Charter Prime
Forex EE
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Overview
Charter Prime was founded in 2012 and is headquartered in Australia, while Forex EE was established in 2008 and is based in Grenadines. Charter Prime holds licences including Financial Conduct Authority (FCA), while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. Charter Prime serves 10,000+ clients worldwide; Forex EE has 10,000+. The minimum deposit is $200 at Charter Prime and $100 at Forex EE.
| Feature | Charter Prime | Forex EE |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Ministry of Economic Affairs in Estonia |
| Founded | 2012 | 2008 |
| Country | Australia | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Charter Prime and Forex EE, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Charter Prime). Forex EE charges withdrawal fees while Charter Prime does not, giving Charter Prime an edge for frequent withdrawers. Charter Prime charges deposit fees; Forex EE does not. The two brokers are broadly comparable on fee structure.
| Feature | Charter Prime | Forex EE |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Charter Prime offers MT4, MT5, cTrader, while Forex EE supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Charter Prime supports social and copy trading features, which Forex EE does not offer. Charter Prime edges ahead on platform breadth and functionality in our scoring.
| Feature | Charter Prime | Forex EE |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and Forex EE compare. Charter Prime runs regular live webinars; Forex EE does not. Both provide video tutorials. Charter Prime publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. Charter Prime maintains an archive of past webinars for on-demand viewing. Charter Prime scores higher overall in education and research.
| Feature | Charter Prime | Forex EE |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Charter Prime | Forex EE |
|---|---|---|
| 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 Forex EE 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 | Forex EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |