B

kawase

8.4/10

SpreadCo

6.1/10
10/10WinnerRegulation7/10
1/10FeesWinner4/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

kawase was founded in 2011 and is headquartered in Australia, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. kawase serves 3,500,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $250 at kawase and $100 at SpreadCo.

kawase wins this category
FeaturekawaseSpreadCo
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-F266Financial Conduct Authority (FCA)
Founded20112005
CountryAustraliaLondon
Clients3,500,000+10,000+

Fees

Fees are a critical factor when choosing between kawase 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 kawase). SpreadCo charges withdrawal fees while kawase does not, giving kawase an edge for frequent withdrawers. SpreadCo charges deposit fees; kawase does not. Overall, SpreadCo scores higher on fees in our assessment.

SpreadCo wins this category
FeaturekawaseSpreadCo
Min. Deposit$250$100
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

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

Tied
FeaturekawaseSpreadCo
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 kawase and SpreadCo compare. kawase runs regular live webinars; SpreadCo does not. Both provide video tutorials. kawase publishes daily market commentary; SpreadCo does not. Both integrate third-party research tools. kawase maintains an archive of past webinars for on-demand viewing. kawase scores higher overall in education and research.

kawase wins this category
FeaturekawaseSpreadCo
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

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

kawase wins this category
FeaturekawaseSpreadCo
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 kawase and SpreadCo offer live chat support. Both provide phone support. Email support is available at both brokers. kawase supports 8 languages and SpreadCo supports 2, giving kawase broader global reach. Both brokers are comparable on support quality.

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