Charter Prime
fxdd
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Overview
Charter Prime was founded in 2012 and is headquartered in Australia, while fxdd was established in 2010 and is based in Belize. Charter Prime holds licences including Financial Conduct Authority (FCA), while fxdd is regulated by Malta Financial Services Authority MFSA IS/48817. Financial Services Commission among others. Charter Prime serves 10,000+ clients worldwide; fxdd has 14,000,000+. The minimum deposit is $200 at Charter Prime and $250 at fxdd.
| Feature | Charter Prime | fxdd |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252 |
| Founded | 2012 | 2010 |
| Country | Australia | Belize |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between Charter Prime and fxdd, 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 fxdd). Neither broker charges withdrawal fees. Charter Prime charges deposit fees; fxdd does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | Charter Prime | fxdd |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Charter Prime offers MT4, MT5, cTrader, while fxdd supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Charter Prime | fxdd |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and fxdd 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. The two brokers are evenly matched on educational content.
| Feature | Charter Prime | fxdd |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 fxdd supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxdd uniquely supports PayPal and Skrill and Neteller among the two brokers. fxdd scores higher on deposit and withdrawal flexibility.
| Feature | Charter Prime | fxdd |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 fxdd offer live chat support. Both provide phone support. Email support is available at both brokers. Charter Prime supports 2 languages and fxdd supports 8, giving fxdd broader global reach. Both brokers are comparable on support quality.
| Feature | Charter Prime | fxdd |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |