- Leverage: 1:500
- Regulation: ASIC
- Min. Deposit: 0 US$
- HQ: Australia
- Platforms: Mt4, MT5, TWS
- Found in: 2014
Halifax, an Australia based broker with offices across various locations, emphasizes long-term partnership approaches and aims to provide stable market offerings through a range of solutions for institutional or retail execution.
With a customer base exceeding 35,000 clients, Halifax offers competitive clearing fees and prides itself on providing superior customer service. The broker offers a diverse range of asset classes including international Equities, Options, Futures, Forex, and CFDs, sourcing quotes from numerous liquidity providers. Partnering with Interactive Brokers allows access to leading quotes and swift execution.
Education and support are highlighted as crucial aspects, with Halifax providing material and ongoing coaching post-trading sessions to bolster trading skills and confidence. The company also offers trading recommendations, presenting both simple and sophisticated strategies for clients to consider.
Operating under the Australian Financial Services License and regulated by ASIC, Halifax ensures compliance with local and international laws. Additionally, their global presence complies with respective domestic requirements in different regions, such as New Zealand and the United States.
Halifax New Zealand Limited is registered among the New Zealand Financial Services Providers under the Financial Markets Authority. In the United States, Halifax America LLC is registered with FINRA, SEC, and NFA.
In terms of client protection, the company maintains a high level of security, ensuring client funds are held in segregated bank accounts and maintaining a specific capital amount for operations.
Regarding funding options, Halifax offers four methods: Bank Deposit, Electronic Transfer, Cheque, or Debit/Credit Card. Notably, the company doesn’t charge fees for deposits or withdrawals, although clients should verify potential processing fees with local institutions. The withdrawal process involves the completion of a redemption form.
While Halifax presents a comprehensive range of services and emphasizes client protection, potential clients might want to verify processing fees and consider the level of complexity associated with their educational offerings before committing to the platform.
