Charter Prime
XGLOBAL Markets
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Overview
Charter Prime was founded in 2012 and is headquartered in Australia, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Charter Prime holds licences including Financial Conduct Authority (FCA), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Charter Prime serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $200 at Charter Prime and $500 at XGLOBAL Markets.
| Feature | Charter Prime | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $200 | $500 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2008 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Charter Prime and XGLOBAL Markets, directly affecting your bottom line as a trader. Charter Prime has a lower barrier to entry with a minimum deposit of $200 (vs $500 at XGLOBAL Markets). XGLOBAL Markets charges withdrawal fees while Charter Prime does not, giving Charter Prime an edge for frequent withdrawers. Charter Prime charges deposit fees; XGLOBAL Markets does not. Overall, Charter Prime scores higher on fees in our assessment.
| Feature | Charter Prime | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $200 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Charter Prime offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Charter Prime supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Charter Prime | XGLOBAL Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Charter Prime and XGLOBAL Markets compare. Charter Prime runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. Charter Prime publishes daily market commentary; XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Charter Prime | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |