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Halifax vs Hargreaves Lansdown 2020
Your capital is at risk.
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Overall Rating
| Feature | Halifax | Hargreaves Lansdown |
| Overall | ||
| Halifax Review | Hargreaves Lansdown Review |
Trading Fees
| Feature | Halifax | Hargreaves Lansdown |
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Share Trading: 0-9 Deals/ Month |
£12.50 | £11.95 |
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Share Trading: 10-19 Deals/ Month |
£12.50 | £8.95 |
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Share Trading: 20+ Deals/ Month |
£12.50 | £5.95 |
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Annual Custody Fee: £0 - £250,000* |
£0 | 0.45% |
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Bonds - Government (Gilts) - Fee |
£25.00 | £11.95 |
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ETFs - Fee |
£12.50 | £11.95 |
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Investment Trusts - Fee |
£12.50 | £11.95 |
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Telephone Dealing Fee* |
£25.00 | £20.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Halifax | Hargreaves Lansdown |
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Desktop Platform (Windows) |
No | No |
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Web Platform |
Yes | Yes |
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iPhone App |
No | Yes |
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Android App |
No | Yes |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
91 | 26 |
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Charting - Drawing Tools |
17 | 1 |
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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 |
No | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Halifax | Hargreaves Lansdown |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
No | Yes |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | Yes |
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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 | Halifax | Hargreaves Lansdown |
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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 | Halifax | Hargreaves Lansdown |
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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 | Halifax | Hargreaves Lansdown |
| Halifax Review | Hargreaves Lansdown Review | |
| Overall | ||
| Winner | check_circle |
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.
