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Trading 212 vs Halifax 2022

Your capital is at risk.
Is Halifax better than Trading 212? After scoring the best share dealing accounts across 46 different variables, Trading 212 is better than Halifax. Trading 212 offers low-cost trading without lots of bells and whistles. Though tools, research and investments are limited, its user-friendliness and pricing may be an attractive option for the beginner trader.


Overall Rating

Feature Trading 212 Halifax
Overall 4.5 3.5
Commissions & Fees 5 3
Offering of Investments 2.5 4
Platform & Tools 3.5 3
Research 2 4
Education 0 3.5
Trading 212 Review
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Trading Fees

Feature Trading 212 Halifax
Minimum Deposit
£1.00 £0.00
Share Trading: 0-9 Deals/ Month
£0.00 £9.50
Share Trading: 10-19 Deals/ Month
£0.00 £9.50
Share Trading: 20+ Deals/ Month
£0.00 £9.50
Annual Custody Fee: £0 - £250,000
0.7% over £2000 £36.00
Bonds - Government (Gilts) - Fee
N/A £9.50
ETFs - Fee
£0.00 £9.50
Investment Trusts - Fee
N/A £9.50
Telephone Dealing Fee
N/A £25.00

Platforms & Tools

Feature Trading 212 Halifax
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
Yes No
Charting - Indicators / Studies
54 83
Charting - Drawing Tools
19 17
Charting - Notes
Yes Yes
Charting - Display Corporate Events
No No
Charting - Stock Overlays
No No

Research

Feature Trading 212 Halifax
Research - Shares
Yes Yes
Research - CFDs
No Yes
Research - Funds
No Yes
Fund Research - Research Reports
No No
Research - ETFs
No Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
Yes Yes

Investments

Feature Trading 212 Halifax
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
No Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
No Yes
Spread Betting
No No
Advisor Services
No Yes

Education

Feature Trading 212 Halifax
Has Education - Share Trading
Yes Yes
Has Education - Funds
No Yes
Has Education - Retirement
No Yes
Client Webinars
No Yes
Client Webinars (Archived)
No Yes

Overall

Feature Trading 212 Halifax
Overall 4.5 3.5
Commissions & Fees 5 3
Offering of Investments 2.5 4
Platform & Tools 3.5 3
Research 2 4
Education 0 3.5
Trading 212 Review
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For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Halifax vs Trading 212.

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, Trading 212 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 Trading 212 would cost £196.

3 Trades Per Month - Trading 212 is less expensive under this scenario. Trading 212 would cost £196 per year while Halifax would cost £450.

10 Trades Per Month - Trading 212 is the better choice. Annual fees with Trading 212 would total £196, while annual fees with Halifax would be £1500.

20 Trades Per Month - Halifax costs less in this scenario. Total annual costs with Halifax would equal £83.50, while Trading 212 would equal £196.00.

Which broker offers a wider range of investment options?

Trading 212 offers a more diverse selection of investment options than Halifax. Trading 212 offers investors access to ETFs, ISA and Share Trading. 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 Trading 212 is better for research than Halifax. Trading 212 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 Trading 212, we tested each broker's trading tools and share dealing app. All features compared, Trading 212 offers a better share dealing platform.

Overall winner: Trading 212

Read Next: Best UK Trading Platforms 2022


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All pricing data was obtained from a published web site as of 10/22/2021 and is believed to be accurate, but is not guaranteed. The StockBrokers.com UK staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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