The company that operates this site positions itself as a “global brand” focused on client trading strategies. The intermediary claims that its team will help traders “achieve financial goals thanks to the years of forex experience of dedicated managers.” Meanwhile, the firm does not show its brokerage license or the address of its headquarters.
Should you open an account on this platform? Is it safe to trade here? We urge you not to jump to conclusions about the broker’s reliability, but first read our KingstonGates review.
How to Trade
Clients have access to CFDs on forex, commodities, cryptocurrencies, and other assets. The company has developed 6 tariff plans. Customers can trade on the following terms:
- Minimum deposit amount of 250 USD/GBP/EUR.
- Leverage from 1:100 to 1:300.
- Spreads from 0-1.5 pips.
You can get income up to 25% of your referral’s investment. However, the size of commissions and fees are not disclosed on the site.
E-books, Glossary, and Asset Index are presented on the trading platform. Tech support is available on 7/5.
KingstonGates Vital Info
The brokerage firm hides its term of activity. We saw only the date of approval of internal documents on the website – 13.02.2020. However, this conflicts with the domain’s lifetime, which was not registered until September 2024. Thus, at the time of our review, this project existed for a little more than 3 months. It is unlikely that the broker has acquired a solid reputation in such a short period.
Where is this company registered? The phone number of the British telecom operator is listed in the contacts. In addition, the Republic of Estonia is mentioned in the Bonus Policy approved on 2/13/2020. Finally, the Terms and Conditions state that this broker is allegedly registered in Saint Vincent and the Grenadines. Still, we did not find KingstonGates in the register of legal entities of this offshore jurisdiction. We also did not locate this brand in any country.
I invested $1,200 but did not check the company for legitimacy.. Now I'm suffering because I can't withdraw my money.
The manager will not pester you with intrusive help here if you don't need his services. He won't bother you with advice if you haven't asked him for it. However, he will help you as soon as you ask for that help. I would like to note that the platform works perfectly, without any hang-ups, I have no complaints with KINGSTONGATES. I really evaluate my chances and realize that I can both waste all my balance and close any deal with profit. Everything depends on me, and I cannot and will not blame others for my mistakes. All that is required from a broker is lightning-fast execution and smooth operation. KINGSTONGATES provides all of that perfectly. I also like the fact that all activities here are solely for the benefit of traders. If you are a beginner, here you will be taught everything, and provided with materials to successfully master all strategies. Everything works perfectly, the technical staff also does not let me down, for which I say a huge thank you to them. Everything is fine with my trading and profit withdrawal here. Despite the abundance of additional features, I still just trade and have fun at kingstongates.com. The managers also offer analytical tools and signals, although these services are available on the site. All of these are optional, at the discretion of the client. I didn't see anything wrong with KINGSTONGATES, except that the minimum deposit amount is quite high. The minimum threshold is high, it is 250 dollars, so there is no demo account for beginners. However, as I have already guessed, the company is banally focused on more or less wealthy clients, and not on everyone, that's why it has set such a limit on the initial deposit. I don't see anything negative in it.
I do not advise anyone to trade on this site. And the point is not that the team is trying to cheat users, but that there is no liquidity here. Bots draw a chart with one volume, but this is not backed by real liquidity, so there are huge shadows even from purchases of 500 euros. The number of trading pairs is small, there are no altcoins that interest me. In a week I burned 1,230 euros and in the end I have only drawdowns!!
I opened an account and started trading, but the terminal was working terribly. I thought the problem was that I was logging in from my phone. I switched to my laptop, logged in and saw all the same lags and freezes. You will see for yourself if you start trading with Kingstongates. I thought at first that the amount of minimum deposit, which is manageable even for a student, should please new traders. However, you can check out the reviews about this company and see that it has nothing to do with the stated minimum investment threshold. The managers will not let you trade at kingstongates.com for nothing, they will constantly insist that you fund your account not for the minimum amount, but at least for 1,000 dollars. Or better yet, 10,000. And as soon as you show your solvency and give in to the entreaties of Kingstongates employees, that's it, consider your money gone. They talked me into depositing $700 before I even started trading. Of course, I didn't make a profit. Not every experienced trader will want to invest such a sum in an unknown project for the first time. A beginner, even with all his desire, will not be able to do it.
I can withdraw money here easily - it's a matter of a moment. So it's no wonder that Kingstongates has such a good reputation among traders. If my friends hadn't recommended this resource, I would never have found it, because this site doesn't even show up on the first page of a search. It's great that in our time there are still such honest guys who can boast such a fast withdrawal of money. I am quite satisfied with the trading conditions. I have been trading for three months at kingstongates.com so far I have not noticed any irregularities with the broker. There is a transparent analytical system in place here and the managers work in our best interest by providing us with correct and up-to-date information. In the future, I will recommend this company to anyone who seeks advice in search of a competent forex broker. If you also register on this site, you will be convinced of my words. At the very least, you won't lose anything, the deposit here is not that big. Many companies ask for a much larger first deposit. I see no reason to refuse to cooperate with Kingstongates. The company has well established itself during its work, it has good potential. However, I am waiting for a long time for an answer from support to my questions. I have already called and written - always the same story, it takes several hours for a consultation.
I want to apply for withdrawal, but I can not do it in my cabinet. I have a balance in my account, I have money lying around but the system is giving me an error that I have no money in my balance and therefore cannot withdraw £3,620. What kind of nonsense is this? Is anyone aware of this? The silence of KINGSTONGATES tech support is causing even more problems. I have emailed several times but to no avail, no response. In a nutshell, my situation is as follows. Does anyone know what can be done in a situation like this? Is there an option to somehow get a refund or at least get a response from KINGSTONGATES?
So many lies on this site, it's a nightmare... KingstonGates says it gives its clients access to several types of markets at once. But this is also a lie. Agree, anyone can write anything on their own site. And even if it turns out to be untrue, these people are in no danger. Because their website is their rules. These scammers from KingstonGates cheated me out of £12,000 because I didn't know that this platform is very new and can't be trusted. And if other newbies believe their lies, they too will be scammed just like me.
Trading is fake, the market is artificial, there is nothing real here, SCAM... I deposited 270 euros here on the account and lost everything in 3 days... Only newbies like me can be fooled by such a blatant fraud...
Withdrawal is going well, the quotes make me happy, they correspond to the real state of affairs - what else does a trader need? I have been working with kingstongates for two months, I always withdraw money to my bank card, and the transactions always go through without the slightest delay. Among the many advantages, I also want to highlight a large selection of trading instruments for every taste for every category of traders, and I am also very satisfied with the speed of execution. Tech support quickly solves problems 👍 I always call or write to the consultants as soon as a question arises and I always get a competent answer. It's a pity that these guys don't pay attention to advertising at all. kingstongates is hard to find online. I wish they would evolve and show many pseudo brokers exactly how to work. I plan to continue trading with this broker. It suits me in that it is willing to help me with trading. I installed remote access software on the broker's recommendation - it's a great thing, especially for beginners! I managed to double my capital in a month and my trading is going well at kingstongates.com. It was a bit difficult to understand the functionality of the terminal, it seemed unusual to me. However, now I am getting into it.
My withdrawal request is not working and I cannot solve this problem. I have contacted experienced traders and they cannot tell me what to do. I think there is no point in contacting lawyers either, as most likely this is a regular fake company. That is, it is not even legally registered. I don't know why I contributed 4,2 thousand dollars here. It was my serious mistake! Don't repeat my mistakes.