B

DIF Broker

6.4/10

SpreadCo

6.1/10
7/10RegulationTied7/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

DIF Broker was founded in 1996 and is headquartered in Portugal, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. DIF Broker serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $500 at DIF Broker and $100 at SpreadCo.

DIF Broker wins this category
FeatureDIF BrokerSpreadCo
Min. Deposit$500$100
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA)
Founded19962005
CountryPortugalLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between DIF Broker and SpreadCo, directly affecting your bottom line as a trader. SpreadCo has a lower barrier to entry with a minimum deposit of $100 (vs $500 at DIF Broker). Both brokers charge withdrawal fees. DIF Broker charges deposit fees; SpreadCo does not. Overall, SpreadCo scores higher on fees in our assessment.

SpreadCo wins this category
FeatureDIF BrokerSpreadCo
Min. Deposit$500$100
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

DIF Broker offers MT4, MT5, cTrader, while SpreadCo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureDIF BrokerSpreadCo
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 DIF Broker and SpreadCo compare. DIF Broker runs regular live webinars; SpreadCo does not. Both provide video tutorials. DIF Broker publishes daily market commentary; SpreadCo does not. Both integrate third-party research tools. DIF Broker maintains an archive of past webinars for on-demand viewing. DIF Broker scores higher overall in education and research.

DIF Broker wins this category
FeatureDIF BrokerSpreadCo
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. DIF Broker 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
FeatureDIF BrokerSpreadCo
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 DIF Broker 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
FeatureDIF BrokerSpreadCo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese