What is Hargreaves Lansdown
Overview
Hargreaves Lansdown is a UK-based investment platform offering trading in stocks, funds and ETFs, plus retirement planning and advisory services.
The service operates primarily for UK investors but is used by international clients for investment management and execution.
Core services
Core services include an online platform and mobile app for managing portfolios, research tools, and optional paid advice from financial advisers.
Fees, terms and operational details are published on HL's UK site and in their service terms and conditions.
How to cancel Hargreaves Lansdown
Options to submit a cancellation
- Send a secure message through your HL online account to request account closure.
- Email or write to HL's customer services with your account details and a clear request to close or transfer holdings.
- Post a signed written instruction to HL’s registered address if you prefer paper correspondence.
Step-by-step cancellation steps
- Gather identity documents and the account number you wish to close or transfer.
- Decide whether you want to transfer holdings out (an ACAT/transfer) or sell and withdraw cash.
- Submit your closure or transfer instruction via secure message, email or post and confirm completion with HL.
- Keep written confirmation and transaction references until funds or holdings arrive in the destination account.
What happens when you cancel
Access to account and data
On completion, your online access to the closed account will be removed or restricted.
HL retains records as required by regulatory rules; ask HL if you need copies of statements or tax records before closure.
Orders, holdings and timing
Pending orders should be cancelled before requesting closure; HL will not usually close accounts with unsettled transactions.
If you transfer holdings, transfers are processed without a charge but may take time depending on the destination provider.
Will I get a refund?
Refund policy summary
HL does not publish a standard 14‑day cooling‑off refund for its investment services; typical consumer-style refunds are not documented.
Because HL deals with financial investments, value can fall and refunds for investment losses are not standard practice.
Exceptions and reversals
- Where operational errors occur, HL's terms and conditions describe remedies; see HL's service terms for details: HL service terms and conditions.
- Ask HL promptly if you believe an error entitles you to a reversal; retain evidence and correspondence.
Hargreaves Lansdown plans and pricing
Availability of pricing
No exact prices in Indian Rupees (INR) are publicly listed for HL services; HL publishes fees in GBP on its UK site.
If you require specific pricing or GBP-to-INR guidance, contact HL directly or check HL's UK pricing pages.
Contact for accurate pricing
Because pricing varies by account type and service, confirm the applicable charges with HL before taking action.
For what HL says it does not charge, see: What HL do not charge for.
| Plan | Period | Price |
| Account closure | - | Contact for pricing (HL states account closures are free) |
| Transfer out of holdings | - | Contact for pricing (HL states transfers out are free) |
Your consumer rights in India
General consumer protections
Indian consumers are protected under the Consumer Protection Act and related regulations covering unfair trade practices and grievance redressal.
You have the right to seek redress for misrepresentation, poor service or contract disputes under Indian law.
Escalation and cross‑border issues
If you are in India and have an unresolved complaint with HL, first use HL's internal complaints process following their FCA-aligned procedure.
For cross-border disputes you may need legal advice; consider contacting consumer protection authorities or a financial services lawyer in India for guidance.
Customer experiences
Positive feedback
- Many users praise HL for knowledgeable staff, a user‑friendly website and ease of navigating portfolios.
- Reviews highlight a smooth app experience and suitability for low‑volume traders; sources include Trustpilot and GoodMoneyGuide: Trustpilot, GoodMoneyGuide.
Negative feedback
- Some customers report inconsistent customer support, difficulties withdrawing or changing nominated bank accounts, and slow resolution of complaints.
- Long-term users sometimes say fees and service levels have declined compared with earlier years.
Documentation checklist
Identity and verification
- Valid photo ID (passport or national ID).
- Proof of address (utility bill or bank statement dated within the last 3 months).
Account and transfer details
- Your HL account number and full registered name as on the account.
- Destination account details for transfers (name, account number, sort code/IBAN as required).
- Signed closure or transfer instruction if sending by post.
Common mistakes
Not cancelling pending orders
Users sometimes request closure while trades are unsettled, causing delays or rejected closure requests.
Before requesting closure, cancel any pending orders and confirm settlement of recent trades.
Incorrect bank details or missing signatures
Providing incorrect nominated bank details or unsigned forms leads to failed withdrawals or slower processing.
Always double‑check account numbers and include signatures where required, and keep copies of any posted documents.
Comparative recap
Quick comparison
| Feature | Hargreaves Lansdown | Period |
| Account closure fee | No charge for account closure submitted via web, email or post | 2024 - 2025 |
| Transfer out fee | Transfers out of HL accounts are stated as free | 2024 - 2025 |
| 14‑day cooling‑off / refunds | No standard 14‑day consumer refund documented for investment services | 2024 - 2025 |
| Customer feedback | High average Trustpilot scores but some complaints over customer service consistency | 2024 - 2025 |
| Complaints handling | Follows FCA guidelines with summary resolution targets; unresolved cases can go to the Financial Ombudsman | 2024 - 2025 |
After cancelling
Confirmations to expect
Keep any confirmation emails, secure messages or postal acknowledgements from HL after your closure or transfer completes.
Check that funds or transferred holdings have arrived at the destination before destroying records.
Helpful links and next steps
Address
Registered office
Hargreaves Lansdown
One College Square South, Anchor Road, Bristol, BS1 5HL, United Kingdom
Contact notes
If posting instructions, include your HL account number and a clear signed request to close or transfer the account.
For urgent or complex matters, use HL’s secure messaging or the published complaints route to ensure a tracked response.