Gulf Brokers platform offers trading with forex, shares, indices and commodities. In addition, the broker allows traders to use interesting leverage opportunities with leverage up to 1:500 while trading in forex. Trading with high leverage could be very risky, but potentially very profitable. Be cautious if you choose to trade using leverage! There are no universal trading rules as every instrument has its own terms and conditions. Gulf Brokers have no fees on deposits or withdrawals, which is a huge advantage as traders can move their resources as they like without worrying about paying too much for such transfers.
Investors can choose between web and desktop client or smartphone-based client. Both use modern Metatrader 5 platform so there is no big difference between those two options. Website offers a demo client. This option should be made more visible. Gulfbrokers.com barely advertise it. Demo client is accessible after opening of an account. To do so, you need to input required information and soon after you will receive an email with your credentials. To activate your account, you need to verify it first. Current level of safety is pretty standard.
Both clients are minimalistic, the interface is functional, but not too fancy. This is both a strength and a weakness at the same time. I prefer functional interface, but your taste is what matters. Metatrader 5 is one of the fastest platforms available due to its simplicity. There are two modes of trading. You can either go through the standard way of customizing your order via the new order buttons or you can select the fast way of one click trading.
For more experienced users there are many customization options on hand, such as various graphs or tables, but the amount of information available is limited.
Conclusion and information about broker:
Overall, this broker we can recommend to investors that are looking for simple, fast and reliable trading partner. An advanced user may find the terms of service. Especially the leverage offered should be tempting.
Gulf Brokers Ltd. is a company registered and regulated in Seychelles, which means it is not subject to some of the more onerous EU and US regulations. This broker can be contacted via help service, email or phone.
Overall assessment: 1-