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Halifax vs Barclays 2020
Your capital is at risk.
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Overall Rating
| Feature | Halifax | Barclays |
| Overall | ||
| Halifax Review | Barclays Review |
Trading Fees
| Feature | Halifax | Barclays |
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Share Trading: 0-9 Deals/ Month |
£12.50 | £6.00 |
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Share Trading: 10-19 Deals/ Month |
£12.50 | £6.00 |
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Share Trading: 20+ Deals/ Month |
£12.50 | £6.00 |
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Annual Custody Fee: £0 - £250,000* |
£0 | 0.2% (minimum £48) |
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Bonds - Government (Gilts) - Fee |
£25.00 | £6.00 |
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ETFs - Fee |
£12.50 | £6.00 |
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Investment Trusts - Fee |
£12.50 | £3.00 |
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Telephone Dealing Fee* |
£25.00 | £25.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Halifax | Barclays |
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Desktop Platform (Windows) |
No | No |
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Web Platform |
Yes | Yes |
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iPhone App |
No | No |
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Android App |
No | No |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
91 | 67 |
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Charting - Drawing Tools |
17 | 17 |
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Charting - Notes |
No | No |
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Charting - Display Corporate Events |
Yes | No |
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Charting - Stock Overlays |
No | No |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Halifax | Barclays |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
No | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Halifax | Barclays |
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Share Trading |
Yes | Yes |
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CFD Trading |
No | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
Yes | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Halifax | Barclays |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
Yes | Yes |
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Has Education - Retirement |
Yes | Yes |
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Client Webinars |
No | No |
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Client Webinars (Archived) |
No | Yes |
| Education |
Overall
| Feature | Halifax | Barclays |
| Halifax Review | Barclays Review | |
| Overall | ||
| Winner | check_circle |
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. Barclays is a better option with a 4.00 star rating over Halifax's 3.00 star rating.
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 Barclays would be £132.
Scenario 2 - 36 trades per year, or 3 trades per month. Halifax charges £450 and Barclays charges £276.
Scenario 3 - 120 trades per year, or 10 trades per month. Barclays charges £780 and Halifax charges £1500.
Scenario 4 - If you make 20 trades a month, or 240 per year, the fees with Halifax wold be £3000 and the fees with Barclays would be £1500.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Halifax supports ISA and SIPP while Barclays supports ISA, 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. Barclays and Halifax offer the same number of charting tools, 17. Barclays trails Halifax by 24 total different indicators (for example, moving averages), with Halifax offering 91 and Barclays offering 67. Barclays and Halifax both offer basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Barclays makes fund research reports available to clients, while Halifax does not.
Overall, between Barclays and Halifax, Barclays is the winner.
Barclays 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.
