Finpro
SpreadCo
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Overview
Finpro was founded in 2008 and is headquartered in GRENADINES, while SpreadCo was established in 2005 and is based in London. Finpro holds licences including Unregulated, while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. Finpro serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $0 at Finpro and $100 at SpreadCo.
| Feature | Finpro | SpreadCo |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2008 | 2005 |
| Country | GRENADINES | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Finpro and SpreadCo, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $100 at SpreadCo). SpreadCo charges withdrawal fees while Finpro does not, giving Finpro an edge for frequent withdrawers. Finpro applies inactivity fees on dormant accounts; SpreadCo does not. SpreadCo charges deposit fees; Finpro does not. Overall, Finpro scores higher on fees in our assessment.
| Feature | Finpro | SpreadCo |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Finpro 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 Finpro does not offer. The two brokers are closely matched on platform offering.
| Feature | Finpro | 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 | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Finpro and SpreadCo compare. SpreadCo has a video library; Finpro does not. SpreadCo integrates third-party research tools (Autochartist); Finpro does not. SpreadCo scores higher overall in education and research.
| Feature | Finpro | SpreadCo |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Finpro 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 | Finpro | 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 Finpro 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 | Finpro | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |