About SEAGULL
Overview
SEAGULL is a broker registered in New Zealand, founded on 22 February 2019. It operates the domain gullfx.com, which is currently non-functional. The broker claims to offer the MetaTrader 4 (MT4) trading platform and provides customer support via email and a contact number.
Despite being registered in New Zealand, SEAGULL does not hold any active regulatory licences. Its previous regulation by the Australian Securities and Investments Commission (ASIC) has been revoked, leaving the broker without oversight from a major financial regulator. This lack of regulation is a significant concern for potential traders.
Regulation and Licensing
SEAGULL has no regulators on file. The broker's ASIC licence has been revoked, meaning it is not authorised to provide financial services in Australia or under Australian law. In New Zealand, while registration is possible, it does not imply financial supervision. The absence of a credible regulator means traders have no recourse to a compensation scheme or independent dispute resolution.
Given the revoked ASIC licence and the non-functional website, the broker's regulatory status is highly questionable. Traders should be aware that operating without regulation exposes them to elevated risks, including potential fraud or mismanagement of funds.
Trading Platform and Support
According to the known facts, SEAGULL offers the MetaTrader 4 (MT4) platform, a widely used trading interface. However, with the website currently not functional, it is unclear whether the platform remains accessible to clients or if new registrations are possible. Customer support is listed as email and a contact number, but without a working site, these channels may also be unreliable.
The combination of a non-functional website and limited support infrastructure suggests that the broker may no longer be actively serving clients. This raises serious questions about the viability of trading with SEAGULL.
Target Audience
Given the broker's unregulated status and lack of transparency, it is difficult to identify a suitable target audience. Generally, such brokers might attract traders who are willing to accept high risk or those seeking offshore entities. However, the non-functional website and revoked licence make it nearly impossible for any trader to safely engage with this broker.
Without a clear regulatory framework or operational website, SEAGULL is unlikely to meet the needs of retail traders looking for a reliable and secure trading environment.
Overview compiled by FXCanary from regulatory records and public data. full SEAGULL review