Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts
for buying shares online in the UK. In total, 124 individual variables were assessed. For this review, we will compare Charles Stanley Direct vs Hargreaves Lansdown.
To start this comparison, first, we will take a look at the fees charged for dealing in the UK. It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. Both Charles Stanley Direct and Hargreaves Lansdown are rated 3.50 stars.
Cost aside, we can now turn our focus to popular tools and features investors prefer in the UK. Account access is certainly at the top of the list, and Hargreaves Lansdown supports ISA, ISA - Junior, SIPP, SIPP - Junior and Spread Betting while Charles Stanley Direct supports ISA, ISA - Junior and SIPP. Looking at charting, the number of drawing tools and total technical indicators made available are important as well as stock alerts. Both brokers offer clients access to the same number of charting tools, 1. Charles Stanley Direct trails Hargreaves Lansdown by 1 total different indicators (for example, moving averages), with Hargreaves Lansdown offering 20 and Charles Stanley Direct offering 19. Both Charles Stanley Direct and Hargreaves Lansdown offer basic stock alerts. Finally, for conducting research while share dealing, having access to mutual fund research reports is also helpful. Hargreaves Lansdown offers fund research reports while Charles Stanley Direct does not.
Overall, between Charles Stanley Direct and Hargreaves Lansdown, Hargreaves Lansdown is the winner
Charles Stanley Direct Review
Hargreaves Lansdown Review