Hargreaves Lansdown Customer Reviews & Expert Rating

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3.8

1,760 Good Money Guide reviewers have given this provider an average rating of 3.8 out of 5 based on their genuine experience.

Excellent27%
Very good38%
Average24%
Poor7%
Terrible4%

Good service

23rd December 2024

one of the very few services that allows for some investments… It could be improved and made even more powerful (i.e. investments in other currencies) but really probably the best platform for easy access and universe of investments possible!

Gianluca Spinetti
Verified

Not as good as they used to be

23rd December 2024

I’ve used HL for more than 10 years. They used to be low cost. Customer service was excellent. Online platform was great. Still not bad, but other platforms are now cheaper. Slower to resolve the occasional problem.

richard tomlinson
Verified

Cheap and easy to trade with, but lacking advanced features for active traders

8th December 2024

Hargreaves Lansdown are good value for those that are low volume traders of stocks. If you hold funds then they are not such great value because of the admin fees that they charge. However, they don’t charge dealing fees on funds which is a good point. A negative thought is that fund trades have to be placed by 9am or 8am for some in order to receive that day’s valuation price. Many other brokers have a cut-off time of 11am-11.30am. HL are also one of the slowest to update fund prices – if you check Fidelity, Morningstar or AJ Bell, at 4pm, most fund prices are update, whereas HL take until 6pm or later.

The process of placing a deal with HL using the app is the best of many brokers that I have used as it is so smooth and quick. Very quick to login. However, there are many small companies, foreign companies or investment trusts that don’t load up on the app and only can be viewed or traded on the desktop website.

The app and website are my first choice for checking share prices and news/RNS releases for UK stocks. Historical performance indicators are good too. However there is no provision of key metric data like P/CF, Forward P/E, Debt/Equity, Quick ratio, current ratio, Free cash flow yield, ROCE, ROE, ROA etc so I have to go to Reuters or other sites to check such details.

HL has always been very unaccommodating for those who wished to subscribe to IPOs or share offers, I have found other brokers providing access to new IPOs but HL will not.

They also have a strange system whereby they put dividends you receive into a hidden account and then only 2 weeks later transfer them to your capital account to allow you to trade with that cash.

Watchlists are very good in providing current prices and being well layed out.

It would be good if we could see futures prices for US markets and individual stocks in the morning when the UK is open. I have to check marketwatch or investing.com for that.

Why can’t you make charts with HL of different stocks all on the same chart?

The total return chart function is great for funds but why can’t that be extended to longer than 5 year periods and for stocks as well?

Elie Gabay
Verified

Excellent App but high buying fees

4th December 2024

HL is an excellent platform as it’s easy to use and set up. It does however have rather large fees when buying a share. Considering the number of clients they have I’m surprised they remain high and is the reason I am looking for an alternative for my Stocks and Shares ISA

Neil Rimmer
Verified

My trust in their knowledge is key

4th December 2024

When you are a newbie to investing, it can be overwhelming, there are sharks in the tank that you need to avoid, along with many obstacles to overcome. While no financial organisation can deliver guidance with a crystal ball – I have found Hargreaves’s Lansdown to operate with expertise and business integrity with a focus on client satisfaction. This has led me to confidently invest in a safe and secure environment with top class educated guidance. I don’t think you can do better than that.

Holly Jordan
Verified

Great value for Junior ISAs

4th December 2024

Set up Junior ISAs for my kids last year with 0% commission on all trades into and out of the Junior ISAs has been an excellent way to get them started in investing. I use other resources for keeping track of my portfolio but the overall service provides excellent value for money.

John Zachary
Verified

SAFE AND SECURE LIKE A TRUSTED OLD FRIEND

28th November 2024

I have been a customer of Hargreaves Lansdowne for many decades, and I use the platform to manage my stocks and shares ISA, my SIPP, plus my Fund and Share Account.

The platform is easy to navigate

The choice of investments is wide ranging.

The customer service is very good, though not as good as it used to be since a cost saving exercise about a year ago.

Obviously, other platforms are cheaper, and for that reason I cannot give it five stars.

It is safe and secure like a trusted old friend, and long may that continue.

James Gray
Verified

No fees on JISA is Great – Webstite Needs Improvement

27th November 2024

Love the lack of fees on the product for the junior ISA. Really draws me in to make the most of the contributions that are made to it. However I really don’t enjoy using the HL website to manage the JISA. It lacks a lot of the ease of use that you find in other products e.g. Invest Engine, Trading 212 that HL should be able to compete with. Just changing my contribution / d

Justin
Verified

Good

26th November 2024

Good service speed, feedback clear website

Neil Andrew harrison

Investors

26th November 2024

My Friend made a small investment in Hargreaves Lansdown PLC . They are a United Kingdom-based digital wealth management service administering company. The Company provides a range of services, including stocks and shares individual savings account (ISA), Self-Invested Personal Pension (SIPP), share dealing, fund dealing, drawdown, cash savings, lifetime ISA and junior ISA.

There is so much to like about this company. They have money in the bank. The returns are enormous with ROC of 50% ROE of 46% and a healthy margin of 48%. Gearing is low. Liquidity is good. Analyst sentiment is reasonably positive. The fundamentals are excellent . Revenue is increasing . Operating profits are steady. Cash flow and working capital are all good.

I had a few reservations. New investment last year was 38% down year on year. However, this is understandable in a cost of lockdown crisis. In addition, compared to their peers, such as AJ Bell, they are not doing that badly.

Another drawback is that HL are not competitive for those who are just getting started with investing. Investors with a large portfolio are ok because of the platform fee cap. However, HL could well lose out to new platforms offering commission free trading and no platform fees.

I like the sound of the new CEO and a potential British ISA may bring in more clients.

All in all, this is a quality company that I bought at a low price (P/E 11) with a great dividend story (expected 6.6% this year). which they have consistently paid over the past 8 years: with no share dilution.

This will be a stock that I will hold and enjoy the dividend and probable capital accumulation

Kashif Zafar

Will be transferring a JISA here as it is fee free!

26th November 2024

I will be transferring a JISA to HL as it is fee free and also pays interest on any cash held which my current provider does not.

Kishan
Verified

Stocks & Shares JISA

26th November 2024

Been using HL to invest for my daughter’s future. All transactions are quick and simple to execute. Buy & sell orders fulfilled smoothly. I also was impressed with their customer service and help in transferring in a cash JISA from Nationwide. The application process was easy and the response was swift.

Raj
Verified

Reliable and User-Friendly, but High Fees Make It Worth Exploring Alternatives

26th November 2024

I’ve been a Hargreaves Lansdown customer for many years, and the platform does exactly what it says on the tin. It’s generally user-friendly, reliable, and offers a wide range of investment options and app. However, it is undeniably expensive compared to other platforms. The fees add up, especially if you’re an active investor. While I plan to continue using it for now, the market has become increasingly competitive, and it’s worth exploring other options that offer similar functionality at a much lower cost.

Ryan Letley
Verified

HL is not acting in my best interests, I have been waiting over 6 weeks for my drawdown funds.

30th October 2024

HL pensions staff have not been helpful, open or transparent with my drawdown application. I am still waiting after 6 weeks and have no confidence in their internal work processes. HL are not acting in my best interests.

I wish I had checked Good Money Guide and other sites before as others have experienced similar issues. Delayed payment appears a deliberate HL policy.

Ronald Keith Sainsbury

Hargreaves Lansdown Excellent

27th October 2024

HL currently is a market leader to my investment experience. Top service, top platforms, safe an secure with a large portfolio and great analytics. I would recommend.

Jolita Hallas

Easy to use app. Moderate plans

26th October 2024

App is pretty intuitive and decent value

Mark Hyde

Investment guide

25th October 2024

I’ve been following Hargreaces Lansdown it has been helpful to understand present money and investing guide.

Prajwal

Good and safe

25th October 2024

They hold my shares. It’s an easy website to navigate.

Daphne MacFarlane

Excellent service

25th October 2024

I like the HL app which allows me to follow markets and my investment with ease. It was also very simple to set up.

Amanda WESTWOOD

investments

25th October 2024

professional competent and efficient

keep you updated trustworthy

Anokh

Expert Review
Good Money Guide Recommended 2025

Name: Hargreaves Lansdown

Description: Founded in 1981 Hargreaves Lansdown is one of the largest investment platforms in the UK. They offer investing, savings, ISAs and SIPP account to over 1.8 million clients with 142bn in assets under management.

Is Hargreaves Lansdown a good broker?

Yes, Hargreaves Lansdown is one of our best-rated stock brokers and investment platforms. HL offers access to a huge range of investment types, through a wide range of general and tax-efficient accounts and is suitable for almost all types of investors.

I always think of Hargreaves Lansdown as the Waitrose of the investing world. Yes, it may be a bit pricier sometimes, but I think it’s just a nicer, safer place to shop for stocks.

Pros

  • Wide range of investments and accounts
  • Top-notch customer service
  • Excellent research and analysis

Cons

  • There are cheaper options for fund investing
  • Limited portfolio hedging tools
  • Pricing
    (4.5)
  • Market Access
    (5)
  • Online Platform
    (5)
  • Customer Service
    (5)
  • Research & Analysis
    (5)
Overall
4.9

Capital at risk

Hargreaves Lansdown Facts & Figures

⬜ Public Company✔️
👉 Number Active Clients1,800,000
💰 Minimum Deposit£1
💸 Client Funds£142 billion
📅 Founded1981
Account Costs
👉 Investment Account
0%
👉 SIPP
0.45%
👉 Stocks & Shares ISA
0.45%
👉 Junior ISA
0%
👉 Lifetime ISA
0%
Dealing Costs
👉 UK Shares
£11.95
👉 US Stocks
£11.95
👉 ETFs
£11.95
👉 Bonds
£11.95
👉 Funds£0

Capital at risk

Share Dealing

Hargreaves Lansdown is cheaper than you think for share dealing

In our HL share dealing review below, we explain how much Hargreaves Lansdown charges for buying and selling shares and how they compare to other share dealing platforms.   Richard BerryRichard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a

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OEICs Open-Ended Investment Company

How much does OEIC investing cost on Hargreaves Lansdown?

It’s free to buy and sell OEIC (open-ended investment companies) on Hargreaves Lansdown, but there is an ongoing charge. In our HL OEIC review below we go through the charges and specifics about investing in open-ended investment companies with Hargreaves Lansdown. There is no charge for buying and selling open-ended investment companies. Accounts are charged

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Hargreaves Lansdown Lifetime ISA

Is Hargreaves Lansdown A Good LISA (Lifetime ISA)?

Yes, Hargreaves Lansdown’s Lifetime ISA is a great way to take advantage of the 25% government bonus with you £4,000 Lifetime ISA allowance as fees are low and there are a huge amount of markets to invest in. When you deposit money into a Hargreaves Lansdown lifetime ISA, the government will top that amount up by

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ETF Investing Platforms

Is Hargreaves Lansdown good for ETF Investing?

We rate Hargreaves Lansdown as one of the best ETF investment accounts as HL has access to a huge range of UK and international Exchange Traded Funds. Plus the costs of holding ETFs are capped as they fall into their stocks and shares category. Hargreaves Lansdown’s ETF platform offers a huge range of exchange-traded funds tailored

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currency hedging for business

Does Hargreaves Lansdown offer currency transfer services?

Yes, you can transfer currency abroad with Hargreaves Lansdown, but not directly, HL uses a specialist third-party currency specialist to facilitate international payments. Here’s a look at its currency transfer services in more detail. Currency transfers with Hargreaves Lansdown If you want to use Hargreaves Lansdown’s currency transfer services, you need to open a currency

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How to get the best rates from Hargreaves Lansdown Cash ISA

To get the best rates from a HL Cash ISA, Hargreaves Lansdown offers a different type of cash ISA, allowing you to save tax-free giving you a different way to access your money across a range of different bank accounts. In this review, we explain what it is and if it’s any good. Richard BerryRichard

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Hargreaves Lansdown Junior ISA

Hargreaves Lansdown Junior ISA (HL JISA)

Richard BerryRichard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape. Having worked as a broker at Investors Intelligence and a multi-asset derivatives

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Hargreaves Lansdown App

Hargreaves Lansdown app now allows users to open ISAs

Stock broker Hargreaves Lansdown has recently improved it’s app and now allows users to open several products directly. The HL app now allows clients to open its ISA, LISA and Fund & Share accounts through the app, with more products to become accessible shortly. In a LinkedIn post revealing the update, Hargreaves Lansdown product leader Michael

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Hargreaves Lansdown Review

Hargreaves Lansdown Global Income fund targets DIY investors

The launch of the Hargreaves Lansdown Global Income fund brings another easy-to-use portfolio building tool to do-it-yourself investors on the platform. The new Global Equity Income fund invests in a portfolio of dividend-paying companies around the world favoured by selected expert managers. The strategy seeks to strike a balance between risk and return and offers

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Hargreaves Lansdown Active Savings

Hargreaves Lansdown clients swap investments for cash

Hargreaves Lansdown clients have been switching their investments to cash, the broker stated in its most recent quarterly trading update. Client cash balances at the firm rose to £12.7 billion during the three months to the end of September, up from £12.4 billion at the end of the first quarter of the financial year. Hargreaves

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Hargreaves Lansdown Review

Hargreaves Lansdown Versus Interactive Investor

Is it time to move your money away from Hargreaves Lansdown? Hargreaves Lansdown has been making headlines recently. This is due to the fact that the firm – which operates the largest investment platform in the UK with nearly two million customers – has received multiple bids from a private equity consortium (good news for long-term

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Buying UK Government Gilts

Hargreaves Lansdown and Interactive Investors open up UK Gilt auctions to retail investors

Hargreaves Lansdown and Interactive Investor two of Britain’s largest stockbrokers, and direct-to-consumer investing platforms, are opening up the UK Gilt-edged or government bond market to retail traders and savers. HL & II are partnering with one of the UK’s largest domestic market makers, Winterflood Securities, to offer retail traders and investors access to DMO auctions

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Hargreaves Lansdown

Are Hargreaves Lansdown in trouble because of short sellers?

Hargreaves Lansdown is one of Britain’s largest stockbrokers and retail investment platforms helping millions of retail investors manage their savings investments and stock trading. So there is a certain amount of irony that the stock should be in the sights of that most speculative group of market participants, the short sellers. Why would you short-sell

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Hargreaves Lansdown Review

Hargreaves Lansdown announces a new ready made pension plan for SIPP holders

The UK’s largest direct-to-consumer investing platform and stockbroker Hargreaves Lansdown has announced that it plans to introduce a new all-in-one investment plan for the firm’s Self-Invested Personal Pension or SIPP. Hargreaves Lansdown Ready Made Pension Hargreaves Lansdown hopes will remove “ a lot of the difficult decision-making” that clients face, when they try to pick

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Hargreaves Lansdown

Hargreaves Lansdown now offers ready-made and managed investments

Ready-Made Index Funds and Managed Hargreaves Lansdown Investments are now available on HL for those who want a bit of help with their investments. A new range of index funds were made available from June 6th and complement the firm’s existing HL-managed ready-made fund range that was launched in 2023. The four new Hargreaves Lansdown

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Hargreaves Lansdown

Hargreaves Lansdown cut direct debit & dividend reinvestment fees

Hargreaves Lansdown, one of the UK’s largest brokers and direct-to-consumer investing platforms,  has removed fees for investors who invest regularly via direct debit and reinvest their dividend payments. Reducing direct debit and dividend reinvestment fees As of Tuesday, April 11th customers who invest regularly via direct debit payments to Hargreaves Lansdown, will no longer be

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Hargreaves Lansdown Financially Fearless

Hargreaves Lansdown launches Financially Fearless

Hargreaves Lansdown has launched “Financially Fearless” a new initiative to coincide with International Women’s Day,  that aims to help close the gender investment gap between men and women. What is the gender investment gap? Men and women invest differently, men have historically been more inclined to invest, and have had more money to invest when

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Hargreaves Lansdown

Why is the Hargreaves Lansdown falling? (LON: HL)

Hargreaves Lansdown is a leading investment platform in the UK Stock is stuck in a bear trend due to macro uncertainty LON:HL remains profitable; watch to buy on a further setback When Peter Hargreaves and Stephen Lansdown started their financial venture back in 1981 in Bristol (reputedly in Peter’s bedroom!), few would have anticipated the financial colossus

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Hargreaves Lansdown

Hargreaves Lansdown’s trading update disappoints the market

The Hargreaves Lansdown (LON:HL) trading update showed net new business in Q1, worth £0.70 billion, though that figure was below analysts’ forecast of £0.85 billion. AUA or assets under administration rose to £122.70 billion as a result The D2C investing giant attracted 17,000 new customers in the first quarter and now has 1.754 million clients

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Hargreaves Lansdown Active Savings

Hargreaves Lansdown adds Santander to its Active Savings service

Hargreaves Lansdown, the UK’s largest investment and savings platform, has added Santander International to its Active Savings lineup. Santander International is the trading name for the Jersey and Isle of Man branches of Santander Financial Services plc, which in turn is a wholly-owned subsidiary of Santander UK Group Holdings plc, which itself is part of

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Hargreaves Lansdown

Jefferies highlights the challenges of old age at Hargreaves Lansdown

US investment bank Jefferies has published a research note on the UK’s largest and some argue best investment platform, Hargreaves Lansdown. Jefferies has updated their coverage of Hargreaves Lansdown in an 11-page note the upshot of which is that the broker has downgraded the investment platform to underperform from its prior rating of hold, and

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Hargreaves Lansdown boosts its Cash ISA interest rates

Hargreaves Lansdown the UK’s largest D2C savings and investment platform has raised the interest rate available to new Cash ISA customers. Hargreaves Lansdown cash ISA interest rates Hargreaves Lansdown has raised the interest rates that new customers can expect to receive on cash ISAs at the firm. The rate has been hiked by 20 basis

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Hargreaves Lansdown bets on data and ESG, with a human touch

Hargreaves Lansdown the UK’s largest D2C investment and share trading platform, published interim results for the 6 months until the end of Dec 2021, this morning. Client funds up 17% The earnings release showed net new business of £2.30 billion taking assets under administration to £141.20 billion, a gain of +17.0% over the same period

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Hargreaves Lansdown

Is Hargreaves Lansdown’s keeping up with the cool kids?

The last 18 months have been a period of strong growth for investment platforms and businesses within financial services particularly those that meet the needs of retail clients. Or so we thought because, despite headlines about sharply increased online trading activity and thousands of new accounts being opened, that hasn’t translated into increased profitability at

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Hargreaves Lansdown

Hargreaves Lansdown between the rock and the hard place

The UK’s leading retail investment platform, Hargreaves Lansdown reported figures for the full year ending 30th of June 2021 this week, and though the headline numbers looked impressive, as is so often the case the devil was in the detail. HL net new business grew by £8.70 billion and assets under administration, or AUA rose

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Peter Hargreaves Blue Whale Capital

Peter Hargreaves, Chairman of Blue Whale Capital on investment strategies and the importance of investing in the next generation of fund managers

What do you do when you’ve stepped away from a FTSE 100 listed investment firm valued at around £9 billion you set up and have run for nearly four decades? Evidently, you set up another one. That’s what Peter Hargreaves the co-founder of Hargreaves Lansdown has done with Blue Whale Capital. Sometimes doing these interviews

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Hargreaves Lansdown FAQs

Yes, we rate Hargreaves Lansdown as one of the safest share dealing accounts in the UK because they are well established, listed on the London Stock Exchange, and regulated by the FCA. Hargreaves Lansdown is also a profitable company with millions of private and corporate customers.

As an FCA-regulated stock broker, if Hargreaves Lansdown were to go bust, client cash on account would be protected by the FSCS scheme. Client investments are held in nominee accounts on CREST and can be transferred to another FCA-regulated investment platform.

Yes, Hargreaves Lansdown is considered one of the more expensive trading apps, as they charge a commission per share deal as opposed to commission-free investing apps like Freetrade, CMC Invest or Dodl, where it is free. Hargreaves Lansdown is also very expensive for holding funds on account as there is no cap on their fund account charge. Whereas, AJ Bell fund fees are capped and Interactive Investor charges a flat monthly subscription.

Hargreaves Lansdown is a public company listed on the London Stock Exchange meaning anyone can buy shares. But only around 25% of HL shares are traded on the LSE as 75% of the company is still owned by the founders Peter Hargreaves, and Stephen Lansdown and employees. You can see the breakdown of Hargreaves Lansdown shareholders in our HL share price performance section.

Yes, Hargreaves Lansdown offers access to a huge range of UK-listed Government and corporate bonds that you can invest in to build an income-generating portfolio. We actually used Hargreaves Lansdown to demonstrate buying Retail Charity bonds when we reviewed them.

No, you cannot buy commodities directly on Hargreaves Lansdown directly, to do that you need a commodities broker. But, you can invest in commodities on HL through a commodity ETF which is listed on the stock exchange like the Legal & General Longer Dated All commodities UCITS ETF (CMFP).

No, you cannot buy fractional shares on Hargreaves Lansdown, you can only buy whole shares, ETFs and units of funds. If you want to invest in small slices of company shares or want to invest in monetary amounts rather than shares you can compare the best brokers for fractional shares investing here.

No, you cannot trade options on Hargreaves Lansdown. I view this as quite a significant disadvantage because options are a great way to hedge your long-term investment portfolio against potential short-term stock market falls. If you want to trade or invest with options you can compare the best options brokers here.

No, you cannot buy or invest in gold directly on Hargreaves Lansdown, to do that you need a gold trading platform. But, you can get exposure to gold and invest in a gold ETF that tracks the price of the gold and can be bought and sold on the Hargreaves Lansdown platform just like shares for example, SPDR Gold Trust, iShares Gold Trust or Aberdeen Standard Physical Gold Shares ETF.

No, you cannot short stocks or go short on the Hargreaves Lansdown platform. But if you think that the Hargreaves Lansdown share price will go down it is possible to short Hargreaves Lansdown shares with a short-selling broker using CFDs, options or financial spread betting. However, if you want to go short the overall stock market to hedge your portfolio held at Hargreaves Lansdown you can buy an inverse ETF (which goes up when the market goes down) like

Absolutely not! Hargreaves Lansdown is a traditional stock brokerage and is most suitable for those investing in the long term. Cryptocurrency is a very high-risk product and not apprapriate to hold alongside ISA or SIPP accounts. Having said that, the SEC has recently approved a Bitcoin ETF, which can be bought and sold on the stock market, so some UK investors may be able to buy cryptocurrency on HL if they pass the sophisticated investor threshold.

Capital at risk
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