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Charterprime , BDSWISS Broker Comparison

Do you want to know which is the better broker between Charterprime and BDSWISS ?

In the table below, you can compare the features of Charterprime , BDSWISS side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
WikiFX exposure
Basic Information
Regulatory license
Deposit and withdrawal method
Transaction environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account name
Funding Requirement
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum position
Lock postition
EA trading
Under guarantee
10-15 years
Swap interest fee-free account,ECN account,Floating spread account
0.01 lot
Under guarantee
10-15 years
Forex CFDs, Stocks CFDs, Indices CFDs, Commodities CFDs, Cryptocurrencies CFDs
From 1.5

Charterprime 、 BDSWISS BrokersRelevant information

Charterprime 、 BDSWISS BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of charter, bdswiss lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction


Registered Country/Region Saint Vincent and the Grenadines
Regulation ASIC
Minimum Deposit $100
Maximum Leverage 1:500
Minimum Spreads From 0.0 pips
Trading Platform MT4 trading platform
Demo Account Yes
Trading Assets Forex, Precious Metals, Indices CFDs, and Spot C ommodities.
Payment Methods Bitcoin, USDT, Wire Transfer, Skrill, Neteller, Local Gateway
Customer Support Phone & Email Support

General Information & Regulation

Charterprime is a global financial and foreign exchange brokerage group established in 2012, headquartered in Sydney, Australia. The company adopts the STP processing system as its business model and is authorized and regulated by the ASIC in Australia, with regulatory license number 421210.

Markets Instruments

Financial instruments can be traded online with Charterprime include forex, precious metals, indices CFDs, and spot commodities.

Charterprime Account Types

Three account types are offered by Charterprime: the Variable account, the ECN account and the Swap-free account. The minimum initial deposit for three account is $100, the reasonable amount for most regular traders to get started.


Charterprime Leverage

CharterPrime as an Australia and New Zealand broker together with its obligations to local regulation still allows high leverage. The maximum trading leverage available by this broker is up to 1:500 for forex instruments and major currency pairs available for retail traders.

Spreads & Commissions

The average spread of the EURUSD for the Floating Spread Account is 2.0, the average spread of the EURGBP 1.9, and the average spread of the AUDUSD is 2.2. The average spread of ECN accounts for the EURUSD is 0.5, the average spread for the EURGBP 0.8, and the average spread for the AUDUSD is 0.7. The average spread of Gold Price in US dollar for Floating Spread Accounts is 3.8, and the average spread for Silver Price in US dollar is 3.4. The average spread of Gold Price in US dollar for ECN accounts is 1.5, and the spread for Silver Price in US dollar is 3.6. See the following swap chart:

Product Long Short
AUDCAD -0.99 -1.47
AUDCHF 0.83 -3.01
AUDJPY -0.73 -1.93
AUDNZD -2.93 -0.21
AUDUSD -1.34 -1.11
EURUSD -4.56 0.43

Trading Platform

The MT4 trading platform used by Charter has powerful trading functions and analytical capabilities. Apart from Multiple order execution, it enables traders to conduct complete and flexible tradings. At the same time, it also integrates market charts, technical analysis, and order transactions. Three functions are integrated, allowing users to quickly determine trends and determine the best entry and exit time. Besides, the company also provides a multi-account management model, which refers to a practical and convenient way to manage accounts on behalf of clients and manage multiple accounts simultaneously from a single interface. It can quickly execute a large number of customer orders as long as the management account clicks a button, and a large number of transactions can be automatically allocated to their respective customer accounts.

Virtual Private Server (VPS)

VPS, also known as Virtual Private Server, is a stand-alone server that runs 24 hours per day. Traders can log into a VPS with a computer or mobile device, without any pullback issues caused by network failure or any other factor that can affect their trading progress. A VPS is suitable for and mainly used by traders who employ automated strategies which require uninterrupted access to the market 24 hours a day.

Deposit & Withdrawal

Deposit and withdrawal methods support Bitcoin (deposit time taking 1 day, and the withdrawal time taking 3 days, and the minimum withdrawal amount is 100 US dollars), USDT (the stable value currency U.S. dollar (USD) token Tether USD launched by the Ether company, USDTfor short, 1USDT equals 1 U.S. dollar, deposit taking 1 day, withdrawal taking 3 days, deposit and withdrawal fees are both 5%), UnionPay (no charge for deposit and withdrawal, deposit time taking 1 day, withdrawal taking 3 days , the minimum amount of gold withdrawal is US$100), wire transfer (the deposit and withdrawal taking 3-5 days, the withdrawal fee is 40 US dollars, and the minimum amount of withdrawal is 100 US dollars), Skrill (deposit taking 1 day, the withdrawal taking 3 Day, no deposit fee, withdrawal fee is 1%, the minimum amount for withdrawal is 100 USD), Neteller (Deposit time taking 1 day, withdrawal taking 3 days, no deposit fee, withdrawal fee is 2%, the maximum is 30 USD , The minimum withdrawal amount is US$100), and Local Gateway (currently supported currencies are Thailand, Indonesia, the Philippines and Vietnam, deposit taking 1 day, withdrawal time taking 3 days, no deposit and withdrawal fees, and the minimum withdrawal amount is 100 US dollars).

Educational & Research Tools

There are no other educational resources provided by the broker apart from a baic glossary, FAQ, user and installation guiders fro the MT4 trading platform.

Additional research tools offered by CharterPrime consist of market news, updates and an economic calendar of featured events and data releases.

Customer Support

CharterPrime Customer Support team can be contacted within working hours through Live Chat, email or contact form.

Here are some contact details:

Telephone: +852 8175 6090


Or you can also follow this broker on some social media platforms, such as Facebook, Twitter, Instagram and Linkedin.

Pros & Cons

Pros Cons
ASIC-regulated Product portfolios are not that rich
Low minimum deposit requirement No 7/24 customer support
MT4 trading platform
VPS provided
High leverage up to 1:500

Frequently Asked Questions

Is Charterprime regulated?

Charterprime is authorized and regulated by the ASIC in Asutralia under regulatory license number 421210.

Does Charterprime offer a demo account?

Yes, demo accounts are available with Charterprime.

What trading platform does CharterPrime provide?

CharterPrime makes the popular trading platform MT4 available.

What are CharterPrime's customer service hours?

The CharterPrime customer service team is available 24/5 from Monday to Friday.

Can I change my leverage with Charterprime?

Yes, leverage can be changed by contacting the Charterprime customer support team.


Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

BDSWISS Review Summary in 10 Points
Founded 2012
Registered Country/Region Seychelles
Regulation FSA (offshore)
Market Instruments Forex, commodities, shares, indices and cryptocurrencies
Demo Account Available
Leverage 1:500
EUR/USD Spread From 0.0 pips
Trading Platforms MT4, MT5, BDSwiss Mobile APP, BDSwiss WebTrader
Minimum deposit $10
Customer Support 24/5 multilingual live chat, phone, email

What is BDSWISS?

BDSwiss is an offshore-regulated forex and CFD broker that was established in 2012 and is registered in Seychelles. The broker offers a range of trading instruments across multiple asset classes, including forex, commodities, shares, indices, and cryptocurrencies.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

BDSWISS' website

Pros & Cons

BDSWISS offers a wide range of trading instruments across multiple asset classes, making it a versatile platform for traders. The absence of deposit and withdrawal fees is a definite advantage for those who prioritize low-cost trading. Additionally, the broker's extensive educational resources can be beneficial for novice traders who want to improve their trading skills.

However, some traders may find the offshore Seychelles Financial Services Authority (FSA) license to be a drawback. Overall, BDSWISS appears to be a reliable broker with several advantages for traders, but it's important to consider the potential drawbacks before deciding to trade with them.

Pros Cons
• Wide range of trading instruments across multiple asset classes • Offshore FSA license
• Various account types to suit different trading needs • Negative reviews from their clients
• Multiple trading platforms and tools • Overnight charges, currency conversion, and inactivity fee
• No deposit and withdrawal fees
• Rich educational resources for traders of all levels

Note that this table is not exhaustive and there may be additional pros and cons to consider.

BDSWISS Alternative Brokers

There are many alternative brokers to BDSWISS depending on the specific needs and preferences of the trader. Some popular options include:

FxPro - A reputable broker with a variety of trading platforms and competitive pricing.

Trade Nation - A user-friendly broker with a focus on education and customer satisfaction.

Go Markets - A reliable broker with competitive spreads and a range of trading instruments.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is BDSWISS Safe or Scam?

Protection Measures Detail
Regulation FSA (offshore)
Segregated Accounts Separate from the company's operating funds, protecting clients' funds in case of bankruptcy
Negative Balance Protection Ensuring that clients cannot lose more than their account balance
SSL Encryption To protect its clients' personal and financial information during transmission
Two-Factor Authentication As an extra layer of security to protect clients' accounts from unauthorized access
Investor Compensation Fund Provides additional protection to clients in the event of BDSWISS's insolvency

These measures help to ensure that BDSWISS provides a safe and secure trading environment for its clients.

Our Conclusion on BDSWISS Reliability:

Based on the information provided, BDSWISS appears to be a reliable and reputable online broker. It is offshore regulated by Seychelles Financial Services Authority (FSA), offers negative balance protection and segregates client funds. However, it is important to note that all trading carries risks, and clients should always do their own research and take appropriate precautions.

Market Instruments

BDSwiss offers 250+ trading instruments across various asset classes, providing traders with numerous options for diversification. Forex traders can access over 50 currency pairs, including major, minor, and exotic pairs. The platform also offers CFD trading on precious metals such as gold, silver, and platinum, as well as energy products like crude oil and natural gas. Additionally, traders can choose from a range of popular stock CFDs, including shares of leading companies in the US, Europe, and Asia. BDSwiss also provides access to a range of global stock indices, such as the S&P 500, FTSE 100, DAX 30, and Nikkei 225. Finally, the platform offers trading on popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Market Instruments


Demo Account: BDSWISS provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: BDSWISS offers a total of 3 account types: Classic, VIP, and Raw. The minimum deposit to open an account is $10, $500 and $500 respectively. The threshold to open an account at BDSWISS is quite low. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

Account Types


BDSWISS offers a maximum leverage of up to 1:500 for all account types, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Spreads & Commissions

BDSwiss offers variable spreads and commissions based on the type of trading account. Classic accounts have a minimum spread of 1.5 pips with no commission, while VIP accounts have a lower minimum spread of 1.1 pips and are also commission-free. Raw accounts, on the other hand, offer raw spreads starting from 0.0 pips but have to pay a commission of $5 per traded lot. Overall, BDSwiss' spreads and commissions are competitive compared to other brokers in the market. It's essential to note that spreads can fluctuate depending on market volatility, trading volumes, and other market conditions.

Spreads & Commissions

It is commendable that in the trading instruments interface, BDSWISS provides a detailed table showing the spreads, swaps, commissions and pip value of various instruments in various accounts in detail, which greatly facilitates customers' inquiries and comparisons.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commissions
BDSWISS 1.5 pips Free
FxPro 1.4 pips Free
Trade Nation 0.6 pips Free
GO Markets 0.5 pips Free

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

As for the trading platform, BDSWISS provides its clients with many options. There are public platforms such as MT4 and MT5 that have served many clients worldwide, also BDSWISS's own platforms - BDSwiss Mobile APP, BDSwiss WebTrader. If you didn't want to spend time familiarizing yourself with a new platform, you could choose MT5 and MT4. But BDSWISS's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

MT4 and MT5
Mobile App

Overall, BDSWISS' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platform
BDSWISS MetaTrader 4, MetaTrader 5, BDSWISS WebTrader, BDSWISS Mobile App
FxPro MetaTrader 4, MetaTrader 5, FxPro cTrader, FxPro Edge
Trade Nation Proprietary Trading Platform
Go Markets MetaTrader 4, MetaTrader 5, Go Trader, WebTrader

Note: It's worth mentioning that brokers may offer additional trading platforms or withdraw some trading platforms over time.

Trading Tools

BDSWISS provides a range of trading tools to help its clients in their trading activities.

The economic calendar allows traders to keep track of important upcoming events that can affect the markets.

The VPS service provides fast and reliable connection to BDSWISS servers for traders who use automated trading strategies.

The Trade Companion is a trading assistant that provides users with insights and trading signals.

The Trends Analysis tool helps traders to identify trends and make better trading decisions.

Trading Central provides technical analysis and market insights.

The Autochartist tool analyzes charts and helps traders to identify trading opportunities.

Trading Alerts notify users of important market events.

The Currency Heatmap tool allows traders to see the relative strength of different currencies.

Finally, the Trading Calculators help traders to manage their risk and calculate their potential profits and losses.

Deposits & Withdrawals

BDSWISS offers a wide range of deposit and withdrawal options, including Visa, MasterCard, Skrill, Neteller, Bank Wire, Pay Retailers, cryptocurrencies, AstroPay, Globepay, MPESA, airtel tiGo, korapay, and more.


The broker does not charge any fees for deposits or withdrawals via credit card, while for bank wire withdrawals equal to or less than €100, BDSwiss will charge a €10 flat fee.

BDSWISS minimum deposit vs other brokers

BDSWISS Most other
Minimum Deposit $10 $100

Most deposits are processed instantly. For withdrawals, BDSWISS strives to process most requests within 24 hours, although the processing time may vary depending on the payment method used and the verification requirements. Overall, BDSWISS offers convenient and cost-effective deposit and withdrawal options for its clients.


BDSWISS Money Withdrawal

To withdraw funds from BDSWISS, you need to follow these steps:

Step 1: Log in to your BDSWISS account

Step 2: Click on the “Withdrawal” option in the main menu.

Step 3: Select your preferred withdrawal method from the available options.

Step 4: Enter the amount you want to withdraw and provide any additional information requested.

Step 5: Click on the “Submit” button to process the withdrawal request.


BDSWISS charges overnight fees on all positions that are held open overnight, and the rates depend on the instrument being traded. The broker also charges a currency conversion fee for deposits made in a currency different from the account currency. Moreover, if no trading activity occurs for over 90 days, a monthly fee of $30 will be deducted from your account balance, until the account balance is 0. This charges covers the maintenance/administration expenses of such inactive accounts. It is important for traders to keep these fees in mind when planning their trading activities, as they can impact the overall profitability of their trades.


See the fee comparison table below:

Broker Deposit Fee Withdrawal Fee Inactivity Fee
BDSWISS None None Yes, after 90 days
FxPro None None None
Trade Nation None None None
Go Markets None None Yes, after 6 months

Customer Service

    Below are the details about the customer service.

    • Languages: English, polish, German, Italian, French, Arabic, Thai, Filipino, Chinese, Indonesian, Portuguese, Romanian, Russian, Turkish, Danish, Norwegian, Korean, Czech, Malay, Vietnamese, etcetera.

    • Service Hours: 24/5 multilingual live chat

    • Phone Number: +44 2036705890

    • Email:

    • Social media: Facebook, Instagram, LinkedIn, YouTube, Twitter, Telegram

    • Address: Suite 3, Global Village, Jivans Complex, Mont Fleuri, Mahe, Seychelles.

    • Help/Support Centre are also available.

Help/Support Centre
online messaging
socil medias
Pros Cons
• 24/5 Multilingual customer support available • No 24/7 customer support
• Live chat, phone, and email support
• Personal account manager for VIP accounts
• Help/Support Centre available on the website

Note: These pros and cons are based on our research and analysis of BDSWISS' customer service. Your personal experience may vary.

Overall, BDSWISS' customer service is considered reliable and responsive, with various options available for traders to seek assistance.


BDSWISS provides a range of educational resources to assist traders in improving their trading knowledge and skills. They offer a variety of educational materials, including Forex eBooks, LIVE Education, Forex Basic Lessons, Forex Glossary, Educational Videos, and Seminars.

Their Forex eBooks cover various topics, such as trading psychology, technical analysis, and risk management, to help traders develop a well-rounded understanding of the Forex market.

They also provide live education through webinars, which are hosted by industry experts, and interactive training sessions.

The Forex Basic Lessons are designed to help beginner traders learn the basics of Forex trading.

Additionally, they offer educational videos that cover different aspects of trading, and traders can attend in-person seminars held in different locations globally.


User Exposure on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX


All in all, BDSWISS offers a diverse range of trading instruments with competitive spreads and commissions on different account types. The broker provides a variety of deposit and withdrawal options with no fees charged, and fast processing times. BDSWISS also offers various educational resources and trading tools to enhance clients trading experience. However, is offshore regulated by Seychelles Financial Services Authority (FSA) and there are some negative reviews from their clients saying that they have met severe slippage and unable to withdraw. Every trader should be cautious before trading or investing with a broker.

Frequently Asked Questions (FAQs)

Q 1: Is BDSWISS regulated?
A 1: No. The Seychelles Financial Services Authority (FSA) license BDSWISS holds is offshore.
Q 2: Does BDSWISS offer demo accounts?
A 2: Yes.
Q 3: Does BDSWISS offer the industry-standard MT4 & MT5?
A 3: Yes. It supports MT4, MT5, BDSwiss Mobile APP, and BDSwiss WebTrader.
Q 4: What is the minimum deposit for BDSWISS?
A 4: The minimum initial deposit to open an account is only $10.
Q 5: Is BDSWISS a good broker for beginners?
A 5: Yes. It is a good choice for beginners because it offers demo MT4 and MT5 accounts that allow traders to practice trading without risking any real money, and it also offers rich educational resources. However, their FSA license seems to be offshore, take care!

Are the transaction costs and expenses of charter, bdswiss lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive charter and bdswiss are, we first considered common fees for standard accounts. On charter, the average spread for the EUR/USD currency pair is -- pips, while on bdswiss the spread is From 1.5.

Which broker between charter, bdswiss is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

charter is regulated by ASIC,FSPR. bdswiss is regulated by CYSEC,FSA,NFA.

Which broker between charter, bdswiss provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

charter provides trading platform including Swap interest fee-free account,ECN account,Floating spread account and trading variety including --. bdswiss provides trading platform including Classic,Cent,Premium,Raw,VIP and trading variety including Forex CFDs, Stocks CFDs, Indices CFDs, Commodities CFDs, Cryptocurrencies CFDs.

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