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.
- ›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.
- ›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 |
Pick Halo for global multi-market access and premium features; pick Webull for zero fees, CHESS sponsorship and low-cost US trading.
Common questions
How do Halo Technologies and Webull compare on monthly platform fee?
Halo Technologies: $159/month. Webull: $0/month. Halo charges a flat $159 regardless of portfolio size; Webull charges nothing.
How do Halo Technologies and Webull compare on asx brokerage minimum?
Halo Technologies: $15. Webull: $1. Webull's ASX trades are 15x cheaper at the minimum end.
How do Halo Technologies and Webull compare on us brokerage?
Halo Technologies: $15 minimum or 0.12%. Webull: $0. Webull offers commission-free US trading; Halo charges per trade.
When is Halo Technologies the better choice over Webull?
Pick 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); or you need trust, company or SMSF account structures with a publicly listed Australian parent company.
When is Webull the better choice over Halo Technologies?
Pick 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; or you want to trade options, crypto, or use after-hours trading — Halo doesn't offer these.
Halo Technologies or Webull — what's the verdict?
Pick Halo for global multi-market access and premium features; pick Webull for zero fees, CHESS sponsorship and low-cost US trading.
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 |