71% of retail investor accounts lose money, …
Brokereo is an emerging forex and CFD brokerage platform that has been operating since 2020. But even after 2 years of being in the industry, the lack of clarity over its services and fee structure has given nothing but confusion. So, we took this upon ourselves and decided to research the broker to deliver an unbiased and detailed Brokereo Review.
Researching has never been easy; it took nearly two weeks for us to analyze the broker, its services, account types, fee, leverage offerings and, most importantly, its regulatory compliance, so you don’t need to look anywhere else to determine whether the broker’s profile matches your requirements.
In this research-backed Brokereo Review, we will be discussing some objective and unbiased insights into the services offered by the platform.
Brokereo is a new CFD & Forex broker launched in 2020 under Concorde Investments Ltd, formerly known as Skopalino Finance Ltd. The broker headquarter is located at Pavlou Nirvana No.4, ALPHA TOWER, Office N.13, 3021 Limassol, Cyprus.
Despite being new in the industry, the broker has already made a great reputation among global CFD traders thanks to its comprehensive trading services and features.
The platform allows trading on more than 300 CFD financial instruments across Cryptocurrencies, Currency pairs, Commodities, Stocks, Indices and Metals.
The most important aspect of choosing the best brokerage platform is to check for its regulatory approval. In this case, Brokereo is a legit trading platform, abiding by all the rules and regulations set up by the Cyprus Securities and Exchange Commission (License number 189/13).
At the same time, we scrolled down the internet to find out any scams associated with the platform. To our surprise, there was not a single Capixal scam-related complaint. Above all, the platform has secured 4.4/5 star ratings on Trustpilot.
Investors can check the broker’s website for detailed information on its regulatory authorities. Overall, considering all the above-listed points, it can be said that Brokereo is a legitimate broker, not a scam.
Brokereo has unique trading accounts that redefine market excellence. The broker is well aware of the significance of trading accounts for investors as they find individuality in their trading thrill in these. Thus, the broker has tailor-made the brokerage accounts with exclusive spreads and other features that are suitable for market trading.
Bronze is the basic trading account of the broker that has been made for beginners in the market. Traders can use the services of the account to invest and trade by learning from their market investments. The bronze account has the following features to offer:
Silver is the next level account of the broker after bronze; best fit for beginners and traders that have little market experience. The account has been designed with spread and leverage facilities that align with traders’ requirements.
Traders can have the following features to benefit from a silver account:
Gold account is designed especially for expert and professional traders. This account helps boost the traders’ confidence with improved conditions and enhanced features.
Brokereo gold account holders can enjoy the benefits of the following services:
The platinum trading account offered by Brokereo broker is for professional & high-volume traders. Thus, offering complete traders with premium trading conditions. The account has services tailored for investors so that they can invest easily and make the best use of their trading experience. Here are some top features of the platinum account:
The account opening process of Brokereo is quick and takes less than 15 minutes. All you to do is visit the official webpage of the broker (www.brokereo.com) and click on the “Sign Up” button and follow the below-listed steps:
Brokereo broker offers CFD trading on 300+ underlying assets across the following markets:
The best part of using Brokereo services is that it doesn’t charge any commission on trades. However, there are spreads in place, which are slightly lower than its other market counterparts.
The Brokereo spread charges may vary depending on the account type you choose. Here’s a detailed spread charges of the platform:
The broker has leverage to help them invest and open at a high market position with their initial investment. Brokereo.com offers maximum leverage of 1:30 for the bronze account and 1:200 for silver, gold, and platinum accounts. However, platinum account holders can have up to 1:500 maximum leverage.
Brokereo allows its users to deposit their funds with no limitation of minimum deposits. In addition, the traders can withdraw the funds by filling out an application form. The broker verifies the details and then transfers the funds within a day or two.
Users can deposit and withdraw funds in a variety of ways, including:
Brokereo offers services through its next-generation trading platforms: MetaTrader4, Webtrader, and Mobile application. These platforms offer advanced trading tools like signals, indicators, and other advanced analysis tools. In addition, traders can study and research the market to enhance knowledge and market understanding.
MetaTrader4 is a desktop software that was developed by MetaQuotes in 2005 for Forex trading. But, with the user-friendly interface of the trading platform, it has been widely used with other ranges of markets and instruments. The platform provides high-speed and class operational access to the global markets.
Designed with the execution quality that ensures consistent performance of the traders 24/7. Here are some top MT4 features:
Webtrader is a web-based trading platform, offering advanced trading tools and interactive features, including:
The Brokereo app allows users to have nonstop trading thrills anytime and anywhere. It is a cutting-edge service that keeps the trader connected with the market 24×7. Investors can know the rapid price hikes and fluctuations of the price of assets.
Here’s a list of features offered by Brokereo app:
The education and research service of the broker is the best, as traders can enhance their knowledge and analyze the market using research & educational tools. Additionally, the platform offers leading education solutions that will enhance the trading skills of clients and assist them in the process of asset selection, studying trading strategies and understanding market trends.
The customer support team of brokereo is available 24 hours and has been trained to offer professional services. Clients can connect the team using the below-given methods:
Combining all the aspects we have discussed so far in this Brokereo review; the broker seems to offer the best-in-class trading services. Additionally, it offers several unique features attractive to beginners through its proprietary trading platform. However, the platform is slightly pricey, offers only a small selection of tradeable products, and lacks round-the-clock customer support.
To log in to the Brokereo account, you are required to provide the username (email address) and password details by clicking on the Login option placed on the home page of the official website.
The account deletion request on Brokereo can only be raised through customer support. In case you want to delete your account, contact the Brokereo Contact number at +35780092710.
The Brokereo charges Brokerage through spreads, which vary depending on the chosen account type:
To deposit funds in your Brokereo account, follow the below-mentioned steps:
To withdraw funds from your Brokereo account, follow the below-mentioned steps:
The advantages of investing with Brokereo include a cutting-edge Trading Platform, 24×5 Professional Customer support, Commission-free trading, Advanced Analytical Tools, 300+ CFD trading instruments and Fast Trade Execution. Meanwhile, the disadvantages include high swap charges and the unavailability of MT5.
Glo balr`e`c`o`v`e`r`y`fu nd s :o, r g, has really helped, they have been fighting a case for me since last week and we finally got a success this today. I appreciate the entire team
I will like people to know that this company is a scam, I was a victim but I got help from Benstow.
Never but never get in contact with this company. They call you almost every day when you are inactive. Didnt pick up the calls, and im very sure they sold my contact information. Because I receive calls from different numbers from different countries multiple times a week.
One of the best trading platform on the market at the moment. A good broker for trading cryptocurrencies, stocks, and a wide range of digital assets available. It is worth trying for both beginners and advanced traders. I recommend brokereo. to the best professionals in their field.
A really great platform, regulated by CySEC. It works very fast, and is reliable – the support group is always there to answer and solve issues. Thank you so much for this awesome and reliable platform.
They are very informative and very responsive and have many educational materials. Highly recommended, mainly due to the fact that they professionally solve problems, doubts, and questions of any kind, both for those who are just starting out and for those who are more advanced in trading.
An excellent platform with very good alternatives for trading,Brokereo is trustworthy, they offer commission-free trading and a wide range of cryptos available. Overall reliable trading platform.
The broker is reliable with a very good, feature-rich platform! Overall fantastic.
You can earn money with the withdrawal of funds, there are no problems, I am pleased. The commission is low and can be managed easily.
I’m really satisfied with my experience. The best conditions I’ve seen so far, amazing customer support and account manager. Also, the training program on this platform taught me a lot. Thanks to it I began to understand how to earn on cryptocurrency.
Brokereo offers good conditions. Having tested this broker, I can say that everything is in order with the license, the set of tools is quite wide, and besides, I liked how the support service works.