Charter Prime
Corner Trader
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Overview
Charter Prime was founded in 2012 and is headquartered in Australia, while Corner Trader was established in 1879 and is based in Switzerland. Charter Prime holds licences including Financial Conduct Authority (FCA), while Corner Trader is regulated by Unregulated among others. Charter Prime serves 10,000+ clients worldwide; Corner Trader has 10,000+. The minimum deposit is $200 at Charter Prime and $250 at Corner Trader.
| Feature | Charter Prime | Corner Trader |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2012 | 1879 |
| Country | Australia | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Charter Prime and Corner Trader, directly affecting your bottom line as a trader. Charter Prime has a lower barrier to entry with a minimum deposit of $200 (vs $250 at Corner Trader). Corner Trader charges withdrawal fees while Charter Prime does not, giving Charter Prime an edge for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Charter Prime does not. Charter Prime charges deposit fees; Corner Trader does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | Charter Prime | Corner Trader |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Charter Prime offers MT4, MT5, cTrader, while Corner Trader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Charter Prime supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | Charter Prime | Corner Trader |
|---|---|---|
| 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 | MT4,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and Corner Trader compare. Charter Prime runs regular live webinars; Corner Trader does not. Charter Prime has a video library; Corner Trader does not. Charter Prime publishes daily market commentary; Corner Trader does not. Charter Prime integrates third-party research tools (Trading Central, Autochartist); Corner Trader does not. Charter Prime maintains an archive of past webinars for on-demand viewing. Charter Prime scores higher overall in education and research.
| Feature | Charter Prime | Corner Trader |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
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 Corner Trader supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Charter Prime | Corner Trader |
|---|---|---|
| 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 Corner Trader 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 | Charter Prime | Corner Trader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |