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 Saxo Capital Markets.
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 Saxo Capital Markets are rated 3.50 stars.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Saxo Capital Markets provides its clients with ISA and SIPP while Charles Stanley Direct provides clients access to 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. Saxo Capital Markets boasts an offering of 17 charting tools compared to Charles Stanley Direct's 1 available charting tools. Charles Stanley Direct trails Saxo Capital Markets by 29 total different indicators (for example, moving averages), with Saxo Capital Markets offering 48 and Charles Stanley Direct offering 19. Charles Stanley Direct and Saxo Capital Markets both offer basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Neither Charles Stanley Direct and Saxo Capital Markets offer fund research reports.
Overall, between Charles Stanley Direct and Saxo Capital Markets, Saxo Capital Markets is the winner
Charles Stanley Direct Review
Saxo Capital Markets Review