CoreSpreads
Core Spreads: Your Reliable Partner in Financial Markets
Core Spreads is an international broker offering traders from around the world favorable conditions for successful trading. The company claims to be the best in three key areas of trading. The company’s founders have 10 years of experience in trading, guaranteeing a unique trading experience for all clients.
Core Spreads is registered in the UK and fully regulated by the country’s financial authorities. Clients can be assured of the safety of their funds as they are covered by the financial services compensation scheme.
Finsa Europe Limited is the owner of Core Spreads and is regulated by the FCA, one of the most authoritative regulatory bodies in Europe. Registration number 525164. The broker’s headquarters is located at Longbow House 20 Chiswell Street, London, EC1Y 4TW.
Core Spreads offers trading platforms such as MetaTrader4 and CoreTrader, which have user-friendly interfaces available in browser and mobile versions. Traders can:
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Use charting features,
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Analyze operations and strategies over a selected period,
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Benefit from ultra-low commission fees per lot.
Core Spreads values each trader and offers a special partnership program for additional earnings.
Core Spreads Trading Conditions
The broker specializes in trading CFD contracts and offers trading in markets such as:
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Stocks,
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Indices,
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Commodities,
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Forex,
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Metals,
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Energy products.
Each presented trading platform has its own trading package with conditions:
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Minimum deposit replenishment of 1 unit,
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Minimum order size of 0.1,
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Leverage of 1:200,
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Narrow fixed and floating spreads from 0.3 points,
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Hedging and scalping.
When choosing a platform, the trader automatically selects a trading account. On MT4, the commission per lot is $1.5 regardless of the transaction amount, while only fixed spreads are available on CoreTrader.
To familiarize clients with trading conditions, a demo account with 10,000 British pounds is provided. Clients are offered a welcome bonus of 50% of the deposit amount one month after trading begins.
Deposits and Withdrawals from Core Spreads
Only bank transfers and debit cards are used for depositing and withdrawing funds from the account. Electronic payment systems are not supported.
Information on fees and payment processing times is provided on an individual basis.
Conclusion
Core Spreads broker offers the opportunity to trade on various financial markets and has a wide range of trading instruments. The choice of platform is limited, which may cause dissatisfaction among clients. Online reviews have a negative tone, with the main complaint being the poor performance of the trading terminal and issues with fund withdrawals.
I had an extremely unsatisfactory experience with CoreSpreads. Firstly, the platform is not user-friendly at all and, what’s more, it is prone to many technical glitches that left me frustrated. The customer service was also disappointing to say the least; the staff seemed uninformed and were not helpful in resolving my issues. The withdrawal process was tedious and took much longer than initially promised. Moreover, the hidden charges were a nasty surprise. I felt deceived and it seriously eroded my trust in CoreSpreads. So, I personally would not recommend it to anyone.