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DEGIRO vs Halifax 2020

Your capital is at risk.
Is DEGIRO better than Halifax? After scoring the best share dealing accounts across 46 different variables, DEGIRO is better than Halifax. DEGIRO offers shares trading significantly cheaper than its competitors, charging only £1.75 + 0.014% per trade, with a maximum charge of £5.00. Low fees aside, DEGIRO lags competitors in fundamental research, education, and does not offer ISA or SIPP accounts.

Overall Rating

Feature DEGIRO Halifax
Overall 3.5 3.5
DEGIRO Review Halifax Review

Trading Fees

Feature DEGIRO Halifax
Share Trading: 0-9 Deals/ Month
£ 1.75 + 0.014% £12.50
Share Trading: 10-19 Deals/ Month
£ 1.75 + 0.014% (Maximum £ 5.00) £12.50
Share Trading: 20+ Deals/ Month
£ 1.75 + 0.014% (Maximum £ 5.00) £12.50
Annual Custody Fee: £0 - £250,000
0% 0%
Bonds - Government (Gilts) - Fee
€ 2.00 + 0.06% £25.00
ETFs - Fee
€2 + 0.03% £12.50
Investment Trusts - Fee
€ 7.50 + 0.10% £12.50
Telephone Dealing Fee
£8.50 £25.00
Commissions & Fees 5 3
Winner check_circle

Platforms & Tools

Feature DEGIRO Halifax
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
No Yes
Charting - Indicators / Studies
13 83
Charting - Drawing Tools
9 17
Charting - Notes
Yes Yes
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
Yes No
Platform & Tools 3 3.5
Winner check_circle

Research

Feature DEGIRO Halifax
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No No
Research - ETFs
No Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
No Yes
Research 1 4
Winner check_circle

Investments

Feature DEGIRO Halifax
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
No Yes
Offering of Investments 3.5 4
Winner check_circle

Education

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

Overall

Feature DEGIRO Halifax
DEGIRO Review Halifax Review
Overall 3.5 3.5
Winner check_circle

For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare DEGIRO vs Halifax.

Which broker is less expensive?

Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, DEGIRO offers better pricing than Halifax for share dealing.

Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.

1 Trade Per Month - DEGIRO is cheaper. DEGIRO would only cost £34 each year while Halifax would cost £150.

3 Trades Per Month - DEGIRO is less expensive under this scenario. DEGIRO would cost £104 per year while Halifax would cost £450.

10 Trades Per Month - DEGIRO is the better choice. Annual fees with DEGIRO would total £346, while annual fees with Halifax would be £1500.

20 Trades Per Month - DEGIRO costs less in this scenario. Total annual costs with DEGIRO would equal £693, while Halifax would equal £3000.

Which broker offers a wider range of investment options?

Halifax offers a more diverse selection of investment options than DEGIRO. Halifax offers investors access to Advisor Services, ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Which platform offers better research?

Our testing concluded that Halifax is better for research than DEGIRO. Halifax offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better?

To compare the trading platforms of both DEGIRO and Halifax, we tested each broker's trading tools and share dealing app. All features compared, Halifax offers a better share dealing platform.

Overall, between DEGIRO and Halifax, DEGIRO is the winner.

DEGIRO Review
Halifax Review

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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.

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