Gulf Brokers
On the desk for one reason: single-entity structure. 1 register lines are on this file, spread across 1 legal entity in 1 jurisdiction, none of them with a top-tier regulator.
On the wire
1 items · 0 noticesRegister lines are confirmed; several commercial figures remain unread and are left blank.
- 01register entry
FSA Seychelles entry SD013 for Octrado Ltd (formerly Gulf Brokers Ltd)
Source: fsaseychelles.sc
Entity by entity
1 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| FSA Seychelles | Seychelles | Octrado Ltd (formerly Gulf Brokers Ltd) | SD013 | T3 | fsaseychelles.sc |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | $1000 |
|---|---|
| EUR/USD spread as published | not verified |
| Leverage as advertised | up to 1:500 |
| Platforms | MT5 |
| Account books | Level 1 · Level 2 · Level 3 · Level 4 · Level 5 · Level 6 · Level 7 |
What the record says
Gulf Brokers Ltd states it is regulated as a Securities Dealer by the Financial Services Authority of Seychelles under licence number SD013 in accordance with the Seychelles Securities Act 2007.
A related company, Gulf Brokers DMCC, is based in Dubai; the retail client-facing licence disclosed on the website is the Seychelles one.
The Seychelles FSA securities dealer licence is an offshore authorisation and does not carry FCA, ASIC or CFTC/NFA-level investor protections.
The FSA Seychelles register lists the SD013 securities-dealer licensee as 'Octrado Ltd' with trade names Alpho and Octrado and websites alpho.com, gulfbrokers.com and octrado.com; the Gulf Brokers brand now operates as Octrado (fsaseychelles.sc)
Octrado's Client Agreement (clause 1.3) gives the company's registered address as Office 2, Suite C2, Orion Mall, Palm Street Avenue, Victoria, Mahé, Seychelles (octrado.com)
Octrado's current account structure is seven deposit-tiered levels from USD 1,000 (Level 1) to USD 1,000,000 (Level 7), all with leverage up to 1:500 (octrado.com)
Not verified
12 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- founding year
- headquarters
- UAE licence number for Gulf Brokers DMCC
- minimum deposit
- maximum leverage
- EUR/USD spread
- account types
- segregated funds
- negative balance protection
- founded — no primary source gives a founding year; the broker's own homepage states only 'over 9 years of market expertise'.
- spreadEurusd — the current Octrado site publishes no typical EURUSD spread; the pre-rebrand Gulf Brokers account page advertised only 'Lowest spread from 0.0125' (a premium-account raw floor).
- minDeposit — recorded as USD 1,000 (Level 1 entry) from the current Octrado account page; the pre-rebrand Gulf Brokers account structure (Silver/Gold/Platinum/Diamond from USD 20,000) differs, reflecting the rebrand.
Other open files
The whole deskThis file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.