Halifax Sharedealing

Two services are offered; Sharedealing and Sharebuilder. On Sharedealing you can trade UK (LSE and AIM) and IRS stocks; warrants in UK shares; unit trusts/oeics and ETFs; gilts and corporate bonds. ShareBuilder only trades LSE and AIM stocks and Exchange Traded Funds.

Dealing on the Sharedealing service is at real-time snapshot quotes (with price improvement) or at limit, stop loss, rising stop loss and range trading (good for 30, 60 or 90 days) through TradePlan. A TradePlan order costs £2 but this is deducted from the dealing commission if the order executes.

Dealing commission is £11.95 per trade over £250 and at £5 for deals under £250. Sales of certificated shares cost 1.25% up to £25k (min £30) and at negotiated rates thereafter. ISAs and PEPs attract an account fee of 0.05% p.m. (£2.16 to £8.33 + VAT). Halifax Sharedealing offer a range of ISA and PEP products and SIPPs. Research includes Riskgrades and Hemscott analysis. Price alerts are delivered by e-mail.

ShareBuilder service is a monthly investment plan (£20 p.m. min) that also accepts irregular investments at any time. Trading is at best, at best by batch dealing (at best) on four set days per month, at quote, or at limit (good for 90 days). Buying commission is £1.50. Selling commission for deals over £250 is at £11.95 and at £5 for lower considerations, which could turn out prohibitively expensive for small deals. There are no ISA, PEP or SIPP facilities.