GBE Brokers Review

Overall, GBE Brokers can be summarised as reliable and credited brokers and are considered low-risk with competitive trading fees and 0.0 pips spreads. GBE Brokers has an overall trust score of 70 out of 99. GBE Brokers offers 500+ trading instruments.

 GBE Brokers At a Glance

Overall Rating

• 3.4/5

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OPEN AN ACCOUNT

Min Deposit

USD 500

Regulators

CySEC, FCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our GBE Brokers below.

 GBE Brokers review –  20 key point quick overview:

1. GBE Brokers At a Glance
2. GBE Brokers Overview
3. GBE Brokers Safety and Security
4. GBE Brokers Sign-Up Bonus
5. GBE Brokers Minimum Deposit
6. GBE Brokers Demo Account
7. GBE Brokers Leverage
8. GBE Brokers Accounts
9. GBE Brokers Market instruments
10. GBE Brokers Fees, Spreads & Commissions
11. GBE Brokers Deposit and withdrawal
12. GBE Brokers Trading platforms
13. GBE Brokers Best Countries by Traders
14. GBE Brokers Current Popularity Trend
15. GBE Brokers vs Exness vs XM – a Comparison
16. GBE Brokers Customer Reviews
17. GBE Brokers Pros and cons
18. GBE Brokers Conclusion
19. GBE Brokers Disclaimer
20. Frequently Asked Questions

GBE Brokers Overview

According to research in South Africa, GBE Brokers is a German company founded in 2007 with headquarters in Germany.

GBE Brokers was previously known as GBE Safepay Transactions Ltd and was renamed GBE Brokers in 2014. It registered with CySEC in 2016 and is also registered with the Financial Conduct Authority (FCA) in the United Kingdom.

GBE Brokers offers trading in forex and CFDs through the MetaTrader4 and MetaTrader5 platforms.

GBE Brokers Safety and Security

GBE Brokers Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the United Kingdom.

Funds are kept in separate accounts and cannot be used by the broker. It has regulations from the Tier 1 reputable country.

GBE Brokers Sign-Up Bonus

GBE Brokers does not offer new traders a sign-up bonus or also known as a welcome bonus when signing up.

GBE Brokers Minimum Deposit

The minimum deposit amount required to register a GBE Grokers trading account is $500. This minimum deposit is equivalent to R8000 ZAR at the current exchange rate between the  South African Rand & United States Dollar.

GBE Brokers Demo Account

GBE Brokers does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The GBE Brokers demo account does not have a specific expiry date.

GBE Brokers Leverage

Leverage enables a trader to get a much larger exposure to the market the person is trading than the amount deposited to open the trade. Leveraged products, such as forex trading, magnify a trader’s potential profit – but also increase the potential loss.

Leverage is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1 000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

Margin is the collateral to cover any credit risks that may arise during trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you need to have enough funds in your trading account to ensure sufficient margin.

For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.

At GBE Brokers the leverage ratio is 1:500.

Overall Rating

• 3.4/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 500

Regulators

CySEC, FCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

GBE Brokers Accounts

GBE Broker offers a choice between 2 account types:

GBE Traditional

• Spread from 0.7 pips
• Zero Commission
• 200+ Trading Products
• GBE Raw
• Raw Spread from 0.0 pips
• Commission from 3,00 EUR
• 200+ Trading Products
• Ideal for EAs and Scalping

GBE Traditional Plus

• Spread from 2.0 pips
• Zero Commission
• 200+ Trading Products
• MT4 Training
• Free Trading Tools
• Personal Account Manager

The order size on all the accounts is from 0.01. Clients also have the option to open a free demo account that can be used for a period of 30 days.

How to open a GBE Brokers account

1.  Step 1 – Register an account

Navigate to the GBE Brokers website and select the “Live account” option.

2.  Step 2 – Complete information

Complete all the information requested and select register.

3.  Step 3 – Verification of account

Verification of your account will be sent to traders to log into the account.

GBE Brokers Market instruments

The most popular market instruments available from most brokers for trading include:

Forex:

Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

Commodities:

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Indices:

Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Precious metals:

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

Energy:

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

GBE Broker offers trading in over 70 trading instruments that include:

• Forex
• Cryptocurrencies
• Metals
• Indices
• Bonds
• Commodities
• Energies
• Shares

GBE Brokers Fees, Spreads & Commissions

Cost and fees depend on different factors, like spread and margins, and GBE Brokers’ clients may also experience different fee structures according to their country or place of residence.

The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

Spreads in the traditional accounts start at 0.7 and 2 pips while on the raw accounts’ spreads start at 0.0 pips.

Withdrawals in the EUR currency are free of charge. For other currency withdrawal requests, the broker charges 0,15% of the withdrawn amount with a minimum of 15 EUR/20 USD/20 CHF. All fees of third-party banks is for the client account.

GBE Brokers Deposit and withdrawal

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.

In the case of GBE Brokers, the following minimum deposits are required:

• GBE Traditional – €1 000
• GBE Raw – €1 000
• GBE Traditional Plus – €500
• GBE Raw Plus – €500

The following methods can be used to fund accounts and to execute withdrawals:

• Credit Card
• Neteller
• Skrill
• Hellenic Bank Cyprus
• Astro Bank
• Sutor Bank Germany
• PayPal (EU residents only)

The broker does not accept third-partyv payments and the same name of the account holder should be used for all transactions. All transactions and trading are done through MyGBE trading portal.

Deposits and withdrawals are usually done within 24 hours except for bank transfers which take between 1 to 4 business days. Deposits into a trading account can be made in EUR, USD or CHF.

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

Read Review

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

Visit Broker

#2

Read Review

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

Visit Broker

#3

Read Review

CySEC, MWALI, FSCA

$25

Visit Broker

#4

Read Review

CySEC, FCA, FSA, FSCA

$100

Visit Broker

#5

Read Review

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

Visit Broker

#6

Read Review

CySEC, ASIC, FSA, BVI, FSCA

$25

Visit Broker

#7

Read Review

ASIC, CySEC, FSA, SCB

$200

Visit Broker

#8

Read Review

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

Visit Broker

#9

Read Review

FCA, CySEC, FSCA, SCB

$100

Visit Broker

#10

Read Review

FSCA, FSC, ASIC, CySEC, DFSA

$5

Visit Broker

#1

4.8/5

User Score

Sign Up

#2

4.7/5

User Score

Sign Up

#3

4.7/5

User Score

Sign Up

#4

4.4/5

User Score

Sign Up

#5

4.7/5

User Score

Sign Up

#6

4.0/5

User Score

Sign Up

#7

4.7/5

User Score

Sign Up

#8

4.8/5

User Score

Sign Up

#9

4.5/5

User Score

Sign Up

#10

4.9/5

User Score

Sign Up

GBE Brokers Trading platforms

The forex trading platform provided by GBE Brokers to its clients is the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

GBE Brokers offer trading in the popular MetaTrader4 and MetaTrader5 platforms the English, German and Arabic languages.

MetaTrader4

MT4 combines a user-friendly interface with powerful functions and tools and the broker has improved and expanded its functions.

Orders can be placed in real-time, i.e. with minimum latency, without external applications for data comparison and without automatic account synchronization.

MetaTrader5

MT5 is the revised version of MT4 and provides over 80 built-in technical indicators and analytical objects for detailed price analysis. It offers advanced financial trading functions, as well as professional tools for technical and fundamental analysis.

There are more chart timeframes and more types of pending orders. The platform also has built-in Economic Calendar and Financial News modules.

Both platforms are available for desktop, Mac, iPhone, iPad, Android, tablets.

GBE Brokers also offers the use of Virtual Private Server (VPS). This allows 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.

GBE Brokers Best Countries by Traders

GBE Brokers Current Popularity Trend

According to Google Trends, here is an overview of how frequently the search term – “GBE Brokers” is entered into Google’s search engine over a given period of time.

GBE Brokers vs Exness vs XM – a Comparison

GBE Brokers Customer Reviews

GBE brokers is great :

GBE brokers is great :
. Very tight spread
. Excellent customer service.
● High profitable Trade signals
● Informative fx education
● Trusted broker.
It’s my way to the future.
💯😎🌹

Best Broker
low spreads, many symbols (incl. Crypto), no tax offset in Germany (very important, because other brokers charge 25% tax for every successful trade without offset).
And last but not least: Very friendly and quick customer support.

Support work fast
I set up an account on the recommendation of another user and I am satisfied. Support works fast, order executions no problems, nice client portal, and non the least great support.
The application is convenient. I recommend.

GBE Brokers Pros and cons

GBE Brokers Conclusion

GBE Brokers offers trading on a number of market instruments through the MT4 and MT5 platforms, and multiple account types. It offers competitive spreads and fees.

The broker is well-regulated through CySEC and FCA and client funds are protected and kept in separate accounts.

It does offer research tools but lacks the provision of educational tools.

Overall Rating

• 3.4/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 500

Regulators

CySEC, FCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

GBE Brokers Disclaimer

Customers and interested parties are asked to consider and check the opinions and analyses on the pages of GBE Brokers as well as the sources of information in order to decide how to trade.

GBE Brokers shall not be liable for any direct or indirect loss arising from access to the website or use of any information and services offered on the website or the inability to access or use the website.

GBE Brokers is only responsible for compliance with the laws and regulations within the European Union (EU), specifically Cyprus. The customer is responsible for compliance with any laws and regulations outside the EU. GBE brokers do not offer its services outside the EU.

Potential traders should first acquaint themselves with all these associated risks and seek advice from an independent financial advisor, according to research in South Africa.

Frequently Asked Questions

Is GBE Broker a fake or scam broker?

GBE Brokers is regulated by the CySEC and FCA

What is the overall rating for GBE Brokers?

The overall rating for GBE Brokers is 7/10

How many instruments can I trade with GBE Brokers?

GBE Brokers offer over 70 trading instruments in in forex, cryptocurrencies, metals, indices, bonds, commodities, energies, and shares

Which platforms are supported by GBE Brokers?

MetaTrader4 and MetaTrader5

Does GBE Brokers offer leverage?

Yes, GBE Brokers offers maximum leverage of 1:500