GULF BROKERS DMCC is a registered, licensed, regulated and authorized brokerage/clearing house based in Dubai, United Arab Emirates (“UAE”) since 2007, bearing registration number 0935 and licenses numbers 30636 and 607110. GULF BROKERS DMCC is a corporate member of the Dubai Gold and Communities Exchange (“DGCX”) and provides a wide range of trading instruments including metals, currencies, hydrocarbons, options and equities via our state of the art online trading systems.
Gulf Brokers DMCC – Basic information
| Minimum deposit | 500 USD |
| Leverage | 1:500 |
| Platform | MT5 |
| Spread | from 0.07 |
Gulfbrokers offer trading of forex, futures, shares, indices and commodities with focus on hydrocarbons and metals. Main advantage of this broker is a wide spread of possible leverage trading. Possible leverage goes as high as 1:500. This means that demanding investors can close their high risk/ high reward deals through this platform.
Services
Considerable advantage of gulbrokers.ae is that there are no fees on deposits or withdrawals while trading through their platform. There are no universal trading rules as every instrument has its own specific set of terms and conditions.
Trading information
Gulfbrokers.ae offers a choice between app and web based (phones and desktops) clients. Both clients run on MT 5 platform which is nowadays standard. Thirty days demo is also available. It is more than enough time for a tryout. Signing up is fast and easy. It is necessary to input some personal information after which you immediately receive an email with your login information. The whole process is easy.
Both applications are lean and easy to use. There are two ways of using them. The traditional one is achieved by either right clicking anywhere in the application and selecting the new order options, or by clicking on the corresponding button on the top menu. This calls up a menu in which you select various parameters of the trade such as: take profit, volume or deviation. Moreover, there is also a possibility of fast trading by enabling the one click trading function, which will allow you to quickly process a large number of trades.
Investors can use trading sentiment and time graphs to back their decision making by relevant real-time data. In addition, there is also a broad range of customization options which includes various design elements that can be added to the map area to highlight whatever an individual trader feels is the most important.
Website features
Gulf Brokers DMCC – Social Media
- Facebook: https://www.facebook.com/GBDMCC/
- Instagram: https://www.instagram.com/gulfbrokersdmcc/
- Twitter: https://twitter.com/dmccgulf
- LinkedIn: https://www.linkedin.com/company/gulf-brokers-dmcc
- Web: https://gulfbrokers.ae/
Summary
The website is very nicely presented, with factual information on trading. Especially experienced traders will have no problems and may appreciate certain features, but the less experienced ones may have some issues with orientation or with using some of the useful features of the platform.
This broker is based in Dubai, which is a fairly unconventional choice as far as brokers go. This broker obviously aims mainly at Arabic clientele. Dubai is emerging as one of the most compliant countries with digitalization technologies and use of the blockchain. Therefore, processes are heavily digitalized and hence faster than you would get in some other locations.
Gulfbrokers website and platform is protected by a Secured socket layer (SSL) provided by GeoTrust. Consequently, all data is encrypted before transmission over the internet to prevent attack from hackers. Gulf Brokers also assert that it invests in innovative technologies to ensure security, speed and overall quality customer experience. The company can be contacted by phone, mail or via customer support.
Pros
+ the modern MT5 platform is available to all clients
+ Swift trade executions made possible by modern technological solutions
+ mobile trading is supported
Cons
– limited payment options
– no trader academy and no tangible trader tools
i have very bad experience with Gulf Brokers, I loos all my money around 13000 USD due to miss guiding the brokers open marketing options agents market flow, now marketing team and broker not responding my calls