B

Charter Prime

7.3/10

Finpro

5.6/10
7/10WinnerRegulation3/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while Finpro was established in 2008 and is based in GRENADINES. Charter Prime holds licences including Financial Conduct Authority (FCA), while Finpro is regulated by Unregulated among others. Charter Prime serves 10,000+ clients worldwide; Finpro has 10,000+. The minimum deposit is $200 at Charter Prime and $0 at Finpro.

Charter Prime wins this category
FeatureCharter PrimeFinpro
Min. Deposit$200$0
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded20122008
CountryAustraliaGRENADINES
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Charter Prime and Finpro, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. Finpro applies inactivity fees on dormant accounts; Charter Prime does not. Charter Prime charges deposit fees; Finpro does not. Overall, Finpro scores higher on fees in our assessment.

Finpro wins this category
FeatureCharter PrimeFinpro
Min. Deposit$200$0
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureCharter PrimeFinpro
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and Finpro compare. Charter Prime runs regular live webinars; Finpro does not. Charter Prime has a video library; Finpro does not. Charter Prime publishes daily market commentary; Finpro does not. Charter Prime integrates third-party research tools (Trading Central, Autochartist); Finpro does not. Charter Prime maintains an archive of past webinars for on-demand viewing. Charter Prime scores higher overall in education and research.

Charter Prime wins this category
FeatureCharter PrimeFinpro
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 Finpro supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCharter PrimeFinpro
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 Finpro 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 PrimeFinpro
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese