XM vs Charter Prime, for 2025

Compare XM vs Charter Prime

All trading platforms will have some advantages and disadvantages, so a complete analysis of XM vs Charter Prime cannnot be regarded as thorough without embracing an objective perspective.

Assess XM and Charter Prime to understand just how these platforms stack up to each other prior to you decide to open an account. Performing a side-by-side comparison will place factors into perspective to ensure that you're cognizant of what you should anticipate.

So you are looking for a reputable broker and are choosing between XM or Charter Prime. Who should you choose?

Our XM vs Charter Prime comparison contains the most recent information so you can easily compare Charter Prime against XM.

If you are a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough knowledge. You'll acquire adept at all of the concepts of broker since you continue trading. For starters, you have to choose the ideal broker who will be transparent with you constantly.

In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. XM and Charter Prime are just two such companies which will take you and your investment to great heights. It is important to compare XM vs Charter Prime before you trust them with your money.

Our XM vs Charter Prime comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and Charter Prime side by side.

Our entire XM vs Charter Prime Review covers everything you will need to know about trading using either XM or Charter Prime. A fantastic agent can multiply your first investments and provide you positive profits. If you want to make profits, you should trade with a brokerage service that aligns with your investing objectives.

There is no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you select them. It is a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

XM and Charter Prime are both brokers that have paved their way successfully to the brokerage world. In this review, we've tried to collate some of the important aspects of both XM and Charter Prime. This review will allow you to know whether either Charter Prime or XM is a fantastic match for your own investments or not. We've attempted to breakdown all of the features and charges for your advantage.

Benefits of XM and Charter Prime Compared

XM has a minimum deposit of $5 while Charter Prime offers a $200 minimum deposit.

Why smaller minimum deposits are good and how XM and Charter Prime compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

XM allows you to trade around 100 financial instruments whilst Charter Prime allows you to trade around 100 available.

The more financial instruments you can trade on the XM and Charter Prime trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of XM or Charter Prime.

XM and Charter Prime Contact Details

Being able to contact a broker easily is vital. XM and Charter Prime have the following contact details and social medias that you can use.

Charter Prime and XM Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

This part of comparing XM and Charter Prime will examine whether their mobile app meets all our requirements.

Overall, we rate the user-friendliness of the apps as better than average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

XM vs Charter Prime - Awards

XM vs Charter Prime - Frequently Asked Questions

XM vs Charter Prime - Headquarters And Year Of Founding

XM was founded in 2009 and has its headquaters in Cyprus.

Charter Prime was founded in 2012 and has its head office in Australia.

What is the minimum deposit for Charter Prime or XM

The minimum deposit for XM is $5.

The minimum deposit for Charter Prime is $200.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XM and Charter Prime are a good choice.

XM vs Charter Prime - Regulation And Licencing In More Detail

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

Charter Prime is regulated by Financial Conduct Authority (FCA).

Both XM and Charter Prime have a strong set of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).

As per their own privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare XM vs Charter Prime Commission And Fees

XM and Charter Prime are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of customers they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this purpose.

The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you're paying a spread, financing rate, or even a commission. The sorts of trading fees and the rates differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those that are charged when you maintain a leveraged position for longer than a day.

Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.

In general, neither XM or Charter Prime charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.

But, non-trading fees billed by XM and Charter Prime are comparatively greater. As a result, you're billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These aren't about the sale and purchase of assets.

This XM vs Charter Prime review for 2025 breaks down every one of the relevant non-trading charges for you in detail.

Compare Broker Fees For XM And Charter Prime

What Languages Do XM And Charter Prime Support?

Being able to chat easily with your trading broker is a key way of comparing brokers to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.

Below you can find all the languages that both XM and Charter Prime support.

How Many Clients Do XM and Charter Prime Have?

Both XM and Charter Prime are well established with their client base. It is important to work with a broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients they already work with.

Below you will find details of how many clients XM and Charter Prime are active on their platform

What Payment Methods Do XM and Charter Prime Accept?

XM and Charter Prime both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at XM and Charter Prime

What Can You Trade With XM and Charter Prime?

XM offers 100 trading instruments and Charter Prime offers 71.

Below you will find a full breakdown of what both XM and Charter Prime offer.