Brokereo Experiences & Review
- Last Update: January 2023
Table of Contents
3.6 out of 5 stars (based on 27 reviews)
72% of retail investor accounts lose money when trading CFDs with this provider.
In this Review & Test we will report about our Brokereo experiences. We will go into the most important aspects and also offer the possibility for you to rate and comment
The most important facts about Brokereo
Brokereo is a brand-new CFD & forex broker located and regulated in Cyprus. Brokereo is the trading name of Concorde Investments (Cyprus) Ltd with License number 189/13
- Regulations: CySEC
- Service Phone: +448000318430
- Address: Pavlou Nirvana No 4, ALPHA TOWER, Office N 13, 3021 Limassol, Cyprus
Your rating of Brokereo
If you know this broker, please leave a rating. You do not have to comment to rate but feel free to comment if you have an opinion on this broker.
The most important facts about Brokereo
What we liked about Brokereo
In our Brokereo review, we liked the cryptocurrency offer the most. With over 30 CFD cryptocurrencies Brokereo is worthy of a second look for crypto enthusiasts. Brokereo is a modern broker with a new infrastructure. Their website is top-notch and you can access all relevant information quickly. Brokereo offers a wide range of learning materials. Available materials are VODs, Courses, Articles, E-books, Tutorials. To keep traders up to date with news Brokereo offers an economic calendar as well.
More than 30 cryptocurrencies
A lot of learning materials
Crypto vs USD, EUR, GBP
Brand-new broker
What we disliked about Brokereo
In our Brokereo review, we liked the account tiers the least. We understand the reason behind it, to give the customer an incentive to deposit more and thus trade a higher volume. However, we prefer it if there is only a single account tier to make it fairer for small traders with small accounts. The spreads on the low-end tiers could be a little better. The inactivity fee and withdrawal fee is another small negative point.
Account tiers
Inactivity fee
"only" 350 trading assets
Brand-new broker
Comparison Brokereo vs. average Broker
- Information about the Ø Broker
Available Trading Assets
DAX Spreads
Gold Spreads
- How do I read the charts?
Which trading assets are available at Brokereo
Brokereo offers over 350 different trading instruments. Which is a similar to the average broker. However, Brokereo.com offers an above-average amount of cryptocurrencies but could add a few more stocks. CFD Futures are available and use different future contracts as underlying from different exchanges like the ICE or CME as underlying.
At Brokereo you can trade a variety of international markets such as index CFDs, stock CFDs, foreign exchange CFDs, commodity CFDs, precious metal CFDs, crypto-currency CFDs. You can choose from over 100 different stocks from around the world.
Brokereo has major and minor currencies in their offering, but also exotic ones like the US Dollar vs. South Indian Rupee. Some available commodity CFDs are classic products like oil, but also exotic products like coffee, cocoa, cotton, orange juice or copper. Brokereo.com offers a wide variety of CFD’s from famous cryptocurrencies to other more exotic ones. You can choose to trade with the most popular cryptos such as Bitcoin, Ethereum, Ripple or Litecoin. Also, available are more exotics such as Cardano, Babel, Lisk, Quantreum, Swisscoin, Stellar or Verge.
Among the available instruments are:
- +45 forex/currency pairs
- +20 commodity
- +20 indices
- +150 shares
- +30 cryptocurrencies
- +3 metals
Brokereo Review, Experiences & Trading Conditions
Our Brokereo review and experience is mixed. Brokereo has a really modern infrastructure and their varied offer of cryptocurrencies is a big plus. Meanwhile, their account tiers are negative, as we dislike incentives to deposit more. Brokereo divides clients into three different accounts: Silver, Gold and Platinum.
The spreads and swaps depend on the status of the account. Once you have reached the platinum account, the spreads and swaps will be tight, but the spreads could be better for the silver accounts. Brokereo does not charge any trading commissions and gives a flat 0% commission promise.
The commercial assets offered cover a wide variety of international markets. Brokereo even offers exotic forex pairs with currencies such as the Hungarian Forint, Singapore Dollar, or South African Rand. They offer CFDs on exotic cryptocurrencies like Lisk, Quantreum, Cardano, Babel, Swisscoin, Stellar or Verge, but also popular ones like Bitcoin, Ethereum, Ripple or Litecoin.
Brokereo has a fast execution of orders/trading-positions, guaranteed by SAS 70 certified data centres. The available trading software mainly relies on the popular MetaTrader 4, which can be accessed via PC, from the web and mobile smartphone/tablet.
What is special about Brokereo? If you encounter any issues or have suggestions, you can even contact the management through a separate contact form. To ensure fast and smooth deposits and withdrawals, you have the option to choose from several payment methods. PayPal is currently not available.
Scalping allowed
Hedging allowed
Negative Balance Protection
Guaranteed Stop Loss
STP/DMA Execution
ECN/RAW Account
Deposit Bonus
Loyalty Bonus
Available Trading Software and Platform at Brokereo
Brokereo offers several options as trading platform. Brokereo gives you access to the MetaTrader4 (MT4), a popular desktop trading software, or a mobile application or webtrader.
MetaTrader 4: Brokereo focuses on the most used trading software in the world which is MetaTrader 4. MetaTrader 4 is a robust, fast and flexible trading software that can be used on both MAC and Windows computers. Once you have registered with Brokereo, you can their trading platform through a free demo account.
Webtrader: Brokereo offers the MT4 as a WebTrader if you want to access your account from a different computer. You can log in and use most of the functions that are available in regular MT4. However, you will not be able to see your desktop settings. However, you can access your open positions, modify them or open new ones.
Mobile Application: Brokereo has connected its trading servers to the MT4 mobile application. You can access your funds and trade from anywhere, as long as you have your smartphone with you. The app is available for both Android and Apple users. The trading app is useful if you want to trade while you’re away from home.
Available Accounts at Brokereo
There are three different types of accounts at Brokereo: Silver, Gold and Platinum. Each status offers different conditions and free access to additional services. What type of accounts you have will depend on your deposits, capital and trading behaviour. After you register, your account executive will call you to help you with setup and anything else you need to get started quickly. Your Account Manager will decide which category your account should fall into.
More info is available in the following table:
| Silver | Gold | Platinum | |
| Max. FX leverage (retail) | 1:30 | 1:30 | 1:30 |
| Spreads starting from | 0.07 | 0.05 | 0.03 |
| Max FX leverage (pro) | ✘ | 1:400 | 1:500 |
| Spread EUR/USD | 28 | 20 | 18 |
| Gold | 80 | 70 | 60 |
| Crude Oil | 250 | 200 | 200 |
| Withdrawal Process | 5 days | 5 days | 5 days |
| Free Demo Account | ✓ | ✓ | ✓ |
| Free VPS | ✘ | ✘ | ✓ |
| Account Manager | ✘ | ✓ | ✓ |
| Webinars & Videos | ✓ | ✓ | ✓ |
| Islamic | ✓ | ✓ | ✓ |
| 24/5 Support | ✓ | ✓ | ✓ |
| Fifth Decimal (Forex) | ✘ | ✓ | ✓ |
| Hedging | ✓ | ✓ | ✓ |
| Swap Discount | 0% | 25% | 50% |
Deposits and withdrawals at Brokereo
Payment Options: Brokereo.com offers a wide variety of payment options. Its payment options include Trustly, Inatec(PowerCash), Isignthis, SolidPay, Inpay and Paydoo. In addition, merchants have the ability to make a deposit via Neteller, Visa, Mastercard, Maestro, SafeCharge, Paysafe, Skrill and Wire Transfers.
Fund Security: Brokereo believes that account segregation is important to protect the privacy, funds and assets of the individual trader. In addition, funds are segregated from their corporate operating accounts and deposited in well-established international banks. Brokereo seeks the highest possible security.
Security: Brokereo uses the latest hardware and software to protect all data systems. Strict firewall rules and Secure Sockets Layer (SSL) software are used to protect all data during transmission. Transactions are moderated by Level 1 PCI compliance services to store and manage all your forms securely.
Like any other regulated broker, withdrawals will only be effected towards the client. Brokereo will not perform withdrawals to any other third party or anonymous account.
Brokereo reserves the right to charge a withdrawal fee at an amount equal to 50 EUR (or an equivalent amount according to the denominated currency in the client’s trading account) in the case there is insignificant (only one single position placed on the trading account) or no trading activity in the client’s trading account prior to the submission of the withdrawal request. In case the client wishes to withdraw less than €100, additional fees may apply and you will be informed in advance accordingly.
How is the service at Brokereo
Brokereo’s customer service is often available. In our tests, we have tried to contact Brokereo services and each time we were able to get in touch quickly. If you need or want assistance, there are a few possible ways to contact the Brokereo service.
You can call them by phone, contact them via Live-Chat, email them or use their contact form. Their telephone service is available from Monday to Sunday: from 07:00 to 17:00 GMT.
Since Brokereo is a new broker, we do not have any verified feedback from traders about their experiences with them. We will update this section once it becomes available.
Is Brokereo regulated and secure?
When it comes to regulation, Brokereo is a regulated brand under the CySec (Cyprus / EU) regulation.
Brokereo is a trade name operated by Concorde Investments (Cyprus) Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission (License number 189/13). The head office of the Company is located at Pavlou Nirvana No 4, ALPHA TOWER, Office N 13, 3021 Limassol, Cyprus. Another approved domain is www.concordeinvestments.com
You can find more information about the regulation on the CySec website.
Summary: Review of Brokereo
Our Brokereo review is mixed, but we recommend crypto traders to take a second look at Brokereo. Beginner traders should test Brokereo.com on a free demo account before starting with a live account and check out the learning materials. Experienced Traders will like the MetaTrader 4 as the main trading platform.
Highlight's of Brokereo
Free demo account
+30 crypto currencies
Max. Leverage 1:500 for pro accounts
350 trading instruments
How do you open an account at Brokereo
By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.
To open an account at Brokereo just press the button below
CFDs are complex instruments and involve a high level of risk due to leverage. 72% of 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.
67 Responses
I’m new to trading so I’m only working with a minimal deposit for now and taking things slow and to my surprise, I’ve managed to multiply my initial deposit. I’ve withdrawn a part of it and it went smoothly. Overall, I’m happy with how this broker works.
A very cool broker. Cool spreads and fast withdrawals. It was pretty easy to figure it out. In a couple of months I have already earned $ 450. And this is a good additional source of income in times of crisis.
I am glad that I discovered Brokero in the top year. Thanks to this, at the end of the year, I managed to make good money for the New Year. All thanks to a variety of trading tools and training materials.
Brokero is just super. Excellent support service – in two months there has never been a situation when I would call and they did not help me. I have already received my first earnings. It’s only $ 150, but I invested a little. In any case, I am satisfied and determined to earn more.
Cool new broker with which it is very profitable to do crypto trading. Lots of useful tools and tutorials make Brokereo a great broker.
They are pushy and forced me into putting all my life savings into their account and then lost it all. They never considered that I only wanted to trade in Bitcoin and pushed their own will on me by makitme sell bitcoin and buy all other shares they thought were good for me. And they made me lose all my money. Then they forced me by phone to sign an agreement to give me back only 4000 back. Doi trade with them. They also made me lie on the forms to make me appear to have more money than I did in reality.
Great broker with good spreads and fast withdrawals. The platform is great, I hope there will be more tools on the site in the future.
Brokereo is a pretty good broker. For 4 months of work, I managed to work with both their platforms and the mobile application and was very pleased. It is convenient, understandable and pleasant to work.
One of the best brokers for CFD trading. Brokereo is very good, because it has a lot of useful and interesting materials on the site, as well as clear trading tools.
Brokereo is one of the best brokers I have worked with. They have a very cool website, a convenient trading platform and very good conditions.
Brokero is a great broker with good spreads and excellent support. They helped me a lot when opening an account and after that with a couple of problems.
Excellent broker for crypto trading with very cool conditions. There is a great demo account, good support service and many useful tutorials.
This broker worked for me one hundred percent. I was satisfied with the support service and a reliable license.
Almost perfect broker for me. Except for a few problems with withdrawals, Brokereo offers excellent conditions. In addition, the broker has a reliable license.
P.S. By the way, problems with withdrawals were resolved pretty quickly.
One of the best brokers for newbies, I really liked how the support service helped me at the start when I opened an account. And even after that, he regularly received advice. I also like the cool articles on the site.
Excellent broker for crypto trading. Trading with Brokereo is really pleasant.
I got amazing trading results with Brokereo. Withdrawing also turned out to be simple to carry out, with no delays.
I have a positive trading experience with Brokereo. First opened a demo account, then I passed to a real one. Overall, the conditions and terms are good. never had any issues with the company
Brokereo has a real license, while providing a reliable leverage. This is clearly a great option for both professionals and beginners, you can choose a convenient trading scheme from a variety of trading tools.
Brokereo allows big leverages and relatively small pips, which is great for trading all assets. Trading CFDs never has been so motivating.
Tell me what is good for you? Money, free time and again a lot of money) Brokereo is what gives me the opportunity to fulfil all my wishes. Fast withdrawal and good trading deals. That’s for me!
Brokereo is a client-oriented broker with reliable leverage. It is easy to create an account and start developing in the field of trading. A wide range of tools allows everyone to trade conveniently for themselves
Relaible broker that treats its customers really well. No problems with payments and trading platform, huge variety of assets to trade.
I am fond of Brokereo. Withdrawal process is fast comparing with other brokers. And you can demand the withdrawals online and I’m cool with that.
Satisfied with working with this broker. I was surprised by the wide selection of trading instruments and the convenient spread. This is definitely one of the most reliable and convenient CDF brokers.
Trading with Brokereo gave me many opportunities to realize my potential. I developed my personal trading strategy, for example. Besides, I feel more confident when trading with Brokereo, cause it’s legit and trustworthy
Legit and reliable broker, it’s definitely in my favorites list. The platform works with no issues, withdrawals are fast and stress-free, good customer service, although I wish they responded a bit faster.
I relish every moment I spent on Brokereo. It has a free demo account. I’ve spent first three weeks studying and trying different variety of assets. Then, when I was locked and loaded, I started using Silver Account. This account fits best for beginners. If you have the starting level of the trading knowledge, then it’s just exactly what you need.
An excellent broker with a convenient platform and certification. I have been trading without problems for a long time, I am satisfied with the result.
This broker has been fantastic to work with. It’s the greatest trading platform I’ve used so far, and my interactions with customer service were both positive and constructive. Withdrawals somteimes took a long time to process, but I eventually got my money.
when choosing a broker, I paid special attention to the variety of cryptocurrencies. I like to trade with Brokereo, low spreads and commissions and generally good conditions
A broker with a convenient platform and a training center for beginners. By the way, even the leverage is reliable here. Everything is done so that the newbie does not drain all the assets on the first day
I like this broker, it offers pleasant trading conditions
This broker appeals to me. They have a smart mobile app, good leverage, and excellent customer service. I had some minor withdrawal concerns, but support representatives were able to promptly handle them.
Brokereo has a convenient platform, reliable leverage, funds are withdrawn quickly, there are no problems with charts, this is all that is needed for a good Forex broker.
Brokereo is pretty good, especially for beginners, because the site contains excellent tutorials, besides, the MT4 platform is quite easy to learn.
Excellent broker with all of the services I require. I really like how easy-to-use the software is, and how many useful things there are to check out.
I am satisfied with the work of this broker
The broker’s website contains a lot of useful information for trading. All articles are very interesting, I read a few yesterday and discovered a lot of new things
Really great broker for both newbies and professional traders, a convenient website and platform, and decent spreads and leverage.
I am pleased with a wide selection of trading tools and the ability to trade cryptocurrency pairs. Everything is convenient and reliable at Brokereo
For the past seven months, I’ve been generating good money with Brokereo. Their trading approach and outstanding reputation appeal to me.
Brokereo is a reliable broker with high-quality customer support. This I can say for sure.
I’ve had no issues with this broker so far. Quick withdrawals, excellent customer service, a user-friendly site, and competitive trading terms are all features of this platform.
An excellent broker for active trading and growth in this area. You can easily test your trading strategies due to the low threshold for entering the market
Thanks to Brokereo, in six months he managed to turn trading into a reliable source of additional income. I liked the fact that the support service is always ready to help, as well as the fact that you can find a lot of valuable information on the site.
It is a very efficient platform with great choice of tools. Everything is neat and accessible here. I like the most wide selection of shares, its my fav asset. Brokereo broker fits me totally.
I have been trading with Brokereo long enough to leave a review. As for me, this is a promising broker, as it has some of the most convenient platforms
I enjoy working with this broker. For 8 months of trading, I have never had any problems with payments or access to my account. A huge number of trading instruments, I like Brokereo
Brokereo is a diligent, knowledgeable broker who places the success of their clients primarily on a conservative, portfolio approach to diversified markets.
Satisfied with the broker because of its user-friendly platforms and great mobile app. I have been trading for about a year and have never had any problems with withdrawing funds.
I must admit that at first I was very skeptical, but when I gradually began to delve into and study the trading processes and really saw the results, albeit not very significant, but nevertheless, I appreciated this broker and will continue to delve into this business.
One of the most convenient and reliable forex brokers. I analyzed the spread and I can say that it is more profitable for active trading. It is worth paying attention to this broker.
I can’t say how many brokers I’ve tried, but they are almost all the same. I have limited knowledge of the markets and limited funds and are not available for any investment, but I found Brokereo and felt protected and safe.
It’s a pleasure to deal with a professional broker. I like a responsible approach to clients. There is no withdrawal delay with this broker. The platform is neat and simple. Highly recommend Brokereo!
Based on my practice Brokereo is a good broker and reliable platform that helps you make money. It contains many trading tools and useful things for traders.
I like Brokereo, because it contains everything I need for productive trading. On this platform my operations are beneficial. Highly recommend, platform works excellent!
Brokereo is a good broker based on first impressions. I studied their website and realized that there are many tools available for traders, which is always a plus. In addition, the minimum deposit is small, and the leverage is quite reliable. So far, the impressions of this broker are good.
Amazing broker with great conditions, good leverage and fast withdrawals. Definitely recommend and be sure to use the mobile app.
I have a great trading experience with Brokereo. The spreads are great, the level of leverage made my trades more effective. Broker gives access to a variety of markets for trading. I love trading stock CFDs, it’s interesting and quite profitable too.
They are the most profitable broker I have worked with. Also, I was always supported by their customer service, which answered to all of my questions in within 24 hours.
Not a bad broker with good spreads and excellent leverage. I am satisfied.
Brokereo is great for me. It provides user-friendly trading which helped me a lot to develop my trading skills. One of the best things about Brokereo is that it’s available both on the web and mobile phones. That’s very convenient.
Great broker with a great mobile app, good leverage and fairly fast withdrawals.
I found a broker with zero commission stock trading, functional and easy to use platform with a bonus in the form of a great CFD trading option, and it became a Brokereo, I am very satisfied.
Good platform and reliable broker. I don’t have another one to compare with, because it’s my first experience. But I really like trading with Brokereo. The customer service is ok too.
Brokereo is a reliable partner on Forex. I know that I am the only one who controls my funds and orders, but Brokereo is a perfect server to trade Forex.