Are you confused about whether to choose Revolut vs Hargreaves Lansdown as a broker for your investing needs?
In this side-by-side comparison, we analyse Revolut vs Hargreaves Lansdown to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
Revolut Trading vs Hargreaves Lansdown: In a Nutshell
European beginner investors looking for quick exposure to US stocks
Revolut was created to disrupt the banking industry by reducing and removing fees associated with the traditional banking system.
It also offers other financial services, namely the possibility of buying US stocks, cryptocurrencies, and precious metals (Gold and Silver).
The quick access to investment products, combined with low commissions, remains the most engaging differential that enables Revolut to stand out from its competitors.
Reliability and security (UK investors only)
Hargreaves Lansdown is one of the biggest UK platforms for individual investors. It serves more than 1.5 million clients with over £120 billion AUMs.
You will find the most relevant financial instruments (Stocks, ETF, funds,…). It’s a bit pricey, but it makes up for it by being one of the most reliable brokers.
It is well-established, secure and regulated by the FCA. The customer service is market-leading, and their educational resources are superb.
Pros and Cons
Revolut Trading
Pros
- Simple trading platform
- Easy account opening process
- At least, one free trade per month
- Low trading commissions
- No inactivity fee
Cons
- Low product offering (ETFs and other financial products are missing)
- Investments not covered by the Financial Services Compensation Scheme
- Annual custody fee of 0.12%
Hargreaves Lansdown
Pros
- Excellent research and educational tools
- Great customer service
- No inactivity fee
- No withdrawal fee
- No minimum deposit
- High reliability and security
- Listed in the FTSE 100 index
- Has ISA, SIPP, and other products and services catered to british investors
Cons
- High trading commissions (UK and overseas shares, investment trusts, ETFs, gilts and bonds)
- Annual account charges for funds (up to 0.45%)
- No demo account
- Only one base currency: GBP
- High currency conversion fee (up to 1%)
Revolut Trading vs Hargreaves Lansdown: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
