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.
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.
For UK investors exploring the world of online trading, Halifax and Revolut present contrasting choices in terms of available investment options. Halifax is well-suited for those interested in a wide range of traditional investments, offering services such as trading ETFs, corporate and government bonds, funds, and investment trusts. Additionally, Halifax provides advisor services, which can be advantageous for investors who prefer professional guidance. On the other hand, Revolut caters more to those inclined towards modern trading avenues, permitting share and cryptocurrency trading. However, Revolut does not offer access to ETFs, bonds, or funds, and lacks advisory services.
UK.StockBrokers.com ranks Halifax higher for investment choices, offering it a 5-star rating and positioning it at #7 out of 18 brokers, largely due to its varied traditional investment options. In contrast, Revolut receives a 3.5-star rating and is ranked #19, reflecting its more limited, albeit modern-focused, investment offerings. Ultimately, the choice between Halifax and Revolut boils down to whether an investor prioritizes traditional investment vehicles and advisory support or prefers direct access to shares and cryptocurrencies.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Share Trading | No | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | No | Yes |
| Advisor Services | Yes | No |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing Halifax and Revolut for online trading in the UK, both platforms provide a basic experience but differ in certain features. Neither Halifax nor Revolut offers the ability to display corporate events like earnings, splits, or dividends on their charts. Furthermore, neither platform provides drawing tools, technical indicators, notes, index overlays, or stock overlays—features that are commonly desired by traders for detailed chart analysis. However, Halifax does offer a browser-based trading platform, while Revolut does not.
Both Halifax and Revolut allow traders to create alerts for stock price updates, which can be helpful for those looking to stay informed on market movements. A key difference is that Revolut offers real-time market data, providing users with up-to-date information, whereas Halifax does not support this feature. Thus, for traders who prioritize instant access to live market data, Revolut might be the more appealing option.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Web Platform | Yes | No |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 0 |
| Charting - Drawing Tools | 0 | 0 |
| Charting - Notes | No | No |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | No | No |
| Charting - Index Overlays | No | No |
When comparing online brokers Halifax and Revolut for UK retirement accounts, Halifax emerges as the more comprehensive option. Halifax offers both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), making it a versatile choice for those looking to manage their retirement savings efficiently. In contrast, Revolut does not provide either ISAs or SIPPs, which limits its appeal for retirement planning compared to Halifax. For UK investors seeking flexible retirement account options, Halifax provides a broader selection of account types tailored to future financial security.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
In the UK, both Halifax and Revolut provide comprehensive mobile app options for iPhone and Android users. When comparing their app quality, Revolut receives a slight edge with a 4-star rating from UK.StockBrokers.com, while Halifax trails with a 3.5-star score. Among 18 online brokers, Revolut is placed 14th for mobile app performance, showcasing its decent usability and features. In contrast, Halifax ranks 18th, suggesting there may be room for improvement in user satisfaction or functionality. Overall, UK users seeking a solid mobile trading experience might find Revolut's app more appealing based on these evaluations.
Dive deeper: Best Stock Trading Apps UK.
For UK beginners looking to dive into investing, both Halifax and Revolut provide limited educational resources, offering no webinars or on-demand sessions and lacking coverage on topics like share trading, funds, and retirement. Despite these similarities, Halifax and Revolut each share a 3.5-star rating for beginner education from UK.StockBrokers.com. However, Halifax slightly edges ahead in their rankings, placing 18th out of 18 brokers, while Revolut follows closely behind at 21st. Aspiring investors might benefit from exploring additional resources beyond what these two platforms currently provide.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | No | No |
| Education (Funds) | No | No |
| Education (Retirement) | No | No |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of Halifax and Revolut for UK investors, Halifax stands out by offering research reports on shares, ETFs, funds, and bonds, providing a variety of insights for those interested in comprehensive market data. Meanwhile, Revolut offers shares research and has the advantage of allowing users to see their portfolio allocation by asset class, a feature not available with Halifax. However, Revolut's research options are more limited, as it does not provide reports on ETFs, funds, or bonds, setting it apart from Halifax, which covers a broader spectrum of investment vehicles. It's important to consider these distinctions when choosing a broker based on your market research needs.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | Yes | No |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | No |
| Fund Research - Research Reports | No | No |
| Portfolio Allocation Breakdown | No | 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
|
|---|---|---|
| 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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Halifax does not offer crypto trading, whereas Revolut provides users with the capability 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 | No | |
| SIPP | Yes | No | |
| Share Trading | No | Yes | |
| CFD Trading | No | No | |
| Funds | Yes | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | Yes | No |
| 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 | No | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 0 | |
| Charting - Drawing Tools | 0 | 0 | |
| Charting - Notes | No | No | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | No | No | |
| Charting - Index Overlays | No | No |
| Research | Halifax | Revolut | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | No | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | No | Yes |
| Education | Halifax | Revolut | |
|---|---|---|---|
| Education (Share Trading) | No | No | |
| Education (Funds) | No | No | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Halifax | Revolut | |
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| Review | Halifax Review | Revolut Review | |
| Winner | check_circle |
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