C 7 Traders
Charter Prime
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Overview
C 7 Traders was founded in 2014 and is headquartered in Vanuatu, while Charter Prime was established in 2012 and is based in Australia. C 7 Traders holds licences including Unregulated, while Charter Prime is regulated by Financial Conduct Authority (FCA) among others. C 7 Traders serves 10,000+ clients worldwide; Charter Prime has 10,000+. The minimum deposit is $100 at C 7 Traders and $200 at Charter Prime.
| Feature | C 7 Traders | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2014 | 2012 |
| Country | Vanuatu | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between C 7 Traders and Charter Prime, directly affecting your bottom line as a trader. C 7 Traders has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. Charter Prime charges deposit fees; C 7 Traders does not. Overall, C 7 Traders scores higher on fees in our assessment.
| Feature | C 7 Traders | Charter Prime |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
C 7 Traders offers 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. Charter Prime edges ahead on platform breadth and functionality in our scoring.
| Feature | C 7 Traders | 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 | Metatrader 4 - desktop, iOS and Android versions available. | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how C 7 Traders 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. Charter Prime scores higher overall in education and research.
| Feature | C 7 Traders | Charter Prime |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. C 7 Traders 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 | C 7 Traders | 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 C 7 Traders 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 | C 7 Traders | Charter Prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |