Charter Prime Alternatives: Pros, Cons, And How It Compares 2024 Update
This alternatives to Charter Prime guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Charter Prime to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Charter Prime like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their users. If you feel that Charter Prime is not quite right for you then it would be worth getting a virtual account with a lot of the best Charter Prime alternatives and check if they are a better fit for you before moving any money around.
The most complete guide to Charter Prime alternatives on the web
There are a lot of reasons Charter Prime may not be a good fit for you. For whatever reason you are looking for the top Charter Prime alternative or Charter Prime competitor with similar services, comparebrokers.org try to give you as much useful information so you can find what it is you need. Below you will discover the best Charter Prime alternatives.
For each of the below alternative to Charter Prime, we break down the key differences to Charter Prime and for each platform feature show you the best alternatives. For each Charter Prime alternative online broker listed we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with Charter Prime, let us show you some great alternative brokersbrokers|online trading platforms|brokerages.
Trading with a professional and dependable trading platform is crucial to having a successful trading career. All of the Charter Prime alternative brokers we list in this Charter Prime alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
Charter Prime has a minimum desposit of $200, you should see how the minimum deposit requirements of Charter Prime compare with the minimum deposit requirements of Charter Prime competitors. Trading platforms have lower minimum deposits to get users to join with them, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Charter Prime |
$200 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| IC Markets |
$200 |
Alternatives Offering Virtual Portfolio Accounts
Charter Prime offers virtual portfolio accounts so you can learn their systems before risking any real money. Inexperienced traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Below we detail some of the best alternatives to Charter Prime that has virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Charter Prime |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Charter Prime does not offer negative balance protection. If your balance is negative, Charter Prime indicates you promptly contact customer services. So you can correct any imbalances within your account.
Below we show some of the best alternatives to Charter Prime that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Charter Prime |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Charter Prime regrettably, does not provide guaranteed stop loss. Charter Prime gives an opportunity for its traders to close their trade in their specified price. Apart from this, Charter Prime does not provide guaranteed stop loss.
Below we detail some of the top Charter Prime alternatives that have guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Charter Prime |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Charter Prime do allow scalping. Many traders throughout the world select Charter Prime due to their scalping services. They offer trading on MetaTrader 4 which allow this.
Below we detail some of the best alternatives to Charter Prime that offer scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Charter Prime |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Charter Prime do permit hedging. Several traders throughout the world select Charter Prime for their hedging services. They offer trading on MetaTrader 4.
Below we show some of the top alternatives to Charter Prime that offer hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Charter Prime |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Charter Prime offers social trading which encompasses leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we list some of the top Charter Prime alternatives that allow social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Charter Prime |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Charter Prime's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of social trading.
Below we detail some of the best alternatives to Charter Prime that offer copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Charter Prime |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Charter Prime To All Other Brokers