Gate Securities (Cyprus) Ltd was previously licensed as Sheer Markets (Cyprus) Ltd (est. 2019) before crypto exchange Gate.io acquired it and rebranded the CySEC entity as Gate Securities, and it markets a comparatively unusual NDF/EMFX CFD product line alongside standard forex and CFDs.
| Regulated entity | Gate Securities (Cyprus) Ltd |
|---|---|
| Regulation | CySEC No. 395/20 |
| Other Tier-1 regulators | None confirmed |
| Founded | 2019 |
| Headquarters | Limassol, Cyprus |
| Minimum deposit | €200/$200 |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | MT4, MT5 |
| Instruments | CFDs on forex, EMFX (emerging-market currency pairs), NDFs, commodities, equities, indices and cryptocurrencies |
See Gate Securities's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Under its predecessor Sheer Markets branding (same CySEC licence), four tiers were reported -- Sheer Classic, Sheer Classic Plus (commission-free, wider spread), Sheer Prime, and Sheer Prime Plus (commission-based, raw spreads) -- plus demo and Islamic/swap-free accounts. It's not confirmed whether Gate Securities retained this exact structure after its very recent (around January 2026) rebrand under new (Gate.io crypto-exchange) ownership. |
|---|---|
| Execution model | Not explicitly confirmed -- no clear market-maker/STP/ECN disclosure was found for either the Sheer or Gate branding. |
| Withdrawals & deposits | The current Gate-branded service reportedly accepts Tether (USDT) as a deposit method, which is distinctive. Under the legacy Sheer Markets brand, deposits and withdrawals via card, bank wire, Neteller and Skrill were reported fee-free, but no confirmed fee schedule exists yet for the current Gate Securities entity. |
| Overnight financing (swap) | Not found beyond the legacy Sheer Markets brand's general Islamic swap-free availability. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | Not found. |
| Customer service | Not found specifically for Gate Securities (Cyprus) Ltd -- this is the broker with the thinnest coverage in this research round, given how recent its rebrand and change of ownership are. A separate domain with similar branding, with mixed reviews and claims about an unrelated platform, could not be confirmed as the same entity and is explicitly not attributed here. |
| Mobile experience | Not found. |
| Educational offering | Not found. |
See how Gate Securities's spread cost compares across every researched broker → · Forex broker fees explained
Is Gate Securities regulated?
Yes -- CySEC No. 395/20. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Gate Securities fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
What is the minimum deposit at Gate Securities?
Our research confirms a minimum deposit of €200/$200.
What trading platforms does Gate Securities offer?
Gate Securities offers MT4, MT5.
What is Gate Securities's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was Gate Securities founded?
Gate Securities was founded in 2019.
How is Gate Securities's overall score calculated?
Gate Securities currently scores 2.72/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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