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
| 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.
| 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.
| 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.
| 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 | 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.
| 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 | 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 | 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).
