Hargreaves Lansdown alternatives
Compare investment platforms that offer an alternative to what Hargreaves Lansdown provides.
By Andrew Boyd | Verified by David Boyd | Updated 9th May 2022
Comparing Hargreaves Lansdown alternatives
On eToro's website
68% of retail CFD accounts lose money
eToro
Brokerage Fee
N/A
Tradable Assets
Commodities, Crypto, ETFs, Forex, Indices, Shares
Tradable Indices
LSE, NASDAQ, NYSE and more
Signup Bonus
None
Highlights
- Set up a demo account on eToro where you can practice trading without risking your own money.
- Trade UK, US, and international shares, ETFs, and indices as well as crypto, commodities, and currencies.
- Use eToro’s copy trading feature, so you can choose a trader from a leaderboard and automatically copy their trades.
- eToro offers much more flexibility in terms of account funding options. For example, depositing with a credit card is an option.
- With eToro Money, you have access to your account funds with a debit card.
interactive investor
Brokerage Fee
£7.99
Tradable Assets
Bonds, ETFs, Funds, Stocks
Tradable Indices
Asian markets, ASX, European markets, LSE, NASDAQ, NYSE
Signup Bonus
None
Highlights
- Both platforms offer reasonable access to trade UK, US, and several international stock exchanges.
- Like HL, you can trade shares, ETFs, and bonds on interactive investor, plus invest in an ISA and SIPP.
- HL and interactive investor are both based in the UK and regulated by the FCA.
IG
Brokerage Fee
£0.00
Tradable Assets
Bonds, Commodities, Crypto, ETFs, Forex, Shares, Share CFDs
Tradable Indices
ASX, DAX, LSE, ISEQ, NASDAQ, NYSE and more
Signup Bonus
None
Highlights
- Both platforms are beginner-friendly and offer a similar choice of investments for clients, although IG has more advanced trading options available.
- Hargreaves Lansdown and IG are both fully regulated by the FCA in the UK and listed on the London Stock Exchange.
- Given what the platform is capable of — automated trading, futures, CFDs, etc. — IG is more aligned with the needs of the more seasoned Investor.
On Fineco's website
Fineco
Brokerage Fee
£4.00
Tradable Assets
Bonds, CFDs, ETFs, Forex, Funds, Futures, Options, Stocks
Tradable Indices
NASDAQ, SP500, FTSE100, DAX, CAC40, EUROSTOXX50 and more
Signup Bonus
None
Highlights
- Fineco and HL both offer access to trade shares, ETFs, forex, funds, and bonds. Fineco offers more scope for the more advanced trader.
- Both platforms provide high quality research and education for investors in addition to good customer service.
- Like HL, Fineco is regulated in the UK by the FCA. Both are publicly traded companies.
Saxo Markets
Brokerage Fee
£10.00
Tradable Assets
Bonds, CFDs, Commodities, Crypto, ETFs, FOREX, Futures, Mutual funds, Options, Stocks
Tradable Indices
EU, HK, JP, SG, US markets and more
Signup Bonus
None
Highlights
- Like HL, Saxo Markets offers access to a wide range of investments from UK and international shares, ETFs, and bonds. You can also trade leveraged products such as commodities, which HL does not offer.
- Overall, the two platforms have a similar fee structure for trading and investing.
- You can invest in an ISA, SIPP, and trust on Saxo Markets (which you can also do on HL).
- Both platforms provide good research and education resources for clients.
Degiro
Brokerage Fee
£0.00
Tradable Assets
Bonds, ETFs, Funds, Futures, Options, Shares, Structured products
Tradable Indices
ASX, LSE, NASDAQ, NYSE, TSE, XETRA and more
Signup Bonus
None
Highlights
- Degiro is based in the Netherlands. Like HL, Degiro is also regulated by the FCA.
- Both platforms offer access to markets in the UK, US and a wide range of other international markets.
- You can trade a similar range of assets on both, including ETFs, mutual funds and stocks, although HL offers access to slightly more choice, including tax-efficient VCTs.
