B
Chase Bank logo

Chase Bank

7.6/10

SpreadCo

6.1/10
7/10RegulationTied7/10
8/10WinnerFees4/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Chase Bank was founded in 1975 and is headquartered in United States, while SpreadCo was established in 2005 and is based in London. Chase Bank holds licences including Australian Securities and Investment Commission (ASIC), while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. Chase Bank serves 10,000+ clients worldwide; SpreadCo has 10,000+. Both brokers share the same minimum deposit of $100.

Chase Bank wins this category
FeatureChase BankSpreadCo
Min. Deposit$100$100
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)
Founded19752005
CountryUnited StatesLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Chase Bank and SpreadCo, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. SpreadCo charges withdrawal fees while Chase Bank does not, giving Chase Bank an edge for frequent withdrawers. SpreadCo charges deposit fees; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.

Chase Bank wins this category
FeatureChase BankSpreadCo
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Chase Bank 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 Chase Bank does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureChase BankSpreadCo
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacWeb Trader, Tablet & Mobile apps

Education & Research

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

Chase Bank wins this category
FeatureChase BankSpreadCo
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. Chase Bank 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
FeatureChase BankSpreadCo
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 Chase Bank 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
FeatureChase BankSpreadCo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese