Many people join the Forex market world with one thought on their mind, to build an empire just like Bill Lipschutz, for example. Well, that’s an interesting idea but usually, people make a mistake from the very beginning. If you want to become successful, you cannot just go and deposit money in the first place you find. Instead, you have to find a proper broker and that’s not an easy task.
To make things easier for you, we found one broker that seemed like it deserves your time and decided to write this Golden Gate review. This broker has some experience in the market, but the best thing of all is that people who stand behind it are professionals. Why is that important to you? Well, if you start trading with experienced people, they will teach you a lot. Aside from that, someone who is in the Forex market already knows what the needs of traders and they are can provide it from the first moment. As you can see, there are many benefits and that’s why we decided to talk about Golden Gate. It’s time to go through every detail about this broker and find out if it fulfills all your requirements.
Once you go to the website, you can see what this broker offers. For starters, over 200 tradable assets. This is a big thing since each client gets a chance to choose from different asset classes. There is a possibility to go with Cryptocurrencies, Stocks, Indices, Commodities, or Currencies and the best thing of all, the selection of cryptocurrencies is amazing. It’s not a usual thing to see Bitcoin, Ethereum, Litecoin, Tether, XRP, and Bitcoin SV in one place, so that’s the first thing we liked about Golden Gate. And do you know what’s even better? You can choose those assets no matter the account. So, even if you go with the smallest one, you can trade the whole list.
Platform and Execution SCORE: 90%
As usual, the trading platform is the first segment we want to review. We won’t waste your time discussing how important it is to have a proper platform, because we believe each trader already knows that. That’s something you will need the most since everything you do is connected to the trading platform. From opening to closing and managing positions. This means that we need to have a responsive and optimized solution that will meet the requirements of every trader.
We will be honest, the best option for us is a simplified platform that will be perfect for beginners but with some customizable options, so experienced traders can change it according to their preferences. Maybe that’s why we liked Golden Gate from the very beginning. This broker managed to create a unique solution that’s fully customizable. It doesn’t have a lot of details and yet you won’t miss a thing.
This platform is well-designed, and it’s created in three parts. Two of them are for account management and tradable assets, while the third one is customizable, and you can completely change the whole appearance of the chart. The most important thing you need to know is that each client will trade on a real-time basis. Also, the platform is optimized, and you can use it on every device and even trade while you are on the go.
So, once we summarize everything, we have to say this is an excellent platform that contains everything. We don’t have doubts it will satisfy the needs of the pickiest traders.
Withdrawal Speed SCORE: 75%
Withdrawal speed usually varies a lot. Some brokers make it fast, while others need weeks to proceed with a transaction. Luckily, Golden Gate respects its clients and they do not waste a single minute of your time. So, you can count on fast withdrawals and easy processes.
Everything lasts between seven to ten business days. Two main things determine how long the waiting time is and the first one is the account type you choose. Golden Gate is a transparent broker and it doesn’t hide the fact that some accounts have prioritized withdrawals. So, if you go with the smallest account, you will wait a bit longer. The good thing is that even before you choose an account, you will know how much time you have to wait.
Another thing that has an impact is KYC Policy. This ensures the safety of the funds although it prolongs the whole process. Before each withdrawal, you need to go through Identity Verification and send some documents to prove your identity. In order to make things faster, you can prepare those documents in advance and send them alongside your withdrawal request. Once your request is approved, everything depends on your payment provider.
When it comes to possible payment methods, this broker made sure clients have a decent selection. You can choose between Credit Cards, Bank Transfer, or Bitcoin Transfers and the only requirement is to use the same method for deposits and withdrawals.
There are no deposit fees, which is great, but you will have to pay some commission upon withdrawal. An excellent thing is that the commission is very low, and you can always see the exact amount in the terms and conditions, so there won’t be any negative surprises.
Support and Assistance SCORE: 80%
So far, every part of the service was excellent and that is the reason we can recommend this broker to you. But, the last two segments will complete the whole story, and this Golden Gates review will get a perfect end. Why? Well, if anyone requires assistance while trading, you can count on a fast reply and knowledgeable representative. Not every broker can take pride in that, we can assure you.
First of all, you are not obliged to use one contact method. Instead, you can send an email to the compliance or support team, use the phone lines, Live Chat, or online form on the website. This form works in the same way as email, it’s just more convenient since you do not have to leave the website. Also, if you go with that method, there is an option to choose between Customer Support Service, Trading Platform Assistance, General Feedback, and Complaint. Once you select the department, the message will go there instantly, and you will receive a reply much faster.
Since our personal preference is Live Chat, we sent a message there to see if someone will get in touch with us at the same moment. Their support team is apparently responsive and as soon as we sent a message one of the representatives welcomed us. Our impressions are nothing but positive. Everything we wanted to know about transactions was explained and they didn’t mind spending some time until we understood everything. This is great and if you need anything, feel free to contact them. We assure you will get a fast reply and useful advice.
Education and Tools SCORE: 95%
The last part of the review is all about education. This is an extremely important part and if you find someone who doesn’t provide it, you cannot expect to grow as a trader. Throughout the whole review, we repeated that Golden Gate surpassed our expectations and one of the reasons for that is the Education Center.
It contains eBooks, Asset Index, Glossary, and Frequently Asked Questions pages. Of course, the education level depends on the account you have, but there is also something for visitors only. So, you don’t even have to be a registered user to read their online learning material.
If there is anything you want to know about trending assets or some term that is not familiar to you, simply go to the Asset Index or Glossary part. Every piece of information is visible, and you will find them easily. Aside from that, you can expect webinars, market reviews, and VIP events which is great.
As you can see, there are a lot of things that make this broker stand out from the crowd. Not only does it treat clients with respect and value their time and money, but you can also improve your skills and become a better trader with time. So, if you are looking for a new place to continue your Forex journey, Golden Gate is an excellent option.