Brokerz, an online trading broker has been providing trading services to a global clientele since 2013. They are based in Saint Vincent and the Grenadines and offers a range of tradable assets across multiple markets, including commodities, stocks, indices, and CFDs for online trading via the MetaTrader 4 trading platform. The broker provides traders with a good selection of educational resources and offers a variety of different account types, with a required minimum deposit of $250.
Brokerz Review Introduction
In this Brokerz 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 Brokerz.
Brokerz Platforms & Tools
Brokerz provides its traders with the user-friend and powerful MetaTrader 4 trading platform. It is fully customizable and allows clients to trade over 30 currency pairs. The platform has a range of built-in tools and features, such as the MQL4 programming language that allows you to create your own custom trading indicator; VPS technology for traders who need to be connected to the market 24/5; the one-click functionality, which ensures fast execution of trades; and many others. MT4 is available as a desktop application for Windows and Mac computers, a WebTrader that runs directly on most modern web browsers, and mobile apps for Android and iOS devices.
They also provide traders with the Brokerz WebTrader, which is a user-friendly platform that synchronizes with the MT4 account. It can be easily accessed from the broker’s website as a web-based platform that can run directly on modern web browsers, including Chrome, Safari, Firefox, and Edge, without the need to install any additional software. There is also the Brokerz Mobile Trader, which is developed using the HTML5 programming language to provide traders with a state-of-the-art trading platform. It is compatible with smartphones that support HTML5.
Brokerz Research & Education
Brokerz provides traders with a good range of educational materials that help to improve their tradings skills and knowledge. They include the Trading School, which has a selection of educational articles covering a variety of trading topics; video tutorials; ebooks; and a trading glossary that contains some trading terms and their detailed explanations.
Brokerz Trading Accounts
The broker offers a choice of four account types namely: Classic Account, Gold Account, Platinum Account, and VIP Account. The accounts have unique features to meet each traders’ needs, and they are available on all the trading platforms. The minimum required deposits range from $250 on the Classic Account to $50,000 for the VIP Account.
Demo accounts are available for traders to practice their trading strategies using virtual funds without the risk of losing their money.
Brokerz Account Funding
The broker accepts a variety of account funding and withdrawal methods. They include Credit/Debit Cards and Fast Wire Transfer. The time it takes for funds to be processed may vary with the payment method used. Brokerz does not accept third party payments in compliance with its anti-money laundering regulations.
Brokerz Customer Service
The broker offers a dedicated customer support desk, and they can be reached through telephone, email, or by filling the form on their website.
Brokerz website is owned and operated by Brokerz Limited with registration number 24479 IBC 2018. However, there is no regulatory information on the broker’s website.
Brokerz Review Summary
Overall, Brokerz is an online trading broker that offers multiple tradable assets via a range of sophisticated trading platforms. They offer multiple trading account types, the required minimum deposit is $250. The broker provides clients with a good collection of educational resources.
It is worth mentioning that some of the trading products and services in this Brokerz 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 Brokerz 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.