Ascot Securities
Charter Prime
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while Charter Prime was established in 2012 and is based in Australia. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. Ascot Securities serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $25 at Ascot Securities and $200 at Charter Prime.
| Feature | Ascot Securities | Charter Prime |
|---|---|---|
| Min. Deposit | $25 | $200 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Founded | 1996 | 2012 |
| Country | Estonia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities 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 $25 at Ascot Securities). Ascot Securities charges withdrawal fees while Charter Prime does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; Charter Prime does not. Ascot Securities charges deposit fees; Charter Prime does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | Ascot Securities | Charter Prime |
|---|---|---|
| Min. Deposit | $25 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ascot 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 | Ascot 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 | Desktop,Android,iPhone/iPad,Mac | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and Charter Prime compare. Charter Prime runs regular live webinars; Ascot Securities does not. Both provide video tutorials. Charter Prime publishes daily market commentary; Ascot Securities 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 | Ascot Securities | 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. Ascot 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 | Ascot 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 Ascot 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 | Ascot Securities | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |