Summary: You can buy Stocks, ETFs and other securities with Halifax online by signing up to a licensed and regulated brokerage platform in the United Kingdom. This method will enable you to deposit GBP from your Halifax Online Banking account onto a platform to invest in Stocks & other assets.
We recommend eToro UK because it offers fast and cheap GBP deposits from Halifax to trade over 6,000 different assets across a variety of markets.
Can I buy Shares with Halifax?
Yes, you can buy stocks, shares, ETFs, and other assets with Halifax Share Dealing which connects directly with your Halifax Bank account. That said, it is not the best option for investors in the United Kingdom because it charges high fees and has a very outdated user experience.
Halifax Bank account holders should look for an alternative and more modern investing platform that is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Many zero commission platforms offer a wider variety of stocks, ETFs, and even cryptocurrencies compared to Halifax Share Dealing.
How to buy Stocks or Shares with Halifax Online
The best way to buy stocks, shares, and other financial assets with a Halifax Bank account is with the eToro UK platform. They offer fast and cheap GBP deposits from Halifax online banking accounts to buy and sell over 6,000 stocks, ETFs, commodities (gold & silver), cryptocurrencies, and much more.
The eToro UK Ltd. company is safe and regulated by the Financial Conduct Authority (FCA) and holds an active registration number of 7973792. You can start buying shares via Halifax with this simple guide:
- Sign up to eToro: Register to the eToro trading platform & verify your UK account.
- Deposit GBP: Find the Deposit Funds button and transfer GBP from your Halixax online banking account.
- Find Asset: Find the Stock, ETF, or another asset you want to buy on the eToro platform.
- Buy Stock: Input the GBP amount you want to invest and execute your trade.
Can I buy Shares of Halifax Bank?
Yes, you can buy shares of Halifax on the London Stock Exchange (LSE) with any online broker that offers access to UK markets. Alternatively, you can use a Halifax Share Dealing account if you have one. You can find the Halifax stock under the name Halifax PLCC (LSE: HALP).
When buying shares of Halifax, or any other company listed on the LSE, you will need to pay the spread (difference between the bid and ask price). Most online brokers charge a commission on top of the spread, but some don't.
Halifax is a large financial services provider in the United Kingdom that offers banking, insurance, and investment products. The company was founded in 1853 and has since grown to become one of the biggest banks in the country with over 25 million customers.
The Halifax brand is owned by Lloyds Banking Group plc (LSE: LLOY), which is one of the largest banks in the world with over 70 million customers. Halifax is just one of the many brands under Lloyds Banking Group, which also includes Bank of Scotland, Scottish Widows, and more.
About Halifax Share Dealing
Halifax Share Dealing is a trading platform offered by Halifax Bank that enables its customers to buy and sell stocks, ETFs, and other securities. The platform is quite outdated and charges high fees compared to other zero commission brokers in the United Kingdom.
Halifax Share Dealing accounts are only beneficial for customers of Halifax Bank who want to invest in stocks and other assets directly from their Halifax Online Banking account. All trades on the Halifax Share Dealing platform settle two days after the trade date.
Halifax Share Dealing Fees
Halifax Share Dealing charges a commission of £11.95 + VAT per trade for UK stocks, which is quite high compared to other online brokers. They also charge a quarterly inactivity fee of £12.50 + VAT if you don't place any trades within a three-month period.
These fees can add up quickly and eat into your investment returns, so it's important to consider whether Halifax Share Dealing is the right platform for you before opening an account.