Gbe Brokers, established in 2013, is a regulated online trading platform that specializes in providing services for forex and Contracts for Difference (CFD) trading. The company is headquartered in Limassol, Cyprus, with additional offices in Hamburg, Germany. Gbe Brokers operates as a private entity, focusing primarily on retail forex trading while also catering to institutional clients.
Since its inception, Gbe Brokers has aimed to offer a user-friendly trading experience, emphasizing transparency and customer support. The company has developed a strong reputation in the financial markets, particularly among German-speaking clients, and has achieved several milestones over the years, including regulatory approval from the Cyprus Securities and Exchange Commission (CySEC).
Gbe Brokers operates under a market maker and STP (Straight Through Processing) model, allowing it to provide a diverse range of trading instruments to its clients. The broker is dedicated to enhancing its services and product offerings, aligning with the evolving needs of traders.
Gbe Brokers is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding license number 240/14. This regulation ensures that the broker adheres to stringent guidelines aimed at protecting investors and maintaining market integrity. The license allows Gbe Brokers to operate within the European Union under the Markets in Financial Instruments Directive (MiFID) framework, enhancing the safety of client funds.
The broker also participates in the Investor Compensation Fund (ICF), which provides a safety net for clients in the event of the broker's insolvency. Under this scheme, eligible clients can claim compensation up to €20,000 or 90% of their claims, whichever is lower.
To ensure compliance with international standards, Gbe Brokers follows Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identities before engaging in trading activities. This commitment to regulatory compliance helps foster a secure trading environment.
Gbe Brokers offers a diverse array of trading products, primarily focusing on forex pairs and CFDs. The broker provides access to over 70 forex pairs, including major, minor, and exotic currencies. In addition to forex, Gbe Brokers also offers trading in various CFD categories, such as:
Gbe Brokers regularly updates its product offerings to meet market demands and client preferences. The broker also provides services tailored for both retail and institutional clients, including liquidity provisioning and white-label solutions.
Gbe Brokers supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, known for their advanced analytical tools and user-friendly interfaces. Both platforms are available for desktop and mobile devices, ensuring traders can manage their accounts conveniently.
The broker does not offer a proprietary trading platform, but its MT4 and MT5 platforms are well-regarded in the industry. Gbe Brokers provides API access for automated trading, allowing clients to implement algorithmic strategies seamlessly. The broker's technical infrastructure is robust, with servers located in strategic financial hubs to ensure low latency and fast order execution.
Gbe Brokers offers two main account types:
Both accounts allow for a minimum trade size of 0.01 lots and support various trading strategies, including scalping and hedging. Gbe Brokers also provides a demo account for practice, allowing traders to familiarize themselves with the platform without financial risk.
The brokers overnight fees and margin call policies are in line with industry standards, ensuring transparency in trading conditions.
Gbe Brokers supports a variety of funding methods to facilitate deposits and withdrawals, including:
The minimum deposit requirement is $500 for the Gbe Plus account and $1,000 for the Gbe Classic account. Deposits are typically processed within 24 hours, while bank transfers may take longer, up to 4 business days.
Gbe Brokers does not charge deposit fees, but withdrawal requests incur a fee of 0.15% of the amount withdrawn, with a minimum charge of €15 or equivalent. The broker emphasizes the importance of ensuring that the account holder's name matches the bank account used for transactions.
Gbe Brokers offers comprehensive customer support through multiple channels, including:
The support team is available 24/5, covering major trading hours, and offers assistance in several languages, including English, German, Arabic, and Spanish.
While Gbe Brokers provides basic educational resources, it lacks advanced training materials such as webinars or video tutorials. However, traders can access market analysis tools, economic calendars, and trading calculators to enhance their trading strategies.
Gbe Brokers primarily serves clients in Germany, Cyprus, and other European countries. The broker has a presence in Hamburg, Germany, and operates under the regulatory framework of both CySEC and BaFin.
However, Gbe Brokers does not accept clients from the United States and certain other jurisdictions, which may be subject to specific regulatory restrictions. This limitation is in place to ensure compliance with local laws and regulations.
In summary, Gbe Brokers is a well-regulated broker that offers a variety of trading products and services, supported by robust technology and customer service. With its focus on transparency and client security, Gbe Brokers aims to provide an accessible trading environment for both retail and institutional clients.
Heroic lim
United Kingdom
In terms of customer service, I've always found their support team to be responsive and helpful. They provide support in multiple languages and prioritize the privacy and security of their clients' information. While the website being down is unfortunate, based on my overall experience with GBE brokers, I can confidently say that they are a reliable and trustworthy broker and it's just a technical error.
Positive
2023-04-04
Heroic lim
United Kingdom
From my experience with GBE brokers, I can say that they offer a wide range of trading products and have competitive trading conditions, including low spreads and high leverage. Their platform is stable and easy to use, and they provide convenient options for depositing and withdrawing funds. They are also well-regulated by reputable authorities, ensuring the safety of clients' funds.
Positive
2023-04-04