GBE brokers Forex Broker

GBE Information Regulated by FSA, GBE is an online forex and CFD broker that offers a user-friendly MetaTrader 5 platform for trading various assets, including forex, commodities, indices, and cryptocurrencies. While multiple account types and a demo account are provided for different experience levels, GBE is an offshore regulated firm. Besides, the minimum deposit is relatively high.Pros and Cons ProsCons Easy-to-use MT5 platform Offshore regulated firm Offers three account types and a demo account Lack of ticket support system Offers multiple assets to trade High minimum deposit Offers flexible spread from 0 pipIs GBE Legit? GBE is officially licensed and offshore regulated by the Seychelles Financial Services Authority（FSA） in Seychelles under Retail Forex License with the number SD176.What Can I Trade on GBE? GBE offers diverse trading instruments, allowing you to invest in global markets. You can trade many asset classes such as forex, indices, metals, energies, futures, equities, and cryptocurrencies. Tradable InstrumentsSupported Forex✔ Commodities✔ Stock✔ Indices✔ Cryptocurrency✔ Metals✔ Stock❌Account Type GBE offers three live trading account types, including Classic, Plus, and VIP, as well as a demo account to try for free. All account types offer the same maximum leverage of 1:400 and have no commission for trading Forex symbols (EURUSD), cryptocurrencies, indices, and more. Account TypeMinimum DepositCommission Forex c-symbols (EURUSDC)Other Key Features GBE Classic1,000 EUR/USD/CHF6.50€/7.00$/7.00CHFLower minimum deposit, good for beginners GBE Plus10,000 EUR/USD/CHF6.00€/6.50$/6.50CHFLower commission for c-symbols, higher minimum deposit GBE VIP100,000 EUR/USD/CHF5.50€/6.00$/6.00CHFLowest commission for c-symbols, highest minimum depositGBE Fees GBE employs a tiered system, offering benefits like lower commissions for higher deposit amounts. The variable spreads starting from 0 pip, especially for EURUSDc pairs, are generally competitive in the market. GBE supports cryptocurrency trading with a consistent 0.2% commission across all account types. The high leverage of 1:400 can cause both profits and losses, thus managing risks is very important. Account TypeMinimum DepositBase CurrencySpread (EURUSDc)Commission (EURUSDc)LeverageCrypto Commission GBE Classic1,000 EUR/USD/CHFEUR, USD, CHFfrom 0.006.50€/7.00$/7.00CHF1:4000.2% (HT) GBE Plus10,000 EUR/USD/CHFEUR, USD, CHFfrom 0.006.00€/6.50$/6.50CHF1:4000.2% (HT) GBE VIP100,000 EUR/USD/CHFEUR, USD, CHFfrom 0.005.50€/6.00$/6.00CHF1:4000.2% (HT)Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for Metatrader 5✔PC and MobileInvestors of all experience levelsDeposit and Withdrawal GBE charges a fee of 0.15% for deposits and withdrawals with Absa Bank. If you pay with payabl, the fee is free of charge. The minimum deposit is $500. Deposit Options Deposit OptionsMin. DepositFeesProcessing Time Absa Bank500 EUR/USD/CHF0.15% (min. 15 EUR/ 20 USD)1-4 bank working days payabl500 USDFree of charge*1-4 bank working days Withdrawal Options Withdrawal OptionsMin. WithdrawalFeesProcessing Time Absa BankN/A (likely depends on the amount in your account)0.15% (min. 15 EUR/ 20 USD)1-4 business days payablN/A (likely depends on the amount in your account)Free of charge*1-4 business daysCustomer Service You can reach out to GBE 7/24 by email at support@gbebrokers.global or by phone at +971 524 50 41 86. Contact OptionsDetails Phone+971 524 50 41 86 Emailsupport@gbebrokers.global Support Ticket System❌ Online Chat✔ Social MediaFacebook, Instagram, Twitter, YouTube, etc Supported LanguageEnglish Website LanguageEnglish Physical AddressGBE Global LtdCT House, Office 9A, Providence, Mahe, SeychellesThe Bottom Line GBE offers a user-friendly MetaTrader 5 platform and multiple tradable assets, making it attractive for beginners and experienced traders alike. Nonetheless, regulation by the FSA is seen as less stringent than from other main regulatory authorities. And the minimum deposit amount is relatively high. While GBE is be suitable for experienced traders who are experienced in dealing with the risks of an offshore regulatory environment.FAQs Is GBE a regulated broker? Yes, GBE is regulated by the Seychelles Financial Services Authority (FSA). What is the minimum deposit to open a GBE account? The minimum deposit depends on the type of account. The Classic account generally demands a lower minimum deposit compared to the Plus and VIP accounts. What trading platforms does GBE offer? GBE primarily offers the MetaTrader 5 (MT5) trading platform. MT5 is a popular choice among traders due to its advanced features and customization options.Risk Warning There is a risk involved when trading online, which may not be suitable for all clients. You should make sure you understand the risks involved and be aware of the information above from this review.