Stock trading at a glance

Buying and selling stocks is probably the most common form of investment and given the explosion in the number of online brokers over the past years, nearly everyone can invest in stocks. You don’t need a large amount of money to start investing in a company; everyday investors do it with $100 or less.

Halifax clients have access to real stocks, meaning they can buy and sell shares at this online broker. Follow these easy steps to start buying stocks at Halifax:

  1. Open an investment account at Halifax
  2. Transfer money to your account
  3. Find a stock or ETF that you want to buy on the trading platform
  4. Buy the stock(s) or ETF(s)
  5. Review your positions regularly
  6. Sell as you see fit

Halifax stocks: an in-depth guide to stock trading
What stocks can you trade at Halifax?

Halifax gives access to 8 stock exchanges for trading real stocks.

The following table contains an estimated number of stocks available at Halifax and its closest competitors. Some brokers that offer access to the NYSE and Nasdaq focus on the biggest names and may not list some smaller companies. Other brokers allow you to trade all stocks listed on the respective exchange, giving you more flexibility in setting up your investment portfolio.

Snapshot of stock market and stock availability
Halifax Fidelity International AJ Bell Youinvest
Number of stock markets 8 3 19
Approx. number of stocks 1,700 2,100 15,000

Check out the following table for details about US stock trading at Halifax.

Due to limited trading activity, stocks usually have greater price fluctuation and wider bid-ask spreads during extended hours compared to standard market hours.

Halifax US stock market details
Halifax Fidelity International AJ Bell Youinvest
Number of stock markets 8 3 19
Number of stocks - - -

Halifax stocks: an in-depth guide to stock trading
Trading costs at Halifax

Trading stocks comes with a range of brokerage fees, which can be divided into trading and non-trading fees. Trading fees are directly tied to a trade and usually include commissions, spreads, financing rates and conversion fees. Non-trading fees are charges not directly related to trading, such as withdrawal fees or inactivity fees. When you are trading stocks, the most important fees are commissions. For a more detailed breakdown of costs related to investing, check out our in-depth guide to brokerage fees.

When it comes to trading real stocks at Halifax, commissions are Low when compared with all brokers we’ve reviewed at Brokerchooser. The following tables contain the most important charges related to stock trading and the fees levied by the competitors of Halifax.

We’ve calculated the fees for an imaginary trade of $2,000 worth of shares on American, British, Hong Kong and German stock exchanges. We’ve converted the GBP, HKD and EUR trading fees to USD for better comparison.

Halifax stock and ETF commission for a $2,000 trade
Halifax Fidelity International AJ Bell Youinvest
$2000 trade on the NYSE/NASDAQ $0.0 $11.3 $11.2
$2000 trade on the LSE $10.7 $11.3 $11.2
$2000 trade on a German stock exchange $0.0 - $11.2
$2000 trade on the Hong Kong stock exchange - - -

Now let’s take a look at non-trading fees. Most online brokers don’t charge an account fee, nor deposit fees, but inactivity fees and withdrawal fees are more common.

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

Halifax stocks: an in-depth guide to stock trading
Minimum deposit for trading stocks at Halifax

The minimum deposit to open a brokerage account with Halifax is $0. This is a great benefit as there are brokers that require as much as a couple thousand dollars.

Minimum amount required to open an account at Halifax vs its competitors
Halifax Fidelity International AJ Bell Youinvest
Minimum deposit $0 $1,360 $0

Halifax stocks: an in-depth guide to stock trading
Bottom line

While buying stocks and ETFs may prove one of the best long-term investments, it also carries a number of risks. In addition to unpredictable market movements, the most common risks include choosing the wrong broker, not diversifying your portfolio and investing in lousy stocks. To avoid some of these pitfalls, check out our guide about managing risks related to trading stocks.

We recommend only quality brokers, so you can be sure that none of the online brokers listed here are scams. In order to be sure, we check roughly 20 safety-related criteria, such as regulation, investor protection amount and the transparency of the broker’s financials. Lastly, at least one top-tier financial authority regulates all the brokers you can find on BrokerChooser.

If you want to read our full review of Halifax, including fees, deposit options and platform reviews (like web and desktop), visit Halifax review.

Author of this article

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.

Nicole Conrad

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.

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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