CFI Markets
Core Spreads
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Overview
CFI Markets was founded in 2012 and is headquartered in Cyprus, while Core Spreads was established in 2014 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CFI Markets serves 10,000+ clients worldwide; Core Spreads has 10,000+. The minimum deposit is $100 at CFI Markets and $1 at Core Spreads.
| Feature | CFI Markets | Core Spreads |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | Financial Conduct Authority (FCA) |
| Founded | 2012 | 2014 |
| Country | Cyprus | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CFI Markets 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 $100 at CFI Markets). CFI Markets charges withdrawal fees while Core Spreads does not, a notable advantage for frequent withdrawers. CFI Markets applies inactivity fees on dormant accounts; Core Spreads does not. CFI Markets charges deposit fees; Core Spreads does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | CFI Markets | Core Spreads |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
CFI Markets offers MT4, MT5, cTrader, while Core Spreads supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CFI Markets supports social and copy trading features, which Core Spreads does not offer. The two brokers are closely matched on platform offering.
| Feature | CFI Markets | 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 | MT4, Mac, Tablet & Mobile apps | 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 CFI Markets and Core Spreads compare. CFI Markets runs regular live webinars; Core Spreads does not. Both provide video tutorials. CFI Markets publishes daily market commentary; Core Spreads does not. Both integrate third-party research tools. CFI Markets maintains an archive of past webinars for on-demand viewing. CFI Markets scores higher overall in education and research.
| Feature | CFI Markets | Core Spreads |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CFI Markets 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 | CFI Markets | 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 CFI Markets 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 | CFI Markets | Core Spreads |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |