Introduction
CoreSpreads.com is a UK based financial spread betting and CFD provider. They offer trading on a wide range of markets including indices, forex, commodities and shares. They also offer binary options on some markets. CoreSpreads.com is a member of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority (FCA).
What is CoreSpreads?
CoreSpreads.com is an online broker that offers Spread Betting and CFD Trading on a wide range of financial instruments including Forex, Indices, Equities, Commodities and more.
The company was founded in 2007 by a team of experienced financial professionals and is headquartered in London, UK.
CoreSpreads.com is regulated by the Financial Conduct Authority (FCA) in the UK and offers its services to clients from over 100 countries around the world.
The company prides itself on offering tight spreads, fast execution speeds and a user-friendly trading platform. CoreSpreads also offers 24/7 customer support and free educational resources for its clients.
The Pros of CoreSpreads
CoreSpreads is an online spread betting and CFD trading platform. The company was founded in 2007 and is headquartered in London, England. CoreSpreads offers a wide range of financial instruments including forex, commodities, indices, and shares. The company’s website is available in English, French, Spanish, Italian, German, and Portuguese.
CoreSpreads is regulated by the Financial Conduct Authority (FCA) and offers negative balance protection to its clients. The company also provides free educational resources to help its clients learn about financial markets and trading.
CoreSpreads has low minimum deposit requirements and offers competitive spreads on major currencies. The company’s trading platform is available on desktop, web, and mobile devices. CoreSpreads also offers 24/7 customer support via live chat, email, and telephone.
The Cons of CoreSpreads
There are a few cons to using CoreSpreads that should be considered before signing up for an account. First, the minimum deposit is a bit high at $500. This may not be an issue for some traders, but it could be a barrier for entry for others. Second, the spreads can be a bit higher than other brokers. This is not necessarily a bad thing, as the company does offer some unique features and tools that offset the higher spreads. However, it is something to be aware of. Finally, customer support can be hit or miss. There have been some reports of long wait times and unhelpful staff. Again, this is not necessarily a deal-breaker, but it is something to keep in mind. Overall, CoreSpreads is a solid broker with some great features. However, there are a few drawbacks that should be considered before signing up for an account.
Traders Ratings
As a forex and CFD broker, CoreSpreads.com offers its clients the ability to trade in a variety of assets including currency pairs, commodities, indices, and shares. In addition, the broker provides its clients with access to the latest market news and analysis as well as a range of trading tools and resources. While there are many positive aspects to trading with CoreSpreads.com, there are also some drawbacks that should be considered before opening an account.
One of the main advantages of trading with CoreSpreads.com is that the broker offers competitive spreads on a wide range of assets. In addition, the broker provides its clients with leverage of up to 1:200 which can be beneficial for traders looking to take advantage of small price movements in the market. Another benefit of trading with CoreSpreads.com is that the platform is easy to use and navigate, even for beginners.
However, there are also some drawbacks to consider before trading with CoreSpreads.com. One downside is that the broker does not currently offer a mobile trading app which can make it difficult to trade on the go. In addition, the customer support offered by CoreSpreads.com is not as comprehensive as what is offered by some other brokers in the industry.
Conclusion
We hope you have found this CoreSpreads review to be helpful in your decision-making process. The company has a lot to offer its clients, including low spreads, a wide range of markets and excellent customer support. However, there are also a few drawbacks to consider, such as the lack of a demo account and the limited payment methods available. Overall, we believe that CoreSpreads is a great option for those looking for a reliable and user-friendly online broker.