Core Spreads
ForexVox
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Overview
Core Spreads was founded in 2014 and is headquartered in London, while ForexVox was established in 2019 and is based in UK. Core Spreads holds licences including Financial Conduct Authority (FCA), while ForexVox is regulated by Financial Conduct Authority (FCA) in the United Kingdom among others. Core Spreads serves 10,000+ clients worldwide; ForexVox has 10,000+. The minimum deposit is $1 at Core Spreads and $0 at ForexVox.
| Feature | Core Spreads | ForexVox |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 |
| Founded | 2014 | 2019 |
| Country | London | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and ForexVox, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Core Spreads). ForexVox charges withdrawal fees while Core Spreads does not, giving Core Spreads an edge for frequent withdrawers. Core Spreads charges deposit fees; ForexVox does not. The two brokers are broadly comparable on fee structure.
| Feature | Core Spreads | ForexVox |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Core Spreads offers MT4, MT5, cTrader, while ForexVox supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. ForexVox 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 | ForexVox |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Core Spreads and ForexVox compare. ForexVox runs regular live webinars; Core Spreads does not. Both provide video tutorials. ForexVox publishes daily market commentary; Core Spreads does not. Core Spreads integrates third-party research tools (Autochartist); ForexVox does not. ForexVox scores higher overall in education and research.
| Feature | Core Spreads | ForexVox |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| 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 ForexVox supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ForexVox uniquely supports PayPal and Skrill and Neteller among the two brokers. ForexVox scores higher on deposit and withdrawal flexibility.
| Feature | Core Spreads | ForexVox |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 ForexVox offer live chat support. Both provide phone support. Email support is available at both brokers. Core Spreads supports 2 languages and ForexVox supports 4, giving ForexVox broader global reach. Both brokers are comparable on support quality.
| Feature | Core Spreads | ForexVox |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Indonesian, Malaysian |