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GULF BROKERS -

Score

3.42 /10
Danger

GULF BROKERS

Australia

5-10 years

Regulated in Seychelles

Retail Forex License

High potential risk

Offshore Regulated

https://www.gulfbrokers.com

Influence

C

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index3.05

Business Index7.63

Risk Management Index0.00

Software Index4.00

License Index3.05

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GULF BROKERS LTD

Company Abbreviation

GULF BROKERS

Platform registered country and region

Australia

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-06-16
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD013 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
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GULF BROKERS · Company summary
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

News

NewsBest performing stocks through the first half of 2023

The performance of Wall Street in the initial six months of 2023 has been notably impressive. The Nasdaq, predominantly composed of technology stocks, recorded its strongest performance in the first half of a year in the past four decades, experiencing a substantial surge of 31.73% year-to-date. This article aims to examine the top five entities that have emerged as winners in the stock market during the initial half of 2023.

WikiFX
2023-07-10 11:16
Best performing stocks through the first half of 2023

NewsJune 14th big day for USD: Will the bulls or the bears win the day?

The Federal Reserve interest rate decision is just one week away, and the price of the US Dollar Index (DXY) – which measures the value of the USD against a group of other currencies – is looking pretty neutral with a bit of a bullish leaning. So, things are looking okay for now – fingers crossed!

WikiFX
2023-06-14 10:00
June 14th big day for USD: Will the bulls or the bears win the day?

NewsInternationalization of INR: Indian rupee gaining global recognition

India's rupee trade settlement mechanism, which was set up by the Reserve Bank of India in July 2022, is attracting interest from more countries apart from Russia.

WikiFX
2023-04-03 10:16
Internationalization of INR: Indian rupee gaining global recognition

News5 stocks you should add to your watchlist now

The best chance of outlasting a bear market is by investing in quality businesses at attractive valuations. Stocks started this year on a positive note in hopes that cooling inflation may allow the Fed to take it easier on rates. However, markets still face a lot of headwinds like rising interest rates and an impending recession. This article would explore 5 stocks you should add to your watchlist now.

WikiFX
2023-02-15 14:42
5 stocks you should add to your watchlist now
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Comments

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FX1287201128
more than one year
I give Gulf Broker five stars, for its fast deposit and withdrawal. Never have any issues or problems, Kim is always here to solve my problems, thank you.
I give Gulf Broker five stars, for its fast deposit and withdrawal. Never have any issues or problems, Kim is always here to solve my problems, thank you.
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2023-02-24 15:26
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FX1229335420
more than one year
I've been using other broker's trading apps, but It's frustrating when you see price moves manipulated. But with GULF BROKERS, it's been a while trading with mobile apps and even on my desktop. With my demo account, no issues were found. Market execution is great. Thanks to the team and the management. God Bless.
I've been using other broker's trading apps, but It's frustrating when you see price moves manipulated. But with GULF BROKERS, it's been a while trading with mobile apps and even on my desktop. With my demo account, no issues were found. Market execution is great. Thanks to the team and the management. God Bless.
Translate to English
2023-02-15 16:31
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0
0
6