Welcome to our series of reviews of trading websites. Today we are going to be looking into the Gulf Brokers DMCC website – design, services, trading platform, etc. Enjoy!
- About Gulf Brokers
- Gulf Brokers DMCC – Basic information
- Web design
- News and other information
- Gulf Brokers DMCC – Services
- Gulf Brokers DMCC – Trading information
- Conclusion and information about Gulf Brokers DMCC
- Why this broker? This is what the company claims about itself:
- MetaTrader 5 Platform overview
- Gulf Brokers DMCC – Social Networks
- Our score
About Gulf Brokers
GULF BROKERS DMCC is a registered, licensed, regulated and authorized brokerage/clearing house based in Dubai, United Arab Emirates (“UAE”) since 2007, bearing registration number 0935 and licenses numbers 30636 and 607110. GULF BROKERS DMCC is a corporate member of the Dubai Gold and Communities Exchange (“DGCX”) and provides a wide range of trading instruments including metals, currencies, hydrocarbons, options and equities via our state of the art online trading systems.
Gulf Brokers DMCC – Basic information
|Minimal deposit||500 USD|
The homepage of gulfbrokers.ae is a one of the more dynamic ones, the background pictures evoke feeling of modernity. There is a limited amount of text, which makes orientation quite easy. The overall presentation of the website is very intuitive. Navigation around the website is easy as the pages are reasonably short.
News and other information
There is a traditional news section that contains one post a day on average. These posts sum up the most important developments in relevant sectors. In addition to news section, there is an economic calendar that comes handy. Especially during busy weeks. There is no public section reserved for education, but the broker offers webinars for paying clients.
Gulf Brokers DMCC – Services
This broker offers trading of forex, futures, commodities, indices and shares with focus on metals and hydrocarbons. Main advantage of this broker is a wide spread of possible leverage trading. Possible leverage goes as high as 1:500. This means that demanding investors can close their high risk/ high reward deals through Gulfbrokers.ae platform.
There are no universal trading rules as every instrument has its own specific set of terms and conditions. Considerable advantage of gulbrokers.ae is that there are no fees on deposits or withdrawals while trading through their platform.
Gulf Brokers DMCC – Trading information
Gulfbrokers.ae offers a choice between web based and app based (phones and desktops) clients. Both run on nowadays standard MT 5 platform. A demo client which is limited to thirty days is also available. Thirty days is more than enough for a tryout. Signing up is fast and easy. It is necessary to input some personal information after which you swiftly receive an email with your login information. The whole process is smooth.
Both applications are lean and easy to use. There are two ways of using them. The traditional one is achieved by either right clicking anywhere in the application and selecting the new order options, or by clicking on the corresponding button on the top menu. This calls up a menu in which you select various parameters of the trade such as: take profit, volume or deviation. There is also a possibility of fast trading by enabling the one click trading function, which will allow you to quickly process a large number of trades.
Investors can use trading sentiment and time graphs to back their decision making by relevant real-time data. There is also a broad range of customization options which includes various design elements that can be added to the map area to highlight whatever an individual trader feels is the most important.
Conclusion and information about Gulf Brokers DMCC
This website is very nicely presented, with factual information on trading. Especially experienced traders will have no problems and may appreciate certain features, but the less experienced ones may have some issues with orientation or with using some of the useful features of the platform.
This broker is based in Dubai, which is a fairly unconventional choice as far as brokers go. This broker obviously aims mainly at Arabic clientele. Dubai is emerging as one of the most compliant countries with digitalization technologies and use of the blockchain. Therefore, processes are heavily digitalized and hence faster than you would get in some other locations.
The website and platform is protected by a Secured socket layer (SSL) provided by GeoTrust. This ensures that all data is encrypted before transmission over the internet to prevent attack from hackers. Gulf Brokers also assert that it invests in innovative technologies to ensure security, speed and overall quality customer experience. The company can be contacted by phone, mail or via customer support.
Why this broker? This is what the company claims about itself:
The company prides itself on providing high-quality customer service. Our flat hierarchy enables us to make quick and effective decisions. Our unique approach gives us an advantage compared to our competitors making us an ideal broker for retail traders as well as institutional traders and partners.
MetaTrader 5 Platform overview
Gulf brokers uses MetaTrader 5. MetaTrader 5 is the best platform to access exchange markets and Forex at currently. It is a great choice for any trader who appreciates a modern and comfortable trading platform.
In comparison with MetaTrader 4, MetaTrader 5 has been significantly improved. It contains more advanced graphs and analytical tools as well as more timeframes including 2 minutes and 8 hours. An economic calendar has also been added. Most importantly, MetaTrader 5 provides further ways of trading in terms of both investment instruments and trade methodologies.
MetaTrader 5 has more timeframes, allows more pending orders and more technical indicators. You can fully access all of your tradings through the web. And monitor – all aspects of markets from anywhere. Many users agree that MetaTrader 5 is easier to navigate because of the larger and more spacious buttons.
Gulf Brokers DMCC – Social Networks
+ the modern MT5 platform is available to all clients
+ Swift trade executions made possible by modern technological solutions
+ mobile trading is supported
– limited payment options
– no trader academy and no tangible trader tools