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GULF BROKERS Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-03 12:05

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 On2012-01-05
Registered Country/RegionAustralia
RegulationFSA (Offshore Regulated)
Market InstrumentsForex, stock indices, shares, and commodities
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT5 (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 Information

  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 BROKERS

Pros and Cons

Pros Cons
Multiple trading instrumentsOffshore regulation (FSA)
Flexible accountsMinimum deposit of $20,000 (Silver account)
MT5 availableInactivity fee for dormant accounts
Leverage up to 1:500Minimum spread of 3 pips (EUR/USD)

Is GULF BROKERS Legit?

  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.

legitimate
legitimate

What Can I Trade on GULF BROKERS?

Tradable Instruments Supported
Forex✔
Shares✔
Commodities✔
Indices✔
ETFs❌
Bonds❌
Mutual Funds❌
Instruments

Account Type

Account Type SilverGoldPlatinumDiamond
Minimum Deposit$20,000$50,000$200,000$500,000
Deposit and withdrawal feesNoNoNoNo
Customer Support24/524/524/524/5
Lowest spreadFrom 0.015 pipsFrom 0.0125 pipsFrom 0.01 pipsFrom 0.0 pips
Maximum Leverage1:5001:5001:5001:500
Fees0.25 % (20% lower charges)0.20 % (40% lower charges)0.15 % (60% lower charges)0.10 % (80% lower charges)

GULF BROKERS Fees

  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.

  1. Margin Interest: Overnight interest is waived for Islamic accounts; standard accounts are charged at market rates.
Fees

Leverage

  GULF BROKERS offers leverage of up to 1:500, applicable to all account types.

Trading Platform

  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 PlatformSupported Available Devices Suitable for
MT5✔Web-based platforms, iOS, and AndroidProfessional traders
MT5

  

Related broker

Offshore Regulated
GULF BROKERS
Company name:GULF BROKERS LTD
Score
3.42
Website:https://www.gulfbrokers.com/
5-10 years | Regulated in Seychelles | Retail Forex License | High potential risk
Score
3.42

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