Full GBE Brokers Review

GBE Brokers user-ratings: 500€
10 of 10 points 1 reviews
  • Asset varierity - 10/10
  • Trading platform - 10/10
  • Support - 10/10
  • Fees - 10/10
  • Deposit/Withdrawal - 10/10

Facts about the company:

  • Type: Forex and CFD Broker 
  • Regulation: FCA (UK), CySEC (Cyprus), BaFin (Germany)
  • Minimum deposit: 500 €
  • Demo account: Free
  • Markets: 500+ Forex,  CFDs, commodities, bonds, indices, futures, stocks, cryptocurrencies
Comments Rating 10/10 (1 review)


  • Fully licensed and regulated
  • Competence and focus on the needs of our traders
  • Spreads from 0 pips 
  • Demo account available
  • Ultra-fast order execution
  • High liquidity ECN Broker


About GBE Brokers

Over 500 different trading products can be traded with GBE Brokers. All common asset classes are therefore available for trading:

  • Forex
  • Crypto Currencies
  • Metals
  • Indices
  • Bonds
  • Raw materials & energy products
  • Shares
  • Logo GBE Brokers
Screenshot of the GBEbrokers landing page

In Forex, besides the well-known majors and minors, exotic currency pairs are also available for trading. Among the metals, gold, silver, copper, palladium, and platinum are available.

A total of 20 indices and futures on indices can be traded at GBE Brokers. The classic stock indices, such as the German Stock Index and the Dow Jones, as well as more exotic indices, such as the Singapore Blue Chip Future, can be traded.

Bonds available for trading are the Bund Future, Gilt Future, and 10yr T-Notes Futures. Moreover, Commodity and energy products are also tradable on all major markets, such as crude oil, WTI Crude Oil, cocoa, sugar, coffee, or cotton.

Over 60 German and American stocks, such as Apple, BMW or Facebook, can be traded at GBE Brokers.

In addition to the most popular cryptocurrency, Bitcoin, which is available in four different currencies, Ethereum, Litecoin, Dash and Ripple can also be traded.

How is GBE Brokers regulated?

As a CySEC regulated broker operating under the MiFID Directive, GBE Brokers is committed to ensuring that you benefit from the highest levels of client fund security at all times. GBE Brokers are licensed and regulated (registration number 240/14) by the Cyprus Securities and Exchange Commission (CySEC) – one of the most prominent global financial regulatory authorities.

In addition, GBE Brokers is registered with the German Federal Financial Supervisory Authority (BaFin) – the financial supervisory authority in Germany – at its Hamburg office (registration number 148129). GBE Brokers also has an FCA registration. As a company regulated in a European Economic Area (EEA) country, GBE Brokers offers financial products or services in the United Kingdom (UK) under its registration with the Financial Conduct Authority (FCA) – the UK Financial Services Authority (reference number: 717554). Registration status: EEA Authorised.

GBE Brokers also operates under the European Union’s Markets in Financial Instruments Directive (MiFID), which provides the highest level of protection for investors and optimizes the functioning of markets in terms of efficiency and transparency.

As an additional layer of security, GBE Brokers is a member of the Investor Compensation Fund (ICF), which ensures up to 20,000 EUR of eligible customer claims in the unlikely event that a broker defaults on payment.

What types of accounts are available?

There are two account types at GBE Brokers:

  • GBE Traditional
  • GBE Raw

The traditional GBE account type is the best choice if you prefer to trade on a spread basis and not pay extra commissions. On the other hand, if you are looking for fixed market transaction costs for your trading strategy, the GBE Raw account type is the choice. This account type is therefore ideal for EAs and for scalping.

Switching between accounts is possible at any time free of charge.

MetaTrader 4 and MetaTrader 5

At GBE Brokers the MetaTrader 4 is available. The MT4 can be downloaded for Windows, MAC, iOS, and Android. The MT4 VPS is also available. VPS (Virtual Private Server) hosting allows Forex traders to run automated algorithmic strategies, including Expert Advisors, 24 hours a day, 5 days a week on a virtual machine in a data center (server).

The key advantage is that you don’t have to keep your own computer running around the clock at home, and you don’t have to rely on your own Internet or power connection to keep the VPS running – as this is guaranteed by the VPS provider. With a minimum turnover of 100 lots per month, GBE Brokers offers its customers a free VPS at the Equinix LD4 data center in London.

Currently MetaTrader 5 is not available at GBE Brokers.

What is the MT4 Booster Package?

The MT4 Booster Package gives you access to various MT4 platform tools. To get the MT4 Booster Package you just need to register for a GBE Brokers Live account and fund it with at least 2.000 EUR.

The MT4 Booster package includes the following features:

  • alarm manager
  • Correlation trader
  • Correlation matrix
  • Excel RZD
  • Market Manager
  • trade terminal
  • Sentiment Trader
  • Market events map
  • Tick Chart Trader

Additional tools

Besides the MT4 Booster Package there are other free tools available. These are currently the following:

  • Position Size Calculator
  • Business Calendar
  • Margin calculator
  • Pip Calculator
  • Pivot point calculator
  • Fibonacci Calculator

But honestly, it must also be said that the other free tools are available in many other places on the Internet and therefore do not bring any real added value. Furthermore, the position size calculator cannot be used to calculate position sizes for CFDs.

Does GBE Brokers also offer the possibility to trade via an API?

In addition to the MT4 platform, GBE Brokers offers the possibility to trade via the FIX API.

The latency for processing orders via the FIX-API is even significantly lower compared to the MT4 platform. Execution times are only a few milliseconds. This is especially important during news trading when fast order processing and execution are essential and a few milliseconds determine the profitability of a trade.

The FIX API interface allows trading of Spot FX, CFDs, Algo, HFT and is a tailor-made solution for high-end financial managers and other retail brokers.

The GBE Brokers App

GBE Brokers also has an app for iOS and Android. With the smartphone app, you get access to MetaTrader and thus all the features of the MT4 are available to you.

Among others, the following features are included in the app:

  • Real-time prices of all tradable products
  • All available application methods
  • Check your open positions
  • Interactive real-time charts with zoom and scroll functions
  • Seven-time charts in three presentation modes

How can I contact GBE?

GBE Brokers can be contacted by phone, email, live chat, as well as through the MyGBE portal. The support is easy to reach and inquiries are answered quickly.

Support available: no information available
Telephone: +49 (40) 605 90 10 40
Adress: info@gbebrokers.com
Languages: 2+

How high is the swap at GBE Brokers?

The spread/commission is calculated once upon opening. The swap on the other hand is charged on a daily basis if the client decides to hold the position overnight (from 23:59 server time).

If a client holds the position for several days, this will affect the cost of the trade. Swap rates are not fixed and vary from day today. The current swap rates can be found here.

What are the criteria required to be considered a professional client?

In order to meet the criteria required to be classified as a professional client, you must meet two out of three of the following criteria:

Copies of bank statements, share certificates, account statements from brokers, or other documents proving a deposit or investment with a total value of more than 500,000 euros.

One has sufficient trading experience and has been involved in every In the first calendar quarter of the last year, a significant number of transactions in Forex, CFDs, or SpreadBetting were made.
You have worked in a professional position in the financial sector for at least one year, which requires knowledge of leveraged products such as CFDs.

How are deposits and withdrawals made?

GBE Brokers offers a choice of reputable and trustworthy payment methods. For deposits and withdrawals, leading payment gateways, credit card payments and traditional bank transfers are available.

Deposits are deposited in a secure, segregated account with a first class banking institution. Customer funds are kept completely separate from corporate funds, and the two never mix.

Wirecard Bank Deutschland, Astro Bank Cyprus, and Sutor Bank Deutschland cooperate in the bank transfer process. The deposit period here is 1-4 bank working days. Withdrawals are also free of charge as long as they are made in euro currency within the SEPA zone. For all other withdrawal requests GBE Brokers charges 0.15% of the withdrawn amount with a minimum of 15 EUR / 20 USD / 20 CHF.

Withdrawals by credit card and Neteller/Skrill are usually made on the same day. For credit card and Neteller/Skrill, however, there are fees for both deposits and withdrawals. The fees for deposits are 1.49% for credit cards and 3.6% and 2.9% for Neteller/Skrill. For a payout by credit card the fee is 2€ and for Neteller/Skrill 1% each.

How much is the margin?

For the major Forex currencies, the margin starts at 3.33%. The margin for Forex secondary currencies and exotic currencies is 5%. For metals and bonds, the margin is also 5%. For indices, the margin is 5% and for futures, on indices, the margin is 10%.

A margin of 10% is due to commodities and energies. For equities, the highest margin is currently due. Here the margin is 20%.

Is there positive slippage?

At GBE Brokers it is in the interest of GBE Brokers to at least reduce executions with negative slippage.


GBE Broker is a good broker and meets the most important criteria that a Forex and CFD broker should meet. The support is also competent and always easy to reach. Since the MetaTrader and some additional tools are also available, trading is also fast and relatively uncomplicated. Execution and pricing also seem to be fair.

There are also no re-quotes at GBE Brokers. Another positive aspect is that there is no bonus for new clients. Because experience shows that this does not bring the customer any long-term advantage. The only thing that is still expandable is that at the moment there is no MetaTrader 5 available and that there is no tool to determine the position size for trading CFDs.

Otherwise, GBE Brokers is, as far as we can tell, a serious and recommendable Forex and CFD broker.

Most asked questions:

Where Can I Find The GBE Brokers Demo Account?

A demo account can be opened easily and uncomplicated directly on the homepage. You can also open a demo account in the upper bar of the homepage.

How Do I Register With GBE Brokers?

Opening an account is quick and easy. After opening an account you will also get access to MyGBE, GBE Brokers’ portal where you can plan and monitor your trading activities. Here you get access to trading platforms and you can easily choose the MT4 platform you need. Deposits and withdrawals are also made through the MyGBE portal.

What account types are offered?

Traders can choose between four trading accounts: GBE Traditional, GBE Raw, GBE Traditional Plus, GBE Raw plus. While the standard account types have a minimum deposit of 500€, the plus accounts start from a 1000€ deposit.

What payment options are offered?

There are a lot of payment options from credit cards to e-wallet services for example VISA, Skrill, Neteller, MasterCard, AstroBank and many more.

One Response

  1. Andre Witzel September 20, 2020

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