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10TradeFX vs CharterPrime

10TradeFX or CharterPrime – which is better for UK traders 2024? Compare 10TradeFX and CharterPrime in this detailed breakdown of their platforms, features and fees.

10TradeFX vs CharterPrime Comparison Table 2024
10TradeFX	CharterPrime

2.8	2.8
10TradeFX is ranked #96 among CFD brokers.	CharterPrime is ranked #96 among CFD brokers.
Review	Review
10TradeFX is an offshore regulated forex and CFD broker. The brand offers MetaTrader platform integration with spreads as low as 0.1 pips. The broker offers true STP and ECN execution. The low minimum deposit, social trading and funded trader account programme makes 10TradeFX appealing to new traders.	Charterprime is an STP/ECN forex and CFD broker established in 2012. Headquartered in Sydney, Australia, the firm offers 50+ forex, commodities and indices on the MetaTrader 4 (MT4) platform. Traders can access 3 account types with variable spreads and leverage up to 1:500. The broker is regulated by the ASIC and is registered offshore in Saint Vincent and the Grenadines.
Pros
I appreciate the flexible access to the MetaTrader 5 web and mobile platforms as well as TradingView charting and copy trading functionality There are some diverse and popular asset classes on offer including forex, stocks, crypto and NFTs I'm a fan of the comprehensive learning academy backed by London’s Association of Trading & Investment (ATI) I like that traders can benefit from the Funded Trader program with up to $500,000 account size and 70% profit split	I found a range of free payment methods at Charterprime, including bank wire, credit cards and e-wallets, plus USD, AUD and EUR are supported as account base currencies I’m glad to see reliable MT4 integration, plus MAM/PAMM trading facilities and a VPS service for those who require 24/7 uninterrupted connection I appreciate that Charterprime offers accessible account types with just a $100 minimum deposit, including ECN and swap-free options
Cons
I'm disappointed that the broker is regulated offshore by the Seychelles Financial Services Authority (SFSA) and is not overseen by any top-tier authority I don't like how limited the shares offering is at 10TradeFX, putting them low in my rankings for market availability	It’s disappointing that the minimum withdrawal is $100, plus there is a $40 fee for each withdrawal, which is altogether very steep compared to other brokers Charterprime’s primary regulator is located offshore in St Vincent and the Grenadines, with only Australian clients benefitting from ASIC oversight Unlike most top brokerages, Charterprime doesn’t offer any copy trading solutions for beginners or strategy providers
Awards
	Best STP/ECN Broker 2017 Best Liquidity Provider 2017 Most Transparent Forex Broker 2017 Most Transparent Forex Broker 2016 Best Liquidity Provider 2016
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities	CFDs, Forex, Commodities, Metals
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
Payment Methods
Neteller Skrill Wire Transfer	Neteller Skrill Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
SFSA	ASIC, SVGFSA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating

Android App Rating

Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	MetaTrader
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD	USD EUR GBP AUD SEK
Commodities
Silver Oil	Gold Silver Platinum Oil
CFD
10TradeFX offers 200+ CFDs available to trade on the MT5 terminal. This is a relatively small range compared to most competitors I've reviewed. That said, the minimum deposit requirement to get started is only $50, which is great news for beginners.	Alongside forex and indices, I also found a small selection of metals and energies tradable via CFDs with leverage up to 1:500. The MT4 is an excellent, feature-rich environment for trading CFDs, though I do wish that the broker offered more additional tools and market analysis resources.
Leverage
1:600	1:500 (Location Dependent)
FTSE Spread
200	Variable
GBPUSD Spread<
1.5	From 2.0
Oil Spread
20	Variable
Stocks Spread
29	NA
Forex
My tests uncovered an average range of 40+ major, minor and exotic currency pairs with spreads as low as 0.1 pips and leverage up to 1:500. I like that the broker offers flexible contract sizes between 0.01 and 1 lot.	I found 45 currency pairs available at Charterprime, which is an OK range but not the biggest I’ve seen. Spreads are the most competitive in the ECN account, averaging around 0.5 pips. It’s good to see that you would only need to deposit $100 to access these prices, though they aren’t the lowest in the market.
Assets
39	45+
GBPUSD Spread
1.5	From 2.0
EURUSD Spread
1.5	From 1.7
EURGBP Spread
1.5	From 1.5
Cryptocurrency
There are 10+ crypto instruments available, including Bitcoin, Ethereum and Litecoin. Again, this is pretty limited for active crypto traders but I am glad to see some popular altcoins available 24/7 including Polkadot and Chainlink.
Spread
Variable
Coins
BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

10TradeFX	CharterPrime
Review	Review
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