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ASIAN GATE -

Score

1.47 /10
Danger

ASIAN GATE

Sri Lanka

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://asian-gate-ltd.com

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Score

Regulatory Index0.00

Business Index6.66

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Broker Information

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Company Name

ASIAN GATE INTERNATIONAL LIMITED

Company Abbreviation

ASIAN GATE

Platform registered country and region

Sri Lanka

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ASIAN GATE · Company summary
ASIAN GATEReview Summary
Founded2020
Registered Country/RegionSri Lanka
RegulationNo regulation
Market InstrumentsForex
Demo Account✅ 5 valid demo accounts at the same time
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformMT4
Min Deposit$5
Customer SupportPhone: +94 117129373
Email: support@asian-gate-ltd.com
Regional RestrictionsUS clients are not allowed

ASIAN GATE Information

ASIAN GATE is an unregulated broker, offering trading on forex with leverage up to 1:500 and spread from o pips on the MT4 trading platform. The minimum deposit requirement is $5.

ASIAN GATE's homepage

Pros and Cons

Pros Cons
5 valid demo accounts at the same timeLimited trading products
MT4 platformDormant account fee charged
Low minimum deposit requirementUS clients are not allowed

Is ASIAN GATE Legit?

No. It is registered in Sri Lanka. It has no valid regulations currently.

Domain information

What Can I Trade on ASIAN GATE?

The broker offers forex trading only.

What Can I Trade on ASIAN GATE?

Account Type

Here are two account types ASIAN GATE offers:

Account TypeMin Deposit
Standard $5
EA $5
Account comparison

Leverage

The broker offers leverage up to 1:500.

Leverage

ASIAN GATE Fees

The broker advertises to offer floating spreads from 0 pips.

Floating spreads

Non-Trading Fees

If 90 days have passed from the date of the last transaction/withdrawal/deposit/fund transfer/additional transaction account registration act in the trading account, it will be considered as a dormant account. All remaining bonuses, promotional credits and XMPs at that time will automatically disappear from the dormant account.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, iPhone, iPad, Android, Android tabletBeginners
MT5❌/Experienced traders
MT4

Deposit and Withdrawal

The broker accepts payments done via credit cards, electronic payment methods, overseas remittances, domestic remittances, etc.

The minimum deposit and withdrawal amount is $5.

User Reviews

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User comment

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Comments

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FX1421744036
more than one year
Furthermore, there have been instances of significant slippage during trades, which can be frustrating and costly for traders. Withdrawals also seem to take longer than expected, which can be a concern for those who need quick access to their funds.
Furthermore, there have been instances of significant slippage during trades, which can be frustrating and costly for traders. Withdrawals also seem to take longer than expected, which can be a concern for those who need quick access to their funds.
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2023-04-03 18:31
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FX1421744036
more than one year
I have mixed feelings about ASIAN GATE. On the positive side, they offer the popular MT4 trading platform, which is user-friendly and provides many useful features. Additionally, they offer a variety of trading products and flexible leverage options. However, the website itself is quite basic and lacks some important information that traders need. For example, it is unclear what the minimum deposit requirement is, and the information about fees and commissions is not easily accessible.
I have mixed feelings about ASIAN GATE. On the positive side, they offer the popular MT4 trading platform, which is user-friendly and provides many useful features. Additionally, they offer a variety of trading products and flexible leverage options. However, the website itself is quite basic and lacks some important information that traders need. For example, it is unclear what the minimum deposit requirement is, and the information about fees and commissions is not easily accessible.
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2023-04-03 18:31
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