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
4.8
4.4
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • Easy-to-use trading platforms
  • High-quality educational tools
  • Great customer service
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
  • High fees for stocks and ETFs
  • Offline account opening for clients outside the UK
  • Only GBP base currency
fees
4.4
  • Free stock/ETF trading
  • Some mutual funds and bonds are free
  • Low non-trading fees
  • High fees for non-free mutual funds
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
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
4.4
  • Fast
  • No minimum deposit
  • Fully digital for UK clients
  • Offline account opening for non-UK clients
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Only one account base currency
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
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
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
3.9
  • User-friendly
  • Good search function
  • Touch/Face ID login
  • No two-step (safer) login
  • No price alerts
desktop trading platform
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Only for Windows
markets and products
3.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
3.0
  • Stock
  • ETF
  • Fund
  • Bond
  • Portfolio+ Venture Capital Trust
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
3.8
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Only basic charting and analytics tools
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
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
  • Banking background
  • No negative balance protection
  • 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 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
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