If you are interested in trading with Brokerz, make sure to do so through FXMasterBot – a reliable and free online trading software that connects you directly to Brokerz and all the other brokers available for your country to choose from.
Brokerz is a new forex and CFD broker based in St. Vincent & the Grenadines that offers investors an account variety, a free demo and various trading platforms to choose from.
Is the company trustworthy though or is Brokerz just a new scam?
Read our full review and honest verdict to find out all you need to know about Brokerz.
Account Features
The first thing we look at when investigating a broker is the account types they offer. Brokerz gives investors the choice between four different account types, which keep getting better with each higher deposit.
The features listed in each account are especially vague, so we would advise traders to contact the broker directly (read our Customer Support section below to see how) to find out more regarding the exact trading conditions.
We listed all the information on the four accounts we found below.
Classic Account –> $250 Minimum Deposit
- Daily briefing & research
- Desktop & mobile trader
- Video tutorials
Gold Account –> $3,000 Minimum Deposit
- Daily briefing & research
- Desktop & mobile trader
- Video tutorials
- Standard spread: 3 pips (+)
- Fixed spread for EUR/USD (+)
- Webinars & seminars (+)
Platinum Account –> $10,000 Minimum Deposit
- Daily briefing & research
- Desktop & mobile trader
- Video tutorials
- Standard spread: 3 pips
- Fixed spread for EUR/USD
- Webinars & seminars
- General account manager (+)
- SMS news & signals (+)
VIP Account –> $20,000 Minimum Deposit
- Daily briefing & research
- Desktop & mobile trader
- Video tutorials
- Standard spread: 3 pips
- Fixed spread for EUR/USD
- Webinars & seminars
- General account manager
- SMS news & signals
- Premium daily analysis (+)
- Premium customer care (+)
Demo Account
Brokerz also offers a free demo account, which is perfect for complete beginners to practice trading entirely risk-free. Even experienced traders make use of demo accounts, because they allow them to test the broker’s platform before investing any money.
Brokerz gives users the chance to open as many demo accounts as they like for an unlimited period of time, which is an especial advantage as most brokers have very limited demo accounts and time periods before the user is encouraged to invest real money.
Trading Software & Assets
Brokerz gives investors the chance to trade CFDs in forex, stocks, commodities and indices through three different trading platforms, depending on each user’s need.
Each platform provided by Brokerz is outlined below.
MetaTrader 4 (MT4)
MT4 is the most widely used forex trading platform in the market. Due to its leading technology, user-friendly interface and advanced features, it has managed to take the trading world by storm. It is interesting to note that MT4 can be used by both beginners and experienced traders, although it’s commonly preferred by advanced traders.
In order to begin using MT4 through your Brokerz account, all you need to do is download it onto your desktop. You can do this through the Brokerz website.
WebTrader
If you prefer to avoid any downloads or installations onto your device, you can choose the Brokerz WebTrader, which uses the PantaTS web-based trading platform. This is especially easy to use for beginners, so if you are completely new to trading we would recommend the Brokerz WebTrader to start with.
To access the Brokerz WebTrader, you can simply log in to your Brokerz account and begin trading.
Mobile App
Finally, for users who prefer trading on-the-go from anywhere they may be, Brokerz provides a mobile app (available for both Android and IOS devices). This is commonly preferred by many traders, as it allows you to quickly check your trades while running some errands or taking a break from work with no need to open your computer or laptop at home.
Support Information
Users can reach the Brokerz customer support team via their email, phone or live chat. A good customer support team is usually underrated, when in reality it is essential for any company, for it shows how they treat their customers and their professional nature.
Banking & Company Information
Brokerz is owned and operated by the company Brokerz LTD, which is located at Suite 305, Griffith Corporate Centre, Beachmont, PO Box 1510 Kingstown.
Brokerz accepts the classic payment methods, like credit card (Visa, Mastercard) and bank wire transfer.
Verdict: Is Brokerz a Safe Broker?
Upon careful review of the broker, our team has concluded that Brokerz appears to be a trustworthy company to invest in.
If you decide to trade with Brokerz, make sure to do so through the free online software FXMasterBot, that makes trading even easier by providing you with world-class automated signals.