Overview of Charles Stanley Direct fees and charges
We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.
- Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
- Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
- Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
- Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.
Now, let's dive into the details and see what commissions, spreads, and financing rates Charles Stanley Direct charges.
Charles Stanley Direct commission and other fees
Charles Stanley Direct commission and other trading fees
Charles Stanley Direct has average trading fees in general. We ranked Charles Stanley Direct fee levels as low, average or high based on how they compare with all reviewed brokers.
Check out this table to get an overview of whether Charles Stanley Direct commissions, spreads, and financing rates for each asset class are low/average/high.
Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
---|---|---|---|
Stock and ETF | Average | Average | High |
Forex | - | - | - |
Fund | Low | Low | Low |
Bond | - | Low | Low |
Options | - | - | - |
Futures | - | - | - |
Now let's go over the trading fees for each asset class one by one.
Charles Stanley Direct stock and ETF commissions, spreads
Charles Stanley Direct stock and ETF commissions are average. Charles Stanley Direct stock and ETF commissions are charged as per the table below.
Charles Stanley Direct | |
---|---|
US stock | Not available |
UK stock | £11.50 per trade, plus a subsequent annual 0.35% of the value of investments held, with a £24 minimum and £240 maximum (may be waived) |
German stock | Not available |
Indian stock | Not available |
You can compare Charles Stanley Direct stock and ETF fees with the two closest competitors.
Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
---|---|---|---|
US stock | - | $6.8 | $13.5 |
UK stock | $13.0 | $6.8 | $13.5 |
German stock | - | $22.6 | $13.5 |
Indian stock | - | - | - |
Stock and ETF commissions are calculated for a $2,000 trade
Charles Stanley Direct fund commissions
Charles Stanley Direct fund commissions are low. The table below shows how Charles Stanley Direct fund commissions are calculated.
Charles Stanley Direct | |
---|---|
Mutual fund | Tiered annual fee based on volume held. On first £250k the fee is 0.35%, on the value between £250k-£500k it is 0.20%, on the value between £500k-£1m it is 0.15%, on the value between £1m-£2m it is 0.05%, and there is no charge on the value above £2m. |
Check out how Charles Stanley Direct fund fees compare with the competition.
Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
---|---|---|---|
Mutual fund | $0.0 | $6.8 | $0.0 |
Fund commissions are calculated for a $2,000 trade
Charles Stanley Direct commission and other fees
Charles Stanley Direct non-trading fees
In addition to trading fees, it's important to see if Charles Stanley Direct charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Charles Stanley Direct with its two closest competitors.
Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
---|---|---|---|
Deposit fee | $0 | $0 | $0 |
Withdrawal fee | $0 | $0 | $0 |
Account fee | No | Yes | No |
Inactivity fee | No | No | No |
CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs
Charles Stanley Direct commission and other fees
Bottom line
Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Charles Stanley Direct and its closest competitors. To learn more about Charles Stanley Direct, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.
If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.
Comments