AB Forex
Charter Prime
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Charter Prime was established in 2012 and is based in Australia. AB Forex holds licences including Unregulated, while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $100 at AB Forex and $200 at Charter Prime.
| Feature | AB Forex | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2003 | 2012 |
| Country | STOCKHOLM | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Charter Prime, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Charter Prime). AB Forex charges withdrawal fees while Charter Prime does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Charter Prime does not. AB Forex charges deposit fees; Charter Prime does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | AB Forex | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Charter Prime supports social and copy trading features, which AB Forex does not offer. Charter Prime edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Charter Prime |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | No | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | DealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web) | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Charter Prime compare. Charter Prime runs regular live webinars; AB Forex does not. Charter Prime has a video library; AB Forex does not. Charter Prime publishes daily market commentary; AB Forex does not. Charter Prime integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. Charter Prime maintains an archive of past webinars for on-demand viewing. Charter Prime scores higher overall in education and research.
| Feature | AB Forex | Charter Prime |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Charter Prime uniquely supports bank transfer and credit/debit card among the two brokers. Charter Prime scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Charter Prime |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Charter Prime offers live chat; AB Forex does not, making Charter Prime easier to reach in real time. Charter Prime offers phone support; AB Forex does not. Charter Prime offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Charter Prime scores higher overall on customer support in our assessment.
| Feature | AB Forex | Charter Prime |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |