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Compare Charles Schwab vs Hargreaves Lansdown


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

Charles Schwab vs Hargreaves Lansdown
overall rating
4.6 / 5.0
4.5 / 5.0
overall pros
  • Outstanding research
  • Low fees
  • Great customer service
  • Great customer service
  • Easy to use trading platforms
  • High-quality educational tools
overall cons
  • No credit/debit cards and electronic wallets for money transfer
  • Only US markets covered
  • Not well-structured education
  • High fees for stocks, ETFs, and CFDs
  • Offline account opening for clients outside the UK
  • Only GBP base currency
fees
4 stars
  • Low trading fees
  • No inactivity fee
  • Some ETFs, bonds, and mutual funds are free
  • High financing rate
  • High fees for mutual funds
2 stars
  • No inactivity fee
  • Low fees for funds, forex, and bonds
  • High stock, ETF, and CFD fees
account opening
5 stars
  • Fast account opening
  • Fully digital account opening
  • No minimum account balance
  • For non-US clients $25,000 minimum
4 stars
  • Fast account opening
  • Fully digital account opening
  • User-friendly
  • Offline account opening for non-UK clients
deposit and withdrawal
2 stars
  • No deposit fee
  • User-friendly
  • Credit/Debit card deposit and withdrawal not available
  • Only one account base currency
  • High fee for wire withdrawals
4 stars
  • Credit/Debit card deposit and withdrawal
  • Free withdrawal
  • No deposit fee
  • Only one account base currency
web trading platform
4 stars
  • User-friendly
  • Clear fee report
  • Price alerts
  • No two-step (safe) login
  • Limited customizability (for charts, workspace)
4 stars
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safe) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4 stars
  • User-friendly
  • Looks nice
  • No two-step (safe) login
  • No price alerts
4 stars
  • User-friendly
  • Good search function
  • Order confirmation
  • No two-step (safe) login
  • No price alerts
desktop trading platform
4 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safe) login
  • Only for Windows
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markets and products
3 stars
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
4 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • CFD
  • Crypto
research
5 stars
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stock and ETF
  • Hard to navigate
4 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
4 stars
  • Live chat
  • Relevant answers
  • 24/7 availability
  • No email support
4 stars
  • Fast response time
  • Relevant answers
  • Professional tone
  • No live chat
  • No 24/7 availability
education
3 stars
  • Trading platform tutorial videos
  • Educational videos
  • Good production quality
  • No demo account
  • Not well-structured
4 stars
  • Trading platform tutorial videos
  • Educational videos
  • Easy to understand
  • Good production quality
  • No demo account
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Regulated by top tier financial authority
  • High level of investor protection
  • Listed on stock exchange
  • No negative balance protection
  • Does not hold a banking license
recommended for Investors and traders looking for solid research, low fees, and great customer service Beginners and buy and hold investors looking for great customer service and easy to use trading platforms