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GatesFX
Operating status: SCAM
Website: https://gatesfx.com/
Broker violations and abnormal records
GatesFX claims to regulated by the International Financial Centre (IFC) of St. Lucia. While we confirm that a matching company, GatesFX Ltd., exists in the registry of St. Lucia IFC, it is important to note that this only means International Business Company (IBC) registration. It does not constitute a valid financial license. The St. Lucia IFC has clearly stated that it does not regulate or license forex brokers. Besides, GatesFX is unlicensed by any recognized financial authority. Therefore, GatesFX shows significant potential of being fraudulent operation.
GatesFX claims to regulated by the International Financial Centre (IFC) of St. Lucia. While we confirm that a matching company, GatesFX Ltd., exists in the registry of St. Lucia IFC, it is important to note that this only means International Business Company (IBC) registration. It does not constitute a valid financial license. The St. Lucia IFC has clearly stated that it does not regulate or license forex brokers. Besides, GatesFX is unlicensed by any recognized financial authority. Therefore, GatesFX shows significant potential of being fraudulent operation.
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