amarkets
Charter Prime
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Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while Charter Prime was established in 2012 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. amarkets serves 1,000,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $250 at amarkets and $200 at Charter Prime.
| Feature | amarkets | Charter Prime |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223 | Financial Conduct Authority (FCA) |
| Founded | 2016 | 2012 |
| Country | United Kingdom | Australia |
| Clients | 1,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between amarkets 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 $250 at amarkets). amarkets charges withdrawal fees while Charter Prime does not, a notable advantage for frequent withdrawers. amarkets charges deposit fees; Charter Prime does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | amarkets | Charter Prime |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
amarkets offers MT4, MT5, cTrader, while Charter Prime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Charter Prime supports social and copy trading features, which amarkets does not offer. The two brokers are closely matched on platform offering.
| Feature | amarkets | Charter Prime |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | 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 amarkets and Charter Prime compare. Charter Prime runs regular live webinars; amarkets does not. Both provide video tutorials. Charter Prime publishes daily market commentary; amarkets does not. Both integrate third-party research tools. Charter Prime maintains an archive of past webinars for on-demand viewing. Charter Prime scores higher overall in education and research.
| Feature | amarkets | Charter Prime |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. amarkets 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). amarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. amarkets scores higher on deposit and withdrawal flexibility.
| Feature | amarkets | 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 amarkets and Charter Prime offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and Charter Prime supports 2, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | 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 |