Founded in 2016 by Gulf Brokers Limited in the Island Republic of Seychelles, the broker offers online trading services in forex, commodities, stocks, and indices via the advanced MetaTrader 5 trading platform. They provide traders with some educational materials and trading tools like portfolio management, financial/economic news, and training resources.
Gulf Brokers has won several industry awards in honor of their excellent brokerage services and was recently voted the second-best online broker in a poll conducted by Trader magazine.
Gulf Brokers Review Introduction
In this Gulf Brokers review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Gulf Brokers.
Gulf Brokers Platforms & Tools
Gulf Brokers, clients are provided with the sophisticated MetaTrader 5 trading platform. It is a very popular trading platform that was developed by MetaQuotes Software Corporation in 2010 to succeed the already-established MetaTrader 4 platform. MT5 comes with a simple interface that is easy enough for new traders, yet it has advanced trading tools and market analysis features to make it suitable for professional traders.
The platform is available as a desktop application for Windows and Mac computers and a WebTrader that can run directly on modern web browsers, such as Chrome, Firefox, Safari, and Edge. There are also mobile apps for Android and iOS devices and can be downloaded from the respective app stores.
Clients also get access to a range of useful trading tools in addition to the ones that are built into the MetaTrader 5 trading platform. They include Portfolio Management Services, Economic Calendar, Market News, Daily Summary, and more.
Gulf Brokers Research & Education
Gulf brokers provides traders with a good selection of educational resources to make them better traders with enhanced trading skills and knowledge. These include a Trading Blog, Videos, Glossary, and Trading Tips.
Gulf Brokers Trading Accounts
The broker offers traders a Forex and CFD trading account for trading all the available financial instruments, and the minimum required deposit is $500. The spreads are variable with the major pairs having spreads of 3 to 4 pips, while leverage of up to 1:500 is available. There is also the Islamic Account; it is designed for the Muslim clients and has similar conditions with the Forex and CFD account, with the only difference being that there are no rollover fees charged. Demo Accounts are also provided for practice purposes.
Gulf Brokers Account Funding
Gulf Brokers clients can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank wire transfer
- Credit/Debit Cards (Visa, MasterCard, Maestro, and Visa Electron)
- Online payment processors, such as Neteller, Skrill, Visa Red Dot, Perfect money, and more
Gulf Brokers Customer Service
The broker offers a multilingual customer support team that can be contacted through telephone, email, social media, or the ‘contact us’ form on the broker’s website.
Gulf Brokers Regulation
The parent company, Gulf Brokers Limited is registered as a securities dealer in Seychelles with company number, 8417634-1. The broker is regulated in Seychelles by the Financial Services Authority (FSA) with license number SD013.
Gulf Brokers Review Summary
Gulf Brokers is a regulated online trading broker based in Seychelles. They provide clients with the highly advanced MetaTrader 5 trading platform for trading multiple financial instruments. Traders also benefit from a range of useful trading tools and educational resources.
It is worth mentioning that some of the trading products and services in this Gulf Brokers review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Gulf Brokers broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.