Brokereo

Positive
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5

5/5

5

5/5
Positive
Neutral
Negative

Brokereo Experience and Test 2021

71% of retail investor accounts lose money, …

CySEC

Regulation

189/13

License

Customer Support

Brokereo

5

5/5

Brokereo

5

5/5

Overview

Brokereo is emerging as a top online trading broker website for all traders. It attracts the new generation of investors willing to explore various aspects of financial markets and trading. The brokerage firm is redefining the concept of excellent trading with ample resources. It is helping traders from different walks of life through stable ways of investments. The Brokereo review helps you realise benefits to be drawn through numerous trades, quick price hikes etc. 

Traders get to put their money on 300+ CFD assets and gain an advantage through the best trading opportunities. So read the Brokereo review and strategize your way to the horizon.

Brokereo review: Is Brokereo a scam? Regulations 

The broker is complying with the regulations and guidelines imposed by the European Union. It is a subsidiary of Neo Premium Investments (NPI) Ltd, which operates it with the domain name Brokereo.com. CySEC (Cyprus Securities and Exchange Commission) audits and regulates all activities of the broker. So, traders have an extra shield of protection, taking care of their interests. 

  • The license number CySEC: 189/13
  • Registration number: HE300828 

Office Address in Cyprus: Andrea Zappa 4, Ground floor, Office 1, Germasogeia, 4040, Limassol

Thus, the broker abides by all rules that need to be followed by a legit brokerage firm. It also has a physical address. So, these facts are testimony that Brokereo is the broker worth trusting and trading.

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5
5/5

Our recommendation: Trading at Brokereo

  • The broker provides an Islamic Account
  • It provides a dedicated account manager
  • Receive customised investment news 
  • Trade with a variety of assets 
  • There’s no deposit limit

Advantages and disadvantages of Brokereo

  • Top Regulation
  • Free demo account
  • Commission-free trading
  • Dedicated customer service
  • Free research and educational hub
  • MT5 Absent

Brokereo review: Trading Account Types 

The broker is offering three primary trading accounts for trading that are transforming the world. They are Gold, Platinum and Silver. These are among the top accounts globally, with multiple features and benefits for traders. 

Moreover, these accounts spice up the trading thrill for all investors worldwide. 

Silver Account 

The account is the best fit for beginners or novice traders who want to know about financial markets and their processes. It lays the foundation for a fledgeling investor. 

  • Get maximum forex leverage of 1:30
  • Hedging is applicable 
  • Availability of Islamic Account
  • News alerts for creating strategies
  • Minimum spreads start from 1.0
  • There’s no swap discount
  • Get 24/5 support
  • The availability of the fifth decimal
  • Get 300+CFDs on assets
  • Zero commission 
  • Personal manager available for traders
  • Videos and webinars are there
  • Islamic Account option attached 
  • Support from 10 AM to 8 PM
  • Available currency pairs: USD/CHF, GBP/USD, EUR/GBP, EUR/USD, USD/CAD, USD/JPY, AUD/USD etc.

Leverage for retail clients 

  • Cryptocurrencies: 2:1 
  • Stocks & shares: 5:1
  • Minor indices : 10:1
  • Major indices: 20:1
  • Energy commodities: 10:1
  • Commodities: 10:1
  • Gold: 20:1
  • Forex exotic pairs 20:1
  • Forex major 30:1

Spreads for Silver Account 

  • EUR/GBP 4.1
  • Crude oil 1.0
  • USD/CAD 4.1
  • Dax 5.0
  • EUR/USD 3.0
  • USD/CHF 4.1
  • GBP/USD 3.5
  • USD/JPY 3.5
  • Gold 3.0
  • AUD/USD 4.1
  • USD/CHF 4.1

Gold Account 

The account is for traders who have made some achievements in trading and know better about the financial market and the broker’s trading ways. It has better and upgraded features compared to the Silver Account. 

  • Get maximum forex leverage of 1:30
  • Hedging is applicable 
  • News alerts for creating strategies
  • Minimum spreads start from 0.4
  • There’s no swap discount
  • Availability of Islamic Account
  • Get 24/5 support
  • The availability of the fifth decimal
  • Get 300+CFDs on assets
  • Zero commission 
  • Personal manager available for traders
  • Videos and webinars are there
  • Islamic Account option attached 
  • Support from 10 AM to 8 PM
  • Available currency pairs: USD/CHF, GBP/USD, EUR/GBP, EUR/USD, USD/CAD, USD/JPY, AUD/USD etc.
  • A dedicated account manager is available 
  • Swap discount is 25 per cent
  • Leverage for professional traders is up to 1:200

Leverage for retail clients 

  • Cryptocurrencies: 2:1 
  • Stocks & shares: 5:1
  • Minor indices : 10:1
  • Major indices: 20:1
  • Energy commodities: 10:1
  • Commodities: 10:1
  • Gold: 20:1
  • Forex exotic pairs 20:1
  • Forex major 30:1

Spreads for Gold Account 

  • EUR/GBP 2.6
  • Crude oil 0.40
  • USD/CAD 2.6
  • Dax 3.75
  • EUR/USD 2.5
  • USD/CHF 2.6
  • GBP/USD 3.0
  • USD/JPY 3.0
  • Gold 1.80
  • AUD/USD 2.6
  • USD/CHF 2.6

Platinum Account 

The account is available for traders who have garnered the supreme experience or become veterans of the online trading fraternity. So, for investors who are close to perfection in predicting the market, the Platinum Account showers them with an abundance of chances. 

  • Get maximum forex leverage of 1:30
  • Hedging is applicable 
  • News alerts for creating strategies
  • Minimum spreads start from 0.3
  • There’s no swap discount
  • Get 24/5 support
  • The availability of the fifth decimal
  • Get 300+CFDs on assets
  • Availability of Islamic Account
  • Zero commission 
  • Personal manager available for traders
  • Videos and webinars are there
  • Islamic Account option attached 
  • Support from 10 AM to 8 PM
  • Available currency pairs: USD/CHF, GBP/USD, EUR/GBP, EUR/USD, USD/CAD, USD/JPY, AUD/USD etc.
  • A dedicated account manager is available 
  • Swap discount is 50 per cent
  • Leverage for professional traders is up to 1:200

Leverage for retail clients 

  • Cryptocurrencies: 2:1 
  • Stocks & shares: 5:1
  • Minor indices : 10:1
  • Major indices: 20:1
  • Energy commodities: 10:1
  • Commodities: 10:1
  • Gold: 20:1
  • Forex exotic pairs 20:1
  • Forex major 30:1

Spreads for Platinum Account 

  • EUR/GBP 1.9
  • Crude oil 0.30
  • USD/CAD 1.9
  • Dax 2.50
  • EUR/USD 2.0
  • USD/CHF 1.9
  • GBP/USD 2.5
  • USD/JPY 2.5
  • Gold 1.50
  • AUD/USD 1.9
  • USD/CHF 1.9

Brokereo review: Account opening

Any trader interested in registering with one of the accounts listed on Brokereo can do that by following three easy steps. 

Step 1

  • Visit official website of Brokereo and click on ” Open Account” tab
  • Write down all your basic information.
  • It may include mobile number, full name, email id and password
  • Check on remember

Step 2

  • In-depth or extra details are asked. Provide that detail
  • Follow the questionnaire and answer that 

Step 3 

  • Provide your documents for verification. It can be any government id or proof.
  • Make your deposit and start trading. 
5
5/5

Our recommendation: Trading at Brokereo

  • The broker provides an Islamic Account
  • It provides a dedicated account manager
  • Receive customised investment news 
  • Trade with a variety of assets 
  • There’s no deposit limit

Brokereo Review: Trading Instruments and Markets

The trading website provides several financial instruments for trading, including currency pairs, shares, commodities, metals, cryptocurrencies, and indices. In total, there are over 350 assets at no commission. Above all, the broker doesn’t charge anything extra on executing trades with any product and earns only from spreads, i.e., asking price minus bid price.

However, no real ownership is available for any product, and only Complex Financial Derivatives (CFDs) trading is allowed. Also, here are some of the top assets from Brokereo

Symbol Description Trading Hours Spreads (Starting From) Leverage (Maximum)
Currency Pairs
EURUSD Euro vs US Dollar 24H 0.7 500
GBPUSD Great Britain Pound vs US Dollar 24H 1.3 500
USDJPY US Dollar vs Japanese Yen 24H 0.8 500
AUDUSD Australian Dollar vs US Dollar 24H 1.1 500
Cryptocurrencies
ADAUSD Cryptos 00:00-23:59 floating 1:2
BABUSD Cryptos 00:00-23:59 floating 1:2
BSVUSD Cryptos 00:00-23:59 floating 1:2
BTCEUR Cryptos 00:00-23:59 floating 1:2
Commodities
Brent Oil Brent Crude Oil (ICE-EUR) 03:00 – 01:00 0.03 125
Cocoa Cocoa (ICE-US) 11:45 – 20:30 30 125
Coffee Coffee (ICE-US) 11:25 – 20:30 0.3 125
Copper Copper (CME) 01:00 – 00:15 0.0041 125
Shares
3M 3M Company. NYSE (USA) 16:30-23:00 0.21 50
ADOBE Adobe Systems Incorporated, NYSE(USA) 16:30-23:00 0.21 50
AIG American International Group Inc. NYSE (USA) 16:30-23:00 0.21 50
Alcoa Alcoa Inc. NYSE (USA) 16:30-23:00 0.21 50
Indices
CAC 40 CAC 40 Index Future (Euronext) 09:00 – 23:00 1.45 20
China Enterprise 40 China H-Shares Index Futures (HKE) 04:15 – 07:00 & 08:00 – 11:25 1.3 10
DAX 30 DAX 30 Index Future (Eurex) 09:00 – 23:00 1 20
Metals 
XAGUSD Silver vs US Dollar 01:00 – 24:00 0.037 10
XAUUSD Gold vs US Dollar 01:00 – 24:00 0.37 20
PALLADIUM Palladium (USD) 01:00 – 24:00 0.58 10
PLATINUM Platinum (USD) 01:00 – 24:00 3.1 10

Brokereo Review: Commission and spreads 

Like renowned brokers, Brokereo is not charging any commission or extra fee for depositing funds or withdrawing them from the account. So, it saves clients’ money. They can use the funds saved for buying more assets. 

Moreover, spreads are tighter with the broker. So, investors can cling to bigger profits. The minimum spreads start from 0.3.

Providers Brokereo
Currency conversion Charges applied
Spreads Begins from 0.03 pips
Desposits No commission charged
Swap charges Different on gold, silver and platinum accounts

Brokereo review: Leverage 

  • The broker has segregated sections for leverage. It may vary from assets to assets and account types. 
  • For retail clients, maximum leverage is up to 1:30 (as per European Union’s guidelines)
  • For professional clients, maximum leverage is up to 1:200
  • So, traders can use the category that suits them and invest in the market. 

Brokereo review: Deposit and Withdrawal

For deposit and withdrawal, traders can seek various services, including banking and e-wallets. 

  • Use bank wire transfer for deposits and withdrawals
  • Skrill
  • Neteller
  • Visa
  • VPay
  • Mastercard
  • Maestro Card

Brokereo Review: Trading Platforms 

Like the best brokers, Brokereo provides three standard trading platforms, WebTrader, MetaTrader4 and mobile application. They create a roadmap to the financial trading market for investors. The characteristics and features offered by different trading platforms fulfil the investment needs of each trader. 

WebTrader

The trading platform helps you keep the pulse of the market whenever it slides and surges. It has several trading indicators, charts and other services that can assist you with earning profits. It is user-friendly and delivers your needs swiftly. In addition, bidding on financial assets becomes simple with WebTrader. 

  • Get an advanced search bar.
  •  Nine various filters for achieving trading goals
  • Get charts view control
  • Access the market round the clock
  • Use visual indicators
  • Reach every market opportunity available
  • Survey detailed charts
  • Use arrows, Fibonacci, resistance lines and support
  • Trade 34/5 with WebTrader
  • Optimise the search

MetaTrader 4

The trading platform is known for its technological advancements rendering access to high-class operations and transactions in the financial market. In addition, it provides quality execution and consistent performance to investors while bidding for myriad assets. It is renowned for great analytics, trading execution, data encryption, trading history, tick chart etc. 

  • It is packed with user-friendly tools. 
  • Customisation is easy on MT4.
  • Exchange execution modes within seconds 
  • Track all your orders
  • Keep a check on trading operations and volumes
  • Get several analytical instruments like channels, lines, Fibonacci tools and the Gann. 
  • Receive a stop-loss function
  • Connect with the market in one-click
  • Place your order conveniently

Company Details

Assets

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

 

Basic

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

 

Customer Service

  • Live Chat Support
  • Phone number: +35780092710

 

5
5/5

Our recommendation: Trading at Brokereo

  • The broker provides an Islamic Account
  • It provides a dedicated account manager
  • Receive customised investment news 
  • Trade with a variety of assets 
  • There’s no deposit limit

Brokereo review: Mobile Application 

The mobile application is a part of a reliable technological ecosystem. You can achieve a non-stop trading thrill anywhere across the globe with a stable internet connection. The mobile app offers cutting-edge technology for all traders who want to track the slightest move of the market. Mobile app helps stay tuned with the latest price, news and trends of the financial market 24/7. 

  • Download it for free from iOS or Android platforms. 
  • It provides a full asset catalogue
  • Receive all reports of the financial market
  • Start one-click trading 
  • Join and trade different markets instantly 
  • Trade 300+CFD assets
  • Get financial instruments
  • Optimum mobility

Brokereo Review: Educational and research support 

When it comes to offering trading courses and providing educational aid to traders, Brokereo has an outstanding record. The material is designed especially for all investors from various backgrounds. Thus, the valuable information it provides works across different markets and spectrums. 

  • Trading articles: Learn about financial literacy, leverage trading, investing in huge assets, pros and cons of trading etc. Articles explain gratifying ways of investments through various techniques. A trader can know about different trading markets and instruments and methods of investment in them. 
  • Asset hub: It introduces subscribers to various investment categories, including indices, stocks, forex etc. It helps in analysing data of different markets.
  • Trading courses: These courses highlight the necessity of what a trader might need. It is bifurcated from beginners to advanced. Traders can learn what strategies to use during various market conditions. In addition, they help in knowing social trading, concepts, an overview of trading markets etc. 

Research support 

The broker renders research support to traders:- 

  • Trading signals: –  It helps in knowing when to enter the market. It is based on technical analysis. 
  • Economic calendar:- It enlists all market events, including monetary policy and economic indicators. 
  • Earnings reports season:- It aids in knowing the financial capabilities of different industrial moguls. 

Brokereo Review: Customer support 

Customer service is one of the essential aspects of the broker. Traders can connect with the executives through multiple channels and ways for resolving their queries related to financial markets. 

  • Use the contact us form and write down all your doubts and issues. 
  • Get in touch through social media platforms like Twitter, Instagram and Facebook.
  • Live chat support
  • Phone number: (+35780092710) Mon-Fri: 7 AM to 6 PM GMT
  • Email id: [email protected]

Conclusion:

The broker Brokereo is associated with Turkish Airlines EuroLeague. It reflects the credibility of the brokerage firm. Plus, it has several features that attract traders. Its trading signals, customer support, tremendous trading accounts, great platforms, tight spreads, and other characteristics drive traders to their required goals. It also offers news alerts and charts for strategising before investing in the market. 

FAQs

The minimum deposit of the broker is just $250. The spreads are also low. So, it is entirely an affordable platform.

Yes, it is safe to trade with Brokereo. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC). At the same time, it also offers top-notch security features like Firewalls and SSL. Moreover, you will get segregated bank accounts and robust safeguard tools.

The broker offers a wide range of educational material, including VODs, blogs, webinars, videos, courses, Ebooks, and more. Thus, it focuses on enhancing your knowledge.

Yes, Brokereo is a good forex broker for investors. It increases their money.

A trader has to follow three simple steps for creating an account on Brokereo. It takes a few minutes to complete them and start trading. For registration, provide personal details and click create an account, followed by offering important information and make deposits. 

The primary payment options include bank wire transfer, credit card, debit card and e-wallets. 

The broker offers indices, cryptocurrencies, commodities, forex, metals and stocks.

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