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Hargreaves Lansdown vs Halifax 2020
Your capital is at risk.
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Overall Rating
| Feature | Hargreaves Lansdown | Halifax |
| Overall | ||
| Hargreaves Lansdown Review | Halifax Review |
Trading Fees
| Feature | Hargreaves Lansdown | Halifax |
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Share Trading: 0-9 Deals/ Month |
£11.95 | £12.50 |
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Share Trading: 10-19 Deals/ Month |
£8.95 | £12.50 |
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Share Trading: 20+ Deals/ Month |
£5.95 | £12.50 |
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Annual Custody Fee: £0 - £250,000* |
0.45% | 0% |
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Bonds - Government (Gilts) - Fee |
£11.95 | £25.00 |
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ETFs - Fee |
£11.95 | £12.50 |
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Investment Trusts - Fee |
£11.95 | £12.50 |
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Telephone Dealing Fee* |
£20.00 | £25.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Hargreaves Lansdown | Halifax |
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Desktop Platform (Windows) |
No | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | No |
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Android App |
Yes | No |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
26 | 91 |
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Charting - Drawing Tools |
1 | 17 |
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Charting - Notes |
No | No |
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Charting - Display Corporate Events |
Yes | Yes |
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Charting - Stock Overlays |
Yes | No |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Hargreaves Lansdown | Halifax |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
Yes | No |
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Research - ETFs |
Yes | Yes |
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Research - Bonds |
Yes | Yes |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Hargreaves Lansdown | Halifax |
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Share Trading |
Yes | Yes |
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CFD Trading |
No | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
Yes | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Hargreaves Lansdown | Halifax |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
Yes | Yes |
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Has Education - Retirement |
Yes | Yes |
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Client Webinars |
No | No |
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Client Webinars (Archived) |
No | No |
| Education |
Overall
| Feature | Hargreaves Lansdown | Halifax |
| Hargreaves Lansdown Review | Halifax Review | |
| Overall | ||
| 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 Halifax vs Hargreaves Lansdown.
Which broker is cheaper: Halifax or Hargreaves Lansdown?
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 are rated 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 - Halifax only charges £150.00 while Hargreaves Lansdown charges £278.40.
3 Trades Per Month - Halifax is cheaper under this scenario. Halifax would cost £450.00 while Hargreaves Lansdown would cost £565.20.
10 Trades Per Month - Hargreaves Lansdown is the cheaper option. Fees with Hargreaves Lansdown would be £1,209.00 while fees with Halifax would be £1,500.00.
20 Trades Per Month - Hargreaves Lansdown costs less in this case. Hargreaves Lansdown charges £1,563.00 while Halifax charges £3,000.00.
The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio Halifax charges 0% while Hargreaves Lansdown charges 0.45%.
Does Halifax or Hargreaves Lansdown offer a wider range of investment options?
Hargreaves Lansdown offers a more diverse selection of investment options than Halifax. Hargreaves Lansdown 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 Halifax or Hargreaves Lansdown better for research?
Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Hargreaves Lansdown is better for research than Halifax. Hargreaves Lansdown offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better: Halifax or Hargreaves Lansdown?
To compare the trading platforms of both Halifax and Hargreaves Lansdown, we tested each broker's trading tools. Overall, Hargreaves Lansdown offers a better experience. Looking at charting, Halifax offers its clients access to 17 charting tools while Hargreaves Lansdown has 1 charting tools, a difference of 16. Hargreaves Lansdown trails Halifax by 65 total different indicators (for example, moving averages), with Halifax offering 91 and Hargreaves Lansdown offering 26.
Overall, between Halifax and Hargreaves Lansdown, Hargreaves Lansdown is the winner.
Halifax ReviewHargreaves 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.
