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.
Webull and Halifax cater to different audiences when it comes to the variety of investment options available. For those looking to trade shares online, Webull might catch your interest as it offers share trading. However, if your interests stretch beyond just shares, Halifax provides a wider range of investment options, including trading of ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts. While both platforms do not support crypto trading, spread betting, or CFDs, Halifax stands out with its advisor services, potentially providing more guidance for investors seeking expert support.
In terms of industry ratings for investment choices, Halifax outshines Webull, acquiring a 5-star rating from UK.StockBrokers.com, while Webull garners 3 stars. Out of 21 brokers evaluated, Halifax ranks at number 7, offering UK investors a broad array of investment choices, while Webull finds itself at the bottom at rank 21. For investors in the UK, the decision between Webull and Halifax might come down to whether they prioritize a comprehensive selection of investment options or are more focused on straightforward share trading.
| 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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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
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.
For UK traders seeking efficient mobile trading solutions, both Webull and Halifax offer apps for iPhone and Android devices, making them accessible to a wide range of users. However, when diving deeper into app performance, Webull's mobile app shines brighter with a commendable 4.5-star rating from UK.StockBrokers.com, placing it at a respectable 8th out of 21 brokers. In contrast, Halifax's mobile app earns a 3.5-star rating, ranking it 18th in the same category. This comparison highlights Webull as the more highly-rated option for mobile trading enthusiasts seeking a sleek and reliable experience.
Dive deeper: Best Stock Trading Apps UK.
When comparing the beginner investor educational resources offered by online brokers Webull and Halifax, UK investors may find that both platforms have room for improvement. Neither Webull nor Halifax provides educational client webinars or on-demand access to webinar archives. However, when it comes to educational content, Webull offers resources on share trading and funds, while Halifax lacks support in these areas. Neither platform provides educational resources specifically focused on retirement. Both Webull and Halifax receive a 3.5-star rating for beginner education from UK.StockBrokers.com. Despite this equal rating, Halifax slightly edges out Webull by ranking #18 compared to Webull's #19 out of 21 brokers reviewed for their beginner education 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 |
|
|
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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| Mobile App |
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| Education |
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| Review | Webull Review | Halifax Review | |
| Winner | check_circle |
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