GBE brokers - What's now?
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GBE brokers is a trade name for “GBE Brokers Ltd” which has acquired the CySEC license in 2014.
The company has been renamed from “GBE Safepay Transactions Ltd” after the acquisition by another company in 2015.
Along with the name, the broker has switched the regulation from MFSA(Malta) to CySEC(Cyprus) in order to provide more client friendly service.
Please note that GBE brokers(or the previous corporate) have never been involved in any frauds or charged for penalties by its regulatory authorities.
Being regulated by CySEC means that GBE brokers is a member of the ICF which means up to 20000 EUR will be compensated per client if the broker fails to meet its obligation to clients.
GBE brokers is relatively a new broker which is especially focused on execution quality.
CySEC – Cyprus Securities and Exchange Commission (license no. 240/14)
ICF – Investors Compensation Fund
GBE brokers provides fast execution with positive slippage, so you can get the real benefit from the broker.
Not the bonuses, but the profit that will decide your investment result.
The main conditions of GBE brokers are as follows:
- MT4(Windows, MAC and Android/iOS)
- Leverage up to 1:500
- The leverage is 1:500 upon management’s approval and only on exceptional cases.
- Variable spread from 0.9 pips(including commissions)
- No trading method restrictions(only arbitrage is prohibited)
- No profit cancellation
- Positive Slippage is not limited
- Fast execution with Equinix LD4 Data center(in London)
- Copy Trading from MyFXBook
Please note that accounts which are applicable to Hercules Cash Back bonus are added commission markups on tradings.
(GBE brokers Ltd (ex GBE Safepay Transactions Ltd))
|Rating Traders Rating
|Regulations Regulations & Licenses
|Founded Founded in
|2015 (9 years)
|Republic of Cyprus
|Loucaides Building, 2nd Floor, Office 21 Corner of Ayiou Andreou and Arch. Kyprianou Street 3036 Limassol, Cyprus
|Cryptos Available Crypto-Currencies
|Deposits Deposit Methods
|Withdrawals Withdrawal Methods
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