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Side-by-Side Comparison Independent Updated Oct 2, 2026

Freetrade vs Hargreaves Lansdown 2026: Which Broker is Better?

In the realm of UK-based investment platforms, Freetrade and Hargreaves Lansdown offer distinct options for traders with varying needs. Freetrade, founded in 2016, appeals to cost-conscious investors seeking commission-free stock trading through a streamlined mobile app, but is limited by its UK-centric market access and basic tools. In contrast, Hargreaves Lansdown, with over 40 years of experience, caters to those who value comprehensive research tools and a robust investment platform, albeit at a higher cost per trade. While both brokers lack forex, CFD, and crypto trading, Freetrade is ideal for beginners and casual investors, whereas Hargreaves Lansdown suits long-term investors prioritising extensive resources and reliability.

Freetrade

Hargreaves Lansdown

Higher ratedFreetrade logo

Freetrade

3.0/ 5
Visit Freetrade →Full review
VS
FreetradeHargreaves Lansdown
BrokerRank Score3.0/5 ✓2.8/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:11:1
RegulationFCAFCA
PlatformsProprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
FreetradeHargreaves Lansdown
Best for Low Fees
FreetradeHargreaves Lansdown
Best for Regulation
FreetradeHargreaves Lansdown
Best Overall
FreetradeHargreaves Lansdown
Quick Answer

Freetrade is the better choice overall, scoring 3.0/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).

See full side-by-side comparison below

Freetrade vs Hargreaves Lansdown: Key Differences

Feature

Freetrade

Winner

Hargreaves Lansdown

Our Rating
3.0 / 5
2.8 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$11.95/lot
Regulated By
Platforms
Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf
Stocks, Indices
Founded
2016
1981
Headquarters
London, UK
Bristol, UK
Score
2 / 2
0 / 2

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Fees Comparison

Fee

Freetrade

Lower fees

Hargreaves Lansdown

Spread From
0 pips
0 pips
Commission
None
$11.95/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Freetrade is the better option due to its user-friendly mobile app and commission-free trading structure, allowing newcomers to invest without incurring high costs. Professional traders may find Hargreaves Lansdown more appealing due to its robust research tools and comprehensive investment options, despite the higher commission fees. In terms of fees, Freetrade decisively wins with its commission-free structure, making it more cost-effective for investors looking to minimise trading expenses.

Who Should Choose Which?

Freetrade

Freetrade

3.0/5

Top pick

Choose Freetrade if you want…

  • Higher overall rating (3.0/5)
  • No per-trade commission
Hargreaves Lansdown

Hargreaves Lansdown

2.8/5

Choose Hargreaves Lansdown if you want…

  • More established (est. 1981)
  • More platforms (2 supported)

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Both Freetrade & Hargreaves Lansdown are available in

Frequently Asked Questions

1

Is Freetrade better than Hargreaves Lansdown?

Freetrade scores higher overall on our independent rating system. Freetrade holds a 3.0/5 rating vs Hargreaves Lansdown's 2.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Freetrade or Hargreaves Lansdown?

Freetrade offers spreads from 0 pips, while Hargreaves Lansdown starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Freetrade vs Hargreaves Lansdown?

Freetrade requires a minimum deposit of $0. Hargreaves Lansdown requires $0.

4

Which broker is safer, Freetrade or Hargreaves Lansdown?

Freetrade is regulated by FCA, while Hargreaves Lansdown holds licences from FCA.

5

What trading platforms do Freetrade and Hargreaves Lansdown support?

Freetrade supports Proprietary Mobile. Hargreaves Lansdown supports Proprietary Web, Proprietary Mobile.

6

Can I use both Freetrade and Hargreaves Lansdown?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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