What Account Types and Fees Does GBE Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Classic Account |
Retail traders and beginners |
Minimum deposit of €1,000, spreads from 0.8 pips, supports scalping |
Ideal for those starting with a moderate capital |
| Plus Account |
Intermediate to experienced traders |
Minimum deposit of €10,000, lower spreads, tailored services |
Requires higher initial investments; better for active traders |
| VIP Account |
High-net-worth individuals and professional traders |
Minimum deposit of €100,000, personalized services, premium spreads |
Designed for serious traders with substantial capital |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading options available |
Must submit relevant documentation to qualify |
| Demo Account |
New traders and those testing strategies |
Practice trading with virtual funds, access to all trading tools |
Limited to a certain period; great for skill development |
Account Opening Process
To open an account with GBE Brokers, follow these steps: Start by visiting the GBE website and selecting your desired account type. You will need to fill out a registration form that requires personal, employment, and financial information. Additionally, identity verification is necessary, which includes submitting proof of identity (like a passport) and proof of address (such as a utility bill). After your documents are approved, you can fund your account. It’s important to note that you have the flexibility to upgrade to a professional account in the future should your trading needs change.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing |
| CFDs (DAX) |
1.0 |
$0 |
No commission on indices |
| CFDs (Commodities) |
1.5 |
$0 |
Standard fees apply |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, GBE Brokers has several other costs to be aware of. Deposit and withdrawal fees may apply based on the payment method, with credit card withdrawals typically incurring a 1.5% fee. An inactivity fee of €10 per month will be charged if there is no trading activity for over 12 months. Platform usage fees are not applicable, and overnight interest (swap rates) may be charged based on the positions held. Currency conversion fees may also apply when trading in different currencies.
