GO4REX Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.go4rex.com/open-real-account/, the company's legitimate regulatory information SeychellesFSARetail Forex License, to enhance the security of the company's address Room B11, First Floor, Providence Complex, Providence Complex, Providence, Mahe, Seychelles.
GO4REX was registered in 2018 in Seychelles. On its platform, customers can explore the forex, stocks, commodities, and indices markets. Besides, it offers 4 types of accounts, and the leverage can be up to 1:400. However, it is offshore regulated in Seychelles, which means potential risks may exist.
Pros | Cons |
Diverse tradable assets | Offshore regulation risks |
Various account choices | No physical office |
Popular payment options | Wide spreads |
No MT4 or MT5 |
No, GO4REX is offshore regulated by the Seychelles Financial Services Authority (FSA). It should be noted that offshore regulation means potential risks may exist.
Regulated Authority | Current Status | Regulated Country | License Type | License No. |
The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Seychelles | Retail Forex License | SD023 |
WikiFX field survey team visited GO4REX's regulatory address in Seychelles, but we did not find its physical office.
GO4REX provides several types of products, including forex, stocks, commodities, and indices.
Tradable Instruments | Supported |
Forex | ✔ |
Stocks | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptos | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
GO4REX provides 4 types of accounts, including Classic Account, Silver Account, Gold Account, and VIP Account.
For the 4 types of accounts above, the leverage can be up to 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread | EUR/USD | GBP/USD | USD/JPY | Crude Oil |
Classic | 2.5 pips | 2.8 pips | 2.8 pips | 0.14 |
Silver | 2.0 pips | 2.1 pips | 2.2 pips | 0.12 |
Gold | 1.8 pips | 2.0 pips | 2.0 pips | 0.10 |
VIP | 1.3 pips | 1.5 pips | 1.5 pips | 0.05 |
GO4REX uses its own trading platform, and it does not support MT4 or MT5.
Trading Platform | Supported | Available Devices | Suitable for |
GO4REX | ✔ | PC, mobile | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
GO4REX supports several types of payment options, including MasterCard, VISA, Bitcoin, Bank Transfer, and COMODO. However, other details such as the processing time and fees are not clear.
FX4114714934
Mexico
I have been using the application for a while and when I want to withdraw my funds, it tells me that I don't have the verifications to do so. I try to contact them but they don't respond. I want to withdraw my funds and they don't allow me to. It was $600 USD, which in my country is $13,252 pesos, and they still don't let me withdraw. Can someone help me recover my funds, please?
Exposure
02-06
TAESGA
Chile
I signed up on the platform with a basic initial plan for $100 dollars, which they hold without movement until you send the signed documents. They call you 4 to 5 times a day to deposit, insistently asking you to deposit. They pressure you to schedule calls and emails, the purpose of the calls is to deposit an additional $150 dollars on top of the initial amount, since the initial account is worth $250,000 dollars. I explain to them that I will not deposit more money because I don't have any more money. Sebastian Burdos is my financial advisor, he generates a "BONUS of 150" voluntarily, which I did not request or agree to. He tells me that if there is no activity, the platform will charge its interest and I will not be able to access the benefits. I remain firm in my word - I HAVE NO MORE TO DEPOSIT. He gets upset and tells me that this is not for learning and that money, not losses, is generated here. I ask for advice and he tells me that he cannot give me investment advice. All communication is done via telephone.
Exposure
2024-12-31
FX2365701186
Mexico
Hello, I contacted them and initially I could deposit 100 dollars, then they kept asking me and I ended up depositing around 2500 dollars. They gave me information about gold and I accepted it. I earned about 3200 dollars during this time. They also opened another asset for me, either copper or bronze, and I earned about 8000 dollars from it. However, I cannot close this asset. The issue is that now I want to withdraw my profits and they are asking me to deposit an additional 52000 Mexican pesos. Can you help me?
Exposure
03-15