ANSWER GoldenGates is not a licensed or regulated broker even though it states offers that look good to be true. GoldenGates claims to be a reliable broker while presenting zero details of its regulations and only presents its company address is in the United Kingdom.As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to GoldenGates in FCA.More importantly, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that GoldenGates is not authorised to provide the investment services. You can check the full warning from here.The truth is, GoldenGates is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like GoldenGates and trade with licensed brokers.
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