Gulf stocks has been flagged by Financial Regulatory Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Opened my account with Gulf stocks while looking for alternatives to my previous provider and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Market news feed|Dedicated account manager|Real-time alerts
Cons: Nothing significant
I referred a friend to Gulf stocks through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Personal attention|Reliable uptime|Competitive fees|Responsive team
Cons: Would like more payment methods
My card was charged twice by Gulf stocks on the same day. I had to dispute it with my bank. Gulf stocks then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Dedicated account manager|Clean UI
Cons: Limited cryptocurrency options|Website design could be more modern
I closed a profitable position at Gulf stocks and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Multiple order types|API access|Comprehensive tools
Cons: Desktop app not available on Linux
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Gulf stocks has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database