Do you review Halifax Share Dealing?

Gerald | UK| 11/04/2018 | 0

  • Shares

Gerald's question in full

Hello, I just found your web site (recommended in Andy Bell's book on Do It Yourself investing). Could you say why you do not review Halifax Share Dealing in your list of ISA providers? I know they do not use funds but they do ETF's and investment trusts. I understand they have ISA account at a fixed price at £12.50 a year and each equity ETF/IT for £12.50 to buy and sell. Is there anything wrong with this ISA provider for you not to include it? I note you have however reviewed the IWeb Share Dealing owned by the same Halifax company.

Richard Bradley's Response

Hi Gerald,

We're sorry you didn't find what you're looking for. There is no specific reason why Halifax Share Dealing is not included. We're always reviewing new providers and will be adding more over the next few months. From the work we've done on Halifax Share Dealing so far - those who use them typically rate it highly for value for money. For an ISA it's only £12.50 per year and then £10.50 for each transaction so it's pretty low cost, particularly for people who don't buy or sell very often. Users tend to find the website a bit basic and not as slick as some of the other ISA providers. For cost alone it's a solid option, but it lacks the pizzazz and user-first experience of others. 

As a more general point: we do research with investors and people looking to invest, and often find that some of the lower-cost stockbrokers (including Halifax Share Dealing and iWeb) can be a bit overwhelming, with thousands of funds and shares from which to choose, with little help on how to build a diversified portfolio.

Best of luck!




Just be aware...

We are not regulated to give personal financial advice - This isn’t full-fat regulated financial advice. Boring Money is a publisher and not regulated by the FCA. 

This means we can't help with specific personal circumstances or recommend specific investment products. It also basically means that if we say something daft, you have no recourse to come back and complain.

We’re only allowed to give you a steer or share an opinion or tell you the facts - That said, we promise that our answer to you is an independent unbiased perspective with no commercial gain to make. If you need regulated financial advice, you can find a good adviser via sites such as Unbiased & Vouchedfor.

Our Expert


Richard Bradley

Boring Money's ex-Head of Data. Richard started out at Holly’s previous business, The Platforum, in 2011, where he looked at how advisers and consumers deal with investments. Following that, he spent 18 months conducting financial services market research at international media agency Fundamental Media.

Related Questions

Got a Question?

Got a question? Ask our experts

Ask Our Experts

Sign up for Holly's blog

Stay up to date

Our free weekly blog with Holly's
no-nonsense opinions, tips & food for thought.
If you change your mind, you can unsubscribe at any time. We'll never share your details and you can unsubscribe any time.