Hargreaves Lansdownvs
NAGAStock Broker Comparison
In this head-to-head between Hargreaves Lansdown and NAGA, the tension centers on cost, access, and long-term versus social trading capabilities.
Who should choose Hargreaves Lansdown vs NAGA?
Find out which stock broker best suits your investing profile.
Choose if…
Choose Hargre Lansdown if you want ISA and SIPP wrappers with full drawdown capability. You also benefit from a broad UK equity universe and proprietary research that informs decisions during market stress.
Choose if…
Choose NAGA if you want no minimum deposit and access to share CFDs across major US, UK, and European markets. You also gain Autocopy proportional copying of champions' equity portfolios.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
Hargreaves Lansdown vs NAGA: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.3/ 5 | 3.7/ 5 |
| Min deposit | $1 | No minimum▼ lower |
| Spreads from | N/A | 0.7 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | $10/month (after 90 days) |
| Deposit fee |
Hargreaves Lansdown vs NAGA Stock Broker Pros & Cons
Pros
- UK's largest retail investment platform with over £150bn AUA
- Broadest UK investment universe including AIM shares inside ISA
- Stocks & Shares ISA and SIPP with full drawdown capability
- Proprietary research team covering UK equities and funds
- FTSE 100-listed, FCA-regulated with FSCS protection
- Proven platform reliability during market stress events
Cons
Hargreaves Lansdown vs NAGA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Hargreaves Lansdown
criteria wins
3
NAGA
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Hargreaves Lansdown | NAGA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Pass | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Fail | Pass |
| Stock screener tool | Pass | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Fail |
Hargreaves Lansdown vs NAGA: Frequently Asked Questions
Hargreaves Lansdown rates 4.3/5 versus 3.7/5 for NAGA. Hargreaves Lansdown edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
NAGA starts from 0.7. Current spread data is not available for Hargreaves Lansdown. Check both brokers' websites for up-to-date spread and commission pricing.
NAGA has no minimum deposit, while Hargreaves Lansdown requires at least $1. This makes NAGA more accessible for traders with limited starting capital.
Both Hargreaves Lansdown and NAGA 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.
NAGA stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
Hargreaves Lansdown lists maximum leverage of 1:1, while NAGA lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Hargreaves Lansdown supports Proprietary Web/Mobile, while NAGA supports MetaTrader 5, NAGA Trader. Hargreaves Lansdown has exclusive access to Proprietary Web/Mobile. NAGA has exclusive access to MetaTrader 5 and NAGA Trader.
Neither Hargreaves Lansdown nor NAGA is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both Hargreaves Lansdown and NAGA are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
