BDSwiss
Charter Prime
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Overview
BDSwiss was founded in 2012 and is headquartered in Mauritius, while Charter Prime was established in 2012 and is based in Australia. BDSwiss holds licences including BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. BDSwiss serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $500 at BDSwiss and $200 at Charter Prime.
| Feature | BDSwiss | Charter Prime |
|---|---|---|
| Min. Deposit | $500 | $200 |
| Regulation | BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles | Financial Conduct Authority (FCA) |
| Founded | 2012 | 2012 |
| Country | Mauritius | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BDSwiss 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 $500 at BDSwiss). Neither broker charges withdrawal fees. BDSwiss charges deposit fees; Charter Prime does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | BDSwiss | Charter Prime |
|---|---|---|
| Min. Deposit | $500 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
BDSwiss offers MT4, MT5, cTrader, a proprietary platform, 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 BDSwiss does not offer. BDSwiss edges ahead on platform breadth and functionality in our scoring.
| Feature | BDSwiss | 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 ,Android,iPhone,Mac | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BDSwiss 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 | BDSwiss | 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. BDSwiss 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 | BDSwiss | 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 BDSwiss 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 | BDSwiss | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |