Compare forex brokers Gulf Brokers DMCC VS Iqoption

If you're choosing between Gulf Brokers DMCC and Iqoption forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Gulf Brokers DMCC better than Iqoption? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

GULF BROKERS DMCC VS IQOPTION

Gulf Brokers DMCC
Gulf Brokers DMCC Overview

Gulf Brokers is a financial investment firm that offers futures and derivatives for trading over the internet. The broker is located in Dubai, UAE and has been in operation since 2007.

IQOption
IQOption Overview

IQ Option Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers trading on more than 345+ tradable assets across Forex, Stocks, Commodities, Cryptocurrencies and ETFs via CFDs and Binary Options on their own unique, proprietary trading platform for PC, Mac, Android and iOS operating systems.

# Broker's Features GULF BROKERS DMCC Availability IQOPTION Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Gulf Brokers DMCC vs Iqoption.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Gulf Brokers DMCC offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Stocks, Futures, Options, while Iqoption offers Currencies, Commodities, Indices, Stocks, Cryptocurrency, Options.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Gulf Brokers DMCC is Dealing Desk, DMA, while Iqoption is Dealing Desk, Market Maker.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Gulf Brokers DMCC is regulated by ESCA, while Iqoption regulated by CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Languages Available: Next lets have a look at each broker's different Language options. Gulf Brokers DMCC offers Arabic, English, while Iqoption offers Arabic, Azerbaijani, Chinese, French, German, Hind Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Gulf Brokers DMCC offers Bank Wire Transfer different payment methods for each account types, while Iqoption offers payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Gulf Brokers DMCC makes MT5 available to clients, while Iqoption offers Proprietary.

The Verdict: Gulf Brokers DMCC or Iqoption?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Iqoption is more reliable based on our criteria above. Only Iqoption offers demo account, allowing you to test their platform to see which is suitable for you. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Iqoption has a wider range of languages in which customer service is offered making the broker more accessible. As a market maker, Iqoption may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

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