trading | No | No |
| Advisor Services | No | Yes |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When it comes to trading tools, XTB offers a more comprehensive suite compared to Lloyds Bank. XTB enables users to display corporate events like earnings, splits, and dividends directly on charts, a feature Lloyds Bank lacks. Traders with XTB can also take advantage of 20 drawing tools and 39 technical indicators for an enhanced charting experience, while Lloyds Bank does not provide any drawing tools or technical indicators. Additionally, XTB allows users to add notes to charts, giving traders greater flexibility to personalize their analysis, whereas Lloyds Bank does not provide this feature.
Both XTB and Lloyds Bank provide a browser-based trading platform and the ability to create stock price alerts, ensuring that traders can stay informed about market movements. However, a significant difference lies in real-time market data availability—XTB offers this capability, providing traders with up-to-the-minute information, whereas Lloyds Bank does not. Neither platform offers index or stock overlays on charts, so users seeking these features will need to look elsewhere. Overall, for those emphasizing robust charting and real-time data accessibility, XTB presents a more trader-friendly option.
| Feature |
XTB
|
Lloyds Bank
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 39 | 0 |
| Charting - Drawing Tools | 20 | 0 |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | Yes | No |
| Charting - Stock Overlays | No | No |
| Charting - Index Overlays | No | No |
When comparing the retirement account offerings of online broker XTB and Lloyds Bank, potential investors have a range of options to consider. Both XTB and Lloyds Bank provide Individual Savings Accounts (ISAs), ideal for those looking to save or invest with tax advantages. However, when it comes to Self-Invested Personal Pension (SIPP) accounts, only Lloyds Bank offers this option, catering to individuals planning for their retirement with a more tailored pension plan. XTB does not currently offer SIPP accounts, focusing instead on their ISA offerings to meet the needs of savers and investors.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Both XTB and Lloyds Bank offer mobile apps for iPhone and Android users, providing convenient access for on-the-go financial management. XTB’s mobile app is highly rated, earning 4.5 stars out of five from UK.StockBrokers.com and securing the #10 spot amongst 18 brokers for mobile app performance. In contrast, Lloyds Bank's app receives a 3.5-star rating and is ranked at #15. Whether seeking robust features or user-friendly interfaces, both platforms provide viable options for managing finances through mobile technology.
Dive deeper: Best Stock Trading Apps UK.
When comparing the educational resources for beginner investors offered by XTB and Lloyds Bank, XTB stands out as the more comprehensive choice. While neither XTB nor Lloyds Bank provides educational client webinars or on-demand archived versions, XTB offers valuable education specifically on the topic of share trading, which Lloyds Bank does not. Both brokers lack educational content regarding funds and retirement. In terms of beginner education ratings by UK.StockBrokers.com, XTB scores higher with 4.5 stars and ranks 8th out of 18 brokers, whereas Lloyds Bank receives 4 stars and ranks 15th. XTB's focus on share trading education and its higher overall beginner education rating make it a more appealing option for novice investors looking to broaden their knowledge.
| Feature |
XTB
|
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 XTB and Lloyds Bank for their market research features, both platforms offer shares and ETFs research, providing valuable insights for investment decisions. However, XTB takes a slight edge by offering the ability to see portfolio allocation by asset class, a feature not provided by Lloyds Bank. For those interested in research reports for funds, Lloyds Bank may be more appealing, as it offers in-depth analysis in this area, while XTB does not. Additionally, XTB caters to CFD investors with dedicated research, which Lloyds Bank lacks. Conversely, Lloyds Bank supports investors with bonds research, a service XTB does not provide. Both have their strengths depending on the investor's focus, making it essential to choose based on your specific investment needs.
| Feature |
XTB
|
Lloyds Bank
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | No |
| 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, XTB or Lloyds Bank? After collecting more than 900 data points over a 10-week period, we found XTB to be a better trading platform overall.
XTB has set itself up as a strong competitor in commission-free share trading. Its low fees and solid educational content will make XTB particularly attractive to newer investors. It does not, however, offer an ISA or SIPP.
| Feature |
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Lloyds Bank
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When comparing online brokers, both XTB and Lloyds Bank do not offer cryptocurrency trading, making neither a choice for investors seeking crypto investment options.
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0 of 5| Overall Rating | XTB | Lloyds Bank | |
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| Review | XTB Review | Lloyds Bank Review | |
| Winner | check_circle |
| Investments | XTB | Lloyds Bank | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | No | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Funds | No | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | No | Yes | |
| Bonds - Government (Gilts) | No | Yes | |
| Investment Trusts | No | Yes | |
| Spread Betting | Yes | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | Yes |
| Trading Fees | XTB | Lloyds Bank | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £0 | £8, £10, £11 | |
| Share Trading: 10-19 Deals/ Month | £0 | £8 | |
| Share Trading: 20+ Deals/ Month | £0 | £8 | |
| 5 trades per year (£30k portfolio) | £0 | £95 | |
| 12 trades per year (£30k portfolio) | £0 | £40 - £172 | |
| 36 trades per year (£30k portfolio) | £0 | £40 - £328 | |
| 120 trades per year (£30k portfolio) | £0 | £40 / £1,000 | |
| 3 fund trades per year (£30k portfolio) | N/A | £44.50 | |
| Annual Custody Fee: £0 - £250,000 | 0 | £40 | |
| Annual Custody Fee: £250K-£500K | 0 | £40 | |
| Annual Custody Fee: £500,000 - £1m | 0 | £40 | |
| Annual Custody Fee: £1m and over | 0 | £40 | |
| Bonds - Corporate - Fee | N/A | £8 - £11 | |
| Bonds - Government (Gilts) - Fee | N/A | £8 - £11 | |
| ETFs - Fee | £0 | ||
| Investment Trusts - Fee | N/A | ||
| Telephone Dealing Fee | N/A | £35 |
| Broker Screenshots | XTB | Lloyds Bank | |
|---|---|---|---|
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| Education Gallery (click to expand) |
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| Platforms & Tools | XTB | Lloyds Bank | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 39 | 0 | |
| Charting - Drawing Tools | 20 | 0 | |
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | No | No | |
| Charting - Index Overlays | No | No |
| Research | XTB | Lloyds Bank | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | No | |
| Research - Funds | No | Yes | |
| Fund Research - Research Reports | No | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | No | Yes | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | XTB | 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 | XTB | Lloyds Bank | |
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| Review | XTB Review | Lloyds Bank Review | |
| Winner | check_circle |
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