Core Spreads Review – User Ratings, Bonus, Demo & More

Core Spreads Review 2019 – User Ratings, Bonus, Demo & More

Looking for the best forex broker? Your search is over. Read our Core Spreads review to evaluate the pros and cons of this online forex broker and choose on the basis of data if it is suitable for your needs. This article is dedicated to reviewing one of the best regulated brokers and to give you a clearer idea of what to expect in case you decide to open an account with them.

Core Spreads Review

Core Spreads is a retail brokerage firm in the United Kingdom that has been open since 2013. They are regulated by the Financial Conduct Authority in the United Kingdom, under the umbrella Corporation Finsa Europe Limited. The broker features tight spreads, as well as simplify and lightning fast technology.

Trading accounts

Core Spreads offers both the Mini account and the Standard account. Both feature the ability to trade CFD markets and commodities, shares, and indices. They also offer the ability to trade Forex, as one would expect. Both of these accounts feature commission, with a simple $1.50 per lot available for all clients. Spreads are tight and should also be noticed that there is spread betting available at Core Spreads as well.

The company

Core Spreads has been formed in the United Kingdom and has served clients for several years now. They do not accept US clients, and they are a straight through processing broker type. In other words, they simply match orders and don’t take the other side directly. By offering spread betting, they also give traders the ability to trade in a tax-deferred situation.

Trading conditions

Initial deposit

Core Spreads allows traders to open accounts with as little as one dollar deposited, and in several different currencies as a base. Accounts are able to be funded in US dollars, Euros, and British pounds. This allows a lot of flexibility for international traders.

Spreads and conditions

Core Spreads offers tight spreads in their markets, typically less than one pip in most major currency pairs. Remember though, there is a commission on these trades so it does add slightly to the cost. However, you will find that Core Spreads is one of the cheapest option that you have out there as far as execution is concerned.

Leverage

Core Spreads offers strong leverage, such as 1:100 in the Forex market. The CFD markets typically offer 1:20 leverage, of course depending on which market you are trading. Because of this, you have the ability to make quite a bit of profit with just minimal amounts of margin. Obviously, your losses can also be greatly enhanced using leverage.

Trading platforms

Core Spreads offers world renowned MetaTrader 4, which of course most of you should be familiar with. This gives you the ability to trade on desktop or mobile and using expert advisors and trading robots. If you are not used to trading with this platform, you will be stunned at just how easy it is to operate, and just how flexible it can be with thousands of both free and paid add-ons available.

Core Spreads also offers CoreTrader, their proprietary software. This would remind you quite a bit of software that you see on binary options trading sites, so if you are coming from that world, it may make more sense to use this platform. They also have a mobile version that is quite handy.

Payment methods

Core Spreads offers the payment and withdrawing of funds via bank wire transfer, credit/debit cards, and snail mail.

Extras

Core Trader doesn’t feature much of an educational section, and the analysis isn’t going to be a reason to open an account. However, if you are looking for cheap execution in a variety of markets, Core Spreads might just be for you. I would suggest that experienced traders will love this place.

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