Evolution Brokers
Spreadex
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 Spreadex was established in 1999 and is based in UK. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while Spreadex is regulated by Financial Conduct Authority (FCA) among others. Evolution Brokers serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $300 at Evolution Brokers and $0 at Spreadex.
| Feature | Evolution Brokers | Spreadex |
|---|---|---|
| Min. Deposit | $300 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), registration number 190941 |
| Founded | 2008 | 1999 |
| Country | Belize | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evolution Brokers and Spreadex, directly affecting your bottom line as a trader. Spreadex has a lower barrier to entry with a minimum deposit of $0 (vs $300 at Evolution Brokers). Evolution Brokers charges withdrawal fees while Spreadex does not, a notable advantage for frequent withdrawers. Evolution Brokers applies inactivity fees on dormant accounts; Spreadex does not. Overall, Spreadex scores higher on fees in our assessment.
| Feature | Evolution Brokers | Spreadex |
|---|---|---|
| Min. Deposit | $300 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Evolution Brokers offers MT4, MT5, cTrader, while Spreadex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Spreadex supports social and copy trading features, which Evolution Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Evolution Brokers | Spreadex |
|---|---|---|
| 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 Spreadex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Evolution Brokers | Spreadex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Spreadex supports 3 (bank transfer, credit/debit card, Skrill). Spreadex uniquely supports Skrill among the two brokers. Spreadex scores higher on deposit and withdrawal flexibility.
| Feature | Evolution Brokers | Spreadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| 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 Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. Evolution Brokers supports 2 languages and Spreadex supports 1, giving Evolution Brokers broader global reach. Both brokers are comparable on support quality.
| Feature | Evolution Brokers | Spreadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |