IG vs Hargreaves Lansdown: Features, Products, Asset types, and Customer reviews

IG and Hargreaves Lansdown are among the UK’s most established financial companies. They offer a range of financial assets in the UK, the US, and across Europe. Both have a long track record of success but operate different financial systems.

IG vs. Hargreaves Lansdown

How do these brokers work? What financial assets and fees do they offer? Use this comparison guide to understand the platforms and choose the one best suits your investment strategy.

Let’s delve in!

IG Group vs Hargreaves Lansdown: A Detailed Comparison

How Does IG Group Work?

IG Broker, established by its parent company, IG Group, is one of the world’s leading providers of CFDs, cryptocurrencies, spread betting, and forex. The parent company is listed on the London Stock Exchange.

IG Broker was founded in 1974 in England, and its headquarters are in London. Since then, it has grown significantly, now offering investors the ability to trade gold and over 18,000 other assets and financial instruments.

Since its foundation in England, IG Broker has expanded its financial operations to other countries, including Australia, the United States, China, and various countries in the EEA.

IG Broker provides clients access to its financial system through various account types. The company offers trading and investment accounts. Trading accounts grant access to spread bets and CFDs, while investment accounts provide access to DIY share dealing, stocks and shares ISAs, and an in-house expert-managed Smart Portfolio.

In addition, IG complies with strict financial regulations provided by regulatory bodies in the countries where it operates.

IG works on its proprietary trading platform and other third-party trading platforms like MetaTrader.  The intuitive proprietary platform is user-friendly and accurate, and its order execution is timely. The broker also offers a Demo account to explore its usability using virtual money.

How Does Hargreaves Lansdown Work?

Hargreaves Lansdown is one of the UK’s oldest financial companies, founded on July 1, 1981. It has since become a constituent of the FTSE 100 index and is listed on the London Stock Exchange. The company manages over £120 billion in investments from 1.7 million clients.

Established in Bristol, UK, and provides broker services to all UK citizens. The company offers investment funds, shares, and related products to retail investors in the UK, Canada, and other European countries. 

Hargreaves Lansdown provides an account to hold and manage your investments. With this account, you can access all investment options, trading tools, market updates, and transaction calculators to enhance your investment experience.

As an account holder, you can trade on Hargreaves Lansdown’s excellent and user-friendly proprietary online trading application. The platform allows you to monitor your portfolio and perform all transactions. The application is compatible with iOS and Android mobile devices.

The broker’s website is also straightforward to navigate, providing informative investment guides and market updates.

Overall, Hargreaves Lansdown is a trusted and safe broker with over 3,000 funds, corporate and government bonds, ETFs, and shares listed on the UK, Canadian and European stocks.

IG Broker vs. Hargreaves Lansdown: Main Characteristic

FeaturesIG BrokerHargreaves Lansdown
RegulationRegulated in the UK by the Financial Conduct Authority (FCA). IG broker is regulated by the Financial bodies in all the countries it operates, e.g., ASIC in Australia.Regulated by the UK’s Financial Conduct Authority (FCA).
Financial Compensation Claims£85,000 in the UKUp to £85,000
Account typesSpread betting account CFD Trading account Share Dealing account Smart Portfolio account Demo AccountStocks and shares ISA Share dealing account Lifetime ISA (LISA) Self-invested Personal Pension (SIPP) Junior SIPP Junior ISA (JISA) Active Savings
Market assetShares, Forex, Indices, Commodities, Cryptocurrencies, ETFSs, spot and futures, CFDs, and Spread-bettingFunds, Shares, Investment trusts, Exchange-traded Funds (ETFs), Gift and corporate bonds, and Cash
Trading PlatformProprietary trading platform and third-party platform (MT4, L2 Dealer, PeoRealTime)Proprietary trading platform
Deposit and Withdrawal feeZero feeZero fee
Deposit MethodDebit card, Credit card, and Bank transferDebit card and Bank transfer
Demo AccountYesNO
Minimum deposit£1 for bank transfer and £250 for debit cardThe minimum deposit for HL Fund and Share Account is £1 Minimum sum investment into Funds is £100
Currency Conversion fee0.5%First £5,000 – 1% FX charge Next £5,000 – 0.75% FX charge Next £10,000 – 0.50% FX charge Over £20,000 – 0.25% FX charge
Inactivity FeeNo inactivity fee$/£12/€14 per month if you do not trade for 24 months

IG Broker vs Hargreaves Lansdown: Regulation and Reliability

The regulatory status of financial brokers is one of the most essential aspects to consider when choosing a broker. With a regulated broker, you’re sure your investments are safe. A regulated broker adheres strictly to the rules of the regulation body.

Let’s review the regulation and reliability of IG and Hargreaves Lansdown.

IG Broker Regulation

As a financial broker operating in the United Kingdom, the company is regulated by the UK’s top-tiered Financial Conduct Authority. The regulatory authorities provide strict and incisive regulations that financial companies must comply with.

IG trading and investments are provided by IG Europe GmbH in other EEA countries. The financial firm is regulated and licensed by the Deutsche Bundesbank and the German Federal Financial Supervisory Authority in Germany.

IG Group also holds relevant regulatory licenses in various jurisdictions, including Australia (ASIC), South Africa (FSCA), Singapore (MAS), Japan (JFSA, METI, & MAFF), and other countries where it operates.

The financial institution’s regulatory status in all the countries it operates in provides economic benefits for investors in case of bankruptcy. For example, the IG broker is registered with the UK’s Financial Service Compensation Scheme (FSCS), which protects investors up to £85,000 in case of bankruptcy.

In addition, the financial group is listed on London’s stock exchange market. This provides an additional layer of security to trust the financial system and its operations are transparent enough.

Is IG Group Reliable?

IG complies with all stringent regulatory requirements and guidelines to maintain its regulatory status and operate as a regulated corporation. This commitment ensures the broker’s reliability.

In addition, IG Group holds all clients’ funds in a segregated third-party Tier bank unrelated to the broker. This ensures that IG does not use client funds for operational needs, and IG creditors have no right to the money in case of bankruptcy.

All these measures are in place to ensure the client’s fund security and provide a reliable investment platform.

Regulation of Hargreaves Lansdown

Hargreaves Lansdown is regulated and authorized by the UK’s Financial Conduct Authority (FCA) as an electronic financial institution. This authorization certifies that the company conducts business by FCA rules.

When you have a Hargreaves Lansdown savings product, it’s covered by the Financial Services Compensation Scheme (FSCS). This is important because if the platform fails or ceases trading, the FSCS can compensate you up to £85,000 if they confirm that your investment is in default and cannot satisfy any claim against it.

Additionally, all client funds are held in segregated bank accounts, separate from the company’s funds. This means that Hargreaves Lansdown Limited’s creditors have no legal right to these funds, and the company is not obligated to use the money for any operational activities.

Also, Hargreaves Lansdown owns a treasury committee that oversees the management of clients’ funds within the FCA’s regulatory system, together with the selection, appointment, and ongoing monitoring of third-party institutions used to hold client’s money and assets.

Hargreaves Lansdown protects and holds your stock in a nominee account with you or an approved third-party custodian as the beneficial owner. Hargreaves Lansdown Nominees Limited, a non-trading company, cannot incur liabilities of its own. Hargreaves Lansdown accepts full liability for any default by the nominee company.

Overall, the regulations, authorities, and committees in place ensure the safety of your investment, whether you own a pension, stock, or savings account. Therefore, Hargreaves Lansdown is a secure place to keep your money and invest in stocks.

Is Hargreaves Lansdown Reliable?

Hargreaves Lansdown follows all rules and regulations set by the UK’s FCA to protect client funds and investments as a licensed financial institution. Consequently, it is considered reliable, and financial experts vouch for its reliability as one of the UK’s traditional financial platforms.

Also, if the institution stops trading or fails in its primary duties, all clients’ money is safe and will be returned to individuals if it is not together with the company’s funds.

These conditions make Hargreaves Financial Limited a reliable platform to put your money.

IG Group vs Hargreaves Lansdown: Products and Assets

IG and Hargreaves Lansdown are financial institutions that offer investors several financial instruments. Here, we will briefly discuss the products and assets they offer

Products and Asset Available with IG Broker in the UK

IG group products

IG Broker Stocks and Shares

IG Broker has over 13,000 company shares from all over the world. You can invest, trade, or use leverage products like CFD or spread betting.

IG Broker Indices

The IG Market provides investors with over 80 indices and boasts of its weekend indices trading. You can trade indices via spread-betting or as CFDs

IG Broker ETFs

With IG Market, you can choose from more than 5,400 ETFs available. These ETFs are available in indices, currencies, and commodities.

IG Broker Forex

The Foreign Exchange (Forex) Market is one of the most prominent financial instruments in the world, and IG is a big player in the market. IG investors trade currency pairs in the market, usually divided into major, main, and exotic pairs.

With the IG account, you can trade currency pairs through CFDs (commission-free) and Direct Market Access with variable commission.

IG Broker Commodities

With IG Broker, you can trade commodities such as precious metals, energy, and agricultural products through spread betting, CFD trading, and commodity share dealing.

IG Broker Bonds

You can trade bond ETF shares with an IG share-dealing account through spread betting or via CFDs.

IG Broker Cryptocurrencies

With IG broker, you can take a position on the price of more than ten major cryptocurrencies, including Bitcoin.

IG Broker Volatility

IG trading volatility involves predicting the price stability of a given asset. In the IG market, you can predict the volatility of several markets, including indices, forex, and commodities.

Products and Assets Available with Hargreaves Lansdown in the UK

Hargreaves Lansdown Funds

Funds are investments that pool money from many individuals and fund managers to invest in a wide range of shares and bonds. Each investor is issued units that correspond to their share of the fund.

Hargreaves Lansdown offers over 3,000 Unit Trusts and OEICs from trusted fund managers, with market-beating savings and discounts. They also provide free analysis and updates from the Hargreaves Lansdown research team.

Hargreaves Lansdown Shares

Hargreaves Lansdown allows you to purchase shares in a company and earn dividends from the company’s profits. They offer low-cost UK, Canadian, US, and European shares, along with free comprehensive information and email updates about the shares.

Hargreaves Lansdown Exchange Traded Funds

Hargreaves Lansdown offers investors over 1,300 exchange-traded funds (ETFs) and related products, free limit orders, stop losses, and no annual management costs. Additionally, the platform charges per ETF traded in the previous month.

Hargreaves Lansdown ETF Dealing Charges

The ETF dealing charges depends on how often you trade ETF. The table below shows details about the number of dealings.

Deals in the Previous MonthDealing Charge
0-9 deals in the previous month£11.95 per deal
10-19 deals in the previous month£8.95 per deal
20 or more deals in the previous month£5.95 per deal

Hargreaves Lansdown Investment Trusts

Hargreaves Lansdown offers over 400 Investment Trusts and Real Estate Investment Trusts (REIT) with free limit orders and stop losses.

Hargreaves Lansdown Gilt and Corporate Bonds

When you buy bonds, you borrow the company or government money they invest and receive interest.

Gilts are UK government bonds that are provided to help public spending. They work just like bonds.

Hargreaves Lansdown gives you access to over 700 Corporate Bonds and Gilts with no annual management cost.

Hargreaves Lansdown Cash

Hargreaves Lansdown allows you to open your account with a cash deposit and pick an investment later. Your cash deposit is safe and grows with increased rates.

IG vs Hargreaves Lansdown: Account Type and The Broker With Better Account Offer

IG Broker Account

IG account types

IG Broker offers clients four major types of accounts, each focusing on different trading strategies to provide investors with the best options. Additionally, it offers a demo account for novice investors to try out strategies and become familiar with the platform.

The account types include:

1.      IG Spread Betting Account

The spread betting account allows account owners to predict the price direction of an asset, whether it will increase or decrease. In this trading technique, you bet a certain amount per point of price movement without owning the asset outright.

Any profit made on your positions is tax-free, with no stamp duty or commission. With the IG spread betting account, there are over 17,000 markets available to hold your betting positions.

2.       IG CFD Trading Account

The IG market allows you to trade Contracts for Difference (CFDs) through its CFD account. Similar to spread betting, you can speculate on the rising and falling of asset prices. However, the difference lies in how you realize profits and losses. Your profit or loss is determined by the difference between your opening and closing positions.

With the CFD account, you can offset your losses against profits for your Capital Gain Tax. On the IG CFD trading account, you can access more than 17,000 markets and get Direct Market Access (DMA).

3.      IG Share Dealing Account

The IG share dealing account allows you to buy and own a stock/share to sell at higher prices and make a profit. Also, you can make money as a company shareholder by receiving dividends with shareholder’s rights.

With the IG share dealing account, you can access over 13,000 shares, 2,000 funds, and several UK IPOs to invest with zero commission.

4.      IG Smart Portfolios Account

The IG Smart portfolio is an investment account managed by in-house IG experts. The experts will provide a diversified portfolio of global markets tailored to your risk appetite.

5.      IG Demo Account

The Demo account is a simulator that showcases how the platform works to new investors or novice traders interested in the IG market. It’s essential to practice your trading skills.

With the IG Demo account, you can make trades with virtual money and access all the features the main account entails.

Hargreaves Lansdown Account Types

Hargreaves Lansdown Account Types
Hargreaves Lansdown Account Types

Hargreaves Lansdown accounts are categorized as Individual Savings Accounts (ISAs) and Pension and Retirement Accounts.

These two categories contain different types of accounts, they include:

Individual Savings Account

  • Stock and Shares ISA
  • Lifetime ISA (LISA)
  • Junior ISA (JISA)

Pension and Retirement Accounts

  • Self-invested Personal Pension (SIPP)
  • Junior SIPP
  • Retirement
  • Annuities
  • Drawdown

Now, let’s discuss the accounts in detail

1.      Hargreaves Lansdown Stock and Shares ISA

A Stock and Share ISA account is a popular investment account in the UK that allows you to save up to a particular amount each tax year without incurring tax. In 2023/2024 (6 April 2023 to 5 April 2024), you can deposit up to £20,000 to your ISA account.

With the funds deposited in the ISA account, you can invest it in any stocks and shares.

The Hargreaves Lansdown Stocks and Shares ISA gives clients access to ready-made investments, over 3,000 funds, UK and overseas shares, investment trusts, bonds, and ETFs. The platform also provides investment research tools, wealth lists, and market updates to guide your investing.

The Hargreaves Lansdown stock and share ISA ready-made portfolio contain assets based on your risk appetite. Their financial expert will buy and sell investments for you. For this package, you can only start with £1,000.

Conversely, you can control your investment portfolio by selecting the assets you want to invest in. You can decide which shares to buy and sell, and with the help of Hargreaves Lansdown research, you can make informed decisions.

You can start the DIY Hargreaves Lansdown stocks and shares ISA with £100 or £25 monthly.

Hargreaves Lansdown Stock and Shares ISA Charges

If you hold funds or assets in your ISA account, these charges apply:

Value of FundsCharges
On the first £250,0000.45%
On the value between £250,000 and £1 million0.25%
On the Value between £1 million and £2 million0.1%
On a value of over £2 millionNo charge

If you hold any shares, including UK and overseas shares, investment, exchange-traded funds, VCTs, gilts, and bonds, Hargreaves Lansdown charges 0.45%, capped at £45 annually.

2.      Hargreaves Lansdown Lifetime ISA (LISA)

The Lifetime ISA program is a flexible approach to saving and investing for your first home purchase or retirement. Like other ISAs, it’s a tax-free savings and investment account available to individuals between 18 and 39. Once you open the account, you can contribute and receive a bonus until age 50.

With the Hargreaves Lansdown LISA, you can save cash or invest in the stock market with an extra 25% bonus from the government up to £1,000 each tax year. This implies that you can contribute up to £4,000 each tax year and receive a government bonus of 25% to purchase your first house.

You can withdraw the LISA savings after 12 months from the first payment and use it to make an eligible purchase of your first housing property worth up to £450,000 or less.

If you want to withdraw money before retirement (before you’re 60) and not use it to buy your first home, you will be charged a 25% government fee.

It’s important to know that the Lifetime ISA allowance of £4,000 forms part of the tax-free £20,000 ISA allowance for each tax year. Tax rules may change, and the maximum ISA deposit depends on the circumstances.

Hargreaves Lansdown Lifetime ISA Charges
Value of FundsCharges
On the £1 million0.25%
On the value between £1 million and £2 millions0.1%
On the value over £2 millionNo charges

If you hold shares, including UK and overseas shares, investment trusts, ETFs, VCTs, gilts, and bonds, Hargreaves Lansdown charges 0.25%, capped at £45 per year.

3.      Hargreaves Lansdown Junior ISA (JISA)

Hargreaves Lansdown offers junior ISAs, a tax-efficient account for children under 18 to save and invest. Any return from the investment is free from UK income and Capital gain tax.

As a parent or legal guardian, you can start a Junior ISA for your child, and even friends and family can add money to the account. When your child turns 18, they can access the money or investments.

With the Junior ISA, you can choose investments, including funds, shares, bonds, and trusts.

You can invest up to £9,000 in a junior ISA according to the 2023/2024 tax year rule.

In addition, Hargreaves Lansdown Junior ISA is free, with no commission or charges, so your kid will have the full benefit for their future.

4.      Hargreaves Lansdown Self-invested Personal Pension (SIPP)

A Self-invested Personal Person is a type of retirement account that allows you to take charge of all the dealing associated with the investment. Here, you can invest where you want to and control how much goes into the investment.

With all these liberties, you have the same tax advantage as a traditional pension account, and the government will still give you a tax relief boost of up to 45% (or 47% if you’re a Scottish ratepayer).

Hargreaves Lansdown offers you a SIPP account, and if you don’t know whether an investment is right for you, they have advisers to help you. This service requires an additional fee.

Hargreaves Lansdown SIPP Charges
Value of FundsCharges
On the first £250,0000.45%
On the value between £250,000 and £1 million0.25%
On the Value between £1 million and £2 million0.1%
On the value over £2 millionNo charge

If you hold shares, including UK and overseas shares, investment trusts, exchange-traded funds, VCTs, gilts, and bonds, Hargreaves Lansdown charges 0.45% at £200 per year.

5.      Hargreaves Lansdown Junior SIPP

The Junior SIPP is a personal pension you can start on behalf of your child to give them a head start in life. It’s similar to regular SIPP but only differs in that parents or legal guardians manage the account until the child turns 18.

The Hargreaves Lansdown SIPP works much like the Junior ISA and SIPP combination. There’s an allowance per child each tax year, of which the government will receive 20% tax relief.

The child will have access to account management when they are 18.

Hargreaves Lansdown Junior SIPP Charges
Value of FundsCharges
On the first £250,0000.45%
On the value between £250,000 and £1 million0.25%
On the Value between £1 million and £2 million0.1%
On the value over £2 millionNo charge

If you hold shares, including UK and overseas shares, investment trusts, exchange-traded funds, VCTs, gilts, and bonds, Hargreaves Lansdown charges 0.45% at £200 per year.

6.      Hargreaves Lansdown Fund and Share Account

The Hargreaves Fund and Share account is designed to help investors build their portfolios. It’s an easy online service that lets you buy and sell over 3,000 shares, investment trusts, exchange-traded funds, and bonds.

You can build your portfolio or contact Hargreaves Lansdown financial experts for advice.

Hargreaves Lansdown Fund and Shares Account Charges

Your Hargreaves Lansdown fund and shares account charges depend on whether you hold funds or shares. The activity charges are:

For Share

Holding shares, including UK and overseas shares, investment trusts, exchange-traded funds, VCTs, gilts, and bonds, is free.

For Funds
Value of FundsCharges
On the first £250,0000.45%
On the value between £250,000 and £1 million0.25%
On the Value between £1 million and £2 million0.1%
On a value of over £2 millionNo charge
Fund Dealing

There is no charge for buying and selling funds, but for online and mobile app share dealing, Hargreaves and Lansdown charge per deal. The charges include:

Number of deals in the previous monthCharge per deal
0-9£11.95
10-19£8.95
20+£5.95

Note: There is an added foreign exchange charge for overseas share deals, depending on the deal size

7.      Hargreaves Lansdown Active Savings Account

The Hargreaves Lansdown Active savings account is a cash service launched in 2018 to help consumers get a better savings rate. The financial institution partnered with many banks to offer this online service and give you an interest-rate return on cash savings.

Also, instead of having to shop around for a savings account at a competitive rate, Hargreaves Lansdown allows you to swap to a new savings account at a better rate with no hassle of moving.

IG vs Hargreaves Lansdown: Pricing Plan and Broker Fee

IG Broker Pricing Plan and Broker Fee

IG only generates profits via commissions, spreads, and other fees (such as a guarantee, overnight, inactivity, and shorting fee).

The major IG fees include:

IG Forex Market Spreads

MarketMinimum SpreadAverage SpreadAverage Spread (1:00-22:00)
EUR/USD0.61.040.85
AUD/USD0.61.331.07
EUR/GBP0.91.331.07
GBP/USD0.91.831.40

IG Commodities Spreads/Commission

MarketMinimum Spread for Futures
Spot Gold0,6
Spot Silver3
Crude Oil – US Crude6
Crude Oil – Brent Crude6

IG Indices Spreads

MarketMinimum Spread
FTSE 1001
Wall Street2.4
Germany 401.2
Australia 2001

IG Crypto CFD

MarketMinimum Spread
Bitcoin36
Bitcoin2
Ether1.3

Hargreaves Lansdown Pricing Plan and Broker Fee

DescriptionCharge
UK Stamp Duty0.5% on purchase of UK shares (rounded up to the nearest £5 for residual shares)
Panel on Takeover and Mergers£1 on UK shares deals over £10,000
Irish Stamp Duty1% on purchases of Irish shares
French Financial Transaction Tax0.3% on some French shares
Italian Financial Transaction Tax0.1% of the trade value, a minimum charge of £20
Telephone share dealing1% of the trade value, minimum charge of £20, and Maximum charge of £50
Direct Debit investment for FTSE 250 shares and selected investment trusts and ETFs£1.50 per stock per month
Automated sales to cover charges (selling fund units or shares to cover fees)£1.50 per deal for shares. No charge for fund
Quarterly statement and valuation (paperless)No charge
Quarterly statement and valuation (paper)£20 + VAT per year

IG vs Hargreaves Lansdown: Trading Platform

The beauty of financial brokers these days is their deviation from the traditional model of a physical trading system to an online trading platform you can access at your convenience. IG and Hargreaves Lansdown operate on online trading platforms, allowing investors to execute their transactions seamlessly.

IG Broker Trading Platform

IG trading platforms

You can access the IG market through its intuitive proprietary platform (web and mobile app) and other third-party trading platforms, including MetaTrader 4, ProRealTime, and L2 Dealer.

The IG online trading platform is a powerful browser and mobile device compatible with desktop, laptop, Android, and iOS devices. It contains research tools and technical indicators and boasts a super-fast trade execution time.

All third-party trading platforms are globally known for trading CFDs, Forex, and Spread betting. They consist of highly customized trading and analyzing tools for professional traders to execute their positions.

The flexibility of the IG market and other third-party platforms gives clients the freedom to choose the platform that is best for them.

Hargreaves Lansdown Trading Platform

Hargreaves Lansdown Trading platform

Hargreaves Lansdown has a well-designed and easy-to-navigate trading mobile app and website. The mobile app is compatible with Android and iOS devices and is secured with touch and face ID to prevent security breaches.

With the trading platforms, you can access your Hargreaves Lansdown online account and buy, sell, and manage transactions.

IG vs Hargreaves Lansdown: Deposit and Withdrawal

IG Broker Deposit and Withdrawal Policy

The IG broker provides seamless deposit and withdrawal methods with zero fees.

Deposit Methods

The payment methods IG accepts are:

  • Debit or Credit card– This is the quickest way to fund your account. It’s almost instant. You can have up to five cards listed on your account at a time, but they must be in your name and registered to the address you use for your IG account.
  • Bank Transfer— You can return your IG funds to your verified bank account. This process takes 1-3 business days to clear, with no maximum or minimum withdrawal limit.

Withdrawal Methods

On the IG platform, you can withdraw:

  • Back to Credit or Debit Card—This is like a form of refund to your card bank details. It usually takes 2-5 bank working days to receive the funds. The minimum you can withdraw from a card is $150. If you have less than $150 on your account, you can withdraw up to the amount available. The maximum card withdrawal per day is $25,000.
  • Bank Transfer— You can transfer your available IG funds back to your verified bank account. This process takes 1-3 business days to clear, with no maximum or minimum withdrawal limit.

Hargreaves Lansdown Deposit and Withdrawal Policy

Hargreaves provides easy, free, and straightforward deposit and withdrawal methods.

Deposit Methods

  • Debit Card: If you can access your Hargreaves Lansdown account online, you can add money using your debit card by selecting the ‘add money’ tab. This method is instant.
  • Telephone: You can contact Hargreaves Lansdown on 0117 988 9965 with your debit card details.
  • By Post: You can send a cover letter quoting your cheque, and it’s made payable to ‘HLAM Client A/C.’ 

Withdraw Methods

  • Bank transfer – Provided your bank accepts Faster Payment, you can withdraw from the Hargreaves Lansdown app or website. The maximum amount you can request online per day is £9,999.
  • Telephone: Hargreaves Lansdown must have cleared the Nominated Bank Account on record and set up your security details to use this method. You can contact them at 0117 980 9950 to request a withdrawal.

IG vs Hargreaves Lansdown: Customer Care Service

IG Broket Customer Service

IG provides its customers with a detailed help section on its website, where it answers most of the commonly asked questions about the platform.

In addition, the platform offers alternative options for clients to contact customer support services.  These alternatives include:

  • Office in London, UK
  • Contact Phone – You can speak to IG experts at +44 (20) 7633 5431. The service is available 24 hours, Monday to Friday
  • Live Chat – The IG Trading platform has a live chat platform where you can discuss it with their experts.
  • Email – You can contact IG through mail. You should respond usually within a day.

Hargreaves Lansdown Customer Service

Hargreaves Lansdown offers highly-regarded and exclusive customer support via:

  • Phone: Phone lines are available 8am to 5pm on business days and 9:30am – 12:30pm Saturday
  • Email: Through the website

IG vs Hargreaves Lansdown: User Opinions and Reviews

What current customers say about the brokers’ services is important when choosing any of them. Are the investors satisfied with their current service?

Let’s look at the Trustpilot Investment community, a reputable website investors use to provide honest ratings and comments. In addition, we will check the Google Play Store and Apple Store to see what app users say about the broker’s mobile apps.

IG User Opinions and Reviews

The IG investment services have over 6,000 reviews and ratings on Trustpilot, scoring 3.9 out of 5-star ratings.

IG Trustpilot Review

On Google Play Store, IG Trading Platform gathers over 17,000 reviews and ratings with 4.4 out of 5-star ratings.

IG Google Play store review

In addition, the IG trading platform has a 4.4 out of 5-star rating with over 27,000 reviews on the Apple App Store.

IG app store review

Hargreaves Lansdown User Opinions and Reviews

As an old financial institution still holding to its traditional styles of investment strategy, Hargreaves Lansdown has a 4.2 out of 5-star rating on Trustpilot—and about 59% five-star ratings from 8,000+ reviewers.

HL user reviews

The majority of the reviews describe the platform’s versatility and excellent customer service. However, it loses star ratings because it is expensive to manage for both small and large portfolios.

Also, the Hargreaves Lansdown app has 500,000+ downloads on the Google Play Store and over 12,000 reviews and ratings, showing 4.6 out of 5-star ratings.

IG vs Hargreaves Lansdown: Our Opinion

IG Broker and Hargreaves Lansdown are traditional financial investment companies in the UK that are similar in providing stock and shares for their customers. However, they differ in the service they offer.

While IG broker focuses on CFD and Spread betting, Hargreaves Lansdown is an expert in tax-wrapper investments (including different types of SIPP and ISA).

Both brokers are fully regulated and authorized by the UK’s Financial Conduct Authority, indicating that they are safe, reliable, and efficient enough to manage your investments. IG is also authorized by several other financial bodies in all other countries they operate.

Also, the financial platforms profit from various commissions, which are spread across the products and financial instruments they offer. The fees are reasonable enough and explainable, with no hidden charges.

In addition, IG and Hargreaves Lansdown also have an intuitive, powerful, and efficient trading platform equipped with all necessary indicators for technical analysis. Investors can analyze the market on this platform with all the necessary tools to make financial decisions.

For better customer satisfaction, the IG platform collaborates with third-party trading platforms, including MetaTrader 4, ProReal Time, and L2 Dealer, so that IG clients can trade from this platform.

Overall, both brokers are excellent in their fields and provide their customers with the best in their areas of specialization.

IG vs Hargreaves Lansdown: FAQs About IG vs Hargreaves Lansdown

Is Hargreaves Lansdown a good broker?

Hargreaves Lansdown offers several sophisticated research tools, a comprehensive selection of investment options, and a user-friendly mobile app. However, the company’s pricing is expensive.

Is IG a good broker?

IG has one of the most complex offerings on the market when it comes to CFDs and spread betting. Regardless of their objectives, it may be the right choice for many investors and traders because of its broad offering in products, markets, tools and analysis, and platforms.

 

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