Unauthorised Firm Details

Name: KingstonGates
Website: kingstongates.com

KingstonGates Review – Risky Broker or Scam?

KingstonGates claims to be a Forex/CFD broker offering multiple account types, user-friendly tools, and attractive spreads. It lists a minimum deposit of about $250 and promotes itself as serving both beginner and more advanced traders. Yet our investigation reveals a range of serious issues that suggest the platform is unsafe.

From the moment you try to register, things go wrong. The registration form seemingly accepts submissions, but after that nothing happens — logging in fails. This suggests that they only engage with potential customers who are ready to deposit, while keeping access blocked otherwise.

The user interface is weak. The homepage contains pale graphics, a confusing asset table, and reviews that appear to be fabricated. The “Tools” section is misnamed in places (e.g. “Investment Portfolio” listing trading platform), and key pages like About and Contact are poorly structured. These design flaws undermine trust.

Trading functionality appears inferior. The web terminal lacks features like one-click trading, multi-chart view, and a reliable session time — users report frequent disconnections, delays, and needing to reload data. For serious trading, this environment is unworkable.

Account tiers are structured to attract large deposits. While the lowest tier starts around $250, VIP accounts require much more. As deposit size goes up, advertised spreads narrow, but leverage increases significantly, escalating risk. What looks like better trading conditions may simply be a tactic to draw in unknowing traders.

KingstonGates provides almost no credible information about its legal registration. The Terms & Conditions mention law of Saint Vincent and the Grenadines, but checks of the official SVG listings show no company by this name. No registration records in the UK either, despite the presence of a UK-based phone number. That means no legitimate licensing, no regulatory oversight, and no real protection for clients.

Customer reports are strongly negative. Some say they lost funds after being encouraged to make large deposits, only to find their account blocked or support unresponsive. Others claim the trading platform is manipulated (trades are lost in ways that favor the broker). The pattern points toward a scam rather than a legitimate broker.

Bottom line: KingstonGates has too many red flags to be considered reliable. The combination of bogus reviews, malfunctioning registration, lack of licensing, and reports of withdrawal or access issues suggest this is a high-risk platform. If you use this broker, expect major risk to your capital.