Check out this London Gates review carefully to understand why we would not recommend this broker to trade with. In order to clarify doubts, here is an london-gates.com review.
What are their names?
When you look over their website, you will see that they are not under any regulatory agency. That is a MAJOR RED FLAG!! This should be enough to convince you to not invest in these companies. They also collaborate with sites that provide “Automated trading software” which is a red flag because these types of website is notoriously renowned for their scams.
This means that London Gates is just another unregulated forex broker. This means the clients aren’t covered and it is very likely that they’ll get away with your hard-earned money and there is no regulatory agency to hold them accountable.
What’s the procedure?
Most unregulated forex brokers operate by following a method. They call clients to convince them to make the initial deposit of minimum amount as they try every way to achieve this. They’ll offer offers that seem too promising to be true such as we’ll increase your deposit by a third or make you $100 per day in a matter of days. Beware of what they claim! It is a SCAM! Once you have made an initial payment, customers are referred to a better fraudster, known as”retention agent” “retention agent”, who is trying to extract more money from you.
Funds to withdraw
You must send an application for withdrawal ASAP as your money is not safe when you use a broker that is not regulated. Here is where things can get a little complicated.
If you are planning to withdraw your funds and it doesn’t matter whether you’re making money or not, they’ll delay the process of withdrawing for a period of time. If they wait for six months, you will not be able to submit chargebacks anymore, and the money will disappear for good. No matter how many times you keep them in mind or insist on withdrawing your funds, you’ll not be able to get it back. If you’ve had signed your signature to the Managed Account Agreement or MAA which basically allows them to do whatever they like with your account, they’ll forfeit all your funds, so there will be nothing to ask for.
How do you claim your money back?
If you’ve already put your money with them but they don’t want to return their money back to you. This is likely to occur, do not panic there could be one of the ways to recover your money.
The first thing you must do is to keep these emails to prove that you’ve requested the money back from them , but they do not give it to you, or delay the process for far too long with the intention to not pay back the money.
One of the first things you need to take is to perform an immediate chargeback! It is best to do it immediately! Contact your credit or bank provider and explain why you were duped into depositing with a trading firm which is not regulated, and they won’t give the money. This is the most straightforward method to recover your money and also the one that they suffer the most. Since if there are a lot of chargebacks, it could ruin their relationship with companies that provide payment services. If you’ve never attempted this before, or you’re not sure where to begin or how you can present your case to your credit or bank firm, we can help with the process of preparing your chargeback application. Just contact us at but do not let your broker know they you read this article or that you are in contact with us.
What are the wires?
If you have sent them wire, there’s no way to do chargebacks against wires. In this case, you have to escalate the dispute to a new degree. Let them know that you’ll take the matter to the authorities and lodge a complaint. It will cause them to reconsider the possibility of refund. Another option is to write an email to the regulating agencies. In the case of the country where you reside, look up Google to locate the regulatory agency that regulates Forex brokers in the country you live in. You can then write an email or letter detailing the way you were deceived by them. You must send this letter or email to them and inform them that you’ll submit it to the regulatory agency in the event that they fail to refund your money. If you do not know where to start, reach for us at and we will help you with this step as well.
Review London Gates and make sure you write reviews about London Gates in other sites
Another method of hurting them and protect others from becoming victims is to write negative reviews on other sites and write down the details of what happened. If you’ve suffered a loss, write a review and leave your feedback on this site at the bottom of the page in the comment section.
London Gates Review Conclusions
Conducting the London Gates review is actually our pleasure and we are hoping to prevent as many people as we can from losing their hard-earned money. The best advice is to thoroughly review every one of the Forex businesses, or any other business in general, prior to you make any purchase. Our hope is that this London Gates review has been beneficial to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at
If you are interested in trading, be sure to do it through a reliable, licensed broker by selecting any of these brokers below.
