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GO4REX Forex Broker provides real users with * positive reviews, 2 neutral reviews and 69 exposure review!

GO4REX Broker Review

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FSA Offshore Regulated

GO4REX Review 71

Latest All(71) Neutral(2) Exposure(69)
Exposure
Scam. You cannot withdraw and they ask for more money.

To start $100 then $150 and then to operate in the raw materials market they asked me for $500, my account showed profits of $2,000 when I spoke with the withdrawal advisor in HR I already had a "loss" and I had to deposit more money to be able to recover my investment and the profit.

FX5173343622
2024-04-29
Exposure
Scam. Unable to withdrawal.

Go4rex is a scam, they take advantage of someone who deposited 2,700 dollars and what happens when they tell me that I have to deposit 4,000 dollars more to be able to withdraw my capital. And that they cannot refund the money because they do not do it. But the investment entity said that they do not have access to my account. But they closed operations that I had open. Please help with this. I lent to be able to earn thinking that this platform would help me and it is not like that. I only want at least what I deposit.

FX2688240673
2024-04-25
Exposure
Scammed by Go4rex

They won't let me withdraw, they tell me that I have to deposit 4000 more and they gave me lies and I deposited 2700.

FX2688240673
2024-04-24
Exposure
I can't withdraw my money

I invested this Go4rex platform, as I started with little, but they asked me to invest more, and when I wanted to withdraw money that I had already earned they told me that I had to deposit more money for which I managed to invest 7290 USD, which is like $116,640 MXN, and you will continue asking me to deposit 6000 USD to be able to withdraw and I cannot withdraw the money, not even from the investment, I just want you to help me recover what I invested, I thank you for your help.

Rosen417
2024-04-21
Exposure
Inability to withdraw my funds and my investment

I do not have access to my investment fund as well as my guanacias that I generate.

FX7363826232
2024-04-10
Exposure
SCAMMED BY GO4REX

I HAVE BEEN SCAMMED BY THIS BROKER, AND THEY HARASS ME THAT I SHOULD PAY A CREDIT, AND THEY DO NOT WANT TO RETURN WHAT I INVESTED AND WHAT I SUPPOSEDLY GENERATED THAT WAS IN PROJECTION. THEY MANIPULATE THE VALUES TO BE ABLE TO BEST THE PERSON ACCORDING TO THE PROFIT WAS ALREADY AT $25,000. AND I INVESTED MORE THAN $7540

FX1061517126
2024-04-05
Exposure
They do not access the refund

I made the deposit on March 4th which I attached and they did not call me to verify the account, they told me that with 100 dollars I could start, but they asked me that they could not do the refund because I need to have 300 dollars deposited to be able to make movements and withdrawal, I ask for support to recover my investment.

Ricardo Gordillo
2024-03-18
Exposure
They do not allow withdrawals

They induce you into apparent profit transactions, charge you the SWAP, force you to increase deposits and then reject your withdrawal.

Carlitos7714
2024-03-01

  

go4rex 2025 Review: Everything You Need to Know

  

Executive Summary

  Our go4rex review shows a troubling picture of this forex broker. Potential investors need to pay serious attention to these findings. Based on user feedback and market analysis, go4rex shows major red flags that make it a high-risk trading platform.

  The broker advertises zero-commission trading and claims to offer over 1,000 trading assets across multiple markets. However, the negative user feedback tells a very different story. The platform operates under FSA Seychelles regulation and targets traders who want diverse investment opportunities.

  User reviews consistently rate the broker poorly. A shocking 68% of reviews on major platforms give it just 1 star. Many users call go4rex a potential scam website, citing problems with withdrawals, poor customer service, and bad trading conditions.

  The overall trust score is only 22 points across various review platforms. This falls far below industry standards for reliability and trustworthiness. Despite claims of offering forex, stocks, commodities, indices, and cryptocurrency trading with leverage up to 1:400, the negative user experiences greatly outweigh any advertised benefits.

  This review will examine all aspects of go4rex to help you make an informed decision. We'll show you whether this broker meets your trading needs.

  

Important Notice

  Regional Entity Differences: Multiple independent review platforms consistently rate go4rex as untrustworthy. They raise significant concerns about the broker's legitimacy. Investors across different regions report similar negative experiences, suggesting systemic issues rather than isolated problems.

  The broker's FSA Seychelles regulation is technically valid but offers limited investor protection. More robust regulatory frameworks provide much better protection. Review Methodology: This evaluation uses extensive user feedback from various review platforms, regulatory information, and publicly available data about the broker's services.

  We strive for objectivity, but this assessment may contain subjective elements based on user experiences and market observations. Potential investors should conduct their own research before making any trading decisions.

  

Rating Framework

Evaluation Criteria Score Rating Justification
Account Conditions 3/10 Zero commission structure lacks transparency in other fee areas; minimum deposit and spread information not clearly disclosed
Tools and Resources 6/10 Claims over 1,000 trading assets but lacks comprehensive market analysis and educational resources
Customer Service 2/10 Overwhelmingly negative user feedback regarding service quality and responsiveness
Trading Experience 4/10 Users report significant issues with slippage, requotes, and overall platform performance
Trust and Reliability 1/10 Extremely low user ratings with majority considering it a scam website
User Experience 2/10 Very low overall satisfaction with frequent negative feedback across multiple touchpoints

  

Broker Overview

  go4rex positions itself as a regulated online forex trading platform. It offers comprehensive market access to retail traders. The broker claims to provide a modern trading environment with advanced technology and competitive trading conditions.

  According to available information, go4rex operates as an online brokerage service that promises professional trading solutions. These solutions cover various asset classes including foreign exchange, stocks, commodities, and digital currencies. The platform markets itself toward traders seeking diverse investment opportunities with zero-commission trading structures.

  go4rex emphasizes its technological capabilities and claims to offer institutional-grade trading infrastructure accessible to retail clients. However, the stark contrast between marketing claims and user experiences raises significant concerns about the broker's actual service delivery and operational integrity. The broker operates under the supervision of the Financial Services Authority (FSA) in Seychelles.

  It offers trading across multiple asset categories including forex pairs, equity indices, commodities, and cryptocurrencies. go4rex provides access to its trading platform through desktop, mobile, and tablet applications, claiming to support modern trading needs across different devices. Despite these marketed features, user feedback suggests substantial gaps between advertised services and actual platform performance.

  This makes this go4rex review particularly relevant for potential investors.

  

Detailed Information

  Regulatory Status: go4rex operates under Financial Services Authority (FSA) Seychelles regulation. However, this regulatory framework provides limited investor protection compared to more stringent jurisdictions like FCA UK or CySEC Cyprus.

  Deposit and Withdrawal Methods: Specific information about payment methods, processing times, and associated fees was not detailed in available sources. This raises transparency concerns for potential clients. Minimum Deposit Requirements: The exact minimum deposit amount is not clearly specified in available documentation.

  This impacts transparency and makes it difficult for traders to plan their initial investments. Bonus and Promotional Offers: Available sources do not mention specific promotional offerings or bonus structures, suggesting either limited marketing incentives or poor communication of available benefits.

  Available Trading Assets: The broker claims to provide access to over 1,000 trading instruments across multiple asset classes. These include forex currency pairs, stock indices, commodities, and cryptocurrency markets, offering apparent diversification opportunities. Cost Structure: go4rex advertises zero-commission trading, but detailed information about spreads, overnight fees, and other potential charges remains unclear.

  This creates uncertainty about the true cost of trading. Leverage Options: Maximum leverage is advertised at 1:400, which is relatively high and may appeal to traders seeking increased market exposure, though this also significantly increases risk.

  Platform Options: The broker offers the go4rex proprietary trading platform with support for desktop, mobile, and tablet devices. It claims cross-platform compatibility for modern trading needs. Geographic Restrictions: Specific information about restricted countries or regions was not detailed in available sources.

  This may create uncertainty for international traders. Customer Support Languages: Available sources do not specify supported languages for customer service, potentially limiting accessibility for non-English speaking traders.

  This go4rex review highlights significant information gaps that potential clients should consider when evaluating the broker's transparency and suitability for their trading needs.

  

Detailed Rating Analysis

  

Account Conditions Analysis (Score: 3/10)

  The account conditions offered by go4rex present a mixed picture with significant transparency concerns. While the broker advertises zero-commission trading, which could be attractive to cost-conscious traders, the lack of clear information about other essential account features raises red flags. Available sources do not provide detailed information about different account types, their specific features, or the requirements for each tier.

  The minimum deposit requirement remains unclear. This makes it impossible for potential traders to properly plan their initial investment. This lack of transparency extends to the account opening process, which is not well-documented in available materials.

  User feedback suggests that the account setup experience may not meet industry standards. Some traders report difficulties during the registration and verification phases. Compared to established brokers in the industry, go4rex falls short in providing comprehensive account information.

  Most reputable brokers clearly outline their account structures, minimum deposits, and special features such as Islamic accounts or professional trading options. The absence of such detailed information in this go4rex review reflects poorly on the broker's commitment to transparency and customer service. The zero-commission structure, while potentially appealing, may be offset by wider spreads or hidden fees that are not clearly disclosed.

  Without complete fee transparency, traders cannot accurately assess the true cost of trading with go4rex. This makes it difficult to compare with other brokers in the market.

  

Tools and Resources Analysis (Score: 6/10)

  go4rex claims to offer access to over 1,000 trading assets. This represents a significant breadth of investment opportunities across multiple market sectors. This extensive asset selection could appeal to traders seeking diversification across forex, stocks, commodities, indices, and cryptocurrencies.

  However, the sheer number of available instruments does not necessarily translate to quality trading tools or comprehensive market resources. The platform appears to lack detailed market analysis resources, educational materials, and advanced trading tools that are standard offerings from reputable brokers. User feedback suggests that while the asset variety may be extensive, the quality of research and analytical support falls below industry expectations.

  Many successful traders rely heavily on market insights, economic calendars, and educational resources to make informed decisions. Available information does not mention specific trading tools such as advanced charting packages, algorithmic trading support, or third-party integrations that enhance the trading experience. The absence of detailed information about educational resources is particularly concerning.

  Trader education is a hallmark of legitimate, client-focused brokers. When compared to industry leaders, go4rex appears to prioritize quantity over quality in its tool offerings. While having access to numerous trading instruments can be beneficial, the lack of supporting resources and analytical tools may limit traders' ability to effectively utilize these opportunities.

  

Customer Service and Support Analysis (Score: 2/10)

  Customer service represents one of the most problematic areas for go4rex. Extensive user feedback across multiple review platforms confirms this issue. With 68% of users giving the broker a 1-star rating, customer service issues appear to be systemic rather than isolated incidents.

  Users consistently report poor response times, unhelpful support staff, and difficulty resolving account-related issues. The availability of customer service channels is not clearly documented in available sources. This itself indicates a lack of transparency about support options.

  Most reputable brokers prominently display their customer service contact methods, hours of operation, and response time commitments. The absence of such information raises concerns about go4rex's commitment to customer support. User testimonials frequently mention difficulties in reaching support representatives and receiving satisfactory resolutions to their concerns.

  Many complaints center around withdrawal issues, account verification problems, and general lack of responsiveness from the support team. These consistent patterns suggest fundamental deficiencies in the broker's customer service infrastructure. The lack of information about multilingual support capabilities may also limit accessibility for international traders.

  In today's global trading environment, comprehensive language support is essential for effective customer service. go4rex appears to fall short in this area.

  

Trading Experience Analysis (Score: 4/10)

  User feedback regarding the trading experience with go4rex reveals significant concerns about platform performance and execution quality. Multiple users report issues with slippage, where trades are executed at prices different from those requested. They also report problematic requoting during volatile market conditions.

  These execution issues can significantly impact trading profitability and create frustration for active traders. Platform stability appears to be another area of concern, with users reporting connectivity issues and system downtime during critical trading periods. In the fast-paced world of forex trading, platform reliability is crucial for successful trade execution and risk management.

  The reported stability problems suggest that go4rex may not have invested adequately in robust trading infrastructure. The proprietary go4rex platform is available across desktop, mobile, and tablet devices but seems to lack the sophisticated features and reliability that traders expect from modern trading platforms. User feedback indicates that the platform may not provide the smooth, intuitive experience necessary for effective trading.

  This is particularly true during high-volatility market conditions. Order execution quality is fundamental to any trading platform's success, and the consistent reports of slippage and requoting suggest that go4rex may not be providing the level of execution quality that serious traders require. This go4rex review indicates that the trading environment may not meet professional standards expected in the competitive forex brokerage industry.

  

Trust and Reliability Analysis (Score: 1/10)

  Trust and reliability represent the most concerning aspects of go4rex's operations. Overwhelming evidence suggests significant credibility issues. The broker's regulation under FSA Seychelles is technically valid but provides limited investor protection compared to more robust regulatory frameworks such as FCA UK or CySEC Cyprus.

  This regulatory choice may indicate an attempt to operate under less stringent oversight. The most alarming aspect is the consistent user feedback labeling go4rex as a potential scam website. With multiple independent review platforms showing extremely low ratings and numerous users reporting suspicious activities, the trust deficit is substantial.

  A 22-point overall score across review platforms indicates severe systemic issues that extend beyond typical customer service complaints. Information about fund safety measures, segregated accounts, and investor compensation schemes is not readily available. This is concerning for any financial services provider.

  Reputable brokers typically provide detailed information about how client funds are protected and what measures are in place to ensure financial security. The lack of transparency about company background, ownership structure, and operational history further undermines confidence in the broker's legitimacy. Most established brokers provide comprehensive information about their corporate structure, regulatory history, and key personnel to build trust with potential clients.

  

User Experience Analysis (Score: 2/10)

  Overall user satisfaction with go4rex is extremely poor. The overwhelming prevalence of negative reviews across multiple platforms proves this point. The user experience encompasses all touchpoints from initial registration through ongoing trading activities, and feedback suggests significant deficiencies across all areas.

  With 68% of users providing 1-star ratings, the level of dissatisfaction is remarkable even by industry standards. Common user complaints focus on difficulties with account verification, problems accessing funds, poor platform performance, and inadequate customer support. These issues collectively create a frustrating experience that drives users away from the platform.

  The consistency of negative feedback across different review platforms suggests that these are not isolated incidents. Rather, they indicate fundamental operational problems. The registration and verification process appears to be problematic, with users reporting delays and complications that prevent smooth onboarding.

  In the competitive brokerage industry, streamlined account opening is essential for user acquisition and retention. go4rex appears to fall significantly short in this critical area. Based on user feedback patterns, go4rex may be suitable only for traders with extremely high risk tolerance who are willing to accept significant operational uncertainties.

  For the vast majority of traders seeking reliable, transparent, and professional brokerage services, the user experience evidence suggests that go4rex would not meet their expectations or requirements.

  

Conclusion

  This comprehensive go4rex review reveals a broker that presents substantial risks and concerns for potential investors. While go4rex markets attractive features such as zero-commission trading and access to over 1,000 trading assets, the overwhelming negative user feedback and extremely low trust ratings suggest serious operational and reliability issues. These problems far outweigh any advertised benefits.

  The broker is not recommended for typical retail traders or anyone seeking a reliable, transparent trading environment. The consistent reports of poor customer service, execution problems, and potential fraudulent activities make go4rex unsuitable for most trading strategies and risk profiles. Only traders with extremely high risk tolerance and extensive experience in identifying and managing broker-related risks should consider this platform.

  The main advantages of zero commissions and diverse asset selection are significantly overshadowed by critical disadvantages. These include extremely low trust ratings, poor user satisfaction, inadequate customer support, and concerning execution quality. The regulatory framework under FSA Seychelles provides insufficient investor protection for the level of risk associated with this broker.

GO4REX review