Compare Hargreaves Lansdown vs Oanda


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

Hargreaves Lansdown vs Oanda
overall rating
4.4
4.6
overall pros
  • Easy to use trading platforms
  • High-quality educational tools
  • Great customer service
  • Generally low fees
  • Easy-to-use web trading platform
  • Easy and digital account opening
overall cons
  • High fees for stocks and ETFs
  • Offline account opening for clients outside the UK
  • Only GBP base currency
  • Only FX and some CFDs
  • Poor customer service
  • High bank withdrawal fee
fees
2.8
  • Low non-trading fees
  • No withdrawal fee
  • Low fees for funds and bonds
  • High stock and ETF fees
  • Currency conversion fee
4.5
  • Low trading fees
  • Low forex fees
  • No withdrawal fee
  • No withdrawal fee in most cases
  • High withdrawal fee for bank transfers
account opening
4.3
  • Fast
  • Fully digital for UK clients
  • Offline account opening for non-UK clients
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Issues with ID verification can slow account opening
deposit and withdrawal
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Only one account base currency
4.2
  • Credit/Debit card available
  • No deposit fee
  • Withdrawal is free for PayPal and for the first debit card transaction each month
  • High withdrawal fee for bank transfers
web trading platform
3.7
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
mobile trading platform
3.9
  • User-friendly
  • Good search function
  • Touch/Face ID login
  • No two-step (safer) login
  • No price alerts
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
desktop trading platform
3.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No price alerts
markets and products
3.0
  • Stock
  • ETF
  • Fund
  • Bond
  • Portfolio+ Venture Capital Trust
1.5
  • Forex
  • CFD
research
3.8
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Only basic charting and analytics tools
4.8
  • Good interactive chart
  • Quality news flow
  • User-friendly
  • Great API
  • Research tools are poorly organized
customer service
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
3.4
  • Phone support
  • Live chat
  • No 24/7 support
  • Speed could be improved
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Materials are not well-organized
  • 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
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms Forex traders who value a user-friendly platform and great research tools
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