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Brokereo is a Forex broker founded in 2023 in Cyprus. It accepts only European traders with the exception of the UK, Czech Republic and Belgium.
Brokereo - regulated broker?
Brokereo is a brand managed by Neo Premium Investments (NPI) Ltd (formerly Concorde Investments (Cyprus) Ltd). It is a fully regulated European Forex and CFD broker, which is regulated by the Cyprus Securities and Exchange Commission (CySEC). He also participates in the broker's insolvency compensation fund and keeps client funds separate from the company's funds in special segregated accounts.
Moreover, the broker signed up across Europe in local regulatory agencies such as the FMA (Austria), FSC (Bulgaria), HANF (Croatia), FI (Sweden), FSA (Denmark), AMF (France), BaFin (Germany) and CONSOB (Italy), MFSA (Malta), CNMV (Spain), etc.
What is the maximum leverage in Brokereo?
In accordance with the ESMA and MiFID II rules, European brokers can provide leverage up to 1:30 for major currency pairs. However, professional traders who have confirmed their status can get leverage up to 1:200.
Brokereo offers more than 350 Forex and CFD trading instruments, including 55 currency pairs, 30 cryptocurrency pairs, 255 shares of American and European companies, 22 stock indexes and 15 popular products. In addition, the broker offers CFDs on the Fusion Index to diversify the trading portfolio, which includes the BITA Covid-19 Vaccine Giants Index, which tracks the performance of companies developing vaccines to combat the pandemic, BITA Gold Lev 20x - Gold20IND, which tracks the dynamics of the spot price of gold, etc.
What types of accounts does Brokereo offer?
Broker Brokereo offers three types of trading accounts:
- Silver. An account for novice traders with a minimum spread of 1 point.
- Gold. An account for experienced traders with a minimum spread of 0.4 points.
- Platinum. An account for professional traders with a minimum spread of 0.3 points.
The broker also offers Islamic accounts for Muslim traders.
What is the minimum deposit in Brokereo?
The minimum deposit in Brokereo is $250. You can top up your account using an international bank transfer, Visa/MasterCard payment cards, and Skrill and Neteller e-wallets.
The withdrawal fee is charged in the absence of activity on the account and is 50 euros.
Brokereo is a regulated European STP broker that provides a wide range of trading instruments, including stocks and cryptocurrencies, on the popular MT4 platform. Among the disadvantages, the broker accepts only clients from the EU, it does not have ECN accounts and spreads are not the lowest compared to other brokerage companies.
Before choosing a broker, we recommend that you read the reviews of Brokereo, as well as see our rating of Forex brokers.
|General Information of Brokereo|
|Year of foundation||2023|
|EURUSD Spread||3 pips|
|Base currencies||USD, EUR, GBP|
|Assets||Currency pairs, indices, stocks, metals, cryptocurrencies|
|Deposit replenishment||BankTransfer, Visa/MasterCard, Skrill, Neteller|
|Payment for inaction||+|
- The year of Foundation 2020
- Head office address Andrea Zappa, 4, Ground Floor, Office 1, Germasogeia, 4040, Limassol, Cyprus
- Maximum leverage 1:200
- Min. Deposit $250
- Regulation CySEC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Number of trading instruments 55
- The number of CFD instruments 300
- The number of metals 3