Hargreaves Lansdown vs Spreadex - BrokerCue
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Broker Comparison

Hargreaves Lansdown vs Spreadex

Compare Hargreaves Lansdown and Spreadex side by side: fees, regulation, platforms.

Hargreaves Lansdown

Hargreaves Lansdown

UK long-term ISA and SIPP investors

Hargreaves Lansdown is the UK's largest retail investment platform, offering ISAs, SIPPs, funds, shares, ETFsโ€ฆ

VS
Spreadex

Spreadex

Leveraged spread betting and CFD traders

Spreadex is a UK-based broker founded in 1999 offering spread betting, CFDs and options on shares, indices, fโ€ฆ

Head-to-head comparison

Hargreaves Lansdown vs Spreadex
Feature Hargreaves Lansdown Spreadex
Minimum deposit - -
Stock trading fee ยฃ6.95 per online trade (0-19 trades/month); ยฃ3.95 per trade (20+ trades/month); ยฃ29 by phone; free via monthly Direct Debit regular investing -
Regulators FCA FCA
Best for UK long-term ISA and SIPP investors Leveraged spread betting and CFD traders
Markets & account
Stocks
ETFs
Forex
-
CFDs
-
Crypto
-
Bonds
Options
-
Funds
-
Ready Made Portfolios
-
Isa
-
Sipp
-
Investment Plans
-
Money Market Funds
-
Margin
-
Spread Betting
-

Pros & cons

Hargreaves Lansdown

Hargreaves Lansdown

Pros

  • UK's largest retail investment platform with over 2 million clients
  • Wide product range: funds, shares, ETFs, bonds, gilts, investment trusts, VCTs
  • ISA, SIPP, Lifetime ISA, Junior ISA, and Junior SIPP accounts available
  • No inactivity or withdrawal fees
  • Free monthly Direct Debit regular investing for both shares and funds
  • Extensive research tools, analyst ratings, and educational content
  • Segregated client funds and FSCS protection up to ยฃ85,000
  • No account charge for Junior ISA holders

Cons

  • No demo account available
  • Share dealing fee of ยฃ6.95 is higher than several UK competitors
  • Fund annual charge is uncapped for smaller portfolios and can be expensive at scale
  • New ยฃ1.95 fund dealing fee introduced from March 2026 where trades were previously free
  • Annual share charge cap raised to ยฃ150 per year per account from ยฃ45
  • FX conversion fees apply on all overseas share trades
  • No CFDs, forex, crypto, or spread betting products
Spreadex

Spreadex

Pros

  • EUR/USD spreads start from 0.6 pts
  • UK 100 and Germany 40 spreads start from 1pt
  • Gold spreads start from 0.3 pts
  • Free price alerts by text, push or email
  • TradingView access alongside the Spreadex platform
  • Advanced charts include over 10 years of price history
  • Out-of-hours trading is available on select shares

Cons

  • 61% of retail investor accounts lose money on spread bets and CFDs
  • Retail clients cannot trade cryptocurrencies
  • Professional clients waive negative balance protection
  • Spreadex Pro requires an existing standard spread betting or CFD account
  • Professional cryptocurrency margin is 18%
  • Shares are traded through spread betting or CFD products
Hargreaves Lansdown

Hargreaves Lansdown

Hargreaves Lansdown is the UK's largest retail investment platform, offering ISAs, SIPPs, funds, shares, ETFs and ready-made portfolios to over 2 million clients.

Your capital is at risk. Other fees apply.

Spreadex

Spreadex

Spreadex is a UK-based broker founded in 1999 offering spread betting, CFDs and options on shares, indices, forex and commodities, with TradingView and mobile apps.

Your capital is at risk. Other fees apply.

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