Hargreaves Lansdown Review 2025

Hargreaves Lansdown review
Hargreaves Lansdown Awards

Hargreaves Lansdown have won numerious industry awards over the 43 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Hargreaves Lansdown below.

• Best Customer Service - Boring Money - 2024
• Best Buy ISA - Boring Money - 2023
• Best Investment App - Boring Money - 2024
• Best For Customer Service - Boring Money - 2024
• Best Buy LISA - Boring Money - 2024
• Best Buy Pension - Boring Money - 2024
• Pensions Communications Award - Pensions Age - 2024
• Share Dealing Customer Satisfaction Winner - Finder Awards - 2023
• Best Online Stock Broker - The Personal Finance Awards - 2022/2023
• Best Investment App - Boring Money - 2023
• Best Buy ISA - Boring Money - 2023
• Best Buy Lifetime ISA - Boring Money - 2023
• Best Buy Pension - Boring Money - 2023
• Best Online / Mobile Access - Colwma City of London Wealth Management Awards - 2023
• Gold For Customer Experience - Times Money Mentor - 2022
• Best Buy ISA - Boring Money - 2022
• Best Buy Pensions - Boring Money - 2022
• Best For Customer Service - Boring Money - 2022
• Times Money Mentor Gold Award - Times Money Mentor - 2022
• Best Buy LISA - Boring Money - 2022
• Best App - Boring Money - 2022
• Best Pension Provider - ADVFN Financial Awards - 2022
• Best Online Stockbroker - ADVFN Financial Awards - 2022
• Best ISA Provider - MoneyAge - 2021
• Best SIPP Provider - UK Investor Magazine - 2021
• Best Fund Supermarket - UK Investor Magazine - 2021
• Best Stocks and Shares ISA Provider - UK Investor Magazine - 2021
• Best Share Dealing Platform - UK Investor Magazine - 2021
• Best Investment Platform - Your Money - 2021
• Trusted Service - Feefo - 2021
• Best for Digital ISA - Boring Money - 2021
• Best Buy Pension - Boring Money - 2021
• Best for Digital Pension - Boring Money - 2021
• Best for Beginners Pension - Boring Money - 2021
• Best Investment ISA - The Personal Finance Awards - 2020
• Share Dealing Customer Satisfaction - Finder Awards - 2020

Hargreaves Lansdown review
Hargreaves Lansdown Fees Explained

• Hargreaves Lansdown doesn't charge withdrawal fees.
• Hargreaves Lansdown does not charge a fee for inactive accounts.
• Hargreaves Lansdown doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Hargreaves Lansdown are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Hargreaves Lansdown Costs To Check

Modern brokers like Hargreaves Lansdown provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Hargreaves Lansdown may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Hargreaves Lansdown trading profitability.

How Hargreaves Lansdown Fees Compare Against Other Brokers

Hargreaves Lansdown Minimum Deposit

Hargreaves Lansdown requires a minimum deposit of 1 GBP/USD/EUR when opening an Hargreaves Lansdown trading account.

A minimum deposit is the minimum amount of money required by Hargreaves Lansdown to open a new online brokerage account with them.

Don't be scared off by brokers like Hargreaves Lansdown charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Hargreaves Lansdown, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Hargreaves Lansdown Withdrawal Fees

Hargreaves Lansdown doesn't charge withdrawal fees.

Hargreaves Lansdown Withdrawal rules may vary across different brokers when it comes to transferring funds from your Hargreaves Lansdown or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Hargreaves Lansdown may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Hargreaves Lansdown withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Hargreaves Lansdown. Researching and comparing Hargreaves Lansdown withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Hargreaves Lansdown funds frequently or dealing with large sums of money. Awareness of these Hargreaves Lansdown fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Hargreaves Lansdown funds.

For example, Hargreaves Lansdown allows you to withdraw your funds to Credit Cards, Debit Cards, VISA, MasterCard, Bank Transfers.

Hargreaves Lansdown Inactivity Fees

Hargreaves Lansdown does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Hargreaves Lansdown terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Hargreaves Lansdown fees and services. It's recommended that you check the Hargreaves Lansdown website before signing up. If you decide to close your Hargreaves Lansdown account, it's important to do so with the Hargreaves Lansdown broker customer support and obtain confirmation that no remaining Hargreaves Lansdown fees are due.

Brokers like Hargreaves Lansdown must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Hargreaves Lansdown Deposit Fees

Hargreaves Lansdown does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Hargreaves Lansdown Commission Fees

Hargreaves Lansdown does charge commission on CFD instruments.

Brokerage firms like Hargreaves Lansdown may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Hargreaves Lansdown trading account level held by the trader.

Hargreaves Lansdown may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Hargreaves Lansdown terms and conditions to understand the commission fees and any other charges that may apply is essential.

Hargreaves Lansdown review
Trading on Hargreaves Lansdown web platforms and other applications

Hargreaves Lansdown provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.

Hargreaves Lansdown also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Hargreaves Lansdown's platforms

Is the Hargreaves Lansdown Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Hargreaves Lansdown trading platform to protect you on PC and mobile Hargreaves Lansdown platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Hargreaves Lansdown web trading platforms.

Hargreaves Lansdown Trading Platform Options

Hargreaves Lansdown does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Hargreaves Lansdown offers its custom trading platform developed and tested in-house. The Hargreaves Lansdown trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.

The Hargreaves Lansdown platform allows traders to filter the financial marketplace for trade opportunities that match criteria.

With Hargreaves Lansdown, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Hargreaves Lansdown platform, including news and quotes. Discover possible trades with the strong charting tools found with Hargreaves Lansdown. Hargreaves Lansdown is available as downloadable applications or online through the cloud. Monitor your orders with Hargreaves Lansdown and receive breaking news in your positions.

Hargreaves Lansdown Trading benefits

• Hargreaves Lansdown Allows scalping
• Hargreaves Lansdown Allows hedging
• Hargreaves Lansdown Low min deposit
• Hargreaves Lansdown Offers Negative Balance Protection

Hargreaves Lansdown Trading Accounts Offered

Below we give an overview of the account types that Hargreaves Lansdown offer. Whatever you are looking to trade, the varying Hargreaves Lansdown account types will be able to provide you with what you need.

• Hargreaves Lansdown Demo account

Can I try Hargreaves Lansdown?

Hargreaves Lansdown provides a demo account that enables individuals to explore trading before investing their funds. By creating a Hargreaves Lansdown practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Hargreaves Lansdown demo account can help individuals to make informed decisions before investing their money.

Open a demo Hargreaves Lansdown account to practice and trade.

Losses can exceed deposits

Hargreaves Lansdown withdrawal and funding methods

It's essential to remember that the payment methods provided by Hargreaves Lansdown vary based on the Hargreaves Lansdown entity and the Hargreaves Lansdown client's country of residence. To view the Hargreaves Lansdown payment options available, you can log into your Hargreaves Lansdown member's area.

Hargreaves Lansdown offers various funding payment methods listed in your Hargreaves Lansdown dashboard if available in your region. To learn more about the Hargreaves Lansdown funding and withdrawal options available in your area, you can explore the Hargreaves Lansdown website.

Hargreaves Lansdown provides several payment methods for funding your Hargreaves Lansdown account. You may utilize any of these deposit options if they are available in your region. Hargreaves Lansdown ensures that users have multiple payment methods to choose from, making it more convenient for verified Hargreaves Lansdown account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Hargreaves Lansdown user's location. learn more about Hargreaves Lansdown funding and withdrawal methods.

Hargreaves Lansdown Payment Methods

Some Hargreaves Lansdown payment methods are local and are available only to specific regions. Hargreaves Lansdown account holders should check which payment methods are provided in your region.

• Hargreaves Lansdown accepts Credit Cards
• Hargreaves Lansdown accepts Debit Cards
• Hargreaves Lansdown accepts VISA
• Hargreaves Lansdown accepts MasterCard
• Hargreaves Lansdown accepts Bank Transfers

How can I start trading with Hargreaves Lansdown?

To open a trading account with Hargreaves Lansdown, individuals can sign up on the Hargreaves Lansdown website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Hargreaves Lansdown account validation and making a deposit. Once completed, Hargreaves Lansdown users can download the trading platform of their choice.

It's important to note that Hargreaves Lansdown requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Hargreaves Lansdown maintain a trustworthy financial environment for its 1,700,000 users. Detailed information on the Hargreaves Lansdown trading platforms is available on their website.

Losses can exceed deposits

Performing trades with Hargreaves Lansdown

When using Hargreaves Lansdown, the minimum trade size is typically £1 units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Hargreaves Lansdown have a max trade of Variable.

Hargreaves Lansdown, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Hargreaves Lansdown can be useful for traders starting or with limited capital.

Like other brokers, Hargreaves Lansdown margin requirements can differ depending on the traded instrument.

CFD Trading on Hargreaves Lansdown

We will show you an example of the basics of using Hargreaves Lansdown leverage.

CFD trading on Hargreaves Lansdown allows traders to speculate on the price movements of various financial instruments against the broker Hargreaves Lansdown, without actually owning real assets. With CFDs, Hargreaves Lansdown traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

Hargreaves Lansdown provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, Hargreaves Lansdown leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Hargreaves Lansdown trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Hargreaves Lansdown leverage magnifies both profits and losses in trading.

Trading CFD trades on the Hargreaves Lansdown platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced Hargreaves Lansdown traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Limiting Your Risk When Trading with Hargreaves Lansdown Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like Hargreaves Lansdown. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Hargreaves Lansdown trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Hargreaves Lansdown trading losses are always limited to the current balance of funds in the trader's account.

Even if an Hargreaves Lansdown trader experiences a significant loss, they will never owe more money than what is available in their Hargreaves Lansdown account balance.

It's important for Hargreaves Lansdown traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Hargreaves Lansdown losses are limited to the funds available in your Hargreaves Lansdown account when negative balance protection is in place.

Education Resources at Hargreaves Lansdown

Hargreaves Lansdown offer educational resources which include Podcast, Blogs, Articles, Guides and tools. Please bear in mind that these resources provided by Hargreaves Lansdown do not guarantee any results when trading. When we checked on the Hargreaves Lansdown website, these educational resources were not available in every language. Also some financial instruments mentioned in any Hargreaves Lansdown educational resources may not be available in your region.

To trade effectively with Hargreaves Lansdown, it's important to have a good understanding of the Hargreaves Lansdown trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Hargreaves Lansdown and externally.

Hargreaves Lansdown . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Hargreaves Lansdown. Familiarizing yourself with the Hargreaves Lansdown trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Hargreaves Lansdown. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Hargreaves Lansdown involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Hargreaves Lansdown, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Hargreaves Lansdown. Explore the Hargreaves Lansdown platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Hargreaves Lansdown, before live trading.

Customer Support at Hargreaves Lansdown

As part of our Hargreaves Lansdown review, we review customer service options, response times and problem resolution effectiveness on the Hargreaves Lansdown trading platform. The Hargreaves Lansdown trading platform supports multiple languages, which includes English, French, German, Spanish, Portuguese.

Hargreaves Lansdown Available Support Types

Hargreaves Lansdown have a B grade support rating because sometimes the response was slow or they didn't answer our query. Hargreaves Lansdown offer

Livechat Support at Hargreaves Lansdown

Hargreaves Lansdown does not offer LiveChat Support.

Email Support at Hargreaves Lansdown

Hargreaves Lansdown does not offer Email Support.

Phone Support at Hargreaves Lansdown

Hargreaves Lansdown does not offer Phone Support.

See how Hargreaves Lansdown Support Compares Against Other Brokers

What you will need to open an account with Hargreaves Lansdown

As Hargreaves Lansdown is regulated by FCA (Financial Conduct Authority) (115248).

As a new client of Hargreaves Lansdown, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Hargreaves Lansdown in your region. During the Hargreaves Lansdown account opening process, you will be asked to provide Hargreaves Lansdown with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Hargreaves Lansdown have the following documents available.

• Hargreaves Lansdown require a scanned colour copy of your passport, driver's license or national ID card.
• A recent utility bill or bank statement that confirms your residential address for Hargreaves Lansdown compliance. This must be dated within the last six months.
• If you plan to fund your Hargreaves Lansdown account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Hargreaves Lansdown platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Hargreaves Lansdown Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Hargreaves Lansdown's platform.

However, remember that you won't be able to make trades on Hargreaves Lansdown until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Hargreaves Lansdown KYC compliance process as soon as possible to avoid any delays in accessing the Hargreaves Lansdown platform's features.

It is important to note that Hargreaves Lansdown may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Hargreaves Lansdown platform and features immediately. However, you must pass the verification process to start live trading with Hargreaves Lansdown, which can take up to a few business days.

To start the process of opening an account with Hargreaves Lansdown you can visit the Hargreaves Lansdown trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.hlmarkets.co.uk/ on November 18, 2024.

Watch this Hargreaves Lansdown Explainer Video

Hargreaves Lansdown review written by Andrew Blumer and Mark Hansen