Brokereo Commission or Brokerage Charges – Review, Plans, FAQs & more

In this article, you will be reading about Brokereo Commission in detail. We have curated all the important and useful information about Brokereo brokerage in this article.

This article will help you understand which all plans are available with this brokerage house. You can decide wisely which plan can suit your investment plan the best.

The article will also entail the process of opening an account with Brokereo and the payment and withdrawal options available.

So, this is going to be a wholesome article in which you can find answers to all your queries regarding Brokereo charges.

Brokereo Commission or Brokerage Charges

Brokerage charges are an inevitable thing in trading and investment.

Whether you buy stock or currencies, or for that matter any asset, you need to pay brokerage charges.

The brokerage or commission is the fee that the broker charges to render the services for trading.

Brokereo is quite famous amongst traders as this brokerage house has kept the Brokereo fees within affordable ranges.

They do not charge enormous amounts from the traders. This firm was founded by Gabriel Antoniou in 2020, just a year back.

It is a private entity at present with around a hundred employees across the globe. The firm is regulated by CySEC and it has its headquarters in Cyprus.

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Types of Brokereo Commission Plans

There are three types of commission or brokerage plans that Brokereo offers to clients. They are as given below –

Silver:

This first plan is known as the Silver plan. Under this plan, the basic deposit or the initial deposit you need to keep is $250.

This is a floating spread account which means the spread is not fixed and keeps changing as per the market scenario.

If you open this account with Brokereo, you do not have to pay a single penny towards Brokereo brokerage.

This account is a commission-free account. Brokereo charges no commission on the trades taking place under this account and commission plan.

However, the spread can be high which is a concern on the contrary. The leverage you can get with this account is up to 30 times which is generous leverage for retail traders.

Gold:

The second type of Brokereo Commission plan is known as the Gold Plan or Gold account. There is no initial deposit requirement in this account type. You can open it without any lump sum initial deposit.

You can trade any assets without paying any commission charges using this account.

As you can see in the table above, this account also offers a commission-free trading facility to the traders. Thus, you can trade without being worried about hefty Brokereo fees.

However, this account too has a floating spread which may increase the cost of trading or reduce the profit on it. The exposure on the other hand you get with this account is quite high.

You can get up to 500 times of leverage which is huge and can be highly beneficial for the traders especially if you are an active trader.

Platinum:

The final Brokereo brokerage plan or account type is the Platinum account. This account is similar to a Gold Account.

You do not need to pay or keep any initial deposit for opening this account like a Gold account.

Then the exposure is up to 500 times and the spread is variable. The commission you need to pay is zero as this is also a commission-free account.

So, Brokereo charges no commission from the traders but earns from keeping the spreads variable.

Brokereo Account Opening Process

For trading with Brokereo and avail of their commission-free trading offer, you need to open a trading account with this brokerage house.

First, decide which account type you want to go for. Then you can open the account following this process –

• Click on this tab “open account”
• Then fill the form that appears on your screen.
• You need to enter all the right details
• Then submit the form and wait for the Brokereo associates to call you up
• Once they call you to ask to upload the documents for verification, you need to upload the photocopy of all the documents and upload them on their site
• Then the documents and details you mentioned will be verified for KYC
• If everything is found right and appropriate then you will have the Brokereo trading account log-in credentials in your email id.

Brokereo Payment or Withdrawal Methods

The payment options of Brokereo are well-secured. Your transactions are safe and secure with these platforms. Brokereo provides a total of five payment platforms which are –

• Credit Cards
• Neteller
• Webmoney
• Skrill
• Wire Transfer

All these five options are available for both deposits and withdrawals. You can withdraw your money within a few seconds using any of these options.

For depositing money and also for withdrawal you need to link your bank account as well.

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Brokereo Investment Assets

The investment options which are available with Brokereo include a total of three hundred tradable assets. These three hundred assets include –

• 50 currency pairs which have all the top currencies in it
• 30 cryptocurrencies are available which include Ethereum, iota, Lusk, Nem, Litecoin, Bitcoin Cash, Bitcoin, and others.
• There are 17 global indices and 17 commodities available for trading.
• You can also trade stocks as there are 60 stocks of different companies available with Brokereo.

Brokereo Commission – Conclusion

To conclude, we can say that this brokerage house can be regarded as one of the cheapest brokerage houses in the world.

There is no commission for any trades and for any type of account you choose. You just need to trade after analyzing the spreads as that is going to cost you a bit.

The leverage is also way too high and beneficial for active traders. You get multiple secure payment options for withdrawal and deposits.

Overall, Brokereo has a well-developed payment system and very cheap brokerage charges.

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Brokereo Charges or Fees – FAQs

Here is the list of FAQs Brokereo brokerage charges or fees:

Do Brokereo charge commission?

No, there is no Brokereo commission that you have to pay. Every account and brokerage plan has zero brokerage.

This can help you make more profit from the trades as the cost is way lower.

How much does Brokereo charge brokerage?

There is no brokerage fee that Brokereo charges.

So, there is no difference in the brokerage as well.

All you have to pay is the price of the assets you are buying and the other charges like account charges, maintenance charges, and others.

What is the Minimum Deposit required in Brokereo?

The minimum deposit required to open a Brokereo trading account is $250 for a Silver account.

However, the minimum deposit factor is not applicable for the Gold and Platinum accounts. There you can open it without keeping any initial deposit.

How much leverage does Brokereo provide?

The leverage that Brokereo clients get depends on the type of account they choose. If they chose a Silver account, then they will get up to 30 times of leverage.

However, if they open a Gold or Platinum account, then the leverage they can avail themselves of is up to 500 times.

This huge leverage in these two accounts is highly beneficial for active traders.

How much is Spread at Brokereo?

The spread is floating across all the accounts of Brokereo.

Floating spread means the level of spread changes as per market condition and other external factors.

Due to these, the spread can be high at times which can increase the cost of your trades.

What type of Commission Plans are available in Brokereo?

There are three types of commission plans available with Brokereo. However, all three plans have a zero-commission scheme.

This means that you do not have to pay any commission for any trade using any of the three plans.

Does Brokereo provide Cryptocurrency for Investment?

Yes, there are 30 crypto coins available for you to trade. You can choose any of them or all to trade. The most popular ones are Bitcoin, Bitcoin Cash, Ethereum, and others.

Is Brokereo a legit Forex Broker?

Yes, Brokereo is a legit brokerage house with a global presence.

It has its headquarter in Cyprus and it is regulated by CySEC.

There is no need to worry about its authenticity.

Can I invest in Brokereo with $5?

Yes, you can start trading with just $5 in the Gold or Platinum account as there are no initial deposit requirements. There are also no commission charges.

All you need to pay is the buying price of the assets.

Are there any hidden charges available with Brokereo?

No, there are no hidden charges of Brokereo. This brokerage house is highly transparent about its payment terms and conditions and charges are open.

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