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Baker Young Stockbrokers logo

Baker Young Stockbrokers

5.2/10

SpreadCo

6.1/10
3/10RegulationWinner7/10
4/10FeesTied4/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while SpreadCo was established in 2005 and is based in London. Baker Young Stockbrokers holds licences including Unregulated, while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $200 at Baker Young Stockbrokers and $100 at SpreadCo.

SpreadCo wins this category
FeatureBaker Young StockbrokersSpreadCo
Min. Deposit$200$100
RegulationUnregulatedFinancial Conduct Authority (FCA)
Founded20172005
CountryAustraliaLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Baker Young Stockbrokers and SpreadCo, directly affecting your bottom line as a trader. SpreadCo has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Baker Young Stockbrokers). Both brokers charge withdrawal fees. Baker Young Stockbrokers charges deposit fees; SpreadCo does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureBaker Young StockbrokersSpreadCo
Min. Deposit$200$100
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Baker Young Stockbrokers offers MT4, MT5, cTrader, while SpreadCo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureBaker Young StockbrokersSpreadCo
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPhone/iPad,iOS,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 SpreadCo compare. SpreadCo has a video library; Baker Young Stockbrokers does not. SpreadCo integrates third-party research tools (Autochartist); Baker Young Stockbrokers does not. SpreadCo scores higher overall in education and research.

SpreadCo wins this category
FeatureBaker Young StockbrokersSpreadCo
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

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 SpreadCo supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBaker Young StockbrokersSpreadCo
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 SpreadCo 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.

Tied
FeatureBaker Young StockbrokersSpreadCo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese