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Charles Stanley Direct vs Lloyds Bank 2020

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Is Lloyds Bank better than Charles Stanley Direct? After scoring UK share dealing accounts in six areas for our 2019 review, Lloyds Bank is better than Charles Stanley Direct. Lloyds Bank offers trades between £8 - £11, with the opportunity to receive £1.50 trades with reoccurring investments. Overall, the average platform, tools, and research, as well as the lack of a mobile app, do not justify joining Lloyds unless you make reoccurring investments.

Overall Rating

Feature Charles Stanley Direct Lloyds Bank
Overall 3 3.5
Charles Stanley Direct Review Lloyds Bank Review

Trading Fees

Feature Charles Stanley Direct Lloyds Bank
Share Trading: 0-9 Deals/ Month
£11.50 £11.00
Share Trading: 10-19 Deals/ Month
£11.50 £8.00
Share Trading: 20+ Deals/ Month
£11.50 £8.00
Annual Custody Fee: £0 - £250,000*
0.25% £40.00
Bonds - Government (Gilts) - Fee
£11.50 £11.00
ETFs - Fee
£11.50 £11.00
Investment Trusts - Fee
£11.50 £11.00
Telephone Dealing Fee*
£25.00 £35.00
Commissions & Fees 3.5 3.5
Winner check_circle

Platforms & Tools

Feature Charles Stanley Direct Lloyds Bank
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
iPhone App
Yes No
Android App
No No
Stock Alerts
Yes Yes
Charting - Indicators / Studies
19 91
Charting - Drawing Tools
1 17
Charting - Notes
No No
Charting - Display Corporate Events
No Yes
Charting - Stock Overlays
Yes No
Platform & Tools 3 3.5
Winner check_circle

Research

Feature Charles Stanley Direct Lloyds Bank
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
Yes Yes
Fund Research - Research Reports
No No
Research - ETFs
No Yes
Research - Bonds
No Yes
Portfolio Allocation Breakdown
Yes Yes
Research 3 4
Winner check_circle

Investments

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

Education

Feature Charles Stanley Direct Lloyds Bank
Has Education - Share Trading
No Yes
Has Education - Funds
No Yes
Has Education - Retirement
Yes Yes
Client Webinars
No No
Client Webinars (Archived)
No No
Education 2.5 3.5

Overall

Feature Charles Stanley Direct Lloyds Bank
Charles Stanley Direct Review Lloyds Bank Review
Overall 3 3.5
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 Lloyds Bank.

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. Both Charles Stanley Direct and Lloyds Bank are rated 3.50 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 - 12 trades per year, or 1 trade per month. Lloyds Bank charges £172 and Charles Stanley Direct charges .

Scenario 2 - 3 trades per month, for a total of 36 trades per year. Lloyds Bank would charge £436 while Charles Stanley Direct would charge .

Scenario 3 - 120 trades per year, or 10 trades per month. Lloyds Bank charges £1000 and Charles Stanley Direct charges .

Scenario 4 - 240 trades per year, or 20 trades per month. Lloyds Bank charges £1960 and Charles Stanley Direct charges .

Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Lloyds Bank offers clients ISA and SIPP while Charles Stanley Direct offers 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. Lloyds Bank boasts an offering of 17 charting tools compared to Charles Stanley Direct's 1 available charting tools. Charles Stanley Direct trails Lloyds Bank by 72 total different indicators (for example, moving averages), with Lloyds Bank offering 91 and Charles Stanley Direct offering 19. Both Charles Stanley Direct and Lloyds Bank 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 Lloyds Bank, Lloyds Bank is the winner.

Charles Stanley Direct Review
Lloyds Bank 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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