✔️ Information reviewed and updated in May 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Brokereo. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Brokereo and tell you why we came to such a conclusion:

Basic Information

🌐 Websitebrokereo.com
🏠 Company*Concorde Investments Ltd.
RegulatoryCySEC
📧 Email[email protected]
📈 LeadingMetaTrader4 (MT4)
📌 AddressCyprus

⚠️ Brokereo is owned by Concorde Investments Ltd, the company is located in Cyprus, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we are going to analyze the types of account that Brokereo offers, in this case, we observe that it offers 4 different types of account:

Account typeMinimum initial deposit
Silver$0
Gold$0
Platinum$0

Information on the web

Broker website

Brokereo provides economic calendar, earnings report calendar, news, some tutorials, explanation of all the different financial products that Brokereo offers, e-books, courses, tutorials.

List of phone numbers

+34900933208

🚫 Final valuation of Brokereo 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Brokereo.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Brokereo:

Date Update – news
February 2023At the moment we have no news to share

User Reviews

[democracy id = ”606 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Brokereo.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Brokereo

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Brokereo

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report Brokereo?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Brokereo a scam – is it scam?

Yes. We believe that Brokereo is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Brokering Reliable?

No. Brokereo is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Brokereo?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to Brokereo?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

62 comments on «Is brokerage a scam? 2023 Reviews»

  1. Yvette Reply

    Hello, I have invested with Brokereo a month ago, until now without a problem, but today I cannot enter my account, and the Brokereo email does not work as if it had disappeared, I am worried. Thank you

    • Recommended-brokers.com Reply

      Hi Yvette, thanks for writing about Brokereo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. michael ml Reply

    I can't access since Saturday. Something happens??

    • Recommended-brokers.com Reply

      Hello Miguel, no wonder, be careful, they are scammers.

      Greetings.

  3. Andrés Reply

    Hello, I would like to share my experience. At first, when you open the account, everything is great, but once you get the "professional" account and invest a lot of money, everything is a loss. And once you enter into big losses you don't have any kind of help, they only call you to enter more money and therefore ruin yourself more. They have left me planted twice at a time when all my capital was lost, so I do not recommend Brokereo and investing in the stock market at all.

    • Recommended-brokers.com Reply

      Hi Andres, thanks for writing about Brokereo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  4. Cristian Reply

    I would like you to broaden the range of assets, especially stocks in North American companies. Do you plan to expand?

    • BROKEREO SUPPORT Reply

      Hello Cristian. Your opinion gives us the opportunity to evaluate and improve our processes.
      We share our official service channels with you in case you have any concerns. Email: [email protected]. Telephone line +34900933208 XNUMX XNUMX XNUMX. We are attentive. Brokereo.

    • Recommended-brokers.com Reply

      Hi Cristian, thanks for writing about Brokereo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  5. ramon Reply

    If I am a beginner and once registered with that broker, how is the advice and accompaniment regarding the signals that I could have to operate? (I have a money account)

    • Recommended-brokers.com Reply

      Hi ramon, thanks for writing about Brokereo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  6. Alejandro Reply

    BROKEREO IS NOT RECOMMENDED AT ALL.
    .
    My brother and I decided to invest some money saved with Brokereo, we had time so we asked the Broker who assigned us brokereo (ALVARO G) to teach us everything he could, not only did he not inform us of many crucial things, BUT ALSO HE LIED TO US SERIOUSLY, thanks to this "person" who, after filing our complaint on the brokerage platform, we found out that he did not have much experience and had only been in the sector for a few months...
    After all this, and with a large part of our capital lost, we asked his so-called superior to assign us a quality broker, to which he assured us that he would do so, the next day he called me "the new broker" 'A certain Luis, as he was in a hurry because he said he had met another client of his, we agreed that he would call me the next day at 18:9 p.m. to see what we could do to try to save what we had left of money, and here we continue, 7 days laterXNUMX waiting for him to call us….
    We call at every day. For the client to call us, FOR SOMEONE TO CALL US, only a girl answers us and they will put the call through and they don't give us another option, and here we find ourselves losing almost everything we invest today, disappointed and almost no money. DO NOT TRUST IN THE BROKEREO PLATFORM.

    • Recommended-brokers.com Reply

      Hi Alejandro, thanks for writing about Brokereo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  7. Adri Reply

    Hi good afternoon,
    I invested €500 in Brokereo and for a few days they insisted on investing more money to have more margin. They asked me for another €500. And finally enter only €250 from my savings account. I put it all, in total I had €750 in the Brokereo account. At the beginning it seemed that everything was going well, with the broker they assigned me everything seemed fine, until in a week I lost more than €400 for the investments and what the broker told me to do. And of course I was scared, calling him and he didn't even answer, so I called and sent emails to Brokereo. Until another broker called me posing as his superior... and on top of that asking me for more money and for me to stay at Brokereo because I asked that they return at least half of the money lost and recover some more money since as I said, they are my only savings, and because of the coronavirus things are not there to lose more money and, more so when you have little people in your charge.
    In conclusion, the assigned Broker and the other one who pretended to be his superior did not answer my calls or call me back. And I don't think they'll give me back at least the €200 of what I lost when I listened to the Broker, to whom he never returned my calls or messages.
    I am very disappointed in the treatment I received, not only from the brokers but also from the company itself, which did nothing at all.
    If you think if you could help me to recover at least some more of the money I lost, I would be grateful.

    • Recommended-brokers.com Reply

      Hi Adri, thanks for writing about Brokereo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hello Luis, that's right, you can't say better.

      Greetings.

  8. Dani Reply

    ATTENTION
    Scammers
    They are great sons of………
    I have lost a lot of money and I recommend everyone to stay as far away from brokerage as possible.

    • Recommended-brokers.com Reply

      Hi Dani, that's good advice.

      Greetings.

  9. Camilo Monte Reply

    Hi! My friends are telling me about this Broker? Is it really as good as they say ??? If so, I will have to start trading

    • Susan Reply

      Hello my experience is Very very bad. I put my money and when I said that I wanted to withdraw all the money the manager did not answer me anymore I called I sent an email but no response
      After a few days I made a withdrawal of money and said that I wanted it all but nothing
      Now I have lost everything because they have passed me. I have told them that I want to close my account but they don't even answer me
      without a fraud
      I hope this message is published I only see good messages and it is not like that

    • Recommended-brokers.com Reply

      Hi Camilo, thanks for writing about Brokereo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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