CORESPREADS.co.uk Review (Update: Not an Active Broker)

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■ Foundation: CoreSpreads was founded 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)

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

■ Website Languages: English

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

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 30:1

■ 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 a minimum EURUSD spread of 0.7 pip

■ CORESPREADS offer a minimum USDJPY spread of 0.9 pip

■ CORESPREADS offer a minimum GBPUSD spread of 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 amount to open an account with CORESPREADS is 10 USD

	CORESPREADS ACCOUNTS
Minimum Deposit	10 USD
Account Currencies	EURO | US DOLLAR | BRITISH STERLING
Minimum Trade Size	0.01
Promotions	WELCOME BONUS / LOYALTY REBATES
Trading Leverage (Forex)	30:1

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 CORPORATE INFORMATION

CORESPREADS is the trading name of Finsa Europe Ltd

Finsa Europe Ltd (England and Wales No 07073413)

Registered Office: Tower Bridge Business Centre, 46 - 48 East Smithfield, London E1W 1AW, United Kingdom

■ CORESPREADS PHONE NUMBER: (UK) free on 0800 862 0780 or (international) +44 203 475 4830

■ CORESPREADS eMail: This email address is being protected from spambots. You need JavaScript enabled to view it.

■ REGULATION: Authorized and regulated by the FCA UK (reference number 525164)

■ SEGREGATION OF FUNDS: All funds are kept in segregated bank accounts in Top-tier banks, including Barclays Bank PLC

 

⚖️ CORESPREADS REVIEW PROS AND CONS (According to competition)

CORESPREADS REVIEW PROS & CONS
CoreSpreads Review PROS (√)	CoreSpreads Review CONS (X)
√ Fully Regulated Broker (FCA UK) √ Tight spreads (starting as low as 0.7 pip on EURUSD plus $3.0/full traded lot commissions). One of the most competitive dealing-desk brokers in the market. √ Good selection of trading platforms, including MT4 √ Over 30 Forex pairs plus many other financial instruments via CFDs and Spread Betting √ Responsive Customer Service √ 50% welcome bonus (commission-based bonus) for spread betting	X Dealing-Desk is involved X offers only English as a customer support language and provides limited Fund Methods X Forbids Scalping X Limited Fund Methods

 

 

🏁 CoreSpreads Review Conclusions (Update: Not an Active Broker)

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 a 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. CFD trading is provided through the MetaTrader 4 platform. Note that automated trading is 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, the 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, the EUR/USD overall spread starts as low as 1.2 pips. This means very competitive pricing, because we are talking about a dealing desk broker.

As concerns trading accounts, there is no minimum deposit, and traders can use wire transfers and cards to fund their accounts. CoreSpreads also offers trading promotions, including a welcome bonus of 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 and reliable platform for trading the global financial markets. The broker is offering competitive spreads, and it can be seen as a good choice for Spread Betting and CFD trading, excluding scalping.

 

 

 

■ CORESPREADS.com Review

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