Personal Finance

Hargreaves Lansdown fees and investment costs - UK guide 2026

Emma-Jane Stogdon

07.01.26

Read time 3 minutes

Considering investing with Hargreaves Lansdown? It’s a popular investment platform here in the UK, offering a wide range of products including Stocks and Shares ISAs, pensions and general investment accounts.

Before you create an account and start investing, you’ll need to know about Hargreaves Lansdown’s fees and investment costs. This can help you compare HL to other providers and make sure you’re getting the best deal.

We’ll run through all costs below, including account fees, FX charges, dealing costs, withdrawal fees and more.

We’ll also show you how to minimise or avoid them altogether, using multi-currency solutions such as Wise.

➡️ Learn more about the Wise account

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in. Tax treatment depends on your individual circumstances and may be subject to future change. The content of this article is provided for informational purposes only and is not intended to be, nor does it constitute, any form of personal advice.

Investments in a currency other than GBP are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in GBP terms. You could lose money in GBP even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

Hargreaves Lansdown account fees

The pricing structure at Hargreaves Lansdown is reasonably straightforward, with most account types having similar fees. This includes HL’s Fund and Share Account (a general investment account), Stocks and Shares ISA and Self-Invested Personal Pension (SIPP).

The fee varies according to the amount you have invested with the platform, as well as what you’re investing in.

Here are the main Hargreaves Lansdown fees and investment costs you need to know about:¹

	Account fee - funds	Account fee - shares, ETFs and other investments
Fund and Share Account	Up to 0.45%	None
Stocks and Shares ISA	Up to 0.45%	0.45% (max. £45/year)
Self-Invested Personal Pension (SIPP)	Up to 0.45%	0.45% (max. £200/year)
Lifetime ISA	Up to 0.25%	0.25% (max. £45/year)

All fees correct at time of writing.

For the Fund and Share Account, Stocks & Shares ISA and SIPP, all account fees for funds are divided into bands based on the value of your investment:¹

£0 to £250,000 - 0.45%
£250,000 to £1m - 0.25%
£1m to £2m - 0.1%
Over £2m - No charge.

The Lifetime ISA is similar:¹

£0 to £1m - 0.25%
£1m to £2m - 0.1%
Over £2m - No charge.

Hargreaves Lansdown trading fees

Like some other investment platforms, Hargreaves charges a dealing fee every time you buy or sell shares. This fee is also charged for transactions relating to investment trusts, exchange-traded funds (ETFs), gilts and bonds.

This is between £5.95 and £11.95 depending on how many deals you completed on the platform in the previous month:¹

0 to 9 deals - £11.95 per deal
10 to 19 deals - £8.95 per deal
20+ deals - £5.95 per deal.

So the more you trade on the platform, the cheaper the fees will be for future transactions.

Does Hargreaves Lansdown charge withdrawal fees?

No, Hargreaves Lansdown doesn’t charge fees for withdrawing your money. There are also no charges for:²

Transfers out (as stock or cash)
Closing your account
Limit orders
Quarterly statements and valuations.

Does Hargreaves Lansdown charge foreign exchange fees?

Yes, Hargreaves Lansdown does charge foreign exchange (FX) fees when you trade overseas stock. This is for converting the share price into GBP.

This charge varies depending on the value of the transaction:³

Transaction value	FX fee
First £5,000	1%
Next £5,000	0.75%
Next £10,000	0.50%
£20,000+	0.25

All fees correct at time of writing.

Why a Wise account is a must-have for global investors

When trading on overseas markets, the FX fees charged by investment platforms can soon add up - and start eating into your returns.

There is a solution though - you can use Wise to avoid or minimise foreign exchange fees when investing.

Open a Wise account and you can access local account details in USD, EUR, GBP, AUD and more. This means you can hold funds in your chosen currency until you’re ready to invest, then use your Wise account to fund your transaction on Hargreaves Lansdown or your chosen investment platform.

You can even set up exchange rate alerts so that you can wait for the time and the rate that suits you.

💹 Set up rate alerts

To convert currencies within Wise, you’re guaranteed mid-market exchange rates and low, transparent fees starting from just 0.33%*.

This gives you full control over FX, and could end up saving you money.

➡️ Learn more about the Wise account

Sources used:

1. Hargreaves Lansdown - charges and fees
2. Hargreaves Lansdown - things HL doesn’t charge for
3. Hargreaves Lansdown - FX fees

Sources last checked 15-Dec-2025

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.