FAQ

GULFTRADERS enables its users to utilize the social trading services, which are the most recent evolution of online trading and its potential is growing day by day. By adding the social element to online trading, GULFTRADERS is able to offer its users with a unique opportunity to either share their professional knowledge with the followers or to help the followers make smarter investment trading decisions and increase the value of their portfolio and gain better understanding of trading strategy of professional traders.

Powered by the latest technological inventions, GULFTRADERS is able to bring together a refine knowledge and experience of professional traders and/or their automated trading systems (“Signal Providers”) into the sophisticated system of trading tools that really work for both parties, the followers and the Signal Providers. The Autocopy feature, which enables its users to automatically duplicate another Signal Provider’s activity and investment decisions, has shown a steady growth and its success rate has significantly grown since its launch. GULFTRADERS social trading system allows anyone to become a professional trader and helps you make wise investment decisions.

Since the GULFTRADERS features is all about making sure its users receive a professional and transparent services, each Signal Provider’s portfolio, strategy, track record, risk score and win ration is available for all followers to scrutinize. This enables the followers to have all the necessary information they need in order to make an informed decision and choose the Signal Provider wisely.

The Autocopy feature is easily accessible for both new and already experience users. Anyone who wishes to utilize the social trading services has to first open a trading account with our affiliate broker. As soon as the trading account is up and running, the user then registers on GULFTRADERS website and links his/her MT5 account with a chosen Signal Provider. The linked trading account will then copy every move the Signal Provider makes in real time.

Each follower can monitor the status of his/her or her trading account on the MT5 platform by inserting an investor’s password, which will be provided to each follower via email.

Each follower can monitor the status of his/her or her trading account on the MT5 platform by inserting an investor’s password, which will be provided to each follower via email.

Whether you are Signal Provider of follower you may stop utilizing GULFTRADER at any time by sending an email to info@gulftraders.com.

Each follower can monitor the status of his/her or her trading account on the MT5 platform by inserting an investor’s password, which will be provided to each follower via email.

Whether you are Signal Provider of follower you may stop utilizing GULFTRADER at any time by sending an email to info@gulftraders.com. 

No. Followers do not have access to this feature.

Yes, the follower may copy as many Signal Providers as he/she wishes. In order to utilize this feature, the follower has to open a separate MT5 Account and link it to the individual Signal Provider.

No. Followers are not allowed to modify trades received from the Signal Provider. 

Up to date list of all approved Signal Providers can be located here: http://gulftraders.com/traders.

The copying of Signal Providers works on equity multiplier basis that compare the size of Signal Provider’s trading account and the follower’s trading account. This way the follower’s positions are open proportionate to the size of their trading accounts.

Yes. For more information, please sent an email to info@gulftraders.com or call us on +44 208 068 9909.

A performance fee, which is displayed next to each Signal Provider, is charged on a monthly basis provided that follower’s portfolio increased compared to the previous month. This smart way of calculating the performance fee truly differentiates GULFTRADERS from other service providers. It not only enhances the protection of the follower’s assets but it also safeguards against unwanted charges in case the Signal Provider’s traders did not enjoy a steady growth that particular month. The following formula for calculating performance is used: Nominal value of Performance Fee = [(Ending Equity – (High-Water Mark Value + Deposits – Withdrawals + All positive adjustments – All negative adjustments)] * % percentage of performance fee  Example:

MonthBeginning EquityPeriod Gain/LossFund’s movements(withdrawals/deposit)Ending EquityHigh-Water MarkPerformance Fee 20 %End Equity value net of fee*1.$100.000$5.000-$10.000$95.000$100.000$1.000 = [$95.000-($100.000- $10.000)] *20 %$94.0002.$94.000– $5.000$0$89.000$94.000$ 0$89.0003.$89.000$10.000-$5.000$94.000$94.000$1.000=[$94.000-($94.000-($89.000)] *20 %$93.000

Please note it is up to the signal provider to adjust its performance fee. It usually varies from 0% to 50%. * Please note that the VAT may also apply.