Stockbrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

Halifax vs Alliance Trust Savings 2020

Your capital is at risk.
Is Halifax better than Alliance Trust Savings? After scoring UK share dealing accounts in six areas for our 2019 review, Halifax is better than Alliance Trust Savings. Halifax offers competitive pricing for reoccurring and infrequent traders, sound charting, and proper research. That said, Halifax provides no dedicated mobile application and, overall, trails industry leaders.

Overall Rating

Feature Halifax Alliance Trust Savings
Overall 3.5 3.5
Halifax Review Alliance Trust Savings Review

Trading Fees

Feature Halifax Alliance Trust Savings
Share Trading: 0-9 Deals/ Month
£12.50 £9.99
Share Trading: 10-19 Deals/ Month
£12.50 £9.99
Share Trading: 20+ Deals/ Month
£12.50 £9.99
Annual Custody Fee: £0 - £250,000*
£0 £120.00
Bonds - Government (Gilts) - Fee
£25.00 £9.99
ETFs - Fee
£12.50 £9.99
Investment Trusts - Fee
£12.50 £9.99
Telephone Dealing Fee*
£25.00 £50.00
Commissions & Fees 3 4
Winner check_circle

Platforms & Tools

Feature Halifax Alliance Trust Savings
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
No No
Android App
No No
Stock Alerts
Yes No
Charting - Indicators / Studies
91 10
Charting - Drawing Tools
17 1
Charting - Notes
No No
Charting - Display Corporate Events
Yes Yes
Charting - Stock Overlays
No Yes
Platform & Tools 3.5 3.5
Winner check_circle

Research

Feature Halifax Alliance Trust Savings
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
Yes Yes
Research - Bonds
Yes Yes
Portfolio Allocation Breakdown
Yes Yes
Research 4 3.5
Winner check_circle

Investments

Feature Halifax Alliance Trust Savings
Share Trading
Yes Yes
CFD Trading
No No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
Yes Yes
Bonds - Government (Gilts)
Yes Yes
Investment Trusts
Yes Yes
Spread Betting
No No
Advisor Services
Yes No
Offering of Investments 4 3.5
Winner check_circle

Education

Feature Halifax Alliance Trust Savings
Has Education - Share Trading
Yes No
Has Education - Funds
Yes No
Has Education - Retirement
Yes No
Client Webinars
No No
Client Webinars (Archived)
No No
Education 3.5 3.5

Overall

Feature Halifax Alliance Trust Savings
Halifax Review Alliance Trust Savings Review
Overall 3.5 3.5
Winner check_circle
After seven months and hundreds of hours of researching 12 different share dealing brokers, the UK.StockBrokers.com team collected thousands of data points. To focus on two brokers, we will now compare Alliance Trust Savings vs Halifax.

First, we will compare the fees charged for dealing in the UK. There are two primary fees: the cost to place each trade and the monthly, quarterly, or annual management fee charged which varies depending on the type and size of your portfolio. We researched both to provide a single star rating for cost. Alliance Trust Savings's score is 4.00 stars versus Halifax's 3.00 stars.

Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.

Scenario 1 - If you make 1 trade a month, or 12 per year, the fees with Halifax wold be £150 and the fees with Alliance Trust Savings would be .

Scenario 2 - 36 trades per year, or 3 trades per month. Halifax charges £450 and Alliance Trust Savings charges .

Scenario 3 - 120 trades per year, or 10 trades per month. Halifax charges £1500 and Alliance Trust Savings charges .

Scenario 4 - 240 trades per year, or 20 trades per month. Halifax charges £3000 and Alliance Trust Savings charges .

Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Halifax provides its clients with ISA and SIPP while Alliance Trust Savings provides clients access to ISA, ISA - Junior, SIPP and SIPP - Junior. Next, some traders desire robust charting, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Halifax offers its clients access to 17 charting tools while Alliance Trust Savings has 1 charting tools, a difference of 16. Alliance Trust Savings trails Halifax by 81 total different indicators (for example, moving averages), with Halifax offering 91 and Alliance Trust Savings offering 10. Halifax makes basic stock alerts available to clients, while Alliance Trust Savings does not. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Alliance Trust Savings makes fund research reports available to clients, while Halifax does not.

Overall, between Alliance Trust Savings and Halifax, Halifax is the winner.

Alliance Trust Savings Review
Halifax Review


All pricing data was obtained from a published web site as of 01/15/2020 and is believed to be accurate, but is not guaranteed. The UK.StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

arrow_drop_upBack to top