Hargreaves Lansdown Guide – Read our In-Depth Hargreaves Lansdown Review
This Hargreaves Lansdown review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Hargreaves Lansdown review does not apply to US users.
If you are a new entrant in the world of trading and broker, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You'll get adept at all the concepts of brokerage since you keep trading. For starters, you need to select the right agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program will create hefty returns. Hargreaves Lansdown is just one such platform which will take you along with your investment into great heights. It is crucial that you know all about Hargreaves Lansdown until you trust them with your money.
Our full Hargreaves Lansdown Review covers all you will need to know about trading with Hargreaves Lansdown. A good broker can multiply your initial investments and give you positive profits. If you want to make profits, you must trade with a broker service that aligns with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
Hargreaves Lansdown is a broker which has paved its way successfully to the broker world. In this review, we have attempted to collate a number of the important aspects of Hargreaves Lansdown. This review will help you to understand whether Hargreaves Lansdown is a fantastic match for your investments or not. We have tried to breakdown all of the features and fees for your convenience.
Hargreaves Lansdown Review, Table Of Contents
- Who are Hargreaves Lansdown?
- Benefits Of Trading With Hargreaves Lansdown
- Everything you should know about trading with Hargreaves Lansdown
- Is Hargreaves Lansdown Safe To Trade With?
- Pro's & Con's Of Trading With Hargreaves Lansdown?
- Compare Brokers Similar To Hargreaves Lansdown
- Regulation And Licencing In More Detail
- Hargreaves Lansdown Awards
- Minimum Deposit Required For A Live Account With Hargreaves Lansdown
- Hargreaves Lansdown Commission And Fees Explained
- Compare broker fees against Hargreaves Lansdown
- Hargreaves Lansdown Withdrawal Fees Explained
- Hargreaves Lansdown Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Hargreaves Lansdown?
- Alternatives To Hargreaves Lansdown
- Frequently Asked Questions About Hargreaves Lansdown
Who are Hargreaves Lansdown?
Hargreaves Lansdown is a foreign exchange broker headquartered in UK and provides a variety of tools for trading. Since its establishment in 1981, Hargreaves Lansdown has emerged as a top player in the industry of online brokerage. Hargreaves Lansdown has an extremely aggressive and full-featured trading website that's focused on currency, indices, metals, stocks , commodities.
Over the past 40 years, Hargreaves Lansdown has grown into one of the leading online brokers.
After establishing in 1981, their consumer base is becoming as big as 10,000+ clients.
Hargreaves Lansdown is a favorite for many dealers.. Our Hargreaves Lansdown review discovered that they are an superb choice for automated trading solutions. They're best suited for investors that are looking for an assortment of assets. Social and automated trading options are the heart at Hargreaves Lansdown.
Technology plays a significant role in Hargreaves Lansdown. Hargreaves Lansdown features trading on Web Trader, Tablet & Mobile apps. Hargreaves Lansdown is fair, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The trader resource department at Hargreaves Lansdown is very enlightening for new traders since it allows them to get a closer look at the financial markets. Hargreaves Lansdown caters to all types of traders and are a must-have broker for any well-diversified approach to trading.
If you feel that Hargreaves Lansdown is not right for you then at the bottom of this Hargreaves Lansdown review you wil find a lot of alternatives to Hargreaves Lansdown.
What you ought to know about trading using Hargreaves Lansdown
Hargreaves Lansdown is a lively platform that provides various methods of trading online. These tools cover the financial markets considerably. The Majority of the brokerage platforms provide fewer methods than Hargreaves Lansdown
If you wish to trade with Hargreaves Lansdown, you will need a minimum deposit of $200. This deposit is compulsory if you would like to begin trading using Hargreaves Lansdown. This 2021 Hargreaves Lansdown review will direct you easily about trading with them.
Hargreaves Lansdown is as versatile as another broker platform. Hargreaves Lansdown is great for traders that want a manageable variety of cheap services. The programs supplied by Hargreaves Lansdown are third party, white-label offerings. All traders may pick out of Web Trader, Tablet & Mobile apps.
Together with everything, Hargreaves Lansdown has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction has to be kept available. The agents provide premium client service which rewards clients with advantages.
Many unethical brokers try to pressurise consumers into larger financing for superior services. Hargreaves Lansdown, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the greater advantages will become available.
Hargreaves Lansdown accounts are available globally and provides outstanding service wherever they have customers. There are only a select few countries where Hargreaves Lansdown accounts are not available. Traders in the following countries cannot open or use a Hargreaves Lansdown account:
Is Hargreaves Lansdown Safe To Trade With?
Launched in 1981, Hargreaves Lansdown has been operating for 40 years, they have a head office in UK.
Hargreaves Lansdown is regulated by Financial Conduct Authority (FCA). These bodies have rules that make sure that trading platforms have measures in place to maintain investor's resources procured. This means that Hargreaves Lansdown users do not need to worry about their money as it's segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information as well.
You are able to make use of a choice for Two Factor Authentications (2FA) with Hargreaves Lansdown for heightened safety. An SMS with the confirmation code will be sent to a mobile phone. You'll be required to input this code to log into your account.
Another concern with financial brokers is in respect to safety might be manipulation of trading. This is highly disadvantageous to users on these platforms. Nonetheless, this is much more prevalent in the case of Market Maker brokers who compete with users on the platform.
Pro's & Con's Of Trading With Hargreaves Lansdown
Every online trading platform has some ups and downs, and no Hargreaves Lansdown review would be complete without having a balanced approach. This Hargreaves Lansdown review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Hargreaves Lansdown Pro's
- Hargreaves Lansdown is trusted by 10,000+ clients
- Hargreaves Lansdown doesn't charge CFD fees
- Hargreaves Lansdown offer trading on Web Trader, Tablet & Mobile apps
- Hargreaves Lansdown offer 100 trading instruments
- Hargreaves Lansdown trades major forex pairs
- Hargreaves Lansdown offers trading on cryptocurrencies
- Hargreaves Lansdown can communicate in
Hargreaves Lansdown Con's
- Hargreaves Lansdown does not offer Negative Balance Protection
- Hargreaves Lansdown does not offer Guaranteed Stop Loss
- Hargreaves Lansdown charge withdrawal fees
- Hargreaves Lansdown charge inactivity fees
- Hargreaves Lansdown charge deposit fees
- Hargreaves Lansdown doesn't trade minor forex pairs
- Hargreaves Lansdown doesn't trade exotic forex pairs
Hargreaves Lansdown Review - Compare Brokers Similar To Hargreaves Lansdown
|Hargreaves Lansdown||Ustocktrade||Advanced Global Markets||ForexTB|
|Regulated By||Financial Conduct Authority (FCA)||Securities and Exchange Commission (SEC)||Cyprus Securities and Exchange Commission (CySEC)||Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Your capital is at risk||Your capital is at risk||CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor|
Hargreaves Lansdown Review - Regulation And Licencing In More Detail
Hargreaves Lansdown is regulated by Financial Conduct Authority (FCA).
Hargreaves Lansdown, as a business, has a powerful collection of rules for ensuring fair trading on its own platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Hargreaves Lansdown Review - Awards
- At the time of writing this Hargreaves Lansdown review, they had not received any awards.
Hargreaves Lansdown Review - Minimum Deposit Required
The minimum deposit you must deposit to begin on Hargreaves Lansdown is $200. This is a decent amount for people just starting out. You can make more advanced residue as you cooperate. However, make certain you understand how to make the most of your cash before investing in larger sums.
Hargreaves Lansdown Review - Commission And Fees Explained
Hargreaves Lansdown is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the amount of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of fees for this purpose.
The first sort of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these instances, you are spending a spread, financing rate, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people who are billed when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, Hargreaves Lansdown does not charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often trade, such as daily or weekly trading.
But, non-trading fees charged by Hargreaves Lansdown are comparatively lower. As a result, you are billed more for non-trading actions in your trading account, like withdrawal and deposits. These are not about the purchase and sale of assets.
This Hargreaves Lansdown review breaks down each of the relevant non-trading fees for you in detail.
Compare broker fees against Hargreaves Lansdown
|Hargreaves Lansdown||Ustocktrade||Advanced Global Markets||ForexTB|
|CFD Fees||Yes (0.1%)||Yes|
Hargreaves Lansdown Review - Withdrawal Fees Explained
Hargreaves Lansdown charges a withdrawal fee when you make a bank transfer. Each time you transfer money into your bank account, these withdrawal charges become important.
Withdrawal of money is possible at any moment from the Hargreaves Lansdown account. You can withdraw up sums to the amount of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always need to have any money in your account.
Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash will be sent into the card. Hargreaves Lansdown will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you're opting to draw in.
Hargreaves Lansdown Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your head when open an account with Hargreaves Lansdown. An inactivity fee is an amount charged to registered traders that haven't participated in buying or selling for some time. The period regarded as inactive is determined by the broker.
The inactivity fee also differs from one broker to another and isn't standardized. If a dealers account doesn't have a buying or selling transaction, it is claimed by the agent as an inactivity fee. The traders have to pay this fee under terms and conditions that they had consented while enrolling.
Hargreaves Lansdown charges an inactivity fee when you don't make any trades for a while.
Even if no fees have been implied by Hargreaves Lansdown, it is better for you to close the account if you are inactive. Inactivity fees are not just charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is exposed to many circumstances and needs to be revealed clearly by the agent beforehand.
Hargreaves Lansdown Review - Deposit Fees Explained
When you move money into your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers do not charge an excessive amount of money for this operation.
Hargreaves Lansdown charges a deposit fee for transferring money into your trading account.
Depositing cash on the Hargreaves Lansdown trading platform is easy. You just need to finish a single-user profile survey to start depositing money into your trading account. You will have to give an identity proof and evidence of residency to deposit substantial amounts.
Hargreaves Lansdown Review - Compare Broker Deposit Methods
|Hargreaves Lansdown||Ustocktrade||Advanced Global Markets||ForexTB|
What Can You trade With Hargreaves Lansdown?
Note: Hargreaves Lansdown provides a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered can differ based on the country of residence of the client.
Hargreaves Lansdown has a wide variety of over 100 instruments available for you to trade with.
If trading forex pairs is of interest to you then Hargreaves Lansdown offer over 15 forex pairs.
Compare Hargreaves Lansdown, Ustocktrade, Advanced Global Markets & ForexTB below.
Alternatives To Hargreaves Lansdown
If, after studying this Hargreaves Lansdown review, Hargreaves Lansdown does not quite meet your requirements check out these Hargreaves Lansdown alternatives.
We have scoured the internet to find the best alternatives to Hargreaves Lansdown. Click the links below to find out more.
Frequently Asked Questions about Hargreaves Lansdown
Can I try Hargreaves Lansdown before I buy?
Yes, you can most definitely try Hargreaves Lansdown before you buy. Hargreaves Lansdown offers demo accounts for the ease of new traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you sign up to get a demo account on Hargreaves Lansdown, you will set out with a decent amount of virtual currency. It's to establish a sense of security and confidence in you before you choose to invest your own money.
With this virtual Hargreaves Lansdowndemo account, you are able to experiment at all, to whatever period you desire. You can also open positions, test different trading strategies, and much more.
Hargreaves Lansdown specifies on its official site that you are able to trade real time stocks with your demo account.
Is Hargreaves Lansdown safe?
It is possible to drop all your worries because we believe that Hargreaves Lansdown is completely safe to use. It is in compliance with all the rules of Financial Conduct Authority (FCA).
Nevertheless, Hargreaves Lansdown does not provide assured stop-loss protection.
Why does Hargreaves Lansdown ask for my passport?
The reason that Hargreaves Lansdown asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Hargreaves Lansdown has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Hargreaves Lansdown must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Hargreaves Lansdown?
The process to start trading withHargreaves Lansdown is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Hargreaves Lansdown website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Hargreaves Lansdown is $200. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Hargreaves Lansdown.
The best way to kickstart your trading career with Hargreaves Lansdown is to open a demo account facility before risking any real money
What funding methods do Hargreaves Lansdown accept?
There are a number of ways to fund your accounts with Hargreaves Lansdown. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal isn't available in every place. The currencies Hargreaves Lansdown
Is my money safe with Hargreaves Lansdown?
Yes, your money is safe and secure with Hargreaves Lansdown. As you know, Hargreaves Lansdown works with good conformation to. It's established lots of steps to protect all its own investors.
Hargreaves Lansdown safeguards its clients' private and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you wish to further protect your accounts, it is possible to empower Two-Step Verification also. It takes an SMS confirmation for you to access your accounts.
Is Hargreaves Lansdown trading good?
Yes, trading through Hargreaves Lansdown is a nice and good experience indeed. It is a great and intuitive platform with helpful features for your ease. Moreover, you could even gain access to a huge collection of educational resources and assistive material to kickstart your trading experience.
If you remain skeptical, it is possible to start a eToro demo account and evaluate the credibility of the platform for yourself.
Which Countries does Hargreaves Lansdown support?
Hargreaves Lansdown operates around the globe. However, due to regulations there are some countries that Hargreaves Lansdown does not accept clients resident in
Is Hargreaves Lansdown legit?
Hargreaves Lansdown is a legit company headquarted in UK since 1981. They are regulated by Financial Conduct Authority (FCA). Hargreaves Lansdown is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Hargreaves Lansdown a good broker?
Hargreaves Lansdown is an excellent broker, and its own users may vouch for this. The highlight of the platform is its quick order execution on transactions.
You will discover the clean design of this platform and the commendable features a pleasure to work with.
Is Hargreaves Lansdown a trustworthy broker?
Yes, Hargreaves Lansdown is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Hargreaves Lansdown?
The minimum deposit to open a live account with Hargreaves Lansdown is $200
How long do Hargreaves Lansdown withdrawals take?
Normally, withdrawal of money from Hargreaves Lansdown is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Hargreaves Lansdown to show in your bank account.
Are Hargreaves Lansdown regulated?
Hargreaves Lansdown are regulated by Financial Conduct Authority (FCA)
Is Hargreaves Lansdown a market leading broker?
Hargreaves Lansdown is currently among the industry leaders. It supports over 10,000+ registered users and over 40 years of experience on its own record. They're among the world's top trading platforms and a dominant figure in the Fintech revolution.
It simplifies this status to its unbelievable platform and broad range of tools plus resources so you can put money into capital markets.
Is Hargreaves Lansdown a con?
No, Hargreaves Lansdown is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that Hargreaves Lansdown is not a scam.
Can you make money with Hargreaves Lansdown?
Through Hargreaves Lansdown, many traders make a lot of money. But typically, through continual trading, you can make between 2% - 10% profit a month.
This can look like a little number, but within the year, this adds to a substantial number of gains. While Hargreaves Lansdown supply you all of the tools to earn money, they cannot guarantee that you will gain.
Does Hargreaves Lansdown have fees?
Yes. To begin trading with Hargreaves Lansdown, you need to deposit $200. Particular commissions while trading also apply. Any processing fees from your bank will need to be incurred by you.
When was Hargreaves Lansdown founded?
Hargreaves Lansdown was founded in 1981 in UK. Hargreaves Lansdown is regulated by Financial Conduct Authority (FCA).
How many people use Hargreaves Lansdown?
Hargreaves Lansdown is a globally recognised agent with 10,000+ customers.
Where is the Hargreaves Lansdown head office?
Hargreaves Lansdown has its head office in UK
Does Hargreaves Lansdown offer negative balance protection?
No. Hargreaves Lansdown doesn't offer negative balance protection. If your balance is negative, Hargreaves Lansdown suggests that you promptly contact client services. For this, you can fix any imbalances within your account.
Does Hargreaves Lansdown offer guaranteed stop loss?Hargreaves Lansdown unfortunately, doesn't provide guaranteed stop loss. Hargreaves Lansdown gives an opportunity for its traders to close their trades at their given price. Apart from that, Hargreaves Lansdown does not offer guaranteed stop loss.
Does Hargreaves Lansdown allow scalping?Yes, Hargreaves Lansdown do permit scalping. Many traders throughout the world choose Hargreaves Lansdown for their scalping services. They offer trading on Web Trader, Tablet & Mobile apps which let this.
Does Hargreaves Lansdown allow hedging?
Yes, Hargreaves Lansdown does allow hedging.
Can you trade energies with Hargreaves Lansdown?
Yes, you can trade energy stocks with Hargreaves Lansdown
Can you trade agricultural shares with Hargreaves Lansdown?
Yes, you can trade agricultural stocks with Hargreaves Lansdown
Can you trade cryptocurrency with Hargreaves Lansdown?
Yes, you can trade cryptocurrency with Hargreaves Lansdown
Can you trade metals with Hargreaves Lansdown?
Yes, you can trade metals with Hargreaves Lansdown
Can you trade UK Shares with Hargreaves Lansdown?
Yes, you can trade UK shares with Hargreaves Lansdown
Can you trade US Shares with Hargreaves Lansdown?
Yes, you can trade US shares with Hargreaves Lansdown
Can you trade Japanese Shares with Hargreaves Lansdown?
Yes, you can trade Japanese shares with Hargreaves Lansdown
Can you trade German Shares with Hargreaves Lansdown?
Yes, you can trade German shares with Hargreaves Lansdown
Does Hargreaves Lansdown accept bank transfers?
No, Hargreaves Lansdown does not accept bank transfers.
Does Hargreaves Lansdown accept credit cards?
No, Hargreaves Lansdown does not accept credit cards.
Does Hargreaves Lansdown accept PayPal?
No, Hargreaves Lansdown does not accept PayPal.
Does Hargreaves Lansdown accept Skrill?
No, Hargreaves Lansdown does not accept Skrill.
Does Hargreaves Lansdown accept Payoneer?
No, Hargreaves Lansdown does not accept Payoneer.
Does Hargreaves Lansdown accept Neteller?
No, Hargreaves Lansdown does not accept Neteller.
Does Hargreaves Lansdown offer Live Chat customer support?
No, Hargreaves Lansdown does not offer customer support through live chat.
Does Hargreaves Lansdown offer phone customer support?
No, Hargreaves Lansdown does not offer customer support over the telephone.
Does Hargreaves Lansdown offer email customer support?
No, Hargreaves Lansdown does not offer customer support through email.
What languages can Hargreaves Lansdown communicate in?
Hargreaves Lansdown has the ability to communicate and support customers who speak:
Does Hargreaves Lansdown have a wikipedia page?
No, Hargreaves Lansdown does not have an official wikipedia page.
Does Hargreaves Lansdown offer demo accounts?
Yes, Hargreaves Lansdown offers demo accounts so you can learn their systems before risking any real money.