BreeTrade-Overview of Minimum Deposit, Leverage, Spreads

General Information

Registered in the United Kingdom, BreeTrade is a brokerage firm offering a bulk of 150 trading products including foreign exchange, precious metals, energy, index, and more, leverage up to 1:400. BreeTrade says it offers low spreads, as low as 0.0 pips, 24/x7 dedicated customer support to solve any trading related issues.

Market Instruments

BreeTrade gives its clients access to a massive financial market. More than 150 different asset types, including Forex, Cryptocurrencies, Spot Precious Metals, Indices, Energy are all available through the brokerage platform.

Account Types

BreeTrade offers two trading account options: live account and demo account. Live accounts suitable for traders of all levels and experience, and its account features include: spreads as low as 0.0 pips, leverage up to 1:400, stable trading system as well as fast execution speed. Demo accounts allows traders to practice their trading strategies and test their trading environment without risking their money to enjoy real trading environment.

Leverage

When it comes to leverage, the maximum leverage level offered by this brokerage is up to 1:400, a generous offering. This level is ideal for professional traders and scalper, which can improve potential returns by allowing them to double or even quadruple your account amount. However, since leverage can cause serious fund losses too, especially to inexperienced traders. It is essential that traders choose the proper amount that they feel most ease with.

Spreads & Commissions

BreeTrade lists its average spreads on various trading instruments, with spread on the EUR/USD pair averagely amounting to 0.1 pips, AUD/USD pair 0.4 pips, GBP/USD 0.4 pips. Calculating the average spread for a certain time period, such as one month, is the most reliable method for comparing the spreads offered by different forex brokers and determining which one offers the lowest spreads overall.

Trading Platforms Available

BreeTrade offers its clients access to the leading MT5 trading platform, which can be accessed on any device. Powerful charting capabilities, including more than 50 different technical indicators and intraday analysis tools, are available through the MT5 trading platform. Besides, MT5 enables them to operate trading bots such as EA, study financial markets, and engage in advanced trading operations. They can even duplicate the strategies of other investors without difficulty.

Trading Tools & Resources

Aside from the MT5 trading platform, there are some trading tools and resources on offer to help you acquaint yourselves with forex trading. They include: Market Analysis, Technical Analysis, Analysts view and Economic Calendar.

Deposit & withdrawal

BreeTrade only give its clients two payment processor choices for its clients to make a deposit and withdrawal: Cryptocurrency and Wire Transfer. Digital wallet support USDT, ETH, BTC and other cryptocurrencies, without any deposit or withdrawal fees. Deposit or withdrawal through Wire Transfer can occur some service fees depending on Banks.

Customer Support

As for BreeTrades customer care, they offer a “Common Problem” section to offers answers to solve some common trading problems, and they can be contacted through email: info@breetrade.com. Besides, there is also a web form for you to fill out some basic information and wait to be connected.