Hargreaves Lansdown vs Trading 212: Which is the better broker?

This Trading212 vs Hargreaves Lansdown comparison contains the most recent information so you can easily compare Hargreaves Lansdown against Trading212. We update our data regularly, but information can change between updates. Confirm details with the provider you’re interested in before making a decision.

How To Get Free Stocks & Shares In The UK – Up To £300+!

For a comprehensive retirement plan, the availability of SIPPs at Hargreaves Lansdown may give it an edge for some investors compared to Trading 212. 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, Trading 212 offers better pricing than Hargreaves Lansdown for share dealing. In this head to head comparison of Trading 212 vs Hargreaves Lansdown, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more.

• Response times are generally measured in minutes to hours, varying with query complexity.
• By contrast, Hargreaves Lansdown is a more traditional investment platform and does not allow short selling or trading with leverage.
• With Hargreaves Lansdown you’ll have access to a full set of ISA options, including a Stocks & Shares ISA, LISA and JISA as well as a Cash ISA.
• Get £100-£3,000 cashback when you open an ISA or SIPP and make a deposit or transfer an existing ISA or SIPP to HL.

The platform supports charting tools with technical indicators and allows scheduled trades to be set up in advance. Client dashboards present aggregated performance across all accounts and instruments, with downloadable statements for tax and record-keeping purposes. Hargreaves Lansdown and Trading 212 occupy prominent positions within the retail investing landscape, each serving millions of clients with contrasting approaches.

Hargreaves Lansdown and Trading 212 do not offer clients STP accounts. Hargreaves Lansdown and Trading 212 do not offer clients Islamic accounts. Hargreaves Lansdown and Trading 212 do not offer clients ECN accounts. Hargreaves Lansdown and Trading 212 do not offer clients MAM accounts. Hargreaves Lansdown and Trading 212 do not offer clients Standard accounts.

Customer Support and Service Quality

Which one is right for you will depend on your investment goals and whether you want access to riskier trading options. With a managed option, the provider picks and looks after your investments based on information you give initially, tweaking them over time. Investments are more personalised to you and your goals, but management fees are more expensive than DIY options. The key difference is these services pick investments based on your profile and then look after them on an ongoing basis. hargreaves lansdown vs trading 212 The platforms we’ve listed are ‘robo-advisors’ which means they use algorithms to pick and manage investments, although you usually still have access to human customer support. On the other hand, if you’re inexperienced or don’t have much time to dedicate to managing your investments, you could start with a managed option.

We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. Apart from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account.

Are stocks and shares Isas worth it?

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services.

Hargreaves Lansdown offers the top-rated Junior Stocks & Shares ISA on Financial Interest. Trading 212 offers the top-rated Stocks & Shares ISA on Financial Interest. Trading 212 is regulated by several authorities, including the FCA in the UK, the FSC in Bulgaria, and the CySEC in Cyprus.

InvestEngine

Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios. It should be noted that some of the funds offered by Hargreaves Lansdown are located outside of the UK and therefore may not be covered by FSCS protection. This information is made clear in the Key Investor Information Document available online with both platforms. Regardless of the type of account you have, you can easily place trades from the app, including limit orders and stop losses. Trading 212 has a ‘Learn’ section on its website and in its app which provides a range of investing and trading guides, covering all of the asset classes you can trade on its platform.

Trading 212’s ISA includes the valuable feature of flexibility — allowing investors to withdraw and re-deposit funds within the same tax year without affecting their annual ISA allowance. Hargreaves Lansdown’s ISA doesn’t offer this withdrawal and replacement facility. Compare features, fees, and performance to make informed investment decisions. Your trusted guide to finding the perfect app for your financial goals. Hargreaves Lansdown is classified as a traditional brokerage, but it has moved with the times and now offers its services to a more diverse client base. Trading 212 employs a cloud-native architecture to ensure rapid feature deployment and scalability during market volatility.

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When choosing a broker like Hargreaves Lansdown or Trading 212 for trading, it’s important to ensure your money is held in a segregated bank account. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Hargreaves Lansdown or Trading 212. Straight Through Processing or STP is where a requested client’s trade orders are sent directly to the markets. STP is a non-dealing desk trading method aimed mainly at Forex traders. You ideally want to choose a broker like Hargreaves Lansdown or Trading 212 that does not charge too much for withdrawal fees.

• However, non-trading fees billed by Trading212 and Hargreaves Lansdown are relatively lower.
• Instead you will pay any FX fees, if required, on the trades needed to build the portfolio you choose.
• For example, some platforms charge a fee for buying and selling funds, while others offer this for free.
• Aside from ready-made portfolios, Hargreaves Lansdown offers two more helpful options for beginner investors.
• This information is made clear in the Key Investor Information Document available online with both platforms.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the Hargreaves Lansdown platform or Trading 212 that they are regulated. To finish off our comparison, let’s look at the popular tools and features traders prefer side by side. Right away, it’s easy to notice they are focused on different types of investors.

Both Hargreaves Lansdown and Trading 212 scored well in our expert testing and analysis with Hargreaves Lansdown scoring a 4.2 out of 5 and Trading 212 a higher 4.7 out of 5. The Finder Awards recognise innovative products and services, as well as companies that provide outstanding service to their customers. Trading 212 provides one of the higher-rated Cash ISAs on Financial Interest with a ranking of #2 while Hargreaves Lansdown doesn’t currently offer this type of account. Hargreaves Lansdown provides one of the higher-rated SIPPs on Financial Interest with a ranking of #4 while Trading 212 doesn’t currently offer this type of account. Rates, terms, products and services on third-party websites are subject to change without notice.