GATEWAYCAPITALCG Review

About GATEWAYCAPITALCG

Gateway Capital CG is not regulated by any recognized financial authority. Its claim of registration under the Financial Services Authority of St. Vincent & the Grenadines (SVG FSA) with number 26398 BC 2021 cannot be verified in official SVG FSA records. The firm is not listed with the CSSF in Luxembourg either. ()

Multiple regulators have issued investor warnings: the UK’s Financial Conduct Authority (FCA) warns that Gateway Capital CG is not authorised to provide financial services in the UK and advises avoiding it. The FCA warning includes the address 29 Bd Grande‑Duchesse Charlotte, 1331 Belair, Luxembourg and the website gatewaycapitalcg.com. () The Spanish CNMV issued a warning on 25 September 2023 that the firm was providing services without authorization. () The Ontario Securities Commission (OSC) issued a warning on 2 January 2024 indicating the firm is not registered in Ontario, again listing the Luxembourg address. ()

Customer reports indicate that the broker operates with floating spreads, imposes withdrawal fees (reported as US $50 or €50), and engages in aggressive solicitation and refusal of withdrawals. There are allegations that promotional materials and withdrawal policies appear copied or reused from other fraudulent brokers, such as ProfitRise FX or WestPoint Pro Limited. ()

Pros and cons

Pros

• None: no verifiable regulation, transparency or legitimate documentation.

Cons

• Not regulated by any recognized authority (SVG FSA unverified; not registered with CSSF).
• Unauthorized in the UK (FCA warning), Spain (CNMV warning) and Ontario (OSC warning).
• Reports of refusal to process withdrawals and solicitation of additional payments for release of funds.
• Withdrawal policies appear to be copied from other fraudulent entities.