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