After seven months and hundreds of hours of researching ten different share dealing brokers
, the UK.StockBrokers.com team collected thousands of data points. To focus on two brokers, we will now compare Charles Stanley Direct vs DEGIRO.
First, we will compare the fees charged for dealing in the UK. There are two primary fees: the cost to place each trade and the monthly, quarterly, or annual management fee charged which varies depending on the type and size of your portfolio. We researched both to provide a single star rating for cost. DEGIRO is a better option with a 4.50 star rating over Charles Stanley Direct's 3.50 star rating.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Charles Stanley Direct supports ISA, ISA - Junior and SIPP while DEGIRO supports none of these. Next, some traders desire robust charting, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. DEGIRO trails Charles Stanley Direct by 1 total charting tools, with Charles Stanley Direct offering 1 and DEGIRO offering 0. DEGIRO boasts an offering of 23 different indicators (for example, moving averages) compared to Charles Stanley Direct's 19 available indicators. Charles Stanley Direct makes basic stock alerts available to clients, while DEGIRO does not. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Neither Charles Stanley Direct and DEGIRO offer fund research reports.
Overall, DEGIRO boasts 3.50 stars versus Charles Stanley Direct's 3.00 stars. And, when it comes to individual category awards, both Charles Stanley Direct and DEGIRO found themselves without awards for Best in Class - Offering of Investments, Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Customer Service, Best in Class - Mobile Trading and Best in Class - Education in 2017.