Hargreaves Lansdown vs Halifax 2023

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, Hargreaves Lansdown 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.

5 trades per year - Hargreaves Lansdown would cost £59.75 per year, while Halifax would cost £83.5 per year.

12 trades per year - Hargreaves Lansdown would cost £143.4 per year, while Halifax would cost £150 per year.

36 trades per year - Hargreaves Lansdown would cost £430.2 per year, while Halifax would cost £450 per year.

120 trades per year - Hargreaves Lansdown would cost £1074 per year, while Halifax would cost £1500 per year.

3 fund trades per year - Hargreaves Lansdown would cost £135 per year, while Halifax would cost £64.5 per year.

Both Hargreaves Lansdown and Halifax offer ISA, SIPP, Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts), Investment Trusts and Advisor Services, neither have CFD Trading, Spread Betting and Crypto Trading. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

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.

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