Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from GulfBrokers review
About the broker
Web: | gulfbrokers.com |
License: | FSA |
Supported languages: | English |
Year of foundation: | 2016 |
Holder: | Gulf Brokers LTD |
Headquarters: | HDS Tower, Cluster F, JLT Dubai, UAE, P.O. Box 118073 |
Methods of contacting customer support: | E-mail, phone, online chat |
Contact: | support@gulfbrokers.ae +971 42 42 4120 |
Deposit methods: | Debit and Credit Cards, Bank transfer |
Withdrawal methods: | Debit and Credit Cards, Bank transfer |
About trading with GulfBrokers
Minimum deposit: | 100 USD |
Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:400 |
Spreads: | Look at the spread table - spread on the currency pair EUR/USD is 3.0 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (60), commodities (15), indexes (14) |
Base currencies: | USD, EUR, GBP |
Mobile app: | |
MetaTrader 4: | |
Social trading: |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at GulfBrokers, of course you can find current info on their website gulfbrokers.com.
Spreads at GulfBrokers on standard account*
EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
---|---|---|---|---|---|
3.0 | 3.0 | 3.0 | 4.0 |
* Spread was taken 17.09.2020 at 09:57 from the web or trading platform of GulfBrokers.
Random reviews of competing CFD brokers: FusionMarkets, ExeMarkets, TradeFcm and GCMAsia
Frequently Asked Questions
🧐 Is GulfBrokers a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if GulfBrokers is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with GulfBrokers is very simple, just register on their website.
📱 Does GulfBrokers offer the best mobile app for trading?
GulfBrokers offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the GulfBrokers mobile app.
⚖️ Would you recommend me GulfBrokers?
GulfBrokers is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose GulfBrokers as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
---|---|---|---|---|---|---|
100 USD | 1.0 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of Etoro. | ||
0 | 0.9 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of XTB. | ||
100 USD | 0.8 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of Plus500. |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 76% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with GulfBrokers, please share it in the comments to help others to choose the suitable broker.
I’m in the green numbers for the third year, so I’m a satisfied client, keep it up
0
I rate as passable, quite efficient in providing support, deposits are fine and it took a while to withdraw funds
0
it is good to be interested in seminars, you need to be very careful, like everywhere
0
easy registration, clear website and good application, deposits and withdrawals without problems
0
This broker is not very innovative in itself, but it can provide everything you expect from a good broker. There may be a broker with a lower spread, however in my own experience the amount of fees may not be the most important aspect of trading.
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withdraw money without any problem and also quite quickly
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reliable broker for me, very good mt5 platform, flexible support
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I have been trading with this broker for about 3 years and I had no problems without him. Although I read some negative events on the net, I was skeptical, but so far nothing has happened to me. Satisfaction. So let’s see how it develops further.
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I see the only downside in the length of time that the currency EUR or USD comes to your broker’s account. It takes almost a week, but it will probably be similar everywhere, right? Otherwise, I am satisfied, especially with the support.
0
I trade with more brokers but also here, in many things it is very good for the user
0
when someone wants everywhere, you will find something that no one may like …
0
Можно торговать с низкими депозитами. Это убедило меня попробовать. Я боялся банкротства и финансовых потерь. Но когда я узнал, как работает торговля, я понял, что волнуюсь излишне. Я рекомендую всем попробовать.
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The most important thing is to choose the right business partner. Then just create an account and try your luck. But I definitely recommend everyone to start first with the help of a demo account and feel free to touch it all.
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Very legitimate company. I am able to trade stocks, futures and forex all together in same platform
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