Charter Prime
OptionWeb
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 OptionWeb was established in 2012 and is based in Cyprus. Charter Prime holds licences including Financial Conduct Authority (FCA), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Charter Prime serves 10,000+ clients worldwide; OptionWeb has 10,000+. Both brokers share the same minimum deposit of $200.
| Feature | Charter Prime | OptionWeb |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2012 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Charter Prime and OptionWeb, directly affecting your bottom line as a trader. Both require a minimum deposit of $200. Neither broker charges withdrawal fees. Charter Prime charges deposit fees; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | Charter Prime | OptionWeb |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Charter Prime offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Charter Prime supports social and copy trading features, which OptionWeb does not offer. Charter Prime edges ahead on platform breadth and functionality in our scoring.
| Feature | Charter Prime | OptionWeb |
|---|---|---|
| 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 | Binary, 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 OptionWeb compare. Charter Prime runs regular live webinars; OptionWeb does not. Both provide video tutorials. Charter Prime publishes daily market commentary; OptionWeb 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 | OptionWeb |
|---|---|---|
| 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 OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Charter Prime | OptionWeb |
|---|---|---|
| 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 OptionWeb 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 | OptionWeb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |