Review Time
The Gulf trading platform is the best trading platform that I have ever used. Its user-friendly interface and advanced features make it easy and convenient to use. The platform offers a seamless trading experience and I am impressed with its speed and reliability. The charting and technical analysis tools are top-notch, which helps me make informed trading decisions. Overall, I highly recommend the Gulf trading platform to traders of all levels, whether you are a beginner or an experienced investor.
Do not invest without having prior knowledge about Investing and Share Market. They will promise to guide you but I have lost 80% of my investment. Their brokers can talk and make you invest as they have to meet their targets. Once you have lost your money, they will tell you that the risk of losing in share market is informed earlier and they have no part to play in it. Their commissions and swap charges are insane! I have withdrawn whatever little was left and closed the account with them. The withdrawal process is also lenghty with poor communication. DO NOT INVEST LISTENING TO THEIR BROKERS/SALES & MARKETING GUYS. Educate yourself before investing.
You will find a lot of their own people put 5 star review on this site. Honestly this is the worst service provider ever. I would get a personal assistant per day running around me 24/7 with those kind of charges. You will lose more money than gain. Its practically impossible to have more equity. Main reason being the “bid rate” and “ask rates” are miles apart. Secondly their Swap charges and commission charges are extremely high. “Extremely High” is actually an understatement. Please beware because the brokers will never explain the spread to you before you start. However withdrawing and depositing money is pretty simple. I made a profit of 4k+ within a month. The broker opened a few positions and vanished for more than 7 days. I was accumulating daily swap charges + the margins were reducing because the prices went in the opposite direction. He did not advice to close and take necessary action. I had to literally do something just to clean up the mess. I made profits on my own but still it was not enough to cover up the mess that was created by the broker. When my equity was really low he appeared out of nowhere and promised to fix it. To cut it short, within 45 days of starting it reached a stage where the equity went below the bonus and there was a margin call. I asked the broker to clear up the mess which he created himself. I also told him that I take responsibility for the trades I made and agree to cover that loss which was actually negligible. But they did not come back to me after that. Out of my deposit of 7k i made 4.5k. Withdrew 1.7k and lost USD 9800. Making an overall loss of USD 5300 just like that.
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GULF BROKERS LTD. is a licensed, regulated and award-winning broker. We pride ourselves on providing high quality customer service.
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