GULF TRADER Forex Broker

Note: GULF TRADER's official website: https://gulftrader.com/ is currently inaccessible normally. GULF TRADERReview Summary Founded2017 Registered Country/RegionUnited Kingdom RegulationUnregulated Market InstrumentsForex, indices, stocks, crypto coins, shares Demo Account/ LeverageUp to 1:400 SpreadFrom 1.5 pips Trading PlatformWeb-based Min Deposit$500 Customer SupportPhone: + 44-20-3807-7051 Email: support@gulftrader.com Based in UK and Established in 2000, Gulftrader is a company that purportedly deals in forex, cryptocurrency, shares, commodities and indices. However, Gulftrader operates without regulatory oversight from any reputable financial body.Pros and Cons ProsCons Various trading instrumentsNot regulated Inaccessible website No MT4/5Is GULF TRADER Legit? GULF TRADER is not regulated and the website is not available.What Can I Trade on GULF TRADER? GULF TRADER offers 5 trading asset classes, including forex, indices, stocks, crypto coins, shares. Tradable Instruments Supported Forex✔ Indices✔ Stocks✔ Crypto coins✔ Shares✔ ETFs❌ Bonds❌ Mutual Funds❌Leverage GULF TRADER offers a leverage of up to 1:400, which is quite high.Spreads GULF TRADER offers the spreads of 1.5 pips.Trading Platform GULF TRADER claims of offering a web-based trading platform. Deposit and Withdrawal Gulftrader takes credit cards as well as wire transfers.The minimum deposit the broker offering is $500. This is much higher than the industry average too, which typically moves around the $100-200 mark. However, information regarding deposit and withdrawal methods, fees, and processing time is unclear.