Company profile
GO4REX Review SummaryFounded2018Registered Country/RegionSeychellesRegulationFSA (offshore)Market InstrumentsForex, stocks, commodities, indicesDemo Account/LeverageUp to 1:400EUR/USD Spread2.5 pips (Classic Account)2.0 pips (Silver Account)1.8 pips (Gold Account)1.3 pips (VIP Account)Trading PlatformGO4REXMin Deposit/Customer SupportContact formTel: +442038078564 (Reino Unido); +528339800456 (Mexico City); +5984054565 (Llamada gratuita); +576019174706 (Bogota); +5117073887 (Lima); +50321131757 (San Salvador); +56224053050 (Santiago)Email: Support@go4rex.comAddress: Room B11, First Floor, 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 and ConsPros Cons Diverse tradable assetsOffshore regulation risksVarious account choicesNo physical officePopular payment optionsWide spreadsNo MT4 or MT5Is GO4REX Legit? 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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.The Seychelles Financial Services Authority (FSA)Offshore RegulatedSeychellesRetail Forex LicenseSD023WikiFX Field Survey WikiFX field survey team visited GO4REX's regulatory address in Seychelles, but we did not find its physical office.What Can I Trade on GO4REX? GO4REX provides several types of products, including forex, stocks, commodities, and indices.Tradable Instruments Supported Forex✔Stocks✔Commodities✔Indices✔Cryptos❌Bonds❌Options❌ETFs❌Account Type GO4REX provides 4 types of accounts, including Classic Account, Silver Account, Gold Account, and VIP Account.Leverage 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.SpreadSpreadEUR/USD GBP/USD USD/JPY Crude Oil Classic2.5 pips2.8 pips2.8 pips0.14Silver2.0 pips2.1 pips2.2 pips0.12Gold1.8 pips2.0 pips2.0 pips0.10VIP1.3 pips1.5 pips1.5 pips0.05Trading Platform GO4REX uses its own trading platform, and it does not support MT4 or MT5.Trading PlatformSupported Available Devices Suitable forGO4REX✔PC, mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal 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.
FX4207526923
Mexico
At first, everything seemed perfect. I started with a deposit of $100, then I was asked to increase it by another $125. I deposited an additional $100, but then to be able to withdraw my earnings, I was asked for another $200, bringing the total to $525. However, I only managed to withdraw $15 at first. I had to give $200 (around 4,000 Mexican pesos) just to be allowed to make an approved withdrawal of $21,000 that I had earned. But after making my $200 deposit and expecting my full withdrawal, I only received $40 (789 Mexican pesos). My advisor then informed me that due to market conditions, there was a negative $5,865. This, despite my supposedly approved balance of $12,865. Now I'm being told I need to deposit $1,200 just to release half of my return, requiring a 50% fee of $600. This feels like a massive, disgraceful rip-off.😡
Exposure
2025-05-15