Core Spreads
traders way
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Overview
Core Spreads was founded in 2014 and is headquartered in London, while traders way was established in 2012 and is based in Grenadines. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Core Spreads serves 10,000+ clients worldwide; traders way has 10,000+. The minimum deposit is $1 at Core Spreads and $250 at traders way.
| Feature | Core Spreads | traders way |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F327 |
| Founded | 2014 | 2012 |
| Country | London | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and traders way, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $250 at traders way). traders way charges withdrawal fees while Core Spreads does not, giving Core Spreads an edge for frequent withdrawers. Core Spreads charges deposit fees; traders way does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Core Spreads | traders way |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
Core Spreads offers MT4, MT5, cTrader, while traders way supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. traders way supports social and copy trading features, which Core Spreads does not offer. The two brokers are closely matched on platform offering.
| Feature | Core Spreads | traders way |
|---|---|---|
| MT4 | Yes | Yes |
| 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 traders way compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Core Spreads | traders way |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
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 traders way supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). traders way uniquely supports PayPal and Skrill and Neteller among the two brokers. traders way scores higher on deposit and withdrawal flexibility.
| Feature | Core Spreads | traders way |
|---|---|---|
| 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 traders way offer live chat support. Both provide phone support. Email support is available at both brokers. Core Spreads supports 2 languages and traders way supports 8, giving traders way broader global reach. Both brokers are comparable on support quality.
| Feature | Core Spreads | traders way |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |