Charles Stanley Direct Review
Alyaziah Hayat | March 30, 2022
Table of Contents
Established in 1985, Charles Stanley Direct is a traditional brokerage firm that started offering online services in 2002. The broker offers online trading in multiple financial instruments, such as stocks, ETFs, indices, funds, and more, whilst providing a selection of useful trading tools and learning resources to assist traders. There are multiple trading account options with a minimum deposit requirement of 50 Euro.
Broker Pros / Cons
- Regulated brokerage
- A proprietary web & mobile-based trading platform
- A selection of educational resources & trading tools
- Various trading assets
- No MetaTrader trading platforms
- Limited account funding options
- Restricted leverage
- No USA clients
Summary
Charles Stanley Direct is an online financial services provider that operates out of the United Kingdom. They offer a range of financial products via a proprietary trading platform and also provide a professional client support team to aid traders. The broker has a wealth of trading experience and has won several industry awards over the years, including the Best Direct Platform for Customer Service by Platforum; the Best Buy Awards 2017, 2019, and 2020.
Charles Stanley Direct Awards & Recognitions
Regulation
Charles Stanley Direct is a trading name of Charles Stanley & Co. Limited. Registered in England No 1903304. Registered Office: 55 Bishopsgate, London EC2N 3AS. The broker is authorised and regulated by the Financial Conduct Authority (No. 124412) and is a member of the London Stock Exchange.
Clients from different parts of the globe are allowed to open a trading account with the broker, provided that doing so would not contradict any local law or regulation.
Platforms
The broker’s clients can make their trades via the Charles Stanley Direct Trading Platform, a proprietary mobile trading app available on the Android and iOS app stores. It is designed to allow traders to get access to their trading accounts even while on the move. The platform also allows traders to view up-to-date valuations of all their accounts, send and receive secure messages, gain access to market data, as well as fund and share factsheets.
Charles Stanley Direct Trading Platform
Tools
Traders also get access to some standalone trading tools, such as Market Data, Charts, and others, which are designed to ensure a seamless trading process.
Charles Stanley Direct Charts
Education
The broker’s website contains some relevant educational resources that help to improve clients’ trading skills and knowledge whilst keeping them up to date on the factors that control the financial markets. The resources include Market News, Glossary, trading guides and an FAQ section.
Charles Stanley Direct Market News
Markets
The broker offers the following trading instruments: stocks & shares, funds, investments trust, ETFs.
Accounts
The following trading account options are available at Charles Stanley Direct: ISA, SIPP, Investment, and Junior ISA Account. Traders are allowed to invest online in any of the available trading accounts with as little as 50 Euro.
Support
The broker offers a knowledgeable client support team that is available during working hours — Mondays to Fridays (7:30 am 5:00 pm) — and can be reached via telephone, email, Live Chat, and social media.
Funding
The broker allows traders to deposit and withdraw funds, to and from their trading accounts, via credit/debit cards.
Signup
You may register with this broker by completing an application form, signing it, and returning it to the broker for acceptance either in writing or online on the relevant section of the broker’s website.
Compare
| Broker Features | AvaTrade | IG | IC Markets | |
|---|---|---|---|---|
| Founded | 2006 | 1974 | 2007 | |
| Regulated | ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA | FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF | ASIC, CySEC, FSA, SCB | |
| Country | Australia, Ireland, South Africa, Japan, British Virgin Islands | Australia, UK, USA, Switzerland, UAE, Singapore, Japan | Australia, Seychelles, Bahamas, Cyprus | |
| Min. Deposit | Min $250 Deposit | Min $100 Deposit | Min $200 Deposit | |
| Commission | From $0 | From $0 | From $0 | |
| Spreads | Fixed | Variable | Variable | |
| Leverage | 1:400 | 1:200 | 1:500 | |
| Instruments | Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs | Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs | Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs | |
| Platforms | MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile | MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile | MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile | |
| Type | Market Maker, STP | STP, ECN, DMA | ECN | |
| Funding | Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill | Wire Transfer, Credit/Debit Cards, PayPal | Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli | |
| Visit Broker | Visit Broker | Visit Broker | Visit Broker |
Conclusion
Charles Stanley Direct is a regulated multi-asset brokerage firm that is based in the United Kingdom. The broker offers access to the global financial markets through their in-house-developed trading platform. Traders also benefit from some educational resources, whilst there are multiple trading account options to choose from.
Min $50 Deposit
Established in 1985, Charles Stanley Direct is a UK based regulated brokerage firm that offers online trading in various financial instruments, including Stocks, ETFs & Indices.
About the Author
Alyaziah Hayat
I had previously been forex trading for about 2 years and I now mainly focus on writing forex-related content. I also deal with cryptocurrencies and other financial assets in this industry. I've dealt with several brokers, assets, EA robots, and everything that this industry has to offer.
Review Methodology
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