Wikilix
CHARLESTON logo

CHARLESTON

Regulated
Mauritius
,
Since 2022
Last Updated:

Trading Conditions

Min Deposit:
USD100
Max Leverage:
1000
Account Types
Standard

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

5 methods

Bank Transfer

bank transfer
5 days
Fee:
Free
Fee:
Free

Credit/Debit Card

credit card
Instant
Fee:
Free
Fee:
Free

E-Wallets (e.g., PayPal, Skrill, Neteller)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (e.g., Bitcoin, Ethereum, Tether)

crypto
Instant
Fee:
Free
Fee:
Free

Local Payment Options (e.g., 1-2 Pay, 5Pay, AwePay)

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 17%, 2: License 37%, 3: Software 51%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
17%Poor
License
37%Poor
Software
51%Fair
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:CHARLESTON
Founded:2022
Headquarters:Mauritius
Enterprise Offices:1offices

Customer Support

Phone:
+230 463 4400
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about CHARLESTON: its history, the licences it holds, its trading conditions and its fees.

Overview - An Overview of Trading with CHARLESTON

CHARLESTON has a broad view of where it fits into the market by positioning itself as a broker and service provider for sellers. However, there is still limited availability of public information about CHARLESTON, which makes it difficult for traders to fully understand if it is a good fit for their trading model. Therefore, this overview will allow traders to gain a better understanding of CHARLESTON, including` its main products, regulatory status, trading conditions, cost structure, as well as the overall experience users have had when using the broker.

Background Information

There is not a lot of verified information available about CHARLESTON, including when it was founded, who runs the company or how large of a company it is. Thus, to date there is no way to tell whether or not CHARLESTON is an established company or just intentionally maintains a low public profile. Regardless, there are indications that it is trying to reach out to customers trading in a variety of asset classes.

Key Features and Products of CHARLESTON

At this time, specifics about the products offered by CHARLESTON are not advertised. However, brokers in this segment typically provide:

Forex

Commodities

Indices

Potentially Crypto Currency

As well as a platform, tools to help traders learn, and customer support. Therefore, every trader who is interested should contact CHARLESTON directly to determine whether they will be receiving the aforementioned benefits in their accounts with CHARLESTON.

CHARLESTON's Regulation

Traders need to understand the regulations in order to ensure that they have protection from the broker. Thus far, there is not enough clarity on the exact status of CHARLESTON's regulatory compliance. However, based on the information available it seems that the company is regulated by offshore regulator (i.e. Mauritius).

Regulator # License Number Status

FSC (Mauritius) GB21100290 Regulation (offshore)

Potential traders need to verify the validity of this license directly with the licensing body before opening an account.

Trading Conditions | Trade Execution Platforms available

These trading conditions such as spreads, leverage and minimum deposit impact a trader's overall costs and risks. At the present time there are limited publicly available data to determine the following trading conditions for CHARLESTON:

Trading Conditions Details

Spreads Variable

Leverage 1:1000

Minimum Deposit 100 USD

Trading Platforms Meta Trader 4 & 5

Because not all trading conditions are available to the public, the traders should contact CHARLESTON to find out what other trading conditions are available.

Fee Structure

Knowing what a trader pays to trade is very important for any trader as it affects their overall costs. The fees that have been published regarding CHARLESTON are:

Fee Type Details

Deposit Fees No Fee

Withdrawal Fees No Fee

Commission Zero Commission

As with all of the other areas regarding CHARLESTON, It is important for traders to confirm the presence of hidden fees or conditions directly with CHARLESTON prior to beginning their trading relationship.

Experience of CHARLESTON Users and Reputation

At this time there are few verified user experiences of CHARLESTON available for traders to evaluate. Therefore, the lack of reliable user feedback or performance data makes it almost impossible for skilled traders to evaluate:

Platform Reliability

Execution Quality

Quality of Customer Support

By contacting CHARLESTON and requesting a demo account, you may get an opportunity to judge the reliability of the provider.

Recent events

At the present time there have not been any updates or announcements on CHARLESTON. Traders should monitor their official channels as it provides them the ability to get future updates on CHARLESTON.

In conclusion

CHARLESTON appears to be a trading broker, but at this time, there is limited documentation available on its activities. Even though it may provide competitive levels of leverage, zero commission trading and access to popular trading platforms, the lack of transparency associated with the broker's regulatory status, fee structure and user reputation makes it very important for prospective traders to do their due diligence.

Potential traders who want to trade with CHARLESTON should:

Confirm the regulatory status

Request full trading condition details

Test out the services through a demo account

Do not deposit capital until all your questions have been answered

Transparency and regulatory compliance are critical in protecting traders; therefore, you will want to make sure that you do your due diligence to ensure that your funds and trading are safe.

Regulation check

Regulatory Licenses

Every licence CHARLESTON has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
1

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Services Commission GB21100290

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
MauritiusOffshore
Authority strength
Tier 3
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000

These are the rules FSC sets for the firms it licenses. They are not a statement about how CHARLESTON applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

One account type on record. Minimum deposit from USD 100. Leverage up to 1:1000.

1 account type
AccountMin DepositLeverageCommission
StandardUSD 1001:1000Zero commission
Account names and conditions as published by CHARLESTON, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

5 ways to fund an account. 5 with no deposit fee. 4 credit instantly.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer
Deposits must be made from the account holder's name; third-party deposits are not accepted. Available in regions where bank transfers are supported.
FreeFreeUSD 100USD 100USD 15,0005 days
Credit/Debit CardCredit Card
Deposits must be made from the cardholder's name; third-party deposits are not accepted. Available in regions where credit and debit card payments are supported.
FreeFreeUSD 100USD 100USD 15,000Instant
E-Wallets (e.g., PayPal, Skrill, Neteller)E-Wallet
Deposits must be made from the e-wallet account holder's name; third-party deposits are not accepted. Available in regions where e-wallet services are supported.
FreeFreeUSD 100USD 100USD 15,000Instant
Cryptocurrency (e.g., Bitcoin, Ethereum, Tether)Cryptocurrency
Deposits must be made from the cryptocurrency wallet holder's name; third-party deposits are not accepted. Available in regions where cryptocurrency transactions are permitted.
FreeFreeUSD 100USD 100USD 15,000Instant
Local Payment Options (e.g., 1-2 Pay, 5Pay, AwePay)Other
Deposits must be made from the account holder's name; third-party deposits are not accepted. Available in specific regions where these local payment options are supported.
FreeFreeUSD 100USD 100USD 15,000Instant
Fees, limits and processing times as published by CHARLESTON, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 4 and MetaTrader 5.

2 platforms
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.charlestonmarkets.comMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Legal entities

Corporate Network

One legal entity behind the CHARLESTON brand.

1 entity
  • CHARLESTON INVESTMENTS LTDActiveMauritiusRegistration C52228Established Jun 13, 2022
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about CHARLESTON

Most Popular Questions
According to WIKILIX data, CHARLESTON offers a maximum leverage of 1000. This high leverage level applies to the trading accounts available through the broker.
The minimum deposit amount to open an account with CHARLESTON is 100 USD. This applies to all supported deposit methods including bank transfers, cards, e-wallets, cryptocurrency, and local payment options.
CHARLESTON supports deposits and withdrawals via bank transfer, credit/debit cards, e-wallets, cryptocurrency, and local payment options. Processing times vary from instant to several days, and all methods require transactions to be made from the account holder's name without third-party payments.
CHARLESTON offers MetaTrader 4 and MetaTrader 5 platforms. Both platforms support multiple devices including web, iOS, Android, Mac, and Windows, providing access to Forex and CFD trading with advanced charting and algorithmic tools.
CHARLESTON is regulated by the Financial Services Commission (FSC) in Mauritius, which is an offshore regulator. It holds a Financial Service license and operates under medium transparency standards. The broker is subject to regulatory oversight but does not provide client fund insurance.
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