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IG vs Charles Stanley Direct 2020

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Is IG better than Charles Stanley Direct? After scoring UK share dealing accounts in six areas for our 2019 review, IG is better than Charles Stanley Direct. IG delivers a winning share dealing experience by combining excellent trading tools and competitive commissions (£5.00 - £8.00 per trade) with a user-friendly mobile app. Our testing found that IG excels with its trading platform, which includes excellent charting, screening, and technical analysis features.
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Overall Rating

Feature IG Charles Stanley Direct
Overall 4.5 3
IG Review Charles Stanley Direct Review

Trading Fees

Feature IG Charles Stanley Direct
Share Trading: 0-9 Deals/ Month
£8.00 £11.50
Share Trading: 10-19 Deals/ Month
£5.00 £11.50
Share Trading: 20+ Deals/ Month
£5.00 £11.50
Annual Custody Fee: £0 - £250,000*
£96.00 0.25%
Bonds - Government (Gilts) - Fee
N/A £11.50
ETFs - Fee
£8.00 £11.50
Investment Trusts - Fee
£8.00 £11.50
Telephone Dealing Fee*
£40.00 £25.00
Commissions & Fees 4.5 3.5
Winner check_circle

Platforms & Tools

Feature IG Charles Stanley Direct
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
iPhone App
Yes Yes
Android App
Yes No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
28 19
Charting - Drawing Tools
19 1
Charting - Notes
Yes No
Charting - Display Corporate Events
Yes No
Charting - Stock Overlays
Yes Yes
Platform & Tools 4.5 3
Winner check_circle

Research

Feature IG Charles Stanley Direct
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No No
Research - ETFs
Yes No
Research - Bonds
No No
Portfolio Allocation Breakdown
No Yes
Research 4 3
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Investments

Feature IG Charles Stanley Direct
Share Trading
Yes Yes
CFD Trading
Yes No
Funds
Yes Yes
ETFs
Yes Yes
Bonds - Corporate
No Yes
Bonds - Government (Gilts)
No Yes
Investment Trusts
Yes Yes
Spread Betting
Yes No
Advisor Services
No Yes
Offering of Investments 4 3.5
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Education

Feature IG Charles Stanley Direct
Has Education - Share Trading
Yes No
Has Education - Funds
No No
Has Education - Retirement
No Yes
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Education 4 2.5

Overall

Feature IG Charles Stanley Direct
IG Review Charles Stanley Direct Review
Overall 4.5 3
Winner check_circle
After seven months and hundreds of hours of researching 12 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 IG.

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. IG is a better option with a 4.50 star rating over Charles Stanley Direct's 3.50 star rating.

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 - 12 trades per year, or 1 trade per month. IG charges £96 and Charles Stanley Direct charges .

Scenario 2 - 3 trades per month, for a total of 36 trades per year. IG would charge £288 while Charles Stanley Direct would charge .

Scenario 3 - 10 trades per month, for a total of 120 trades per year. IG would charge £600 while Charles Stanley Direct would charge .

Scenario 4 - If you make 20 trades a month, or 240 per year, the fees with IG wold be £1200 and the fees with Charles Stanley Direct would be .

Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and IG supports ISA, SIPP and Spread Betting while Charles Stanley Direct supports ISA, ISA - Junior and SIPP. 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. IG offers its clients access to 19 charting tools while Charles Stanley Direct has 1 charting tools, a difference of 18. Charles Stanley Direct trails IG by 9 total different indicators (for example, moving averages), with IG offering 28 and Charles Stanley Direct offering 19. Both Charles Stanley Direct and IG offer basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Neither offers fund research reports.

Overall, between Charles Stanley Direct and IG, IG is the winner.

Charles Stanley Direct Review
IG 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.

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