B

Charter Prime

7.3/10
Chase Bank logo

Chase Bank

7.6/10
7/10RegulationTied7/10
6/10FeesWinner8/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while Chase Bank was established in 1975 and is based in United States. Charter Prime holds licences including Financial Conduct Authority (FCA), while Chase Bank is regulated by Australian Securities and Investment Commission (ASIC) among others. Charter Prime serves 10,000+ clients worldwide; Chase Bank has 10,000+. The minimum deposit is $200 at Charter Prime and $100 at Chase Bank.

Chase Bank wins this category
FeatureCharter PrimeChase Bank
Min. Deposit$200$100
RegulationFinancial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)
Founded20121975
CountryAustraliaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Charter Prime and Chase Bank, directly affecting your bottom line as a trader. Chase Bank 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; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.

Chase Bank wins this category
FeatureCharter PrimeChase Bank
Min. Deposit$200$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Charter Prime offers MT4, MT5, cTrader, while Chase Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Charter Prime supports social and copy trading features, which Chase Bank does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCharter PrimeChase Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Desktop,Android,iPhone/iPad,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and Chase Bank 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.

Tied
FeatureCharter PrimeChase Bank
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Charter Prime accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Chase Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCharter PrimeChase Bank
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Charter Prime and Chase Bank 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.

Tied
FeatureCharter PrimeChase Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese