DEGIRO vs Halifax Review
By Steve Miley / June 19th, 2019
Is DEGIRO better than Halifax? After scoring UK share dealing accounts on over 100 different variables, DEGIRO is better than Halifax. DEGIRO is a no frills, low-cost online share-dealing broker challenging the UK market.
Platforms & Tools
To start this comparison, first, we will take a look at the fees charged for dealing in the UK. 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 received a rating of 4.50 stars over Halifax's 4.00 stars.
Cost aside, we can now turn our focus to popular tools and features investors prefer in the UK. Account access is certainly at the top of the list, and Halifax supports ISA and SIPP while DEGIRO supports none of these. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Halifax boasts an offering of 1 charting tools compared to DEGIRO's 0 available charting tools. DEGIRO trails Halifax by 20 total different indicators (for example, moving averages), with Halifax offering 43 and DEGIRO offering 23. Halifax makes basic stock alerts available to clients, while DEGIRO does not. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. DEGIRO nor Halifax offers fund research reports.
Overall, between DEGIRO and Halifax, DEGIRO is the winner.
All pricing data was obtained from a published web site as of 01/08/18 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.