Compare ChoiceTrade vs Halifax


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against Halifax!

ChoiceTrade vs Halifax
overall rating
4.1
4.0
overall pros
  • Commission-free listed stock and ETF trades
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Low non-trading fees
  • Good options for deposits and withdrawals
  • Quick and easy account opening
overall cons
  • High non-trading fees
  • Not user-friendly withdrawal
  • Limited product portfolio
  • High stock trading fees
  • Limited web-based platform
  • No mobile or desktop platforms
fees
4.4
  • Low trading fees
  • Commission-free stock trading
  • Withdrawal fee
  • Inactivity fee
2.2
  • Low non-trading fees
  • No withdrawal fee
  • No inactivity fee
  • High trading fees
  • High stock and ETF fees
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • User-friendly
4.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Not user-friendly
  • Only for UK residents
deposit and withdrawal
0.8
  • No deposit fee
  • Credit/Debit card not available
  • High withdrawal fee
  • Withdrawal is excessively complicated
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Only one account base currency
  • Slow withdrawal - over 3 days
  • Electronic wallets not available
web trading platform
1.5
  • Clear fee report
  • Good variety of order types
  • Order confirmation
  • No two-step (safer) login
  • Poor search function
  • Design is very outdated
3.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No research capabilities in the portal
mobile trading platform
3.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • Poor search function
  • No price alerts
desktop trading platform
2.8
  • Clear fee report
  • Good variety of order types
  • Good search function
  • Limited customizability (for charts, workspace)
  • No two-step (safer) login
  • No price alerts
markets and products
2.1
  • Stock
  • ETF
  • Options
3.0
  • Stock
  • ETF
  • Fund
  • Investment Trusts
research
2.9
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • Not user-friendly
3.5
  • Trading ideas
  • Data on asset fundamentals
  • Research tools not integrated into web trading platform
customer service
3.9
  • Phone support
  • Fast response time
  • Professional tone
  • No live chat
  • No 24/7 support
3.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • No response to email
education
3.0
  • Demo account
  • Trading platform tutorial
  • Hard to navigate
  • Poor production quality
  • Not updated for a long time
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
recommended for Stock and options traders looking for low trading fees and focusing on the US market Beginners and long-term investors
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