Brokereo is an online broker that operates under Concorde Investments Limited, which is regulated by Cyprus Securities and Exchange Commission (CySEC). They have an office in Cyprus, from where they do their operation. As they are new, you may not get many honest reviews about them. As a result, our team has done extensive research to find out the Brokereo review. However, they might not be the best forex broker, but they are on the way to becoming one of the best.
Their awards and regulation may make them the best in the future. What else can make Brokereo best?
Well, we have listed them while did our research for the Brokereo review. Let’s get to know the offerings that can make Broekreo best.
Brokereo Review: Features
When we research for the forex brokers list, we came to know that all the available forex brokers want to be unique through their multiple features. However, few features may vary from brokers to brokers. Other than that, almost all the brokers offer some common features.
The following are the top-notch features offered by the Brokereo.
As per CySEC regulations, all the regulated brokers must provide security to the clients’ funds. For that, they have to follow some requirements, and Brokereo is not an expectation. First of all, Brokereo keeps the client’s fund separate from the company funds through segregated accounts in a bank. Secondly, retail clients can get negative balance protection. Finally, in the case of bankruptcy, clients will get their finds returned if they have any deposit, profits, or unused balance.
Thant is how investor protection program protects the clients’ fund.
Deposit & Withdrawals Methods
Brokereo supports numerous deposit and withdrawal methods, including wire transfer, Visa, Mastercard, Skrill, Neteller, etc. However, deposits and withdrawals can be made from the traders’ portal. But, deposit and withdrawal through wire transfer may take a few days to complete.
Brokereo provides its services through globally popular forex trading platforms MetaTrader 4, which has multiple usability features such as mobile platforms, web trading platforms, and desktop platforms.
- Web Trader:We trading platform is accessible through a web browser on any device. So, you don’t need to download any software or app on your PC or phone. It provides 5 different indicators alongside three chart types.
- Mobile Trading: Do you prefer phones over the PC? Then you may like the MetaTrader 4 mobile trading platform. They have the app for both iPhone and Android, which can be downloaded from Appstore or Google Playstore. Moreover, some of the unique mobile app features are real-time quotes, multiple asset trading, technical analysis through a few taps, and manage the account from anywhere.
- Desktop Platform: It is a very traditional system, where you will use the platform by downloading and installing it on the computer. However, the interface of the desktop platform and web platform are the same. So, it will feel the same.
Brokereo customer support is available through telephone, email, and live chat. However, you will get the support via live chat and telephone 5 days a week between 8 am to 5 pm GMT from Monday to Friday. On the other hand, you can send the email anytime, but you will get a reply on official time.
You can do your data-driven research through the calendar page and daily newsletter. The research facilities will give you the opportunity to make the decisions correctly when you invest a huge amount.
Whether you are a newbie or expert, you always have to keep yourself updated about the market trend and trading. To provide education support to the traders, Brokereo offers eBooks, courses, training, tutorials, video on demand, etc. These educational tools are accessible to all the account holders.
Brokereo Review: Account Types
Three types of Brokereo accounts are available for traders from small investors and large investors. They offer Silver, Gold, and Platinum accounts. However, all the accounts offer a zero commission structure with a maximum leverage of 1:300.
The offerings of all three accounts are almost the same except for the swap discounts and spread amounts.
Brokereo Review: Products
You will be surprised to know that, as a new broker, they cover almost all the popular markets and offers. For example, with one Brokereo account, you can trade cryptocurrencies, Forex, Metals, Indices, Shares, and commodities.
How to Trade with Brokereo?
Trading with Brokereo is just like a piece of cake. The trading method works in three steps,
- Open the account by filling up the form.
- Once you have to open the account, make a minimum deposit, which is $250.
- Then start trading whenever your account gets funded.
Brokereo Review: Pros
- Regulated by CySEC, which is safe.
- 350+ financial instruments
- MetaTrader 4 or MT4 web platform for anyone.
- Overnight swap fees are higher than the regular hours, but you will get the discounts too.
Brokereo forex broker reviews show us that they aim to build satisfied long-term trader. However, in the long run, they have the capability to do well, though they are still doing good as a new broker. Besides, we have found from the Brokereo review is that they are legit and have a big client base, which is increasing exponentially.
We will definitely recommend Brokereo to anyone regardless of their expertise. Please keep in mind that Broekreo is not available in the USA, Canada, and some other countries.