Brokereo Experience and Test 2021

3.9
Rated 3.9 out of 5
Excellent50%
Very good25%
Average6%
Poor6%
Terrible13%
3.9
Rated 3.9 out of 5
Excellent50%
Very good25%
Average6%
Poor6%
Terrible13%

Brokereo Experience and Test 2021

71% of retail investor accounts lose money, …

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Brokereo

3.9
Rated 3.9 out of 5

16
Rating

Overview

Brokereo was founded in 2020 and it is the operating name of Concorde Investments (Cyprus) Ltd. Brokereo is regulated and sanctioned by the Cyprus Securities and Exchange Commission (CySEC). The broker offers 300+ trading CFDs instruments on a variety of asset classes like forex, cryptocurrency commodities, stocks, metals and indices.

The broker mainly offers three types of trading accounts such as silver, gold and platinum. A trader can trade on MetaTrader 4 platform. The broker offers customer support service from Monday to Friday 8.00 am to 17.00 pm GMT through email, telephone and live chat.

The headquarter of the Brokereo is located at Pavlou Nirvana No 4, ALPHA TOWER, Office N 13, 3021 Limassol, Cyprus. A trader can use educational and research material to predict the future market of the assets. For beginners and professional investors, it is the best online forex broker in the market for its services and features. Before investing money in trading, a trader has to deposit the initial amount of money into the trading account that is $250

Is Brokereo Scam: Regulations

Brokereo is the legit broker in the market which is regulated and approved by the Cyprus Securities and Exchange Commission (CySEC). Funds of the investor are completely secure and safe on the trading platforms. The broker mainly offers three types of reading account to the investor such as silver, gold and Platinum.

The platform that the Brokereo offers is a popular choice of beginners and the professional level of traders. Brokereo uses the upgraded technology to secure the transactions of investors.

Our recommendation: Trading at Brokereo Experience and Test 2021

  • Withdrawal of funds is swift
  • Cross-trading platform available
  • Access more than 10000 markets for trading
  • Minimum spreads start from 0.03 pips
  • Zero commissions on deposits and trading

 

Recommended Broker

3.9
Rated 3.9 out of 5

Advantages and disadvantages of Brokereo Experience and Test 2021

  • The brokerage company offers commission-free trading to all investors.
  • A trader has a choice of 300+ FDs instruments.
  • Brokereo offers a demo account for beginners.
  • The minimum deposit is $250 to start trading with Brokereo.
  • Broker doesn’t offer MetaTrader 5 platform for trading.

Brokereo Trading Account Types

Brokereo generally offers three types of trading account to the investors such as silver, gold and platinum.  It also offers a free demo account.

Silver Trading Account

Generally, the silver trading account is for beginners who start trading recently and gain knowledge about the trading. In a silver account, a trader can own 45+ currency pairs, 180+ stocks, 20 indices, metals like Silver and Gold, crude oil and many more popular assets.

What are the key features of the silver trading account?

  • In the silver account, the spread starts from 1.
  • The maximum  FX leverage for professional clients up to 1:200
  • The available base currency of the silver account is EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP.
  • Brokereo doesn’t charge commission in the silver trading account.
  • Broker provides a 24/5 customer support service to the investors.
  • A trader can trade 300+ CFDs on assets.
  • The average execution speed 1.
  • Margin call/ Stop-out 100%/50%.
  • The account currency is USD/GBP/EUR.
  • The execution Model is STP.
  • The accounts holders have a personal manager.
  • Hedging is allowed by the broker. 

Gold Trading Account

Gold account is basically for the intermediate in trading because in which the features are advanced as compared to the silver account. A trader can trade Instant access to international markets and 300+ CFDs on a variety of currency pairs.  

What are the key features of the gold account?

  • Spread starting from 0.4
  • The available base currency of the silver account is EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP.
  • The brokerage company doesn’t charge any commission while trading in the gold trading account.
  • The customer’s full support is provided by the broker for the problem solving of the investor.
  • A trader can have 300+ CFDs on assets.
  • A trader can deposit an unlimited amount of money into the trading account, the broker doesn’t charge any commission on trading.
  • The account currencies are USD, GBP, EUR.
  • Average execution speed 1 second.
  • Margin call/ Stop-out for retail clients100%/50%.
  • The execution Model is STP.

Platinum Trading Account

It is the advanced level of trading account in which the investor all type of features and services which is necessary while trading. An investor has the option of leverage of 1:500 for trading.

What are the key features of the platinum trading account?

  • The spread starts from 0.3.
  • The available base currencies in the platinum account are EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP and many more.
  • The brokerage company doesn’t charge any commission while trading in the market.
  • A trader can deposit unlimited money into the trading account.
  • Margin call/ Stop-out for Pro accounts 100%/15%.
  • The average execution speed is 1 second.
  • The execution Model is STP.
  • The account currency is USD, GBP, EUR.
  • A trader has a customer support service if any problem is facing while trading.
  • Negative Balance Protection

Brokereo Account Opening Process

Brokereo is one of the best online forex brokers in the market for its services and features. Before starting trading with Brokereo a trader has to deposit a minimum deposit of  $250.  Here is the essential step which is followed by the trader to open a trading account with Brokereo:

  • In the beginning,  a trader has to apply online on the official website of the Brokereo and fill the application form in which all the details related to the investor such as name, age, address, country, etc.
  • Then the trader has to give the answers to the questionnaire which is related to the trading goals and plans.
  • After that, new investors of Brokereo have to verify their trading account with their government ID card.
  • In the last, deposit $250 as an initial amount of money to start trading with Brokereo.

Our recommendation: Trading at Brokereo Experience and Test 2021

  • Withdrawal of funds is swift
  • Cross-trading platform available
  • Access more than 10000 markets for trading
  • Minimum spreads start from 0.03 pips
  • Zero commissions on deposits and trading

 

Recommended Broker

3.9
Rated 3.9 out of 5

Brokereo Trading Instruments

Brokereo offered a variety of tradable assets such as forex, cryptocurrency, commodities, stocks, metals and indices.

Cryptocurrency

  • A trader can trade CFDs for Bitcoin & 30+ other assets.
  • Brokers don’t charge any commission on trading.
  • A trader can freely deposit unlimited money into the trading accounts.
  • Cross-platform trading
  • A trader can trade on devices such as PC, Web and mobile.
  • Instant access to the global market.

Forex

  • A trader can trade on 45+ CFD currency pairs major, minor, exotic.
  • Leverage up to 1:400 (for professional clients).
  • It is regulated by CySEC.
  • Flexible platform for PC, web, mobile, and tablet.

Commodities

  • A trader can trade on CFD trading for Oil, Corn & 15+ commodities.
  • Instant access to the international market.
  • Cross-platform trading available for PC, web, and mobile phones..
  • The brokerage company doesn’t charge any commission on trading.
  • The broker offers 20+ analytical tools for trading.

Metals

  • A trader can trade on Gold, Platinum, Silver and other metals.
  • It is regulated by CySEC.
  • A trader has flexible platforms such as PC, web, mobile, and tablet versions.
  • The broker provides a customer support service to the investors.

Indices

  • A trader can trade on CFD trading on ASXSPI200, DAX30 & 15 more major world indices.
  • Cross-platform trading available for PC, web, and mobile phones.
  • Instant access to the global indices market.
  • A trader is completely free to deposit unlimited money into the trading accounts.
  • No commission is charged by the broker.

shares

  • 60 CFDs on popular international stocks.
  • Instant access to the market at any market hours.
  • No unexpected charges or fees will be charged by the broker.
  • A trader has cross-platform trading from one synchronized account.
  • Also, offers  150+ CFDs on stocks of renowned companies. 

Brokereo Commission & Spreads

  • The brokerage company offers commission-free traders to all traders.
  • The brokerage firm charges the inactivity fee from the traders if the investor is inactive in the market for more than 60 days.
  • The broker only charged the swap fee from investors.

Spread in silver account

  • Gold 3.00
  • Crude oil 1.00
  • Dax 5.00
  • EUR/USD 3.0
  • GBP/USD 3.5
  • USD/JPY 3.5

Spread in the gold account

  • Gold 1.80
  • Crude oil 0.40
  • Dax 3.75
  • EUR/USD 2.5
  • GBP/USD 3.0
  • USD/JPY 3.0

Spread in platinum account

  • Gold 1.50
  • Crude oil 0.30
  • Dax 2.50
  • EUR/USD 2.0
  • GBP/USD 2.5
  • USD/JPY 2.5

Brokereo Leverage

The brokerage firms offeres the maximum leverage of 1:400 to the professional investors and 1:200 to the retail investors.

But on the other side, the leverage amount is risky for the retail traders because if anything happens in the market then the investor bears the financial loss.

Leverage in silver account

  • Forex                              1:200
  • Metals                            1:50
  • Indices                           1:50
  • Commodity                 1:50
  • Cryptocurrency           1:2
  • Stocks                           1:10

Leverage in the gold account

  • Forex                         1:400
  • Metals                       1:100
  • Indices                      1:100
  • Commodity            1:100
  • Cryptocurrency    1:2
  • Stocks                      1:10

Levergae in the platinum account

  • Forex                          1:400
  • Metals                        1:125
  • Indices                       1:125
  • Commodity             1:125
  • Cryptocurrency     1:2
  • Stocks                      1:10

Brokereo Deposit and Withdrawal

  • The deposit and withdrawal option of the broker is via skrill, Neteller, MasterCard, Maestro, etc.
  • A trader can deposit unlimited money into the trading account.
  • The broker doesn’t charge any commission while depositing the money into the trading account.
Providers Brokereo
Swap charges Different on gold, silver and platinum accounts
Spreads Begins from 0.03 pips
Deposit commission No commission charged
Currency conversion Charges applied

Brokereo Trading Platform

The online brokerage firm offers three types of excellent trading platforms to the investors such as Web Trader, Mobile Trader and MetaTrader 4 platform. Each platform has unique features and functions which is helpful for the trader to predict the market conditions for investment. It also offers best in class automated trading  and exceptional trading conditions

Web Trader platform

It is one of the most common trading platforms which is offered by the Brokereo and in which the trader has all types of trading tools and indicators that are useful to predict the future price of the assets.

What are the features of the web trader platform?

  • Optimized search among 300+ CFDs on assets
  • Instant one-tap order control
  • Round-the-clock market access
  • Precise analytics with visualization
  • User-friendly customizable interface
  • The broker offers 20+ analytical tools for trading.
  • A trader no need to download the software for trading, they only need to log in to their trading account and start trading from anywhere.
  • It is an award-winning platform for investors.

MetaTrader 4 platform

MetaTrader 4 platform is the advanced level of the trading platform which is used by the investor in whihc the trader has a lot of tools and indicators. MT4 is a tech-tank of ultramodern solutions.

What are the features of the MetaTrader 4 platform?

  • A trader can customize the trading platform according to their trading plans and goals.
  • The platform is multifunctionality and has Instant, Request, Market, and Exchange execution modes.
  • The platform has transparency, you can keep track of order types and order operations.
  • Use the stop-loss function.
  • The platform performs different types of analytics.
  • With the help of this platform, it is easy to connect to the market.
  • It is an award-winning platform.

Company Details

Assets

  • Cryptocurrencies 30+
  • Commodities 15+
  • Shares 60+
  • Indices 17+
  • Metals
  • Forex 45+

 

Basics

  • Country: Cyprus
  • License: 189/13
  • Regulations: CySEC

 

Customer Service

  • Live Chat Support
  • Phone number: +35780092710

 

Our recommendation: Trading at Brokereo Experience and Test 2021

  • Withdrawal of funds is swift
  • Cross-trading platform available
  • Access more than 10000 markets for trading
  • Minimum spreads start from 0.03 pips
  • Zero commissions on deposits and trading

 

Recommended Broker

3.9
Rated 3.9 out of 5

Brokereo Mobile Trading Platform

It is the platform that is to be downloaded by the investor for trading. A trader can use this platform from anywhere in the world. The only need is to download the mobile trading app and start trading.  

What are the features of the Mobile Trading platform?

  • It is a 100% functional platform for investors.
  • You can download the software free of cost and start trading.
  • A trader can download on any type of device Android as well as ios.
  • The trader has full types of trading tools and indicators.
  • The complete account is in your hand you can customize the platform according to your need.
  • The trader has the option of Rapid price hikes, non-stop change of asset value, thousands of trades live, and complex trading instruments.

Brokereo Educational and Research Support

The brokerage company provides a variety of educational and research resources to the trades through VOD, Articles, Courses, Tutorials, Ebook. It is helpful to gain knowledge about the market. After that, a trader needs to practise on the demo account first and select the best trading strategies for trading in future. 

Brokereo Customer Support

The customer support service of the Brokereo is amazing for the investors because they are well educated and experience who solve their problem in a good manner. always take the best decision against it.

Email: [email protected]  

Address: Pavlou Nirvana No 4, ALPHA TOWER, Office N 13, 3021 Limassol, Cyprus

Phone number: +448000318430

Final Verdict

Brokereo service is extremely amazing and fantastic for investors. The trading platform of Brokereo provides a variety of advanced level tools and indicators, which is helpful to make a profit in the forex market. Moreover, an investor of Brokereo gives positive feedback in the trading market for their features and functions.

High-Risk Investment Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the complete Risk Disclosure Statement, which gives you a more detailed explanation of the risks involved.

Yes, Brokereo is a reliable broker in the market because it is regualted and approved by the Cyprus Securities and Exchange Commission (CySEC).

The broker offers maximum leverage of 1:500

The broker offers advanced trading platform Metatrader4

The minimum deposit is $250

Experiences
16

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