Halifax
J.P. Morgan Self-Directed Investing
Basic data of broker
Recommended for Beginners and long-term investors
Recommended for Beginners and buy-and-hold investors focusing on the US stock market
UK
USA
Fees
Low non-trading fees, but high trading fees.
Low trading and non-trading fees, low stock and ETF 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
1
1
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1 day
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
Proof of identity: SSN and national ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Research, education
Mid-range
Poor
Customer service
Security
£85,000
$500,000 (securities up to $500,000, cash up to $250,000)
1996
1985
UK
USA
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
Halifax's service is on par with J.P. Morgan Self-Directed Investing's and a comparison of their fees shows that Halifax's fees are slightly higher than J.P. Morgan Self-Directed Investing's.
Account opening takes somewhat more effort at Halifax compared to J.P. Morgan Self-Directed Investing, deposit and withdrawal processes are more seamless at Halifax, while customer service quality is lower than J.P. Morgan Self-Directed Investing's.
Our experts rated the trading platform of Halifax as much less user-friendly than the platform of J.P. Morgan Self-Directed Investing, found that clients have access to slightly more markets and products with Halifax, while J.P. Morgan Self-Directed Investing provides less useful research and education.
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