Forex broker Broco. Overview

Forex broker Broco. Overview

Brokers review

  forex broker broco. overview

 

Broco

Forex broker Broco is a relatively young broker at the Forex market. But in its work, the company provides its clients with a wide range of Internet trading services and trading tools for financial operations.

The Broco Broker gives his clients access to trading in currencies, stocks, futures, and other trading instruments. According to the results of voting during the exhibition MOSCOW FOREX EXPO, Broco was recognized as the best operator of the Forex market in 2008.

For the convenience of work, the company offers traders an impressive selection of trading platforms that are aimed at trading on the Forex market, CFDs on: futures on metals, currency futures, index shares, exchange futures, futures on U.S. and Russian shares.

Company offers its clients work on five accounts, which differ in their trading conditions.

Broco Trader Mini

  • Minimum deposit – 25 USD; 25 EUR; 750 RUB
  • Marginal margin on open positions – USD 500; EUR 400; RUB 15,000
  • Minimum withdrawal amount – 25 USD; 25 EUR; 750 RUB
  • Minimum amount of transfer between accounts – USD 10; EUR 10; RUB 300
  • Leverage Fixed leverage – 1:500. Does not change
  • Instruments for trading CFDs on futures only in the near term; Forex with a fixed spread
  • Minimal lot 0.01 of FOREX lot; 0.1 of FOREX_FX lot; 0.01 CFD on futures
  • Minimal trade volume – 0.01 lots
  • Maximum trade volume – 10 lots
  • Step 0.01 of FOREX lot; 0.1 of FOREX_FX lot; 0.01 of CFDs on futures
  • Forex spread – from 0.1 pips; CFD – stock exchange
  • Forex Nightly Transfer of Positions – Market Swaps; CFDs – No Swaps Are Charged
  • Maximum number of simultaneously opened positions – 100
  • Maximum number of simultaneously opened positions – 30
  • Number of simultaneously displayed instruments in the “Market Watch” window – 50
  • Execution of orders – Market Execution
  • Limit and stop levels are absent
  • Hedging margin (for locking positions) – absent
  • MarginCall level – 40%
  • StopOut level – 30%
  • Trading platform – Broco Trader
  • Basic accounts – not available
  • Managed account opening – unavailable
  • Investing in a managed account – unavailable
  • Methods of interaction with the Company – tickets in a personal cabinet; technical support – by phone
  • Telephone dealing – no
  • Personal broker – no
  • Newswire in the terminal – news headlines only
  • “StopOut in money” – loss limitation – unavailable
  • “IP filter” – protection against unauthorized access to the account – not available
  • Added conditions
  • Set order inside spread – allowed
  • Money retention guarantee
  • Scalping allowed – allowed
  • Advisors allowed – allowed
  • Information support – Trading Central, Dow Jones
  • Trade operations – start of operation: Monday – 02:00 MSK, end of operation: Saturday – 01:00 MSK3

Broco Trader Classic

  • Minimum deposit – USD 500; EUR 500; RUB 15,000
  • Maximum margin on open positions – no restrictions
  • Minimum withdrawal amount – 25 USD; 25 EUR; 750 RUB
  • Minimum amount of transfer between accounts – USD 10; EUR 10; RUB 300
  • Li>Leverage – Floating. Maximum is 1:200. Possible change
  • Trade Instruments – CFDs on short and long term futures; Forex with fixed and floating spreads
  • Minimum lot – 0.01 of FOREX lot; 0.1 of FOREX_FX lot; 0.01 of CFD on futures
  • Minimal transaction volume – 0.01
  • Maximum trade volume – 20 lots
  • Step – 0.01 of FOREX lot; 0.1 of FOREX_FX lot; 0.01 of CFDs on futures
  • spread – Forex – from 0.1 pips; CFD – stock exchange
  • Forex Nightly Transfer of Positions – Market Swaps; CFD Swaps are not charged
  • Maximum number of simultaneously opened positions – no restrictions
  • Maximum number of tools used – no restrictions
  • Number of simultaneously displayed instruments in the “Market Watch” window – 500
  • Execution of orders – Market Execution
  • Limit levels – none
  • Stop level – none
  • Hedging margin (for locked positions) – no
  • MarginCall level – 80%
  • StopOut level – 70%
  • Trading platform – Broco Trader
  • Beswap accounts – available
  • Managed account opening – available
  • Investing in a managed account – available
  • Methods of interaction with the Company – tickets in the personal cabinet; e-mail; online chat; telephone
  • Telephone dealing – available
  • Personal broker – available
  • Newswire in the terminal – full package
  • “StopOut in Money” – loss limitation – available
  • “IP filter” – protection against unauthorized access to the account – available
  • Set order inside spread
  • Money retention guarantee
  • Scalping – allowed,
  • Advisors – allowed
  • Information support – Trading Central, Dow Jones
  • Trade operations – start of operation: Monday – 02:00 MSK, end of operation: Saturday – 01:00 MSK3

Autotrader

  • Currency – US dollars; euro; Russian rouble
  • Minimum deposit – 1000 USD; 1000 EUR; 30 000 RUB
  • Minimum withdrawal amount – 25 USD; 25 EUR; 1000 RUB
  • Minimum amount of transfer between accounts – USD 10; EUR 10; RUB 300
  • Leverage leverage – floating
  • Minimum lot – 0.1 lots
  • Step – 0.1
  • Spread – from 0.1 point
  • Position transfer overnight by market swaps
  • Trade instruments – 56 currency pairs
  • Execution of -Market Execution

orders

  • Automatic execution of orders (1-5 sec)
  • Commission for the use of Commission strategies – no.
  • The fee consists in extending the spread by 1 point
  • Fill and Withdrawals – bank transfers US dollars, Euros, Russian roubles, Web Money transfers, transfers from trading account to account
  • Limit levels – none
  • Stop level – none
  • Hedging margin (for locked positions) – no
  • MarginCall level – 80%
  • StopOut level – 70%
  • Trading platform – MirrorTrader
  • Information support – Trading Central, Dow Jones
  • Special conditions – placing an order inside the spread
  • Money retention guarantee
  • Ability to manage your trading account by phone 24/7
  • Scalping – allowed
  • Trade operations – start of operation: Monday – 02:00 MSK, end of operation: Saturday – 01:00 MSK

CQG

  • Currency – US dollar
  • Minimum deposit for trading in micro futures contracts – 1 – 500 USD; for trading in popular futures on reduced daily margin 2 and spreads – 2 000 USD; for trading any instruments – 5 000 USD
  • Minimum transaction volume – one exchange-traded futures contract
  • Commission on futures: 4 USD per trade, 8 USD round turn (including exchange fees), on options: 6 USD per transaction, 12 USD round turn
  • Fill and Withdraw – all available ways
  • Margin Call level – 100%
  • Trading platforms – Comex/Nymex, ICE(Europe) ICE(USA), Liffe, Eurex, MATIF, CME (Globex), CBOT
  • Trading terminals – CQG Trader, CQG Integrated Client
  • Information support – Trading Central, Dow Jones

Currenex

  • Minimum deposit – 15 000 US dollars
  • Leverage – 1:50
  • Minimum contract – 40 000
  • Minimal step -10,000
  • Position transfer overnight – market swaps
  • Instruments – 80 currency pairs
  • Spreads – from 0.5 points
  • Commission – 6 USD per 100,000 units of base currency
  • Quotation method – ESP (flow prices)
  • Stop Out Level – 75%
  • Trading platform – Currenex Classic
  • Information support – Trading Central, Dow Jones
  • Trade operations – start of operation: Monday – 02:00 MSK, end of operation: Saturday – 01:00 MSK