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

Hargreaves Lansdown vs Interactive Brokers 2026: Which Broker is Better?

When comparing Hargreaves Lansdown and Interactive Brokers, the key distinction lies in their target audiences and market reach. Hargreaves Lansdown, with a 2.79/5 rating, primarily services UK investors seeking comprehensive investment options like Stocks and Shares ISAs and SIPPs, but its higher trading fees and UK focus may deter active traders. In contrast, Interactive Brokers, rated 4.43/5, appeals to professional traders looking for low commissions and access to over 150 markets globally, though its complex platform may not suit beginners. Each broker offers distinct advantages depending on whether one prioritises a UK-centric investment platform or a global, cost-effective trading solution.

Hargreaves Lansdown

Interactive Brokers

Higher ratedInteractive Brokers logo

Interactive Brokers

4.4/ 5
Visit Interactive Brokers →Full review
VS
Hargreaves LansdownInteractive Brokers
BrokerRank Score2.8/54.4/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.2 pips
Max Leverage1:11:4 ✓
RegulationFCASEC, CFTC, FCA ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Hargreaves LansdownInteractive Brokers
Best for Low Fees
Hargreaves LansdownInteractive Brokers
Best for Regulation
Interactive BrokersHargreaves Lansdown
Best Overall
Interactive BrokersHargreaves Lansdown
Quick Answer

Interactive Brokers is the better choice overall, scoring 4.4/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Hargreaves Lansdown offers lower spreads (0 pips).

See full side-by-side comparison below

Hargreaves Lansdown vs Interactive Brokers: Key Differences

Feature

Hargreaves Lansdown

Interactive Brokers

Winner
Our Rating
2.8 / 5
4.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$11.95/lot
$0.005/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices
Stocks, Forex, Cfd, Indices, Commodities
Founded
1981
1978
Headquarters
Bristol, UK
Greenwich, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

Hargreaves Lansdown

Interactive Brokers

Spread From
0 pips
0.2 pips
Commission
$11.95/lot
$0.005/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Hargreaves Lansdown is the preferable choice due to its user-friendly mobile app, excellent research tools, and comprehensive investment options like Stocks and Shares ISA. On the other hand, Interactive Brokers stands out for professional traders, offering access to over 150 markets globally, advanced tools, and very low commissions. When it comes to fees, Interactive Brokers clearly wins, providing significantly lower commissions compared to Hargreaves Lansdown's higher share dealing charges.

Who Should Choose Which?

Hargreaves Lansdown

Hargreaves Lansdown

2.8/5

Choose Hargreaves Lansdown if you want…

  • Tighter spreads (from 0 pips)
Interactive Brokers

Interactive Brokers

4.4/5

Top pick

Choose Interactive Brokers if you want…

  • Higher overall rating (4.4/5)
  • Higher leverage (up to 1:4)
  • More regulatory licences (5)
  • More market types (5)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Hargreaves Lansdown & Interactive Brokers are available in

Frequently Asked Questions

1

Is Hargreaves Lansdown better than Interactive Brokers?

Interactive Brokers scores higher overall on our independent rating system. Hargreaves Lansdown holds a 2.8/5 rating vs Interactive Brokers's 4.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Hargreaves Lansdown or Interactive Brokers?

Hargreaves Lansdown offers spreads from 0 pips, while Interactive Brokers starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Hargreaves Lansdown vs Interactive Brokers?

Hargreaves Lansdown requires a minimum deposit of $0. Interactive Brokers requires $0.

4

Which broker is safer, Hargreaves Lansdown or Interactive Brokers?

Hargreaves Lansdown is regulated by FCA, while Interactive Brokers holds licences from SEC, CFTC, FCA, MAS, ASIC.

5

What trading platforms do Hargreaves Lansdown and Interactive Brokers support?

Hargreaves Lansdown supports Proprietary Web, Proprietary Mobile. Interactive Brokers supports Proprietary Web, Proprietary Mobile.

6

Can I use both Hargreaves Lansdown and Interactive Brokers?

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

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