High Risk
Reported as a scam / unregulated
SF-703905registry entry
Why GatesFX is on the register
GatesFX claims to regulated by the International Financial Centre (IFC) of St. Lucia. While we confirm that a matching company, GatesFX Ltd., exists in the registry of St. Lucia IFC, it is important to note that this only means International Business Company (IBC) registration. It does not constitute a valid financial license. The St. Lucia IFC has clearly stated that it does not regulate or license forex brokers. Besides, GatesFX is unlicensed by any recognized financial authority. Therefore, GatesFX shows significant potential of being fraudulent operation.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.