aaafx
Charter Prime
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Overview
aaafx was founded in 2007 and is headquartered in United States, while Charter Prime was established in 2012 and is based in Australia. aaafx holds licences including HCMC (Greece), while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. aaafx serves 60,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $300 at aaafx and $200 at Charter Prime.
| Feature | aaafx | Charter Prime |
|---|---|---|
| Min. Deposit | $300 | $200 |
| Regulation | HCMC (Greece), FSA (St Vincent & Grenadines) | Financial Conduct Authority (FCA) |
| Founded | 2007 | 2012 |
| Country | United States | Australia |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between aaafx and Charter Prime, directly affecting your bottom line as a trader. Charter Prime has a lower barrier to entry with a minimum deposit of $200 (vs $300 at aaafx). aaafx charges withdrawal fees while Charter Prime does not, a notable advantage for frequent withdrawers. aaafx applies inactivity fees on dormant accounts; Charter Prime does not. Charter Prime charges deposit fees; aaafx does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | aaafx | Charter Prime |
|---|---|---|
| Min. Deposit | $300 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
aaafx offers MT4, while Charter Prime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Charter Prime edges ahead on platform breadth and functionality in our scoring.
| Feature | aaafx | Charter Prime |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how aaafx and Charter Prime compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Charter Prime scores higher overall in education and research.
| Feature | aaafx | Charter Prime |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. aaafx accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Charter Prime supports 2 (bank transfer, credit/debit card). aaafx uniquely supports PayPal and Skrill and Neteller among the two brokers. aaafx scores higher on deposit and withdrawal flexibility.
| Feature | aaafx | Charter Prime |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both aaafx and Charter Prime offer live chat support. Both provide phone support. Email support is available at both brokers. aaafx supports 8 languages and Charter Prime supports 2, giving aaafx broader global reach. Both brokers are comparable on support quality.
| Feature | aaafx | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |