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.
SquaredDirect is a True DMA/STP Brokerage Firm acting strictly as an intermediary between clients and top-tier Liquidity Providers such as Internationally reputable banks and other globally acclaimed financial institutions providing investment services and solutions to retail clients.
|#||Broker's Features||SQUAREDDIRECT Availability||GULF BROKERS DMCC Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||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 SquaredDirect vs Gulf Brokers Dmcc.
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. SquaredDirect offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, while Gulf Brokers Dmcc offers Currencies, Commodities, Stocks, Futures, Options.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. SquaredDirect is ECN, while Gulf Brokers Dmcc is Dealing Desk, DMA.
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. SquaredDirect is regulated by CySEC, while Gulf Brokers Dmcc regulated by ESCA. 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.
Account currencies: Next lets consider the Account currencies each broker offers. SquaredDirect offers EUR, USD different account currencies for each account types, while Gulf Brokers Dmcc offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. SquaredDirect offers English, while Gulf Brokers Dmcc offers Arabic, English Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. SquaredDirect offers Credit/Debit Cards, Debit cards, Neteller, Skrill, Wire transfer different payment methods for each account types, while Gulf Brokers Dmcc offers Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, SquaredDirect makes MT4 available to clients, while Gulf Brokers Dmcc offers MT5.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Gulf Brokers Dmcc is more reliable based on our criteria above. Gulf Brokers Dmcc has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. 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. Gulf Brokers Dmcc has a wider range of languages in which customer service is offered making the broker more accessible. As a market maker, Gulf Brokers Dmcc 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.