Equity Gates

( 1.83 )
6 reviews
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This company is among the most reputable in the trading community.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
The selection of accounts is quite wide.
Cons
The company is officially unregistered.
There is no license for brokerage services.
Short operating period.

Company Background

The website owners invite clients to “plunge into a trading environment” in which they can safely trade on markets around the world. However, the administrators forget to mention the names of the company’s founders, place of registration, office location, and license availability. Besides, there is no information about the history and start date of the project, and its domain was registered only on January 29, 2024. We decided to review Equity Gates to understand what this broker is all about.

Overview of Services and Trading Terms

Equity Gates offers clients access to popular financial markets. The company positions itself as a reliable forex broker, providing sensational features for the best cryptocurrency investments. Users will enjoy secure and high-speed execution of trades with top-notch services from a knowledgeable team. Meanwhile, it is unclear what types of platforms the broker functions with, as MetaTrader 4 is presented on the homepage of the website, while WebTrader is listed in all trading plans.

Equity Gates invites traders to quickly register an account. However, the link to read the Terms of Use is not active on the registration form. In addition, the AML Policy states that a customer must apply for an account at first-investcapital.com.

The company says that its business is more focused on providing digital asset trading services. The broker states that it supports many types of crypto coins and their list is constantly updated. The service is based on the choice of tariff plan, of which there are currently 6 types. They differ in the amount of the minimum deposit, from $250 to a sky-high $250 thousand. Accordingly, spreads are reduced from 1.5 points on the Starter account to 0.0 points on the Main one. Clients are allowed scalping, but arbitrage is prohibited.

The website lists information about unlimited open positions and no withdrawal fees. Finally, there is data that withdrawal is made only on preliminary application, which is considered up to 3 days and then the transaction lasts up to 5 more days. The minimum withdrawal amount is $50.

Referral and Bonus Schemes

The company does not offer prizes, nor does it showcase an Affiliate or Bonus Program. However, there is a section in the Terms and Conditions dedicated to bonus promotions, which are “listed on first-investcapital.com”. Meanwhile, the administration does not disclose how the broker interacts with the said website. Despite this, Equity Gates details how the client can use the bonuses received within 60 calendar days (44 market days). It should be noted that during this period the user cannot withdraw profit from the account in case they do not work off the bonus using trading volume in the amount equal to 1/4 of the bonus amount.

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FAQ

Is there any income guarantee when trading with equitygates.com?

Generating a fixed income is not available on this platform. According to the founders of the company, clients risk losing money quickly due to leverage. Moreover, a trader's past successful experience does not guarantee future earnings.

What sum is necessary to begin dealing with Equity Gates?

The broker does not indicate the specific balance amount to which the user’s account can be reduced. However, to open an account, you need a minimum amount of $250, which is stated in the "Starter" tariff.

What deposit and withdrawal methods are available?

The broker offers clients to choose a method from "many deposit options", but does not kist payment systems. According to the Terms and Conditions, you can use bank cards.

Is equitygates.com a legitimate website?

No legal information about the company's registration and regulation of its brokerage activities is provided on the website. There is a high probability that such an organization does not exist at all in the legal field of any jurisdiction.

Is it like roulette with no guarantee of earning money?

Yes, there is a very high risk of losing your money when cooperating with this anonymous broker. A sign of manipulation and deception is unreasonably high leverage when trading CFDs. In addition, the company claims that all price levels in the terminal are determined at its discretion.
Michael Glaz - Author on scamroulette.com
Michael Glaz

The company does not offer prizes, nor does it showcase an Affiliate or Bonus Program. However, there is a section in the Terms and Conditions dedicated to bonus promotions, which are “listed on first-investcapital.com”. Meanwhile, the administration does not disclose how the broker interacts with the said website. Despite this, Equity Gates details how the client can use the bonuses received within 60 calendar days (44 market days). It should be noted that during this period the user cannot withdraw profit from the account in case they do not work off the bonus using trading volume in the amount equal to 1/4 of the bonus amount.

Overall Score

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1.83/5
OVERALL

Based on 6 votes

6 reviews about Equity Gates

  • Hurricane
    1 review
    17.04.2024 21:43
    Important documents are missing

    The broker does not have any license to operate, and also the company is not registered anywhere – do you understand what I’m getting at? Of course, a personal account manager is offered to clients on equitygates.com, the service is free, yes, but there is no guarantee that during the communication you will not be persuaded to deposit more money, that you will supposedly earn a lot on this platform with a larger deposit. However, the most important thing is that the company provides absolutely no confirmation of the information it gives us on its official website. There are no documents that confirm the registration of the legal entity and its legal work. I wanted to contact the representatives of the organization, but I couldn’t find any contact information. I tried to find their accounts in social networks, as there are icons drawn on the site, but all pages on Facebook, Twitter, etc. are not active. I went to YouTube and saw videos with equity gates, but among them there are no ones created by this company or directly related to it. They are pages of so-called “opinion leaders” and “influencers” who promote this financial organization. By the way, the first video is called “NEW EQUITY GATES SCAM.” Perhaps this is a commercial aimed at competitors. Although I do not know how I can contact the owners of equitygates.com, because I do not want to risk and give such a big money to unknown to whom. In reviews and testimonials, many people write that this is a fake company and a fake scam. Deceived traders can not sue this company, it is not registered in any way, and with whom the founders of the project cooperate and to whom they send money in cryptocurrency is also unknown, because the management is hidden, names and details are not presented by them. So the money invested in this scam cannot be returned to any clients.

  • Lunge
    1 review
    03.04.2024 15:27
    The company has legal oddities

    This is an interesting organization offering cool services. The only problem is that there is no legal data, the names of the founders are hidden, there are no details, and no licenses. I assume, perhaps, that the documents and all other data are open to already registered clients of the platform, they are not freely available because the company has only recently entered the market and plans to improve its site, however, those documents that are in the public domain are also incorrect. But how can a broker allow such sloppiness if the value of minimum deposits is so huge? I don’t know! If there was no such legal negligence at Equity Gates, then I would have already started working with this project and started building my own strategy, especially considering that scalping is allowed here, which is prohibited by many brokers with low entry thresholds.

  • Mbappe
    1 review
    30.03.2024 23:18
    My plans did not come true

    I wanted to start earning money from forex to earn extra income and save up the necessary amount for a trip to France. However, my first experience of using broker’s services became my last experience because I simply believed in deception. Equity Gates support service turned out to be very active and immediately I was assisted by a personal manager who was focused on my money. He told me everything in detail about forex, helped me to make a personal plan to increase my profits, told me where to start, etc. The manager persuaded me to deposit €2,500, for me to earn more from cryptocurrency. After I deposited the money into the company account, they stopped contacting me without even saying goodbye. My account was locked and the broker didn’t even thank me for the money.

  • Hocanefi
    1 review
    25.03.2024 05:01
    Blatant SPAM!!!

    I deposited 2K dollars, as the manager confidently promised me that the super trading will start and I can get a good income, but only I would need to deposit a larger amount for this, that you can not make a good income with such a small amount, I would need to invest more money. I agreed because my first trades went fine and I earned more than 10% for a week, I deposited another 24K and after that, my business went down, trades began to close in the red, the deposit was drained at a huge speed, 2-3 thousand dollars a day 🙁 what should I do now?! After funding the account and crediting the first false interest manager does not answer my messages, and the withdrawal button is blocked in my personal account!! I wrote to the support service, but the consultants made a semblance of work, promised to solve the problem, and also stopped answering me. In general, I tried to complain to the administrators, but no matter how much I wrote, all was to no avail. I feel like a fool now, where was I looking?! Why didn’t I think of this situation beforehand!?!? Guys, run away from these Equity Gates and find a better use for your money.

  • Curv
    1 review
    17.03.2024 16:35
    Scammers!

    I decided to start trading stocks on this platform, as the trading conditions suited me completely. I went through registration on the official website, before starting I had to specify a lot of detailed information about myself when filling out the form, it even gave me confidence (it’s like in a bank where the staff know everything about you). You need to provide your place of residence and a copy of the bank card linked to your account, in addition to your phone number and email. After that, you need to choose a tariff, according to which you need to make a minimum deposit. I made good money in 2 weeks, almost 320 euros, but when I decided to withdraw the profit, I had to apply and wait for the approval of the broker, about the terms was said that no more than 3 days. In fact, I have been waiting for approval for 8 days now and today I saw my profile already blocked and I got a message from Equity Gates that they suspected me of arbitrage fraud. Absurd!!!

  • Eki
    1 review
    09.03.2024 00:18
    Scalping helps to make money

    I only cooperate with this project on scalping. I have invested only 4,000$ in crypto trading so far and I plan to increase my deposit in the future because the results come top. The returns come out differently every week, but not less than 8% and my record was around 12% in a week. I can make just a huge amount of money if I put the profits in perspective for a year ahead. I advise everyone to try this option of earning. The conditions are simple, uncomplicated, understandable and profitable. Scalping works effectively on volatile crypto, you just need to set up the process, invest a deposit and quickly make transactions. I have already earned a decent amount of money, I will not disclose what kind, money loves silence? And you will earn if you act, not just sit and dream.

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Broker Profile

Date of foundation
Since 2024
License
No
Leverage
1:400
Demo account
No
Order Execution Model
DD
Minimum deposit
$250
Trading Platforms
Basic, Mobile compatibility
Leverage Options
High leverage (e.g., 1:500)
Range of Instruments
Moderate range
Customer Support
Limited hours support
Regulatory Status
Not regulated
Account Types
Variety of account types (retail, professional, Islamic)

Why you can trust reviews about Equity Gates

  • Our report includes a comprehensive look at the company and information on its background.
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