Brokereo-Overview of Minimum Deposit, Spreads & Leverage

General Information

Founded in 2020, Brokereo is a Cyprus-based forex and CFD broker, owned and operated by Neo Premium Investments (NPI) Ltd, offering more than 300 CFD trading assets for its clients through the advanced MT4 trading platform.

Market Instruments

Brokereo allows traders to get access to trading on currency pairs, commodities, shares, indices, metals and more.

Account Types

There are five trading accounts available on the Brokereo platform, including Silver, Gold, Platinum, Professional, as well as Islamic accounts.

Brokereo Leverage

Trading leverage vary depending on different types of traders. The maximum trading leverage for retail traders is capped at 30:1, while the maximum trading leverage offered by professional traders is up to 200:1. Since leverage can amplify gains as well as losses, traders should take extra care when using it.

Spreads & Commissions

Brokereo says to offer a commission-free environment. Spreads vary depending on different trading accounts you are holding. The minimum spreads offered by the Silver account starting from 1. 0 pip, the Gold account starting from 0.4 pips. The Platinum account offers the minimum spreads from 0.3 pips, enjoying a swap discount of 50%. The Islamic account is for the traders who follow the sharia laws. Muslim who prefer such account can prefer such accounts can choose the option in the trading accounts and trade with the rules.

Trading Platform

Brokereo offers clients the opportunity to trade with globally recognized trading platforms and tools. Brokereo offers MT4, WbTrader and Mobile applications to enhance the forex trading.

Payment Methods

Payment methods that can be used for deposit and withdrawal of funds include MasterCard, Maestro, Skrill, Neteller, VISA, VPay.

Customer Support

The Brokereo customer support can be reached through telephone: +35780092710, live chat, email: support@Brokereo.com. Service time: Monday to Friday 7:00am to 18:00 GMT.

Education & Resources

Brokereo has facilities of both education and research to enhance the knowledge of the traders. They can access the educational and research material through the website of the Brokereo. In addition, the broker provides videos, journals, articles, courses, webinars, e-books, and courses for education. On the other hand, for research, it has an economic calendar, reports, and market analysis.