Baker Young Stockbrokers
Core Spreads
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Overview
Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while Core Spreads was established in 2014 and is based in London. Baker Young Stockbrokers holds licences including Unregulated, while Core Spreads is regulated by Financial Conduct Authority (FCA) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; Core Spreads has 10,000+. The minimum deposit is $200 at Baker Young Stockbrokers and $1 at Core Spreads.
| Feature | Baker Young Stockbrokers | Core Spreads |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2017 | 2014 |
| Country | Australia | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Baker Young Stockbrokers and Core Spreads, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Baker Young Stockbrokers). Baker Young Stockbrokers charges withdrawal fees while Core Spreads does not, a notable advantage for frequent withdrawers. Baker Young Stockbrokers charges deposit fees; Core Spreads does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Baker Young Stockbrokers | Core Spreads |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Baker Young Stockbrokers offers MT4, MT5, cTrader, while Core Spreads supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Baker Young Stockbrokers supports social and copy trading features, which Core Spreads does not offer. The two brokers are closely matched on platform offering.
| Feature | Baker Young Stockbrokers | Core Spreads |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS, | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Baker Young Stockbrokers and Core Spreads compare. Core Spreads has a video library; Baker Young Stockbrokers does not. Core Spreads integrates third-party research tools (Autochartist); Baker Young Stockbrokers does not. Core Spreads scores higher overall in education and research.
| Feature | Baker Young Stockbrokers | Core Spreads |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Baker Young Stockbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Core Spreads supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Baker Young Stockbrokers | Core Spreads |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Baker Young Stockbrokers and Core Spreads offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Baker Young Stockbrokers | Core Spreads |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |