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Which is better for beginner investor? Interactive investor or Hargreaves Lansdown

Which is better to use for beginner investor? Interactive investor or Hargreaves Lansdown in terms of breadth of financial products, price, research material and level of experience?

Reply 1

BurstingBubbles

Life & Style Forum Helper

Original post by CelaenSardothien

Which is better to use for beginner investor? Interactive investor or Hargreaves Lansdown in terms of breadth of financial products, price, research material and level of experience?

@Reue may know something about this, if they're still active? :tongue:

Reply 2

Reue

Original post by CelaenSardothien

Which is better to use for beginner investor? Interactive investor or Hargreaves Lansdown in terms of breadth of financial products, price, research material and level of experience?

Why would you take investing advice from the people selling the investments? They have a clear conflict of interest.

So your choice of platform should be entirely dependant on cost. And the costs will depend on what investments you are making and for how much.

HL is one of the most expensive investment platforms, there’s no reason to use them other than for their glossy advertising magazines they will begin spamming you with.