Brokereo is a regulated online retail broker that was launched in 2020 in Limassol, Cyprus. The broker provides traders with the sophisticated MetaTrader 4 trading platform for trading more than 350 financial markets, including forex, metals, indices, cryptocurrency, commodities, stocks, and more. There is a good selection of trading tools and educational resources that traders can find useful, and a client support team is readily available to assist at every point. Traders are offered multiple trading account options with a required minimum deposit of $250, zero commissions, and leverage of up to 1:30 and 1:500 for retail and professional clients respectively.
Brokereo Review Introduction
In this Brokereo review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Brokereo.
Brokereo Platforms & Tools
The broker provides traders with the advanced MetaTrader 4 platform, which is a popular trading platform developed in 2005 by the Russian software company, MetaQuotes. It is designed to suit traders of all levels as it has a user interface that is easy-to-use yet packed with advanced analysis and trading tools, such as one-click executions, stop and limit orders, technical indicators, and support for the automation of trades using expert advisors. The broker makes the MT4 platform available as a desktop application for Windows and Mac computers; a web version that can run directly on Chrome, Safari, Firefox, Edge, and other modern web browsers; and a mobile app that is compatible with smartphones running on Android and iOS. The mobile trading app allows traders to place trades and check trading positions from anywhere, even while on the move.
Traders also benefit from some standalone trading tools, including an Economic Calendar that shows the schedule of future market events along with their expected impacts.
Brokereo Research & Education
The broker’s website is loaded with several educational materials that help to improve clients’ trading knowledge and keep them in the know on the factors that move the financial markets. Some of these resources include news, learning articles, trading guides, eBooks, tutorial videos, and more.
Brokereo Trading Accounts
Traders are offered the following trading account options: Silver, Gold, and Platinum accounts. They have low spreads starting from 0.3 pips and a minimum deposit requirement of $250.
Brokereo Account Funding
Brokereo accepts the following payment methods for both account deposits and withdrawals: bank transfers, credit/debit cards, and some online payment processors.
Brokereo Customer Service
The broker has a knowledgeable client support team that is always available to respond to all traders’ general, technical, and account-related inquiries. The team can be reached via email, Live Chat, and telephone.
Brokereo is the trading name of Concorde Investments Limited Cyprus, which is authorized ad regulated by the Cyprus Securities and Exchange Commission (CySEC) with the license number 189/13.
Brokereo Review Summary
Brokereo is a regulated brokerage firm that offers over 350 financial instruments for trading online via the MT4 trading platform, which is available in the desktop, web, and mobile versions. They also offer trading tools, educational resources, and a client support team. There are multiple trading account options to choose from with a minimum deposit requirement of $250. No commission is charged on trades, while leverage of up to 1:30 and 1:500 is available for retail and professional clients respectively. The broker is regulated by CySEC.
It is worth mentioning that some of the trading products and services in this Brokereo review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Brokereo broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage 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.