Overview of Halifax fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates Halifax charges.

Halifax commission and other fees
Halifax commission and other trading fees

Halifax has average trading fees in general. We ranked Halifax fee levels as low, average or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Halifax commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Halifax commission and other trading fees
Halifax Fidelity International AJ Bell Youinvest
Stock and ETF Average Average Average
Forex - - -
Fund Average Low Low
Bond - - Low
Options - - -
Futures - - -

Now let's go over the trading fees for each asset class one by one.

Halifax stock and ETF commissions, spreads

Halifax stock and ETF commissions are average. Halifax stock and ETF commissions are charged as per the table below.

Halifax stock and ETF commission
Halifax
US stock £9.50 per trade, 1.25% of exchange rate for international trades
UK stock £9.50 per trade
German stock £9.50 per trade
Indian stock Not available

You can compare Halifax stock and ETF fees with the two closest competitors.

Halifax stock and ETF commission, spreads vs competitors
Halifax Fidelity International AJ Bell Youinvest
US stock $13.3 - $13.9
UK stock $13.3 $14.0 $13.9
German stock $13.3 - $13.9
Indian stock - - -

Stock and ETF commissions are calculated for a $2,000 trade

Halifax fund commissions

Halifax fund commissions are average. The table below shows how Halifax fund commissions are calculated.

Halifax fund commissions
Halifax
Mutual fund £9.50 per trade

Check out how Halifax fund fees compare with the competition.

Halifax fund commissions
Halifax Fidelity International AJ Bell Youinvest
Mutual fund $13.3 $0.0 $2.1

Fund commissions are calculated for a $2,000 trade

Halifax commission and other fees
Halifax non-trading fees

In addition to trading fees, it's important to see if Halifax charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Halifax with its two closest competitors.

Halifax non-trading fees vs competitors
Halifax Fidelity International AJ Bell Youinvest
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee Yes No No
Inactivity fee No No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Halifax commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Halifax and its closest competitors. To learn more about Halifax, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Nicole Conrad

Author of this article

Nicole is an intern content contributor for Brokerchooser. She comes to Brokerchooser with experience and certification in Accounting, and she currently is pursuing graduate studies in Economic Policy. Nicole writes broker reviews to provide transparency for customers: highlighting brokers’ exceptional services and holding them accountable for questionable practices.

Nicole Conrad

Broker Analyst

Nicole is an intern content contributor for Brokerchooser. She comes to Brokerchooser with experience and certification in Accounting, and she currently is pursuing graduate studies in Economic Policy. Nicole writes broker reviews to provide transparency for customers: highlighting brokers’ exceptional services and holding them accountable for questionable practices.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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