Core Spreads
Ducascopy Bank
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Overview
Core Spreads was founded in 2014 and is headquartered in London, while Ducascopy Bank was established in 1998 and is based in Switzerland. Core Spreads holds licences including Financial Conduct Authority (FCA), while Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA) among others. Core Spreads serves 10,000+ clients worldwide; Ducascopy Bank has 10,000+. The minimum deposit is $1 at Core Spreads and $5000 at Ducascopy Bank.
| Feature | Core Spreads | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $1 | $5000 |
| Regulation | Financial Conduct Authority (FCA) | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) |
| Founded | 2014 | 1998 |
| Country | London | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and Ducascopy Bank, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $5000 at Ducascopy Bank). Ducascopy Bank charges withdrawal fees while Core Spreads does not, giving Core Spreads an edge for frequent withdrawers. Core Spreads charges deposit fees; Ducascopy Bank does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Core Spreads | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $1 | $5000 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Core Spreads offers MT4, MT5, cTrader, while Ducascopy Bank supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ducascopy Bank supports social and copy trading features, which Core Spreads does not offer. Core Spreads edges ahead on platform breadth and functionality in our scoring.
| Feature | Core Spreads | Ducascopy Bank |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | JForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Core Spreads and Ducascopy Bank compare. Ducascopy Bank runs regular live webinars; Core Spreads does not. Both provide video tutorials. Ducascopy Bank publishes daily market commentary; Core Spreads does not. Both integrate third-party research tools. Ducascopy Bank maintains an archive of past webinars for on-demand viewing. Ducascopy Bank scores higher overall in education and research.
| Feature | Core Spreads | Ducascopy Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Core Spreads accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ducascopy Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Core Spreads | Ducascopy Bank |
|---|---|---|
| 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 Core Spreads and Ducascopy Bank 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 | Core Spreads | Ducascopy Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |