Written by StockBrokers.com
In this head to head comparison of Halifax vs Revolut, 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, Halifax offers better pricing than Revolut 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 - Halifax would cost £83.50 per year, while Revolut would cost £0 per year.
12 trades per year - Halifax would cost £150 per year, while Revolut would cost £0 per year.
36 trades per year - Halifax would cost £378 per year, while Revolut would cost £47.88 per year.
120 trades per year - Halifax would cost £1,176 per year, while Revolut would cost £540 per year.
3 fund trades per year - Halifax would cost £0 per year, while Revolut would cost £0 - £540 per year.
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.
Halifax and Revolut cater to UK investors with differing investment options, appealing to various trading preferences. While Revolut supports share and cryptocurrency trading, Halifax stands out by offering a wider range of investment choices, including ETFs, funds, corporate and government bonds, and investment trusts. Additionally, Halifax provides advisory services, ensuring broader support for investors seeking diversified portfolios.
When evaluated by UK.StockBrokers.com, Halifax shines with a 5-star rating for investment choices, placing it 7th among 21 brokers. This contrasts with Revolut's more modest 3.5-star rating and 19th position, indicating that Halifax might be the better option for those interested in a comprehensive selection of traditional investment products. Whether you prefer the modern flair of Revolut's crypto offerings or Halifax's classic investment range, both brokers offer their own advantages to suit different trading styles.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Share Trading | Yes | |
| CFD Trading | ||
| ETFs | Yes | |
| Funds | Yes | |
| Bonds - Government (Gilts) | Yes | |
| Investment Trusts | Yes | |
| Spread Betting | ||
| Crypto Trading | Yes | |
| Advisor Services | Yes | |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When it comes to trading tools, both Halifax and Revolut offer unique features tailored for traders in the UK. Halifax provides a browser-based trading platform, which could be a major advantage for users who prefer trading through a web interface. Additionally, Halifax supports creating alerts for stock price updates, helping investors stay informed about the market movements they're interested in. However, Halifax does not provide options for displaying corporate events on charts, technical indicators, or drawing tools. Also missing are features such as adding notes, index overlays, and stock overlays to charts, which could be a limitation for traders looking for more analytical functionalities.
Revolut, on the other hand, shines with its real-time market data, giving traders a significant advantage in reacting to market changes swiftly. Like Halifax, Revolut allows users to create alerts for stock price updates, but it lacks a browser-based trading platform, which might not suit those who prefer that mode of trading. Similar to Halifax, Revolut doesn’t offer the ability to display corporate events on charts, nor does it provide drawing tools, technical indicators, or additional charting features like adding notes or overlays. Therefore, while both platforms offer basic trading functionalities, Revolut's strength lies in delivering real-time data for more dynamic trading experiences.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Web Platform | Yes | |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 0 |
| Charting - Drawing Tools | 0 | 0 |
| Charting - Notes | ||
| Charting - Display Corporate Events | ||
| Charting - Stock Overlays | ||
| Charting - Index Overlays |
When comparing online brokers for retirement accounts in the UK, Halifax and Revolut differ significantly in their offerings. Halifax provides both ISA and SIPP accounts, catering to those looking to manage their savings and retirement planning with established options. Conversely, Revolut does not offer ISA or SIPP accounts, which may limit its appeal for users focused on traditional retirement savings strategies. For individuals prioritizing flexible and comprehensive retirement account options, Halifax stands out with its availability of both ISAs and SIPPs.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile apps offered by Halifax and Revolut for UK investors, both platforms provide apps compatible with iPhone and Android devices. According to UK.StockBrokers.com, Halifax's app is rated 3.5 stars and is ranked 18th out of 21 brokers for mobile apps, reflecting a satisfactory user experience. In contrast, Revolut's app receives a higher rating of 4 stars and is ranked 14th, indicating a more favorable reception. This suggests that Revolut may offer a more user-friendly mobile trading experience compared to Halifax for UK users.
Dive deeper: Best Stock Trading Apps UK.
When comparing the beginner investor educational resources of Halifax and Revolut, both platforms have similarities and differences. Halifax hosts educational webinars, but they are not available on demand, whereas Revolut does not offer webinars at all. For specific topics, Halifax provides education on share trading, funds, and retirement, while Revolut covers share trading and funds but not retirement. In terms of ratings, both Halifax and Revolut received 3.5 stars from UK.StockBrokers.com for their beginner education, with Halifax ranked 18th and Revolut 21st out of 21 brokers. This suggests that while both offer comparable educational content, Halifax may have a slight edge in ranking, making it a potentially more suitable option for UK beginners interested in continuous learning.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Client Webinars | ||
| Client Webinars (Archived) | ||
| Education (Share Trading) | ||
| Education (Funds) | ||
| Education (Retirement) | ||
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Halifax and Revolut on market research features, both platforms offer shares research, but differences arise in other areas. Halifax provides extensive research reports on funds, ETFs, bonds, and offers insights into portfolio allocation by asset class, although it lacks CFDs research. Meanwhile, Revolut includes the ability to see portfolio allocation by asset class but does not provide research on funds, ETFs, bonds, or CFDs. This makes Halifax a more comprehensive choice for UK investors seeking detailed market information across various investment types, while Revolut caters to those interested in simplified asset allocation visibility.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | ||
| Research - ETFs | Yes | |
| Research - Bonds | Yes | |
| Research - Funds | Yes | |
| Fund Research - Research Reports | ||
| Portfolio Allocation Breakdown | Yes |
Which broker is better overall, Halifax or Revolut? After collecting more than 900 data points over a 10-week period, we found Halifax to be a better trading platform overall.
If you are already a Halifax bank customer, it may be worth signing up to Halifax online share dealing for simplicity. The charges are in line with some other brokers, but more expensive than others. If you have a large investment portfolio you may benefit from the low annual management fee of £36. If you are new to Halifax, there may be a better platform for you that is cheaper and easier to open.
| Feature |
Halifax
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Revolut
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|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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| Education |
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While Halifax does not offer crypto trading, Revolut provides the option for users to trade cryptocurrencies.
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0 of 5| Overall Rating | Halifax | Revolut | |
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| Review | Halifax Review | Revolut Review | |
| Winner | check_circle |
| Investments | Halifax | Revolut | |
|---|---|---|---|
| ISA | Yes | ||
| SIPP | Yes | ||
| Share Trading | Yes | ||
| CFD Trading | |||
| Funds | Yes | ||
| ETFs | Yes | ||
| Bonds - Corporate | Yes | ||
| Bonds - Government (Gilts) | Yes | ||
| Investment Trusts | Yes | ||
| Spread Betting | |||
| Crypto Trading | |||
| Advisor Services | Yes |
| Trading Fees | Halifax | Revolut | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 - £540 | |
| Share Trading: 0-9 Deals/ Month | £9.50 | £0 | |
| Share Trading: 10-19 Deals/ Month | £9.50 | 0.25% or £1 | |
| Share Trading: 20+ Deals/ Month | £9.50 | 0.25% or £1 | |
| 5 trades per year (£30k portfolio) | £83.50 | £0 | |
| 12 trades per year (£30k portfolio) | £150 | £0 | |
| 36 trades per year (£30k portfolio) | £378 | £47.88 | |
| 120 trades per year (£30k portfolio) | £1,176 | £540 | |
| 3 fund trades per year (£30k portfolio) | £64.50 | N/A | |
| Annual Custody Fee: £0 - £250,000 | £36 | £0 - £45 | |
| Annual Custody Fee: £250K-£500K | £36 | £0 - £45 | |
| Annual Custody Fee: £500,000 - £1m | £36 | £0 - £45 | |
| Annual Custody Fee: £1m and over | £36 | £0 - £45 | |
| Bonds - Corporate - Fee | £9.5 | N/A | |
| Bonds - Government (Gilts) - Fee | £9.5 | N/A | |
| ETFs - Fee | £9.5 | N/A | |
| Investment Trusts - Fee | £9.5 | N/A | |
| Telephone Dealing Fee | £25 | N/A |
| Broker Screenshots | Halifax | Revolut | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | Halifax | Revolut | |
|---|---|---|---|
| Web Platform | Yes | ||
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 0 | |
| Charting - Drawing Tools | 0 | 0 | |
| Charting - Notes | |||
| Charting - Display Corporate Events | |||
| Charting - Stock Overlays | |||
| Charting - Index Overlays |
| Research | Halifax | Revolut | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | ||
| Fund Research - Research Reports | |||
| Research - ETFs | Yes | ||
| Research - Bonds | Yes | ||
| Portfolio Allocation Breakdown | Yes |
| Education | Halifax | Revolut | |
|---|---|---|---|
| Education (Share Trading) | |||
| Education (Funds) | |||
| Education (Retirement) | |||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | Halifax | Revolut | |
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| Mobile App |
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| Review | Halifax Review | Revolut Review | |
| Winner | check_circle |
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