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Halifax vs Hargreaves Lansdown 2020

Your capital is at risk.
Is Halifax better than Hargreaves Lansdown? After scoring UK share dealing accounts on over 40 different variables, Hargreaves Lansdown is better than Halifax. Hargreaves Lansdown provides a thorough selection of investment options, high-quality research (some of which is in-house), alongside an excellent mobile app. Conversely, pricing is expensive, and charting tools, as well as educational resources, are just average.

Overall Rating

Feature Halifax Hargreaves Lansdown
Overall 3.5 4.5
Halifax Review Hargreaves Lansdown Review

Trading Fees

Feature Halifax Hargreaves Lansdown
Share Trading: 0-9 Deals/ Month
£12.50 £11.95
Share Trading: 10-19 Deals/ Month
£12.50 £8.95
Share Trading: 20+ Deals/ Month
£12.50 £5.95
Annual Custody Fee: £0 - £250,000*
£0 0.45%
Bonds - Government (Gilts) - Fee
£25.00 £11.95
ETFs - Fee
£12.50 £11.95
Investment Trusts - Fee
£12.50 £11.95
Telephone Dealing Fee*
£25.00 £20.00
Commissions & Fees 3 3
Winner check_circle

Platforms & Tools

Feature Halifax Hargreaves Lansdown
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
No Yes
Android App
No Yes
Stock Alerts
Yes Yes
Charting - Indicators / Studies
91 26
Charting - Drawing Tools
17 1
Charting - Notes
No No
Charting - Display Corporate Events
Yes Yes
Charting - Stock Overlays
No Yes
Platform & Tools 3.5 4
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Research

Feature Halifax Hargreaves Lansdown
Research - Shares
Yes Yes
Research - CFDs
No Yes
Research - Funds
Yes Yes
Fund Research - Research Reports
No Yes
Research - ETFs
Yes Yes
Research - Bonds
Yes Yes
Portfolio Allocation Breakdown
Yes Yes
Research 4 4.5
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Investments

Feature Halifax Hargreaves Lansdown
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
Yes Yes
Offering of Investments 4 4.5
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Education

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

Overall

Feature Halifax Hargreaves Lansdown
Halifax Review Hargreaves Lansdown Review
Overall 3.5 4.5
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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 Halifax vs Hargreaves Lansdown.

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. Both Halifax and Hargreaves Lansdown hold a 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 Hargreaves Lansdown wold be £278.40 and the fees with Halifax would be £150.

Scenario 2 - 36 trades per year, or 3 trades per month. Hargreaves Lansdown charges £565.20 and Halifax charges £450.

Scenario 3 - 10 trades per month, for a total of 120 trades per year. Halifax would charge £1500 while Hargreaves Lansdown would charge £1209.

Scenario 4 - If you make 20 trades a month, or 240 per year, the fees with Halifax wold be £3000 and the fees with Hargreaves Lansdown would be £1563.

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 Hargreaves Lansdown supports ISA, ISA - Junior, SIPP and SIPP - Junior. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Hargreaves Lansdown trails Halifax by 16 total charting tools, with Halifax offering 17 and Hargreaves Lansdown offering 1. Hargreaves Lansdown trails Halifax by 65 total different indicators (for example, moving averages), with Halifax offering 91 and Hargreaves Lansdown offering 26. Both Halifax and Hargreaves Lansdown offer basic stock alerts. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Hargreaves Lansdown offers fund research reports while Halifax does not.

Overall, between Halifax and Hargreaves Lansdown, Hargreaves Lansdown is the winner.

Halifax Review
Hargreaves Lansdown 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.

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