Founded in 1981 and headquartered in Bristol, Hargreaves Lansdown is a UK-based broker that offers online trading services in a diverse range of financial products trading on 20 international exchange, with top-quality market research and user-friendly mobile trading applications. They have over 1 million clients and billions of assets under their management. However, they do not offer forex, CFD, or crypto trading and don’t seem to have enough educational resources.
Hargreaves Lansdown Review Introduction
In this Hargreaves Lansdown review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare brokers including Hargreaves Lansdown.
Hargreaves Lansdown Platforms & Tools
The broker provides free mobile trading apps that are compatible with Android and iOS devices. Hargreaves Lansdown’s trading apps are user friendly, contain a selection of market research tools, and have intuitive interfaces for quality trading experience. The apps have fingerprint and Face login functionalities, and traders can easily log in and trade on the go.
Hargreaves Lansdown Research & Education
Hargreaves Lansdown provides clients with market research tools to assist them in finding investment opportunities and making quicker trading decisions. The broker also offers a few guides, but generally, there are not enough education resources on this broker’s website. It would be great if they can add more resources.
Hargreaves Lansdown Trading Accounts
The broker offers different account types to suits different traders’ goals. Trading fees vary from £5.95 to £11.95. Most of the accounts types fall under these categories:
- Stocks and Shares ISA: For UK residents, with a minimum of £100 and a maximum of £20,000
- Fund and Share Account: A flexible dealing account for UK and EAA residents, including individuals, companies, investment clubs, trusts and charities
- Savings and Trust Accounts: There’s a variety of savings and trust accounts
Hargreaves Lansdown Account Funding
Hargreaves Lansdown accepts wire transfers and debit cards. Wire transfer may take a few business days to be processed, while debit card payments are very fast. Transaction charges depend on the method of payment used. The broker does not accept online payment processors, such as PayPal, Neteller, or Skrill.
Hargreaves Lansdown Customer Service
Hargreaves Lansdown’s customer support team can be reached through the phone or email. They have an investment helpdesk, which is available Monday to Thursday: 8am -7pm, Friday: 8am-6pm and Saturday: 8am-9pm, and a dealing desk that is available Monday-Friday: 8am-9pm. You can also visit their office in Bristol.
Hargreaves Lansdown Regulation
The Hargreaves Lansdown brand is authorized and regulated by the Financial Conduct Authority (FCA), and the company abides by the rules and regulations in the conduct of their business. Hargreaves Lansdown operates a number of subsidiaries, each of which has a specific authorization from the FCA — Hargreaves Lansdown Asset Management Limited is authorized by the FCA to hold client’s money and assets, while Hargreaves Lansdown Funds Managers Limited is authorized by the FCA to manage Authorized Investment Funds (AIFs) and Undertakings for Collective Investment in Transferable Securities (UCITS).
Furthermore, Hargreaves Lansdown is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 — an index of the top 100 companies on LSE.
Hargreaves Lansdown Review Summary
Hargreaves Lansdown is a well-recognized broker in the UK. The broker is strictly regulated by the FCA, and they offer a range of tradable assets via their mobile trading apps. However, their trading fees aren’t the cheapest, and they don’t offer forex, CFD, or cryptocurrency trading.
It is worth mentioning that some of the trading products and services in this Hargreaves Lansdown review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Hargreaves Lansdown broker website which you can visit by using the link below.
Trading complex instruments can come with a high risk. You should consider whether you understand how investments and trading work and whether you can afford to take the high risk of losing all of your money.