Brokereo Review 2021

Brokereo has blasted onto the scene as a forex and CFD broker with a wide range of assets, popular trading platforms, comprehensive educational material and advanced trading support.

Brokereo is broker that provides access to CFD, Forex, Cryptocurrency and Stocks. Brokereo allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, Brokereo has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

Cryptocurrency traders will have lots of options at Brokereo, with 21 different coins to trade: ADA, BCH, BNB, BTC, DOGE, DSH, EOS, ETC, ETH, IOT, KCS, LINK, LTC, NEO, TRX, XLM, XMR, XRP, XTZ, YCC and ZEC.

Brokereo is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

Brokereo Summary

Brokereo has blasted onto the scene as a forex and CFD broker with a wide range of assets, popular trading platforms, comprehensive educational material and advanced trading support.

Ratings

30%
Trust
66%
Instruments
71%
Features
BonusNone
InstrumentsCFD, Forex, Crypto, Stocks
Demo Account
Min. Deposit$250
Min. Trade0.01 lots
Regulated ByCySEC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Brokereo supports CFD trading in a wide range of markets, from global indices and equities to cryptocurrencies, hard and soft commodities and foreign exchange.

Leverage1:30 Retail, 1:500 Professional
FTSE Spread50
GBPUSD Spread2.5
Oil Spread4
Stocks Spread9

Forex Trading

Over 45 currency pairs can be traded by Brokereo clients on the award-winning MT4 trading platform.

GBPUSD Spread2.5
EURUSD Spread2
EURGBP Spread1.9
Assets45

Cryptocurrency Trading

Brokereo supports an impressive range of cryptocurrency CFDs with 21 tokens against GBP, USD, EUR & CNY

Spread10
CoinsADA, BCH, BNB, BTC, DOGE, DSH, EOS, ETC, ETH, IOT, KCS, LINK, LTC, NEO, TRX, XLM, XMR, XRP, XTZ, YCC, ZEC

Payment Methods

Brokereo accepts the following payment methods:

  • Visa
  • Skrill
  • Neteller
  • Wire Transfer
  • Credit Card
  • Mastercard
Risk Warning – Your capital is at risk

FAQ

Is Brokereo Safe?

In our review we gave Brokereo a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Brokereo is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Brokereo Accept PayPal?

No, Brokereo does not accept PayPal payments.

Is Brokereo Halal?

Yes, Brokereo does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does Brokereo support?

Brokereo only supports the MetaTrader 4 trading platform at this time.

Is Brokereo Regulated?

Yes, Brokereo is regulated by CySEC.

The fact that Brokereo is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

Brokereo vs Other Brokers

If you want to compare Brokereo with other brokers, use the detailed comparisons below.

Brokereo vs
Brokereo has blasted onto the scene as a forex and CFD broker with a wide range of assets, popular trading platforms, comprehensive educational material and advanced trading support.