Core Spreads offers CFD trading and spread betting across several asset classes on two top-tier platforms.
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|Instruments||Spread betting, forex, commodities, indices, equities|
|Payment Methods||Credit Card, Mastercard, Skrill, Visa, Wire Transfer|
|Min. Trade||0.01 lots|
|Mobile Apps||Yes (iOS & Android)|
|AI / Machine Learning|
|Negative Balance Protection|
|Auto Trading||Yes (EAs)|
|Contracts for difference are offered on popular financial markets with tight spreads.|
Trade on 40+ major and minor currencies with up to 1:30 leverage.
Core Spreads is a global broker offering day trading opportunities in CFDs and spread betting. Clients can access over 1,000 instruments, including forex, commodities and indices. Our detailed review will cover login requirements, fees, platforms, minimum deposits and more. Find out whether to register for a live trading account today.
Core Spreads Is Moving…
Core Spreads has announced that they will no longer accept new account applications as they transition to their new global brand – Trade Nation. This is the latest step to bring the established brokers with a long-standing history under the same umbrella.
Trade Nation promises the same company, staff and top-tier regulatory protections as Core Spreads, but with a clean new look.
For now, you can follow the sign-up link through the Core Spreads website. Alternatively, you can open an account directly at Trade Nation.
Core Spreads Headlines
Core Spreads, a trading name of Finsa Europe Limited, was founded in 2009. The broker operates in 150+ countries worldwide, with headquarters located in London, UK. The company is authorised and regulated by the Financial Conduct Authority (FCA), a well-regarded body with stringent compliance requirements.
The broker also has branches in Australia and South Africa. Both operate with local jurisdiction regulation from the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) respectively.
Core Spreads strives to provide the best service across three pillars; pricing, platform technology, and customer experience.
Core Spreads offers two platform options with easy logins; a proprietary platform, CoreTrader, for spread betting; and CoreMT4 for CFD trading.
The MT4 platform requires a download to desktop devices while CoreTrader is a web-based software designed for trading through major browsers.
A favourite among retail traders, MetaTrader 4 offers a clean interface, a wide selection of analysis tools and a mix of instant and pending order types. Additional features include:
One-click tradingMarket news streams24/5 customer supportAccess to Expert AdvisorsUltra-fast execution speedsCustomisable graphs and chartsHundreds of technical indicators
CoreTrader is a hassle-free platform designed for spread betting. Clients can browse popular financial markets and take positions in a few clicks. Features include:
24/5 customer supportOne-click demo accountFully customisable chartsTrade directly from chartsAdvanced technical analysisSimple and easy to use interfaceComprehensive risk management tools
Core Spreads offers clients trading opportunities in various global markets. Access varies by the chosen account/platform.
US, UK & European equities – Access to 1,000+ sharesCommodities – Five metals and energies, including gold and oilIndices – 16 global stock indices, such as the UK100, Germany30 and US500Forex pairs – 34 major and minor currency pairs, including EUR/USD and USD/CAD
Commodities – 13 metals and energies, including gold, silver and oilIndices – 13 global stock indices, such as the HK50, UK100 and US30Forex pairs – 40 major and minor currency pairs, including EUR/GBP and GBP/USD
Spreads & Commission
Spreads vary by account type and platform but are competitive. On spread betting accounts, forex pairs such as EUR/GBP are offered at a fixed rate of 0.6 pips while GBP/USD comes in at 0.8 pips. The UK100 and US500 indices are offered from 0.4 points.
Variable spreads are offered on the CFD account. The EUR/GBP currency pair comes in at a minimum of 1.2 pips, UK100 and DE30 indices from 1.0 pip and energies from 3.5 pips. Full details can be found in the market information section of the broker’s website.
Core Spreads does not charge commissions on spread betting accounts but a $1.50 per lot charge is applied to CFD accounts. The broker also charges a swap rate for positions held overnight at 2.5% +/- Libor.
Leverage is capped at a maximum of 1:30 in line with ESMA trading regulations. The maximum leverage offered also varies by asset:
Equities – 1:5Commodities – 1:10Major forex pairs – 1:30Minor forex pairs and indices – 1:20
Core Spreads offers mobile app versions of both platforms in most major jurisdictions, including Europe, Australia and the UK. These are available for free download to iOS and Android devices. Users can access the full range of trading features, respond to market movements, complete transactions and view public holiday hours while on the go. Customer support can be contacted from within the apps.
The only downside is that detailed technical analysis is harder to conduct on mobile applications versus desktop-based solutions.
There are no minimum deposit requirements to open a live account. Accounts can be funded in the following currencies: GBP, USD, EUR, AUD, and ZAR. The broker accepts the following payment methods:
Skrill e-walletBank wire transferDebit/credit cards, including Visa, MasterCard and Amex
There is no deposit fee with any payment method. Processing times are not published however debit/credit card and e-wallet payments often support instant funding.
Core Spreads does not charge for withdrawals. However, in line with regulations, funds must be processed back to the original payment method. A minimum withdrawal of $50/£/€ applies. The broker processes withdrawals within 24 hours of requests but funding settlement varies by payment method.
Core Spreads offers a demo account on both platforms. This is a good way to understand platform features, explore interface navigation, and practise trading strategies. Upon registration and login, users can access up to £10,000 in virtual funds and test strategies risk-free in simulated market conditions.
Core Spreads Bonuses
At the time of writing, Core Spreads does not offer any promotions to new or existing clients, this includes no deposit bonuses. EU and UK traders are not eligible for bonuses due to ESMA trading regulations which restrict financial incentives. Keep an eye on the broker’s website for upcoming offers in other jurisdictions.
Core Spreads is licensed with the Financial Conduct Authority (FCA), meaning the broker operates under established regulatory standards. Clients can be assured of segregated funds in top-tier banks and negative balance protection. Retail traders are also protected by the FSCS compensation scheme up to the value of £85,000 in the case of business insolvency. The broker is also fully compliant with the European Securities and Markets Authority (ESMA).
Global market news, trading insights, and weekly articles are posted on the Core Spreads website. The blog-style platform also integrates tutorial posts analysing topics such as using financial signals, forex strategies such as scalping and hedging, margin trading, plus trailing stops. Video content is also posted providing tips for investing in popular markets.
Market information sheets by platform are available to download. This includes a breakdown of spreads, trading hours and guaranteed stop distances by instrument.
The broker offers two account types; one for CFD trading (platform CoreMT4) and one for spread betting customers (platform CoreTrader). Clients can open one spread betting account and one CFD account and these can be opened in different currencies. The key features of each account are listed below.
Variable spreadsNo minimum deposit0.01 lot minimum orderCFD trading – indices, forex and commodities$1.50 (or equivalent currency) commission per lot
Fixed spreadsNo commissionNo minimum deposit£0.50/$/€ minimum orderSpread betting – indices, forex, commodities, UK, US and European equities
Clients are required to upload identification documents and proof of residency to open a live account. This is standard practice aligning with KYC policies. Details of trading experience and knowledge must also be submitted. The average processing time for account approval is one working day.
Reasons to sign up for a Core Spreads account include:
No inactivity feeMobile applicationsNegative balance protectionFree deposits and withdrawalsDemo account on both platformsFCA regulation with FSCS protectionProprietary platform software and MT4
Downsides to registering for a Core Spreads account include:
No MetaTrader 5 platformNo cryptocurrency tradingCommissions applied on CFDs
Core Spreads is available to contact 24/5, operating Sunday 10 pm GMT to Friday 10 pm GMT. Trading hours vary by instrument. An upcoming month trading calendar is available on the Core Spreads website and includes information on market holidays.
Core Spreads offers various customer support options available 24/5: