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Halifax vs Charles Stanley Direct 2020
Your capital is at risk.
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Overall Rating
| Feature | Halifax | Charles Stanley Direct |
| Overall | ||
| Halifax Review | Charles Stanley Direct Review |
Trading Fees
| Feature | Halifax | Charles Stanley Direct |
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Share Trading: 0-9 Deals/ Month |
£12.50 | £11.50 |
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Share Trading: 10-19 Deals/ Month |
£12.50 | £11.50 |
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Share Trading: 20+ Deals/ Month |
£12.50 | £11.50 |
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Annual Custody Fee: £0 - £250,000* |
£0 | 0.25% |
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Bonds - Government (Gilts) - Fee |
£25.00 | £11.50 |
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ETFs - Fee |
£12.50 | £11.50 |
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Investment Trusts - Fee |
£12.50 | £11.50 |
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Telephone Dealing Fee* |
£25.00 | £25.00 |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | Halifax | Charles Stanley Direct |
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Desktop Platform (Windows) |
No | No |
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Web Platform |
Yes | Yes |
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iPhone App |
No | Yes |
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Android App |
No | No |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
91 | 19 |
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Charting - Drawing Tools |
17 | 1 |
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Charting - Notes |
No | No |
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Charting - Display Corporate Events |
Yes | No |
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Charting - Stock Overlays |
No | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | Halifax | Charles Stanley Direct |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
No | No |
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Research - Funds |
Yes | Yes |
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Fund Research - Research Reports |
No | No |
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Research - ETFs |
Yes | No |
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Research - Bonds |
Yes | No |
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Portfolio Allocation Breakdown |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | Halifax | Charles Stanley Direct |
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Share Trading |
Yes | Yes |
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CFD Trading |
No | No |
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Funds |
Yes | Yes |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
Yes | Yes |
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Bonds - Government (Gilts) |
Yes | Yes |
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Investment Trusts |
Yes | Yes |
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Spread Betting |
No | No |
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Advisor Services |
Yes | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | Halifax | Charles Stanley Direct |
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Has Education - Share Trading |
Yes | No |
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Has Education - Funds |
Yes | No |
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Has Education - Retirement |
Yes | Yes |
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Client Webinars |
No | No |
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Client Webinars (Archived) |
No | No |
| Education |
Overall
| Feature | Halifax | Charles Stanley Direct |
| Halifax Review | Charles Stanley Direct Review | |
| Overall | ||
| Winner | check_circle |
Our comparison begins with the fees charged for dealing shares in the UK and being a client. The two main charges to focus on include the cost to place each trade alongside the monthly, quarterly, or annual management fee charged (varies depending on the type and size of your portfolio). We researched both to provide a single star rating for cost. Charles Stanley Direct received a rating of 3.50 stars over Halifax's 3.00 stars.
Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.
Scenario 1 - If you make 1 trade a month, or 12 per year, the fees with Halifax wold be £150 and the fees with Charles Stanley Direct would be .
Scenario 2 - 36 trades per year, or 3 trades per month. Halifax charges £450 and Charles Stanley Direct charges .
Scenario 3 - If you make 10 trades a month, or 120 per year, the fees with Halifax wold be £1500 and the fees with Charles Stanley Direct would be .
Scenario 4 - 20 trades per month, for a total of 240 trades per year. Halifax would charge £3000 while Charles Stanley Direct would charge .
Account charges aside, we can now compare features and tools investors want in their share dealing accounts. Access to the investments is important, and Halifax offers clients ISA and SIPP while Charles Stanley Direct offers ISA, ISA - Junior and SIPP. Also, some investors require a high-quality charting experience, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. Halifax boasts an offering of 17 charting tools compared to Charles Stanley Direct's 1 available charting tools. Halifax boasts an offering of 91 different indicators (for example, moving averages) compared to Charles Stanley Direct's 19 available indicators. Both Charles Stanley Direct and Halifax offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Neither offers fund research reports.
Overall, between Charles Stanley Direct and Halifax, Halifax is the winner.
Charles Stanley Direct Review
Halifax Review
All pricing data was obtained from a published web site as of 01/15/2020 and is believed to be accurate, but is not guaranteed. The UK.StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
