Halifax Share Dealing Review

The Halifax annual charge is going up to £36 per year. Basic service but website is straightforward to use. However Halifax have never been quick to pay dividends. This has gradually got worse. For example it has just taken Halifax seven days to pay my BBOX dividend. I also hold BBOX in a SIPP with AJ Bell and they paid the dividend on 1st June. Halifax: 8th June. And it has just taken six days for Halifax to pay my BSIF, SMIF and LRE dividends. I complained but was told their terms of service state they should pay dividends within 10 days. Not good enough. I am looking to transfer my account.

10/06/2021

Bit of a last generation website but it does what you need and I find it pretty good value. Service levels are perfunctory at best, so if you're a beginner or you're getting tied up in foreign trades then you may come unstuck. The one thing I really love about the service is the % rate on divs reinvestment, even lowish flat rates on other sites really make the charges accumulate on smaller dividend amounts.

19/03/2021

Appalling service if you have any issues at all. Bought SWISS Stocks through them - Nestle and the like - - now they refuse all dealing in these stocks - without prior warning. So now trying to transfer the stocks to another provider and they have been beyond appalling. Not answering the phone at all now - not even on their DEALING lines. Not responding at all to the other provider either !!

28/02/2021

very basic, cheap, serve my needs. better for more confident and experienced investor.

15/02/2021

Good value, easy to operate, simple and effective website.

12/02/2021

Easy to use website, plus very personal face to face service when I needed to transfer paper shares into the account. Friendly and professional.

12/02/2021

Good value overall and efficiently run. Dealing costs themselves are fairly high but regular investment charges, rescued charge buying offers, very low dividend reinvestment charges make this a winner for my dividend income portfolio. The website and information services are more basic than competitors but this suits my portfolio where I only trade between 10 and 20 times a year to invest a monthly amount and churn worst performers.

30/01/2021

No comment.

29/01/2021

No comment.

29/01/2021

Low fees, monthly offer on equity dealing charges, good range of shares and funds, suits a self picker who trades only occasionally like me.

29/01/2021

Impossible to log in to the app

23/10/2020

Easy to use website - lots of self select investment choices - great service if you need to speak to someone

19/10/2020

Apart from £12.50 Isa charge no annual service charges.

17/10/2020

Good value, does straightforward things efficiently, and easy to use website for diy investor. Good range of shares and funds. It has let me down on more complex transfers, blaming the other party etc., but for simple buying it all works fine. Once a month they have a discounted buying fee for UK and foreign equities which is when I buy.

16/10/2020

Used to be with Barclays, Halifax is better value for money with no drop of in service. Would recommend

16/10/2020

Basic website and the research facility is poor. Cost of Dealing okay if you are willing to wait for the low cost dealing days (usually once a month, but can be sporadic!)

16/10/2020

Used to use Barclays until their fees rose making them too expensive, switched to Halifax easily understood fee structure, and efficient service. Have switched ISA to them which was handled quickly. No complaints so far.

23/01/2020

It still seems to me that I get good value, £12.50 a year for the ISA account and monthly £3.50 trades offer, perhaps I'm paying somewhere else. The way they show the profits or losses, doesn't take into account that most of my purchases were reinvestment of dividends, so I keep my own spread sheet showing how overall the accounts are doing

19/12/2018

Website always works, login straightforward, layout doesn't change that often, and doesn't follow the latest trends of style over function. The charges are reasonable. From memory, they have only ever made one error in the very early days and that was quickly corrected when pointed out. Ability to trade all sorts of investments. If I were being picky I would like the ability to edit what is shown as purchase price as I must have got something wrong when I transferred some paper shares to them and can't be bothered to phone or write with my corrections. Obviously I would like the fees to be lower, but have no real problem with their current rates. I usually only buy when they have their once a month reduced price trading.

30/01/2018

Generallly good, but dealing cost is high.

30/01/2018

Low lump sum fees for SIPP and ISA.

30/01/2018

It has had a chequered history. At one point I could not even look at the account let alone access it. Now if I want to invest I have to phone them... have not bothered.

30/01/2018

Easy to use website and used by other platforms.

30/01/2018

No bells and whistles, but covers all essentials well.

30/01/2018

Halifax Share Dealing have limited fund choices and the website is painful, it's best suited to buy and hold investors.

30/01/2018

The website is reliable and transactions are easy.

30/01/2018

Fixed �12.50 per year annual fee - like.

30/01/2018

Trustworthy name, it's where I started to invest. Average communication and website information.

30/01/2018

N/A

26/09/2017

Website could be better. Online bond dealing would be good.

26/09/2017

Easy to use, good value for money. Better advice would cost more money, so it's fine for my needs.

04/07/2017

Good basic service at low cost.

04/07/2017

No platform admin fee - good for buy and hold. Very good share dealing functionality. Woukd like them to develop a mobile app and make platform look slicker. Good service but lacking in a lot of areas.

04/07/2017

Low cost

04/07/2017