Core Spreads Review 2019 | Is Core Spreads a Scam or Legit Forex Broker?

Read our Core Spreads review to find out if Core Spreads is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.5/ 5

Rating breakdown

Protection & Regulations
60% Complete (danger)
3.0/5
Trading platforms
80% Complete (danger)
4.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
Core Spreads
Core Spreads Overview

Core Spreads is an online Contract for Difference (CFDs) and spread betting platform that is owned and managed by Finsa Europe Ltd. Based in the United Kingdom, Finsa Europe Ltd’s head office is located at Tower Bridge Business Centre, 46 – 48 East Smithfield, London.

# Broker's Features CORE SPREADS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Core Spreads.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Core Spreads offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Bonds.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Core Spreads is Dealing Desk, Market Maker.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Core Spreads recommended minimum capital is $0.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Core Spreads is regulated by ASIC, FCA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: Core Spreads is regulated by the FCA under the registration number 525164. The FCA is one of the most prestigious financial regulatory agencies in the world. It is also recognized as being one of the strictest regulatory bodies in Europe with a serious enforcement bite.

Languages Available: Next lets have a look at each broker's different Language options. Core Spreads offers English.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Core Spreads makes MetaTrader 4 available to clients.

Web & Desktop Trading Platforms: As for trading platforms, Core Spreads’ clients are given a choice of two powerful trading platforms, the CoreTrader2 and the Core MT4 platform.
Mobile Trading Platforms: Both the CoreTrader2 and the Core MT4 platforms are available as mobile trading apps as well. These apps provide traders who want to trade the financial markets whenever they want with the mobility which they need. Both are available as an Android-based app, which traders can download from Google Play Store. For iPhone and iPad users, they can download the app from Apple’s App Store free of charge.

Other

Support
Customer support service at Core Spreads is on a 24/5 basis from Sunday 22:00 (GMT) to Friday 22:00 (GMT). Traders can contact the Support Team either through live chat, email or calling them on the telephone.

Recup
From our observations, the key benefits that traders will have with Core Spreads are the tight, fixed spreads which the broker is offering. However, it should be noted that this is achieved by eliminating many of the expensive tools which most brokers in the industry are offering for free to their traders.

Final Thoughts
With regulatory oversight provided by the FCA, Core Spreads’ clients have no reason to doubt the reliability of this broker. Founded in late 2014, Core Spreads has been around for a few years now and to date there has been no negative feedback about them on the internet.

Trading Experience
Core Spreads is geared more towards beginner traders rather than experienced traders.

People Also Asked

Is Core Spreads regulated?
Yes, Core Spreads is regulated by top-tier regulators, ASIC, FCA inclusive.
Where is Core Spreads based?
Core Spreads is based in , United Kingdom
How does Core Spreads make money?
Core Spreads charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in Core Spreads account?
With Core Spreads you can deposit money via the following means; Credit Card, Skrill, Wire Transfer.
How do I withdrawal in Core Spreads account?
Core Spreads lets you request a withdrawal of funds from your account via the following means; Credit Card, Wire Transfer.
What is the minimum deposit for Core Spreads?
Core Spreads has $0 minimum deposit.
What are the available account base currencies with Core Spreads?
Core Spreads trading accounts are offered in N/A. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Core Spreads?
Core Spreads has a maximum leverage is 1:20 for professional traders.
How do I open an account with Core Spreads?
Opening an account with Core Spreads is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does Core Spreads use MetaTrader?
Core Spreads platforms: Yes, Core Spreads use MetaTrader as well as the following platforms: MetaTrader 4
What type of broker is Core Spreads?
Core Spreads appears to be a Dealing Desk, Market Maker broker which offers market access to a variety of traders.
Does Core Spreads accept US clients?
No
Does Core Spreads offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with Core Spreads: You can trade a wide variety of instruments with Core Spreads: Currencies, Commodities, Indices, Stocks, Bonds