B

Charter Prime

7.3/10
tegasfx logo

tegasfx

8.4/10
7/10RegulationWinner10/10
6/10WinnerFees0/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while tegasfx was established in 2017 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Charter Prime serves 10,000+ clients worldwide; tegasfx has 10,000+. The minimum deposit is $200 at Charter Prime and $250 at tegasfx.

tegasfx wins this category
FeatureCharter Primetegasfx
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-F320
Founded20122017
CountryAustraliaCyprus
Clients10,000+10,000+

Fees

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

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

Platforms

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

Tied
FeatureCharter Primetegasfx
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 tegasfx 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 Primetegasfx
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 tegasfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tegasfx uniquely supports PayPal and Skrill and Neteller among the two brokers. tegasfx scores higher on deposit and withdrawal flexibility.

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

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