Charles Stanley Direct is a traditional brokerage firm that was launched in 1985 in the United Kingdom but started offering online services in 2002. They offer traders access to multiple financial markets, including stocks, ETFs, indices, funds, and more, using an advanced trading platform that was developed in-house. Traders are offered multiple trading account options with a required minimum deposit of 50 euros. Leverage of 1:1 is available, while a commission fee of 0.35% is charged on trades. Since its launch, the broker has won several industry awards in recognition of its satisfactory brokerage services, and they include the Best Direct Platform for Customer Service by Platforum, and the Best Buy Awards 2017, 2018, 2019, and 2020.
Charles Stanley Direct Review Introduction
In this Charles Stanley Direct review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Charles Stanley Direct.
Charles Stanley Direct Platforms & Tools
Trades are carried out using the Charles Stanley Direct trading platform, which is a proprietary trading platform that is available as a mobile app for Android and iOS mobile devices. The platform is developed to enable traders to seamlessly trades the various available financial markets from the convenience of a mobile handheld device.
The broker’s website also features some standalone trading tools, such as Market Data, Charts, and more, that aim at enhancing clients’ trading experience.
Charles Stanley Direct Research & Education
Charles Stanley Direct provides traders with a good selection of educational resources to improve their trading knowledge whilst keeping them up to date with the latest happenings in the financial markets. These resources include market news, an FAQ section, and a glossary that contains several trading terminologies along with their detailed explanations.
Charles Stanley Direct Trading Accounts
Charles Stanley Direct’s clients are allowed to choose the account type that best suits their trading objectives and capital from a choice of four trading account options, namely: ISA, SIPP, Investment, and Junior ISA Accounts. The minimum deposit required to operate a live trading account is 50 euros.
Charles Stanley Direct Account Funding
The broker accepts credit/debit cards only for all account deposit and withdrawal requests.
Charles Stanley Direct Customer Service
The broker’s client support team is available 24/5 during working hours (7:30 am to 5:00 pm) to respond to all general, technical, and account-based inquiries that traders may have. They can be contacted through telephone, email, Live Chat, and social media.
Charles Stanley Direct Regulation
Charles Stanley Direct is a trading name of Charles Stanley & Co Limited, which is registered in England with the registration number 1903304. The broker is authorised and regulated by the Financial Conduct Authority (No. 124412) and is a member of the London Stock Exchange.
Charles Stanley Direct Review Summary
Charles Stanley Direct is a regulated brokerage firm that is based in the United Kingdom. They offer online trading of various financial instruments via a proprietary trading platform that is available as a mobile app. Traders benefit from a selection of useful trading and learning materials, while a knowledgeable customer support team is available to assist them. There are multiple trading account options to choose from, with a required minimum deposit of 50 euros. Since its launch in 1985, the broker has bagged multiple industry awards and recognitions.
It is worth mentioning that some of the trading products and services in this Charles Stanley Direct review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Charles Stanley Direct broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.