Holly Mckay
Holly MackayFounder and CEO
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Is Halifax Share Dealing good for investing?

Independent review by Boring Money

Halifax

Halifax

Halifax

This site is for the confident investor who knows what they are doing, and who is looking for a low-cost, no-frills service.

Boring Money Review of Halifax

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Holly Mackay's View

This site has lost its way – it used to rely on a low fixed £ fee making it cheap and cheerful compared to % charging competitors. But a wave of new shinier disruptors with fixed fee costs and good trading apps have left this age-old provider a bit devoid of any meaningful USP. At £9.50 a trade for shares and funds, this will be a more expensive option in Year One for most, and the costs will also rack up in subsequent years, especially for fund holders who wouldn’t pay trading fees at better looking competitors. Hard to continue to make a case for this option in 2023.

Holly Mackay Holly Mackay
Holly Mackay Founder and CEO of Boring Money

Holly has accounts with all the providers on our website and independently reviews all of them.

Customer Reviews of Halifax

We collect reviews and share feedback from real users to give you the best information about providers.

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07 July 2025

I appreciate the ISA and SIPP options, and the platform feels secure and well regulated

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06 July 2025

Reminder to view online statements. Dealing straight forward. Annual fee £36

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06 July 2025

The staff in Halifax are extremely helpful and informative. The response time could use some improvement to be exceptional.

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Is Halifax right for you?

Ease of use

Navigating this site can be a bit frustrating. Researching shares and funds is not intuitive and the fund information, supplied by Morningstar, is factual without offering much help about what to actually pick and why. It’s difficult to zip through the website, as everything is cluttered and the content is extremely text heavy.

Mobile & Apps

There is no investment app available. The website is not particularly mobile-friendly, especially when assessing potential fund choices. Investors are even advised to only attempt certain functions on desktop.

Facts, Fees & Behind the Scenes at Halifax

If you know what you want – to get in, trade and then get out – it works fine. And at £12.50 a year to hold an ISA here, with additional trading fees, it’s easy to see why they don’t spend a lot on development. Really depends on what the individual wants but the less confident will get lost.

Ready-made

Low charges for larger portfolios due to fixed-fee model.

What investments are available on Halifax?

Products

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Boring Money conducts rigorous, year-round testing on Halifax using our live account. Get total access to our research backed views, information on costs, charges and more.

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