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Interactive Brokers vs Halifax 2025

StockBrokers.com

Written by StockBrokers.com

July 31, 2025

In this head to head comparison of Interactive Brokers vs Halifax, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.

Interactive Brokers
4.5/5 Stars Overall
  • Minimum Deposit: £0
  • ISA: Yes
  • SIPP: Yes
Halifax
4/5 Stars Overall
  • Minimum Deposit: £0
  • ISA: Yes
  • SIPP: Yes

Your capital is at risk.

Fees

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, Interactive Brokers offers better pricing than Halifax for share dealing.

query_stats What type of trader are you?

New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.

Investment Choices

Interactive Brokers vs Halifax: both let UK investors buy and sell shares, ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts. Neither supports CFD trading. A key difference is crypto — Interactive Brokers offers crypto trading, while Halifax does not. For guidance, Halifax offers advisor services; Interactive Brokers does not.

On investment choice, UK.StockBrokers.com rates Interactive Brokers 5/5 stars (ranked 2nd of 21) and Halifax 4.5/5 stars (ranked 7th of 21). If crypto access and a broader selection matter most, Interactive Brokers may suit you; if you’d value in-house advice alongside core share dealing and funds, Halifax is the better fit.

Feature Interactive Brokers logoInteractive Brokers
Halifax logoHalifax
Share Trading info Yes Yes
CFD Trading info No No
ETFs info Yes Yes
Mutual Funds info Yes Yes
Bonds - Government (Gilts) info Yes Yes
Investment Trusts info Yes Yes
Spread Betting info No No
Crypto Trading info Yes No
Advisor Services info No Yes
Investment Choices 5/5 Stars 4.5/5 Stars

Featured Offers


4.5/5 Stars

Low-cost US and UK shares.

4.5/5 Stars

Professional’s Gateway to the World’s Markets.

Trading Tools

Interactive Brokers vs Halifax: For UK investors comparing trading tools, both brokers lack corporate events on charts and do not support index or stock overlays. Interactive Brokers supplies 16 drawing tools and 94 technical indicators, while Halifax offers 8 drawing tools and 95 indicators. Halifax lets you add notes to charts; Interactive Brokers does not.

On the platform side, both provide a browser-based trading platform and let you set price alerts. Neither offers real-time market data. In short, choose Interactive Brokers if you value more drawing tools, or Halifax if you want slightly more indicators and the ability to annotate charts.

Feature Interactive Brokers logoInteractive Brokers
Halifax logoHalifax
Web Platform info Yes Yes
Stock Alerts info Yes Yes
Charting - Indicators / Studies info 94 95
Charting - Drawing Tools info 16 8
Charting - Notes info No Yes
Charting - Display Corporate Events info No No
Charting - Stock Overlays info No No
Charting - Index Overlays info No No

ISAs and SIPPs

When comparing Interactive Brokers and Halifax for UK retirement accounts, both platforms provide Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), catering to investors seeking tax-efficient options. Interactive Brokers stands out with its competitive fees and global market access, appealing to those who value low-cost trading and international diversification. In contrast, Halifax offers a user-friendly experience with straightforward account management, making it an attractive choice for individuals who prefer simplicity and a well-established UK bank. Both brokers serve diverse investor needs by providing essential retirement account options, though the best choice will depend on individual preferences regarding cost, ease of use, and investment reach.

Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.

Mobile App

For UK investors seeking a convenient trading experience on their phones, both Interactive Brokers and Halifax offer mobile apps available for iPhone and Android users. Interactive Brokers stands out with a 5-star rating from UK.StockBrokers.com and is ranked 4th out of 21 brokers for its mobile app, reflecting its strong performance in the mobile trading arena. On the other hand, Halifax provides a functional mobile app, earning a 3.5-star rating and placing 18th in the same ranking. While both brokers offer comprehensive mobile solutions, Interactive Brokers provides a higher-rated experience for those prioritizing top-tier mobile trading capabilities.

Dive deeper: Best Stock Trading Apps UK.

Beginners and Education

UK beginners comparing Interactive Brokers and Halifax for investor education will find key differences: Interactive Brokers offers live and on-demand client webinars, while Halifax has no webinars or archive. Both provide learning on share trading, funds, and retirement. According to UK.StockBrokers.com, Interactive Brokers earns 5/5 stars and ranks 8th out of 21 for beginner education, whereas Halifax scores 4/5 stars and ranks 18th. If you want structured webinars and replays to learn at your own pace, Interactive Brokers is the stronger choice; for basic guides on shares, funds, and retirement, both platforms can help.

Feature Interactive Brokers logoInteractive Brokers
Halifax logoHalifax
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Education (Share Trading) info Yes Yes
Education (Funds) info Yes Yes
Education (Retirement) info Yes Yes
Education 5/5 Stars 4/5 Stars

Dive deeper: Best UK Trading Platforms for Beginners.

Market Research

For UK investors comparing Interactive Brokers vs Halifax on market research, both platforms provide research across shares, ETFs, funds and bonds, including research reports for funds. The key difference is portfolio insight: only Interactive Brokers shows your portfolio allocation by asset class, making it easier to check diversification. If you want wide research plus clearer allocation tools, Interactive Brokers has the edge; if you mainly want straightforward research coverage, Halifax still fits the bill.

Feature Interactive Brokers logoInteractive Brokers
Halifax logoHalifax
Research - Shares info Yes Yes
Research - ETFs info Yes Yes
Research - Bonds info Yes Yes
Research - Funds info Yes Yes
Fund Research - Research Reports info Yes Yes
Portfolio Allocation Breakdown info Yes No

Interactive Brokers vs Halifax Winner

Which broker is better overall, Interactive Brokers or Halifax? After collecting more than 900 data points over a 10-week period, we found Interactive Brokers to be a better trading platform overall.

Interactive Brokers is a sophisticated trading platform aimed at confident and institutional-grade investors. For newer investors, Interactive Brokers is more intimidating, though it's worth exploring the platform to see if you could save money or access more investments compared to other brokers.

Feature Interactive Brokers logoInteractive Brokers
Halifax logoHalifax
Overall Rating 4.5/5 Stars 4/5 Stars
Charges & Fees 4.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 4.5/5 Stars
Mobile App 5/5 Stars 3.5/5 Stars
Website 5/5 Stars 4/5 Stars
Ease of Use 4/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or Halifax?

Interactive Brokers offers crypto trading, providing a diversified platform for investors, while Halifax does not support crypto trading, making Interactive Brokers a more comprehensive choice for those interested in cryptocurrency investments.

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Compare

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Overall Rating Interactive Brokers Halifax
Overall Rating 4.5/5 Stars 4/5 Stars
Charges & Fees 4.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 4.5/5 Stars
Mobile App 5/5 Stars 3.5/5 Stars
Website 5/5 Stars 4/5 Stars
Ease of Use 4/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Review Interactive Brokers Review Halifax Review
Winner check_circle
Investments Interactive Brokers Halifax
ISA info Yes Yes
SIPP info Yes Yes
Share Trading info Yes Yes
CFD Trading info No No
Mutual Funds info Yes Yes
ETFs info Yes Yes
Bonds - Corporate info Yes Yes
Bonds - Government (Gilts) info Yes Yes
Investment Trusts info Yes Yes
Spread Betting info No No
Crypto Trading info Yes info
Advisor Services info No Yes
Trading Fees Interactive Brokers Halifax
Minimum Deposit info £0 £0
Share Trading: 0-9 Deals/ Month info £3 £9.50
Share Trading: 10-19 Deals/ Month info £3 £9.50
Share Trading: 20+ Deals/ Month info £3 £9.50
5 trades per year (£30k portfolio) info
12 trades per year (£30k portfolio) info
36 trades per year (£30k portfolio) info
120 trades per year (£30k portfolio) info
3 fund trades per year (£30k portfolio) info
Annual Platform Fee (Funds): £0 - £250,000 info £0 £36
Annual Platform Fee (Funds): £250K-£500K info £0 £36
Annual Platform Fee (Funds): £500,000 - £1m info £0 £36
Annual Platform Fee (Funds): £1m and over info £0 £36
Bonds - Corporate - Fee info 0.1% (for <10,000 EUR) 0.025% (for >10,000 EUR) £9.50
Bonds - Government (Gilts) - Fee info 0.1% (for <10,000 EUR) 0.025% (for >10,000 EUR) £9.50
ETFs - Fee info £3 £0 / £3.50 / £9.50
Investment Trusts - Fee info £3 £0 / £3.50 / £9.50
Telephone Dealing Fee info £25 £25
Broker Screenshots Interactive Brokers Halifax
Website Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Platforms & Tools Interactive Brokers Halifax
Web Platform info Yes Yes
iPhone App info Yes Yes
Android App info Yes Yes
Stock Alerts info Yes Yes
Charting - Indicators / Studies info 94 95
Charting - Drawing Tools info 16 8
Charting - Notes info No Yes
Charting - Display Corporate Events info No No
Charting - Stock Overlays info No No
Charting - Index Overlays info No No
Research Interactive Brokers Halifax
Research - Shares info Yes Yes
Research - CFDs info
Research - Funds info Yes Yes
Fund Research - Research Reports info Yes Yes
Research - ETFs info Yes Yes
Research - Bonds info Yes Yes
Portfolio Allocation Breakdown info Yes No
Education Interactive Brokers Halifax
Education (Share Trading) info Yes Yes
Education (Funds) info Yes Yes
Education (Retirement) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Overall Summary Interactive Brokers Halifax
Overall Rating 4.5/5 Stars 4/5 Stars
Charges & Fees 4.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 4.5/5 Stars
Mobile App 5/5 Stars 3.5/5 Stars
Website 5/5 Stars 4/5 Stars
Ease of Use 4/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Review Interactive Brokers Review Halifax Review
Winner check_circle
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