Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

GBE brokers

Cyprus|5-10 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://www.discountfx.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
discountFX-Demo MT4
Server Location Germany

Contact

backoffice@discountFX.com
https://www.discountfx.com

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

GBE Brokers Ltd

Company Abbreviation

GBE brokers

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-03-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 240/14) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Users who viewed GBE brokers also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

STARTRADER

8.53
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

CPT Markets

8.20
Score
5-10 yearsRegulated in United KingdomMarket Making(MM)MT4/5 full license
Official website

IC Markets

8.92
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

GBE brokers · Company Summary

General Information & Regulation

GBE Brokers was originally founded in 2007 as GBE Safepay Transactions Ltd. It became GBE Brokers in 2014 and registered in CySEC in 2016. GBE Brokers Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license number 240/14. GBE Brokers offers trading in forex and CFDs not only to individual traders but also provides liquidity services to institutional businesses among which are licensed Forex and CFD brokers. GBE Brokers have offices in Limassol, Cyprus, and Hamburg, Germany.

Market Instruments

GBE Brokers offer over 70 trading instruments in forex, cryptocurrencies, metals, indices, bonds, commodities, energies, and shares.

Leverage

GBE Brokers allows maximum leverage of 1: 500. Leveraged product trading magnifies a traders potential profit – but of course, also increases the potential loss. This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.

Minimum Deposit

GBE Brokers offers four live trading account, namely GBE Traditional (a minimum deposit of € 500), GBE Traditional Plus (the minimum deposit of € 500), GBE Raw (the minimum deposit of € 1000), GBE Raw Plus (a minimum deposit of € 500). Objectively speaking, the initial minimum requirements for opening an account set by the broker is relatively higher than most brokers.

Spreads & Commissions

Spreads in the traditional accounts start at 0.7 and 2 pips while on the raw accounts spreads start at 0.0 pips. For all withdrawal requests, GBE brokers charges 0,15% of the withdrawn amount with a minimum of 15 EUR / 20 USD / 20 CHF. All fees of intermediary banks shall be borne by the client.

Trading Platform

GBE Brokers offer trading in the popular MetaTrader4 and MetaTrader5 platforms. The broker states that it has improved MT4 and expanded its functions. The new version from GBE Brokers work much faster and has direct access to the interbank market. The MT5 platform offers advanced financial trading functions, as well as professional tools for technical and fundamental analysis.

Deposit & Withdrawal

Traders are allowed to fund their accounts via payment methods like Hellenic Bank Cyprus, Astro Bank, Sutor Bank Germany, Credit Card, Neteller, Skrill, PayPal (EU resident only). Deposits and withdrawals are usually done within 24 hours if it is received between 09:00 and 18:00 GMT+2, except for bank transfers which take between 1 – 4 business days.

Customer Support

The GBE Brokers customer support team can be reached in real-time by phone, email, live chat, or the completion of a call option from the website.

Educational Resources

GBE Brokers offers a selection of free research tools to assist traders in the forex world. With the MT4 Booster Pack, traders can tune up your MT4. It provides an economic calendar that provides useful information about macroeconomic events. A variety of calculators are also available, like position size calculator, margin calculator, pip calculator, pivot point calculator, and a Fibonacci calculator. In addition, the traders have access to Elbblick, which is the brokers weekly market letter with technical chart analysis and a review of the market events of the previous week.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

Heroic lim
more than one year
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.
2023-04-04 10:43
Reply
0
0
Heroic lim
more than one year
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.
2023-04-04 10:43
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com