Comparing the Different Spread Betting Companies

Highlights at CoreSpreads

CoreSpreads offer tight spreads, fixed spreads across 1000s of markets on their exclusive CoreTrader2 platform. They also offer the ever-popular Meta Trader 4 platform. CoreSpreads have two operations, one based in the UK (regulated by the UK FCA) and the other based in Australia (under ASIC)

Sign up with CoreSpreads UK here.
Sign up with CoreSpreads Australia here.

Markets Covered

Trade on over 2,000 worldwide spreads including Indices, Shares, Forex, Commodities (including precious metals, energies and soft) and Bonds. Prices are also quoted for Bitcoin, Ether and Ripple.

Overview of the CoreSpreads Trading Platform

Trade Responsibly! 66.6% of CFD Clients Lose Money.

Training Facilities

Latest market news and know-how is covered including video podcasts covering markets and trading insights.

They also offer “Signals” which is 3rd party software for free on the platform as long as the account is funded.

Typical Spreads

FTSE 100 Shares: 0.05% either side
FTSE 250 Shares: 0.1% either side
FTSE 350 Shares: 0.15% either side
EU Equities: 0.10% either side
US Equities: 2 cents per side
FTSE 100: 1 point
Wall Street: 1 points
US Tech 100: 1 points
EUR/USD: 0.6 points
GBP/USD: 0.8 points
USD/JPY: 0.7 points
Gold: 3 points

Dealing Commissions and Fees

No fees for credit card deposits. No fee for deposits by BACS or direct debit.

Financing Charges

Overnight Charges: Libor +/- 2.5%.


Accounts Available and Credit Facilities

Deposit Accounts. No Credit.

Minimum Stake and Deposit

Core Trader 2 minimum stake is £0.50 per point, £0.10 for Crypto and US shares. On Mt4 FX is 10p (10 cents) and indices is £1 ($1). No minimum deposit.

Futures

Futures bets are available for indices and bond contracts. Clients pay half the spread to roll into the next contract month.

Stop and Limit Orders Available

Offer contingent/Trailing and Non and Guaranteed stops but not OCOs (unless the stop or limit is attached to an open position then the order is deleted once the trade has been closed).

Basis for Triggering of Stops

Your stop loss will be executed when CoreSpreads' bid/ask price reaches your stop loss level..

Opening Hours

Open for trading 24/5 (Sunday 10PM - Friday 10PM, London Time).

Research and Charting

Inhouse charting software with 10 chart display modes and over 90 technical indicators.

Support

Good e-mail, live chat and telephone support.

Details and Signup Incentives

CoreSpreads offer very tight and fixed spreads on their web Core Trader 2 platform. Both the CoreTrader and MT4 platforms offer a demo account. Traders receive £10,000 in virtual trading funds with demo accounts.

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