Freetrade vs Core Spreads

Freetrade or Core Spreads – which is better for UK traders 2024? Compare Freetrade and Core Spreads in this detailed breakdown of their platforms, features and fees.

Freetrade vs Core Spreads Comparison Table 2024

Freetrade	Core Spreads
3.5	3.9
Freetrade is ranked #63 among UK brokers.	Core Spreads is ranked #66 among CFD brokers.
Review	Review
Freetrade is a London-headquartered investing platform that offers zero-commission trading on thousands of UK, European and US stocks and ETFs through a beginner-friendly platform. Open a standard investment account, a self-invested pension or a stocks and shares ISA and start building a portfolio from as little as £2.	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.
Pros
FCA-regulated brand with FSCS cover for investors Thousands of US and UK stocks and hundreds of ETFs to choose from Very competitive pricing vs competitors with low fees and zero commissions Earn interest on uninvested cash with competitive rates Transfer/move ISAs from other accounts News and blog feed updated regularly Built-in customer support via live chat Fast revenue withdrawals Dividends on stocks	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
Cons
Competitors have larger selection of assets Trading platform lacks deep analytical tools Less suitable for active, high-volume traders Many countries not accepted No leveraged trading No demo account	CFD spreads and charges are more expensive than some competitors Narrow range of CFDs No MetaTrader 5 platform
Awards
Best Online Trading Platform 2020 - British Bank Awards Best Share Trading Platform 2019 - British Bank Awards People’s Choice 2019 - Good Money Guide Best New Investment Service 2019 - Consumer Investment Awards	Best Value Forex Broker 2017 - UK Forex Awards
FCA Regulated
Yes	Yes
Instruments
Stocks, ETFs	Spread betting, forex, commodities, indices, equities
Demo Account
No	Yes
Minimum Deposit
$0	$0
Payment Methods
Apple Pay Wire Transfer	Credit Cards Mastercard Skrill Visa Wire Transfer
Minimum Trade
£2	0.01 Lots
Regulator
FCA	FCA
Mobile Apps
Yes	Yes (iOS & Android)
iOS App Rating
4.3
Android App Rating
4.3
Margin Trading
No	No
MetaTrader 4
No	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Commodities
	Gold Silver
CFD
	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.
Assets
	40
GBPUSD Spread
	1.2
EURUSD Spread
	0.6
EURGBP Spread
	1.2
Freetrade	Core Spreads
Review	Review
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