GBE brokers Review 2026: Fees, Safety, Platforms and Our Verdict

GBE Brokers’ fees are very fair for traders. The spreads are lower than most brokers as you can see in the comparison charts. The swap fees are extremely advantageous as there are not only positive swaps but also CFD futures. For example, you can trade Brent with (positive/negative) swaps or CFD futures completely without overnight fees.

GBE brokers Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF licence number 240/14. In addition to its head office in Limassol, Cyprus, a branch office in Hamburg, Germany is registered and authorised to provide investment services for trading in financial instruments.

Registration with the Bafin is also available.

There are several deposit options, including credit cards such as Visa & Mastercard. Normal bank transfers are processed via the German Wirecard or internationally via AstraBank, SutorBank and Hellenic Bank. Skrill and Neteller are also available as faster deposit options. Paypal is possible with a 3% fee.

For further information. Wirecard Bank and Sutor Bank are members of the Deposit Protection Fund of the Association of German Banks and are subject to the supervision of the Federal Financial Supervisory Authority (BAFin).

Withdrawals are free of charge if they are transferred in EUR within the SEPA zone.

GBE promises to process all incoming payments on the same day between 09:00 and 18:00 GMT + 2 times

As with all other brokers, GBE requires the name of the account holder to match the name of the GBE broker account holder when transferring money. GBE brokers does not accept payments from third parties.

When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have.

It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.

GBE brokers officially offers two account types, but in practice, it’s even easier. You only have one account type.

Raw account

There is basically a choice between a traditional account and a raw account. The Raw account has lower spreads on Forex pairs than the Traditional account and charges commissions for it. Ultimately, the cost to the client is relatively similar, but we would always recommend the raw account for c.Forex pairs. The trader has the choice in MetaTrader whether to trade the traditional Forex pairs or the c.Forex pairs with commissions and lower spreads.

Minimum deposit

The minimum deposit is 1000€, but has been reduced to 500€ for BrokerCheck customers. If you register through our link, you will receive the same conditions but with a lower deposit.

In the Raw account the spreads start from 0.0 pips and the commissions start from 3.00€.

If someone wants to test the accounts they can do so under live conditions.

LIVE SERVER: GBEBROKERSCAP-Live
LIVE LOGIN: 10008
LIVE PASSWORD: gbe123

or

LIVE SERVER: GBEBROKERSCAP-Live
LIVE LOGIN: 10007
LIVE PASSWORD: gbe123

Account types

Our GBE brokers review: GBE Brokers offers its customers a simple account structure. Besides the demo account, the real money account offers the choice between a traditional and a raw account. Both types of accounts are offered within one account. Therefore, you do not have to decide on one model, but trade all available asset classes within one account.

In Metatrader there is, for example, the choice between Forex and ForexC. Forex would be the currency pairs with the usual spreads and ForexC would be reduced spreads with commissions. If one is uncertain one can test the different advantages on a demo account, however, we always advise to the ForexC currency pairs, because the costs are lower here altogether.

The GBE broker service is in our eyes the biggest plus point. Most brokers (especially the Cyprus-based brokers) no longer have an office in Europe, Germany or the UK and usually have outsourced support. GBE goes much further here and not only offers service with “real” English (i.e. no call centre English), but also offers the possibility to visit their office.

So if you want to visit the broker and get to know the processes, you can make an appointment and visit their office in Hamburg. The address is: Große Elbstraße 145 b, 22767 Hamburg, Germany

The platforms are characterized by a user-friendly interface, high stability and a wide range of possibilities for market analysis. With just a few mouse clicks you can easily buy or sell stock, currency or commodity CFDs in seconds. All open trading positions are clearly displayed so that you are always informed about the current performance of your portfolio.

What do the MT4 and MT5 offer?

• More than 50 preset technical indicators
• Automated trading via Expert Advisors (EA)
• Automatic strategy tester for EAs
• Advanced functions like course alarms or trailing stops
• Available for MAC, Windows, Tablets and Smartphones.

However, the MetaTrader version of GBE is not the standard version. GBE has improved MetaTrader 4 and significantly enhanced its features. The new version of GBE brokers not only works much faster, but it also has direct access to the interbank market. This allows orders to be placed in real-time, i.e. with minimal latency, without external applications for data comparison and without automatic account synchronization.

GBE brokers’ additional trading tools include a MetaTrader 4 Booster, which is free of charge from €2000 deposit. In addition, position sizes, margin, pip, pivot points and Fibonacci calculators are offered. The offer is completed by an economic calendar and the Elbblick newsletter.

GBE has a very fast and customer-friendly order execution. Positive slippage passed on after the “you get, what we get” execution. Prompt execution is guaranteed by a direct cable connection (LD4/NY4 data centre in NY and London).

Learning materials and webinars are scarce but the minimum deposit of 1000€ already shows that GBE is not aimed at the absolute trading beginner. From 2000€ deposit or equity GBE offers a MT4 Booster Pack with various tools like position sizes, margin, pip, pivot point or Fibonacci calculators. From 2500€ you can also easily transfer your trading account from a competing broker without having to close your current positions.

All in all GBE offers the most important and most traded instruments. However, GBE is not the right place for traders who want to trade exotic stocks.

There are currently around 250 trading instruments available, which will be a little low for stock lovers. Currently, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple are offered as crypto-currencies. The trading software consists of the all-rounder Metatrader 4, the Metatrader 5 as well as their Mobile/Web versions.