B

Charter Prime

7.3/10

Forex Euroclub

6.3/10
7/10WinnerRegulation5/10
6/10FeesWinner8/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
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 Forex Euroclub was established in 2008 and is based in Russia. Charter Prime holds licences including Financial Conduct Authority (FCA), while Forex Euroclub is regulated by Unregulated among others. Charter Prime serves 10,000+ clients worldwide; Forex Euroclub has 10,000+. The minimum deposit is $200 at Charter Prime and $100 at Forex Euroclub.

Charter Prime wins this category
FeatureCharter PrimeForex Euroclub
Min. Deposit$200$100
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded20122008
CountryAustraliaRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Charter Prime and Forex Euroclub, directly affecting your bottom line as a trader. Forex Euroclub has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. Charter Prime charges deposit fees; Forex Euroclub does not. Overall, Forex Euroclub scores higher on fees in our assessment.

Forex Euroclub wins this category
FeatureCharter PrimeForex Euroclub
Min. Deposit$200$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureCharter PrimeForex Euroclub
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4,WEB,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and Forex Euroclub compare. Charter Prime runs regular live webinars; Forex Euroclub does not. Both provide video tutorials. Charter Prime publishes daily market commentary; Forex Euroclub 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.

Charter Prime wins this category
FeatureCharter PrimeForex Euroclub
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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

Tied
FeatureCharter PrimeForex Euroclub
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 Forex Euroclub 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 PrimeForex Euroclub
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese