Share Trading comparison
Halo Technologies vs Webull
Halo Technologies and Webull are both ASX-listed parent companies, but they target very different investors. Halo is a premium, full-service platform for serious portfolios — it charges a flat $159/month platform fee and $15 minimum brokerage. Webull is a low-cost, app-first competitor with zero platform fees, $0 US brokerage, and $1 minimum ASX brokerage, but it holds your ASX shares under a HIN (CHESS-sponsored) rather than a custodian model.
Choose
Halo Technologies
if…
- ›You want access to 30 global exchanges including UK, Europe, Japan and Asia Pacific — not just US and Hong Kong.
- ›You're happy to pay a $159/month platform fee in exchange for a full-service offering with managed funds and dividend reinvestment.
- ›You want fractional US shares and don't mind a custodian model (no individual HIN).
- ›You need trust, company or SMSF account structures with a publicly listed Australian parent company.
- ›You value dividend reinvestment plans (DRP) — Webull doesn't offer them.
Choose
Webull
if…
- ›You want zero ongoing fees — no monthly platform fee, no inactivity fee, no withdrawal fee.
- ›You trade US stocks regularly and want $0 US brokerage with no minimum trade size.
- ›You prefer CHESS sponsorship with your own HIN, meaning your ASX shares are held in your name, not a custodian.
- ›You want to trade options, crypto, or use after-hours trading — Halo doesn't offer these.
- ›You're a smaller investor who wants low-cost ASX ETF trades ($0 brokerage on ETFs) and a $500 minimum deposit to get started.
Where they differ
| Fact | Halo Technologies | Webull |
|---|---|---|
| Monthly platform fee | $159/month | $0/month |
| ASX brokerage minimum | $15 | $1 |
| US brokerage | $15 minimum or 0.12% | $0 |
| CHESS sponsorship | Custodian (no HIN) | CHESS-sponsored (your own HIN) |
| Markets available | 30 exchanges (US, UK, Europe, Japan, Asia Pac) | US, Hong Kong, China A-shares |
Verdict
Pick Halo for global multi-market access and premium features; pick Webull for zero fees, CHESS sponsorship and low-cost US trading.
Cost calculator
What would Halo Technologies vs Webull actually cost you?
Punch in your trade size and frequency. We'll do the full brokerage + FX + fees maths.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Halo Technologies | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | chess |
| Individual HIN | No | Yes |
| Individual account | Yes | Yes |
| Joint account | Yes | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | — | No |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| US shares supported | Yes | Yes |
| US ETFs supported | Yes | Yes |
| Other markets supported | US (NASDAQ, NYSE), UK, Europe, Japan (NIKKEI), Asia Pacific, 30 exchanges total | Hong Kong, China (A-shares) |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | Yes | Yes |
| Options trading | — | Yes |
| CFDs supported | No | No |
| Crypto trading | — | Yes |
| Managed funds | Yes | No |
| Bonds supported | — | No |
| IPO access | — | No |
| costs hidden | ||
| FX spread (AUD/USD) | 0.5% | 0.5% |
| FX spread (other currencies) | 0.5% | 0.5% |
| Holds USD account | — | Yes |
| Market data fees | $19/month | $49.99/month |
| Conditional order fees | — | $0 |
| costs visible | ||
| ASX brokerage minimum | $15 | $1 |
| ASX brokerage percentage | 0.12% | 0.03% |
| ASX brokerage threshold | $12,500 | $3,333 |
| ASX free trade conditions | Promotional offer: $0 brokerage on trades up to $250,000 (per landing page /0-brokerage-on-trades-up-to-250000); standard FSG schedule remains $15/0.12%. Conditions not fully disclosed publicly. | ASX ETFs: $0 brokerage on all trades, no conditions. ASX shares: not free — $1 minimum or 0.03% (whichever greater). |
| US brokerage minimum | US$15 | US$0 |
| US brokerage percentage | 0.12% | 0% |
| Monthly platform fee | $159/month | $0/month |
| Annual platform fee | $2,508/year | $0/year |
| Inactivity fee | — | $0 |
| Withdrawal fee (AUD) | — | $0 |
| identity and trust | ||
| Legal entity name | HALO Technologies Pty Ltd (ABN 54 623 830 866); ultimately wholly owned by HALO Technologies Holdings Limited ABN 73 645 531 219 | Webull Securities (Australia) Pty Ltd |
| AFSL number | 484,264 | 536,980 |
| AUSTRAC registration | — | Yes |
| Year founded | 2,017 | 2,022 |
| Parent / ownership | HALO Technologies Holdings Limited (ASX:HAL) — ultimate parent; publicly listed | Webull Corporation (NASDAQ: BULL), Cayman Islands holding company; originally backed by Hunan Fumi Information Technology (China) with investors including Xiaomi, General Atlantic, Coatue, Lightspeed |
| Country of incorporation | AU | Australia |
| Public company status | public | public |
| money movement | ||
| Minimum initial deposit | — | $500 |
| Minimum subsequent purchase | — | $0 |
| Deposit methods | AUD bank transfer / direct credit (to HALO trust account) | PayTo, Bank transfer (EFT), International wire |
| Settlement period | — | T+2 for ASX; T+1 for US |
| Withdrawal time | — | 1-2 business days for AUD bank transfer; 1-5 business days for international wire |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | — | Yes |
| Demo account | — | Yes |
| Free real-time market data | No | No |
| Free research reports | No | No |
| 2FA support | — | authenticator |
| Customer support channels | phone, email, live chat | Phone, Email, In-app chat |
| Support hours (AU time) | — | Phone: Mon-Fri 08:30-18:00 AEST/AEDT. In-app chat: advertised 24-hour. |
| Education content | basic articles | structured |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| CGT calculator / report | — | Yes |
| Sharesight / Navexa integration | — | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | — | Yes |
| Auto-invest / DCA | — | Yes |
| Auto-invest sophistication | multiple | weighted |
| DRP (dividend reinvestment) | Yes | No |
| After-hours / overnight trading | — | Yes |