Compare forex brokers FXGM VS Core Spreads

If you're choosing between FXGM and Core Spreads forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is FXGM better than Core Spreads? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

FXGM VS CORE SPREADS

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.

FXGM
FXGM Overview

FXGM is an online broker founded in Cyprus in 2011. It is regulated by CySEC and the FSCA. The brand offers a wide variety of trading currencies, stocks, commodities, indices, cryptocurrencies, exchange traded funds and options through CFDs.

# Broker's Features FXGM Availability 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 compare FXGM vs 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. FXGM offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures, while Core Spreads offers Currencies, Commodities, Indices, Stocks, Bonds.

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

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. FXGM is regulated by CySEC, FSCA, while Core Spreads 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.

Account currencies: Next lets consider the Account currencies each broker offers. FXGM offers different account currencies for each account types, while Core Spreads offers USD, EUR, GBP account currencies.

Languages Available: Next lets have a look at each broker's different Language options. FXGM offers English, Finnish, Italian, Polish, Spanish, Swedis, while Core Spreads offers English Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. FXGM offers Credit/Debit Cards, E Merchant Payment Solutions, EasyEFT, Klarna different payment methods for each account types, while Core Spreads offers Credit/Debit Cards, Bank Transfer, Skrill, Payoneer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FXGM makes Proprietary available to clients, while Core Spreads offers MT4, Proprietary.

The Verdict: FXGM or Core Spreads?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Core Spreads is more reliable based on our criteria above. Only Core Spreads offers demo account, allowing you to test their platform to see which is suitable for you. Only Core Spreads Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Core Spreads offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Core Spreads offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. As Core Spreads offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

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