E*TRADEvs
Hargreaves LansdownStock Broker Comparison
Two well-known brokers face off on wrappers, research depth, and platform capabilities. The outcome hinges on which features matter most to your investing style.
Key Differences
- 1HL provides ISA wrapper; E*TRADE does not.
- 2HL offers SIPP wrapper; E*TRADE does not.
- 3E*TRADE offers extended hours and advanced charting; HL does not.
Who should choose E*TRADE vs Hargreaves Lansdown?
Find out which stock broker best suits your investing profile.
Choose if…
Choose E*TRADE if you value commission-free stocks and ETFs and the Power E*TRADE platform.
Choose if…
E*TRADE vs Hargreaves Lansdown: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.3/ 5 | 4.3/ 5 |
| Min deposit | N/A | $1 |
| Spreads from | N/A | N/A |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | None |
| Deposit fee | Free |
E*TRADE vs Hargreaves Lansdown Stock Broker Pros & Cons
Pros
- Power E*TRADE platform with professional options analytics and strategy scanner
- Commission-free stocks and ETFs with $0.50/contract options for active traders
- Futures trading available on CME products from the same account
- Morgan Stanley analyst reports now included for account holders
- 40+ year operating history; SEC, FINRA, and SIPC regulated
Cons
E*TRADE vs Hargreaves Lansdown: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
E*TRADE
criteria wins
1
Hargreaves Lansdown
criteria win
Highlighted rows show where the two brokers differ
| Criteria | E*TRADE | Hargreaves Lansdown |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Fail |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | Pass |
| Costs | ||
| Commission-free trading | Pass | Fail |
| No deposit fee | Pass | Pass |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Pass | Pass |
| Extended hours trading | Pass | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Fail |
| Stock screener tool | Pass | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
E*TRADE vs Hargreaves Lansdown: Frequently Asked Questions
E*TRADE and Hargreaves Lansdown share the same editorial score of 4.3/5. One concrete differentiator: platform availability and account types differ between them.
Hargreaves Lansdown requires $1. Minimum deposit information is not currently available for E*TRADE.
Both E*TRADE and Hargreaves Lansdown hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
Minimum deposit and negative balance protection data are not confirmed for this pair. Both hold top-tier regulatory status, meaning client fund protections apply to both. Also compare demo account availability and educational resources on each broker's site.
E*TRADE lists maximum leverage of 1:4, while Hargreaves Lansdown lists up to 1:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
E*TRADE supports Proprietary Web/Mobile, while Hargreaves Lansdown supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile.
E*TRADE offers commission-free stock trading while Hargreaves Lansdown does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
Hargreaves Lansdown scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
