Halifax vs Hargreaves Lansdown compared

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

Halifax
Hargreaves Lansdown

Last update of dataJan 2023

Halifax

UK stockbroker, part of Halifax (Bank of Scotland), owned by Lloyds Banking Group

Recommended for beginners and long-term investors.

Hargreaves Lansdown

Hargreaves Lansdown is a UK broker, regulated by the top-tier FCA. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100, a stock index of the biggest listed companies in the UK.

Recommended for beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms.

Halifax's service is on par with Hargreaves Lansdown's and a comparison of their fees shows that Halifax's fees are slightly lower than Hargreaves Lansdown's.

Account opening takes somewhat more effort at Halifax compared to Hargreaves Lansdown, deposit and withdrawal processes are about the same quality at Halifax, while customer service quality is considerably lower than Hargreaves Lansdown's.

Our experts rated the trading platform of Halifax as much less user-friendly than the platform of Hargreaves Lansdown, found that clients have access to about the same number of markets and products with Halifax, while Hargreaves Lansdown provides somewhat better research and education.

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

Basic data of broker

Overall Score
4.4

Recommended for Beginners and long-term investors

Overall Score
4.6

Recommended for Beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms

Country of origin

UK

Country of origin

UK

Fees

Fees score
4.0
Fees score
3.2
Fees summary

Low non-trading fees, but high trading fees.

Fees summary

Average trading fees, low non-trading fees, low fund 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
3.8
Deposit and withdrawal score
3.8
Number of base currencies

1

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.0
Account opening score
4.6
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1 day

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

Required documents
*

Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill

*

Trading platform

Web platform score
2.8
Web platform score
3.7
Mobile platform score
-
Mobile platform score
3.9
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
3.2
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

Research, education

Research score
3.5
Research score
4.0
Charting quality

Mid-range

Charting quality

Mid-range

Education score
3.5
Education score
3.5
Demo account
Demo account

Customer service

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

Security

Investor protection amount

£85,000

Investor protection amount

£85,000

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

1996

Foundation date

1981

Country of regulation

UK

Country of regulation

UK

No withdrawal fee limit

-

No withdrawal fee limit

-

Minimum deposit via bank transfer

-

Minimum deposit via bank transfer

-

Recommended min deposit by broker

-

Recommended min deposit by broker

-

Halifax

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

Hargreaves Lansdown

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.

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