Question for fee diff between hargreaves lansdown vs Interactive Investors Question for fee diff between hargreaves lansdown vs Interactive Investors
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  1. #1

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    Default Question for fee diff between hargreaves lansdown vs Interactive Investors

    Hi,

    Just comparing share threading on these two platforms. HL's fees looks a lot higher as they take percentage of your holdings compare to II's flat fee which also gives you a free trade. Would you agree?

    Could anyone also shed a light on FX conversion fees between these two when buying US shares? Am I correct to say that you pay %1 FX charge on HL but you do the currency conversion first on II which is 1.5% and then buy the shares. In that perspective HL seems to be more advantages?

    I am trying to make a decision between these two and would be good to learn your experience if you have used both.

    Regards,
    Kemal

  2. #2

    My post count is Majestic

    northernladuk has reached the peak. Play again?

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    Have you asked spoken to them asking them this?

    To be fair I aim to make so much dirty mulah from my investments the few points of a percent difference on rates will be irrelevant.

    HTH
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  3. #3

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    I opened an account with HL and noticed the FX charge after that. It wasn't mentioned in the fees section: ISA Charges & Fees For The Stocks & Shares ISA | HL

    They only seem to be answering messages because of the covid situation.

    Looking at II website, they support multi currency with %1.5 Fx conversion charge on smallish numbers but it is not clear if you buy US shares with sterling. It would be good to hear from anyone dealing on these platforms.

  4. #4

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    TheGreenBastard 's job has never been outsourced

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    If it's ISA level investing have you looked into Trading212?

  5. #5

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    Quote Originally Posted by TheGreenBastard View Post
    If it's ISA level investing have you looked into Trading212?
    Many thanks for this. I think I will go with Trading 212 as it looks to have no holding fee or FX charge.

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