A relative recommended this online trading platforms to me when I first started trading 5 years ago. I had no idea online platforms were causing a revolution in the trade industry by including cutting-edge sophisticated technical elements!
However, as I started looking through trading sites, I discovered a long list. This was due to the large number of trading platforms accessible today. While you might think that’s a wonderful thing, it’s not the greatest scenario for a rookie trader to be in. You may become perplexed when attempting to make a sound decision.
New traders are inexperienced and have no established investing goals. Not only that, but when using leveraged financial instruments, they are at a higher danger of losing their whole investment money.
I know this since it took me some time to adjust to the current market’s volatility. Despite this, I was able to navigate my way through with ease. One of the many reasons I wanted to share my experience with this trading platform is because of this. During my search for the finest forex trading platforms, I came across London-Gates. It was apparent that the company had begun out with defined objectives in mind and aimed to transform the trading landscape.
This review was written based on my own personal experience. I’m hoping that this would appeal to traders that are seeking for a good trading platform. They will not only be able to assess their own trading needs, but they will also be able to make decisions.
This will be my first review, but as a new trader who was just as puzzled as you, I wanted to be able to assist new traders in navigating the numerous trading platforms available.
Quick Analysis During Survey
This considers the brief survey you conduct on any trading platform. When I was browsing trading platforms, I was rating them based on their first impressions. When it came to the trading platform’s perspective, there were a few things that I had in mind.
I was truly pleased by London-Gates from the start. According to the broker, each client will benefit from ultra-tight spreads, lightning-fast order execution, unmatched service, and next-generation technologies.
I won’t lie, having such opportunities at hand is undoubtedly every trader’s fantasy. This seemed a bit too good to be true to me. However, when browsing the server, I kept an open mind.
I enjoyed the colour schemes and thought the brighter tones were much more refreshing than the more traditional darker tones. The platform’s main page became more friendly as a result of this. The stock report bar was an intriguing addition since it provided essential trade information directly on the main page.
While exploring the platform’s other areas, I was a little confused. The remainder of the features may be accessed by clicking on the right corner. While this is a smart approach to condense the display options, it can be a little confusing the first time you visit the site.
You’ll be able to quickly access everything after you’ve figured out where everything is. I came across their numerous tools for CFDs and cryptocurrency when exploring the firm’s offerings.
London-Gates appears to have spent a significant amount of time and work improving its trading systems in order to join the bitcoin bandwagon. I’ve worked with trading platforms that offer cryptocurrency as an option, but I don’t believe I’ve ever worked with one that was that well-equipped.
With its high-end crypto list, which includes Bitcoin, Ethereum, Ripple, Litecoin, Dash, and Bitcoin Cash, Gates hopes to revolutionize the trading industry. I wasn’t familiar with crypto before, but this platform’s commitment to growth inspired me to invest in digital currency.
I appreciate how they set up all of the alternatives for traders to choose from. So, no matter which choice you want, you have the opportunity to trade CFDs on FX, Indices, Stocks, Crypto, and Commodities.
When it comes to online trading platforms, I’ve always been hesitant, but London-Gates put my mind at ease. I have to add that this was mostly owing to their openness regarding security laws.
If you want to use this platform, you’ll have to go through an extensive registration process. At first, I considered this to be a little time consuming, but as I learned about the Risk Disclosure Statement, I became much more appreciative.
The most distinguishing aspect of this platform has to be the ability to view legal documents. So, whether you want to learn about their rules for Privacy, Terms and Conditions, Bonus, Risk Disclosure Statement, Anti-Money Laundering and KYC, Withdrawal, Refund and Cancellation, or anything else, you may do so. When it comes to reliability, London-Gates is prepared to meet all of your expectations.
Another intriguing aspect is the account selection. London-Gates’ main page makes sure to show all account kinds in the top right corner so you know what you have. The five account kinds offered make choosing a great deal easier. If you’re curious as to how, let me explain. As a trader, you may use this information to analyze what you’re searching for.
London-Gates has done everything it can to captivate the crowd. So, if you’re a trader who’s simply looking around the platform, this broker will surely pique your attention.
The Self-Managed account was the first account I chose. With a trial run, I discovered that I would be able to give this platform a fair shot. This account, which required a minimum balance of $250, appeared to be an excellent choice. Despite its lack of prodigious features, it nevertheless provides access to over 200 trading assets.
The flexible leverage does not exceed one hundred to one. This is an excellent account to use when evaluating the platform. Upgrades to higher accounts, such as Select, Personal, Honors, and Wealth Management, are always available. These accounts provide more advanced financial services. You’ll also benefit from increased security and legibility for promotional ventures.
You may always get assistance from the firm’s personnel if you are unsure about your trade needs. You’ll be amazed at how accommodating they are in this respect. All of the service providers are brokers that are well-versed in the industry.
Working with my broker was a positive experience for me. He is one of London-Gates’ brokers and was able to answer all of my questions. He was busy with his other clients at times, but he always found time to respond to me. Because of the large number of clients they take on, you will notice that their brokers are usually quite busy. I’m expecting that the platform does more to distribute the job burden across the brokers.
Multiple Ways To Get In Touch
The forum has included a number of communication options, including email, form submission, chat, and phone, due to the platform’s huge clientele, which comprises traders from all over the world. All of these are good and reply quickly. I feel obligated to point out that the personnel on the other end is really kind and accommodating. “Hello, I’m having problems finding the email address,” they never make you feel silly for asking such questions. It’s something I’ve previously done. The drawback is that these alternatives are not always available.
On weekends, they are closed, and they have limited hours throughout the week. Furthermore, there is not one international phone number that all clients throughout the world may call. I hope the firm thinks about addressing these concerns as soon as feasible. Aside from that, this is one of the broker’s most popular services.
Deposit and Withdrawal Processing
When it comes to handling client requests for deposits and withdrawals, London-Gates is highly efficient. They ensure that all transactions are adequately monitored. Although I found the verification method to be a little lengthy, I see why it is necessary. The business makes every effort to begin the withdrawal procedure as soon as possible after verification. The following are the withdrawal and deposit options:
- Wire Transfer
Given that it includes all of the main payment options, I thought this to be rather comprehensive. Traders of various sorts from all over the world may simply trade on this platform, thanks to the company’s efforts. They do not, however, accept traders from the United States and have a disclaimer that they are unable to welcome traders from other jurisdictions. This seemed to me to be in direct opposition to their earlier promise of global inclusion for dealers.
For the past two years, I’ve been a part of this trading site. When choosing a trading platform, I have always thought that you should choose one that allows you to expand. The reputation of London-Gates has been well-deserved. It ensures that all advanced tools and security policies are available on a single platform. You will be able to rapidly expand your portfolio.
During my time here, I’ve learned a lot and am looking forward to generating more money. The platform should do more to promote inclusion for all traders, particularly in terms of language selection. Their attempts to recognize consumer demands, in my opinion, make them a well-ordered organization.
Disclaimer: This review is written from my own experience and my self-knowledge only, and this is not a recommendation