Halifax vs Lloyds Bank 2021

For our 2021 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Halifax vs Lloyds Bank.

Which broker is less expensive?

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, 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.

1 Trade Per Month - Halifax is cheaper. Halifax would only cost £150 each year while Lloyds Bank would cost £172.

3 Trades Per Month - Lloyds Bank is less expensive under this scenario. Lloyds Bank would cost £436 per year while Halifax would cost £450.

10 Trades Per Month - Lloyds Bank is the better choice. Annual fees with Lloyds Bank would total £1000, while annual fees with Halifax would be £1500.

20 Trades Per Month - Lloyds Bank costs less in this scenario. Total annual costs with Lloyds Bank would equal £47.50, while Halifax would equal £83.50.

Which broker offers a wider range of investment options?

offers a more diverse selection of investment options than Halifax. offers investors access to Advisor Services, ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Which platform offers better research?

Our testing concluded that is better for research than Halifax. offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better?

To compare the trading platforms of both Halifax and Lloyds Bank, we tested each broker's trading tools and share dealing app. All features compared, offers a better share dealing platform.

Overall winner:

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