BrokerNotes.co is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Home ‣ Reviews

GBE brokers Review 2024

Item: GBE brokers
Rating: 3.5

Written by BrokerNotes.co
Fact-checked by Steven Hatzakis, Joey Shadeck
Edited by Jeff Anberg

May 28, 2024

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We've analyzed GBE brokers based on our comprehensive review and testing, and find it to be an average choice for Forex and CFD traders. This assessment stems primarily from its modest overall standing in our ratings, indicating that it can meet general trading needs but may not excel in all aspects.

Overall Rating

6.8 / 10

Minimum Deposit

$500

Trust Score info

Average Risk

Pros and Cons

thumb_up_off_alt Pros

Wide Range of Platforms: Offers MetaTrader 4 and MetaTrader 5, appealing to experienced traders looking for powerful trading tools.
Mobile Trading: Solid performance of mobile trading apps suitable for trading on the go.
Fee Structure: Commendable commissions and fees structure.

thumb_down_off_alt Cons

Education Lacking: Does not provide advanced or beginner education videos, which could be a setback for new traders.
Limited Market Variety: Offers a relatively small number of forex pairs and tradeable symbols.
No Trading Signals: Does not offer trading signals, a tool many traders use for decision-making.

Ratings Summary

Investment Types - 7.0/10
Commissions & Fees - 7.5/10
Trading platforms - 7.5/10
Research - 5.5/10
Mobile Apps - 7.5/10
Education - 5.5/10
Overall - 6.8/10

Can I trust GBE brokers?

GBE brokers, regulated by MiFID through their license in Cyprus, holds a moderate trust score of 71 according to forex industry research website ForexBrokers.com, indicating average risk.

GBE brokers is currently licensed and/or authorised by the following regulatory bodies:

Tier-1 Regulators - Regulated in the European Union via the MiFID passporting system
Tier-2 Regulators - None
Tier-3 Regulators - None
Tier-4 Regulators - BVI Financial Services Commission (FSC)

Is GBE brokers good for beginners?

GBE brokers is not ideal for beginners due to its lack of educational offerings compared to other best-in-class brokers.

Feature	GBE brokers
Education (Forex or CFDs) info	No
Client Webinars info	No
Videos - Beginner Trading Videos info	No
Videos - Advanced Trading Videos info	No
Investor Dictionary (Glossary) info	No

GBE brokers commissions and fees summary

We find GBE brokers' fee structure to be reasonable, as indicated by its above-average assessment in our fee analysis. Without an inactivity fee and not requiring a high minimum deposit, it could be a practical choice for traders looking to manage their trading costs effectively.

Feature	GBE brokers
Minimum Deposit info	$500
Average Spread EUR/USD - Mini info	N/A info
Average Spread EUR/USD - Standard info	N/A info
All-in Cost EUR/USD - Active info	N/A info
Active Trader or VIP Discounts info	No

GBE brokers trading platforms and tools

tips_and_updates Did you know? Trading platforms comparison

Of the 60+ brokers reviewed on BrokerNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer ZuluTrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5.

GBE brokers is a commendable choice for traders prioritizing technology, offering both MetaTrader 4 and MetaTrader 5 platforms. These platforms are highly regarded in the industry for their advanced tools and functionalities.

Trading platforms offered: GBE brokers provides MetaTrader 4 and MetaTrader 5, which are popular among experienced traders. It does not offer a proprietary platform.

Trading tools: GBE brokers does not offer trading signals but does provide other standard trading tools through MetaTrader platforms.

Copy trading: GBE brokers supports copy trading, a popular feature for casual investors who wish to follow the strategies of experienced traders.

Feature	GBE brokers
Virtual Trading (Demo) info	Yes
Proprietary Platform info	No
Desktop Platform (Windows) info	Yes
Web Platform info	Yes
MetaTrader 4 (MT4) info	Yes
MetaTrader 5 (MT5) info	Yes
DupliTrade info	No

Mobile trading apps at GBE brokers

The mobile trading apps at GBE brokers are well-rated and provide effective trading capabilities on the go.

Feature	GBE brokers
Android App info	Yes
Apple iOS App info	Yes
Mobile Economic Calendar info	Yes
Mobile Alerts - Basic Fields info	Yes
Mobile Charting - Draw Trendlines info	Yes
Mobile Watchlist info	Yes

How do I open an account with GBE brokers?

Visit the GBE brokers website.
Navigate to the account registration page.
Fill in your personal information.
Complete the required KYC process.
Fund your account using one of the accepted methods.
Start trading after account verification.

What can I trade at GBE brokers?

At GBE brokers, you can trade a modest range of 71 forex pairs and 500 tradeable symbols, which is below the industry average of 3,623 symbols. This offering might limit some traders looking for a broader range of instruments.

Feature	GBE brokers
Tradeable Symbols (Total) info	500
Forex Pairs (Total) info	71
Social Trading / Copy Trading info	Yes
Cryptocurrency (Physical) info	No
Cryptocurrency (Derivative) info	Yes
Spread Betting info	No

Account funding at GBE brokers

GBE brokers supports a variety of funding methods including bank wires, and eWallet options like Neteller, PayPal, and Skrill. Credit cards are also accepted, enhancing the flexibility in funding and withdrawal processes.

Feature	GBE brokers
Visa/Mastercard (Credit/Debit) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes
PayPal (Deposit/Withdraw) info	Yes
Skrill (Deposit/Withdraw) info	Yes
Neteller (Deposit/Withdraw) info	Yes

About GBE brokers

GBE brokers, founded in 2013, has established itself in the competitive forex and CFD markets. Not publicly traded, it operates under MiFID regulation, ensuring compliance with financial services standards in the EU. Though it lacks in educational resources and proprietary platforms, GBE brokers compensates with a solid range of technological tools and a flexible funding structure, catering to traders prioritizing technology and cost efficiency.

Compare GBE brokers

See how GBE brokers stacks up against other brokers.

GBE brokers vs IC Markets GBE brokers vs Charles Schwab GBE brokers vs FP Markets GBE brokers vs OANDA GBE brokers vs BDSwiss GBE brokers vs ThinkMarkets GBE brokers vs IG GBE brokers vs IronFX GBE brokers vs MultiBank GBE brokers vs XTB GBE brokers vs eToro GBE brokers vs Eightcap GBE brokers vs AvaTrade GBE brokers vs Xtrade GBE brokers vs Forex4you GBE brokers vs Trade Nation GBE brokers vs FxPro GBE brokers vs FXOpen

Show all

Popular Forex Guides

More Forex Guides

Popular Forex Reviews

Methodology

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.

Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).

AI disclaimer

We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. Learn more about our AI Policy and How We Test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.

About the Editorial Team

BrokerNotes.co

BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.

Steven Hatzakis

Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Jeff Anberg

Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.