Lloyds Bank
Fee Breakdown

Full fee schedule, pros, cons, and how Lloyds Bank compares to other UK platforms.

Category Flat fee
Account types ISAGIASIPP
Investments FundsETFsUK SharesIntl Shares
SIPP drawdown Yes
⚠ FSCS group: This broker shares FSCS investment protection with other brands in the lloyds group. Combined limit of £85,000.
Fee data last verified: February 2026

Fee schedule

Platform fee£0
SIPP fee0.25% (max £198)
Fund trading£1.50
ETF trading£9.50
Share trading (UK)£9.50
Regular investingFree
FX rate1.00%
Entry/exit fees£0
Cash interestCheck with provider

Pros

Low platform fee at £36/year
Cheap fund trades at £1.50
Well-established high street bank

Things to know

High ETF/share trading fee (£9.50 UK)
Same FSCS entity as Halifax, BoS, and Scottish Widows

Ratings

Customer Service3/5
Ease of Use3/5
Investment Range4/5
Track Record5/5
Free for 18-25 or private banking. SIPP is 0.25% up to max £198. Same FSCS entity as Halifax, BoS, Scottish Widows.
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