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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
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
  • 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