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GatesFX: Saint Lucia client counterparty versus South African FSP brand owner

GatesFX offers Bonus, STP Standard and ECN Raw accounts on MT5 and TradeLocker through a Saint Lucia contracting entity. The public menu supplies useful pricing, but its bonus equity rule and some dated help-page terms conflict with current marketing.

By FXBrokers.ai Editorial DeskOperating status: ActiveSources checked Published Updated
Profile scope

Scope follows the named account issuer. Company marketing, historical documents and independently matched register findings are distinguished in the profile; no funded trading or withdrawal test was performed.

  • The account agreement names Saint Lucia GatesFX LTD, distinct from the South African brand owner.
  • Published margin stages are warning below 100%, call at 80% and stop-out at 30%.
  • The bonus equity example conflicts with its formula; withdrawal processing claims also need method-specific interpretation.

GatesFX offers Bonus, STP Standard and ECN Raw accounts on MT5 and TradeLocker through a Saint Lucia contracting entity. The public menu supplies useful pricing, but its bonus equity rule and some dated help-page terms conflict with current marketing.[1]

Accounts and opening requirements

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Account comparison01

Three accounts, different funding and exposure

Three accounts, different funding and exposure
Feature100% Deposit BonusSTP StandardECN Raw Spread
Minimum depositUSD 10USD 25USD 500Source 8
Spread from1.0 pip1.0 pip0.0 pipsSource 8
Published commissionUSD 15/lotZeroUSD 7/lotSource 8
Leverage up to1:5001:5001:1,000Source 8
PlatformsMT5 / TradeLockerMT5 / TradeLockerMT5 / TradeLockerSource 8

View full spreads & trading costs

Markets and contract scope

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Specifications02

Advertised markets and what the contracts represent

Advertised markets and what the contracts represent
MarketScope and limitation
ForexCrosses and major currency pricesSource 1
MetalsGold and silver derivativesSource 1
Stock indicesBenchmark CFDs; no underlying ownershipSource 1
CommoditiesOil/other commodity-linked instruments on available serversSource 1
Other CFDsCheck individual symbol eligibility and account product termsSource 1

Trading costs and account charges

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Pricing & charges03

Commission convention and conflicting bonus quote

Commission convention and conflicting bonus quote
IssueEvidence
ECN USD 7Help article specifies round trip; comparison says per lot.Source 8Source 9
Bonus USD 15Help article specifies round trip; comparison says per lot.Source 8Source 9
Bonus spread/executionCurrent comparison: 1.0 pip/STP; dated help: 0.0/ECN.Source 8Source 9
At a glance04

Published market access by account

Published market access by account
AccountInstrument groups
Deposit BonusFX, metals, indices and energy.Source 8
STP StandardAlso crypto, US/EU stock and futures contracts.Source 8
ECN RawSame broad groups as STP Standard.Source 8

The round-trip descriptions help interpret commissions but do not resolve the Bonus account’s conflicting execution/spread wording. A matching issued account specification is required for that choice.[8][9]

Platforms, orders and margin controls

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Specifications05

Margin stages

Margin stages
Margin levelPublished response
Below 100%Risk warning.Source 7
80%Margin call.Source 7
30%Automatic closeout, largest losing position first.Source 7
Specifications06

Margin changes and hedging

Margin changes and hedging
ConditionCompany provision
Volatility or thin liquidityMay raise margin/reduce leverage without advance notice.Source 7
New or bonus-funded accountLower limits may apply pending verification.Source 7
Hedged positionsHedging is not treated as risk-free.Source 7

Deposits, withdrawals and settlement

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Process07

Withdrawal routing and method clocks

Withdrawal routing and method clocks
RoutePublished treatment after approval
All methodsVerified client, own-name beneficiary and original-source routing.Source 6
Cards/e-wallets24–48 business hours.Source 6
Bank wireTwo to five business days.Source 6
CryptoNetwork confirmations determine receipt.Source 6

The same policy also advertises two-hour processing 24/7. That wording is not a two-hour arrival guarantee and does not resolve the method-specific longer windows.[6]

Entities, permissions and safeguards

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Entities & regulation08

Entities, regulatory scope and investor rights

Entities, regulatory scope and investor rights
IssueLegal/company statement and limitation
Contracting companyGATESFX LTD, Saint Lucia registration 2024-00396Source 1Source 2Source 3
Brand ownerGATESFX PTY LTD, South Africa registration 2014/148132/07Source 1Source 2Source 3
Group licence claimSouth African entity advertises FSCA FSP 46087, NOT a licence of Saint Lucia contractSource 1Source 2Source 3
Region restrictionsExplicit Israel, NZ, Iran, North Korea and no active solicitation of US citizensSource 1Source 2Source 3
CompensationNo UK FSCS/SA investor compensation coverage established for Saint Lucia counterpartySource 1Source 2Source 3

Support, complaints and account access

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Availability09

Support and grievance channels

Support and grievance channels
FunctionAvailable public route or evidence gap
Contactgatesfx.com/contact and support librarySource 1Source 4Source 2
PlatformsMT5, TradeLocker, copy platform in site navigationSource 1Source 4Source 2
Complaint pathPolicy available in group legal directory; customer claim lies with GATESFX LTDSource 1Source 4Source 2
VerificationRegistration/ID checks before account approval and withdrawalsSource 1Source 4Source 2

Published contact routes

Official website / client contactWebsite
https://gatesfx.com/Source 1

Scope Account eligibility, compliance, payment and complaint routing

Copy trading, incentives and trading tools

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At a glance10

100% deposit credit: entry and conversion

100% deposit credit: entry and conversion
ConditionPublished term
EligibilityVerified client; one bonus account, regional restrictions.Source 5
Minimum depositUSD 10.Source 5
Matched deposit ceilingUSD 10,000.Source 5
Conversion turnoverStandard lots equal credit in USD divided by 10.Source 5
At a glance11

What can remove credit or close positions

What can remove credit or close positions
EventPublished consequence
Withdraw deposited fundsCredit removed; profits are described as withdrawable.Source 5
Negative balance or margin callCredit can be removed.Source 5
Equity rule breachedCredit removed and all positions closed.Source 5

The equity formula and example conflict: the text uses 120% of total equity, but its USD 1,000 deposit plus USD 1,000 credit example sets a USD 1,200 floor. That is 60% of starting total equity. This review does not choose an unwritten interpretation.[5]

Company structure and regional scope

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Entities & regulation12

The brand owner is distinct from the contract

The brand owner is distinct from the contract
CompanyPublished role
GatesFX LTDSaint Lucia 2024-00396; account-agreement counterparty.Source 3Source 1
GatesFX PTY LTDSouth Africa 2014/148132/07; brand owner.Source 3Source 1
FSP 46087Claimed for the South African entity; not a Saint Lucia licence.Source 3Source 1
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

GATESFX LTD

Saint LuciaSource 2Source 1

No separate licence entry is recorded in this panel.

GATESFX PTY LTD

South AfricaSource 2Source 1

No separate licence entry is recorded in this panel.

Material source limitations

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The bonus equity rule and withdrawal processing claims contain internal inconsistencies. They are retained explicitly because both can affect when a trader loses credit, is liquidated or receives cash.[5][6]

Follow the evidence

Sources & further reading

  1. Agreement to open a trading account GatesFX · Accessed 22 Oct 2026
  2. Support contacts and platform navigation GatesFX · Accessed 22 Oct 2026
  3. Withdrawal method processing policy GatesFX · Accessed 26 Oct 2026
  4. Current three-account pricing comparison GatesFX · Accessed 26 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.

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