Fineco Bank vs Halifax compared

Fineco Bank
Halifax

Fineco Bank

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Customer service score4.5/5.0
  • Trading platform combined score3.7/5.0
  • Markets and products score4.0/5.0
Good to know
Recommended for
  • equity 4.59/5
You can't open an account at Fineco Bank

Halifax

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Customer service score0.0/5.0
  • Trading platform combined score0.8/5.0
  • Markets and products score3.2/5.0
Good to know
Recommended for
  • beginners 2.99/5
You can't open an account at Halifax
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.7

Recommended for Traders and investors looking for a great trading platform and a broker with a solid background

Overall Score
4.4

Recommended for Beginners and long-term investors

Country of origin

Italy

Country of origin

UK

Fees

Fees score
3.4
Fees score
4.0
Fees summary

Low stock, ETF, bond fees and low non-trading fees, while high forex and options fees

Fees summary

Low non-trading fees, but high trading fees.

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.6
Deposit and withdrawal score
3.8
Number of base currencies

21

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
4.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

Proof of identity: national ID / passport / driver's license

Required documents

May require proof of residency at a UK address for the last 3 years, for trading of US investments a special W-8BEN form for tax purposes

Trading platform

Web platform score
4.0
Web platform score
2.8
Mobile platform score
4.4
Mobile platform score
-
Desktop platform score
2.4
Desktop platform score
-

Markets and products

Markets and products score
4.0
Markets and products score
3.2
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
*
*
Forex
Funds
Funds
Bonds
Bonds
*
*
Options
Options
Futures
Futures
Crypto
Crypto
CFDs
CFDs
CFD disclaimer

Disclaimer: 68.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
3.8
Research score
3.5
Charting quality

Poor

Charting quality

Mid-range

Education score
3.0
Education score
3.5
Demo account
Demo account

Customer service

Customer service score
4.5
Customer service score
0.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

Up to €100,000 for cash and €20,000 for securities

Investor protection amount

£85,000

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1999

Foundation date

1996

Country of regulation

Italy, UK

Country of regulation

UK

Fineco Bank

For detailed information and hands-on experience, read our review of this broker.

Halifax

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

Fineco Bank's service is on par with Halifax's and a comparison of their fees shows that Fineco Bank's fees are slightly higher than Halifax's.

Account opening takes about the same effort at Fineco Bank compared to Halifax, deposit and withdrawal processes are somewhat easier at Fineco Bank, while customer service quality is much better than Halifax's.

Our experts rated the trading platform of Fineco Bank as much better than the platform of Halifax, found that clients have access to slightly more markets and products with Fineco Bank, while Halifax provides just about the same quality of research and education.

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