B

SpreadCo

6.1/10
VPE Bank logo

VPE Bank

6.8/10
7/10RegulationWinner9/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

SpreadCo was founded in 2005 and is headquartered in London, while VPE Bank was established in 2008 and is based in Germany. SpreadCo holds licences including Financial Conduct Authority (FCA), while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. SpreadCo serves 10,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $100 at SpreadCo and $5000 at VPE Bank.

VPE Bank wins this category
FeatureSpreadCoVPE Bank
Min. Deposit$100$5000
RegulationFinancial Conduct Authority (FCA)The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)
Founded20052008
CountryLondonGermany
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between SpreadCo and VPE Bank, directly affecting your bottom line as a trader. SpreadCo has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at VPE Bank). Both brokers charge withdrawal fees. VPE Bank applies inactivity fees on dormant accounts; SpreadCo does not. SpreadCo charges deposit fees; VPE Bank does not. Overall, SpreadCo scores higher on fees in our assessment.

SpreadCo wins this category
FeatureSpreadCoVPE Bank
Min. Deposit$100$5000
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

SpreadCo offers MT4, MT5, cTrader, while VPE Bank 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
FeatureSpreadCoVPE Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb Trader, Tablet & Mobile appsMT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how SpreadCo and VPE Bank compare. VPE Bank runs regular live webinars; SpreadCo does not. Both provide video tutorials. VPE Bank publishes daily market commentary; SpreadCo does not. Both integrate third-party research tools. VPE Bank maintains an archive of past webinars for on-demand viewing. VPE Bank scores higher overall in education and research.

VPE Bank wins this category
FeatureSpreadCoVPE Bank
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. SpreadCo accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while VPE Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureSpreadCoVPE Bank
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both SpreadCo and VPE Bank 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.

Tied
FeatureSpreadCoVPE Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese