Hargreaves Lansdown non-trading fees as of January 2024
I've thoroughly tested Hargreaves Lansdown services with our analyst team by opening a real-money account and these are my most important findings:
- Non-trading fees at Hargreaves Lansdown are considered to be low overall
- Apart from trading fees, online brokerages usually charge non-trading fees as well
- Inactivity and custody fees are the most important non-trading fees for long-term stock investors
You can find all the non-trading fees charged by Hargreaves Lansdown in the table below.
|Non-trading fee category
|No inactivity fee
|No custody fee
|first £5,000: 1.00%; next £5,000: 0.75%; next £10,000: 0.50%; over £20,000: 0.25%
|No account fee for Fund & Share account, but there is an account fee for SIPP and ISA accounts.
Data updated on January 26, 2024
At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.
What are non-trading fees and when are they charged?
Brokerage services are rarely completely free, and what you pay your broker can make a big difference in your investment results. Trading fees - such as the commission on a simple stock trade - are usually fairly straightforward, but there may be other fees lurking in the background. If you're a long-term stock investor, the following so-called non-trading fees are worth your attention:
- Inactivity fees are charged by some brokers if you don't use your account for an extended period; it's typically only a few dollars per month but can be higher sometimes
- Some brokers charge a custody fee for the safekeeping of your stock, ETF or bond investments; this is usually a very small percentage of the value of your current holdings
Other non-trading fees you may encounter include conversion fees (if your account and the stock you're buying are in a different currency), and withdrawal fees (for taking money out of your brokerage account). Thankfully, the vast majority of brokers no longer charge deposit fees (for putting money in your account) or account fees (just for maintaining your account).
To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
- Hargreaves Lansdown custody fee
- Hargreaves Lansdown inactivity fee as of July 2023
- Hargreaves Lansdown equity trading fees as of July 2023
- Hargreaves Lansdown overall equity fees as of September 2023
- Hargreaves Lansdown stock trading related fees as of July 2023
- Hargreaves Lansdown stock fees explained as of July 2023
- Hargreaves Lansdown ETF trading conditions as of July 2023 explained.
- Hargreaves Lansdown non-trading fees summary as of July 2023