CharterPrime is a financial and forex brokerage firm dedicated to customers’ needs. CharterPrime takes pride in customizing solutions by putting effort, money, and energy into building trading solutions that last and provide value to all. The CharterPrime team consists of global professionals with a variety of career experiences and specialized expertise. Read this CharterPrime review to know more about it.
CharterPrime Security and Safety
CharterPrime is regulated in multiple regions, having been registered with the FSP and licensed by the ASIC, which shows the highest level of oversight and adherence with AML and KYC regulations
Customer funds are also maintained in separate accounts at CharterPrime. Customer data, accounts, and funds are managed with care by being separated into separate bank accounts. Lastly, CharterPrime undertakes audits regularly to ensure compliance with all legal and regulatory obligations. This comprises audits, evaluations, and a variety of operating risk controls.
A Forex account functions like your bank account, with the exception that it will be created solely for the objective of currency trading. Forex Islamic accounts since do not allow for swaps or rolling interest on assets, which is prohibited in Islam.
CharterPrime, for example, provides the following services:
The Variable Account provides customers with a trading environment that includes no commissions and a volatile market spread; the ECN Account provides traders with narrower spreads than the above-mentioned account. For some instruments, the spread can be as little as 0.0, although all transactions cost $8 per standard lot. The Swap-Free Account is for those that do not want to pay interest on their money.
In the areas of foreign currency, commodities, and index futures trading, CharterPrime offers customers safe and competitive assets.
With over 5 trillion USD in foreign volume handled each day, the forex market is not just the world’s leading financial market, but as well as the most dynamic and liquid.
CharterPrime offers cheap spreads on metals Silver, Gold, and Platinum, which are generally perceived by investors in times of currency market turmoil.
The flexibility of the CFD system enables Consumers to quickly access a range of economic markets using a single platform, and CharterPrime offers a wide selection of indices with extremely competitive spreads.
Traders can now trade cryptocurrency and stocks, among other asset types. BTC, Dash, Eth, LTC, Lyra, XRP, and Zcash are among the cryptocurrencies accessible.
Brokers may provide several account kinds with varied cost structures depending on their region or residence due to their global presence.
The Variable account has a fluctuating spread as its basis, while the ECN account has a raw. the commission is 8 dollars per lot. Because CharterPrime supports both STP and ECN accounts, the spread will be determined by the user account category. A Swap-free account has a variable spread and a weekly commission of $40 per lot.
Customers that use an excellent trading platform can trade forex and other asset classes such as CFDs on equities, market indices, metals, and cryptos.
The platform a customer chooses will always be determined by the type of trading they want to do. The MT4 trading platform from CharterPrime is known for its versatility and analytic tools. It includes market graphs, technical indicators signals, and a variety of visible market analyses, as well as a broad range of execution settings.
Potential traders must ensure that the brokerage firm they choose will provide them with support and assistance anytime they require it. This should make it easier for clients to obtain the specific solutions to their queries and provide them with the greatest possible user experience.
CharterPrime can be reached by email, and they claim to respond within 24 hours. live chat on Facebook and Skype are also available.
CharterPrime features a straightforward and effective product that is compatible with the key to potential trading success. Sophisticated execution technologies, an industry-proven platform, and a variety of accounts with some of the narrowest spreads in the industry are just a few of the benefits. If you’re a beginner trader, competent, or portfolio manager looking for an expert partner, CharterPrime is a good option.