Platform Name: Brokereo
Platform URL: https://www.brokereo.com
Company: Concorde Investments (Cyprus) Ltd
Location: Limassol, Cyprus
Address: Pavlou Nirvana No. 4, Alpha Tower, Office N13, 3021 Limassol, Cyprus
License: License No. 189/13 Cyprus Securities and Exchange Commission
Supported Languages: English, Portuguese, Dutch, German, Italian, Spanish and Swedish
Payment Methods: MasterCard, Maestro, Skrill, Neteller, Visa, V Pay
Awards: Best Retail FX Broker Europe – The European Global Banking & Finance Awards 2020
Brokereo is a Cyprus based regulated online CFDs brokerage platform that offers a range of CFD instruments ranging from cryptocurrencies to major indices. The platform takes pride in offering one of the fastest trading platforms with high-security standards and some of the lowest fees in the industry.
On Brokereo, traders gain access to more than 300 CFD instruments including cryptocurrencies, forex, stocks, indices, commodities and metals over a highly efficient and reliable trading platform. Created keeping the diverse global trading community in mind, the platform is available in multiple languages across various device types. Users with varying experience levels in CFD trading can use the Brokereo platform with the same ease and familiarity as other, as it implements the tried and tested MetaTrader 4 interface accessible over web browsers, desktop software and mobile phones.
The MetaTrader 4 based Brokereo WebTrader interface can be accessed readily using the browser on any device connected to the internet. It offers almost all the features of a full-fledged MetaTrader 4 desktop trading application without the need for installing any additional software. Some of the features include a user-friendly customizable interface that can be arranged as per individual’s taste and requirements; precise analytics with visualization, courtesy of the whole suite of analytical and charting tools offered in the package and live market feed provided by Brokereo. The one-tap trade execution capability available in different execution modes further simplifies the trading experience.
The MetaTrader 4 desktop software, available for Windows and macOS powered PCs offers a highly functional, transparent and secure trading interface along with additional analytical tools and customization options, on top of what is available with the WebTrader interface. Similarly, the MetaTrader-based mobile applications for Android and iOS phones can be downloaded from their respective app stores to trade on-the-go without a significant compromise on the features list.
Brokereo offers retail and professional accounts that meet the needs of traders with varying skill levels and risk appetite. The three different retail account types on the platform are Silver (for beginners), Gold (for accomplished traders), and Platinum (for competent traders). Based on the account type, users can trade over 300 CFDs at leverage ranging from 1:30 up to 1:500, swap discounts of up to 50% and minimum spreads start from 0.3. The platform offers Islamic accounts for all account types, along with market news alerts and hedging facilities.
Professional traders with a financial instrument portfolio exceeding EUR 500,000 and considerable trading experience can benefit from Brokereo’s professional accounts with features like margin drops of up to 15%, up to 1:500 leverage, swift order execution with 100 GB/s bandwidth and super-tight spreads.
Opening a retail account on Brokereo is a simple and straightforward process that requires users to provide their full name, email address, phone number and set a preferred password for the account. Once the account is created, they will have to fill a questionnaire, fulfill the basic KYC requirement and make a minimum deposit of €250 to start trading.
Brokereo offers convenient deposit and withdrawal options by supporting a range of payment methods. The list of supported payment channels on the platform includes leading credit and debit cards, wire transfer and popular electronic wallets and payment systems like Skrill, WebMoney and Neteller. Except for wire transfer that takes few business days to clear, deposits made using other payment methods reflect almost instantly in the user’s account. Similarly, all withdrawals are processed by the platform within 24 hours of raising the request.
Support and Security
The highly skilled customer support team at Brokereo is always prepared to resolve any queries or complaints within the shortest possible time frame. The highly skilled team members can be reached during the weekdays, Monday to Friday between 8 AM and 5 PM GMT across multiple channels including live chat, telephone (+448000318430) and email ([email protected]).
Apart from the regular customer support, the platform also has a trove of educational resources in the form of videos on demand, ebooks, online courses and tutorials that not only explains how to use the platform but also helps users improve their trading skills. All these learnings can then be put to test on Brokereo demo trading platform before placing actual trades in the live environment.
Brokereo takes platform security seriously. It implements SSL and other industry-standard cybersecurity measures to safeguard the personal and financial information of its users as well as the funds held by the platform. In addition, it also has efficient risk management systems to safeguard the interests of its trading community.
Brokereo displays all the hallmarks of a good CFD trading platform, with advanced flexible features and a long list of trading products. Apart from being a regulated platform, it has also won the award for being the best FX Broker in Europe, which further adds to its value as a CFD platform of choice. In short, Brokereo is a platform worth trying out.
This article is for marketing purposes only and it should not be treated as investment advice