Comparing online share dealing platforms side by side is no small task. For our 2024 review of U.K. brokers, more than 900 data points were collected over a 10-week period and used to score each broker. Let’s compare Charles Stanley Direct and Vanguard UK Investor.
Charles Stanley Direct vs Vanguard UK Investor Comparison
For our 2024 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Charles Stanley Direct vs Vanguard UK Investor.
Is Charles Stanley Direct a good broker?
Is Vanguard UK Investor a good broker?
Vanguard U.K. Investor, part of one of the world's largest fund managers, is cheap and easy to use and will appeal to investors looking for inexpensive index funds for long-term investing. Its platform, however, reveals many shortcomings compared to leading brokers, particularly relating to the narrow investment selection and lack of mobile app.
Which broker is less expensive?
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Vanguard UK Investor offers better pricing than Charles Stanley Direct for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Charles Stanley Direct would cost £57.50 per year, while Vanguard UK Investor would cost £45 per year.
12 trades per year - Charles Stanley Direct would cost £138 per year, while Vanguard UK Investor would cost £45 per year.
36 trades per year - Charles Stanley Direct would cost £414 per year, while Vanguard UK Investor would cost £45 per year.
120 trades per year - Charles Stanley Direct would cost £1,380 per year, while Vanguard UK Investor would cost £45 per year.
3 fund trades per year - Charles Stanley Direct would cost £0 per year, while Vanguard UK Investor would cost £500 per year.
How do Charles Stanley Direct and Vanguard UK Investor compare in terms of minimum deposits required?
Charles Stanley Direct requires a minimum deposit of £0, while Vanguard UK Investor requires a minimum deposit of £500. From our testing we found for accounts between £0 - £250,000 Charles Stanley Direct charges annual custody fees of £60 - £600, while Vanguard UK Investor charges annual custody fees of 0.15%.
Which broker offers a wider range of investment options?
Charles Stanley Direct offers investors access to ISA, SIPP, Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts), Investment Trusts and Advisor Services, while Vanguard UK Investor offers investors access to ISA, SIPP, Funds and ETFs. Neither have CFD Trading, Spread Betting and Crypto Trading. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Do Charles Stanley Direct and Vanguard UK Investor offer ISA or SIPP accounts?
Self-invested personal pensions (SIPPs) and individual savings accounts (ISAs) are tax-advantaged savings accounts that are an important tool for many individual investors. You can read more about how these accounts operate at Gov.UK: Click here for SIPP information and here for ISA information. Our analysis finds that Both Charles Stanley Direct and Vanguard UK Investor offer SIPP and ISA accounts.
Do Charles Stanley Direct and Vanguard UK Investor offer cryptocurrency?
In our analysis of top brokers for share dealing in the U.K., we research whether each broker offers the ability to trade cash cryptocurrency, such as bitcoin and ethereum, which is still a somewhat rare offering amongst major U.K. brokers. Our review finds that neither Charles Stanley Direct nor Vanguard UK Investor offer crypto investing.
Which broker offers a better website experience?
Our testing concluded that the website of Vanguard UK Investor is better than the website of Charles Stanley Direct. Vanguard UK Investor offers more functionality, is cleanly designed, and is, overall, easier to use for beginners and casual investors.
Which stock trading app is better?
To compare the trading platforms of both Charles Stanley Direct and Vanguard UK Investor, we tested each broker's stock trading app. All features compared, our analysis finds that Vanguard UK Investor offers a better mobile app. Dive deeper: Best Stock Trading Apps UK.
Do Charles Stanley Direct and Vanguard UK Investor offer educational resources?
Educational offerings are of particular importance to those who are newer to investing, and we examine the availability of several different types of educational materials in our analysis. Our research finds that Charles Stanley Direct offers traders access to Client Webinars (Archived), Education (Share Trading), Education (Funds) and Education (Retirement), while Vanguard UK Investor offers access to Client Webinars (Archived), Education (Funds) and Education (Retirement). Neither have Client Webinars.
Overall winner: Charles Stanley Direct
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