B

Charter Prime

7.3/10
PUPRIME logo

PUPRIME

8.3/10
7/10WinnerRegulation5/10
6/10FeesWinner10/10
9/10WinnerPlatforms8/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while PUPRIME was established in 2015 and is based in Seychelles. Charter Prime holds licences including Financial Conduct Authority (FCA), while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. Charter Prime serves 10,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $200 at Charter Prime and $50 at PUPRIME.

PUPRIME wins this category
FeatureCharter PrimePUPRIME
Min. Deposit$200$50
RegulationFinancial Conduct Authority (FCA)Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218
Founded20122015
CountryAustraliaSeychelles
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between Charter Prime and PUPRIME, directly affecting your bottom line as a trader. Charter Prime has a lower barrier to entry with a minimum deposit of $200 (vs $50 at PUPRIME). PUPRIME charges withdrawal fees while Charter Prime does not, giving Charter Prime an edge for frequent withdrawers. Charter Prime charges deposit fees; PUPRIME does not. Overall, PUPRIME scores higher on fees in our assessment.

PUPRIME wins this category
FeatureCharter PrimePUPRIME
Min. Deposit$200$50
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Charter Prime offers MT4, MT5, cTrader, while PUPRIME supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Charter Prime edges ahead on platform breadth and functionality in our scoring.

Charter Prime wins this category
FeatureCharter PrimePUPRIME
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesNo
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, MT5, WebTrader, PU Prime App, PU Social

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and PUPRIME 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.

Tied
FeatureCharter PrimePUPRIME
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PUPRIME uniquely supports Skrill and Neteller among the two brokers. PUPRIME scores higher on deposit and withdrawal flexibility.

PUPRIME wins this category
FeatureCharter PrimePUPRIME
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. Charter Prime supports 2 languages and PUPRIME supports 1, giving Charter Prime broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCharter PrimePUPRIME
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish