What is Chart Prime?
Chart Prime is a forex broker that offers online trading in currency pairs, metals, and CFDs. The company is headquartered in London, United Kingdom and is regulated by the Financial Conduct Authority (FCA). Chart Prime offers three account types: Standard, Pro, and VIP. Standard accounts require a minimum deposit of $250 and offer leverage up to 1:200. Pro accounts require a minimum deposit of $2,500 and offer leverage up to 1:400. VIP accounts require a minimum deposit of $50,000 and offer leverage up to 1:500.
Chart Prime offers the MetaTrader 4 (MT4) trading platform for desktop, web-based, and mobile devices. The MT4 platform is widely used by traders around the world and offers a variety of features, including advanced charting tools, a robust order management system, and support for automated trading strategies (Expert Advisors).
Chart Prime’s Islamic account is available to Muslim clients who wish to trade in compliance with Shariah law. This account type requires no minimum deposit and offers leverage up to 1:200. Swap-free accounts are also available upon request.
Chart Prime provides customer support 24/5 via live chat, email, or telephone. The broker’s website is available in English, Spanish, French, German, Italian, Russian, Polish, Arabic, Chinese (Simplified), Indonesian, Vietnamese, Thai
In addition to the above mentioned
Is Chart Prime a Legit or Scam Forex Broker?
When it comes to forex brokers, there are a lot of them out there. But not all of them are created equal. Some are legit, while others are nothing more than scams. So, which one is Chart Prime? Is it a legit forex broker or a scam?
To answer that question, we need to take a look at what Chart Prime has to offer. First of all, they are a STP (straight through processing) broker. That means they don’t take the other side of your trade. They simply match you with the best possible price from their liquidity providers.
They also offer very low spreads starting at 0.0 pips on major currency pairs like EUR/USD and GBP/USD. And they don’t charge any commissions either. So, from a fee perspective, they are very competitive.
Another thing to like about Chart Prime is that they use the MetaTrader 4 trading platform. This is the most popular platform in the forex world and it’s known for being user-friendly and reliable.
So far, everything sounds good about Chart Prime. But there is one potential downside worth mentioning…they are not regulated by any major financial authority such as the FCA (UK), CySEC (Cyprus), or ASIC (Australia). That doesn’t mean they are a scam though. There are plenty of reputable brokers who are not regulated by these authorities.
So, overall, we would say that Chart
What Type of Accounts Does Chart Prime Offer?
Chart Prime offers three different types of accounts for its traders: a Micro account, a Standard account, and a VIP account. The Micro account requires a minimum deposit of $250 and gives the trader access to leverage of up to 1:500 and a maximum trade size of 0.01 lots. The Standard account requires a minimum deposit of $2,000 and gives the trader access to leverage of up to 1:200 and a maximum trade size of 0.1 lots. The VIP account requires a minimum deposit of $20,000 and gives the trader access to leverage of up to 1:100 and a maximum trade size of 1 lot.
What are the Pros and Cons of Chart Prime?
Chart Prime is a Forex broker that is headquartered in the Marshall Islands. It offers its clients the MetaTrader 4 and MetaTrader 5 trading platforms. Chart Prime has been in operation since 2013 and is regulated by the Marshall Islands Financial Services Authority (FSA).
The main advantages of using Chart Prime as your Forex broker are:
-Access to the MetaTrader 4 and MetaTrader 5 trading platforms
-Regulation by a reputable financial regulator (the Marshall Islands FSA)
-A wide range of currency pairs and other financial instruments to trade
-Competitive spreads and leverage options
The main disadvantages of using Chart Prime as your Forex broker are:
-It is not available to residents of the United States or Canada
-There have been some complaints about delayed withdrawal processing times
Conclusion
Chart Prime is a forex broker that has been around for a few years. They are based in the Marshall Islands and offer their services to clients from all over the world. While they do have some good features, such as being regulated by the IFMRRC and offering a variety of account types, there have been some complaints about their customer service and withdrawal process. Overall, Chart Prime seems like a decent broker, but there are better options out there.