Core Spreads Review 2024

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Core Spreads is #66 in our rankings of CFD brokers.

Core Spreads Facts & Figures

Core Spreads is an FCA-licensed broker offering CFD and spread betting opportunities on a proprietary platform or MetaTrader 4. Traders can access more than 1000 instruments, including company shares, commodities, indices and forex. Spread bets have fixed spreads that start from 0.4 with no commission, while CFDs start from 1 pip plus a $1.50 charge per lot.

  • Reliable, FCA-regulated broker with FSCS protection and good customer service
  • Strong range of assets with 1000+ stocks and shares and 40 forex pairs
  • MT4 support plus proprietary platform for spread betting
  • Good spreads available on spread betting
  • Demo account on both platforms
  • Free deposits and withdrawals
  • No inactivity fee
  • CFD spreads and charges are more expensive than some competitors
  • Narrow range of CFDs
  • No MetaTrader 5 platform
  • Best Value Forex Broker 2017 - UK Forex Awards
Instruments Spread betting, forex, commodities, indices, equities
Demo Account Yes
Min. Deposit $0
Mobile Apps Yes (iOS & Android)
Min. Trade 0.01 Lots
Regulated By FCA
MetaTrader 4 Yes
MetaTrader 5 No
cTrader No
DMA Account No
ECN Account No
Social Trading No
Copy Trading No
Auto Trading Expert Advisors (EAs) on MetaTrader
Islamic Account No
  • Gold
  • Silver
CFDs Core Spreads offers CFD trading on 40 forex pairs plus 13 commodities, including metals and energies, and 13 global stock indices including the UK100 and US30. CFDs are traded through the MT4 platform with leverage up to 1:30 in line with UK regulations.
Leverage 1:30
FTSE Spread 1.0
GBPUSD Spread 0.6
Oil Spread 3.5
Stocks Spread Variable
Forex Core Spreads offers trading on 34 forex pairs through spread betting and 40 currencies through CFDs, with both vehicles covering major and minor pairs. Spread betting spreads start from 0.6 for EUR/GBP; CFD spreads are variable and start from 1.2 pips on EUR/GBP.
GBPUSD Spread 1.2
EURUSD Spread 0.6
GBPEUR Spread 1.2
Assets 40
Stocks Core Spreads traders can access spread betting on 1000+ UK, US and European stocks and shares, a decent selection. However, CFD stock trading is not available and clients cannot directly buy and own shares through this broker.
Spreadbetting Spread betting is available with very tight fixed spreads starting from 0.4 with no commissions. Core Spreads has a full asset list for spread betting, including 1000+ stocks and shares, 34 forex pairs, 16 global stock indices and five metals and energies.
Risk Warning – Your Capital is at risk

Core Spreads is an FCA regulated broker that specialises in CFD trading and spread betting. The broker offers over 1,000 instruments on their proprietary CoreTrader platform and CoreMT4. This UK review covers fees, mobile apps, minimum deposit requirements, spreads, leverage, demo accounts and more. Find out whether you should sign up with Core Spreads.

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.

About Core Spreads

Core Spreads was established in 2009 and is headquartered in London, UK. The broker operates under Finsa Europe Ltd, which is authorised and regulated by the Financial Conduct Authority. It is also fully compliant with the European Securities and Markets Authority (ESMA) and client funds are protected under the Financial Services Compensation Scheme (FSCS).

Trading Platforms

MetaTrader 4

MT4 is an industry-leading platform that offers a user-friendly interface to cater for all trading abilities. The CoreMT4 platform is designed exclusively for CFD trading. Clients benefit from:

  • 24/5 customer support
  • 50+ technical indicators
  • Ultra-fast execution speeds
  • 9 timeframes and multiple chart types
  • Multiple order types & one-click trading
  • Automated trading via expert advisors (EAs)
Core Spreads MetaTrader

MetaTrader 4

CoreMT4 can be downloaded on any desktop device or as a mobile app.


CoreTrader is the broker’s proprietary web platform. This platform has a simple interface with sharp execution speeds and comprehensive risk management features. CoreTrader is designed exclusively for spread betting clients.

Features include:

  • One-click trading
  • 24/5 customer support
  • One-click demo account
  • Fully customisable charts
  • Advanced technical analysis
Core Spreads desktop trading


CoreTrader can be accessed via any web browser or as a mobile app.


Core Spreads offers a wide range of 1,000+ assets. However, access to markets depend on the account type and platform.


  • Commodities – 13 metals and energies i.e. gold, silver and oil
  • Indices – 13 global stock indices i.e. JAPAN225, UK100 and US30
  • Forex – 40 major and minor currency pairs i.e. EUR/CAD and GBP/USD

Spread Betting

  • Commodities – 5 metals and energies i.e. gold and oil
  • Equities – Access to 1,000+ shares from the UK, EU and US
  • Forex – 34 major and minor currency pairs i.e. GBP/ZAR and USD/JPY
  • Indices – 16 global stock indices i.e. FRANCE40, HONGKONG50 and US500

Trading Fees

Spread betting accounts on CoreTrader have fixed spreads with no commission charges. Spreads on this account differ depending on the time of day. For example, typical spreads on EUR/USD are 0.6 pips and come with a standard margin of 3.33%.

On the other hand, CFD trading accounts on CoreMT4 come with variable spreads and a £1.25 commission per lot. Typical spreads on GBP/USD start at 1.2 pips with a margin of 3.33%.

Full details on each asset can be found under market information on the broker’s website.

UK Leverage

In line with UK trading regulations, leverage is capped at a maximum of 1:30:

  • Equities – 1:5
  • Commodities – 1:10
  • Major FX pairs – 1:30
  • Minor FX pairs and indices – 1:20

Mobile App

You can download a mobile app version of both CoreMT4 and CoreTrader platforms. The mobile app offers full access to markets, trading features and technical analysis tools. While the trading experience is much easier on the desktop, mobile trading allows you to respond to market shifts on the go. They are both available to download on iOS and Android devices.

Core Spreads mobile trading

MT4 mobile


Core Spreads offers a range of deposit methods for UK traders:

  • Skrill
  • Bank wire transfer
  • Debit and credit cards i.e. Visa, MasterCard and Amex

The broker does not charge any deposit fees. There is also no minimum deposit requirement to open a live account. E-wallet and debit and credit card payments are usually instant, while bank wire transfers can take a few days.


Core Spreads does not charge any withdrawal fees. However, a minimum withdrawal amount of £50 is required and must be funded back to the same deposit source. Withdrawal requests are usually processed within 24 hours. However, funds may take a while to appear in your account depending on the payment method chosen.

Demo Account

Core Spreads offers a free demo account on both CoreTrader and CoreMT4 platforms. Upon registration, you have to choose whether you want a spread betting or CFD trading account. You can then access up to £10,000 in funds. Once you’ve signed up, the demo login portal can be found on the broker’s website.

Before committing to a live account, you can practice your strategies with full access to markets and simulated trading conditions without risking real money.

Welcome Bonus

In line with UK regulations, Core Spreads is not able to offer sign-up bonuses to UK traders. This is because regulators restrict financial incentives to avoid unfair terms and conditions. However, exclusive offers and promotions may be found on the broker’s Twitter, LinkedIn and Facebook pages.

UK Regulation

Core Spreads is a trading name of Finsa Europe Ltd, which is registered in England and Wales. The company is regulated by the UK’s Financial Conduct Authority (FCA) under reference number 525164. FCA is a well-respected body with stringent regulations, such as strict auditing procedures, risk management and financial compliance.

In addition, Core Spreads UK retail clients are protected under the FSCS compensation scheme. Traders are insured with up to £85,000 should the broker go insolvent. The broker also adheres to the rules set by the European Securities and Markets Authority (ESMA).

Additional Features

Clients can access the Core Spreads blog, which provides daily trading insights and the latest market news. The blog is contributed to by experts like David Buik, Michael Wilson and Philip Konchar. The broker also offers tutorials on their platforms. You can learn how to utilise financial signals, trailing stops plus forex trading strategies like hedging, scalping, margin and more.

In addition, the website offers useful information on market holidays, expiry dates on futures, plus trading time changes in GMT.

Live Accounts

Core Spreads offers two account types with different features. They are distinguished by the type of trading and the exclusive platform.


This account is designed for CFD trading i.e. forex, indices and commodities. Features include:

  • £1.25 commission per lot
  • Minimum order of 0.01 lot
  • No minimum deposit
  • Variable spreads


This account is designed for spread betting on indices, forex, commodities, UK, US and EU equities. Features include:

  • Minimum order of £0.50
  • No minimum deposit
  • No commission
  • Fixed spreads

To register for an account, simply visit the ‘Create Account’ on the company’s website. In line with KYC policies, you will need to provide identification documents. You will also need to state your trading experience. Once your UK account has been verified, you can log in via the broker’s website.


  • FCA regulation & FSCS compensation scheme
  • No commission on CoreTrader account
  • No minimum deposit requirement
  • Negative balance protection
  • Fixed and variable spreads
  • Strong UK trader reviews
  • MetaTrader 4 platform
  • Proprietary platform
  • Free demo account


  • No Islamic swap-free accounts
  • Limited educational materials
  • No cryptocurrencies
  • No MT5 platform
  • No bonuses

Trading Hours

Core Spreads clients can access the platforms 24/7. However, trading hours will vary by instrument. For example, the forex market is only available from Monday to Friday. The broker is also closed on holidays to align with global financial markets. For more detailed information on opening and closing times by asset, visit the Markets section on the website.

Customer Support

You can contact the Core Spreads customer support team from Sunday 10 pm to Friday 10 pm GMT via:

  • Email –
  • Free UK telephone number – 0800 862 0780
  • LinkedIn – Regular updates and exclusive offers
  • London offices – 9th Floor 30 Crown Place, London, United Kingdom, EC2A 4ES


Client funds are secured in segregated accounts at Barclays Bank. Furthermore, clients are covered by the Financial Services Compensation Scheme (FSCS) scheme if the company goes out of business. Both platforms are also secured with data encryption, password protection and industry-standard privacy policies. Thus, clients can trust their funds with Core Spreads.

Should You Trade With Core Spreads?

Core Spreads is a legitimate, secure and FCA regulated broker with a wide range of assets, tight spreads and low to zero commissions. The broker also offers the reliable CoreMT4 and bespoke CoreTrader platform to suit different trading needs. Overall, CoreSpreads can provide a well-rounded trading experience for CFD traders and spread betting investors.


Does Core Spreads Offer A Demo Account?

Yes, Core Spreads offers a free demo account. This allows access to both trading platforms and up to £10,000 in virtual funds. To sign up, you simply need to provide basic personal information.

Is Core Spreads A Legitimate Broker?

Core Spreads is a legitimate and safe broker for UK retail traders. The broker is FCA regulated and adheres to ESMA guidelines to protect clients. Funds are also held in segregated bank accounts and are protected by the FSCS scheme. We are confident that Core Spreads is not a scam.

Is Core Spreads Regulated?

Yes. Core Spreads operates under Finsa Europe Ltd. The company is licensed and regulated by the Financial Conduct Authority (FCA) under firm reference number 525164.

How Much Capital Do I Need To Trade On Core Spreads?

The broker does not have a minimum deposit requirement on either account. So you don’t need a large pot of capital to open a live account and start trading. Deposits can be made in GBP so UK traders won’t have to pay currency conversion fees.

What Trading Platforms Does Core Spreads Offer?

Core Spreads offers two trading platforms. This includes the bespoke CoreTrader platform for spread betting and the industry-leading CoreMT4 platform for CFD traders. Each platform is tied to the account type and offers different features. For example, the spread betting account offers fixed spreads with no commission. On the other hand, the CFD trading account comes with variable spreads and a £1.25 commission per lot.

Compare Core Spreads with Other Brokers

These brokers are the most similar to Core Spreads:

  1. Admiral Markets - Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
  2. IG Index - Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
  3. Pepperstone - Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for traders at all levels.

Core Spreads Feature Comparison

Core Spreads Compared With Similar Brokers
Core Spreads Admiral Markets IG Index Pepperstone
Rating 3.9 3.5 4.4 4.8
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto
Minimum Deposit $0 $100 $0 $0
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Demo Account Yes Yes Yes Yes
Bonus - - - -
Education No Yes Yes Yes
Platforms MT4 MT4, MT5 MT4 MT4, MT5, cTrader
Leverage 1:30 1:30 (EU), 1:500 (Global) 1:30 (Retail), 1:222 (Pro) 1:30 (Retail), 1:500 (Pro)
Review Core Spreads
Admiral Markets
IG Index

Trading Instruments Comparison

Comparison of Core Spreads Trading Instruments
Core Spreads Admiral Markets IG Index Pepperstone
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Crypto No Yes No Yes
Commodities Yes Yes Yes Yes
Oil No No Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes Yes
Silver Yes Yes Yes Yes
Corn No No No Yes
Futures No No Yes No
Options No No Yes No
ETFs No Yes Yes Yes
Bonds No Yes Yes No
Warrants No No Yes No
Spreadbetting Yes Yes Yes Yes
Volatility Index No Yes Yes Yes

Core Spreads vs Other Brokers

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Core Spreads is an FCA-licensed broker offering CFD and spread betting opportunities on a proprietary platform or MetaTrader 4. Traders can access more than 1000 instruments, including company shares, commodities, indices and forex. Spread bets have fixed spreads that start from 0.4 with no commission, while CFDs start from 1 pip plus a $1.50 charge per lot.