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

DEGIRO vs Halifax 2020

Your capital is at risk.
Is DEGIRO better than Halifax? After scoring UK share dealing accounts on over 40 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*
€ 10.00 + 0.10% per order £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
23 91
Charting - Drawing Tools
0 17
Charting - Notes
No No
Charting - Display Corporate Events
Yes Yes
Charting - Stock Overlays
No 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

Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts for buying shares online in the UK. In total, 46 individual variables were assessed. For this review, we will compare DEGIRO vs Halifax.

Which broker is cheaper: DEGIRO or Halifax?

It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. DEGIRO's score is 5.00 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.

1 Trade Per Month - DEGIRO only charges £34 while Halifax charges £150.

3 Trades Per Month - DEGIRO is cheaper under this scenario. DEGIRO would cost £104 while Halifax would cost £450.

10 Trades Per Month - DEGIRO is the cheaper option. Fees with DEGIRO would be £346 while fees with Halifax would be £1500.

20 Trades Per Month - DEGIRO costs less in this case. DEGIRO charges £693 while Halifax charges £3000.

The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio both DEGIRO and Halifax charge 0%.

Does DEGIRO or Halifax offer 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.

Is DEGIRO or Halifax better for research?

Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. 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: DEGIRO or Halifax?

To compare the trading platforms of both DEGIRO and Halifax, we tested each broker's trading tools. Overall, Halifax offers a better experience. Looking at charting, Halifax offers its clients access to 17 charting tools while DEGIRO has 0 charting tools, a difference of 17. DEGIRO trails Halifax by 68 total different indicators (for example, moving averages), with Halifax offering 91 and DEGIRO offering 23.

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

DEGIRO 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