GULF BROKERS
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 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.
Pros and Cons
| 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) |
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.
What Can I Trade on GULF BROKERS?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Shares | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
| 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) |
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.
- Margin Interest: Overnight interest is waived for Islamic accounts; standard accounts are charged at market rates.
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 Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web-based platforms, iOS, and Android | Professional traders |
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