Bittrex
Charter Prime
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Overview
Bittrex was founded in 2010 and is headquartered in South Korea, while Charter Prime was established in 2012 and is based in Australia. Bittrex holds licences including Securities and Exchange Commission (SEC), while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. Bittrex serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $100 at Bittrex and $200 at Charter Prime.
| Feature | Bittrex | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) |
| Founded | 2010 | 2012 |
| Country | South Korea | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bittrex and Charter Prime, directly affecting your bottom line as a trader. Bittrex has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. Bittrex charges deposit fees; Charter Prime does not. The two brokers are broadly comparable on fee structure.
| Feature | Bittrex | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Bittrex 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 Bittrex does not offer. The two brokers are closely matched on platform offering.
| Feature | Bittrex | 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 | MetaTrader 4, cTrader Platform | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bittrex 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 | Bittrex | 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. Bittrex 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 | Bittrex | 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 Bittrex 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 | Bittrex | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |