CharterPrime.com

Established in 2012, CharterPrime is a well-known player in the forex trading industry. This Australian-based forex broker offers a variety of trading options, including over 40 forex currency pairs, oil, precious metals, and stock index CFDs.

Trading Platforms and Instruments

CharterPrime primarily uses the MetaTrader 4 trading platform, a top-rated choice among forex traders worldwide. This platform is known for its user-friendly interface, advanced charting capabilities, and extensive back-testing environment. In addition, CharterPrime also offers mobile trading options, enabling traders to manage their accounts and execute trades from their smartphones or tablets.

Trading Conditions and Features

CharterPrime offers a minimum trade size of 0.01 and a maximum leverage of 500:1. This offers traders the flexibility to manage their trading strategies and risk levels. Additionally, the broker supports various trading conditions such as EAs/Robots, news trading, and scalping.

Account Management

CharterPrime also provides options for managed accounts and social trading. Both MAM and PAMM accounts are available, allowing traders to delegate their trading to experienced managers or to copy the trades of successful traders.

Deposits and Withdrawals

CharterPrime supports a variety of deposit and withdrawal methods, including bank wire transfers, Bitcoin, ePayments, local bank transfers, Neteller, Skrill, and UnionPay. This diversity of payment methods provides convenience for traders worldwide.

Regulation and Safety

CharterPrime is regulated by the Australian Securities and Investments Commission (ASIC), ensuring that it adheres to strict regulatory standards. This provides an added layer of security for traders, as the broker is required to maintain transparent operations and provide adequate protection for client funds.

Pros and Cons

CharterPrime offers numerous advantages, including a wide range of trading instruments, flexible trading conditions, and diverse payment options. However, potential drawbacks include the broker's restriction in certain countries and the lack of cryptocurrencies as a trading instrument.

Scammer or Not?

Given CharterPrime's regulatory status and positive reputation in the forex trading community, it is unlikely to be a scam. However, as with any broker, traders should conduct their own due diligence before opening an account.

Safety Check

CharterPrime's regulation by ASIC is a positive sign of its commitment to safety and transparency. However, traders should always ensure they understand the risks associated with forex trading and take appropriate measures to protect their investments.

FAQs

• What trading platform does CharterPrime use? CharterPrime uses the MetaTrader 4 trading platform.
• What is the minimum trade size at CharterPrime? The minimum trade size at CharterPrime is 0.01.
• Does CharterPrime offer mobile trading? Yes, CharterPrime offers mobile trading options.
• What payment methods does CharterPrime accept? CharterPrime accepts a variety of payment methods, including bank wire transfers, Bitcoin, ePayments, local bank transfers, Neteller, Skrill, and UnionPay.
• Is CharterPrime regulated? Yes, CharterPrime is regulated by the Australian Securities and Investments Commission (ASIC).

Traders can leave their feedback about their experience with CharterPrime on the forexroboteasy.com website. This review is an independent evaluation of the company and does not contain any personal recommendations or conclusions.