I am going to be presenting a review on the Golden-Gate forex trading platform, and it will feature a quality assessment of the services that this trading platform seeks to provide its customers. My experience with this broker dates back to three years as of now, and I am hoping to be as unbiased as I can be in my detailed overview of this platform.
Golden-Gate has built a substantial place in the market by offering without commission trading through its platform. The way this platform has solidified its position is through its education centre and innovative trading tools that clients can use to their advantage. The market assessment that is provided by this platform stands out in its own right as the tools that have been optimized for CFD, Forex and stock trading are specialized for state-of-the-art trading experience.
Some of the preliminary assessments that you need to know before you consider opting for this platform are as follows:
Good Factors Bad Factors
|Golden-Gate has set itself to be a well-regulated broker with sound representation in the market.
The learning material that they provide encompasses information for all types of traders.
Client support service operates during market hours thereby, being available when needed.
The platform seeks to secure the investors that trust it.
|There is a limitation of language as there aren’t that many options that are provided by the platform.
Clients from certain jurisdictions will not be able to access the platform’s server.
The interface is not that interactive, and the platform needs to integrate more dynamic features in its display design.
The lack of certain payment methods such as PayPal can make transactions difficult for users.
How I Came Across This Forex Broker?
I realize that every trader today depicts different means and procedures of trading. While they may vary in their requirements for trading, there are certain highlights that each trader looks for. As a trader who has been looking for a reliable forex broker myself, I thought it best to enlist some of the features that are a must for me when it comes to choosing a forex broker and how Golden-Gate manages to fit among them all.
Credibility of the Broker–By understanding the legal framework that a brokerage binds itself to, allows me to trust online trading platforms. While not every broker matches up to the level of credibility that I seek, I found Golden-Gate’s transparency in this matter refreshing. They make sure that their clients have access to all legal documentation that ensures the safety and security of their assets and data alike.
Reasonable charges–As a trader who understands what it’s like to be starting out as a beginner, I relate with individuals seeking a low expense financier. While in the beginning, the understanding of pricings is limited, you certainly learn a lot with experience. This is exactly why you would not want to be spending too much on commissions and fees as the repercussion would be you making lesser profits. Most forex organisations count on these commissions and spread markups to build their revenue. However, in my experience with Golden-Gate, I was pleased to find no such hidden charges.
Platform features–The trading tools that a forex broker provides you with sets you up to make better deals. When I signed up to Golden-Gate, I found that everything that I require for an efficient trading venture was readily available. From the education centre to the means for exploration and tracking certain positions, you can enter trades from the get-go right after signing up and registering onto the Golden-Gate online trading server.
Efficient execution of trade–The thing about online trading platforms that needs to be taken into consideration the most is their server design. Any glitch in the software can cost the customer big money, which is why it is imperative that traders try out the framework of the platform for themselves before registering.
There have been times in my previous experiences with trading platforms when the server has crashed midway, as it could not take the load of traffic. This postponement of a couple of minutes can jeopardise the efficiency of your trade. So, I always make sure to select a platform that has instant execution and has design efficiency.
My trading experience of seven years has equipped me with substantial knowledge and skill when it comes to trading. This has definitely helped me determine the right kind of forex trading platforms for my trade requirements. Not only has this experience helped me adapt, but it has also helped me grow. I no longer throw money at securities without thinking. The strategic planning that goes behind trading decisions is something I take seriously and something traders today do not realise the importance of. Running after hot tips and making binary bets can win you one or two plays, but if you are in for the long run, you need to learn to hit big.
You will also realise soon enough that not every platform will match up to your expectations, which is enlisting and prioritizing your requirements is imperative. With Golden-Gate in particular, their lack of PayPal payment method was something that I learned to overlook, as they did offer other means of payment. On the other hand, their client service was always up to the mark except at certain times which can be due to the immense amount of traffic on the server.
Adaptability will get you a whole load of opportunities, but knowing how high to set the bar is up to you. Golden-Gate as a platform provides you with a service, and this service is designed to cater to you instead of influencing your decisions. This platform provides competitive spreads and ultra-fast order execution to its customers, which brings powerful trading at their fingertips.
Leverage to Level Up Your Trading Experience
Golden-Gate understands that the state of the market does not remain the same, which is why this globally directed forex agent takes matters into its own hands when it comes to optimizing trading accounts.
You need to be able to leverage a certain amount if you want to bid higher, which is having a variety of options come in handy. The way Golden-Gate aligns this characteristic on its server is by offering its customers competitive spreads along with an expandable range of leverage. You can select from the variety of options available and choose a suitable account type.
Golden-Gate takes into account the analytical tools that are required by traders to help relay the market’s plan for an asset. This not only helps them develop a strategy for their trade session, but also keeps a count of their momentary choices.
Trade Room Analysis- This certainly is a trend that stems from the open outcry stock exchange where traders operating on various financial markets come together. The fact this signifies credibility for trading in the world market, this front office of trading is an interesting feature that is incorporated by Golden-Gate.
Traders Trend- Knowing the significant trading patterns can help you assess your strategic plans for trading in the world market. Golden-Gate allows you to learn about these patterns based on trade data illustrated on the chart.
Trade Signals- Another interesting tool that can help you make predictions that can prove to be essential. The trading information that is provided in the snapshot structure in your chart regardless of the type that you have selected is an effective tool for better trading.
Account Representatives- As a trader, you are used to making trade reports that can help you depict data. However, you have more to gain by learning from the experience of others. This can also serve as your safety net, as you will be able to draw comparisons from both the market news itself and the platform’s own representatives. Golden-Gate has managed to build its credibility owing to its exceptional workforce of expert brokers. Their experience in the industry allows them to deal better with clients who are currently beginners in the world of trading.
News Alerts- Time is literally money in the world of trading, and this is exactly why staying up to date with the market news is just as essential for traders. Golden-Gate has optimized alert tools for its clients so they can keep track of the prices of assets as they go high and low and won’t have to compromise on making a bet owing to short time.
While these features are an essential part of Golden-Gate, the platform does have a lot more to offer that you can explore for yourself. My review would amount to simple conjuring if I went on and on about what all this platform has to offer. These features stood out to me as they are an important aspect of trading for me. Traders that have various other requirements might find other things worth the highlight.
I do think the broker has a long way to go when it comes to building a credible profile for itself. For example, it still lacks in certain fronts such as language selection and asset collections. They can do more to introduce more languages on their server and also keep their crypto collections up to date. The market continues to evolve and having a dependable platform at hand proves to be a boon indeed, and this is exactly why I have stuck around with Golden-Gate all this while. Its reliability is definitely the strongest play that it has to offer.