Gulf Brokers Ltd. Review
Gulf Brokers Ltd. is an online broker that offers to trade in forex, commodities, shares and indices on the MT5 platform. Gulf Brokers ltd. was founded in 2016, which makes this broker relatively experienced, and is regulated by the Financial Services Authority of Seychelles (FSA). The company has around 800 instruments. Their minimum deposit is $500, which is high, compared to other brokers. In addition, it allows traders to use interesting trades with leverage up to 1: 500 when trading on forex.
What can you trade?
Gulf Brokers offers an extensive selection of trading instruments, giving you the flexibility to diversify your portfolio across a variety of markets. With access to over 800 instruments, you can tailor your trading strategy to match your interests and expertise. Here’s a closer look at what you can trade:
- Forex: Trade a wide range of currency pairs, from major pairs like EUR/USD to exotic currencies. Whether you’re interested in short-term speculation or long-term market trends, Forex trading offers high liquidity and 24-hour access.
- Shares: Invest in shares from leading companies around the world. From tech giants to established blue-chip firms, you can trade individual stocks and potentially benefit from company performance and market movements.
- Indices: Gain exposure to entire markets by trading indices, which track the performance of a group of companies. Popular options include indices like the S&P 500, NASDAQ, or FTSE 100, offering opportunities to speculate on the overall market direction.
- Commodities: Trade in the raw materials that drive global economies, such as oil, gold, and agricultural products. Commodities offer a unique opportunity to diversify your portfolio, particularly in times of market volatility.
With such a wide variety of instruments, Gulf Brokers provides you with the tools you need to explore different markets and expand your trading potential.
Gulf broker ltd. regulation
Demo account
Gulf Brokers fees
As I have mentioned, the deposit is a minimum of $500. The minimum tradable lot size is 0.01 and there is no maximum. Leverage of 1:500 is the highest allowed and spreads are variable with the major pairs having spreads of 3-4 pips. They don’t charge any trading commission on the forex and CFD account, but a 0.5% trading commission applies to the trading of stocks on this account. Inactive accounts get charged a $10 monthly maintenance fee and advertise $0 fees on deposits and withdrawals. Keep in mind that fees can vary and can change.
they charge very low fees
The registration
As I have already seen the join button while going through their web, it was easy for me to find and simply “join”. The simple form was filled it in a minute.
While I was waiting for my welcome email, I got a view of my Client zone account. The design was clean and I could find all the information I needed intuitively. For example, at the bottom of the page, I could read through their licenses and regulations and go through the risk disclaimer. At the top of the page, I had my details, instruments option and a CTA button to start trading or make a deposit.
I left it as it was pre-set and I’m in.
When the login option comes up on the MT5 platform, you have to click (again) the demo account, fill in your name, surname and get new login details.
The Gulf brokers – Trading platform
The MetaTrader5 has a simple interface easy enough for beginners yet it has advanced trading tools and market analysis features to make it suitable for professional traders. I’m using the WebTrader which is a version of the MT5 trading platform. No downloads and installations, as I have a MacBook, I was happy to use the WebTrader. I find it minimalistic and the interface is functional, easy to use, intuitive and easy to find whatever you need. Although the design is a bit ugly. You can either choose the standard order setting path using the buttons, or you can choose a quick one-click trading path.
Metatrader5
Although the registration took a bit longer than I expected, the final feeling from starting my trading on MT5 WebTrader was worth it. Easy and intuitive.
The Gulf Brokers’ website
My first feeling was, that they are professional, no marketing drivel, everything straightforward and short. The site has a clear structure, it is clear, and the information can be found very quickly.
In the top panel of the website, you can choose:
- Trading
- Instruments
- Research
- Education
- About us
- Contact us
Pretty much the standard. There is no list of option once you hover over the selected choice. It takes you straight to the page with the information you are looking for. Gulf Brokers offers a simple news service with a number of contributions each week. In addition to news, you will find a calendar with financial events and blogs by their Chief Analyst. In the education section, you can find webinars, tips for traders and a glossary. I probably need extra educational webinars and videos to be honest.
So, I clicked on the option to look at more videos and the same videos came up. So, no extra support here.
Gulf Brokers – Social networks
In the footer of their web pages, you can find they offer Twitter, Facebook and Instagram. Facebook is full of information. They post news and facts nearly every day.
Advantages and disadvantages summary – Gulf Brokers Ltd. Revie
Pros:
- Free demo account
- Regulated and licensed
- Over 800 instruments available
- Trading on MetaTrader5
- Responsive and reliable in communication
- Up-to-date and inspiring analytical coverage and blog
Pros / Cons
Our Score
They are an award-winning forex and CFD broker and offer a wide range of trading instruments on the powerful MT5 trading platform. Their website is well designed, stylish with no extra unnecessary information.