BaFinGermanyTier 1Licence number
10148129
View licence record- Licence holder
- Held by GBE Brokers Ltd., Zweigniederlassung Hamburg
- GBE brokers
- Licence type and regime
- Financial Service
Not checkedChecked
At a glance
Regulation on record for GBE brokers
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 1
GBE brokers has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. We located 1 of 2 on the issuing authority’s own register.
The registers print these licences under GBE Brokers Ltd., Zweigniederlassung Hamburg. Searching a register for the trading brand alone may return nothing — use the name above.
Issuing authorities
Licence record
Licences on record
Every licence on record for GBE brokers, strongest authority first.
2 records
- BaFinGermanyTier 1
CySECCyprusTier 2Licence number
240/14
View licence record- Licence holder
- Held by GBE brokers
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- BaFin registerOpen register
Protection
What this licence protects
BaFin's own rules for the firms it authorises.
- Compensation schemeUp to €20000
- Client money kept separate
- Negative balance protection
- Complaints routeBaFin Complaints Unit
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by GBE brokers
Answered from the register entries on this page.
Most Popular Questions
Nothing found in this review supports that. The operating company is real, is on the Cypriot companies register at the address it publishes, has been registered since 2013, names its directors, and discloses three physical offices and a full fee schedule. The honest caveats are that the licence itself was not independently confirmed with the regulator during this review, that the 1,000 EUR entry minimum is high, and that CFDs are a high-risk product on which most retail accounts lose money. Verify the licence number yourself and start conservatively.
The firm operates as a European investment firm and publishes a list of authorised countries for its cross-border service on its own site. Availability outside the countries on that list is not guaranteed, and residents of the United States and sanctioned jurisdictions are not served.
German and English. General support runs 09:00 to 18:00 CET, the German trading desk 08:00 to 18:00 CET, and the English trading desk is quoted as 24/5. Support is by phone and email; no live chat is advertised.
No swap-free account is advertised on the three published live tiers. The broker does publish a swap-rates page, so financing costs apply to positions held overnight.
More than 1,000 CFD instruments, covering forex pairs, indices, individual shares, commodities, metals, futures and cryptocurrencies. All of it is CFD trading on margin, so you do not own the underlying asset.
The operator states that clients are covered by the Cypriot Investor Compensation Fund up to 20,000 EUR, or 90 percent of the claim, whichever is lower, and that a private excess-of-loss policy adds cover up to 300,000 EUR per client. Compensation schemes cover firm failure; they do not cover trading losses.
The broker quotes one to four business days for the bank-transfer routes and same-day handling during business hours for card and PayPal withdrawals. Actual arrival also depends on your own bank or payment provider, and WIKILIX has not independently timed a withdrawal.
SEPA withdrawals in euro are free. Withdrawals in other currencies cost 0.15 percent with a minimum of 15 EUR / 20 USD / 20 CHF. Card withdrawals cost 2 EUR or 2.50 USD, and PayPal withdrawals cost 2 percent capped at 5 EUR.
By bank transfer through Raiffeisen Bank International, Sutor Bank or Commerzbank, by credit card through Paysafe, or by PayPal. Bank transfers take one to four business days with no deposit fee. Card deposits cost 1.49 percent and are capped at 2,500 EUR; PayPal deposits cost 3.5 percent, are euro-only, restricted to EU residents and capped at 50,000 EUR.
Two pricing models run side by side. On the commission-bearing symbols, spreads start at 0.0 pips on EURUSD and the commission is 6.50 EUR / 7.00 USD / 7.00 CHF per lot on Classic, 6.00 / 6.50 / 6.50 on Plus and 5.50 / 6.00 / 6.00 on VIP. On the commission-free symbols, EURUSD starts from 0.8 pips. DAX spreads start at 1.2, 1.1 and 1.0 by tier. Indices, shares, commodities and futures carry no commission; crypto CFDs are charged at 0.06 percent.
MetaTrader 4, MetaTrader 5 and TradingView, each available through the browser, on Windows and Mac, and on Android and iOS. MT5 and TradingView carry the full range of over 1,000 instruments; MT4 carries over 400, and futures are not available through TradingView.
Up to 1:30 on all three published live accounts, which is the standard European retail cap. Higher leverage is only available to clients who qualify as elective professional clients, and the broker publishes a separate FAQ on that classification.
1,000 EUR, USD or CHF for the entry-level GBE Classic account. GBE Plus starts at 10,000 and GBE VIP at 100,000 in the same currencies. That entry point is well above the market norm and rules the broker out for anyone wanting to start small.
The operating company is GBE BROKERS LTD, company number HE 324205, registered in Cyprus on 5 August 2013 and still shown as Registered. Its registered office is Archiepiskopou Makariou III, 82, 1st floor, Mesa Geitonia, 4003 Limassol. The company's own imprint names its directors as Niklas Neubauer, Olga Kvasova, Andreas Psindros and Raminta Vaiciute, and gives the VAT number CY10324205A and the LEI 213800GTHAE44SHT4L77.
GBE brokers has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
GBE brokers holds licence records issued by BaFin, CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by GBE brokers come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
We located 1 of the 2 licence records held by GBE brokers on the issuing authority’s own register. One has not been looked up yet. An unchecked entry is a gap in our coverage, not a finding against the licence.
The registers print them under GBE Brokers Ltd., Zweigniederlassung Hamburg. A licence is often held by a subsidiary rather than the trading brand, which is why searching a register for the brand name alone can return nothing.
GBE brokers has licence records in Germany, Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.