Rating Index
Pros
Offers multiple account types to cater to different trading preferences and experience levels.
Provides a variety of promotions and bonuses, particularly for new customers in specific regions.
Utilizes the popular MetaTrader 4 platform, which is well-regarded for its advanced trading features and user-friendly interface.
Cons
Concerns about the credibility of its licensing, with warnings about compliance issues from regulatory bodies.
Lack of clarity regarding deposit and withdrawal details, including methods, fees, and minimum amounts.
No negative balance protection, which increases the risk for traders using high leverage options.
GOFX broker Accounts
GOFX Account Type
GOFX offers a variety of trading account types tailored to meet the needs of different traders. Each account type requires a minimum deposit of $1 and provides various trading conditions:
- GO Mini:
- Designed for new traders.
- Leverage: up to 1:500.
- Minimum trading volume: 0.01 lot.
- Maximum trading volume: 100 lots.
- Spread: at least 1 pip.
- GO Standard:
- A standard trading account with optimal conditions.
- Leverage: up to 1:3000.
- Minimum trading volume: 0.01 lot.
- Maximum trading volume: 50 lots.
- Spread: at least 1 pip.
- GO Low Spread:
- Low-cost trading account for short-term speculation.
- Leverage: up to 1:500.
- Minimum trading volume: 0.01 lot.
- Maximum trading volume: 50 lots.
- Spread: at least 0.6 pips.
- GO Pro:
- Professional trading account with fast execution via ECN technology.
- Leverage: up to 1:100.
- Minimum trading volume: 0.1 lot.
- Maximum trading volume: 50 lots.
- Initial commission: $3.5 per lot.
- Spread: at least 0.2 pips.
- GO Inter:
- For traders interested in foreign stocks.
- Leverage: up to 1:100.
- Minimum trading volume: 1 lot.
- Spread: depends on the market.
- Login: Access your membership page.
- Create a Real Account:
- Navigate to the menu and select Open an Account > Real Account or click + Open Account.
- Select Account Type:
- Set your account name and choose the desired account type and leverage.
- Open the Account:
- Your account will be displayed under My Account.
- View Account Details:
- Select Account Details to edit leverage and MT4 password.
- Receive MT4 Password:
- A password for trading will be sent to your registered email.
For more details, visit: GOFX Account Types
GOFX Broker Account Opening Process
To open a real account with GOFX, follow these steps:
For more information, visit: How to Open a Real Account
GOFX Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
GOFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .