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Interactive Investor vs Halifax 2025

StockBrokers.com

Written by StockBrokers.com

April 17, 2025

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

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

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 Investor 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 - Interactive Investor would cost £79.83 per year, while Halifax would cost £83.50 per year.

12 trades per year - Interactive Investor would cost £59.88 / £107.76 per year, while Halifax would cost £150 per year.

36 trades per year - Interactive Investor would cost £59.88 / £203.52 per year, while Halifax would cost £378 per year.

120 trades per year - Interactive Investor would cost £59.88 / £538.68 per year, while Halifax would cost £1,176 per year.

3 fund trades per year - Interactive Investor would cost £0 per year, while Halifax would cost £0 per year.

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

When comparing investment options, Interactive Investor and Halifax stand out by offering a variety of choices for UK investors. Interactive Investor provides the ability to trade shares and exchange-traded funds (ETFs), along with funds, corporate bonds, government bonds (gilts), and investment trusts. While Halifax matches this wide range of offerings—aside from share trading and sans crypto trading, spread betting, and contracts for difference (CFD) options—it does offer advisor services, which could be a plus for those seeking guidance.

Both platforms have earned a 5-star rating from UK.StockBrokers.com for their investment choices. However, Interactive Investor holds a slightly higher rank, positioned third among 21 brokers, while Halifax comes in at seventh place. This distinction could make Interactive Investor a more attractive option for those prioritizing share trading, despite Halifax’s advantage of providing advisory services to guide investors through their journeys.

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

When comparing the trading tools of Interactive Investor and Halifax, UK investors might note significant differences in their offerings. Interactive Investor provides a comprehensive set of features for charting, including the ability to display corporate events like earnings, splits, and dividends directly on charts. They offer 18 drawing tools and a remarkable 104 technical indicators, allowing users to make detailed analyses. Furthermore, users can add notes, index overlays, and stock overlays to enhance their charting experience. By contrast, Halifax lacks these advanced functionalities, providing no drawing tools or technical indicators and no options for chart annotations or overlays.

Both brokers offer a browser-based trading platform and come with the capability to create alerts for stock price updates, ensuring users stay informed. While Interactive Investor provides real-time market data, a crucial feature for making timely trading decisions, Halifax does not support this service. Investors who prioritize comprehensive charting tools and real-time updates might find Interactive Investor to be a more suitable choice for enhancing their trading strategies.

Feature Interactive Investor logoInteractive Investor
Halifax logoHalifax
Web Platform info Yes Yes
Stock Alerts info Yes Yes
Charting - Indicators / Studies info 104 0
Charting - Drawing Tools info 18 0
Charting - Notes info Yes No
Charting - Display Corporate Events info Yes No
Charting - Stock Overlays info Yes No
Charting - Index Overlays info Yes No

ISAs and SIPPs

When considering retirement account options for UK investors, both Interactive Investor and Halifax present solid choices with their Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs). Interactive Investor provides a comprehensive platform with accessible ISA and SIPP accounts, catering to a wide range of investment needs. Similarly, Halifax offers ISA and SIPP accounts designed to help individuals plan effectively for retirement. Investors looking for reliable options will find both platforms accommodating, as they provide the essential accounts to help manage and potentially grow their retirement savings.

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

Mobile App

For UK investors choosing between online brokers Interactive Investor and Halifax, both platforms provide convenient mobile apps compatible with iPhone and Android devices, catering to on-the-go trading needs. Interactive Investor's mobile app stands out with a higher rating of 4.5 stars from UK.StockBrokers.com, placing it at number 7 among 21 brokers for mobile app quality. In contrast, Halifax's mobile app holds a rating of 3.5 stars, ranking it 18th, indicating a less favorable user experience compared to Interactive Investor. These ratings suggest that those prioritizing mobile app performance may find Interactive Investor a more appealing choice over Halifax.

Dive deeper: Best Stock Trading Apps UK.

Beginners and Education

When comparing the educational resources for beginner investors, Interactive Investor stands out over Halifax. Interactive Investor offers a comprehensive range of educational client webinars, which are also available on demand for convenient viewing. In contrast, Halifax does not provide webinars. For those keen on learning about share trading, funds, and retirement, Interactive Investor covers all these topics extensively, whereas Halifax does not offer such educational content. Reflecting this strong educational offering, Interactive Investor has been awarded a stellar 5-star rating by UK.StockBrokers.com for beginner education, ranking 2nd out of 21 brokers. Halifax, on the other hand, holds a 3.5-star rating and is positioned at 18th, indicating fewer resources available for newcomers. These differences make Interactive Investor a more appealing choice for those starting their investment journey in the UK.

Feature Interactive Investor logoInteractive Investor
Halifax logoHalifax
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Education (Share Trading) info Yes No
Education (Funds) info Yes No
Education (Retirement) info Yes No
Education 5/5 Stars 3.5/5 Stars

Dive deeper: Best UK Trading Platforms for Beginners.

Market Research

When comparing Interactive Investor and Halifax for market research features, Interactive Investor stands out with its offer of research reports for funds, which Halifax does not provide. Both platforms allow you to research shares, ETFs, funds, and bonds, ensuring comprehensive coverage across these investment types. Interactive Investor also enables you to view portfolio allocation by asset class, a feature that Halifax lacks. Neither broker offers research on CFDs, maintaining a focus on other investment options. For UK investors seeking detailed market insights, Interactive Investor may offer a slight edge, especially for those interested in fund reports and portfolio analysis.

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

Interactive Investor vs Halifax Winner

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

The standout feature at Interactive Investor (ii) is its low flat-rate fees. Other investment platforms typically favour percentage fees for fund investing, although more brokers are now opting for flat fees. Our view is that Interactive Investor is a great platform for any investor, offering a wide range of investments for cheap prices on the whole.

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

FAQs

Can you trade cryptocurrency with Interactive Investor or Halifax?

Both Interactive Investor and Halifax do not offer crypto trading options for their users.

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Compare

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Overall Rating Interactive Investor Halifax
Overall Rating 5/5 Stars 4/5 Stars
Charges & Fees 5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 5/5 Stars
Mobile App 4.5/5 Stars 3.5/5 Stars
Website 5/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 3.5/5 Stars
Review Interactive Investor Review Halifax Review
Winner check_circle
Investments Interactive Investor Halifax
ISA info Yes Yes
SIPP info Yes Yes
Share Trading info Yes No
CFD Trading info No No
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 No No
Advisor Services info No Yes
Trading Fees Interactive Investor Halifax
Minimum Deposit info £0 £0
Share Trading: 0-9 Deals/ Month info £3.99 £9.50
Share Trading: 10-19 Deals/ Month info £3.99 £9.50
Share Trading: 20+ Deals/ Month info £3.99 £9.50
5 trades per year (£30k portfolio) info £79.83 £83.50
12 trades per year (£30k portfolio) info £59.88 / £107.76 £150
36 trades per year (£30k portfolio) info £59.88 / £203.52 £378
120 trades per year (£30k portfolio) info £59.88 / £538.68 £1,176
3 fund trades per year (£30k portfolio) info £71.85 £64.50
Annual Custody Fee: £0 - £250,000 info £59.88 - £143.88 £36
Annual Custody Fee: £250K-£500K info £143.88 £36
Annual Custody Fee: £500,000 - £1m info £143.88 £36
Annual Custody Fee: £1m and over info £143.88 £36
Bonds - Corporate - Fee info £3.99 £9.5
Bonds - Government (Gilts) - Fee info £3.99 £9.5
ETFs - Fee info £3.99 £9.5
Investment Trusts - Fee info £3.99 £9.5
Telephone Dealing Fee info £49 £25
Broker Screenshots Interactive Investor Halifax
Website Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Platforms & Tools Interactive Investor 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 104 0
Charting - Drawing Tools info 18 0
Charting - Notes info Yes No
Charting - Display Corporate Events info Yes No
Charting - Stock Overlays info Yes No
Charting - Index Overlays info Yes No
Research Interactive Investor Halifax
Research - Shares info Yes Yes
Research - CFDs info No No
Research - Funds info Yes Yes
Fund Research - Research Reports info Yes No
Research - ETFs info Yes Yes
Research - Bonds info Yes Yes
Portfolio Allocation Breakdown info Yes No
Education Interactive Investor Halifax
Education (Share Trading) info Yes No
Education (Funds) info Yes No
Education (Retirement) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Overall Summary Interactive Investor Halifax
Overall Rating 5/5 Stars 4/5 Stars
Charges & Fees 5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 5/5 Stars
Mobile App 4.5/5 Stars 3.5/5 Stars
Website 5/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 3.5/5 Stars
Review Interactive Investor Review Halifax Review
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