GULF Brokers DMCC Reviews 6

TrustScore 3 out of 5

2.8

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2.8

Average

TrustScore 3 out of 5

6 reviews

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Rated 1 out of 5 stars

Think twice before giving your money to…

Think twice before giving your money to Gulf Brokers (and its partner in Dubai, K&V Group). Their marketing claims of secure investments are misleading. Investing inherently involves risks, and some losses are expected. However, losing 100% of my investment due to Gulf Brokers' mishandling of funds and poor financial advice is unacceptable. Then they blamed me for their mistakes and refused to take responsibility for the losses. Beware of their hidden fees and charges that were not explained at the beginning. Their brokers lack the experience and professionalism to manage investments effectively. I lost over 60K USD with their recommendations of investing in commodities and stocks in just 2 months.

After significant losses, their appointed "Recovery manager" proved useless, highlighting their lack of a proper risk assessment process. Their support team, fully aware of the situation, took no action. I urge potential investors to steer clear of Gulf Brokers.

27 May 2024
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