ETFinance
SpreadCo
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Overview
ETFinance was founded in 2018 and is headquartered in Cyprus, while SpreadCo was established in 2005 and is based in London. ETFinance holds licences including Cyprus Securities and Exchange Commission (CySEC), while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. ETFinance serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $215 at ETFinance and $100 at SpreadCo.
| Feature | ETFinance | SpreadCo |
|---|---|---|
| Min. Deposit | $215 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Founded | 2018 | 2005 |
| Country | Cyprus | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ETFinance and SpreadCo, directly affecting your bottom line as a trader. SpreadCo has a lower barrier to entry with a minimum deposit of $100 (vs $215 at ETFinance). SpreadCo charges withdrawal fees while ETFinance does not, giving ETFinance an edge for frequent withdrawers. ETFinance charges deposit fees; SpreadCo does not. Overall, SpreadCo scores higher on fees in our assessment.
| Feature | ETFinance | SpreadCo |
|---|---|---|
| Min. Deposit | $215 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
ETFinance offers MT4, MT5, cTrader, while SpreadCo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. SpreadCo supports social and copy trading features, which ETFinance does not offer. The two brokers are closely matched on platform offering.
| Feature | ETFinance | SpreadCo |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ETFinance and SpreadCo compare. ETFinance runs regular live webinars; SpreadCo does not. Both provide video tutorials. ETFinance publishes daily market commentary; SpreadCo 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.
| Feature | ETFinance | SpreadCo |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETFinance 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.
| Feature | ETFinance | SpreadCo |
|---|---|---|
| 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 ETFinance 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.
| Feature | ETFinance | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |