Charter Prime
CMC Markets
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Overview
Charter Prime was founded in 2012 and is headquartered in Australia, while CMC Markets was established in 1989 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Charter Prime serves 10,000+ clients worldwide; CMC Markets has 10,000+. Both brokers share the same minimum deposit of $200.
| Feature | Charter Prime | CMC Markets |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
| Founded | 2012 | 1989 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Charter Prime and CMC Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $200. CMC Markets charges withdrawal fees while Charter Prime does not, giving Charter Prime an edge for frequent withdrawers. CMC Markets applies inactivity fees on dormant accounts; Charter Prime does not. Charter Prime charges deposit fees; CMC Markets does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | Charter Prime | CMC Markets |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Charter Prime offers MT4, MT5, cTrader, while CMC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Charter Prime supports social and copy trading features, which CMC Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Charter Prime | CMC Markets |
|---|---|---|
| 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 | Web Trader, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and CMC Markets 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 | Charter Prime | CMC Markets |
|---|---|---|
| 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. Charter Prime accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while CMC Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Charter Prime | CMC Markets |
|---|---|---|
| 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 Charter Prime and CMC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Charter Prime supports 2 languages and CMC Markets supports 8, giving CMC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Charter Prime | CMC Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian |