Gulf FX Review

Is Gulf FX Scam or Legal Broker?

According to our research, Gulf FX broker is a 100% fraud company. It is NOT SAFE to trade with this company. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.

What is Gulf FX? 

Gulf FX is owned by the Golf Fx EOOD. The company claims to be registered by the Financial Supervision Commission in Bulgaria, but there are no records about it on the regulator's website. The company provides two phone numbers with UK's and Bahrain's country codes, although it is not registered in any of those countries.

• Gulf FX is also on the warning list of Hong Kong's SFC for targeting residents without being authorized in the country. In order to get the license from Hong Kong’s SFC (The Securities and Futures Commission), it is a Type 3 license for Forex brokers and the fee will be around $130,000. Also, it requires a minimum liquid Capital of $3.000,000.

Gulf FX Review Conclusion

We strongly advise opening a trading account only with brokers that are regulated by respected world authorities and comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HotForex and Eightcap.

Yet, it is always great to hear your personal opinion about Gulf FX. So you may share your experience or thoughts or discuss them below or ask us for additional information.

Gulf FX Updates

As we found, the Gulf FX website remains inactive and unavailable to reach. This means the broker no longer operates its trading offering and does not propose account openings, however, it is best to avoid and stay alert in case any proposals show up.