B
macquarie securities limited logo

macquarie securities limited

7.9/10

SpreadCo

6.1/10
10/10WinnerRegulation7/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

macquarie securities limited was founded in 2019 and is headquartered in United States, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. macquarie securities limited serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $250 at macquarie securities limited and $100 at SpreadCo.

macquarie securities limited wins this category
Featuremacquarie securities limitedSpreadCo
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-F274Financial Conduct Authority (FCA)
Founded20192005
CountryUnited StatesLondon
Clients10,000+10,000+

Fees

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

SpreadCo wins this category
Featuremacquarie securities limitedSpreadCo
Min. Deposit$250$100
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

macquarie securities limited offers MT4, MT5, cTrader, while SpreadCo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

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

macquarie securities limited wins this category
Featuremacquarie securities limitedSpreadCo
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

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

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

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