Gulf Brokers Ltd. Review – Best forex trading platform?

Gulf Brokers Ltd. is an online broker specializing in forex, commodities, shares, and indices, offering trading through the MT5 platform. Founded in 2016, this broker brings years of experience and operates under the regulation of the Financial Services Authority (FSA) in Seychelles. Read the full review to learn more about Gulf Brokers and its offerings.

Gulf Brokers Ltd. – Table of Content

Gulf Brokers Ltd. – Broker overview

Minimum deposit	500 USD
Regulated broker	Yes
Regulation	FSA
Trading platform	MT5
Demo account	Yes

The company offers access to around 800 trading instruments. While the minimum deposit is set at $500, which is relatively higher compared to other brokers, it compensates by allowing traders to take advantage of leverage up to 1:500 on forex trades, providing the potential for more dynamic trading opportunities.

What can you trade on Gulf Brokers Ltd.?

As previously mentioned, Gulf Brokers provides access to a diverse range of over 800 trading instruments, allowing you to explore different markets and expand your trading strategy. Here’s a breakdown of the key types of instruments available:

Forex: Trade currency pairs from around the globe, including major, minor, and exotic pairs. With high liquidity and 24-hour market access, forex trading offers flexibility for both beginners and experienced traders.

Shares: Invest in shares from leading companies across various sectors. Whether you’re looking at tech giants or established blue-chip stocks, Gulf Brokers offers the opportunity to trade shares of top-performing firms worldwide.

Indices: Broaden your exposure by trading indices, which represent the performance of a group of companies. Popular indices like the S&P 500, FTSE 100, or NASDAQ allow you to speculate on the overall performance of an entire market.

Commodities: Trade in essential commodities like gold, oil, and agricultural products. Commodities provide an excellent way to diversify your portfolio and hedge against market volatility.

With such a broad selection, Gulf Brokers ensures that you have the tools to build a well-rounded trading portfolio that matches your goals and risk tolerance.

Regulation of Gulf broker Ltd.

Gulf Brokers operates under the regulation of the Financial Services Authority (FSA) in Seychelles. Its parent company, Gulf Brokers Limited, is also registered as a licensed securities dealer in Seychelles. To further safeguard against internal errors, cyber-attacks, and other risks, Gulf Brokers Ltd. has secured professional indemnity insurance. This added protection helps ensure the security of clients’ funds in the event of any unforeseen issues.

Gulf Brokers Ltd. – Demo account

They offer a demo account for you to sign up and test your skills or learn everything about MT5. This account is free of charge and comes topped up with $100,000 in virtual funds to practise your trading strategies.

Gulf Brokers review – 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.

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.

The Gulf Brokers’ website

The website is mainly in English, however, there are also 10 other language mutations to choose from. Most of those include Asian languages, therefore, the broker is very well-suited for traders from those countries.

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.

At the top of the website, you’ll find easy access to the following sections:

• Trading
• Instruments
• Research
• Education
• About Us
• Contact Us

These options allow for quick navigation, helping you explore everything from trading opportunities to educational resources and company information.

MetaTrader 5 Platform overview

Gulf brokers uses MetaTrader 5. MetaTrader 5 is the best platform to access exchange markets and Forex at currently. It is a great choice for any trader who appreciates a modern and comfortable trading platform.

In comparison with MetaTrader 4, MetaTrader 5 has been significantly improved. It contains more advanced graphs and analytical tools as well as more timeframes including 2 minutes and 8 hours. An economic calendar has also been added. Most importantly, MetaTrader 5 provides further ways of trading in terms of both investment instruments and trade methodologies.

MetaTrader 5 has more timeframes, allows more pending orders and more technical indicators. You can fully access all of your tradings through the web. And monitor – all aspects of markets from anywhere. Many users agree that MetaTrader 5 is easier to navigate because of the larger and more spacious buttons.

Gulf Brokers – Social Networks

Stay up-to-date with Gulf Brokers through our active social media channels, where they share the latest news, market insights, and updates:

• Instagram: https://www.instagram.com/gulfbrokers_official/
• Facebook: https://www.facebook.com/gulfbrokers/
• Twitter: https://twitter.com/gulfbrokers_com

Advantages and disadvantages summary

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. Facebook and Instagram beaming with information and you can practise on their free demo account. The educational support isn`t enough from my point of view. And the minimum deposit is quite high too.

Cons:

❌ Higher-than-average minimum deposit

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

Gulf Brokers Ltd. Review – Broker rating