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Broker Comparison

Alpari vs Charles Stanley Direct

Compare Alpari and Charles Stanley Direct side by side: fees, regulation, platforms.

Alpari

Alpari

Forex traders wanting ECN accounts

Alpari is a forex and CFD broker founded in 1998, offering MetaTrader 4 and 5, four account types including Eโ€ฆ

VS
Charles Stanley Direct

Charles Stanley Direct

UK long-term investors and fund holders

Charles Stanley Direct is a UK investment platform launched in 2013, offering stocks, ETFs, funds, bonds, ISAโ€ฆ

Head-to-head comparison

Alpari vs Charles Stanley Direct
Feature Alpari Charles Stanley Direct
Minimum deposit - -
Stock trading fee - ยฃ10 per online trade; telephone dealing 1% (min ยฃ25, max ยฃ100)
Regulators MISA FCA
Best for Forex traders wanting ECN accounts UK long-term investors and fund holders
Markets & account
Stocks
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
-
Margin
-
Demo Account
-
Multi Currency
-
Funds
-
Isa
-
Sipp
-
Investment Plans
-
Ready Made Portfolios
-
Business Account
-

Pros & cons

Alpari

Alpari

Pros

  • Operating since 1998 with over 1 million clients
  • Four account types including commission-free Standard and ECN options
  • Pro ECN spreads from 0.0 pips
  • MetaTrader 4 and MetaTrader 5 support
  • PAMM copy-trading with minimum investment from $50
  • Demo account available with no restrictions
  • High leverage available (varies by account and instrument)
  • Multiple deposit and withdrawal methods including crypto

Cons

  • Regulated only by MISA, an offshore regulator - no Tier-1 license (FCA, ASIC, CySEC)
  • No compensation scheme beyond the Financial Commission's 20,000 EUR limit
  • $10 monthly inactivity fee after 3 months of dormancy
  • Deposit fees of up to 2.5% on some card methods
  • Limited educational resources compared to larger brokers
  • Alpari UK went into administration in 2015 - the current entity is a separate continuation of the brand
  • Standard account EUR/USD average spread around 1.7 pips is relatively wide
Charles Stanley Direct

Charles Stanley Direct

Pros

  • FCA regulated with FSCS protection
  • Wide range of accounts: ISA, SIPP, Junior ISA, GIA, business account
  • Access to 12,500+ UK and international investments
  • No inactivity fee
  • No deposit or withdrawal fees
  • ยฃ50 trading credit every six months offsets dealing costs
  • In-house research and market commentary
  • Flexible ISA feature uncommon among competitors

Cons

  • No demo account
  • ยฃ10 per trade for shares, ETFs and investment trusts is among the highest of UK platforms
  • Annual platform fee minimum of ยฃ60 disadvantages smaller portfolios
  • Annual fee cap raised to ยฃ600 in 2024, increasing costs for mid-size portfolios
  • FX conversion charge of 1% on trades under ยฃ10,000
  • Bonds and gilts available by telephone only
  • No fractional shares
  • Basic mobile app lacks advanced charting and research tools
Alpari

Alpari

Alpari is a forex and CFD broker founded in 1998, offering MetaTrader 4 and 5, four account types including ECN, PAMM copy trading, and 750+ instruments.

Your capital is at risk. Other fees apply.

Charles Stanley Direct

Charles Stanley Direct

Charles Stanley Direct is a UK investment platform launched in 2013, offering stocks, ETFs, funds, bonds, ISA, SIPP and Junior ISA accounts with in-house research.

Your capital is at risk. Other fees apply.

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