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Core Spreads

  • Regulated by: Financial Conduct Authority
  • Safety: segregates client funds
  • Trust Rating: B
Open Core Spreads's Website

Losses can exceed deposits.

Core Spreads offer one way to trade: Forex and CFD trading.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, Core Spreads offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 525164). Core Spreads puts all client funds in a segregated bank account and uses tier-1 banks for this. Core Spreads have been established since 2014, and have a head office in .

Before we dive into some of the more detailed aspects of Core Spreads’s spreads, fees, platforms and trading features, you may want to open Core Spreads‘s website in a new tab by clicking the button below in order to see the latest information directly from Core Spreads.

Open a demo account Visit Core Spreads

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

PROS

  • Segeregates client funds
  • Established in 2014
  • Regulated by Financial Conduct Authority
  • Min. deposit from $1

CONS

What are Core Spreads's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on Core Spreads’s website. The colour bars show how competitive Core Spreads’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

Core Spreads AvaTrade Plus500
Spread from: $7.00 $7.00 $9.00
Typical overnight fee: $2.15 $5.00 $9.40
Commission: 3 0 0
Total cost of a 100k trade: $12.15 $12 $18.4
+$0.15 saving +$6.25 more
Visit Core Spreads Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • Core Spreads doesn't charge inactivity fees
  • Core Spreads doesn't charge withdrawal fees

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$2.15
  • the roll over fee for short positions on EUR/USD is -$2.88

Commissions

  • Core Spreads does charge commission on CFD shares

What instruments can you trade with Core Spreads?

FX / Currencies Core Spreads AvaTrade Plus500
# of forex pairs offered 40 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Core Spreads AvaTrade Plus500
# of commodities offered 0 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Core Spreads AvaTrade Plus500
# of Stocks offered 1550 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares No Yes Yes
See Core Spreads's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the Core Spreads trading experience like?

1) Platforms and apps

Core Spreads offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Core Spreads Screenshot See Core Spreads's Platforms

Core Spreads also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See Core Spreads's platforms

Trading Features:

  • Allows scalping
  • Low min deposit
  • Guaranteed stop loss

Accounts offered:

  • Demo account
  • Micro account
  • Standard account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

Core Spreads allow you to execute a minimum of trade of £1. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Core Spreads may have lower entry requirements compared to a ECN broker who benefit from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Core Spreads offer margin up to 0.05% on currencies.

Finally, we‘ve listed some of the popular funding methods that Core Spreads offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Skrill

3) Client support

Core Spreads support a limited number including English

Core Spreads have a BrokerNotes double AA support rating because Core Spreads offer live chat, phone, email support and less than three languages.

CFDs are leveraged products and can result in the loss of your capital. All information collected from https://www.corespreads.com/ on November 21, 2017.