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ERAD Markets vs GatesFX

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick ERAD Markets leads on safety — winning 1 of 1 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
ERAD Markets Forex
56/100 risk
🇱🇨 Saint Lucia
Read review →
GatesFX Forex
75/100 risk
🇱🇨 Saint Lucia
Read review →
Safety & Trust
Scam-risk score lower = safer
56
75
Verdict
Elevated
Severe
Regulated
No
No
Licenses
0
0
Tier-1 regulators
0
0
Trustpilot score
4.2
Reviews collected
173
Exit risk lower = safer
Guarded
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$50
$10
Max leverage
1:1
1:1000
Min spread (best acct)
from 0
Commission
$1
$7
Cost grade
Account types
4
3
Best for
Suits
Traders comfortable with unregulated environments and seeking high leverage up to 1:400, Those who can meet the $1,000 minimum for the Pro account to access maximum leverage, Traders interested in a newly launched broker and willing to test its service with small capital (Micro account from $50)
Traders comfortable with high-risk, unregulated offshore brokers, Users seeking fast deposits and withdrawals, Those who want high leverage up to 1:1000 and bonus offers
Not for
Risk-averse traders requiring regulatory oversight and investor protection, Traders who need clarity on platform, instrument availability, and execution policies, Anyone depositing funds they cannot afford to lose in a high-risk, unregulated setting
Risk-averse traders requiring regulatory protection, Profitable traders who may face platform manipulation, Anyone needing transparent fee structures
Products & Funding
Instruments
--
FX, Metals, Indices, Energies, Crypto, US Stocks, EU Stocks, Futures
Deposit methods
--
--
Withdrawal
--
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2025-04-07
2025-02-28
Headquarters
🇱🇨 Saint Lucia
🇱🇨 Saint Lucia
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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