Compare Hargreaves Lansdown vs Interactive Brokers

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

Hargreaves Lansdown vs Interactive Brokers
open account	Visit broker	Visit broker
overall rating	4.5 / 5.0	4.8 / 5.0
overall pros	Great customer service Easy to use trading platforms High-quality educational tools	Broad product portfolio Low fees Great and diverse research tools
overall cons	High fees for stocks, ETFs, and CFDs Offline account opening for clients outside the UK Only GBP base currency	Funding and withdrawal only through bank transfer Complicated account opening process Not user-friendly and complicated desktop trading platform
fees	2 stars No inactivity fee Low fees for funds, forex, and bonds High stock, ETF, and CFD fees	4 stars Low trading fees Transparent fee structure Inactivity fee
account opening	4 stars Fast account opening Fully digital account opening User-friendly Offline account opening for non-UK clients	3 stars Fully digital account opening No minimum deposit for most accounts Slow account opening Not user-friendly Confusing messages throughout the process
deposit and withdrawal	4 stars Credit/Debit card deposit and withdrawal Free withdrawal No deposit fee Only one account base currency	2 stars Several account base currencies No charge for the first withdrawal each month Credit/Debit card deposit and withdrawal not available Slow funding and withdrawal - over 3 days
web trading platform	4 stars User-friendly Clear fee report Good search function No two-step (safe) login Limited customizability (for charts, workspace)	4 stars User-friendly Clear fee report Two-step (safe) login Limited customizability (for charts, workspace)
mobile trading platform	4 stars User-friendly Good search function Order confirmation No two-step (safe) login No price alerts	4 stars Two-step (safe) login Good search function Innovative functions (i.e. Chatbot) Not user-friendly
desktop trading platform	-	3 stars Good variety of order types Two-step (safe) login Price alerts Not user-friendly Poor search function
markets and products	4 stars Stock ETF Forex Fund Bond CFD Crypto	5 stars Stock ETF Forex Fund Bond Options Futures CFD Crypto
research	4 stars Analyst recommendations for stocks, bonds, etc. Data on asset fundamentals User-friendly Limited interactive charting No/limited set of analytic tools	4 stars Good quality news flow Good set of analytical tools Fundamental data available Not user-friendly
customer service	4 stars Fast response time Relevant answers Professional tone No live chat No 24/7 availability	4 stars Live chat Fast response time Relevant answers Email ticketing looks like from the 90's
education	4 stars Trading platform tutorial videos Educational videos Easy to understand Good production quality No demo account	5 stars Demo account Educational videos Good production quality Courses only available to members
safety	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	Listed on stock exchange Negative balance protection Regulated by top-tier financial authorities
recommended for	Beginners and buy and hold investors looking for great customer service and easy to use trading platforms	Traders who prefer low fees and a professional trading environment

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