Abstract:GULF BROKERS is an online broker that provides global traders with multi-category trading services, including forex, stocks, commodities, indices, etc. The platform uses MetaTrader 5 (MT5) as its core trading tool, supporting mobile and web-based operations. With a minimum deposit of $20,000, it is suitable for certain traders but not for small-scale investors.
GULF BROKERSReview Summary | |
Registered On | 2012-01-05 |
Registered Country/Region | Australia |
Regulation | FSA (Offshore Regulated) |
Market Instruments | Forex, stock indices, shares, and commodities |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 0.0 pips |
Trading Platform | MT5 (Web-based platforms, iOS, and Android) |
Min Deposit | $20,000 |
Customer Support | +44 20 3885 7310 |
support@gulfbrokers.com | |
Twitter, Instagram, Facebook | |
GULF BROKERS LTD Room B11, First Floor, Providence Complex, Providence, Mahe Seychelles. |
GULF BROKERS is an online broker that provides global traders with multi-category trading services, including forex, stocks, commodities, indices, etc. The platform uses MetaTrader 5 (MT5) as its core trading tool, supporting mobile and web-based operations. With a minimum deposit of $20,000, it is suitable for certain traders but not for small-scale investors.
Pros | Cons |
Multiple trading instruments | Offshore regulation (FSA) |
Flexible accounts | Minimum deposit of $20,000 (Silver account) |
MT5 available | Inactivity fee for dormant accounts |
Leverage up to 1:500 | Minimum spread of 3 pips (EUR/USD) |
GULF BROKERS is a legitimate broker holding a financial investment business license (SD013) issued by the FSA (Financial Services Authority). It complies with international anti-money laundering (AML) requirements and client fund segregation rules, qualifying as a regulated and reputable broker.
Tradable Instruments | Supported |
Forex | ✔ |
Shares | ✔ |
Commodities | ✔ |
Indices | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Account Type | Silver | Gold | Platinum | Diamond |
Minimum Deposit | $20,000 | $50,000 | $200,000 | $500,000 |
Deposit and withdrawal fees | No | No | No | No |
Customer Support | 24/5 | 24/5 | 24/5 | 24/5 |
Lowest spread | From 0.015 pips | From 0.0125 pips | From 0.01 pips | From 0.0 pips |
Maximum Leverage | 1:500 | 1:500 | 1:500 | 1:500 |
Fees | 0.25 % (20% lower charges) | 0.20 % (40% lower charges) | 0.15 % (60% lower charges) | 0.10 % (80% lower charges) |
Trading Fees
Spreads: Floating, with a minimum of 3 pips for EUR/USD.
Commission: Charged based on account tiers (0.10%-0.25%), with lower rates for higher-tier accounts.
Non-Trading Fees
Inactivity Fee: $10 or equivalent currency per month if there are no trades, deposits, or withdrawals for over 1 month.
GULF BROKERS offers leverage of up to 1:500, applicable to all account types.
GULF BROKERS supports MetaTrader 5, which is compatible with web-based platforms, iOS, and Android, making it suitable for professional traders. It also provides novice traders with a free demo account (with $100,000 in virtual funds) for practice.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Web-based platforms, iOS, and Android | Professional traders |