Financial Gates Ltd

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Financial Gates Ltd manages and owns the site, but it does not disclose any information about its location. Although the broker invites users to contact it by phone with questions, it does not provide its number. It is also unknown where and when the firm came into existence. As for the domain, it was registered in January 2023 in the US. Meanwhile, the only mention of the regulator of the broker’s activities is in the Bonus Policy document, which states that the client’s disputes with the company are interpreted in accordance with the laws of the Republic of Estonia. In addition, the account cannot be opened by US citizens.

Is it safe to trade on this platform? How honestly does the broker fulfill its obligations to its clients? We will analyze the site’s technical features and legal documents and share our conclusions with you.

Trading Conditions

The FinancialGates web trading platform allows clients to log in to their accounts and trade on any device. You can deposit funds using electronic (APM, EFT) and cryptocurrency wallets, bank transfers, and cards (Mastercard, Visa). The limit for withdrawals is the amount of $100. The account offer includes 6 packages, which in turn are structured by deposit size:

  1. Self Managed, from $250 – over 200 assets, 1.5 point spread, daily market reviews, leverage up to 1:100, e-books and video lessons.
  2. Silver, from $5,000 – plus professional trading tools, individual meetings with analysts, priority withdrawals, weekly summaries.
  3. Gold, from $10,000 – additional list of asset indices, personal manager, education on request, over 20 e-books, access to all platform analytics.
  4. Platinum, from $25,000 – 1:300 leverage, 0.0 pip spreads, weekly webinars, ultra-low commissions, priority access to video content, economic calendar, accelerated processing of all transactions, market news, and updates.
  5. Diamond, from $50,000 – additional benefits and new features not specified in the tariff plan.
  6. VIP, from $100,000 – highest leverage of 1:500, professional trading tools, financial planning, advanced training material, and priority access to the manager.

The broker guarantees exceptional trade execution and protection against negative balance. Trading on the terminal is available around the clock from anywhere in the world where there is internet. However, the brokerage company deducts a $99 commission for your inactive account for 30 days.

Verification of a client’s identity at Financial Gates requires the provision of notarized documentation. If a trader fails to provide the requested documents, the broker blocks the withdrawal of funds from the deposit. 

The site has a professional glossary, asset index, and 12 e-books in open access. A trading terminal is opened without registration, where you can familiarize yourself with the functionality in advance. For example, a reward of 10% of the amount over 1000 euros is offered for participation in the Financial Gates referral program. However, during our testing, the platform worked unstably, offering to go to the website’s support section in case of failure.

FAQ

Would investing in Financial Gates offer the best returns?

Your cooperation with this company is more likely to result in a loss of capital rather than a profit. This is a risky CFD banned in many countries. In addition, on an unstable platform, the broker is able to manipulate trading conditions in every possible way.

Does Financial Gates carry out withdrawals?

Most likely you will not be able to withdraw funds. According to the trading terms and conditions, your deposit may be blocked even while you are funding your account. In addition, the broker may refuse to withdraw funds when checking your documents. Judging by traders' reviews, this is often the case. You can share your experience in the comments.

May I be scammed on financialgates.io?

Lack of license and transparency of the company entails risks of capital loss by the client. The probability of fraud is high, as the broker's activity is not regulated by state authorities. You will not be able to recover money from an illegally blocked account through a court of any jurisdiction.

What's the best way to share my experience with Financial Gates?

Fill out the form and we'll make sure your voice is heard.

How can I tell if Financial Gates is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: No
License: No license
Leverage: 1:500
Broker type: DD
Demo account: No
Affiliate program: Referral
Minimum deposit: 250$
Trading platform: WebTrader
Assets: Forex, CFD

11 reviews about Financial Gates Ltd

  1. Backs
    September 21
    Here experienced scam artists work
    Only the broker earns on the platform, and all traders leave without money. As soon as you stop sending them your funds, you will be ignored or blocked. In my case, I demanded my 3 thousand euros for a whole week, but nothing was resolved until I went to the bank for a chargeback. The guys there worked fine, but I had to be nervous!
  2. Vick
    August 18
    The site gave me a bad impression
    The company offers you to make money with such ‌huge leverage because it wants to go bankrupt!!!? I saw that the broker has no address or license :( so I didn't want to even consider this project for my capital increase.
  3. ..:AleX:..
    June 16
    I will briefly tell you about my experience
    I have been trading on this platform for more than 7 months, I have never had any problems with profit withdrawal. However I did not trade for a little over two months in the summer, and the broker debited almost $200 from my account. And that was my entire deposit, which I was counting on today to continue trading. I was penalized for having an inactive account, I didn't read that in the terms and conditions when I signed up. Of course, it's my own fault, but my mood is sad :(
  4. reast
    June 15
    FULL DELUSION!! YOU CAN'T BELIEVE A WORD OF IT - THEY ARE LIARS!!!
    I liked this terminal at first sight. Further, I decided to try their services and transferred 1200 dollars. Everything went well, the profit started to grow. The next day I got a call from an employee of Financial Gates and started offering various plans to increase my deposit, telling me that for a good profit, I needed to deposit at least $5,000. I believed this manager and decided to invest another amount to become 5 thousand USD with several card transactions. And then I had a feeling that there was something wrong with the payment, I noticed in the internet bank that the money was transferred to the UK, Estonia, or somewhere else. But I did not pay attention to it. However, after 2 days, the broker without my order suddenly puts a deal with a large number of lots, and instantly my deposit turns to zero. My manager called me and said that nobody could have known that the market would turn around. He offered me to replenish my account already up to 10,000 dollars. I didn't talk to him about anything else, this employee called me several times a day until I told him I went to the police. So this broker is a scammer, it's obvious!
  5. WASP485
    June 1
    THIS IS THIEVES!!!
    I traded successfully for the first 3 days, earning $1,300 to my deposit. Today I asked the manager to help me withdraw my money, but he talked me into continuing to trade. The platform constantly started to freeze and give some errors. But then all my money went into a minus when opening trades. There was only one thousand dollars left. I decided to withdraw the rest to a bank card. However, the operator removed this method from my account. I was left with a crypto wallet. When transferring all the money went ostensibly to my wallet address, but I received nothing!!! These are just thieves.
  6. aialbert
    May 27
    I am very annoyed by many of the problems with the site
    If you haven't opened an account, you've probably noticed anyway that if you click on the buttons to go to different chart options, it opens 1-2 of them all. All other buttons, no matter what function they indicate, actually take you to the support page. Plus the information is not repeated on the general offer pages for the potential customer. The site is clearly not finalized. It is unlikely that a successful company would offer its services in such a ridiculous way. Besides, the spreads here are high, stop-losses are triggered with delayed time, technical works are often held on the site, and sometimes it is impossible for me to close a deal. So be ready for such problems if you think of registering and opening an account here.
  7. Loodi kkdslfk
    April 5
    The broker does not take open trades to external markets!
    I personally checked transactions for the same cryptocurrency pairs on three sites, and it's not even "errors", it's a whole separate life of chart movement on the terminal! I compared the deal today, so, on the other two terminals I closed orders in the plus, and in Financial Gates at the very last moment, the price went into the minus! You can draw your own conclusions, dear gentlemen.
  8. artrinmax
    March 16
    I have a bitter experience with this broker
    I invested $16,000 and I traded for 2 months with variable success, but then I needed money urgently to solve family problems. My surprise was not limited when the manager told me that I couldn't withdraw the money due to suspiciously high activity on my account. So far Financial Gates refuses to pay me my deposit.....
  9. rich21
    February 24
    The support team is attentive and friendly
    The consultants are always quick to respond to my inquiries, usually within 24 hours and sometimes sooner! Their customer service is available 5 days a week, from 07:00 to 14:00 UTC, but I can email 24 hours a day :)
  10. kaster troy
    February 22
    Unavailability of demo account service
    I believe that for beginner traders, this service could provide a unique experience. However, Financial Gates does not provide traders with a demo account, so it is not safe for beginners to trade with their money without understanding the functionality.
  11. Bitbits
    February 17
    This is the second time I have written about this SCAM!
    I left one comment on a forum on the network, but it was deleted. There were only rave reviews. Apparently, the project managers are worried very much that no one will find out what they really do. But I will still write that I do not recommend contacting this fake company! And if you have already opened an account, I sympathize with you. At Financial Gates, pending orders disappear. This is when you have a pending order, a suitable price has come, and the order disappears - it is simply not there, it is not in the open (as if it did not reach the value a little bit, and at the same time on the other two platforms where I trade, the price was there, but here for some reason, it did not reach!!!), and the order is not in the closed. I contacted technical support - the operator requires proof! As if I have to make a video recording for each of my trades. On this platform, "trading signals" are nonsense at all - you can trade on them only in the negative. There are many correct directions, but very often they close themselves, and you do not even know about it. Or their analytics on the same instrument can be different, and quite the opposite. There was a lot more, but I will not write anything more. As long as you make a deposit, the broker will be polite with you. It will advise you on all kinds of fraudulent schemes and promotions (one of them is a classic referral program - bring a friend). But if you zero your deposit a couple of times in trading, managers will stop bothering you. Because everything here is built on swindling your money!

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