Charterprime Fees Spreads and Commission according to research in South Africa shows that fees, spreads and commissions vary according to the account type which the trader is using. Charterprime’ spreads on EUR/USD start from 2 pips.
Min Deposit USD 100 Regulators FSP, ASIC Trading Platform MT4 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our Charterprime Fees Spreads and Commission below.
Our Charterprime Fees Spreads and Commission Revealed:
Here is our overview of the Charterprime Fees Spreads and Commission as well as the features that are offered, which could effect your trading.
Fees and Spreads
Charterprime’ spreads on EUR/USD start from 2 pips.
Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with Charterprime is as follows:
- Charterprime offers accounts with STP and ECN execution, hence featured spreads will be defined by the user account type.
- Charterprime’s Variable account has variable spread as a basis and the ECN Account raw spreads and commission charges of $8 per lot.
- A Swap-free account will have a variable spread and charges a commission of 40$ per lot charged every Wednesday.
- Traders should remember that overnight fees can be an added cost, being an interest for holding positions open overnight. This is determined by each instrument.
Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day.
Charterprime does provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.
The Charterprime support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.
Broker Fees
Charterprime does charge deposit fees, withdrawal fees according to the payment method used, as well as inactivity fees.
Traders need to verify what additional charges may be waived by their financial institution. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees.
Min Deposit USD 100 Regulators FSP, ASIC Trading Platform MT4 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Pros and Cons
| ✔️ Pros | ❌ Cons |
|---|---|
| Islamic Account can be opened | No CFDs on stocks |
| Many years of experience | No cryptocurrencies |
| Sound regulation | Trading conditions poorly presented |
| STP execution | Unrealistic demo spreads |
| Trading on industry-proven software | |
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Frequently Asked Questions
Will I pay withdrawal fees with CharterPrime?
Yes, Charterprime does charge fees on withdrawals as well as deposits in accordance with the withdrawal/payment method used
Does Charterprime charge commission?
Yes. The ECN Account offers spread from as low as 0.0 but charges an $8 commission per standard lot for all trades.
What spreads can I expect with Charterprime?
Charterprime offers spreads from as low as 0.0 for some instruments on the ECN Account.
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