GOFX Review SummaryFounded1998-11-11Registered Country/RegionSeychellesRegulationOffshore regulatedMarket InstrumentsForex/Precious metals/Index/Stocks/EnergyDemo Account❌LeverageUp to 1:3000SpreadFrom 0.2 pipsTrading PlatformMT4/MT5(Windows/MAC/IOS/Android)Min Deposit$1Customer SupportPhone: +971 562382909GOFX Information TouchStone Markets Limited, a Securities Dealer, is a subsidiary of GOFX Group. The tradable instruments include forex, precious metals, indexes, stocks, and energy. The broker also provides five accounts with a maximum leverage of 1:3000. The minimum spread is from 0.2 pips. GOFX is risky due to its offshore regulated status, high leverage, and bad reviews about difficulty withdrawing money.Pros and ConsPros Cons Various tradable instrumentsOffshore regulated24/7 customer supportHigh max leverageMT4/MT5 availableSome negative commentsSpread from 0.2 pipsDemo account unavailableMT4/MT5 availableIs GOFX Legit? FSA regulates GOFX with license number SD118 and License Type Retail Forex License. However, the 'offshore regulated' current status is not as safe as the regulated one.What Can I Trade on GOFX? GOFX offers various market instruments, including CFD on forex, precious metals, indices, stocks, and energy.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Cryptocurrencies✔Precious Metals✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type GOFX has five account types: Go-mini, Go-standard, Go-low spread, Go-pro, and Go-inter. Traders who want low spreads and leverage can choose a Go-Pro account.Account Type Go-MiniGo-StandardGo-Low SpreadGo-ProGo-InterMinimum deposit$1$1$1$1$1LeverageUp to 1:500Up to 1:3000Up to 1:500Up to 1:100Up to 1:100Stop Out✔✔✔✔✔SpreadFrom 1 pipFrom 1 pipFrom 0.6 pipsFrom 0.2 pipsDepend on the marketOrder Quantity0.01-100 Lot0.01-50 Lot0.01-50 Lot0.01-50 LotStart at 1 LotGOFX Fees The spread is from 0.2 pips. The Go-Pro account commission requires $3.5/lot. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:3000 meaning that profits and losses are magnified 3000 times.Trading Platform GOFX cooperates with the authoritative MT4 and MT5 trading platforms, which are available in Windows, MAC, IOS, or Android. Junior traders prefer MT4 over MT5. While traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.Trading PlatformSupported Available Devices Suitable for MT4✔Windows/IOS/AndroidJunior tradersMT5✔Windows/MAC/IOS/AndroidExperienced tradersPromotions/Bonus Minimum deposit is $5. 30% bonus points on deposit amount, up to $100 for standard accounts only.