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

eToro vs Halifax 2020

Your capital is at risk.
Is eToro better than Halifax? After scoring the best share dealing accounts across 46 different variables, eToro is better than Halifax. eToro is great for traders seeking zero-commission stock and ETF trades, an efficient platform, and access to copy trading. That said, there are hidden fees, education is sub-par, and eToro doesn't offer the same range of investments as traditional brokers.

Overall Rating

Feature eToro Halifax
Overall 3.5 3.5
Commissions & Fees 4 3
Offering of Investments 3.5 4
Platform & Tools 3.5 3.5
Research 3.5 4
Education 3 3.5
eToro Review Halifax Review
Winner check_circle

Trading Fees

Feature eToro Halifax
Share Trading: 0-9 Deals/ Month
£0 (Other Fees Apply) £12.50
Share Trading: 10-19 Deals/ Month
£0 (Other Fees Apply) £12.50
Share Trading: 20+ Deals/ Month
£0 (Other Fees Apply) £12.50
Annual Custody Fee: £0 - £250,000
£0 (Other Fees Apply) 0%
Bonds - Government (Gilts) - Fee
N/A £25.00
ETFs - Fee
£0 (Other Fees Apply) £12.50
Investment Trusts - Fee
N/A £12.50
Telephone Dealing Fee
N/A £25.00

Platforms & Tools

Feature eToro Halifax
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
Yes No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
66 83
Charting - Drawing Tools
13 17
Charting - Notes
No Yes
Charting - Display Corporate Events
No No
Charting - Stock Overlays
Yes No

Research

Feature eToro Halifax
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
No Yes
Fund Research - Research Reports
No No
Research - ETFs
No Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
Yes Yes

Investments

Feature eToro Halifax
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
No Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
No Yes
Spread Betting
Yes No
Advisor Services
No Yes

Education

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

Overall

Feature eToro Halifax
Overall 3.5 3.5
Commissions & Fees 4 3
Offering of Investments 3.5 4
Platform & Tools 3.5 3.5
Research 3.5 4
Education 3 3.5
eToro Review Halifax Review
Winner check_circle

For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare eToro 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, eToro 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 - eToro is cheaper. eToro would only cost £75 each year while Halifax would cost £150.

3 Trades Per Month - eToro is less expensive under this scenario. eToro would cost £75 per year while Halifax would cost £450.

10 Trades Per Month - eToro is the better choice. Annual fees with eToro would total £75, while annual fees with Halifax would be £1500.

20 Trades Per Month - eToro costs less in this scenario. Total annual costs with eToro would equal £75, while Halifax would equal £3000.

Which broker offers a wider range of investment options?

Halifax offers a more diverse selection of investment options than eToro . 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 eToro . Halifax offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better?

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

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

eToro Review
Halifax Review

Related Comparisons

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