B

Charter Prime

7.3/10

FxPro

8.3/10
7/10RegulationWinner10/10
6/10FeesTied6/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while FxPro was established in 2006 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Charter Prime serves 10,000+ clients worldwide; FxPro has 10,000+. The minimum deposit is $200 at Charter Prime and $100 at FxPro.

FxPro wins this category
FeatureCharter PrimeFxPro
Min. Deposit$200$100
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA)
Founded20122006
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Charter Prime and FxPro, directly affecting your bottom line as a trader. FxPro has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Charter Prime). Neither broker charges withdrawal fees. FxPro applies inactivity fees on dormant accounts; Charter Prime does not. Charter Prime charges deposit fees; FxPro does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureCharter PrimeFxPro
Min. Deposit$200$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Charter Prime offers MT4, MT5, cTrader, while FxPro 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.

Tied
FeatureCharter PrimeFxPro
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, MT5, 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 FxPro 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 PrimeFxPro
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 FxPro supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FxPro uniquely supports PayPal and Skrill and Neteller among the two brokers. FxPro scores higher on deposit and withdrawal flexibility.

FxPro wins this category
FeatureCharter PrimeFxPro
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 FxPro offer live chat support. Both provide phone support. Email support is available at both brokers. Charter Prime supports 2 languages and FxPro supports 15, giving FxPro broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCharter PrimeFxPro
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseArabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese