Charles Stanley Direct vs Halifax Review
Is Charles Stanley Direct better than Halifax? After ranking 12 UK brokerages who all offer share dealing in our 2019 review, Halifax is better than Charles Stanley Direct. Halifax Share Dealing provides clients with a variety of tools for trading and research. And fees are low when using a regular investment plan.
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Your capital is at risk.
Overall
Trading Fees
Share Trading: 0-9 Deals/ Month
Share Trading: 10-19 Deals/ Month
Share Trading: 20+ Deals/ Month
Annual Custody Fee: £0 - £250,000*
Bonds - Government (Gilts) - Fee
ETFs - Fee
Investment Trusts - Fee
Telephone Dealing Fee*
Commissions & Fees
Winner
Platforms & Tools
Desktop Platform (Windows)
Web Platform
iPhone App
Android App
Stock Alerts
Charting - Indicators / Studies
Charting - Drawing Tools
Charting - Notes
Charting - Display Corporate Events
Charting - Stock Overlays
Platform & Tools
Winner
Research
Research - Shares
Research - CFDs
Research - Funds
Fund Research - Research Reports
Research - ETFs
Research - Bonds
Portfolio Allocation Breakdown
Research
Winner
Investments
Share Trading
CFD Trading
Funds
ETFs
Bonds - Corporate
Bonds - Government (Gilts)
Investment Trusts
Spread Betting
Banking Services
Advisor Services
Offering of Investments
Winner
Education
Has Education - Share Trading
Has Education - Funds
Has Education - Retirement
Client Webinars
Client Webinars (Archived)
Education
Winner
Overall
Overall
Winner
£11.50
£11.50
£11.50
0.25%
£11.50
£11.50
£11.50
£25.00
No
Yes
Yes
No
Yes
19
1
No
No
Yes
Yes
No
Yes
No
No
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
No
No
Yes
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No
No
Yes
No
No
£12.50
£12.50
£12.50
£0.00
£25.00
£12.50
£12.50
£25.00
check_circle
No
Yes
No
No
Yes
43
1
No
Yes
Yes
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Yes
No
Yes
No
No
No
Yes
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Yes
No
Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
No
No
No
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To find a right broker for share dealing, we spent seven months and hundreds of hours of assessing 12 different share dealing brokers based in the UK. Here, we will focus on two brokers and compare Charles Stanley Direct vs Halifax.
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. Halifax is a better option with a 4.00 star rating over Charles Stanley Direct's 3.50 star rating.
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 supports ISA and SIPP while Charles Stanley Direct supports 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. Both brokers offer clients access to the same number of charting tools, 1. Charles Stanley Direct trails Halifax by 24 total different indicators (for example, moving averages), with Halifax offering 43 and Charles Stanley Direct offering 19. Charles Stanley Direct alongside Halifax offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Neither Charles Stanley Direct and Halifax offer fund research reports.
Overall, between Charles Stanley Direct and Halifax, Halifax is the winner.
Charles Stanley Direct Review
Halifax Review
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. Halifax is a better option with a 4.00 star rating over Charles Stanley Direct's 3.50 star rating.
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 supports ISA and SIPP while Charles Stanley Direct supports 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. Both brokers offer clients access to the same number of charting tools, 1. Charles Stanley Direct trails Halifax by 24 total different indicators (for example, moving averages), with Halifax offering 43 and Charles Stanley Direct offering 19. Charles Stanley Direct alongside Halifax offer basic stock alerts. Lastly, for researching mutual funds while share dealing, being able to view a research report can be helpful. Neither Charles Stanley Direct and Halifax offer 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 01/08/18 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.
