B

BOQ Trading

7.7/10
Core Spreads logo

Core Spreads

7.7/10
9/10WinnerRegulation8/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

BOQ Trading was founded in 2014 and is headquartered in United States, while Core Spreads was established in 2014 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. BOQ Trading serves 10,000+ clients worldwide; Core Spreads has 10,000+. The minimum deposit is $200 at BOQ Trading and $1 at Core Spreads.

Tied
FeatureBOQ TradingCore Spreads
Min. Deposit$200$1
RegulationFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)
Founded20142014
CountryUnited StatesLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between BOQ Trading 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 BOQ Trading). Neither broker charges withdrawal fees. BOQ Trading charges deposit fees; Core Spreads does not. Overall, Core Spreads scores higher on fees in our assessment.

Core Spreads wins this category
FeatureBOQ TradingCore Spreads
Min. Deposit$200$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

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

Tied
FeatureBOQ TradingCore Spreads
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,Mac,iPhoneMT4, Web Trader, Tablet & Mobile apps

Education & Research

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

BOQ Trading wins this category
FeatureBOQ TradingCore Spreads
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. BOQ Trading 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.

Tied
FeatureBOQ TradingCore Spreads
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 BOQ Trading 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.

Tied
FeatureBOQ TradingCore Spreads
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese