GatesFX

( 1.75 )
16 reviews
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This company shows several warning signs of potential fraud.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
Modern trading platforms.
24/7 customer support.
Cons
Offshore regulation.
High leverage.
Swap fees.
Unfavorable CFD trading conditions.
ECN account is not obvious.

Company Background

The company is registered in Saint Lucia under number 00396 IBC 2024. In addition, it claims to be regulated by the local financial center (IFC) and the South African Financial Services Conduct Authority (FSCA). However, the broker does not seek to disclose any facts about its history or the names of its team members. Therefore, the company’s offshore regulatory status raises doubts about its reliability. The purpose of our review is to provide you with an objective analysis of GatesFX, a broker operating in the Forex and CFD market. We will examine this project and determine whether it is safe and profitable.

Overview of Services and Trading Terms

GatesFX positions itself as a global broker and claims to serve 281,000 traders, emphasizing fast execution and low trading costs. However, there is no confirmation of the statistical data on this website. In addition to more than 60 currency pairs, GatesFX’s portfolio of services includes trading in metals, cryptocurrencies, etc., with a total of more than 300 assets available here.

The trading platforms are MT5 and TradeLocker, which has TradingView charts built in.

GatesFX offers clients a choice of 3 account types with a minimum deposit of $10. As for leverage, the firm offers up to 1:500 on the first two account types and up to 1:1000 on the ECN Raw account. Spreads start at 1.0 pips on standard accounts and 0.0 pips on ECN accounts, while commissions range from $0 on STP accounts to $7 per lot on ECN accounts.

Please note that a fixed commission of $15 per lot is charged on deposits from bonus accounts.

In addition to basic trading services, GatesFX offers a demo account, 24/7 customer support, and a 2-hour withdrawal guarantee. You can also use copytrading.

Referral and Bonus Schemes

An affiliate program for introducing brokers (IB) is available at gatesfx.com, with payouts of up to $20 per lot. According to the broker, it has paid out more than $4.6 million in commissions to its partners.

GatesFX offers a 100% deposit bonus, which is a trading credit that you cannot withdraw directly. In addition, the loyalty program rewards traders with points for every dollar deposited and every lot sold. You can then exchange these points for various physical rewards in a dedicated store, which offers everything from electronics such as AirPods Max to luxury items such as Rolex Datejust watches.

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FAQ

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

There are no specific promises on the website regarding guaranteed income or profit percentages, as all profits and losses are the result of market movements and traders’ decisions.

What sum is necessary to begin dealing with GatesFX?

According to the broker's official website, the minimum deposit required to start trading is $10 for a bonus account and $25 for an STP Standard account.

What deposit and withdrawal methods are available?

The company claims to support more than ten withdrawal methods, including bank transfers, debit cards, as well as crypto and electronic payment systems. It is important to note that crypto payments are not subject to chargebacks.

Is gatesfx.com a legitimate website?

Yes, it is a legal website operated by a company officially registered in Saint Lucia. However, this is an offshore jurisdiction and it does not have serious financial regulation.

Is it like roulette with no guarantee of earning money?

The combination of high leverage (up to 1:1000), which can increase losses, and the offshore registration of the company creates a high-risk environment in which clients could potentially lose their invested capital.
John Hartman - lead author on Scamroulette.com
John Hartman

I checked the FSP 46087 license issued by the South African regulator cited by this broker. However, it turns out that this license was issued to BLACKSTONE MARKETING SA (PTY) LTD. Although this may be a legal partnership, it is important to understand that there is no direct mention of “GatesFX” in the license itself. Most likely, the protection of the South African regulator FSCA does not apply to client funds, as the contract is concluded with an offshore company. Therefore, you risk losing all your investments here.

Overall Score

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1.75/5
OVERALL

Based on 16 votes

16 reviews about GatesFX

  • Daniel Reed
    1 review
    28.11.2025 05:36
    Aggressive marketing after registration

    As soon as I registered on the gatesfx.com website, the incessant phone calls began. At the same time, a partner of the brokerage firm pressured me to make an initial deposit of $5K, promising higher bonuses and better service. I found such aggressive tactics unprofessional and made me question the company’s priorities.

  • L
    1 review
    11.11.2025 00:58
    I have no complaints about this service

    I believe that novice traders should only engage in activities that are profitable, and then you will learn how to earn large incomes. If you visit gatesfx.com, which offers access to global markets and does not charge you any additional hidden trading fees, why not take a look at this project? It’s a simple question, which in this case concerns the very platform that interests us. I should note that I started trading gold and oil here a year ago, when I first came here and began to understand all these things, first making a profit from trading on the forex market, and then on the commodities market.

  • David Chen
    1 review
    05.11.2025 10:39
    Slow and inefficient verification

    The account verification process took longer than I expected. I had to send documents several times, and it took almost a day to receive each response from customer support. It was an unpleasant start, which prevented me from trading for several days. Although I finally passed verification, my initial experience with gatesfx.com was not smooth.

  • Edward D.
    1 review
    01.11.2025 09:41
    Fraud, fraud, fraud, fraud !!!!!!!!!!!!!!!!!!!!!!!

    You must understand that this is a scam, don’t invest even $1 in this scam, they will zero out your account and then delete your account… This is a stupid scam, and I don’t want a single trader to invest in this garbage. Rest assured that you are dealing with swindlers who stole $870 from me.

  • Miquel
    1 review
    29.10.2025 17:47
    They do not have serious licenses

    The fraudulent broker… I asked to withdraw my $214, and they just deleted my account

  • Kevin Blackwell
    1 review
    21.10.2025 08:22
    A cascade of problems leading to total loss of investment

    My collaboration with GATESFX began promisingly when I made a deposit of €700. However, problems began almost immediately. Despite its modernity, the platform showed a significant slowdown in the execution of my orders during the release of key economic news, which far exceeded what I had experienced with other brokers. When I tried to adjust my strategy and open a position overnight, the swap commission was so high that it completely wiped out my profits. The last straw was when I tried to withdraw my remaining €150. The process dragged on for several weeks as customer support repeatedly requested additional “supporting” documents that I had already submitted. After numerous emails, I was finally able to withdraw my funds, but a 13% commission was deducted without prior warning. The combination of poor execution, hidden costs, and difficulties with withdrawals makes this broker unsuitable for serious trading.

  • John
    1 review
    20.10.2025 20:50
    SCAMMERS!!!!

    This company is a complete fraud; they work against their clients, avoid these crooks at all costs.

  • Maxine
    1 review
    15.10.2025 01:36
    Profits are 8-15% per month

    I did all the math and am very happy after seeing all these numbers. It turns out that trading on global markets is extremely easy. Especially if you already know which assets to buy, when to enter the market, when to exit and sit on, for example, fiat, and also what amounts are best to invest. In my case, it’s more about the stock market and the commodity market, as these two markets bring me about 15% profit per month. Things are a little worse during periods of crisis and market downturns, when I earn about 8%. As a result, there is still a profit, it doesn’t disappear anywhere, and you can continue to earn money here.

  • S. Cox
    1 review
    08.10.2025 07:29
    Offshore garbage dump

    I opened an account called Standard and started trading with 1:500 leverage. However, for some reason, I didn’t make any money from it. For a long time, I couldn’t understand what was going on. I even wrote to the GATESFX administration, constantly asking them why I still hadn’t earned a single dollar, but in response, I only heard arguments that I was supposedly trading poorly and that they had nothing to do with it 😡 Meanwhile, I realized that they were crooks, falsifying trading results. What’s more, their company is registered in an offshore zone where various shady characters hide their “dirty” money. It turns out that I fell for a common scam…

  • WeAreYoung
    1 review
    04.10.2025 06:54
    Good analytical tools

    I trade mainly on currency pairs, and the analytics show very accurately where to enter a trade. As a result, my trading with Gatesfx has become more confident, and I have almost no losses left.

  • Mr. Keller
    1 review
    03.10.2025 18:28
    The platform problem cost me money

    During a period of high volatility, I encountered a serious problem. The platform crashed, and my stop loss, which was in profit before the market closed, did not work! As soon as the market reopened, my position changed against me, and my entire account balance was wiped out – $987. It was a devastating loss, which I believe was caused by a technical glitch on the part of GATESFX

  • Jennings
    1 review
    30.09.2025 22:13
    Don't be fooled by the various services

    I’m referring to the personal manager, signals, etc. This is nonsense that scammers use to lure in gullible traders, and then they don’t return the deposits. For example, these goblins blocked my account with $3.5K.

  • Sarah Williams
    1 review
    29.09.2025 01:51
    Constant pressure to deposit more

    Since registering, I have been receiving daily calls from broker representatives urging me to deposit larger amounts. I find this overwhelming, especially considering that I haven’t even properly tested the gatesfx.com platform with the small amount of €25 I started with.

  • Mark Thompson
    1 review
    24.09.2025 11:21
    Disappointing withdrawal fee

    Overall, my experience was average until I decided to withdraw my profits. I was unpleasantly surprised to find that there was a 13% fee on my withdrawal amount. This significant fee was not clearly stated on their website in advance, which I find to be insufficiently transparent. This definitely reduces the net profitability of successful trades.

  • Avis Cooley
    1 review
    21.09.2025 11:48
    CHEAP SCAM AND CROOKS!

    Since I have long been aware of what such resources are, in this case I would like to state that the gatesfx.com website is completely unsuitable for adequate trading and should be avoided. How do I know all this, why am I so sure it’s a fraud? The point is that this company does not have a real office and is registered in such a strange jurisdiction as Saint Lucia. Does that name ring a bell? Suppose I tell you that GATESFX is a strange company based offshore, unlicensed by any serious regulators, and hiding behind the details of a third-party company in the South African registry. Would you understand that it’s a scam?

  • Anna
    1 review
    16.09.2025 07:43
    All trading here is fake

    I lost over $300 trying to trade GBP/USD, AUD/USD, and other pairs, even though I have experience.

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Broker Profile

Date of foundation
Since 2024
License
Offshore
Leverage
1:1000
Demo account
Yes
Order Execution Model
STP, DD, ECN
Minimum deposit
$10
Licensing Authorities
Questionable Regulator
Investor Protection
No
Transparency
Many Undisclosed Conditions
Reputation
Bad
Auditing
Not Conducted

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