Bulbrokers
Charter Prime
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while Charter Prime was established in 2012 and is based in Australia. Bulbrokers holds licences including Financial Services Authority (FSA), while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. Bulbrokers serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $100 at Bulbrokers and $200 at Charter Prime.
| Feature | Bulbrokers | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Financial Services Authority (FSA) | Financial Conduct Authority (FCA) |
| Founded | 2000 | 2012 |
| Country | Bulgaria | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and Charter Prime, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; Charter Prime does not. Charter Prime charges deposit fees; Bulbrokers does not. The two brokers are broadly comparable on fee structure.
| Feature | Bulbrokers | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bulbrokers offers 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 Bulbrokers does not offer. Charter Prime edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | Charter Prime |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and Charter Prime compare. Charter Prime runs regular live webinars; Bulbrokers does not. Charter Prime has a video library; Bulbrokers does not. Charter Prime publishes daily market commentary; Bulbrokers does not. Charter Prime integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. Charter Prime maintains an archive of past webinars for on-demand viewing. Charter Prime scores higher overall in education and research.
| Feature | Bulbrokers | 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. Bulbrokers 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 | Bulbrokers | 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 Bulbrokers 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 | Bulbrokers | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |