Charterprime Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Charterprime trading signals. You will learn what kinds of trading signals Charterprime offers and what the conditions for using them are.

Short introduction of Charterprime

Charterprime is a secure and trustworthy provider of financial services in the Forex, commodities, and index futures markets. Charterprime is an award-winning brokerage. Charterprime is widely known for its top-level services and innovative solutions offered to every customer. Charterprime conducts business in a number of key regions and regulatory areas, including the ASIC (AFSL #421210) and the New Zealand FSP (reg no. 348606). Therefore, here at Charterprime one can operate with confidence and be sure of the legitimacy of the financial services provided.

💰 Account currency: USD
🚀 Minimum deposit: 100 USD
⚖️ Leverage: 1:500
💱 Spread: from 0,0 p
🔧 Instruments: Forex, Commodities, Precious Metals, Index CFDs
💹 Margin Call / Stop Out: No

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that Charterprime does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

FAQs

Are there fees charged for trading signals?

Yes. As a rule, the fee is charged as a markup to the spread, or it could be a subscription fee, or a percentage of the profit, etc.

Can I subscribe to several signal providers?

As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.

Do I need to test trading signals before subscribing to them?

Most definitely yes. Make sure that the signals do work and are effective.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.