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GateBits -

Score

1.42 /10
Danger

GateBits

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.31

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

1G

40G

open now

Broker Information

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Company Name

GateBits

Company Abbreviation

GateBits

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-12-11
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

News

ExposureBeware: A Very Attractive New Player In FX Trading GATE BITS Is Not Regulated

The FCA has warned the public about this new player in online trading GATE BITS, advising them to avoid investing and to be cautious when selecting a broker, as the ratio of scammers is much higher than that of legitimate brokers.

WikiFX
2023-01-16 14:39
Beware: A Very Attractive New Player In FX Trading GATE BITS Is Not Regulated

ExposureWikiFX Alert: Newly Added List Of Unregulated Brokers Tagged As "Unauthorized" By FCA

Jan 16, 2023 - FCA releases a batch list on Friday about unauthorized firms, to protect the public from investing in the said firms and avoid being get scammed.

WikiFX
2023-01-16 11:40
WikiFX Alert: Newly Added List Of Unregulated Brokers Tagged As "Unauthorized" By FCA
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User comment

3

Comments

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FX1450513582
more than one year
GateBits was a total letdown. I tried trading with them for less than two weeks, and it was a disaster from the start. They promised low spreads, but the oil spread was over a hundred freakin' points! That's just ridiculous. I mean, who in their right mind would trade with that kind of spread? I was seriously considering quitting trading altogether because of how bad it was.
GateBits was a total letdown. I tried trading with them for less than two weeks, and it was a disaster from the start. They promised low spreads, but the oil spread was over a hundred freakin' points! That's just ridiculous. I mean, who in their right mind would trade with that kind of spread? I was seriously considering quitting trading altogether because of how bad it was.
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2023-03-28 09:41
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Nghĩ Nguyễn
more than one year
I deposited to test the platform, support and reliability and it worked fine. And then I asked for withdrawal in the same way I did the deposit, they refused my request without any reasonable explanations...
I deposited to test the platform, support and reliability and it worked fine. And then I asked for withdrawal in the same way I did the deposit, they refused my request without any reasonable explanations...
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2023-02-28 17:55
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