B

Charter Prime

7.3/10
Darwinex logo

Darwinex

6.5/10
7/10RegulationTied7/10
6/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while Darwinex was established in 2012 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Charter Prime serves 10,000+ clients worldwide; Darwinex has 10,000+. The minimum deposit is $200 at Charter Prime and $500 at Darwinex.

Charter Prime wins this category
FeatureCharter PrimeDarwinex
Min. Deposit$200$500
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA)
Founded20122012
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Charter Prime and Darwinex, directly affecting your bottom line as a trader. Charter Prime has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Darwinex). Neither broker charges withdrawal fees. Charter Prime charges deposit fees; Darwinex does not. Overall, Charter Prime scores higher on fees in our assessment.

Charter Prime wins this category
FeatureCharter PrimeDarwinex
Min. Deposit$200$500
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureCharter PrimeDarwinex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, Web Trader,

Education & Research

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

Charter Prime wins this category
FeatureCharter PrimeDarwinex
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

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 Darwinex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCharter PrimeDarwinex
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 Darwinex 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 PrimeDarwinex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese