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CORE SPREADS Company

  

Core Spreads Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Core Spreads was established in 2014, emerging as a modern brokerage firm aimed at providing traders with access to competitive pricing and a user-friendly trading environment. The company focuses on offering spread betting and Contracts for Difference (CFDs), catering primarily to retail clients.

  

Parent Company/Ownership Structure

  Core Spreads operates under the ownership of Finsa Europe Ltd., which has a strong presence in the online trading industry. This parent company structure allows Core Spreads to benefit from established operational practices and regulatory compliance.

  

Headquarters Location

  The headquarters of Core Spreads is located in London, United Kingdom. This strategic location places the company in one of the worlds leading financial hubs, facilitating access to a wide range of financial markets.

  

Global Business Scope

  Core Spreads serves clients in over 150 countries worldwide, providing trading opportunities across various asset classes. The broker has expanded its services to cater to a diverse international clientele, including traders from Europe, Australia, and South Africa.

  

Main Regulatory Bodies

  Core Spreads is regulated by several reputable authorities, including:

  • Financial Conduct Authority (FCA) in the UK
  • Australian Securities and Investments Commission (ASIC)
  • Financial Sector Conduct Authority (FSCA) in South Africa
  • Securities Commission of the Bahamas (SCB)

  These regulatory bodies ensure that Core Spreads adheres to strict compliance and operational standards, enhancing the trustworthiness of its trading services.

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2014, Core Spreads has achieved significant milestones, including the launch of its proprietary trading platform, Core Trader, which is designed for spread betting. The introduction of the MetaTrader 4 (MT4) platform for CFD trading further diversified its service offerings.

  

Business Expansion Journey

  Core Spreads has steadily expanded its operations, transitioning from a UK-centric broker to a global player in the financial services industry. The broker has established branches in Australia and South Africa, allowing it to tap into these growing markets.

  

Customer Base Growth

  Over the years, Core Spreads has cultivated a diverse customer base, attracting both novice and experienced traders. The broker's competitive pricing and user-friendly platforms have contributed to its increasing popularity among retail traders.

  

Platform Development History

  The development of Core Trader and the customization of the MT4 platform have been pivotal in enhancing the trading experience for users. The Core Trader platform offers fixed spreads, while the MT4 platform provides variable spreads, catering to different trading preferences.

  

Important Awards or Recognitions Received

  Core Spreads has received recognition for its services, including the title of "Best Value Forex Broker" at the UK Forex Awards in 2017. Such accolades highlight the broker's commitment to delivering competitive trading conditions.

  

3. Trading Services Offered

  

Forex Trading Options

  Core Spreads offers trading in over 40 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to capitalize on various market movements and exchange rate fluctuations.

  

Stock Trading Options

  Traders can access a wide range of equities, with over 1,000 stocks available for trading. Core Spreads provides access to UK, US, and European equities, allowing clients to diversify their portfolios.

  

CFD Trading Products

  Core Spreads offers a variety of CFD products across multiple asset classes, including indices, commodities, and shares. The availability of CFDs enables traders to speculate on price movements without owning the underlying assets.

  

Other Financial Instruments

  In addition to forex and stocks, Core Spreads provides trading opportunities in commodities, such as gold, silver, and oil. However, it does not currently offer cryptocurrencies or futures, which may limit some traders looking for those specific assets.

  

Special Services or Unique Advantages

  Core Spreads distinguishes itself with several advantages:

  • No minimum deposit requirement for opening a live account
  • Tight fixed spreads on spread betting accounts
  • A proprietary platform designed for ease of use and rapid execution
  • 24/5 customer support to assist traders with their queries

  

  

Detailed Regulatory Information

  Core Spreads operates under the following regulatory bodies:

  • FCA (UK)
  • ASIC (Australia)
  • FSCA (South Africa)
  • SCB (Bahamas)

  These regulators impose stringent requirements on the broker, ensuring transparency and client protection.

  

  Core Spreads operates as Finsa Europe Ltd. in the UK, Trade Nation Australia Pty Ltd. in Australia, and under the FSCA in South Africa. Each entity adheres to local regulatory standards, providing a secure trading environment for clients in their respective regions.

  

Client Fund Protection Measures

  Client funds at Core Spreads are held in segregated accounts at reputable banks, such as Barclays in the UK and Westpac in Australia. This segregation ensures that client funds are protected and cannot be used for operational purposes.

  

Countries/Regions Served

  Core Spreads caters to clients in over 150 countries, excluding regions with specific regulatory restrictions, such as the United States, Iran, Syria, Cuba, and North Korea.

  

Compliance History

  Core Spreads has maintained a strong compliance record, consistently meeting the regulatory requirements set forth by its governing bodies. This commitment to compliance enhances its reputation as a trustworthy broker.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Core Spreads faces competition from several well-established brokers, including:

  • IG Group
  • AvaTrade
  • FXPro
  • CMC Markets

  These competitors offer similar trading services and have established reputations in the industry.

  

Positioning in the Industry

  Core Spreads positions itself as a low-cost trading broker with a focus on providing tight spreads and a user-friendly trading experience. Its commitment to transparency and regulatory compliance further strengthens its standing in the competitive landscape.

  

Market Differentiation Factors

  Core Spreads differentiates itself through:

  • A proprietary trading platform designed for ease of use
  • No minimum deposit requirement, making it accessible to a broader range of traders
  • Competitive fixed spreads on spread betting accounts
  • A strong regulatory framework that enhances client trust

  

Conclusion

  Core Spreads has established itself as a reputable broker in the online trading industry, offering a range of services tailored to meet the needs of diverse traders. With its strong regulatory framework, user-friendly platforms, and commitment to competitive pricing, Core Spreads continues to attract clients globally. For more information on Core Spreads and to explore its trading offerings, learn more here.

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