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.
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.
In the UK, Halifax and Revolut provide distinctly different options for those looking to invest online. Halifax shines with its comprehensive offerings, allowing users to delve into trading ETFs, funds, corporate bonds, government bonds, and investment trusts. It also stands out by offering advisor services, making it a solid choice for those seeking traditional investment avenues. This vast array of choices has earned Halifax a 5-star rating and a respectable 7th place ranking in investment choices on UK.StockBrokers.com.
Conversely, Revolut is tailored more towards those interested in contemporary markets, offering share and crypto trading. However, it does not provide options for trading ETFs, funds, bonds, or investment trusts, nor does it offer advisor services. While praised for making modern trading more accessible, Revolut receives a 3.5-star rating and is ranked 19th for investment choices by UK.StockBrokers.com. Therefore, the choice between Halifax and Revolut largely depends on whether you're inclined towards traditional securities or seeking the thrill of newer investment opportunities.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Share Trading | No | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Mutual 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.
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.
For UK-based beginner investors seeking educational resources, both Halifax and Revolut offer limited options. Neither provider conducts educational webinars, nor do they offer archived sessions for future viewing. Additionally, both Halifax and Revolut lack educational resources on crucial investment topics such as share trading, funds, and retirement planning. Despite these limitations, Halifax and Revolut each received a 3.5-star rating from UK.StockBrokers.com for beginner education. In terms of ranking, Halifax stands at the 18th position out of 21 brokers, while Revolut is slightly lower at 21st.
| 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 |
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|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Halifax and Revolut for their market research features, UK investors will find distinct differences between the two financial platforms. Halifax offers an extensive array of research options, including reports on shares, ETFs, funds, and bonds, which can be crucial for informed decision-making. On the other hand, Revolut provides research capabilities solely for shares and notably allows users to see portfolio allocation by asset class, a feature Halifax lacks. However, Revolut falls short by not offering dedicated research reports for ETFs, funds, or bonds. This comparison highlights Halifax as the more comprehensive choice for investors seeking detailed market insights, while Revolut appeals to those who prioritize portfolio visualization.
| Feature |
Halifax
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| 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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| Mobile App |
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| Website |
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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 | |
| Mutual 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 | |||
| 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) | |||
| 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 | £36 | £0 - £45 | |
| Annual Platform Fee (Funds): £250K-£500K | £36 | £0 - £45 | |
| Annual Platform Fee (Funds): £500,000 - £1m | £36 | £0 - £45 | |
| Annual Platform Fee (Funds): £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 | |||
| 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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