Do you want to start trading today? Golden-Gate, one of the most popular CFD trading platforms, I will be reviewing in detail. Get answers to the highlights and whether this broker is worth your time.
Golden-Gate is an online-based trading platform for brokers throughout the planet. Golden-Gate offers new traders the ability to trade with more than 200 CFD assets, including Forex, Crypto, Commodities, Stocks, and Indices. These assets can be traded on the site with an adjustable chart, fast execution, customer help backing, and current trading tools.
I began utilizing the platform a half year prior. I have been dazzled to discover the platform to be past my assumption. I chose to compose this to specifying all the inquiries the new traders may have while indulging in the world of trading.
Golden-Gate is the owner and operator of this website. I was a new trader when I came across this platform. Since the platform has wowed me and exceeded my expectations, I am sure that I will be using this platform for quite a while.
Golden-Gate as a Platform:
Golden-Gate provides a fantastic trading forum with innovative charts and valuable tools. There is a lot of educational materials available, as well as good customer service.
Traders can choose from five deposit options and additional features such as limits, permission to trade signals, and other tools. Some other key features include:
- Low and Clear valuing
- Simple store and withdrawal choices
- Over 250+ notable trading resources
- Educational material
- Analytical tools
When I learned more about how Golden-Gate operates and owns the site, I had the choice of believing it right away. When it comes to efficiency, the organization is entirely transparent, and it reassures clients that their safety is of the utmost importance. Before opening an account, traders are constantly advised to conduct all necessary research on the chosen broker.
Regardless, there are various favorable reviews to reassure potential brokers regarding their legitimacy when it comes to Golden-Gate. I haven’t felt misled in any way since I started using Golden-Gate. As a result of my positive experience, I will continue to use this trading site for my future endeavors.
Accessible Trading Platforms:
Golden-Gate does not use the well-known MetaTrader4 network, but traders can access the Golden-Gate Web Trader platform directly from the go-betweens’ program. I think new brokers simply need to sign into their accounts since the portal is electronic.
Upon my visit to the website, I noticed the trader does not need to download any products or apps to access the site. The platform is intuitively simple to use, but its utility of certain services is limited depending on which account type is selected. On my further exploration I found that the platform also has many tools and services to choose from, along with the chart customized to the brokers’ preferences with options available to them.
How Do Golden-Gate Functions?
As I would like to believe, new traders approach different types of trading tools, and this platform provides brokers with assistance in preparing for the market’s unusualness. It has been said that Golden-Gate operates at a high level and that the level of organization is also impressive. I found this platform sound and solid when assisting new clients with trade execution.
Their representatives are available online; while many advanced brokers prefer the MetaTrader4 platform, the program-based platform lacks this functionality. Indeed, in my opinion, more representatives should implement this option as an additional account feature. A special perk is included in specific account categories. Brokers will choose the account that best suits their abilities and experience.
The Golden-Gate Economic Calendar
Brokers can use an economic calendar to track the economy and events, including financial indicators and cash-related procedure decisions. The majority of these events are revealed or transmitted via an economic calendar. Golden-Gate makes their traders receptive to a Trading Central-constrained Economic Calendar. The date and time of the economic calendar are visible to traders. I recognize that this tool helps make sound trading decisions and can also be used for research and trading frameworks. The calendar can also be narrowed down to the advantages of the trader. Before entering this platform, I had never used a calendar. Since I now understand what it entails, I am sure that other new brokers will most likely take advantage of this.
Educational Tools:
Golden-Gate provides specialists with enlightening material and substance that can help new traders like me to make informed trading decisions by providing the knowledge and data needed. Instructional eBooks, accountings, and market analysis are all included in this portion of the website. Additional educational services are available at the following links:
- Market review: This is essential in-depth knowledge about the existing market that assists the traders in making decisions. Through my trading journey with this platform, I found this section to be very helpful.
- EBooks: All users have access to eBooks, which vary in difficulty from beginner to advanced users. I learned many of the procedures from the eBooks, but I know that advanced brokers don’t get as much in-depth training, so I believe the platform needs to incorporate more top-to-bottom content.
- Trading glossary: The trading glossary categorizes words from A to Z to assist traders in comprehending the market.
Trading Instruments:
Golden-Gate offers clients over 250 instruments for web-based trading from the going with asset classes:
- Commodities
- Stocks
- Forex
- Cryptocurrencies
- CFDs
Trading Accounts:
Traders will examine four distinct account types at Golden-Gate. This account combines Basic, Silver, Gold, and Platinum. On the Basic record, the initial deposit is $250. The overall picture is far less divergent from the different delegates, as you can see. The smaller the account size, the easier it is for another trader to start trading right away. I started with the Platinum record style because I knew a lot about trading and wanted to get as many trading highlights as possible under the circumstances. However, account types are better for new traders because they enable a less experienced broker to start with a smaller number of highlights and deposit cash without risking their account.
Here are the base stores required for each record:
- Basic: €250
- Silver: €10,000
- Gold: €25,000
- Platinum: €100,000
Key Features of a Professional Trader/Client Classification:
- Trade with more substantial leverage:
This advantage is most certainly the theory that accompanies a competent broker’s course of action. Users of this platform are approaching a high leverage position, implying that its clients will trade using various tradingframeworks by using less capital for more flexible money and risking the executives’ trading experience. Leverage also reduces the risk of more significant setbacks.
- Negative Balance Protection:
Traders are typically not allowed to disconnect a Professional Trader’s assets from their record, which means they may store them with a liquidity provider. If such liquidity providers quit, the assets could be lost.
I asked the platform representatives about this. They told me that at Golden-Gate, they separate all of their customers’ assets from their own personal accounts. They continue to provide negative balance protection for both new and professional traders, which protects clients from losing more than they have contributed.
Communication and Risk Disclosure:
Golden-Gate is fully transparent about trading risks, particularly in the volatile digital currency market. According to my knowledge, new brokers do not need to be concerned about hidden clauses or other surprises.
Customer care:
Golden-Gate traders have a dedicated team of customer service representatives. This community is responsible for maintaining the connection between its users and a representative. According to the trader, the client administration support team is highly competent, with a quick turnaround time. The customer service team assisted me with any questions or concerns I had when trading on the site. There is an online form on the site’s contact page; however, there is also a phone number and an email address.
Another way to contact the customer service support team is via live chat. I used the live chat for the first time because I was in a rush to get a solution; I didn’t expect them to respond quickly, and that’s how I assessed the platform’s customer service. They make sure that the clients’ questions are answered.
My Verdict
I realized I had made the right decision after reading several reviews and positive feedback online. After six months of using the platform and trading with them, I am confident that they are trustworthy. The cryptocurrency market shifts every day, so new traders need to do the necessary research to ensure they’re still making informed trading decisions.
I would endorse looking up positive client testimonials and feedback on the internet. Golden-Gate is one of the most diverse brokers since it provides a wide range of services. In any case, I think it better that potential traders take a closer look at the highlights of each account before deciding whether or not to excuse the trader.
Disclaimer: This review is written from my own experience and my self-knowledge only, and this is not a recommendation.