GULF TRADER

Note: GULF TRADER's official website: https://gulftrader.com/ is currently inaccessible normally.

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

Is 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.

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.