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GULF TRADER Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-31 18:50

Abstract:Based in UK and Established in 2000, Gulftrader is a company that purportedly deals in forex, cryptocurrency, shares, commodities and indices. However, Gulftrader operates without regulatory oversight from any reputable financial body.

  Note: GULF TRADER's official website: https://gulftrader.com/ is currently inaccessible normally.

GULF TRADERReview Summary
Founded2017
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, indices, stocks, crypto coins, shares
Demo Account/
LeverageUp to 1:400
SpreadFrom 1.5 pips
Trading PlatformWeb-based
Min Deposit$500
Customer SupportPhone: + 44-20-3807-7051
Email: support@gulftrader.com

  Based in UK and Established in 2000, Gulftrader is a company that purportedly deals in forex, cryptocurrency, shares, commodities and indices. However, Gulftrader operates without regulatory oversight from any reputable financial body.

Gulftrader

Pros and Cons

ProsCons
Various trading instrumentsNot regulated
Inaccessible website
No MT4/5

Is GULF TRADER Legit?

  GULF TRADER is not regulated and the website is not available.

What Can I Trade on GULF TRADER?

  GULF TRADER offers 5 trading asset classes, including forex, indices, stocks, crypto coins, shares.

Tradable Instruments Supported
Forex✔
Indices✔
Stocks✔
Crypto coins✔
Shares✔
ETFs❌
Bonds❌
Mutual Funds❌

Leverage

  GULF TRADER offers a leverage of up to 1:400, which is quite high.

Spreads

  GULF TRADER offers the spreads of 1.5 pips.

Trading Platform

  GULF TRADER claims of offering a web-based trading platform.

Webtrader

Deposit and Withdrawal

  Gulftrader takes credit cards as well as wire transfers.The minimum deposit the broker offering is $500. This is much higher than the industry average too, which typically moves around the $100-200 mark. However, information regarding deposit and withdrawal methods, fees, and processing time is unclear.

Related broker

No Regulation
GULF TRADER
Company name:GULF TRADER
Score
1.52
Website:https://gulftrader.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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