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Core Spreads logo

Core Spreads

7.7/10

ETFinance

6/10
8/10WinnerRegulation5/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Core Spreads was founded in 2014 and is headquartered in London, while ETFinance was established in 2018 and is based in Cyprus. Core Spreads holds licences including Financial Conduct Authority (FCA), while ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Core Spreads serves 10,000+ clients worldwide; ETFinance has 10,000+. The minimum deposit is $1 at Core Spreads and $215 at ETFinance.

Core Spreads wins this category
FeatureCore SpreadsETFinance
Min. Deposit$1$215
RegulationFinancial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)
Founded20142018
CountryLondonCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Core Spreads and ETFinance, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $215 at ETFinance). Neither broker charges withdrawal fees. Core Spreads charges deposit fees; ETFinance does not. Overall, Core Spreads scores higher on fees in our assessment.

Core Spreads wins this category
FeatureCore SpreadsETFinance
Min. Deposit$1$215
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Core Spreads offers MT4, MT5, cTrader, while ETFinance supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureCore SpreadsETFinance
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMT4,iOS,MacBook,iPhone

Education & Research

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

ETFinance wins this category
FeatureCore SpreadsETFinance
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

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 ETFinance supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCore SpreadsETFinance
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 Core Spreads and ETFinance 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
FeatureCore SpreadsETFinance
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese