Basic data of broker
Recommended for Beginners and long-term investors
Recommended for Forex and CFD traders familiar with the MetaTrader trading platforms
UK
Australia
Fees
Low non-trading fees, but high trading fees.
Low forex and stock index CFD fees, but high stock CFD
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
9
Deposit type
Withdrawal type
Account opening
$0
$50
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
Valid Photo ID, deed of foundation for corporate account
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Mid-range
Customer service
Security
£85k
No investor protection
£85k
No investor protection
1996
2009
UK
Vanuatu, but Vantage Group has regulation in Australia, UK, Cayman Islands
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 Vantage's and a comparison of their fees shows that Halifax's fees are similar to Vantage's.
Account opening takes somewhat more effort at Halifax compared to Vantage, deposit and withdrawal processes are somewhat more complicated at Halifax, while customer service quality is considerably lower than Vantage's.
Our experts rated the trading platform of Halifax as much less user-friendly than the platform of Vantage, found that clients have access to slightly more markets and products with Halifax, while Vantage provides better research and education.