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CoreSpreads Trading Review

CORESPREADS Review

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■ Found: CoreSpreads was found in 2014

■ Headquarters: CoreSpreads is based in London, UK

■ US Residents: CoreSpreads forbids US traders –NO-

■ Swap-Free Accounts: -NO-

■ Regulated: CoreSpreads is regulated by the FCA UK (No 525164 -Check here)

■ Client Bank Account Segregation: Barclays Bank PLC -YES-

■ Website Languages: English

■ Customer Support: 24/5 via Phone, Callback, LiveChat, Skype, and email

► CoreSpreads Current Trading Promotions

CORESPREADS SUMMARY

■ Broker Type: DD Execution (CFDs and Spread Betting)

■ Trading: Forex Currencies, Equities, Metals, Energies, Soft Commodities

■ Platforms: MT4, CoreTrader (Web), Mobile/Tablet Traders

■ Trading Time Zone: GMT

■ Demo Account: YES

■ Spread on EUR/USD: 0.7 pip plus $3.0/lot trade commissions

■ Leverage: Trading Leverage 175:1

■ Scalping/Hedging: Hedging and Automated trading are only allowed, no Scalping

■ Minimum Account: $10

CORESPREADS TRADING ASSETS

CoreSpreads offers the following assets:

■ 34 Forex Pairs

AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/HUF, EUR/JPY, EUR/NOK, EUR/NZD, EUR/SEK, EUR/USD, EUR/ZAR, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/USD, GBP/ZAR, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/HUF, USD/JPY, USD/NOK, USD/ZAR

■ Stock Indices

■ 25 Popular Shares (8 European, 7 American, and 10 British shares)

■ Commodities (Metals, Energies, Soft Commodities)

CORESPREADS TRADING SPREADS

These are the spreads and trading commissions charged by CoreSpreads:

■ CORESPREADS offer minimum EURUSD spread 0.7 pip

■ CORESPREADS offer minimum USDJPY spread 0.9 pip

■ CORESPREADS offer minimum GBPUSD spread 0.9 pip

(*) Corespreads charge $3.0/lot trade commissions

CORESPREADS TRADING PLATFORMS & MOBILE

CoreSpreads provide a good variety of platforms, including MetaTrader4:

■ CORESPREADS MetaTrader-4 (CFDs)

■ CORESPREADS CoreTrader-2 (spread betting and CFDs)

■ CORESPREADS Mobile Traders

Key Features

• □ OS Compatibility: Mac Os, Ms Windows
• □ News Feed: No
• □ Charting Package: Yes
• □ Trade From Charts Yes
• □ Trading Signals: No
• □ Scalping: No
• □ Automated Trading: Yes
• □ Guaranteed Stop Loss: Yes
• □ OCO Orders: No

CORESPREADS NEW ACCOUNT INFORMATION

CORESPREADS Minimum Account: The minimum required deposit to open an account with CORESPREADS is 10 USD

CORESPREADS Deposit/Withdrawal Methods:

■ Bank Wire | Credit/Debit Cards

CORESPREADS Welcome Bonus

■ CORESPREADS offer 50% Welcome Bonus up to 2,500 GBP

■ The 50% welcome bonus is available only to CoreTrader account holders

■ The bonus is commission-based. The broker will return 50% of the total spread traded in your first month back into your trading account

■ The bonus can be used for trading Forex, Indices, Equities, and Commodities

Loyalty Scheme

■ The Loyalty Scheme is available only to CoreTrader account holders

■ Traders can get rebates as high as 25%

► CoreSpreads Bonus Promotions

CORESPREADS CORPORATE INFORMATION

CORESPREADS REVIEW PROS AND CONS (According to competition)

CoreSpreads Review Conclusions:

Founded in 2014, CoreSpreads is a regulated broker established in London, UK. CoreSpreads offer spread betting and CFD trading. The broker is licensed by the FCA UK, and that means client’s protection up to £50,000 per individual account.

The spread betting is provided through the broker’s built-in CoreTrader-2, CoreTrader 2 offers advanced charting, 1-click trading, Guaranteed Stop, etc. CFDs trading is provided through the MetaTrader 4 platform. Note that scalping and automated trading are fully allowed, but scalping is forbidden. CoreSpreads offer a good range of financial instruments, including 34 Forex pairs, indices, commodities, and top shares from Europe, UK, and the US. CoreSpreads offers very tight fixed/variable spreads starting as low as 0.7 pip on EUR/USD, CFD trades also involve trade commissions of $3.0 per full standard lot. In other words, EUR/USD overall spread starts as low as 1.2 pip. This means very competitive pricing, considering the fact that we are talking about a dealing desk broker.

As concerns trading accounts, there is no minimum deposit and traders can use wire and cards to fund their accounts. CoreSpreads offer also trading promotions, including welcome bonus up to 50% of the client’s first month’s spread (max £2,500). Note that the welcome bonus promotion is available only for spread betting. In conclusion, CoreSpreads is a safe place to trade the global financial markets. The broker is offering very competitive spreads and it can be seen as an ideal choice for Spread Betting and CFD trading, excluding scalping.

► CoreSpreads Real Accounts

L MORE REVIEWS

■ CORESPREADS.com Review

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