Higher Rated
Wealthsimple
Capital at risk · T&Cs apply
In the realm of brokerages, Hargreaves Lansdown and Wealthsimple cater to distinct investor needs and preferences. Hargreaves Lansdown, the UK's largest investment platform, appeals to investors seeking comprehensive research tools and a variety of tax-efficient accounts, albeit with higher trading fees and a UK-focused market offering. In contrast, Wealthsimple attracts Canadian and US investors with its commission-free trading and integrated crypto options, though it lacks the broader market access and extensive tools Hargreaves Lansdown offers. Ultimately, Hargreaves Lansdown suits those valuing in-depth market analysis within the UK, while Wealthsimple is ideal for cost-conscious investors prioritising simplicity and access to North American markets.
Hargreaves Lansdown
Wealthsimple
| Hargreaves Lansdown | Wealthsimple | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 3.2/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:1 |
| Regulation | FCA | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Wealthsimple is the better choice overall, scoring 3.2/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Hargreaves Lansdown offers lower spreads (0 pips).
See full side-by-side comparison belowHargreaves Lansdown
Wealthsimple
WinnerHargreaves Lansdown
Wealthsimple
Lower feesHargreaves Lansdown
2.8/5
Choose Hargreaves Lansdown if you want…
Wealthsimple
3.2/5
Choose Wealthsimple if you want…
Wealthsimple scores higher overall on our independent rating system. Hargreaves Lansdown holds a 2.8/5 rating vs Wealthsimple's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Hargreaves Lansdown offers spreads from 0 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
Hargreaves Lansdown requires a minimum deposit of $0. Wealthsimple requires $0.
Hargreaves Lansdown is regulated by FCA, while Wealthsimple holds licences from SEC.
Hargreaves Lansdown supports Proprietary Web, Proprietary Mobile. Wealthsimple supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.