Halifax Share Dealing Services and Features

Halifax Share Dealing Services offer a range of features that make it easy to buy, sell, and manage your shares.

You can access your account online, 24/7, to check your balance, view your portfolio, and place trades.

Halifax charges a flat rate of £12.50 per trade for UK shares, and £25 per trade for international shares.

This fee is competitive with other share dealing services and makes it an affordable option for investors.

Halifax also offers a range of investment options, including ISAs, SIPP, and Stocks and Shares ISAs.

Halifax Share Dealing has its fair share of pros and cons. One of the cons is the high commission fee of £9.50 for UK investments.

Another con is that the platform isn't completely user-friendly, which can be frustrating for those who are new to share dealing. This might take some getting used to.

However, there is one notable con that stands out - the steep foreign exchange (FX) fee of 1.25% that's charged on certain transactions. This can add up quickly, so it's essential to keep an eye on your fees.

Here are the key cons to consider:

The pros of using this investment platform are definitely worth considering. One of the biggest advantages is the flat account fee of £36 per year, which can work out very cheap.

You can also get this fee waived if you're between 18 and 25 years old, which is a great perk for young investors. With around 8,000 investment options available, you'll have a vast range to choose from.

Their ready-made portfolios have above average performance, and the experts who put them together have done a great job of making investing simple. Excellent research features are also available, making it easy to make informed decisions.

In addition to investment options, you'll also find an excellent range of savings accounts and cash ISAs, including a high rate of interest on fixed rate savings accounts.

The cons of using this platform are worth considering. One major drawback is the high £9.50 commission for UK investments, which can eat into your profits.

This platform isn't the most user-friendly, and it may take some time to get the hang of it. The steep foreign exchange (FX) fee of 1.25% is another con to be aware of.

Here are the cons in a nutshell:

Halifax Share Dealing's fees are straightforward and competitive, making it an attractive option for investors.

The annual platform fee is £36 for Share Dealing ISAs and Share Dealing Trading Accounts, but if you have both, you only pay once. This fee is waived for 18-25 year olds with an Invest Wise or Invest Wise ISA Account.

Halifax charges a quarterly account charge of £22.50 if the SIPP value is £50,000 or less, and £45 if the value is above £50,000.

The dealing fees for Halifax Share Dealing are a flat rate of £9.50 per transaction, and 1.25% FX fee for international trades.

For frequent investors, the transaction fee is £8 per trade if you make more than 8 transactions a month.

Halifax also offers regular investing without commission, and automatic dividend reinvestment at 2% of the dividend value, capped at £9.50 per stock.

Here's a breakdown of the fees:

Overall, Halifax Share Dealing's fees are competitive, especially for regular investors and those with larger portfolios.

Halifax offers a wide range of investment options, including shares, funds, and ETFs. You can choose from a variety of asset types, such as funds, shares, exchange traded funds, and bonds.

Halifax has a fund selection of around 2,900 to choose from, which is one of its greatest strengths. The Halifax Funds centre provides detailed analytics and an intuitive platform to invest from.

You can invest in both UK and international markets with Halifax, giving you access to a global range of shares. Halifax also offers a unique feature of investing in initial public offerings (IPOs), usually only available to institutional investors.

Halifax's investment choice score is 8.7 out of 10, indicating a great selection of investments. You can search for investments using Halifax's screener tool.

Halifax offers a range of investment options, including:

Halifax's account types and products score is 8.3 out of 10, indicating a great range of accounts and products. You can choose from a General Investment Account (GIA), Stock and Shares ISA, Self-Invested Personal Pension (SIPP), and more.

Halifax also offers a range of ready-made portfolios, including Cautious, Balanced, and Progressive options. These portfolios are designed to suit different risk levels and investment goals.

Halifax Share Dealing offers a range of features that cater to different investor needs.

The platform supports GBP as its key base currency, providing a convenient and familiar environment for UK investors.

Halifax Share Dealing has a high availability of ETFs, with over 700 options to choose from, making it an attractive option for investors looking to diversify their portfolios.

One notable limitation of the platform is its lack of multicurrency support, which may be a drawback for investors with international holdings.

Halifax Share Dealing offers cash interest on SIPP accounts, providing a potential source of income for investors.

However, investors looking for margin loans will be disappointed to find that this feature is not available on the platform.

In terms of exchanges, Halifax Share Dealing offers access to the London Stock Exchange, Nasdaq, and major European exchanges, providing a wide range of investment opportunities.

Security transfers are also supported on the platform, making it easy for investors to manage their portfolios.

Halifax Share Dealing relies on none of its external PFOF (Payment for Order Flow), ensuring that investors' interests are not compromised by third-party influences.

Halifax's investment features have been rated highly by experts, with a overall rating of 8.2 out of 10.

Halifax offers a wide range of investments with access to plenty of markets, making it an attractive option for investors looking to diversify their portfolios.

The platform has also been praised for its safety and security features, with a rating of 10 out of 10.

Halifax offers a variety of account types and products, including General Investment Accounts (GIAs), Stocks and Shares ISAs, and Self-Invested Personal Pensions (SIPPs).

The platform's tools and resources are also highly rated, with a score of 8.3 out of 10.

Halifax offers interactive charting, investment research and analysis tools, and fund and ETF research insights, making it easier for investors to make informed decisions.

Here are some of the key features and tools available on the Halifax Share Dealing platform:

Halifax Share Dealing operates under the regulation of the UK's Financial Conduct Authority (FCA). This means you're protected by the UK's regulatory framework.

The FCA is a well-respected authority that oversees the UK's financial services industry. They ensure that firms like Halifax Share Dealing operate fairly and transparently.

If you're a UK-based investor, your deposits are guaranteed up to a maximum of £85k. This is a reassuring safety net that protects your investments.

Here's a summary of Halifax Share Dealing's regulatory status:

This guarantee provides peace of mind for UK investors, knowing that their deposits are protected in case of any unforeseen circumstances.

Halifax Share Dealing has dedicated phone lines for Share Dealing and ready-made portfolio customers, available from 8am to 9pm Monday to Friday, and from 8am to 5pm for ready-made portfolio enquiries.

The service is available during these hours, but it's worth noting that some customers may not be satisfied with the level of service they receive.

Halifax Share Dealing has a very low rating on Trustpilot, with an average rating of 1.6 stars.

A staggering 82% of all customers who review Halifax Share Dealing give it a 1-star review, indicating widespread dissatisfaction with the service.

With Halifax Share Dealing, you can easily track your dividend history.

You can retrieve an array of historical dividends relating to your account with just a few clicks.

Halifax Share Dealing allows you to access your dividend history, giving you a clear picture of your investment performance.

This feature is especially useful for tracking dividend payments over time.

By examining your dividend history, you can make more informed decisions about your investments.

Halifax Share Dealing offers a range of services to help you manage your investments.

You can open a share dealing account online, by phone, or through a branch, making it easy to get started.

Halifax Share Dealing offers a wide range of UK and international shares, giving you access to a vast array of investment opportunities.

You can trade shares online or over the phone, with the ability to place trades at any time of the day or night.

Halifax Share Dealing offers a range of account types, including a Cash Account, which allows you to hold your money in a separate account while you're deciding what to invest in.

You can also choose from a range of trading platforms, including the Halifax Share Dealing Online Service, which offers real-time prices and a user-friendly interface.

Halifax Share Dealing charges a flat rate of £12.50 per trade, regardless of the size of the trade, and also charges a £1.50 annual management fee.