GULF BROKERS Forex Broker

GULF BROKERSReview SummaryRegistered On2012-01-05Registered Country/RegionAustraliaRegulationFSA (Offshore Regulated)Market InstrumentsForex, stock indices, shares, and commoditiesDemo Account✅LeverageUp to 1:500SpreadFrom 0.0 pipsTrading PlatformMT5 (Web-based platforms, iOS, and Android)Min Deposit$20,000Customer Support+44 20 3885 7310support@gulfbrokers.comTwitter, Instagram, FacebookGULF 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 ConsPros Cons Multiple trading instrumentsOffshore regulation (FSA)Flexible accountsMinimum deposit of $20,000 (Silver account)MT5 availableInactivity fee for dormant accountsLeverage up to 1:500Minimum 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 TypeAccount Type SilverGoldPlatinumDiamondMinimum Deposit$20,000$50,000$200,000$500,000Deposit and withdrawal feesNoNoNoNoCustomer Support24/524/524/524/5Lowest spreadFrom 0.015 pipsFrom 0.0125 pipsFrom 0.01 pipsFrom 0.0 pipsMaximum Leverage1:5001:5001:5001:500Fees0.25 % (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 PlatformSupported Available Devices Suitable for MT5✔Web-based platforms, iOS, and AndroidProfessional traders