Search

GBE brokers Forex Broker provides real users with * positive reviews, * neutral reviews and * exposure review!

GBE brokers Broker Review

5.14

WikiFX monitor

Risk Control

Risk Manage

License

CYSEC Suspicious Clone

GBE brokers Review

Latest All

No comment yet

  

GBE Brokers 2025 Review: Everything You Need to Know

  Summary: GBE Brokers has garnered mixed reviews in 2025, with some users praising its competitive trading conditions and regulatory oversight, while others express concerns regarding customer support and the overall user experience. Notably, the broker operates under the oversight of CySEC, providing a level of security for traders.

  Note: It is essential to recognize that GBE Brokers operates under different entities across regions, which can affect the trading experience and regulatory protections available to clients. This review synthesizes information from various sources to ensure fairness and accuracy.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 7.0
Tools and Resources 6.5
Customer Service and Support 5.0
Trading Setup (Experience) 6.8
Trust Level 7.5
User Experience 6.0
Overall Rating 6.5

  We score brokers based on a combination of user feedback, expert analysis, and factual data from reputable sources.

  

Broker Overview

  Founded in 2013, GBE Brokers has established itself as a prominent player in the forex and CFD trading markets. The broker is headquartered in Limassol, Cyprus, and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 240/14. GBE Brokers offers trading on popular platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), allowing access to a wide range of asset classes, including forex, commodities, and cryptocurrencies.

  

Detailed Analysis

  Regulatory Regions: GBE Brokers is regulated primarily in Cyprus, allowing it to provide services across the European Economic Area (EEA). This regulatory framework aims to ensure transparency and protect client funds, as they are held in segregated accounts. However, concerns have been raised about the legitimacy of its regulatory status in certain regions, with some sources indicating potential issues with clone operations.

  Deposit/Withdrawal Currencies: GBE Brokers supports multiple currencies for deposits and withdrawals, including USD, EUR, and GBP. However, the availability of specific payment methods may vary by region. Users have reported that withdrawal processing times can take up to three business days, which is relatively standard in the industry.

  Minimum Deposit: The minimum deposit to open an account with GBE Brokers is set at $500, which is considered moderate compared to other brokers. This requirement may deter some new traders, especially those looking to start with smaller amounts.

  Bonuses/Promotions: Currently, GBE Brokers does not offer any sign-up bonuses or promotional incentives for new clients. This absence of bonuses may be seen as a drawback for traders who seek additional value when opening a new account.

  Tradeable Asset Classes: GBE Brokers provides access to a diverse array of trading instruments, including over 70 forex pairs, commodities, indices, and cryptocurrencies. However, the overall selection of instruments is considered limited compared to some industry competitors.

  Costs (Spreads, Fees, Commissions): The broker's spreads start from 0.7 pips for the GBE Classic account, with a commission structure that varies based on account type. For the GBE Plus account, spreads can be higher, starting from 2.0 pips. Additionally, GBE Brokers charges a commission for cryptocurrency trades, which may impact profitability for those focusing on digital assets.

  Leverage: GBE Brokers offers a maximum leverage of 1:30 for retail clients, which is in line with European regulations. This leverage level allows traders to control larger positions but also increases risk exposure.

  Allowed Trading Platforms: GBE Brokers exclusively utilizes MT4 and MT5 for its trading operations. While these platforms are well-regarded in the industry for their robust features and analytical tools, some users may prefer brokers that offer proprietary platforms or additional options.

  Restricted Regions: GBE Brokers does not accept clients from the United States and Canada, which may limit its appeal for traders in those regions.

  Available Customer Support Languages: Customer support at GBE Brokers is available in multiple languages, including English, German, Arabic, and Spanish. However, user reviews indicate that response times can be slow, particularly for email inquiries, leading to a less favorable customer service experience.

  

Repeated Ratings Overview

Category Score (out of 10)
Account Conditions 7.0
Tools and Resources 6.5
Customer Service and Support 5.0
Trading Setup (Experience) 6.8
Trust Level 7.5
User Experience 6.0
Overall Rating 6.5

  

Detailed Breakdown

  •   Account Conditions: GBE Brokers provides two main account types with varying minimum deposit requirements and trading conditions. The GBE Classic account requires a higher deposit but offers lower spreads, while the GBE Plus account is more accessible with a lower minimum deposit but higher spreads.

  •   Tools and Resources: The trading platforms (MT4 and MT5) provide essential tools for technical analysis and automated trading. However, GBE Brokers lacks comprehensive educational resources, which may hinder less experienced traders.

  •   Customer Service and Support: User reviews indicate that customer service could improve, particularly regarding response times. While phone support is generally effective, other support channels may not meet user expectations.

  •   Trading Setup (Experience): The trading experience is generally positive, with competitive spreads and a user-friendly interface on the MT4 and MT5 platforms. However, the lack of proprietary platforms may limit options for some traders.

  •   Trust Level: GBE Brokers is regulated by CySEC, which enhances its credibility. However, concerns about its regulatory status in specific regions should be carefully considered by potential clients.

  •   User Experience: Overall, user experiences vary, with some praising the broker's services while others express concerns about customer support and the platform's limitations.

  In conclusion, GBE Brokers offers a solid trading environment for forex and CFD trading, but potential clients should weigh the pros and cons carefully, particularly regarding customer support and regulatory concerns. As always, it is advisable to conduct thorough research and consider personal trading needs before choosing a broker.