BreeTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-07-06 18:04

Abstract：Registered in the United Kingdom, BreeTrade is a brokerage firm offering a bulk of 150 trading products including foreign exchange, precious metals, energy, index, and more, leverage up to 1:400. BreeTrade says it offers low spreads, as low as 0.0 pips, 24/x7 dedicated customer support to solve any trading related issues.

　　Note: BreeTrade's official website: https://en.breetrade.com/ is currently inaccessible normally.

BreeTrade Review Summary
Registered Country/Region	United Kingdom
Regulation	No regulation
Market Instruments	Forex, Cryptocurrencies, Spot Precious Metals, Indices, Energy, and more
Account Type	Live Accounts and Demo Accounts
Demo Account	✔
Leverage	Up to 1:400
Spread	Average spreads as low as 0.0 pips
Trading Platform	MT5
Payment Method	Cryptocurrency (USDT, ETH, BTC) and Wire Transfer (service fees may apply depending on the banks involved in the transfer process)
Customer Support	Email: info@breetrade.com
Customer Support	Physical Address: 69 -70 Long Lane, London, United Kingdom, EC1A 9EJ.

BreeTrade Information

　　BreeTrade is a brokerage registered in the United Kingdom. The trading instruments it provides cover forex, cryptocurrencies, spot precious metals, indices, energy, and more. It is unregulated.

Pros and Cons

Pros	Cons
Wide range of trading instruments	Unregulated
MT5 supported	No commission information
Demo account available	No clear information on the minimum deposit
Low spreads	No phone information offered
High leverage of up to 1:400

Is BreeTrade Legit?

　　It is clear that BreeTrade is currently unregulated.

What Can I Trade on BreeTrade?

　　BreeTrade offers traders forex, cryptocurrencies, spot precious metals, indices, energy to trade.

Tradable Instruments	Supported
Forex	✔
Cryptocurrencies	✔
Spot precious metals	✔
Indices	✔
Energy	✔
Commodities	❌
Stocks	❌
Metals	❌
Futures	❌
Options	❌

Account Types

　　BreeTrade offers Live Account and Demo Account.

BreeTrade Fees

　　BreeTrade's spreads are as low as 0.0 pips. There is no more information about commissions.

Trading Platform

　　BreeTrade's trading platforms are MT5, which support traders on PC, Mac, iPhone and Android.

Trading Platform	Supported	Available Devices
MT5 Margin WebTrader	✔	Web, Mobile
MT4	❌

Deposit and Withdrawal

　　The broker supports cryptocurrency (USDT, ETH, BTC) and wire transfer. Service fees may apply depending on the banks involved in the transfer process.