Broker comparison

AJ Bell vs.
Hargreaves Lansdown

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Hargreaves Lansdown has a higher rating of 4.4/5 compared to AJ Bell (4.2/5). The minimum deposit is lower at AJ Bell with 0 £. Hargreaves Lansdown has been in the market since 1981, making it the more experienced provider. On spreads, AJ Bell offers Stocks from £5.00 per trade, funds from £1.50 per regular savings, 0.25% p.a. custody fee, while Hargreaves Lansdown offers Stocks from £11.95 per trade (volume-tiered: from £5.95 above 20 trades/month), 0.45% p.a. platform fee for funds.

UK investment broker with low costs and broad fund offering

UK premium broker with comprehensive investment advice since 1981

At a glance

The key differences

Criterion
PlatformsAJ Bell App, AJ Bell WebHL App, HL Web Platform
Product typesStocks, ETFs, Funds, Bonds, Investment TrustsStocks, ETFs, Funds, Bonds, REITs
Options tradingNoNo
Fee model£5 per trade (11+ trades: £3.50), custody fee 0.25%£11.95 per stock trade, ETFs from £0 (savings plan)
Minimum deposit0 £1 £
RegulationFCAFCA
More informationDetailsDetails

Platforms

AJ Bell

AJ Bell App, AJ Bell Web

Hargreaves Lansdown

HL App, HL Web Platform

Product types

AJ Bell

Stocks, ETFs, Funds, Bonds, Investment Trusts

Hargreaves Lansdown

Stocks, ETFs, Funds, Bonds, REITs

Options trading

AJ Bell

No

Hargreaves Lansdown

No

Fee model

AJ Bell

£5 per trade (11+ trades: £3.50), custody fee 0.25%

Hargreaves Lansdown

£11.95 per stock trade, ETFs from £0 (savings plan)

Minimum deposit

AJ Bell

0 £

Hargreaves Lansdown

1 £

Regulation

AJ Bell

FCA

Hargreaves Lansdown

FCA

More information

AJ Bell

Details

Hargreaves Lansdown

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

£5 per trade (11+ trades: £3.50), custody fee 0.25%

Published fee
£5 per trade (11+ trades: £3.50), custody fee 0.25%
Minimum deposit
0 £
Spread figure
Stocks from £5.00 per trade, funds from £1.50 per regular savings, 0.25% p.a. custody fee
See terms at provider

£11.95 per stock trade, ETFs from £0 (savings plan)

Published fee
£11.95 per stock trade, ETFs from £0 (savings plan)
Minimum deposit
1 £
Spread figure
Stocks from £11.95 per trade (volume-tiered: from £5.95 above 20 trades/month), 0.45% p.a. platform fee for funds
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsFundsBondsInvestment Trusts
StocksETFsFundsBondsREITs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

AJ Bell App · AJ Bell Web

AJ Bell offers a web platform and a mobile app for iOS and Android. The platform enables trading of stocks, funds, ETFs, and bonds. It provides portfolio overviews, charting features, fund search tools, and performance reports. The user interface is functional and clearly designed, though it appears somewhat more traditional compared to neobrokers.

Explore platform

HL App · HL Web Platform

Hargreaves Lansdown offers a web platform and mobile app for iOS and Android. The platform excels through comprehensive research tools, detailed fund analyses, the Wealth Shortlist, and portfolio management features. Users can trade stocks, funds, and ETFs, set up savings plans, and track their portfolio with detailed performance reports. The user interface is professional but not as modern as neobrokers.

Explore platform

Regulation & security

FCA

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

UK investment broker with low costs and broad fund offering

  • Low trading fees for frequent trading
  • Publicly traded company (FTSE 250)
  • Wide selection of funds and ETFs
  • Custody fee on fund holdings
  • Platform less modern than neobrokers

UK premium broker with comprehensive investment advice since 1981

  • One of the most established brokers in UK since 1981
  • Excellent research and analysis tools
  • ISA, SIPP and junior accounts available
  • Comparatively high trading fees
  • Mainly focused on UK market

Find the broker that fits

AJ Bell oder Hargreaves Lansdown?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between AJ Bell and Hargreaves Lansdown?
AJ Bell: £5 per trade (11+ trades: £3.50), custody fee 0.25%. Hargreaves Lansdown: £11.95 per stock trade, ETFs from £0 (savings plan). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: AJ Bell or Hargreaves Lansdown?
AJ Bell offers Stocks, ETFs, Funds, Bonds, Investment Trusts. Hargreaves Lansdown offers Stocks, ETFs, Funds, Bonds, REITs.
How are AJ Bell and Hargreaves Lansdown regulated?
The broker profiles list FCA for AJ Bell and FCA for Hargreaves Lansdown. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is AJ Bell or Hargreaves Lansdown better for beginners?
AJ Bell lists a 0 £ minimum deposit and offers AJ Bell App, AJ Bell Web. Hargreaves Lansdown lists 1 £ and offers HL App, HL Web Platform. Compare usability, available products and costs for your intended use.
AJ Bell vs Hargreaves Lansdown: Which broker is better overall?
The choice between AJ Bell (4.2/5, 1100 reviews) and Hargreaves Lansdown (4.4/5, 2200 reviews) depends on your needs. AJ Bell: UK investment broker with low costs and broad fund offering. Hargreaves Lansdown: UK premium broker with comprehensive investment advice since 1981.
How do spreads compare between AJ Bell and Hargreaves Lansdown?
AJ Bell offers typical spreads of Stocks from £5.00 per trade, funds from £1.50 per regular savings, 0.25% p.a. custody fee. Hargreaves Lansdown offers Stocks from £11.95 per trade (volume-tiered: from £5.95 above 20 trades/month), 0.45% p.a. platform fee for funds. Tighter spreads reduce trading costs especially for active trading.

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