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're a new entrant in the world of trading and brokerage, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get proficient at all the concepts of broker since you continue trading. For starters, you have to select the right broker who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program will generate hefty returns. Hargreaves Lansdown is one such stage which will take you and your investment into great heights. It's important that you understand about Hargreaves Lansdown until you trust them with your money.
Our entire Hargreaves Lansdown Review covers everything you need to learn about trading with Hargreaves Lansdown. A good agent can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.
There is no sure-fire method to guarantee profits; thus, you should carefully assess your agent before you select them. It is a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.
Hargreaves Lansdown is a broker which has found its way successfully to the brokerage world. Within this review, we've tried to collate a number of the vital aspects of Hargreaves Lansdown. This review will help you to know whether Hargreaves Lansdown is a fantastic match for your investments or not. We've tried to breakdown all of the qualities and charges 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 instruments for trading. Since its inception in 1981, Hargreaves Lansdown has emerged as a leading player in the field of online brokerage. Hargreaves Lansdown has an extremely competitive and full-featured trading website that's focused on forex, indices, metals, shares, commodities.
Over the past 40 years, Hargreaves Lansdown has grown into one of the leading online brokers.
After launching in 1981, their client base has become as big as 10,000+ clients.
Hargreaves Lansdown is the favorite for many dealers.. Our Hargreaves Lansdown review found that they're an excellent choice for automated trading options. It is best suited for investors who are searching for a variety of assets. Social and automated trading solutions are the heart at Hargreaves Lansdown.
Technology plays a substantial role in Hargreaves Lansdown. Hargreaves Lansdown offers trading on Web Trader, Tablet & Mobile apps. Hargreaves Lansdown is honest, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The trader resource section at Hargreaves Lansdown is very enlightening for new traders since it allows them to get a closer look in the financial markets. Hargreaves Lansdown caters to all types of traders and are a must-have broker for any well-diversified approach to online 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.
Everything you should know about trading using Hargreaves Lansdown
Hargreaves Lansdown is a lively platform that provides various methods of trading online. These instruments cover the monetary markets considerably. Most of the broker platforms provide less methods than Hargreaves Lansdown
If you wish to exchange with Hargreaves Lansdown, you'll require a minimum deposit of $200. This deposit is mandatory if you wish to begin trading using Hargreaves Lansdown. This 2021 Hargreaves Lansdown review will guide you safely about trading with them.
Hargreaves Lansdown is as versatile as another brokerage platform. Hargreaves Lansdown is ideal for traders that want a manageable assortment of low-cost services. The programs offered by Hargreaves Lansdown are third party, white-label offerings. All traders can pick from Web Trader, Tablet & Mobile apps.
Together with everything, Hargreaves Lansdown has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade has to be kept open. The agents provide premium customer service which rewards clients with advantages.
Many less reputable brokers try to pressurise customers into larger financing for superior services. Hargreaves Lansdown, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the greater benefits will become available.
Hargreaves Lansdown accounts are available around the world and provides quality service wherever they have customers. There are a 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?
Established in 2006, Hargreaves Lansdown has been in operation for 40 years, they are headquarted in UK.
Hargreaves Lansdown is regulated by Financial Conduct Authority (FCA). These figures have rules that ensure that trading platforms have steps in place to keep investor's assets secured. This usually means that Hargreaves Lansdown users don't need to worry about their money since it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information also.
You are able to make use of an option for 2 Factor Authentications (2FA) with Hargreaves Lansdown for heightened safety. An SMS with the verification code will be sent to your mobile phone. You will be asked to input this code to log in to your accounts.
Another concern with fiscal brokers with regards to safety may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. However, this is much more widespread in the case of Market Maker agents who compete with users on the stage.
Pro's & Con's Of Trading With Hargreaves Lansdown
Every online trading platform will have a few pros and cons 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
|Regulated By||Financial Conduct Authority (FCA)||Unregulated||Financial Conduct Authority (FCA)||Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Your capital is at risk||Losses can exceed deposits||Your capital is at risk|
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 set of rules for ensuring fair trading onto its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer information is to not be shared with some other institutions or individuals. Including credit history and other financial details.
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 that you need to begin on Hargreaves Lansdown is $200. This is a decent amount for people just starting out. You can create more complex deposits as you go along. However, ensure that you know how to make the most of your money 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 prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three types of fees for this purpose.
The first sort of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you're paying a spread, financing rate, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, Hargreaves Lansdown doesn't charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often exchange, such as weekly or daily trading.
But, non-trading fees charged by Hargreaves Lansdown are comparatively lower. Consequently, you're charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Hargreaves Lansdown review breaks down each of the applicable non-trading fees for you in detail.
Compare broker fees against Hargreaves Lansdown
|CFD Fees||Yes (0.1%)||No||No|
Hargreaves Lansdown Review - Withdrawal Fees Explained
Hargreaves Lansdown charges a withdrawal fee when you make a bank transfer. Every time you move money into your bank accounts, these withdrawal charges become important.
Withdrawal of cash is possible at any time from your Hargreaves Lansdown account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't necessarily have to have any money in your accounts.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. Hargreaves Lansdown will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are opting to withdraw in.
Hargreaves Lansdown Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions which run through your mind while open an account with Hargreaves Lansdown. An inactivity fee is an amount charged to registered traders who haven't participated in purchasing or selling for some time. The period regarded as inactive is decided by the broker.
The inactivity fee also differs from 1 agent to another and is not generalized. If a dealers account does not have a buying or selling transaction, it is maintained by the agent as an inactivity charge. The traders have to pay this commission under terms and conditions they had agreed while enrolling.
Hargreaves Lansdown charges an inactivity fee when you don't make any trades for a while.
Even if no fees have been indicated by Hargreaves Lansdown, it is best that you close the account if you are inactive. Inactivity fees are not only 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 selected. The inactivity fee is subjected to a lot of circumstances and should be revealed clearly by the broker beforehand.
Hargreaves Lansdown Review - Deposit Fees Explained
When you transfer money in your trading account from the bank account, a deposit fee can be charged by the broker. Most brokers do not charge too much money for this particular operation.
Hargreaves Lansdown charges a deposit fee for transferring money into your trading account.
Depositing cash on the Hargreaves Lansdown trading platform is simple. You just have to complete a single-user profile questionnaire to start depositing money into your trading account. You'll need to give an identity proof and evidence of residency to deposit large sums.
Hargreaves Lansdown Review - Compare Broker Deposit Methods
What Can You trade With Hargreaves Lansdown?
Note: Hargreaves Lansdown offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may be different 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 currency pairs.
Compare Hargreaves Lansdown, Finpro, Spreadex & WeBull below.
Alternatives To Hargreaves Lansdown
If, after studying this Hargreaves Lansdown review, Hargreaves Lansdown does not fulfill your needs check out these Hargreaves Lansdown alternatives.
We have scoured the web 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 inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demo account on Hargreaves Lansdown, you may set out with a decent amount of virtual money. It's to establish a feeling of safety and confidence in you before you choose to spend your own money.
With this digital Hargreaves Lansdowndemo account, you can experiment in any way, to whatever period you wish. You might also open positions, test different trading approaches, and more.
Hargreaves Lansdown specifies on its official website that you are able to trade real time stocks in a 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 principles of Financial Conduct Authority (FCA).
Nevertheless, Hargreaves Lansdown doesn't 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 methods to fund your accounts with Hargreaves Lansdown. The process is effortless and quick, with various 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 funds. You have to keep in mind that PayPal isn't available in every place. The monies Hargreaves Lansdown
Is my money safe with Hargreaves Lansdown?
Yes, your cash is safe and secure with Hargreaves Lansdown. As you already know, Hargreaves Lansdown operates with good conformation to. It has established plenty of measures to protect all of its own investors.
Hargreaves Lansdown protects its clients' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further protect your account, you can enable Two-Step Verification as well. It requires an SMS affirmation that you get your accounts.
Is Hargreaves Lansdown trading good?
Yes, trading via Hargreaves Lansdown is a nice and decent experience indeed. It is a great and intuitive platform with useful features for your ease. In addition, you can even gain access to a vast selection of educational tools and assistive substance to kickstart your trading experience.
If you are still skeptical, you can start a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries does Hargreaves Lansdown support?
Hargreaves Lansdown operates around the globe. However, due to regulations there are some countries that Hargreaves Lansdown cannot accept clients from
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 a great agent, and its own users may vouch for it. The highlight of the platform is its fast order execution on trades.
You'll find 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 indisputably one of the industry leaders. It supports over 10,000+ registered users and over 40 years of expertise on its own record. They're one of the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and broad range of resources plus tools so that you may 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?
Using Hargreaves Lansdown, several traders make a great deal of cash. But on average, through consistent trading, you can make between 2% - 10% profit a month.
This may seem like a little number, but within the entire year, this adds to a substantial number of gains. Even though Hargreaves Lansdown provide you all the tools to make money, they cannot guarantee you will gain.
Does Hargreaves Lansdown have fees?
Yes. To start trading using Hargreaves Lansdown, you need to deposit $200. Particular commissions while trading additionally apply. Any processing fees from your bank might have 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 worldwide recognised broker with 10,000+ clients.
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 does not offer negative balance protection. If your balance is negative, Hargreaves Lansdown indicates you contact client services. With this, you can fix any imbalances within your own account.
Does Hargreaves Lansdown offer guaranteed stop loss?Hargreaves Lansdown regrettably, does not offer guaranteed stop loss. Hargreaves Lansdown provides a chance to its dealers to close their trade at their specified price. Apart from that, Hargreaves Lansdown does not provide guaranteed stop loss.
Does Hargreaves Lansdown allow scalping?Yes, Hargreaves Lansdown do permit scalping. Several traders throughout the world choose Hargreaves Lansdown due to their scalping services. They offer trading on Web Trader, Tablet & Mobile apps which allow 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.