GBE brokers Journal

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GBE brokers Profile
Year
2015
Country
Cyprus
Branches
2
Regulation
CySEC Cyprus, BaFin Germany, FCA UK
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted countries
Not serving
х Belgium, Iran, Japan , North Korea, US
Broker type
MM, DMA
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
3
LPs quality
Tier-2 PoPs, Non-Banks, MTFs
LPs names
IS Prime, LMAX, TradeTech Alpha

GBE brokers Accounts
MM
DMA
Minimum Deposit
1000 €
1000 €
Leverage
400 : 1
400 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.7 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
100 lots
100 lots
Margin Call
...
...
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
Unlimited
Update broker

Is GBE brokers safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: CySEC Cyprus, BaFin Germany, FCA UK
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is GBE brokers trusted?

  • Information transparency: high ★★★★★
  • Customer service: ...
  • GBE brokers website: highly detailed, updated ★★★★★
  • GBE brokers popularity (by visitor count): low visits ★★

How GBE brokers works

Depending on numerous different factors, either the Company on a principal to principal basis or a third party financial Best Interest and Order Execution Policy institution(s) (i.e. the Company acting as an agent) will be the Execution Venue. The Company works with following external execution venues: TradeTech Alpha Ltd, IS Prime Limited, LMAX Broker Ltd.

https://gbebrokers.com/documents/en/gbe_brokers_best_interest_and_execution_policy_EN.pdf

3.10 During the course of this Agreement in relation to all individual CFD trading the Company will either: a) receive the Client Orders and transmit them for execution to a third party which will be the execution venue with the Company acting as an agent. or b) may execute such Order itself on a principal to principal (own account) basis, in which case it will be a counterparty.

4.2 The Quotes appearing on the Client's terminal are based on the aggregated quotes form banks and liquidity companies and in general are valid and tradable.

4.3 When the relevant Underlying Market is closed, the Quotes provided by the Company will reflect what the Company thinks to be the current Bid and Ask price of the relevant Underlying Asset at that time. The Client acknowledges that such Quotes will be set by the Company at its absolute discretion.

6.1 Trading with the Company involves the provision of the following investment and ancillary services from the Company to the Client, subject to Investment Services:

(a) Reception and transmission of orders in relation to one or more financial instruments;, transition and Execution of Orders with another entity.

(b) Execution of Orders on Behalf of Clients;

(c) Dealing on own Account 17.7. Client money may be held on the Client's behalf with an intermediate broker, a credit institution, regulated market, multilateral trading facility ,a settlement agent, a clearing house, a payment institution or OTC counterparty located within or outside Cyprus or the EEA.

https://gbebrokers.com/documents/en/gbe_brokers_client_agreement_policy_EN.pdf

10.1 The Company offers Swap Free Client Accounts for CFD trading, subject to the Company’s requirements being fulfilled.

“Abusive Trading” shall include any of the following actions such as, but not limited to, Snipping, Scalping, Pip-hunting, placing “buy stop” or “sell stop” orders prior to the release of financial data, arbitrage, manipulations, use of robots..

If the Company reasonably suspects that the Client performed Abusive Trading as described above the Company may cancel and/or reverse any profits gained through Abusive Trading.

https://gbebrokers.com/documents/gbe_trading_rules_EN.pdf

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