Compare Charles Stanley Direct vs HYCM

Online brokers compared for fees, trading platforms, safety and more. See how Charles Stanley Direct stacks up against HYCM!

Charles Stanley Direct vs HYCM
open account		Visit broker 72% of retail CFD accounts lose money
overall rating	4.5	4.3
overall pros	Low fund fees Great customer service Easy deposit and withdrawal	Low forex and CFD fees Great educational content User-friendly account opening
overall cons	Limited product portfolio Limited education materials Basic research tools	Only forex and CFD products Trading platforms have outdated design Inactivity fee
fees	3.8 Low non-trading fees Low fund fees Average stock and ETF fees	3.9 Low forex fees Low CFD fees Inactivity fee
account opening	4.7 Fully digital Low minimum deposit User-friendly Available only to UK residents	5.0 Fast Fully digital Low minimum deposit
deposit and withdrawal	3.8 Credit/Debit card available Free withdrawal No deposit fee Only one account base currency	4.5 Credit/Debit card available Free withdrawal No deposit fee Average account currency selection
web trading platform	3.5 User-friendly Clear fee report Price alerts No two-step (safer) login Limited customizability (for charts, workspace) Limited order types	2.8 Clear fee report Good customizability (for charts, workspace) Order confirmation No two-step (safer) login No price alerts Poor design
mobile trading platform	4.0 User-friendly Two-step (safer) login Touch/Face ID login Limited order types No price alerts Confusing search function	3.8 User-friendly Good search function Price alerts No two-step (safer) login No Touch/Face ID login
desktop trading platform		3.4 Clear fee report Good customizability (for charts, workspace) Available in several languages No two-step (safer) login Poor design
markets and products	1.6 Stock ETF Fund Bond	2.0 Forex CFD Crypto
research	3.5 Trading ideas Data on asset fundamentals User-friendly Limited interactive charting No/limited set of analytic tools	3.5 Trading ideas User-friendly Economic calendar Limited interactive charting Very low quality newsfeed
customer service	4.5 Phone support Live chat Fast response time No 24/7 support	3.4 Phone support Live chat Fast response time No 24/7 support Mediocre email support
education	2.0 Glossary of terms No demo account No trading platform tutorial videos	4.5 Demo account Trading platform tutorial Educational videos Videos miss tags or categorization
safety	Majority of clients belong to a top-tier financial authority High level of investor protection Listed on stock exchange Does not hold a banking license	Negative balance protection Not listed on stock exchange Financial information is not publicly available No investor protection outside the EU&UK
recommended for	Beginners and buy-and-hold investors focusing on the UK market	Forex and CFD traders who prefer the MetaTrader platform

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