Overview of Charles Stanley Direct fees and charges
When it comes to brokerage fees Charles Stanley Direct shows a mixed picture: some fees are high but some are low. First you need to figure out your approach or you should use our questionnaire to be able to tell whether Charles Stanley Direct fees are an advantage for you. Continue reading about Charles Stanley Direct fees and charges to see if this is the right brokerage for you or a similar broker like Interactive Investor or Hargreaves Lansdown is better for you.
Here's a high level overview of Charles Stanley Direct's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | - | Not available |
| EURUSD fee | - | Not available |
| US tech fund fee | Low | 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. |
| Inactivity fee | Low | No inactivity fee |
Charles Stanley Direct fees
Charles Stanley Direct fees explained
We compare Charles Stanley Direct fees with its closest competitors, Interactive Investor and Hargreaves Lansdown.
Charles Stanley Direct fees
Charles Stanley Direct trading fees
Charles Stanley Direct's trading fees are mid-tier which means you need to pay special attention to asset classes with high trading fees.
Let's break down the trading fees into the different asset classes available at Charles Stanley Direct.
Trading fees
Charles Stanley Direct's trading fees are average.
Stock fees and ETF fees
Charles Stanley Direct has average stock trading fees.
| Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
|---|---|---|---|
| US stock | - | $7.4 | $14.8 |
| UK stock | $14.3 | $7.4 | $14.8 |
| German stock | - | $24.8 | $14.8 |
Fund fees
Charles Stanley Direct fund fees are low.
| Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
|---|---|---|---|
| Mutual fund | $0.0 | $7.4 | $0.0 |
| EU mutual fund | $0.0 | $9.6 | $0.0 |
Bond fees
Charles Stanley Direct has bond fees.
| Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
|---|---|---|---|
| US Treasury bond | - | - | - |
| EU government bond | - | $7.4 | $14.8 |
Financing rates
Charles Stanley Direct financing rates are .
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
|---|---|---|---|
| Apple CFD financing rate | - | - | - |
| Vodafone CFD financing rate | - | - | - |
| EURUSD financing rate | - | - | - |
| EURGBP financing rate | - | - | - |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Charles Stanley Direct fees
Charles Stanley Direct non-trading fees
When it comes to looking at all the non-trading fees Charles Stanley Direct is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at Charles Stanley Direct that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | No | No |
| Account fee | No | Yes | No |
Charles Stanley Direct fees
Charles Stanley Direct deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Charles Stanley Direct is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Charles Stanley Direct offers.
| Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | No | No | No |
| Deposit fee | $0 | $0 | $0 |
Charles Stanley Direct fees
Charles Stanley Direct withdrawal fee
Unlike some online brokers we have reviewed Charles Stanley Direct does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| Charles Stanley Direct | Interactive Investor | Hargreaves Lansdown | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | No | No | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
Charles Stanley Direct fees
Charles Stanley Direct inactivity fee
Charles Stanley Direct does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
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