Argonaut Securities
Charter Prime
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Overview
Argonaut Securities was founded in 2009 and is headquartered in Australia, while Charter Prime was established in 2012 and is based in Australia. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. Argonaut Securities serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $1 at Argonaut Securities and $200 at Charter Prime.
| Feature | Argonaut Securities | Charter Prime |
|---|---|---|
| Min. Deposit | $1 | $200 |
| Regulation | Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC) | Financial Conduct Authority (FCA) |
| Founded | 2009 | 2012 |
| Country | Australia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Argonaut Securities and Charter Prime, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. Argonaut Securities charges deposit fees; Charter Prime does not. Overall, Argonaut Securities scores higher on fees in our assessment.
| Feature | Argonaut Securities | Charter Prime |
|---|---|---|
| Min. Deposit | $1 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Argonaut Securities offers MT4, MT5, cTrader, 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. The two brokers are closely matched on platform offering.
| Feature | Argonaut Securities | 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 | Android,WEB,Desktop,iPhone,Mac | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities 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. The two brokers are evenly matched on educational content.
| Feature | Argonaut Securities | Charter Prime |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Charter Prime supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Argonaut Securities | Charter Prime |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | 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. Both Argonaut Securities and Charter Prime offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Argonaut Securities | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |