Overview of Hargreaves Lansdown fees and charges

When it comes to brokerage fees Hargreaves Lansdown shows a mixed picture: some fees are high but some are low. First you need to figure out your approach or you should use our questionnaire to be able to tell whether Hargreaves Lansdown fees are an advantage for you. Continue reading about Hargreaves Lansdown fees and charges to see if this is the right brokerage for you or a similar broker like Interactive Investor or AJ Bell Youinvest is better for you.

Here's a high level overview of Hargreaves Lansdown's fees

Hargreaves Lansdown Fees snapshot
Assets Fee level Fee terms
US stock fee High Based on previous month's activity. 0-9 trades: £11.95 per trade; 10-19 trades: £8.95 per trade; 20+ trades: £5.95 per trade
EURUSD fee - Not available
US tech fund fee Low Tiered annual fee based on volume held. On first £250k, the fee is 0.45%, on the value between £250k-£1m it is 0.25%, on the value between £1m-£2m it is 0.10%, and there is no charge on the value above £2m.
Inactivity fee Low No inactivity fee

Hargreaves Lansdown fees
Hargreaves Lansdown fees explained

We compare Hargreaves Lansdown fees with its closest competitors, Interactive Investor and AJ Bell Youinvest.

Hargreaves Lansdown fees
Hargreaves Lansdown trading fees

Hargreaves Lansdown's trading fees are mid-tier which means you need to pay special attention to asset classes with high trading fees.

Let's break down the trading fees into the different asset classes available at Hargreaves Lansdown.

Trading fees

Hargreaves Lansdown's trading fees are average.

Stock fees and ETF fees

Hargreaves Lansdown has high stock trading fees.

Stock fees of a $2,000 trade
Hargreaves Lansdown Interactive Investor AJ Bell Youinvest
US stock $13.5 $6.8 $11.2
UK stock $13.5 $6.8 $11.2
German stock $13.5 $22.6 $11.2

Fund fees

Hargreaves Lansdown fund fees are low.

A $2,000 fund buy fees
Hargreaves Lansdown Interactive Investor AJ Bell Youinvest
Mutual fund $0.0 $6.8 $1.7
EU mutual fund $0.0 $9.6 $1.8

Bond fees

Hargreaves Lansdown has low bond fees.

Bond fees of a $10,000 trade
Hargreaves Lansdown Interactive Investor AJ Bell Youinvest
US Treasury bond - - -
EU government bond $13.5 $6.8 $11.2

Financing rates

Hargreaves Lansdown financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

Hargreaves Lansdown yearly financing rates
Hargreaves Lansdown Interactive Investor AJ Bell Youinvest
Apple CFD financing rate - - -
Vodafone CFD financing rate - - -
EURUSD financing rate - - -
EURGBP financing rate - - -

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

Currency conversion fee

Hargreaves Lansdown will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: first £5,000: 1.00%; next £5,000: 0.75%; next £10,000: 0.50%; over £20,000: 0.25%.

Hargreaves Lansdown fees
Hargreaves Lansdown non-trading fees

When it comes to looking at all the non-trading fees Hargreaves Lansdown is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at Hargreaves Lansdown that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how Hargreaves Lansdown stacks up in non-trading fees
Hargreaves Lansdown Interactive Investor AJ Bell Youinvest
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No Yes No

Hargreaves Lansdown fees
Hargreaves Lansdown deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Hargreaves Lansdown is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Hargreaves Lansdown offers.

Hargreaves Lansdown deposit methods
Hargreaves Lansdown Interactive Investor AJ Bell Youinvest
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets No No No
Deposit fee $0 $0 $0

Hargreaves Lansdown fees
Hargreaves Lansdown withdrawal fee

Unlike some online brokers we have reviewed Hargreaves Lansdown does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

Hargreaves Lansdown withdrawal fees and options compared
Hargreaves Lansdown Interactive Investor AJ Bell Youinvest
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets No No No
Withdrawal fee with bank transfer $0 $0 $0

Hargreaves Lansdown fees
Hargreaves Lansdown inactivity fee

Hargreaves Lansdown does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Analyst head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Share

Comments

×