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

Hargreaves Lansdown vs Spreadex 2026: Which Broker is Better?

In comparing Hargreaves Lansdown and Spreadex, key differences emerge in their market offerings and target clientele. Hargreaves Lansdown, with its focus on stocks and investment products like ISAs and SIPPs, appeals primarily to long-term investors seeking a robust, UK-centric platform with comprehensive research tools. In contrast, Spreadex caters to traders interested in spread betting and CFDs, offering lower costs and higher leverage, making it more suitable for those who favour active trading strategies across various markets, including forex and commodities. Both brokers are FCA-regulated, ensuring a high standard of safety and customer protection.

Hargreaves Lansdown

Spreadex

Higher ratedSpreadex logo

Spreadex

3.4/ 5
Visit Spreadex →Full review
VS
Hargreaves LansdownSpreadex
BrokerRank Score2.8/53.4/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.6 pips
Max Leverage1:11:200 ✓
RegulationFCAFCA
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Hargreaves LansdownSpreadex
Best for Low Fees
Hargreaves LansdownSpreadex
Best for Regulation
Hargreaves LansdownSpreadex
Best Overall
SpreadexHargreaves Lansdown
Quick Answer

Spreadex is the better choice overall, scoring 3.4/5 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 Spreadex: Key Differences

Feature

Hargreaves Lansdown

Spreadex

Winner
Our Rating
2.8 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$11.95/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices
Cfd, Forex, Stocks, Indices, Commodities
Founded
1981
1999
Headquarters
Bristol, UK
St Albans, UK
Score
1 / 3
2 / 3

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Fees Comparison

Fee

Hargreaves Lansdown

Spreadex

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

BrokerRank Verdict

For beginners, Hargreaves Lansdown is the preferable choice due to its extensive educational resources, robust research tools, and user-friendly mobile app, despite its higher fees. Professional traders may find Spreadex more appealing, given its broader market offerings, including CFDs and forex, and higher leverage options up to 1:200. When it comes to fees, Spreadex is the clear winner with zero commission and competitive spreads starting from 0.6 pips, making it a cost-effective option for frequent traders.

Who Should Choose Which?

Hargreaves Lansdown

Hargreaves Lansdown

2.8/5

Choose Hargreaves Lansdown if you want…

  • Tighter spreads (from 0 pips)
  • More established (est. 1981)
Spreadex

Spreadex

3.4/5

Top pick

Choose Spreadex if you want…

  • Higher overall rating (3.4/5)
  • No per-trade commission
  • Higher leverage (up to 1:200)
  • More market types (5)

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Both Hargreaves Lansdown & Spreadex are available in

Frequently Asked Questions

1

Is Hargreaves Lansdown better than Spreadex?

Spreadex scores higher overall on our independent rating system. Hargreaves Lansdown holds a 2.8/5 rating vs Spreadex's 3.4/5. 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 Spreadex?

Hargreaves Lansdown offers spreads from 0 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Hargreaves Lansdown vs Spreadex?

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

4

Which broker is safer, Hargreaves Lansdown or Spreadex?

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

5

What trading platforms do Hargreaves Lansdown and Spreadex support?

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

6

Can I use both Hargreaves Lansdown and Spreadex?

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

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