Score

1.48 /10
Danger

GULF TRADER

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GULF TRADER

Company Abbreviation

GULF TRADER

Platform registered country and region

United Kingdom

Company website

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Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

GULF TRADER · Company summary

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.

Gulftrader

Pros and Cons

ProsCons
Various trading instrumentsNot regulated
Inaccessible website
No MT4/5

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.

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.

Webtrader

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.

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FX1355458489
more than one year
Beware. I was promised and guaranteed a return on my investment for weeks. Nothing has been returned except sweet words to encourage me to invest more. This is a scam. They are probably now trading under another name. Do not invest.
Beware. I was promised and guaranteed a return on my investment for weeks. Nothing has been returned except sweet words to encourage me to invest more. This is a scam. They are probably now trading under another name. Do not invest.
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2023-03-08 10:27
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