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, Halifax offers better pricing than Webull 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.
When comparing the investment choices available at Webull and Halifax, users will find distinct differences in their offerings. Webull provides share trading, but does not support trading in ETFs, crypto, spread betting, CFDs, funds, corporate bonds, government bonds, investment trusts, or advisor services. On the other hand, Halifax excels in variety, offering options to trade in ETFs, funds, corporate bonds, government bonds, and investment trusts, alongside providing advisor services. Neither platform offers cryptocurrency, spread betting, or CFD trading.
In terms of investment choice ratings, Webull receives a satisfactory score of 3 stars from UK.StockBrokers.com, while Halifax garners an impressive 5-star rating for its wide range of investment options. Halifax also ranks 7th out of 18 brokers for investment choices, illustrating a broader appeal compared to Webull, which is not ranked. For investors seeking diverse investment opportunities, Halifax emerges as a more versatile choice compared to Webull's more limited range.
| 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 the trading tools available from online brokers Webull and Halifax, there are some clear differences. Webull provides comprehensive charting tools, including the ability to display corporate events like earnings and splits directly on charts, while Halifax lacks this feature. Investors using Webull can take advantage of 17 different drawing tools and 12 technical indicators, whereas Halifax offers none. Additionally, Webull users can add notes and stock overlays to charts, enhancing their analytical capabilities. On the other hand, Halifax does not support these features.
Both Webull and Halifax offer browser-based trading platforms and allow users to create alerts for stock price updates. However, Webull stands out with its offering of real-time market data, a feature that Halifax does not provide. While Webull is equipped with numerous advanced trading tools that empower investors to make informed decisions, Halifax falls behind in terms of chart customization and data accessibility.
| 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 the online broker Webull to Halifax, it's clear that Halifax provides more options for retirement accounts. Halifax offers both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), catering to those looking to invest for retirement with tax advantages. On the other hand, Webull currently does not offer ISA or SIPP accounts, making Halifax the more versatile choice for UK-based investors seeking comprehensive retirement account options.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Webull and Halifax both offer iPhone and Android apps for convenient on-the-go trading. When it comes to evaluating the quality of their mobile applications, Webull's app shines with an impressive 4.5-star rating from UK.StockBrokers.com, although a specific ranking out of 18 brokers wasn't given. In contrast, Halifax's app holds a 3.5-star rating and is ranked 14th out of 18 brokers by the same evaluator. These ratings can be an insightful guide for traders deciding between the streamlined, highly-rated experience of Webull and the more moderately rated offering from Halifax.
Dive deeper: Best Stock Trading Apps UK.
When it comes to educational resources for beginner investors, both Webull and Halifax have their strengths and weaknesses. Neither platform offers live or archived webinars for clients, but Webull provides educational content on share trading and funds, areas where Halifax falls short. Conversely, neither covers retirement-focused education. In terms of ratings, both received a modest 3.5-star rating from UK.StockBrokers.com, though it's worth noting that Halifax is ranked 16th out of 18 brokers, while Webull remains unranked. For beginners eager to learn about trading shares and funds, Webull may present a slight advantage in educational offerings.
| 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 the market research features of online brokers Webull and Halifax, both platforms have unique offerings. For individual stock analysis, both Webull and Halifax provide strong share research, which can help investors make informed decisions. However, Halifax pulls ahead by offering a wider range of research options, including ETFs, Funds, and Bonds research, while Webull does not provide these. Additionally, neither platform supplies research reports for funds or allows users to see portfolio allocations by asset class, nor do they offer CFDs research. Ultimately, Halifax offers a broader scope of research tools compared to Webull, particularly for those interested in more diverse investment types.
| 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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