Trading has been my passion for a long time. It has been more than 5 years for me in this business and I have been actively involved in it. It all started with tons of research, looking for a brokerage firm that not only satisfies my current requirements but also has the capability to meet my future plans.
I had been discussing with my friends and family for their feedback on various brokerage firms with whom they have experience and compared pros and cons for each of those while considering my own trade requirements.
One of the major concerns during online trading is the security of the systems in place. It was a major factor being considered by me while looking for a trading partner. During my search for a sincere and good reputational brokerage firm; I was informed of London Gates by a fellow colleague.
I reviewed London Gates’s website, reviewed the services they provided; performed a comparison with other online brokerage firms available in the market and was immediately attracted towards the website for various reasons such as user-friendliness of the website, its ease of use, availability of relevant and to-the-point information and use of top-end reliable technology.
I performed a comparison of the services provided with my requirements and was pleased to see that the firm provides all required services; in addition to the already received good reviews from my friends and family.
I immediately registered myself, deposited an initial amount and started trading. Within a few days, I was able to experience some of the best systems, reliable software, policies and security; which not only helped build my trust but also showcased the firm’s long-term commitment.
Generally, in trading, your prosperity essentially lays on your capacity to make a judgment and your insight yet on the off chance that these characteristics are supplemented with fitting devices, you can do some incredible things. Trading platforms at London Gates provides you with all the tools you would need to overcome the exciting world of CFD trading, allowing access to worldwide global markets from anywhere and anytime.
The first thing I noticed when I visited the website was its ability to attract users and draw its attention towards the various services available. It has been designed to provide the best experience not only to a professional or experienced user but also to a start-up; easy to navigate with a one-click menu with the option to navigate throughout the website.
Even though the server design is more dependent on personal perspective and each trader might have a different opinion, I found it worth my while. I am one to prefer lighter colour schemes so the bright outlook of London-Gates was one I never found a reason to complain about. I would hope they would introduce an option to select a number of colour schemes and themes in the near future in order to accommodate traders with different aesthetics.
Overall with respect to performance, you won’t find the website lacking on any front as the straightforward layout makes it easier for all types of traders to find their way through.
Type of Accounts
London Gates provides traders with various account types based on their very own requirements and each account is well suited for their respective needs.
Traders have the option to opt for a Self-Manage Account with over 200 tradable assets, available market view and flexible leverage of up to 1:100. A minimum balance fee of $250 is required for this account. I opted for this account while trying out this platform for the first time. It would help you get a grip on the trading conditions provided by this platform.
The Select Account is a step-up from the Self-Managed account; having features not only of the Self-Managed Account but also providing the following:
- Dedicated senior account manager
- Flexible leverage up to 1:200
- Tier-3 trade room analysis
- Risk management planning
- Monthly webinars
- Bonus funds
- Spreads from 1.5 pips
- Financial planning
- Special venture promotions
- Level-3 prioritized withdrawal process
A minimum balance of $10,000 is necessary for this account type. I upgraded to this account type within three months after I joined this platform as I found its characteristic features well suited to my own trade requirements.
Personal Account type provides all the features of Select and provides an additional:
- Flexible leverage up to 1:300
- Spreads from 0.5 pips
- Tier-2 trade room analysis
- Weekly webinars
- Level-2 prioritized withdrawal process
However, a minimum balance of $50,000 is required for Personal Account.
This type of account provides the following features in addition to the features provided by the Personal account type:
- Powerful leverage up to 1:400
- Ultra-tight spreads from 0.0 pips
- Full access to webinars and analysis
- Level-1 prioritized withdrawal process
- Access to VIP events
- Special gift worth %5,000
The account comes with a requirement of a minimum balance of $250,000.
- Wealth Management:
London Gates provides its users with the ability to apply for an exclusive account for a tailor-made solution based on their requirement.
Such a diverse variety compels traders to be more specific with their requirements so that brokers could cater to them more efficiently. This platform had managed to hold my attention because of its standardized process of registration and security policies at all levels. To ensure that traders are at ease, all the accounts have deposit options via credit and debit cards, e-wallets as well as a bank wire transfer. Traders also have the ability to upgrade their account whenever they feel like and are willing to enjoy amazing facilities.
London Gates provides a number of investment opportunities to its clients in order to ensure that they are able to expand and diversify their trading business accordingly.
The risk of loss from investing in CFDs is usually eminent but it is also evident that the value of your investments may vary which will, in the end, showcase a different result each time. What is obvious is the fact that you can’t always rely on scoring a profit. This is why it is essential to understand that CFDs are complex instruments that come with a high risk of losing money rapidly due to the extended leverage. You should consider whether you understand how these assets work and whether you can afford to take the high risk of losing your money. London Gates provides detailed indices on their website which aids traders to decide which stocks are performing better and investing accordingly.
Personally, I would have preferred had they incorporated a more diversified range of indices based on the recent developments in the market. But from the looks of it, they are well on their way to upgrade their asset collections over time.
Trading in stocks is one of the most common types of trading and has proved to be one of the most lucrative investment opportunities for me. London Gates not only increased my accessibility to different stocks, in comparison to my previous experience of online brokerage firms but also provided me with a rush of Wall Street trading.
Trading in foreign currency has never been this easy and fun. I was able to trade in various foreign currencies using a single window; while reviewing their past trends.
Crypto is one of the categories that I had never traded-in in the past. This was due to high associated risk and exposure. However, London Gates made me realize that digital coins have transformed the way we transact, think and invest. Blockchain and cryptocurrencies are rapidly changing our world which is one of the many reasons why I decided to get on the bandwagon myself and make the most of it.
London Gates deals with different cryptocurrencies like Bitcoin, Ripple, Litecoin, Ethereum and Dash; meanwhile, it also remarks the associated risks of such booming investments. Including such disclaimers on their website is extremely thoughtful of them because new traders should be aware of the risks and this inevitably also makes London Gates, a trustworthy trading platform.
Traders have the option to deal in commodities via London Gates. Commodities like Gold, Platinum and Crude Oil are readily available for trading on this platform.
Service quality inevitably leaves a significant impact on customer satisfaction and loyalty which in the end influences their behaviour. It also leads to a long term relationship between the servicing platform and the clients due to the perceived value and loyalty. So far, I have been able to experience a great quality of service from London Gates. There have been ups and downs during my trading experience, but the management as a whole has always been there to provide me with analysis, ideas and way-outs.
I would say that the service providers at London Gates are:
- Readily available via live chat or email;
- Adequately trained;
- Provide complete information; and
- Respond with a positive attitude.
London Gates provides the ability to manage the portfolio as per my need; with alerts and notifications to inform when my preferred stock’s prices are attractive or hit a certain point. Their modern trading platform provides traders with all the tools needed to conquer the exciting world of contracts-for-differences (CFD) trading.
Learning and Education
Over the past years, I’ve understood that learning and education should never stop as you should be educated about the changing market regardless of how long you’ve been in the industry. This is the reason London Gates has committed a whole fragment to enlightening assets. This is why London Gates isn’t just viewed as a trading platform yet additionally an asset place. It has subsections that are characterized under eBooks, Asset Index, Glossary, and FAQ. I was a little disappointed in finding that it isn’t constantly refreshed, however, the way that it obliges a wide range of traders, I am sure they will be able to make progress in this matter as well.
For those who are looking for an online trading platform, London Gates is surely one that can prove to be a secure and reliable option in the long run. I have shared my experience and so far, it has been quite satisfactory.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.