B

Blackwell Global

6.6/10

SpreadCo

6.1/10
8/10WinnerRegulation7/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Blackwell Global was founded in 2010 and is headquartered in Cyprus, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Blackwell Global serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $500 at Blackwell Global and $100 at SpreadCo.

Blackwell Global wins this category
FeatureBlackwell GlobalSpreadCo
Min. Deposit$500$100
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA)
Founded20102005
CountryCyprusLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackwell Global and SpreadCo, directly affecting your bottom line as a trader. SpreadCo has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Blackwell Global). SpreadCo charges withdrawal fees while Blackwell Global does not, giving Blackwell Global an edge for frequent withdrawers. Blackwell Global charges deposit fees; SpreadCo does not. Overall, SpreadCo scores higher on fees in our assessment.

SpreadCo wins this category
FeatureBlackwell GlobalSpreadCo
Min. Deposit$500$100
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Blackwell Global offers MT4, MT5, cTrader, while SpreadCo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. SpreadCo supports social and copy trading features, which Blackwell Global does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBlackwell GlobalSpreadCo
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsWeb Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Blackwell Global and SpreadCo compare. Blackwell Global runs regular live webinars; SpreadCo does not. Both provide video tutorials. Blackwell Global publishes daily market commentary; SpreadCo does not. Both integrate third-party research tools. Blackwell Global maintains an archive of past webinars for on-demand viewing. Blackwell Global scores higher overall in education and research.

Blackwell Global wins this category
FeatureBlackwell GlobalSpreadCo
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blackwell Global 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
FeatureBlackwell GlobalSpreadCo
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 Blackwell Global 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
FeatureBlackwell GlobalSpreadCo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese