Overall Rating: ★★☆☆☆ (2.7/5.0)

Gulf Brokers Ltd is a forex and CFD broker headquartered in Mahé, Seychelles, offering access to global markets via the MetaTrader 5 (MT5) platform. The broker provides trading in currencies, stocks, indices, commodities, and cryptocurrencies. Gulf Brokers positions itself as a gateway to global financial markets, particularly targeting clients in the Middle East, Africa, and Asia. However, despite its modern platform and broad asset coverage, the broker remains lightly regulated and offers no investor protection, raising concerns about transparency and client fund security.

This Gulf Brokers review assesses the broker’s platform features, regulatory stance, costs, and trading experience in 2025.

Key Features

Gulf Brokers is geared toward traders seeking high leverage, MT5 access, and multi-asset exposure.

• Trading Platform:
  • MetaTrader 5 (MT5) – desktop, mobile, and web
• Markets Offered:
  • Forex, commodities, stocks, indices, and cryptocurrencies
• Account Types:
  • Standard account only
• Leverage:
  • Up to 1:500
• Minimum Deposit:
  • $100

Regulation and Security

Gulf Brokers Ltd is authorised by the Financial Services Authority (FSA) of Seychelles, an offshore regulator with minimal investor protection standards.

• FSA Seychelles – Licence No. SD013
• No FCA, ASIC, or CySEC oversight
• No investor compensation scheme
• No guaranteed negative balance protection
• Client fund segregation claimed but not externally verified

Pricing and Costs

Gulf Brokers follows a spread-only model, with costs varying by instrument. However, fee transparency is limited on the website.

• Spreads:
  • Starting from 0.7 pips on major forex pairs
  • Wider spreads may apply to stocks and crypto
• Commission:
  • No trading commission (spreads only)
• Deposit/Withdrawal Fees:
  • Gulf Brokers charges no fees, but payment processors may
• Inactivity Fee:
  • $10/month after 90 days of inactivity

Educational Resources and Customer Support

Gulf Brokers provides very limited educational content, with most resources focused on basic platform guides and market news.

• Education:
  • Few articles and introductory guides
  • No webinars, live sessions, or structured learning paths
• Market Analysis:
  • Blog-style updates and price snapshots
• Customer Support:
  • Live chat, email, and phone
  • 24/5 availability, multilingual support

Risk Management Tools

MT5 provides all basic tools, but Gulf Brokers offers no proprietary risk systems or enhancements.

• Stop-loss, take-profit, and trailing stop orders
• Margin alerts available within MT5
• No guaranteed stop-loss orders (GSLOs)
• No insurance or fund safety guarantees

Pros and Cons

Pros

• MT5 platform with wide market access
• Leverage up to 1:500 for offshore clients
• Commission-free trading
• Simple account structure with low entry cost

Cons

• Only regulated by FSA Seychelles (low-tier)
• No investor protection scheme or strong oversight
• Limited educational and research content
• Transparency on spreads, fees, and slippage is weak
• No GSLOs or risk protection beyond MT5 tools

Conclusion: Is Gulf Brokers the Right Choice?

Gulf Brokers may suit high-leverage traders looking for MT5 access and a simple offshore setup, but the lack of tier-1 regulation, limited transparency, and minimal educational content make it unsuitable for those prioritising fund safety and professional support. Traders seeking more regulated and trusted alternatives should consider IC Markets, AvaTrade, or Vantage.