- Experts consistently rate Hargreaves Lansdown's Stocks & Shares ISA as one of the best in the industry, particularly for investing in individual shares. They highlight the extensive range of investment options and exceptional customer support, while noting that the platform can be expensive for larger fund portfolios.
- Across 1779 user reviews on Good Money Guide, averaging 3.8/5, customers frequently commend the user-friendly app and website, along with the quality of customer service. However, some users express concerns about high fees and issues with account management, indicating a mix of positive experiences and frustrations with the platform's processes.
Hargreaves Lansdown Stocks & Shares ISA Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Hargreaves Lansdown Stocks & Shares ISA across five key areas of our review framework.
- Pricing4.5
- Market Access5.0
- App & Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- Thousands of UK and international shares, bonds & funds
- Ready-made portfolios with different levels of risk
- Excellent research and analysis
- An established and listed company on the LSE.
Cons
- Can be expensive for large fund portfolios
See full expert review
Our verdict
Hargreaves Lansdown’s Stocks & Shares ISA offers access to a vast range of investments. Investors have access to domestic and international equities, over 4,000 funds, bonds, and more. Another advantage is that the platform offers plenty of research and investment tools to help you make investment decisions.
Capital at risk.
Is Hargreaves Lansdown's Investment ISA: Is it any good?
Yes, we consistently rate Hargreaves Lansdown's stocks and shares ISA as one of the best in the industry, particularly if you are investing in individual shares. You can also invest in a cash ISA through their Hargreaves Lansdown Active Savings account.
Hargreaves Lansdown was ranked as the best self-select investment ISA in 2023 in our awards, as they offer a huge range of investment options backed up by industry-leading customer support and research.
Popularity: Hargreaves Lansdown's Investment ISA is incredibly popular with over 955,000 stocks and shares ISA currently active.
Fun fact: An HL ISA is gets opened or topped up via the website or app every 6 seconds during the busiest hour on the last day of the tax year (between 3pm-4pm).
Special Offer: As it's ISA season, until 5 April 2025, Hargreaves Lansdown (HL) is offering any new or existing clients transferring or contributing a minimum of £10,000 into a newly opened HL Stocks & Shares ISA and/or SIPP cash back between £100 and £3,000. Clients transferring into an existing HL Stocks & Shares ISA / HL SIPPs are also eligible.
In addition, clients topping up their HL Stocks & Shares ISA, Lifetime ISA, Cash ISA or SIPP by a minimum of £3,500 in one single product, will be automatically entered into a prize draw for two chances to win £50,000.
Fees: Hargreaves Lansdown’s ISA costs 0.45% of the value of your portfolio. However, share account fees are capped at £45 per year. Funds are charged at 0.45% for the first £250,000. There is no charge for buying funds, but shares are charged at £11.95 per deal or £5.95 if you do over 20 deals per month.
Automatic Regular Investing
The latest research from Hargreaves Lansdown highlights just how important it is to invest in an ISA as if you invested your full allowance (£20k) in a stocks and shares ISA over ten years, a basic rate taxpayer could save £8,521 in tax, a higher rate taxpayer £19,336 and an additional rate taxpayer £21,358.
Joseph Hill, a senior investment analyst, Hargreaves Lansdown: said that“Albert Einstein called it the eighth wonder of the world, and compound interest has something in common with other wonders of the world – to most people it’s mysterious and beyond comprehension. We asked people what they’d end up with if they invested £10,000 for a year, and their investments grew at 8%, compounded daily. Just 28% of people got the answer right. The most common answer was £10,800 – which is 8% growth without compounding. The actual answer was £10,832.
Hargreaves Lansdown suggests that people reinvest their stocks and shares ISA profits in income funds like Artemis Income and Fidelity Global Dividend funds. Becuase income funds are not just for those needing an income today, they can be a great way of seeing compounding in action if investors reinvest the income.
This can increase the number of units held in the fund, growing the value of an investment and repeating this process over a long period can be a great way to grow capital.
Customer reviews for Hargreaves Lansdown
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 1,779 reviews
- Excellent27%
- Very good38%
- Basic24%
- Poor7%
- Bad4%
Read customer reviews
Richard 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 broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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