fxglobe
SpreadCo
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Overview
fxglobe was founded in 2012 and is headquartered in Malta, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. fxglobe serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $250 at fxglobe and $100 at SpreadCo.
| Feature | fxglobe | SpreadCo |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F243 | Financial Conduct Authority (FCA) |
| Founded | 2012 | 2005 |
| Country | Malta | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fxglobe and SpreadCo, directly affecting your bottom line as a trader. SpreadCo has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fxglobe). Both brokers charge withdrawal fees. fxglobe applies inactivity fees on dormant accounts; SpreadCo does not. SpreadCo charges deposit fees; fxglobe does not. Overall, SpreadCo scores higher on fees in our assessment.
| Feature | fxglobe | SpreadCo |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
fxglobe 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 fxglobe does not offer. The two brokers are closely matched on platform offering.
| Feature | fxglobe | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fxglobe and SpreadCo compare. fxglobe runs regular live webinars; SpreadCo does not. Both provide video tutorials. fxglobe publishes daily market commentary; SpreadCo does not. Both integrate third-party research tools. fxglobe maintains an archive of past webinars for on-demand viewing. fxglobe scores higher overall in education and research.
| Feature | fxglobe | SpreadCo |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxglobe accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while SpreadCo supports 2 (bank transfer, credit/debit card). fxglobe uniquely supports PayPal and Skrill and Neteller among the two brokers. fxglobe scores higher on deposit and withdrawal flexibility.
| Feature | fxglobe | SpreadCo |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fxglobe and SpreadCo offer live chat support. Both provide phone support. Email support is available at both brokers. fxglobe supports 8 languages and SpreadCo supports 2, giving fxglobe broader global reach. Both brokers are comparable on support quality.
| Feature | fxglobe | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |