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BroCo — Forex Broker

Doesn't accept US tradersUS traders
  • Free education
  • Trading by telephone
  • PAMM accounts
  • Managed accounts
  • Affiliate program
  • Islamic accounts available

  See BroCo reviews

5.5/10 (188 votes)
Company BroCo Investments Inc.
Founded and online since 2003
Offices in Mauritius
Russian Federation
Ukraine
Payment options Show payment optionsHide
Demo platforms
  • MetaTrader 4
  • MetaTrader 5
  • Currenex Classic
  • MirrorTrader
  • CQG
Account currencies Euro
United States dollar
Regulated by FSC (Mauritius), C108005633
Website available in Arabic
Chinese
English
German
Russian
Support available in Arabic
Chinese
English
German
Russian
Support methods Email
Forum
Live chat
Office
Phone
Trading server time zone GMT+2
Conditions for VIP traders Silver Member ($50,000+):
Credit on Deposit: $5,000 (Tradable only)
5% lower commissions
Personal Broker

Gold Member ($100,000+):
Credit on Deposit: $7,000 (Tradable only)
10% lower commissions
Personal Broker available 24 hours a day five days a week / Response time not more than 4 working hours
iPhone 3G

Platinum Member ($150,000+):
Credit on Deposit: $10,000 (Tradable only)
15% lower commissions
Personal Broker available 24 hours a day five days a week / Response time not more than 4 working hours. Personal contact with head of brokerage Department
iPad

Account Types

Minimum account size $25
Maximum account size $500
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 2
Commission (one-way) for CFD per 1 std. lot $10
Scalping Allowed
Expert advisors Allowed
Trading instruments ExpandMinimize
Trading platforms MetaTrader 4
Digits after the dot in quotes 4
Margin call level 40%
Stop-out level 30%
Number of currency pairs (of which exotic) 47 (17)
Special notes Stop/limit orders aren't allowed.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • Mobile trading
  • Automated trading

  Open demo account with BroCo.

View contract specifications.

Reviews 

19 reviews of BroCo are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

  trader from Czech Republic.
Tuesday, April 24, 2012

They are cheaters - cannot get money back. Asked for withdrawal 7 weeks ago and they still hold my money. Stay away and don't get them a cent - they will steel your money.

  BABAR ALI from Greece.
Thursday, November 24, 2011

I am working with broco more then a year i did not find any problem with broco in execution, in withdral, or in client support except they stop working with moneybookers(Skrill)

  Lonia from Germany.
Friday, October 7, 2011

Don´t trade with real money with Broco, you will never get any cent back. Broco makes no withdrawals for some time!! Don´t do it!

For weeks I´m fighting to get my money back!

  Trader from Nigeria.
Tuesday, July 26, 2011

I must say thank you to Broco for diversity of tools they offer in particular, CFDs, and for a prompt client support.

BTW please fix opening account link beneath terms here into: http://www.brocompany.com/trading-platform/broco-trader/

  Puma from Italy.
Saturday, July 16, 2011

They do not answer to my withdrawal request!

I cannot get my money back!!!!

Is there anyone who is having the same problem?

any suggestion?

Thanks in advance, Puma

  SickAndTiredOne from US.
Thursday, March 10, 2011

Do not use this broker. They would not return your funds. These crooks will steal your money. Stay away!!!

  Martin from Ireland.
Monday, June 21, 2010

My broker Nr.1. Trading with him over one year. Fast executions, STP, ECN all in one platform. Various options especially my favorite crude oil, I experienced zero issues with them. Great customer service, friendly personal broker. I also trade with other brokers but slowly cutting them off and focusing on this one because here I have everything. Perhaps personal web area could be little bid improved but it does not affect my trading. It is my pleasure to do business with Broco.

  Moneer from Iraq.
Thursday, April 1, 2010

They increased the leverage to 1:500

accept Hedging , scalping

am trading now and made withdraw with no problem

better than USA brokers that work under (silly NFA) rules.

I think they will get brilliant future.

Russia know how to work.

  John Goldman from US.
Saturday, March 13, 2010

Great Broker , I am happy with their service , even withdrawal are easy and no hassle , So man instruments and even better platform .

I recommend it highly

  Catana from Czech Republik.
Wednesday, January 6, 2010

Addition:

Meta4 is allways standing still.

I think that is the intention of those!

  Catana from czech republic.
Wednesday, December 9, 2009

In the beginning everything was fine, run fast, support fast and friendly and fast payment.

But by the time the trades were always slower to be open and close and each trade was with slippage. I have no trade without slippage since 4 weeks. It gets worse.

Perhaps someone can report something positive about it?

  naji from cyprus.
Saturday, December 5, 2009

Good broker. Fast deposit/withdrawal and excellent customer support.

  Olugbemi Eric from Nigeria.
Tuesday, October 13, 2009

Augustus comment prompted mine. i want to thank Broco for there wonderful customer care.

  Ken from Nigeria.
Friday, September 11, 2009

Helo Obasi and Augustus I need to get in touch with you. Please you guys should reply me through this mail d.ken33@yahoo.com. I need you because I want to use Broco.

  OBASI BRIGHT from Nigeria.
Tuesday, September 8, 2009

I have never experienced such a wonderful customer service else where as to compare with that of BroCo Group. These guys really mean their business, I have nothing more to say about them except this... they are more than goooooooood! Just imagine.

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