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