Nava Gates (navagates.com) is a forex brokerage that has been in operation since 2014. The site lists the name of the company that owns it as Share Oracle Ltd.
Join us below as we take an in-depth look at the features navagates.com allegedly offers. The review covers aspects of its licensing, its account types, its leverages, its withdrawal, and deposit methods. Read through our review to see what we and other experts have to say about Nava Gates.
Table of Contents
Do You Know You Could Get Back Your Money If You Have Been Scammed? Great News! Click HERE to Get Started
Nava Gates Trading platform
Navagates.com claims that as a broker, they channelize best-in-class technologies and they market expertise to guide you to become a successful trader.
They offer traders the opportunity to trade Forex and CFDs on Commodities, Indices and Shares. They do this by supporting MT4 Trading platform.
Apart from their prices and leverages, they offer these features as reasons to choose them above the others
- Experienced & Reliable
- Transparent & Trustworthy
- Convenient & Comprehensive
A quick look at the domain registry shows that its website has been registered since 21st June 2014.
Nava Gates Account types
This broker has four account types.
Bronze
This has a spreads starting from 2.8 pips, a leverage of 1:100″and requires a minimum deposit of $250
Silver
This has a spreads starting from 2.5 pips, a leverage of 1:200″and requires a minimum deposit of $2000
Gold
This has a spreads starting from 1.5 pips, a leverage of 1:300″and requires a minimum deposit of $10,000
Platinum
This has a spreads starting from 0.1 pips, a leverage of 1:400″and requires a minimum deposit of $50,000
Nava Gates Deposit and Withdrawal Methods
In this section we will be discussing the methods of depositing and withdrawal that is used by this broker.
Nava gates support Visa and MasterCard, however, e-wallets such as web money, Skrill and Neteller are not available.
This broker claims not to have any withdrawal fees.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal
Is Nava Gates Licensed?
This site claims to be owned and operated by Share Oracle Ltd with registration number: 2020/IBC00012.
Nava gates failed to mention what body it was registered under. So in order to ascertain if this broker was licensed, we had to check several regulatory bodies. We checked the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others. At the end of our search we didn’t find any licensing information concerning Share Oracle Ltd.
So, no, this broker is not a licensed broker.
Trade with TOP RATED BROKERS Instead
Accounts
Free Trial
Projects
SSL
S
Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
TOP CHOICE BY TRADERS
Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:300
BEGINNER FRIENDLY
Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
Nava Gates doesn’t give an in-depth explanation of their strategy.
We couldn’t find paying customer reviews to gauge the rate of satisfaction in the product.
No verifiable trade results
Although the website looks professional but the points above still leave doubts in our minds and as such, we won’t be able to recommend this software to anyone.
Nava Gates and its clone Shift Holding, are subsidiary of Share Oracle Ltd. At P.O. Box 2290 in Roseau, Commonwealth of Dominica. These are all scammers and thieves. I was deceived by them, as well as hundreds or even thousands of other investors. Beware of these “brokers” like plague.