Caveo
SpreadCo
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Overview
Caveo was founded in 2016 and is headquartered in variable, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Caveo serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $0 at Caveo and $100 at SpreadCo.
| Feature | Caveo | SpreadCo |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
| Founded | 2016 | 2005 |
| Country | variable | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Caveo and SpreadCo, directly affecting your bottom line as a trader. Caveo has a lower barrier to entry with a minimum deposit of $0 (vs $100 at SpreadCo). SpreadCo charges withdrawal fees while Caveo does not, giving Caveo an edge for frequent withdrawers. Caveo charges deposit fees; SpreadCo does not. Overall, Caveo scores higher on fees in our assessment.
| Feature | Caveo | SpreadCo |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Caveo 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 Caveo does not offer. The two brokers are closely matched on platform offering.
| Feature | Caveo | SpreadCo |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Caveo and SpreadCo compare. Caveo runs regular live webinars; SpreadCo does not. Both provide video tutorials. Caveo publishes daily market commentary; SpreadCo does not. Both integrate third-party research tools. Caveo maintains an archive of past webinars for on-demand viewing. Caveo scores higher overall in education and research.
| Feature | Caveo | SpreadCo |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Caveo 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.
| Feature | Caveo | SpreadCo |
|---|---|---|
| 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 Caveo 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.
| Feature | Caveo | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |