Paul Greenwood

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  • in reply to: Charles Stanley Direct #28236
    Paul Greenwood
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      I have discovered from their website , how the CSD loyalty program works post the change in their from August 2024 charges. Previosly if you did one trade a month, you did not get a standard platform charge for that month. So in practice I have not paid any platform charges over than the Crest addition by trading at least once per month. The wording of the loyalty program has been changed to imply no monthly platform charge if a “chareable trade” made during the month. Under the new charging structure you are given 5 trading charge credits on 1st October and again on 1st April so chargeable trades are only generated when these credits are used up. I conclude that if you made 6 trades each October and April and one trade in every other month you would not pay any monthly platform charges other than the Crest addition if applicable.

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