Charterprime Review
Charterprime in a nutshell
Charterprime presents as a retail forex broker with a New Zealand registration and a claimed ASIC licence, but the licence status is unconfirmed. The high leverage and limited public information warrant caution. Our risk score of 44/100 reflects a guarded outlook, and independent verification is strongly advised.
FXCanary rates Charterprime at 44/100 scam risk (Moderate risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Traders seeking swap-free accounts
- Traders comfortable with high leverage up to 1:500
- Users looking for low minimum deposit ($100)
Cons
- Regulation-sensitive traders who require clear, active oversight
- Those needing a wide range of tradable instruments
- Beginners who may not fully understand the risks of high leverage
Regulation & licenses
Every licence on file for Charterprime , as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| ASIC | Market Making (MM) | 421210 | — | Australia |
Account types & conditions
Account tiers and trading conditions on record for Charterprime .
| Account | Min. deposit | Max. leverage | Min. spread | Commission |
|---|---|---|---|---|
| Swap interest fee-free account | $100 | 1:500 | -- | $40 per lot |
| ECN account | $100 | 1:500 | From 0.0 pips | $8 per lot |
| Floating spread account | $100 | 1:500 | -- | -- |
Charterprime is a forex and CFD broker based in New Zealand, with records dating to 2017-09-07. It reports oversight from ASIC.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, Charterprime holds a real-user score of 3.7/5 across 3 reviews. Withdrawal problems appear 14 times — always test a small withdrawal first.
Finally, beware of impersonation: we tracked 2 clone website(s) copying Charterprime . Always reach the broker through its verified official domain, never via links in ads or messages.
What real traders report
Aggregated from 3 independent reviews across Trustpilot and Forex Peace Army.
- Customer support · 2 mentions
- Platform & app · 2 mentions
- Speed · 1 mentions
- Order execution · 1 mentions
- Trust & reliability · 1 mentions
- Withdrawals · 11 mentions
- Platform & app · 11 mentions
- Scam concerns · 8 mentions
- Deposits & funding · 7 mentions
- Profit / payouts · 7 mentions
Scam-risk findings
- 16 user exposure/complaint reports filed
- Withdrawal complaints in ~56% of recent reviews
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.