Score

1.52 /10
Danger

GULFCM

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.11

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

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

GulfCM Financial Market Ltd

Company Abbreviation

GULFCM

Platform registered country and region

Cyprus

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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GULFCM · Company summary
GULFCMReview Summary
Founded2017
Registered Country/RegionCyprus
RegulationNo regulation
Market InstrumentsForex, gold & silver, oil & gas, agriculture, US Indices
Demo Account
LeverageUp to 1:200
SpreadVariable
Trading PlatformMT5
Min Deposit/
Customer Support24/5 live chat
Phone: +90 533 882 12 42
Email: cs@gulfcm.com
Contact form

GULFCM Information

GULFCM is an unregulated broker, offering trading on forex, gold & silver, oil & gas, agriculture and US Indices with leverage up to 1:100 and various spreads on the MT5 trading platform.

GULFCM's homepage

Pros and Cons

Pros Cons
Demo accountsNo regulation
Various trading products
Various contact channels
MT5 platform

Is GULFCM Legit?

No. It is registered in Cyprus. It has no valid regulations currently.

Domain information

What Can I Trade on GULFCM?

Tradable Instruments Supported
Forex
Gold & silver
Oil & gas
Agriculture
US indices
Stocks
Cryptos
What Can I Trade on GULFCM?

Account Type

GULFCM offers three account types: Standard, High Leverage and Markup. The minimum deposit is not mentioned.

Account comparison

Leverage

Account TypeMax Leverage
Standard 1:100
High leverage 1:200
Markup 1:100

GULFCM Fees

Account TypeSpreadStop Out Swap Charges
Standard Variable10%Free Swap On Majors
High leverage Variable25%Free Swap On Major
Markup Variable10%Free Markup on Individual Account

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, laptop, IOS, AndroidExperienced traders
MT4/Beginners
MT5

Deposit and Withdrawal

The broker says it accepts many payment options but not specified.

Deposit and Withdrawal

User Reviews

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User comment

2

Comments

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阿革
more than one year
Objectively speaking, their demo account performed very well, the MT5 platform interface was clear and easy to understand, and the speed of replying to messages in online chat was very fast. The broker also provides the latest industry news to help traders stay informed about the latest dynamics in the industry and help make trading decisions.
Objectively speaking, their demo account performed very well, the MT5 platform interface was clear and easy to understand, and the speed of replying to messages in online chat was very fast. The broker also provides the latest industry news to help traders stay informed about the latest dynamics in the industry and help make trading decisions.
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2023-03-21 10:43
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江41287
more than one year
Looking for a new broker...GULFCM's website is a bit difficult to read, but it still feels very professional. Has anyone dealt with this company before? I would appreciate some advice...
Looking for a new broker...GULFCM's website is a bit difficult to read, but it still feels very professional. Has anyone dealt with this company before? I would appreciate some advice...
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2023-03-06 16:22
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