Accounts and access
Sections ↑Gate Securities offers self-directed CFD trading and a separately contracted portfolio-management service. The account label determines spread and commission terms, while client classification determines leverage and some protections. A Plus account does not by itself make a client professional. The comparison below uses the current account page together with the September 2026 legal policies. Those policies matter when a headline spread, execution description or withdrawal target leaves out a condition. Clients considering managed strategies also need the individual mandate and fee schedule; the general trading-account price does not establish the complete cost of that service.[1][9][7][12]
Classic account choices
| Item | Terms and implications |
|---|---|
| Classic | US$200 or €200 minimum; advertised spreads from 1.2 pips.Source 1 |
| Classic Plus | US$2,500 or €2,500 minimum; spreads from 1.0 pip.Source 1 |
| Included on Plus | Free VPS hosting and a one-to-one educator are advertised; market analysis is listed for both.Source 1 |
Prime account choices
| Item | Terms and implications |
|---|---|
| Prime | US$200 or €200 minimum; spreads advertised from zero, with instrument commissions.Source 1 |
| Prime Plus | US$2,500 or €2,500 minimum; zero-spread floor with the lower published commission schedule.Source 1 |
| Account currency | EUR or USD; the Plus variants also advertise VPS hosting and a one-to-one educator.Source 1 |
Client classification
| Item | Terms and implications |
|---|---|
| Retail | Major-FX leverage is capped at 1:30, with lower caps for other asset classes.Source 9Source 7 |
| Professional | Separate eligibility and assessment apply; maximum major-FX leverage is 1:100.Source 9Source 7 |
| Managed strategies | A separate suitability assessment and portfolio-management agreement are required.Source 9Source 7 |
Markets and platforms
Sections ↑Trading instruments
| Item | Terms and implications |
|---|---|
| Main catalogue | FX, NDFs, equities, indices, commodities and crypto are offered as CFDs.Source 1Source 7 |
| Underlying ownership | These are derivative exposures; buying a share or crypto CFD does not establish direct ownership of the underlying asset.Source 1Source 7 |
| Platform | MT5 is the platform listed for all four account variants.Source 1Source 7 |
NDF contract structures
| Item | Terms and implications |
|---|---|
| Rolling spot | The NDF page separately describes rolling contracts without the same fixed month-end settlement.Source 6 |
| Month-end | A cash-settled contract closes at its fixing rate; trading stops at midnight on the day before the fixing date.Source 6 |
| Calendar | Holidays can change the fixing and settlement schedule; use the actual contract specification.Source 6 |
NDF leverage and currency risk
| Item | Terms and implications |
|---|---|
| Market examples | The page lists exposures including USD/BRL, USD/IDR, USD/INR and USD/KRW.Source 6 |
| Instrument limits | The displayed NDF ratios vary, including 1:10, 1:16 and 1:20; the general 1:30 FX headline is not universal.Source 6 |
| Fixing risk | The eventual fixing rate can differ from the last tradable quote.Source 6 |
Fees and ongoing costs
Sections ↑Prime FX and NDF commissions
| Item | Terms and implications |
|---|---|
| Prime FX | From US$4 per lot per side; a full open-and-close trade at that rate is US$8 per lot.Source 2 |
| Prime Plus FX | From US$3.50 per lot per side; US$7 for both sides at that rate.Source 2 |
| Prime NDFs | From US$5 per lot per side.Source 2 |
| Prime Plus NDFs | From US$4.50 per lot per side.Source 2 |
Costs beyond an FX spread
| Item | Terms and implications |
|---|---|
| Other instruments | Share, crypto and other instrument charges have separate schedules; Classic should not be described as universally commission-free.Source 2Source 12 |
| Overnight positions | Financing varies by instrument and side; long and short positions can both incur a charge.Source 2Source 12 |
| Illustrations | The September costs policy includes worked examples. An example is not a fixed quote for every instrument or trade size.Source 2Source 12 |
Inactivity and closure
| Item | Terms and implications |
|---|---|
| Trigger | Six months without transactions under the client terms.Source 7 |
| Positive balance | A €10 monthly dormant-account charge can be deducted.Source 7 |
| Zero balance | An inactive zero-balance account may be closed.Source 7 |
| Money still owed | Closing or classifying an account as dormant does not extinguish the client’s claim to remaining funds.Source 7 |
Portfolio-management charges
| Item | Terms and implications |
|---|---|
| Main terms | A 30% performance fee is stated for a profitable movement in the managed portfolio.Source 7 |
| Mandate appendix | Appendix III applies the strategy’s agreed success-fee percentage and a high-water-mark mechanism.Source 7 |
| Platform fee | A separate flat platform fee can apply each trading interval, regardless of profit or loss; obtain the actual schedule.Source 7 |
| Early exit | A withdrawal or account closure can trigger performance-fee calculation before the ordinary interval ends.Source 7 |
Orders, margin and execution
Sections ↑Retail leverage schedule
Professional leverage schedule
Margin close-out
| Item | Terms and implications |
|---|---|
| Trigger | At 50% maintenance margin, one or more positions are closed automatically.Source 9 |
| Closure order | The September policy starts with the position carrying the highest loss.Source 9 |
| Client responsibility | Notifications are not guaranteed to arrive in time; the policy requires the client to monitor equity and used margin.Source 9 |
Execution model
| Item | Terms and implications |
|---|---|
| Default role | The September execution policy says the company is the counterparty, acting as principal.Source 8 |
| Alternative venues | It may redirect an order where a listed execution venue offers better conditions for best execution.Source 8 |
| Limits | Insufficient liquidity, rapid price changes or inadequate margin can prevent execution; requested stops do not guarantee a price.Source 8 |
Deposits, withdrawals and balances
Sections ↑Depositing funds
| Item | Terms and implications |
|---|---|
| Published route | Bank transfer in EUR or USD.Source 3 |
| Ownership | Funding must come from an account in the client’s name.Source 3 |
| Timing | The deposit page estimates 2–5 working days.Source 3 |
| Charges | The company states no deposit charge; sending, intermediary or receiving banks may charge.Source 3 |
Withdrawal timeline
| Item | Terms and implications |
|---|---|
| Company handling | The withdrawal page targets processing within 24 hours, Monday to Friday excluding holidays.Source 4Source 7 |
| Bank receipt | Usually 2–5 working days after processing; this is separate from the internal target.Source 4Source 7 |
| Conditions | Verification, available funds and payment-destination checks must be satisfied.Source 4Source 7 |
Verification and available money
| Item | Terms and implications |
|---|---|
| Incomplete onboarding | The agreement permits holding funds pending full KYC information and returning them to their source within 15 days if the required information is not supplied.Source 7Source 4 |
| Open exposure | Money supporting margin or outstanding liabilities is not automatically withdrawable.Source 7Source 4 |
| Provider costs | A company fee waiver does not waive a bank’s own charges or currency-conversion cost.Source 7Source 4 |
Regulation and client protection
Sections ↑Verified operator
| Item | Terms and implications |
|---|---|
| Legal entity | Gate Securities (Cyprus) Ltd, company HE404686.Source 13Source 8 |
| Authorisation | CySEC licence 395/20, dated 18 December 2020.Source 13Source 8 |
| Former name | Sheer Markets (Cyprus) Ltd.Source 13Source 8 |
| Current address | The register and current policies give 331, 28th October Avenue, Lido House Block 2, Unit 365, 3106 Limassol.Source 13Source 8 |
Protection has defined scope
| Item | Terms and implications |
|---|---|
| Client money | The agreement describes segregation and the risks of third-party institutions and pooled accounts.Source 7Source 9 |
| Retail balance protection | The leverage policy provides retail negative-balance protection; it does not prevent loss of the money invested.Source 7Source 9 |
| Classification | Professional status changes the applicable protection framework and should be assessed separately.Source 7Source 9 |
Investor Compensation Fund
| Item | Terms and implications |
|---|---|
| Calculation | The lower of 90% of cumulative covered claims and €20,000 for an eligible covered client.Source 10 |
| Example | A fully eligible €10,000 covered claim would imply €9,000 under that formula, subject to the fund’s determination.Source 10 |
| Purpose | Compensation depends on the fund’s activation and eligibility rules; it is not cover for ordinary market losses.Source 10 |
Support, records and complaints
Sections ↑Contacts and account records
| Item | Terms and implications |
|---|---|
| Support | [email protected]; telephone +357 25 861400.Source 7Source 12 |
| Statements | Online account and trade information should be checked promptly; the costs policy also describes periodic and annual cost reporting.Source 7Source 12 |
| Error deadline | The client terms require reporting a disputed or missing confirmation/report within ten business days.Source 7Source 12 |
| Additional detail | An itemised breakdown of costs can be requested.Source 7Source 12 |
Complaint procedure
| Item | Terms and implications |
|---|---|
| Acknowledgement | Within five business days, with a unique ten-digit complaint reference.Source 11 |
| Normal response | Within two months.Source 11 |
| Delay | A reasoned holding response may extend the company’s response period, with an outer three-month period.Source 11 |
| Escalation | The policy describes a four-month Financial Ombudsman referral window after the final response or relevant deadline.Source 11 |
Additional services
Sections ↑Managed-strategy authority
| Item | Terms and implications |
|---|---|
| Separate agreement | Portfolio management is not merely following a public trading idea; the mandate authorises investment decisions for the account.Source 7 |
| Suitability | The firm assesses the service against the client’s circumstances and agreed strategy.Source 7 |
| Termination | Appendix III normally requires 15 calendar days’ notice by either party; immediate termination exceptions also apply.Source 7 |
Exiting a managed strategy
| Item | Terms and implications |
|---|---|
| Early withdrawal | The mandate warns that leaving before the strategy’s investment horizon may adversely affect the result.Source 7 |
| Fees at exit | Withdrawal or closure can crystallise performance fees; a separate platform fee may remain due.Source 7 |
| Open positions | Do not assume that disabling a portal setting instantly liquidates positions or settles all liabilities; obtain instructions under the actual mandate.Source 7 |
Company and operating history
Sections ↑Identity and document continuity
| Item | Terms and implications |
|---|---|
| Renamed firm | The authority entry explicitly links Gate Securities with former Sheer Markets.Source 13Source 5Source 7 |
| Current policy set | Execution, leverage, costs and complaint documents are dated September 2026.Source 13Source 5Source 7 |
| Contract assignment | The agreement provides 15 business days’ written notice for a transfer or novation of the relationship.Source 13Source 5Source 7 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Gate Securities (Cyprus) Ltd
CyprusSource 13
No separate licence entry is recorded in this panel.
Important terms and limitations
Sections ↑Points to confirm for the chosen service
| Item | Terms and implications |
|---|---|
| Self-directed account | Instrument commission, financing, minimum order and live margin in the actual account.Source 2Source 6Source 7 |
| NDF | Whether the contract is rolling or month-end, and its fixing date and applicable leverage.Source 2Source 6Source 7 |
| Managed account | Strategy-specific success fee, flat platform fee, trading interval and position treatment on exit.Source 2Source 6Source 7 |
Sources & further reading
- Current account comparison Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Instrument commissions and financing Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Deposit conditions Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Withdrawal conditions Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Current legal-document index Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Rolling and month-end NDF CFDs Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Client terms, 15 December 2025 Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Order execution policy, 4 September 2026 Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Leverage and margin policy, 4 September 2026 Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Investor Compensation Fund notice, 12 December 2025 Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Complaint procedure, 3 September 2026 Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Costs and charges policy, 2 September 2026 Gate Securities (Cyprus) Ltd · Accessed 27 Oct 2026
- Gate Securities (Cyprus) Ltd firm-register entry Cyprus Securities and Exchange Commission · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.