CoreSpreads (UK)

CORESPREADS REVIEW

CoreSpreads is a CFDs / Spread Betting broker based in London and regulated by FCA UK. Corespreads offer a wide selection of fianncial markets through two trading platforms and a very competitive pricing.

 

CORESPREADS REVIEW SUMMARY

• Broker Type: CFDs / Spread Betting (GMT server time)

• US Traders: NO

• Regulation: FCA UK (No 525164) » Check Here

• Platforms: MetaTrader-4, CoreTrader-2

• Mobile Trading: iPhone, Android, Windows Mobile. HTML-5

• Automated Trading & Scalping: Yes to Automated Trading, No to scalping

• Available Assets: 40 Forex Pairs, Precious Metals, Energies, Stock Indices, plus 1,500 shares

• Minimum Account: $10

• Fund Methods: Cards | Wire

• CORESPREADS Welcome Bonus: 50% Welcome Bonus | Loyalty Rebates

» CoreSpreads Online Trading

CORESPREADS RATING SCORE

This is the Rating Score of CoreSpreads:

CORESPREADS.COM RATING (USING FORMULA)	(100%=max)
(1) Safety of Funds when Trading at CORESPREADS	88.4 %
(2) Cost of Trading	69.6 %
(3) Trading-Options Available at CORESPREADS	73.2 %
(4) Trading Technology	78.1 %
CORESPREADS Total Rating	77.24 %

The full CoreSpreads.com Rating Calculations: » CoreSpreads Full Rating Score

 

CORESPREADS FULL REVIEW

Introduction to CORESPREADS

CoreSpreads is a CFDs / Spread Betting broker established in the UK:

□ CoreSpreads Headquarters: London, UK

□ CoreSpreads Regulation: FCA UK (No 525164)

□ CoreSpreads Foundation: 2014

□ CoreSpreads Account Segregation: YES {Barclays}

 

CORESPREADS ASSET INDEX & SPREADS

You may trade Forex, Equities, and Commodities

• 40 Forex currency pairs
• 13 Commodities
• 16 Indices
• 1,500+ shares from all around the world

CoreSpreads focuses entirely on cost-effective trading services so the broker offers some of the tighter spreads in the CFD industry. The EURUSD spread start as low as 0.7, pip plus $3.0 trading commissions per round lot.

 

CORESPREADS TRADING PLATFORMS & TECHNOLOGY

CoreSpreads offer the MetaTrader platform plus the CoreTrader-2

□ Desktop Trading: MetaTrader-4, CoreTrader-2

□ Mobile Trading: iPhone, Android, Windows, and HTML-5

□ Automated Trading: YES

□ Hedging/Scalping: YES/NO

□ PAMM/MAM Accounts: NO

 

CORESPREADS TRADING ACCOUNTS

Two (2) account types offered by CORESPREADS.com:

• You may trade either on a CoreMT4 account (CFDs) or on a CoreTrader account (spread betting)

□ CoreSpreads Minimum Account: $10

□ CoreSpreads Fund Methods: Cards, Bank Wire

□ CoreSpreads Withdrawal Commissions: NO

□ Customer Support: 24/5

□ Customer Support Methods: Live Chat, Phone, Email, and Callback

□ Customer Support/Website Languages: Only English

 

CORESPREADS CURRENT PROMOTIONS

CoreSpreads offer two different promotions:

• Welcome bonus 50% (up to £2,500)

-The bonus is reducing the commissions paid for the client’s first month’s spread

-The bonus is available only to CoreTrader account holders

• Loyalty Scheme

-Rebates as high as 25%

-Available only to CoreTrader holders

» CoreSpreads Accounts and Promotions

 

CORESPREADS REVIEW -MAIN PROS & CONS

CORESPREADS.COM REVIEW PROS √	CORESPREADS.COM REVIEW CONS X
(√) Great Variety of Financial Markets (√) Regulated by FCA (UK) (√) Very tight spreads, start as low as 0.7 pip (√) Trading Promotions and Loyalty Rebates (√) No Minimum Deposit Requirements (√) 50% Welcome bonus for spread betting (√) Two different platforms plus mobile trading	(x) Scalping is forbidden (x) Dealing-Desk is involved (x) Only English is available

 

CORESPREADS REVIEW –FINAL THOUGHTS

CoreSpreads belongs to Finsa Europe Ltd (Finsa), a company regulated by the British Financial Conduct Authority (FCA UK). That means client funds are protected up to £50,000 per individual account, under the Financial Services Compensation Scheme (FSCS). Launched in 2014, CoreSpreads provide a wide range of financial markets through CFDs and Spread Betting. These markets include energies, equities, metals, and many Forex pairs.

There are two platforms available, the CoreMT4 and CoreTrader. The CoreTrader is suitable for spread betting and offers 16 indices, 34 Forex pairs, 5 commodities, and about 1,500 shares from Europe, UK, and the US. The CoreMT4 offers 13 indices, 40 Forex pairs, and 13 popular commodities. CoreSpreads offer also mobile trading and demo accounts. But there is no online education and the only available language for customers is English.

CoreSpreads focuses entirely on cost-effective trading services so the broker offers some of the tighter spreads in the CFD industry. The EURUSD spread start as low as 0.7, pip plus $3.0 trading commissions per round lot. That means EURUSD overall cost at 1.1-1.2 pip.

Core Spreads Key Points

• Safety of trading funds
• Tight spreads, which start as low as 0.7 pip plus $3.0 trading commissions per round lot
• Wide range of financial markets
• Maximum leverage 175:1
• 2 trading platforms including CoreMT4 and CoreTrader
• Auto trading and hedging are allowed, but not scalping
• Advanced charting and 1-click trading
• 24/5 customer support via a responsive live chat, email, phone, and callback

As concerns CoreSpreads accounts, there is no minimum deposit amount and you can fund your account via Bank Wire, Credit Cards, and Debit Cards. As concerns bonuses, you can take advantage of a 50% welcome bonus and loyalty rebates for spread betting. In conclusion, CoreSpreads is a good and safe choice for CFDs and Spread Betting traders, offering low-cost trading and safety of money.

» CoreSpreads Online Trading Services

 

◙ CORESPREADS.com Review

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