Forex EE
SpreadCo
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while SpreadCo was established in 2005 and is based in London. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. Forex EE serves 10,000+ clients worldwide; SpreadCo has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Forex EE | SpreadCo |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Ministry of Economic Affairs in Estonia | Financial Conduct Authority (FCA) |
| Founded | 2008 | 2005 |
| Country | Grenadines | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and SpreadCo, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Both brokers charge withdrawal fees. SpreadCo charges deposit fees; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.
| Feature | Forex EE | SpreadCo |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Forex EE offers 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 Forex EE does not offer. SpreadCo edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | SpreadCo |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex EE and SpreadCo compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Forex EE | SpreadCo |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex EE 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 | Forex EE | 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 Forex EE 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 | Forex EE | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |