BeeOptions
Charter Prime
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
BeeOptions was founded in 2004 and is headquartered in Cyprus, while Charter Prime was established in 2012 and is based in Australia. BeeOptions holds licences including Cyprus Securities and Exchange Commission (CySEC), while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. BeeOptions serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $0 at BeeOptions and $200 at Charter Prime.
| Feature | BeeOptions | Charter Prime |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Founded | 2004 | 2012 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BeeOptions and Charter Prime, directly affecting your bottom line as a trader. BeeOptions has a lower barrier to entry with a minimum deposit of $0 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. Charter Prime charges deposit fees; BeeOptions does not. Overall, BeeOptions scores higher on fees in our assessment.
| Feature | BeeOptions | Charter Prime |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
BeeOptions 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 | BeeOptions | 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 | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BeeOptions and Charter Prime compare. Charter Prime runs regular live webinars; BeeOptions does not. Charter Prime has a video library; BeeOptions does not. Charter Prime publishes daily market commentary; BeeOptions does not. Charter Prime integrates third-party research tools (Trading Central, Autochartist); BeeOptions does not. Charter Prime maintains an archive of past webinars for on-demand viewing. Charter Prime scores higher overall in education and research.
| Feature | BeeOptions | 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. BeeOptions 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 | BeeOptions | 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 BeeOptions 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 | BeeOptions | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |