Compare Alpaca Trading vs Hargreaves Lansdown


Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against Hargreaves Lansdown!

Alpaca Trading vs Hargreaves Lansdown
overall rating
4.6
4.4
overall pros
  • Great API trading service
  • Free stock & ETFs
  • Fantastic charting tools
  • Easy-to-use trading platforms
  • High-quality educational tools
  • Great customer service
overall cons
  • Customer support limited to email
  • Limited deposit and withdrawal options
  • Only US stocks and ETFs available
  • High fees for stocks and ETFs
  • Offline account opening for clients outside the UK
  • Only GBP base currency
fees
4.9
  • Commission-Free Stock and ETF Trading
  • No inactivity fee
  • No withdrawal fee
2.7
  • Low non-trading fees
  • No withdrawal fee
  • Low fees for funds and bonds
  • High stock and ETF fees
  • Currency conversion fee
account opening
4.8
  • Fast
  • Fully digital
  • No minimum deposit
  • Bit complex process for integrating third-party tools
4.4
  • Fast
  • No minimum deposit
  • Fully digital for UK clients
  • Offline account opening for non-UK clients
deposit and withdrawal
1.8
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Only one account base currency
web trading platform
3.7
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • No price alerts
  • Limited customizability
  • Limited search function
3.7
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Charting is extremely slow
mobile trading platform
4.2
  • User-friendly
  • Two-step (safer) login
  • Order confirmation
  • Poor search function
  • No price alerts
  • No Touch/Face ID login
3.9
  • User-friendly
  • Good search function
  • Touch/Face ID login
  • No two-step (safer) login
  • No price alerts
desktop trading platform
  • Limited order types
markets and products
2.0
  • Stock
  • ETF
3.0
  • Stock
  • ETF
  • Fund
  • Bond
  • Portfolio+ Venture Capital Trust
research
5.0
  • Access to highly functional API
  • Great charting tools
  • Data on asset fundamentals
  • No trading ideas
3.8
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Only basic charting and analytics tools
customer service
1.9
  • Great Slack and community forums
  • Email support
  • No phone support
  • No live chat
  • Mediocre email support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
4.0
  • Trading platform tutorial
  • Educational videos
  • Demo account only on mobile
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Listed on stock exchange
  • Does not hold a banking license
recommended for Traders interested in algorithmic stock trading Beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms
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