Brokereo
- Trust score
- 2/10
- Legal simplicity
- 2/10
- Min. deposit
- 250
- Regulations
- Payment systems
Features
- Seminars and trader training
- Islamic (swap-free) accounts
- Segregated client funds
- Scalping allowed
- Affiliate program
- Wide range of tradable instruments
Pros
- No standout advantages identified.
Cons
- No notable drawbacks identified.
Updated:
Brokereo is a Cyprus-based Forex and CFD broker founded in 2024 and regulated by CySEC through Neo Premium Investments (NPI) Ltd. It focuses on European clients, excluding the UK, Czech Republic, and Belgium, and lists over 350 instruments on the MT4 platform. Retail leverage is capped at 1:30 under ESMA rules, rising to 1:200 for verified professional traders.
A CySEC-regulated Cyprus broker offering MT4, Islamic accounts, and 350+ instruments, with trader seminars and an affiliate program.
Overview
Brokereo is a Forex and CFD broker founded in 2024 and headquartered in Cyprus. It targets European traders and does not accept clients from the UK, Czech Republic, or Belgium.
Regulation and Safety
Brokereo is run by Neo Premium Investments (NPI) Ltd, formerly Concorde Investments (Cyprus) Ltd, and is licensed by the Cyprus Securities and Exchange Commission (CySEC). It participates in an investor compensation fund and keeps client funds in segregated accounts.
The broker has also registered with national regulators across the EU, including FMA (Austria), FSC (Bulgaria), HANF (Croatia), FI (Sweden), FSA (Denmark), AMF (France), BaFin (Germany), CONSOB (Italy), MFSA (Malta), and CNMV (Spain), among others.
Leverage
Under ESMA and MiFID II rules, retail clients get a maximum leverage of 1:30 on major currency pairs. Traders who qualify as professional clients can access leverage up to 1:200.
Trading Instruments
Brokereo lists more than 350 instruments: 55 Forex pairs, 30 cryptocurrency pairs, 255 US and European shares, 22 stock indices, and 15 commodities. It also offers thematic CFDs such as the BITA Covid-19 Vaccine Giants Index and BITA Gold Lev 20x.
Trading Platform
Trading runs on MetaTrader 4 (MT4), which supports automated trading via expert advisors, plus web and mobile access.
Account Types
Brokereo offers three account tiers:
- Silver — for beginners, minimum spread from 1 pip.
- Gold — for more experienced traders, minimum spread from 0.4 pips.
- Platinum — for professional traders, minimum spread from 0.3 pips.
Islamic (swap-free) accounts are available on request.
Deposits and Withdrawals
The minimum deposit is $250. Funding methods include international bank transfer, Visa/MasterCard, and e-wallets such as Skrill and Neteller. Brokereo charges a EUR 50 withdrawal fee on inactive accounts.
Verdict
Brokereo is a CySEC-regulated STP broker with a broad instrument list, including shares and crypto CFDs, on the MT4 platform. It only accepts EU clients, has no ECN account option, and its spreads run higher than many competitors.
Brokereo at a Glance
| Founded | 2024 |
|---|---|
| Headquarters | Cyprus |
| Regulation | CySEC |
| Trading platform | MT4 |
| EUR/USD spread | 3 pips |
| Demo account | Available |
| Minimum deposit | $250 |
| Base currencies | USD, EUR, GBP |
| Maximum leverage | 1:200 |
| Assets | Currency pairs, indices, stocks, metals, cryptocurrencies |
| Deposit methods | Bank transfer, Visa/MasterCard, Skrill, Neteller |
| Withdrawal fee | Charged on inactive accounts |
| Islamic accounts | Available |
| Segregated accounts | Yes |
| PAMM accounts | Not available |
| Partner program | Yes |
| Scalping | Allowed |
| Automated trading | Supported |
| Mobile trading | Supported |
| Web terminal | Available |
| Social trading | Not available |
| Signals | Not available |
| VPS | Available |
| Deposit bonuses | Not available |
| Contests | Not available |
| Customer support | 24/5 |
