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Hargreaves Lansdown review: fees, ISA charges and whether it's right for you

The UK's biggest platform, now cheaper after 2026 fee cuts

Best for: Investors who want the fullest service, research and support and will pay a premium for it.

4.3 (Excellent)Fees verified July 2026

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The short version

Hargreaves Lansdown is the UK's largest DIY investment platform and leans into service: fast phone support, deep research and every account type you might need. The March 2026 fee cuts made it meaningfully cheaper, with fund fees down to 0.35% and share dealing at £6.95.

It is still rarely the cheapest option. You are paying for service and breadth, so the honest question is whether you will use them. If not, AJ Bell offers similar range for less.

Best for: Investors who want the fullest service, research and support and will pay a premium for it.

Hargreaves Lansdown fees

Platform fee0.35% on funds up to £250k (tiered lower above); shares capped at £45/year in an ISA and £150/year in a SIPP
Share dealing£6.95 per trade (cut from £11.95 in March 2026)
Fund dealing£1.95 per trade (free via regular investing)
FX fee1% on the first £5k, tiered lower above
Stocks & Shares ISAPlatform fee applies
SIPPPlatform fee applies
WithdrawalsFree
Minimum to start£25/month or £100 lump sum
Industry benchmark: Typical UK broker platform fee 0.25%/yr, ISA total cost 0.45%/yr, FX 1.50%. Hargreaves Lansdown's profile relative to that is shown above.
  • March 2026 changes cut the fund platform fee from 0.45% to 0.35% and share dealing from £11.95 to £6.95, but introduced a new £1.95 fund dealing charge.
  • HL says eight in ten clients are better off or unchanged under the new pricing.

Verified July 2026 against Hargreaves Lansdown's published charges. Always check the provider's current schedule before opening an account.

Accounts available

General Investment AccountStocks & Shares ISALifetime ISAJunior ISASIPPActive Savings

Your cash is protected by the FSCS up to £120,000. Your investments are ring-fenced in your name, held separately from the firm's own assets, so they remain yours if the firm fails, with FSCS cover of up to £85,000 for any shortfall. Authorised and regulated by the FCA.

What the reviews say

Hargreaves Lansdown scores 4.3 out of 5 on Trustpilot (Excellent) from over 21,000 reviews.

Service quality is the recurring theme: phone answered quickly, knowledgeable staff, smooth transfers.

Price. Even after the cuts, reviewers and commentators note cheaper alternatives for the same investments.

Pros and cons

Where it wins

  • Best-in-class service, research and educational content
  • Everything under one roof, including Lifetime ISA and cash savings
  • 2026 fee cuts narrowed the gap to rivals
  • Share holding charges capped in ISAs and SIPPs

Where it loses

  • Still more expensive than AJ Bell or app-based brokers for most portfolios
  • New £1.95 fund dealing fee for ad-hoc trades
  • 1% headline FX charge is high

Hargreaves Lansdown: common questions

How much does Hargreaves Lansdown charge in fees?

Hargreaves Lansdown's platform fee is 0.35% on funds up to £250k (tiered lower above); shares capped at £45/year in an ISA and £150/year in a SIPP. Share dealing is £6.95 per trade (cut from £11.95 in March 2026) and fund dealing is £1.95 per trade (free via regular investing). Foreign exchange is charged at 1% on the first £5k, tiered lower above. Fees verified July 2026 against Hargreaves Lansdown's published charges.

What is Hargreaves Lansdown's dealing fee?

Hargreaves Lansdown charges £6.95 per trade (cut from £11.95 in March 2026) to buy or sell shares, ETFs and investment trusts. Fund dealing is £1.95 per trade (free via regular investing). March 2026 changes cut the fund platform fee from 0.45% to 0.35% and share dealing from £11.95 to £6.95, but introduced a new £1.95 fund dealing charge.

What does a Hargreaves Lansdown Stocks and Shares ISA cost?

On Hargreaves Lansdown's Stocks and Shares ISA: Platform fee applies. The underlying platform fee is 0.35% on funds up to £250k (tiered lower above); shares capped at £45/year in an ISA and £150/year in a SIPP. You can start with £25/month or £100 lump sum. It is not a flexible ISA, so money you withdraw still counts against your annual allowance.

What are Hargreaves Lansdown's SIPP charges?

Hargreaves Lansdown offers a SIPP. On the SIPP: Platform fee applies. Dealing inside the SIPP is charged at the same £6.95 per trade (cut from £11.95 in March 2026) for shares and £1.95 per trade (free via regular investing) for funds. Withdrawals are free.

Is Hargreaves Lansdown safe, and is my money protected?

Your cash is protected by the FSCS up to £120,000. Your investments are ring-fenced in your name, held separately from the firm's own assets, so they remain yours if the firm fails, with FSCS cover of up to £85,000 for any shortfall. Authorised and regulated by the FCA.

Is Hargreaves Lansdown any good?

Hargreaves Lansdown scores 4.3 out of 5 on Trustpilot (Excellent) from over 21,000 reviews. Service quality is the recurring theme: phone answered quickly, knowledgeable staff, smooth transfers. Price. Even after the cuts, reviewers and commentators note cheaper alternatives for the same investments. It suits investors who want the fullest service, research and support and will pay a premium for it.

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