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Broco Review

Residence, Regulation, and Company Management Structure

Broco Investment Inc. is registered in Mauritius and is regulated by Financial Service Commission of Mauritius and, since its residence is Russia, by the Federal Commission on Financial Market. Besides, it is granted with such licenses as FSC Category 1 Global Business License, Dealer’s license of the Federal Commission on Financial markets etc. The entire list of its certificates and licenses is here.

Company’s Market Position

The company names itself a broker and offers the services at Forex, futures and stocks market. It conducts asset management. Also Broco represents Genesis, Man Financial and Saxo Bank.

Types Services Offered

Broco introduces 57 currency pairs for Forex trading. Futures CFD, the whole number of American and Russian shares are as well available for its Customers.

Customers can trade both standard and mini (0.01) contract. Leverage varies depending on the volume of deposit. (from 1:200 to 1:33) Rollover through the night is conducted as follows: market swaps for Forex, no swaps for CFD. Minimum deposit is $1000. Customer may choose among three banks, use WebMoney and PayPal.
Type of orders’ execution is Market Execution.

Traders Support

Training accounts are available. One may learn about the Company and its services due to the FAQ. The web-site support 5 languages (Russian, English, Chinese, Spanish, Ukrainian), technical support team is available within 24 hours. Also Broco provides its users with interactive support by chat, e-mail and Skype (QQ for Chinese users).

The Trading Platform

Broco provides its customers with “Broco Trader 4” trading platform adjusted on the basis of Meta Trader 4. Soon, Currenex and Strategy Runner platforms will be launched. Currenex will present better terms for Forex trading whereas Strategy Runner platform will considerably improve trading terms for futures.

The Site

The web-site has the standard site map guiding you through. Since several articles (about education, broadcasting) are vital only for Russian speaking users there are pages not translated into the rest of languages. Tables of spreads, trading conditions etc. are visually presented on the web-site.

Advantages

A relatively large number of trading tools, new trading solutions which are going to be launched, comfortable trading platform seem to be attractive for future Customers.

Mission

Broco mission is to be an ideal partner in the world of financial markets.


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