B
global prime logo

global prime

7.6/10

SpreadCo

6.1/10
10/10WinnerRegulation7/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

global prime was founded in 2018 and is headquartered in United Kingdom, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. global prime serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $250 at global prime and $100 at SpreadCo.

global prime wins this category
Featureglobal primeSpreadCo
Min. Deposit$250$100
RegulationFinancial 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-F249Financial Conduct Authority (FCA)
Founded20182005
CountryUnited KingdomLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between global prime 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 global prime). Both brokers charge withdrawal fees. global prime charges deposit fees; SpreadCo does not. Overall, SpreadCo scores higher on fees in our assessment.

SpreadCo wins this category
Featureglobal primeSpreadCo
Min. Deposit$250$100
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

global prime 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 global prime does not offer. The two brokers are closely matched on platform offering.

Tied
Featureglobal primeSpreadCo
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsWeb Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how global prime and SpreadCo compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
Featureglobal primeSpreadCo
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. global prime accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while SpreadCo supports 2 (bank transfer, credit/debit card). global prime uniquely supports PayPal and Skrill and Neteller among the two brokers. global prime scores higher on deposit and withdrawal flexibility.

global prime wins this category
Featureglobal primeSpreadCo
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both global prime and SpreadCo offer live chat support. Both provide phone support. Email support is available at both brokers. global prime supports 8 languages and SpreadCo supports 2, giving global prime broader global reach. Both brokers are comparable on support quality.

Tied
Featureglobal primeSpreadCo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese