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/10

CORE SPREADS

United Kingdom|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://corespreads.com/cn

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

CoreSpreads-DemoBravo

United States
MT4
2

Influence

C

Influence index NO.1

United States 3.08

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
CoreSpreads-DemoBravo MT4
Server Location United States

Influence

Influence

C

Influence index NO.1

United States 3.08

Surpassed 79.34% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 203 475 4830
support@corespreads.com
https://corespreads.com/cn
Floor 6, 14 Bonhill Street, London, EC2A 4BX

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 203 475 4830

Broker Information

More

Company Name

Trade Nation Financial UK Ltd

Company Abbreviation

CORE SPREADS

Platform registered country and region

United Kingdom

Company website
Twitter
Facebook
Linkedin

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

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CORE SPREADS · Company Summary

Company Summary

Company profile

General Information & Regulation

Core Spreads was founded in 2014,and is a Forex and CFD broker. Core Spreads claims that it is a trading name of Finsa Europe Ltd (a company registered in England and Wales under number 07073413) which isauthorised and regulated by the Financial Conduct Authority (under firm reference number 525164). Howver, After looking through FCA official webiste, no Finsa Europe Ltd is found on the reguation list. Therefore, this broker is likely an unregulated broker that traders should get away from.

Market Instruments

Core Spreads provides investors with financial instruments including Forex currency pairs, indices, gold, silver, stocks, and commodities.

Minimum Deposit

Core Spreads offers one trading accounts for all investors, requiring no minimum initial deposit, which seems the good options for regular traders to get started. However, since Core Spreads is an unregulated broker, traders should get away from it.

Core Spreads Leverage

In respect to trading leverage, the maximum leverage level for major forex pairs is capped at 1:30, 1:20 for minor pairs and 1:10 for commosities.

Spreads & Commissions

Spreads start at 0.6 pips for EURUSD, 1.2 pips for EURGBP, 2.2 pips for GBPAUD, 0.6 pips for AUDUSD, and commissions start at 1.25 EUR/1.40 EUR/1.5 USD per lot. Australian 200 Index (AUS200) spreads start at 1 pip and spreads for Germany 30 start at 1 pip with no commission payable. Spreads start at 3.5 pips for UK Crude Oil (Brent) and 3.5 pips for US Crude Oil (WTI) with no trading commissions. XAUUSD spreads start from 0.3 pips, and XAGUSD spreads start from 0.3 pips with trading commissions of 1.25 EUR / 1.40 EUR / 1.5 USD per lot.

Trading Platforms

Core Spreads offers traders CoreTrader, the spread trading platform that provides industry-leading & low-cost trading and sharp execution, along with all the tools needed to manage risk accurately. Core MT4, the leading forex trading platform that may giving traders access to market-leading floating spreads and lower commissions in the industry.

Deposit & Withdrawal

Core Spreads supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MASTERCARD, POLi.

Customer Support

Customer service support is based in London. The customer support is providing 24-hour, available in email and live chat.

News

WikiFX report: Exclusive: Core Spreads revenues down 17% in 2019, launches Trade Nation

NewsWikiFX report: Exclusive: Core Spreads revenues down 17% in 2019, launches Trade Nation

2022-04-01 17:42

Finsa Europe Ltd, which owns Core Spreads, reported revenues of £6.8 million (USD $9.1 million) for the year ending November 30, 2019, down from £8.2 million the year before. Despite the sales reduction, the company managed to cut costs, resulting in a net profit of £1.2 million in 2019, up from £0.8 million in 2018.

WikiFX
2022-04-01 17:42
News
WikiFX report: Exclusive: Core Spreads revenues down 17% in 2019, launches Trade Nation
WikiFX report: Core Spreads Review

NewsWikiFX report: Core Spreads Review

2022-04-01 17:31

Clients of Core Spreads get access to thousands of markets using two trading platforms: CoreTrader 2 and MetaTrader 4. Traders can trade forex in more than 30 of the most popular currency pairs, as well as gold, silver, and Brent crude oil, using Core Spreads' commodities choices, whether they want to trade CFDs or spread betting. Users can also trade shares from the United Kingdom, Europe, and the United States, as well as a variety of prominent indices.

WikiFX
2022-04-01 17:31
News
WikiFX report: Core Spreads Review
Core Spreads General Info

NewsCore Spreads General Info

2021-12-14 16:08

Read our full in-depth Core Spreads review and compare it to other Forex brokers before deciding if Core Spreads has the features you are looking for in a Forex broker.

WikiFX
2021-12-14 16:08
News
Core Spreads General Info
Core Spreads Review

NewsCore Spreads Review

2021-12-13 11:30

The Core Spreads as a brokerage company has been established in the UK with the goal to offer the best of possibilities for active traders.

WikiFX
2021-12-13 11:30
News
Core Spreads Review

User Reviews

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User comment

5

Comments

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寇寇。
more than one year
Don't know why but it feels safe. I don't know what to tell you, maybe it's because of their solid roots and history and all that, maybe it's because of their platform that feels so integrated and complete, but I feel treated well here.
2023-02-28 14:30
Reply
0
0
FX1205395544
more than one year
More and more clones come out and disappear then. This fake core spreads is not the first one and it won’t be the last one. As an experienced trader, my years of experience told me regulation is always on top of anything else. Do you agree?
2023-02-14 18:45
Reply
0
0
吕合金
more than one year
This is an unregulated company and anyone who is responsible for your money should see this fact and stay away from such companies or you will be in danger of being scammed! The most important thing is safety. If all your money is cheated, what is the point of other trading conditions?
2022-11-28 18:05
Reply
0
0
半江瑟瑟
more than one year
I trusted them so much but they disappointed me. Their customer service is really good that they can reply fast, but the withdrawal processing is too slow. Why the withdrawal speed can’t be as fast as the customer service response?
2022-11-27 13:55
Reply
0
0
机器人减肥,360德国溶脂
more than one year
Creating an account is a breeze. Taking partial gains or continuing trades is not straightforward due to the platform's lack of sophistication and the absence of position information on the chart. Customer support was quick, but not really helpful. Withdrawal are the major problem. They let you trade without validating you at signup, but they won't let you withdraw until you verify yourself, which takes a few of days.
2022-11-26 13:17
Reply
0
0
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