Go Wize Forex Broker

Go Wize Markets Information Go Wize Markets is an unregulated online foreign exchange and commodities broker, which was launched in February 2024 offering its clients through cTrader, the easy-to-use trading platform with two types of accounts. Even though the platform has 24/7 customer service, there is no regulation and investors will bear many security risks.Pros and Cons ProsCons Easy-to-use platform of cTrader Lack of regulation Offers two account types High minimum deposit 24/7 customer service Limited information on non-trading feesIs Go Wize Markets Legit? Go Wize Markets has no supervisory authority to regulate it in its operation. Such absence of rules may put investors at a higher risk. The domain gowize. co was registered on 2024-02-22, and at the moment the owner of the domain has restricted it to transfer.What Can I Trade on Go Wize Markets? Go Wize Markets provides a platform where you can trade forex, indices, and commodities under institutional conditions. Tradable InstrumentsSupported Forex✔ Commodities✔ Indices✔ Cryptocurrency❌ Shares❌ Metals❌Account Type Go Wize Markets offers two types of accounts: Minimalist Plan and Mentalist Plan. Minimalist Plan is best suited for new clients that want to enter the FX markets with the lowest overheads, the greatest freedom of action, and simplicity of operation possible. Mentalist Plan is aimed at professional traders as it provides additional options and improved trading functionality for the best trading experience. Account TypeStarting DepositLeverageSpreadsCommission Minimalist Plan$200Up to 1:500From 0.30No commission Mentalist Plan$5,000Up to 1:500From 0.10Up to 3.5 USDGo Wize Markets Fees Go Wize Markets offers two account types: the Minimalist Plan with wider spreads and no commission, and the Mentalist Plan with tighter spreads but up to 3.5 USD in commission. You can choose the plan that aligns with your trading style and budget. FeatureMinimalist PlanMentalist Plan Maximum Leverage1:5001:500 SpreadsFrom 0.30From 0.10 CommissionNoneUp to 3.5 USDTrading Platform Trading PlatformSupportedAvailable DevicesSuitable for cTrader✔mobile, desktop, and webInvestors of all experience levels MT5❌mobile, desktop, and webInvestors of all experience levelsDeposit and Withdrawal Go Wize Markets charges a deposit with a minimum number for both accounts. The minimum deposit is $200 for the Minimalist Plan, and $5,000 for the Mentalist Plan. The two requirements are relatively high for many traders, especially beginners. Deposit OptionsMin. Deposit Minimalist Plan$200 Mentalist Plan$5,000Customer Service You can reach out to Go Wize Markets on 7/24 by email at support@gowize.co and by phone at +44 7534 345018. Contact OptionsDetails Phone+44 7534 345018 Emailsupport@gowize.co Support Ticket System❌ Online Chat✔ Social MediaFacebook, Instagram, Twitter, YouTube, etc Supported LanguageEnglish Website LanguageEnglish Physical AddressGround Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint LuciaThe Bottom Line Go Wize Markets includes a cTrader platform in forex, commodities, and indices trading. It provides an opportunity for starting traders with a minimum deposit of $200 and ending with an exclusive Mentalist Plan service for professional traders. Nevertheless, one of the downsides of this platform is that the lack of regulation is an essential security issue. It is therefore ideal for professional traders who can do profound examinations.FAQs Is Go Wize Markets good for beginners? No. Due to the lack of regulation and potential risks, Go Wize Markets is not suitable for beginners. Is Go Wize Markets good for day trading? The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading. Is it safe to trade with Go Wize Markets? Trading with Go Wize Markets carries significant risk due to the lack of regulatory oversight. Only invest in Go Wize Markets if you understand the risks.Risk Warning Online trading involves considerable risk, so it may not be suitable for every client. Please make sure to understand the risks involved and notice that the information above provided in this review may be subject to alteration.