Written by StockBrokers.com
In this head to head comparison of Webull vs Halifax, 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, Webull 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.
5 trades per year - Webull would cost 0.025% of trade value per year, while Halifax would cost £83.50 per year.
12 trades per year - Webull would cost 0.025% of trade value per year, while Halifax would cost £150 per year.
36 trades per year - Webull would cost 0.025% of trade value per year, while Halifax would cost £378 per year.
120 trades per year - Webull would cost 0.025% of trade value per year, while Halifax would cost £1,176 per year.
3 fund trades per year - Webull would cost £0 per year, while Halifax would cost £0 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 comparing Webull and Halifax, choosing the right online broker involves evaluating available investment options. Webull offers share trading but lacks features such as crypto trading, spread betting, ETFs, funds, bonds, and investment trusts. On the other hand, Halifax does not provide share trading but excels in other areas, offering robust trading opportunities for ETFs, funds, corporate and government bonds (gilts), and investment trusts. Additionally, Halifax provides advisor services, which can be beneficial for those seeking professional guidance.
In terms of ratings, UK.StockBrokers.com gives Webull a modest rating of 3 stars for investment choices, placing it at a lower rank of 21st out of 18 brokers, while Halifax shines with a top-notch 5-star rating, securing the 7th position. While Webull may appeal to those focused solely on share trading, Halifax presents a diverse array of investment options catering to a broader range of financial strategies. UK investors should consider their specific investment needs when choosing between these two platforms.
| Feature |
Webull
|
Halifax
|
|---|---|---|
| Share Trading | Yes | No |
| CFD Trading | No | No |
| ETFs | No | Yes |
| Funds | No | Yes |
| Bonds - Government (Gilts) | No | Yes |
| Investment Trusts | No | Yes |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | No | Yes |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When comparing Webull and Halifax, UK investors will find Webull to be the more feature-rich option for charting and trading tools. Webull's platform shines with its ability to display corporate events like earnings, dividends, and splits directly on charts, a feature absent in Halifax's offerings. In addition, Webull provides 17 drawing tools and 12 technical indicators, allowing for a more detailed and customized analysis, whereas Halifax offers none. Both platforms include a browser-based trading platform and stock price alerts, but Webull's features extend further with the capability of real-time market data and adding notes and stock overlays to charts, while these options are missing from Halifax.
For those who value in-depth market analysis, Webull offers significant advantages. Webull users can create alerts for stock price updates and access real-time market data, essential for informed decision-making in fast-moving markets. Halifax does provide a basic online platform with alerts, but it lacks the ability to add notes or stock overlays to charts, limiting versatility in tracking investments. Overall, Webull stands out in terms of charting tools and data access, making it a more comprehensive choice for UK traders who aim to maximize their trading capabilities.
| Feature |
Webull
|
Halifax
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 12 | 0 |
| Charting - Drawing Tools | 17 | 0 |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | Yes | No |
| Charting - Stock Overlays | Yes | No |
| Charting - Index Overlays | No | No |
When comparing online brokers Webull and Halifax with a focus on retirement account offerings for UK investors, notable differences emerge. Webull does not provide Individual Savings Accounts (ISAs) or Self-Invested Personal Pensions (SIPPs), which may limit its appeal for those looking to manage their retirement plans online. In contrast, Halifax offers both ISAs and SIPPs, giving investors flexible options to fund their retirement while benefitting from potential tax advantages. Therefore, for UK-based investors seeking to incorporate ISAs and SIPPs into their retirement strategy, Halifax presents a more suitable choice than Webull.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Webull and Halifax both offer mobile apps for iPhone and Android devices, offering trading convenience at your fingertips. According to UK.StockBrokers.com, Webull's app stands out with an impressive rating of 4.5 stars, making it a top contender ranked at 8th among 18 brokers. Meanwhile, Halifax's app holds a 3.5-star rating and ranks 18th, suggesting room for improvement in user satisfaction and functionality. UK investors might find Webull's app to be a more polished choice, while Halifax offers basic accessibility for its trading services via mobile.
Dive deeper: Best Stock Trading Apps UK.
When comparing beginner investor educational resources between the online broker Webull and Halifax, both platforms have room for growth, as neither offers client webinars, live or archived. However, Webull provides educational materials on share trading and funds, areas where Halifax falls short. Neither broker offers resources on retirement. Despite these differences, both Webull and Halifax receive an identical rating of 3.5 stars for beginner education from UK.StockBrokers.com. However, in terms of ranking, Halifax slightly outperforms Webull, coming in at #18 out of 18 brokers, while Webull is ranked #19.
| Feature |
Webull
|
Halifax
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | No |
| Education (Funds) | Yes | No |
| Education (Retirement) | No | No |
| Education |
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|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Webull and Halifax for market research features, both online brokers offer shares research, providing valuable insights for those investing in stocks. However, Halifax stands out by offering additional research capabilities not found with Webull. Halifax provides research for ETFs, funds, and bonds, while Webull does not cover these areas, limiting its research offerings. Neither platform offers research reports for funds or the ability to see portfolio allocation by asset class, and both lack CFDs research. For investors in the UK seeking comprehensive market research across a variety of financial instruments, Halifax may offer a broader spectrum of options compared to Webull.
| Feature |
Webull
|
Halifax
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | No | Yes |
| Research - Bonds | No | Yes |
| Research - Funds | No | Yes |
| Fund Research - Research Reports | No | No |
| Portfolio Allocation Breakdown | No | No |
Which broker is better overall, Webull or Halifax? After collecting more than 900 data points over a 10-week period, we found Webull to be a better trading platform overall.
| Feature |
Webull
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Halifax
|
|---|---|---|
| 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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Both Webull and Halifax do not offer crypto trading, making them similar in that they focus on other aspects of online brokerage without the inclusion of cryptocurrency options.
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0 of 5| Overall Rating | Webull | Halifax | |
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| Review | Webull Review | Halifax Review | |
| Winner | check_circle |
| Investments | Webull | Halifax | |
|---|---|---|---|
| ISA | No | Yes | |
| SIPP | No | Yes | |
| Share Trading | Yes | No | |
| CFD Trading | No | No | |
| Funds | No | Yes | |
| ETFs | No | Yes | |
| Bonds - Corporate | No | Yes | |
| Bonds - Government (Gilts) | No | Yes | |
| Investment Trusts | No | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | Yes |
| Trading Fees | Webull | Halifax | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | 0.025% | £9.50 | |
| Share Trading: 10-19 Deals/ Month | 0.025% | £9.50 | |
| Share Trading: 20+ Deals/ Month | 0.025% | £9.50 | |
| 5 trades per year (£30k portfolio) | 0.025% of trade value | £83.50 | |
| 12 trades per year (£30k portfolio) | 0.025% of trade value | £150 | |
| 36 trades per year (£30k portfolio) | 0.025% of trade value | £378 | |
| 120 trades per year (£30k portfolio) | 0.025% of trade value | £1,176 | |
| 3 fund trades per year (£30k portfolio) | N/A | £64.50 | |
| Annual Custody Fee: £0 - £250,000 | £0 | £36 | |
| Annual Custody Fee: £250K-£500K | £0 | £36 | |
| Annual Custody Fee: £500,000 - £1m | £0 | £36 | |
| Annual Custody Fee: £1m and over | £0 | £36 | |
| Bonds - Corporate - Fee | N/A | £9.5 | |
| Bonds - Government (Gilts) - Fee | N/A | £9.5 | |
| ETFs - Fee | N/A | £9.5 | |
| Investment Trusts - Fee | N/A | £9.5 | |
| Telephone Dealing Fee | N/A | £25 |
| Broker Screenshots | Webull | Halifax | |
|---|---|---|---|
| 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 | Webull | Halifax | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 12 | 0 | |
| Charting - Drawing Tools | 17 | 0 | |
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | No | No |
| Research | Webull | Halifax | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | No | Yes | |
| Fund Research - Research Reports | No | No | |
| Research - ETFs | No | Yes | |
| Research - Bonds | No | Yes | |
| Portfolio Allocation Breakdown | No | No |
| Education | Webull | Halifax | |
|---|---|---|---|
| Education (Share Trading) | Yes | No | |
| Education (Funds) | Yes | No | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Webull | Halifax | |
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| Review | Webull Review | Halifax Review | |
| Winner | check_circle |
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