Brokereo is a recent name in the forex trading platforms. It is founded in 2020. It is a Cyprus based investment firm that deals with 350+ assets. It is ranked as best forex broker because it gives the forex investor the best experience of trading, which will be discussed in this Brokereo review. It is operated by Concorde Investment (Cyprus) Ltd, which is a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission under the license number 189/13. The Company that operates the Brokereo.com domain complies with the European Union Directive 2014/65/EU on Markets in Financial Instruments (MiFID II). MiFID creates a safeguarded financial market where investors are secured and protected. This broker can give services to the investors of Cyprus as well as to the investors of EEA member states such as Austria, Bulgaria, Croatia, Spain, United Kingdom, etc. However, it excludes some countries like the USA and Canada. The head office of this company is located in Limassol, Cyprus.
Brokereo operates through the MetaTrader 4 (MT4) trading platform, which gives the clients the advantage to use any device of their choice, including laptops, desktop computers, smartphones, and tablets. As a result, the trader can trade from anywhere. In short, he carries the market with him wherever he goes. MetaTrader 4 is a user-friendly trading platform with the advantage of built-in trading tools that assist in conducting detailed market analysis. It also gives the opportunity to trade various assets with real-time pricing.
In this Brokereo review, it will be analyzed how Brokereo is beneficial for any kind of trader. It serves the demands of beginners as well as experienced traders. The minimum deposit for opening an account is $250. Opening an account is also easy. The trader just needs to follow three steps and provide some personal information to open an account. It offers three kinds of accounts for the traders. The trader can select any account according to his requirement. The three types of accounts are:
The abovementioned accounts also have an option to open an Islamic account, which complies with Islamic rules and regulations. Besides these three accounts, there is another account which Brokereo offers for professional traders. These professional traders are free from the restrictions that the above accounts face. This account provides some unique features and functions which are available only for professional traders. In this account, margins drop up to 15%. Leverage rises to 1:500, which enhances the trading capacity of the trader to a great extent. The trader also gets uninterrupted account services. Moreover, a trader can also open a demo account to practice trading strategies. Such wide ranges of accounts make Brokereo the best forex broker in the forex trading platform.
Brokereo offers over 350 CFD assets such as Forex, metals, indices, cryptocurrencies, stocks/shares, commodities. This large selection of assets gives the trader multiple options to select according to their feasibility. This broker also includes an economic calendar and news articles where the trader can analyze the latest happenings in various markets around the world. Besides, Brokereo clients can access the premium service of a trading signal center that provides financial, technical analysis, and market insight.
Brokereo includes enough educational resources for the clients so that they get the required forex education. So, even beginners can learn all about trading from its website. The broker provides the following educational resources to its clients:
Brokereo uses safe and secured deposit and withdrawal methods. It provides the privileges of bank wire, credit/debit card, and online payment systems such as Skrill and Neteller. Some payment methods can charge some fees. The withdrawal method is fast and easy. However, withdrawal time depends on the payment provider and method. Most importantly, Brokereo does not accept third party payments.
In fine, it can be said that Brokereo is a great forex trading platform. It is a regulated forex broker that provides a large number of CFD trading assets. It operates through the Meta Trader 4 trading platform that enables the trader to trade from any device. This broker also supplies necessary trading tools and educational resources to its clients. The account types are flexible. Leverage and spreads comply with the needs of the traders. Money deposit and withdrawal are also convenient. Besides, the clients get 24/5 support from the broker. The customer service is reliable. The trader can get help with any general or technical questions. So, this Brokereo review testifies the fact that Brokereo is the best forex broker.