Brokerage firms looking to pave the way in the online trading world are already launching web-based servers for these trading platforms. You see, despite being in the trading business for over seven years, I am still getting used to the sudden advent of online brokerage companies. These companies are designed to cater to a broader demographic as the online scene gives them accessibility.
How many people today would go all the way to the stock exchange to invest? Well, considering the type of traders in today’s market, I would beg to differ. The trading world is becoming more open which is allowing businesses to flourish and bringing the global together. But as they say, there can be no good without evil and this is exactly why despite the amazing range of online trading platforms in the market today, we still have reason to be sceptical.
The influx of online trading platforms has also brought with them a number of spam servers and these servers are designed to rob you of your identity and money. Identity theft is becoming increasingly prevalent owing to this reach of online platforms. This is exactly why you need a platform that is strictly regulated by an authorization body and gives you assurance with respect to its security protocols.
One such platform which has managed to grab the attention of a number of traders in the market including me is Golden-Gate. While many of you might be aware of the platform as it continues to gain momentum in today’s market, others might be a little out of the loop. Considering the number of platforms you have at your disposal, it is a tough choice to make indeed.
This is exactly why I am hoping my review helps you evaluate the conditions that this platform has to offer. Keeping that in mind, you will be able to make a well-calculated decision about whether or not this platform is the right one for your business or not.
How is this platform when it comes to pricing structure?
If you are a trader who has had previous experiences with trading platforms, you will know that they have variable pricing structures. From the entry prices during registration when you are opening an account to the commission and fees for different trading sessions, you need to be able to evaluate all such features. Usually, all this is listed in the terms and conditions, and you need to assess it for yourself if the conditions meet all your requirements.
Golden-Gate comes through in such a way that you don’t have to worry about any surprise deductions from your account. I know in my previous experience with an online broker, I found that they had a hidden pricing structure for the maintenance of the account. This can really trip your budget if you do not keep track of such policies while signing up. With Golden-Gate, I had the assurance that every deduction from my account will be authorized by me and there will be no hidden charges.
Beginners who are looking for reasonable pricing on their accounts should definitely put transparency as their foremost requirement. You do not want to end up in a debt right before you make a solid footing for yourself in the trading world. Golden-Gate has services designated for financial, tax and legal advisors, which can help you in making the right choice when it comes to monitoring your account payments.
Evaluating the proficiency of each feature
*with 1 being the lowest and 5 being the highest
What makes this platform a suitable choice for you?
Golden-Gate is optimized to provide quality features to its clients and this platform exhibits efficiency in all sectors. It doesn’t matter which level or type of trader you are, if you are looking for a reliable, dependable platform, this platform will definitely match up to all those expectations with its strict regulations. The administration of this platform makes it a point to provide a well-rounded service.
A trader looking to test out this platform’s operations can sign up for a Basic account with a minimum deposit balance requirement of €250. You can trade over 200 assets over the range of popular alternatives such as Commodities, Indices, Crypto, Forex and Stocks. Not only that, but you also get access to the market review which comes with a number of analytical tools. The way Golden-Gate manages to line up a diverse range of technologically advanced tools is commendable.
I would have preferred had they introduced a better-designed theme, however, this drawback can be easily ignored when you explore what all the platform had to offer. I personally keep security and customer service above all features when it comes to trading platforms. However, I realise that traders from around the world might have different criteria for selection. Golden-Gate server is designed to support only one language and that is English. This might be an inconvenience for traders used to other languages.
This is not the only place where the platform exhibits exclusivity. Golden-Gate does not accept traders from certain jurisdictions including the United States of America, so if you are looking to trade from these regions, you won’t be able to access this platform.
How dependable is this broker?
When it comes to credibility, Golden-Gate will never disappoint you for it has a solid legal framework that supports its guidelines for operations. Trading online has always come packed with a load of risks, but it is up to you to equip yourself with the right service features to safeguard you. You need policies that protect you from losing your entire invested capital and this is exactly what this platform aims to provide.
Loss and gain are part of the trading world, and Golden-Gate will never try to influence your decisions as the company does not hold liability in that account. However, it will equip you with the right resources to learn and excel in the field. The platform secures its services so you can navigate through them easily without fear of loss of data or money.
The education centre for example has lined up a diverse range of information resources. It is up to you to decide which one is most suitable for you and whether you are looking to read a book or go through the glossary. Either way, the option to choose your learning style is what I appreciate with this platform. I would have been able to take a lot more from it had they provided a feature for an upgrade as it seems like there is no way to refresh the listings. Once I went through all the books, I wanted there to be more. I am hoping Golden-Gate introduces newer books to its digital library or replaces old ones with new ones.
How efficient is the customer support service?
Coming to the most fundamental aspect of a service provider, and that is the support network. You cannot aim to excel in your operations if you do not communicate with your clients, and that is exactly why this broker has a solid network of service operators. These representatives of the platform are well-connected with the customers and this allows them to perceive their needs and requirements.
As a client myself, I was pleased to be a part of this community as the platform does not discourage any type of communication. It allows you to get in touch with its representatives through phone, live chat and email. You can email them at any time of the day however, the other methods of support services have designated timings. One thing that surprised me was how the platform has the phone and live chat services active during Sundays. While the physical stock market is of course not open during the weekends, the platform takes into account the international markets that have certain time zones.
You can connect with Golden-Gate representatives through phone support if you reside in Australia or the United Kingdom, otherwise, you will have to opt for the other methods.
The timings for phone support hours are:
Monday to Thursday: 04:00AM to 01:00AM GMT
Sunday: 16:30 to 1:00AM GMT
Friday: 04:00AM to 16:00 GMT
The timings for live chat support hours are:
Monday to Thursday: 04:00 AM– 01:00 AM GMT
Sunday: 16:30 – 01:00 AM GMT
Friday: 04:00 AM– 16:00 GMT
Golden-Gate has an expert team that will help you make the most of the opportunities at hand. I have been associated with this platform for a little over a year now and even though I did not start out as a beginner in the field, I still learnt a lot about the online trading scene owing to this platform and its optimized services. I was able to diversify my portfolio with its collection of Crypto, Indices, Commodities, Forex and Stocks.
Its custom-chart allowed me to keep track of my favoured stocks while also being able to calculate price movements which helped me make better deals. If you are looking to expand your profile, Golden-Gate is a platform you should consider.
Disclaimer: This review is written from my own experience and my self knowledge only and this is not a recommendation.