Evolution Brokers
SpreadCo
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Evolution Brokers was founded in 2008 and is headquartered in Belize, while SpreadCo was established in 2005 and is based in London. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. Evolution Brokers serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $300 at Evolution Brokers and $100 at SpreadCo.
| Feature | Evolution Brokers | SpreadCo |
|---|---|---|
| Min. Deposit | $300 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Founded | 2008 | 2005 |
| Country | Belize | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evolution Brokers and SpreadCo, directly affecting your bottom line as a trader. SpreadCo has a lower barrier to entry with a minimum deposit of $100 (vs $300 at Evolution Brokers). Both brokers charge withdrawal fees. Evolution Brokers applies inactivity fees on dormant accounts; SpreadCo does not. SpreadCo charges deposit fees; Evolution Brokers does not. Overall, SpreadCo scores higher on fees in our assessment.
| Feature | Evolution Brokers | SpreadCo |
|---|---|---|
| Min. Deposit | $300 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Evolution Brokers 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 Evolution Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Evolution Brokers | SpreadCo |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | WEB,Desktop,iPhone,Mac | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Evolution Brokers and SpreadCo compare. Evolution Brokers runs regular live webinars; SpreadCo does not. Both provide video tutorials. Evolution Brokers publishes daily market commentary; SpreadCo does not. Both integrate third-party research tools. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | Evolution Brokers | 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. Evolution Brokers 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 | Evolution Brokers | 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 Evolution Brokers 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 | Evolution Brokers | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |