B

Charter Prime

7.3/10

td ameritrade

7/10
7/10RegulationWinner10/10
6/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while td ameritrade was established in 2016 and is based in Malta. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Charter Prime serves 10,000+ clients worldwide; td ameritrade has 10,000+. The minimum deposit is $200 at Charter Prime and $250 at td ameritrade.

Charter Prime wins this category
FeatureCharter Primetd ameritrade
Min. Deposit$200$250
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F319
Founded20122016
CountryAustraliaMalta
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Charter Prime and td ameritrade, 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 td ameritrade). Neither broker charges withdrawal fees. Charter Prime charges deposit fees; td ameritrade does not. Overall, Charter Prime scores higher on fees in our assessment.

Charter Prime wins this category
FeatureCharter Primetd ameritrade
Min. Deposit$200$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureCharter Primetd ameritrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, 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 td ameritrade compare. Charter Prime runs regular live webinars; td ameritrade does not. Charter Prime has a video library; td ameritrade does not. Charter Prime publishes daily market commentary; td ameritrade does not. Charter Prime integrates third-party research tools (Trading Central, Autochartist); td ameritrade does not. 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 Primetd ameritrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 td ameritrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). td ameritrade uniquely supports PayPal and Skrill and Neteller among the two brokers. td ameritrade scores higher on deposit and withdrawal flexibility.

td ameritrade wins this category
FeatureCharter Primetd ameritrade
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 td ameritrade offer live chat support. Both provide phone support. Email support is available at both brokers. Charter Prime supports 2 languages and td ameritrade supports 8, giving td ameritrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCharter Primetd ameritrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic