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
No, CharterPrime does not offer a sign-up bonus for first-time sign-ups or beginner traders.
A Charterprime Sign Up Bonus is not offered by Charterprime. Traders who register a real account with Charterprime are not offered with either a sign-up bonus, a deposit bonus, or a welcome bonus.
Choose your quick section of our Charterprime Sign Up Bonus below.
Our Charterprime Sign Up Bonus Revealed:
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Sign up Bonus
Charterprime does not offer a sign-up bonus.
Traders who register a real account with Charterprime are not offered either a sign-up bonus, a deposit bonus, or a welcome bonus.
Brokers often offer such a broker bonus to new traders to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.
Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients, but also traders who have strict budgetary restrictions.
Although Charterprime does not offer bonuses, rewards, promotions, or competitions traders should not be discouraged by this from registering for a real account as bonuses may still be in planning and development phases to be announced at a later stage.
Referral Bonus
Charterprime does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by Charterprime.
Referral bonuses are offered by brokers to traders to draw in new clients and expand their customer base.
Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.
Some of the criteria include, but is not limited to:
The referral must register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.
The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.
A certain minimum deposit amount must be made by the referral.
The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus.
Referral bonuses may also have a limited time in which they can be utilized by traders, perhaps in a given month that brokers see a decrease in activity and attempt to counter it by providing such bonuses.
Additional bonuses, promotions, and rewards
Charterprime does not currently cater for trading bonuses and there are no current initiatives to reward loyal customers.
Trading bonuses serve the purpose of encouraging traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.
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 |
|---|---|
| Comprehensive and competitive trading conditions despite lack of bonuses and rewards | No referral bonus offered |
| No trading bonus for loyal customers | |
| Welcome bonus, deposit bonus, no deposit bonus, and no other broker bonuses offered with first time sign up | |
Conclusion
Broker bonuses are one of the best ways to attract new traders in signing up and registering a real account. Not only does this expand the broker’s customer base, but it also awards traders when they sign up or when they make their first initial deposit.
Although Charterprime does not offer any bonuses or rewards, the trading conditions are quite attractive and Charterprime is not only a reputable broker but one that caters to beginners as well as more advanced traders.
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Frequently Asked Questions
Does Charterprime have a Partnership program?
Yes, Charterprime offers an outstanding Introducing Brokers program with no limits on the amount of income that IB’s can earn when referring business to them.
Is it safe for South African traders to sign-up with CharterPrime?
Yes, CharterPrime is safe and secure for traders in South Africa to sign-up with them
Does Charterprime offer a sign-up bonus?
No. Charterprime does not offer a sign-up bonus.
Why do brokers offer sign-up bonuses?
It is generally regarded a way to attract more traders.
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