Halifax Logo

Halifax commission and other fees

Your expert
Nicole C.
Fact checked by
Adam N.
Updated
6d ago
Personally tested
Data-driven
Independent

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.

Visit broker

BrokerChooser score
4.1 4.1 /5
Visit broker

Halifax commission and other trading fees

The good news is that Halifax has low trading fees in general. We ranked the fees of Halifax 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
Stock and ETF
Low Average High
Forex
- - -
Fund
Low 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 low. Halifax stock and ETF commissions are charged as per the table below.

Halifax stock and ETF commission
US stock
Commission-free, but 1.25% conversion fee for international trades
UK stock
£9.50 per trade
German stock
Commission-free, but 1.25% of exchange rate for international trades
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
US stock
$0.0
$9.4
$12.4
UK stock
$11.9
$12.5
$12.4
German stock
$0.0
-
$12.4
Indian stock
-
-
-

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

Halifax fund commissions

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

Halifax fund commissions
Mutual fund
£9.50 per trade

Check out how Halifax fund fees compare with the competition.

Halifax fund commissions
Mutual fund
$11.9
$0.0
$1.9

Fund commissions are calculated for a $2,000 trade

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
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

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.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

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.

Nicole Conrad
Author of this article
Nicole is a former intern content contributor for BrokerChooser. She came with experience and certification in Accounting, and pursued graduate studies in Economic Policy. Nicole wrote broker reviews to provide transparency for customers: highlighting brokers’ exceptional services and holding them accountable for questionable practices.
×
I'd like to trade with...