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GO4REX Forex Broker provides real users with * positive reviews, 2 neutral reviews and 64 exposure review!

GO4REX Broker Review

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GO4REX Review 66

Latest All(66) Neutral(2) Exposure(64)
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
Exposure
I can't withdraw my money from this platform.

I deposited 700 dollars now, then I received a call and they told me that I had to invest 4000 dollars, which I am not going to deposit since there is balance in my account, all I need is to withdraw what I've invested at least. Time passed and I did not have any response, after this, I requested the total cancellation of my account on this platform and they continue to call me to deposit more money that I don't have to complete some processes on the platform and I did not have any answers either. I don't get any answer. I send them emails, and ask them to call me but I don't have any response. Deposits were made through these means.

Jeff_110
2024-01-31
Exposure
I AM NOT ALLOWED WITHDRAWALS. BY UNVERIFIED ACCOUNT

Due to false news in which they said that the President of Ecuador was investing in digital platforms, looking for the address that the President supposedly managed, a go4rex advisor contacted me to start my investment. On January 5, 2024 I made the minimum deposit of $100; Then several advisors began calling me to teach me how the platform works and to pressure me to invest additional securities. After several attempts I agreed to invest $1,000.00 in two payments of $500.00 each. When I asked them that I did not have access to some functions they told me that the account was not verified and that someone would call me to verify it, as several days passed, I wrote to support @go4rex.com to verify my account and allow me to make a small withdrawal to make sure I can do so. They have not answered my email or called me. The deposits of $100.00 and the two deposits of $500.00 (Total 1,100.00) are reflected in the account with other additional values. The problem is that they do not verify my account, and therefore, they do not allow me to withdraw a single cent. I hope you can help me recover those funds. You will know how to tell me what steps I should follow. I attach the deposits made. Sincerely, José RamosQuito. Ecuador

Joakin
2024-01-13
Exposure
Problems with go4rex.com

They don't let me close positions that are making a profit and they don't let me make withdrawals... Help me, please, I need my money... First I was asked to deposit $1,540.00 as their requirement... And I'm scared to deposit and then lose everything. HELP ME, THANK YOU!

Edgard
2024-01-12
Exposure
They won't let me withdraw

I invested 100 dollars, then the manager called me, telling me that I could make investments and earn a lot of money, he told me to invest 1000 dollars in PEMEX, which I told him I only had 800 dollars, and he told me not to worry. that they would give me a bonus so that I could start working and generating money, I deposited 900 dollars on November 29, and then he told me that by making that investment, we would be working in five days with the first withdrawal and so on, Then, due to my work duties, he called me on several occasions to tell me to invest 5 million dollars in bitcoin or gold, but I told him no that he would expect me to go more slowly, several days passed and he called me about my account. I was already making a lot of profits, so I could make my first withdrawal and I said yes, but he told me that I had to give 2000 thousand dollars to pay the swap, which he explained to me was a tax that the market asks for, and if not I do it, I will lose both my investment and my profit, I told him that I only had 1000 dollars that I did not have the 2000 thousand dollars, to which he told me not to worry that he would ask his boss to give me the other 1000 so that I I could make my first withdrawal, I deposited the thousand dollars and he mentioned that he would work on my retirement, he called me again to mention that they did not authorize him the 1000 dollars that, since it is a tax, has to be paid by the investor who obtained them because why? They were going on vacation and I was not going to be able to make the withdrawal, I got the 1000 dollars and deposited them, and he told me that he was already working on my withdrawal and that the accounting people would call me to verify my bank account information to make the deposit. That day happened and they didn't call me until the next day. They called me to verify the information and the person who called me told me that the deposit couldn't be made that day because since it was Saturday the bank wasn't working, which would be until Tuesday. that Monday was a holiday, Tuesday arrived and they called me that since it was a holiday the day before, they couldn't make the deposit, and they would call me the next day, which they didn't call me, I called my manager and he didn't answer me that whole week. Afterward, I received a deposit of 100 dollars which was not the total amount agreed upon, and they deported me 7000 thousand dollars, I insisted on calling and he answered me and told me that he would contact the accounting department to see what had happened, Two days later she called me and told me that they had already made the deposit of what I had requested for the 100 dollars when it was 7000 thousand, and she mentioned to me that I want to make a larger withdrawal and I said yes and she mentioned to me I was going to work on it and I asked him how long it would take for the deposit to be ready and he told me that it took 2 to 3 hours because my account was already registered, 2, 3, 4 hours passed and that whole day without any results from the deposit. I was calling my manager and he didn't answer me, I looked for the accounting number and he answered me and told me that she was calling me because she had an investor on the line, but then I realized that when I entered My investment account of 8 thousand dollars in 1 minute raises the account to 11 thousand dollars, and well, it seemed strange to me because the profit doesn't increase like that all of a sudden, and so I left it, I didn't give it any importance, when she After three hours she calls me and tells me that I'm sorry for the delay but that I was already going to my withdrawal she tells me to wait in line and after 7 minutes of waiting she tells me that I won't be able to make the withdrawal because I have to make a deposit of 3000 thousand dollars to be able to make my withdrawal, because my account has had a profit of 150% and that I had to pay that profit to which I mention that I do not have that money and he tells me then well I'm done here and I'll return it his account to his manager so that he can explain to him, the manager called me an hour later to explain to me that my account had been upgraded to silver and that was why I had to pay those 3 thousand dollars, I told him that I did not have them and that I no longer I would deposit more money because he had told me on Friday, December 22 that I could now make a withdrawal of 7 thousand dollars, which they had not given me except 100 dollars and he told me that that time it was to register my account. bank, I told him that I would not deposit any more money and that I did not have him to resolve the first thing he had told me, he told me that he would meet with the accounting department to see what they were going to support me with but this has already been three days and no He calls me and doesn't even answer me. I send the deposits and my go4rex account. I hope I can recover my money of 2,800 dollars because they already deported me 100 dollars I want to get my money back, thank you.

Richy5949
2024-01-11
Exposure
I can't withdraw my money from this platform.

I deposited 100 dollars, then I received a call and they told me that I had to invest 1,000 dollars, which I did through a deposit. Time passed and I did not have any response, after this, I requested the total cancellation of my account on this platform. They called me and told me to deposit another 825 dollars to complete some processes on the platform and I did not have any answers either. They called me again and told me that I had to deposit 650 dollars to get all my money back. At the moment, I don't get any answer. I send them emails, and ask them to call me but I don't have any response. Deposits were made through these means.

Ore9649
2024-01-08

  

Go4rex 2025 Review: Everything You Need to Know

  Go4rex, a forex broker established in 2018, has garnered mixed reviews from users and experts alike. While some praise its user-friendly platform and diverse asset offerings, others raise concerns about its regulatory status and withdrawal difficulties. Key features highlighted include its AI-driven trading capabilities and the ability to trade various asset classes, including cryptocurrencies, forex, stocks, and CFDs.

  Note: It is crucial to be aware that Go4rex operates under an offshore regulatory framework, which may affect the safety of your investments. This review aims to provide a balanced perspective based on various sources to ensure fairness and accuracy.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service 5
Trading Experience 6
Trustworthiness 4
User Experience 6

  We assess brokers based on user feedback, expert opinions, and factual data to provide a comprehensive overview.

  

Broker Overview

  Founded in 2018, Go4rex is operated by FX Capital Ltd and is headquartered in Seychelles. The broker offers a web-based trading platform, as well as the popular MetaTrader 4 (MT4). It provides access to a range of trading instruments, including forex pairs, cryptocurrencies, stocks, and commodities. However, it lacks regulation from reputable authorities, which raises concerns about its reliability.

  

Detailed Breakdown

  •   Regulatory Regions: Go4rex is registered in Seychelles, a jurisdiction known for its lenient regulatory environment. This lack of robust oversight is a significant red flag for potential investors.

  •   Deposit/Withdrawal Currencies: The platform supports deposits and withdrawals in several currencies, including USD, EUR, and GBP. It also accepts cryptocurrencies, although the specifics of these transactions are not well-documented.

  •   Minimum Deposit: The minimum deposit required to start trading with Go4rex is $250, which is relatively standard in the industry.

  •   Bonuses/Promotions: There are limited promotions available, and some reviews suggest that the terms associated with bonuses may not be favorable for traders.

  •   Tradable Asset Classes: Go4rex allows trading in a diverse range of asset classes, including forex, stocks, cryptocurrencies, and commodities, providing traders with numerous opportunities for diversification.

  •   Costs (Spreads, Fees, Commissions): The broker offers fixed spreads, with average spreads reported around 0.6 pips for major currency pairs. However, some users have reported hidden fees, particularly related to withdrawal processes.

  •   Leverage: Go4rex offers competitive leverage options, reportedly up to 1:400, which can amplify both potential profits and losses.

  •   Allowed Trading Platforms: The primary trading platform offered is MetaTrader 4, alongside a proprietary web-based platform.

  •   Restricted Regions: While Go4rex is available in many countries, certain regions may face restrictions due to local regulations.

  •   Available Customer Service Languages: Customer support is available in English, Portuguese, and Spanish, though reviews indicate that response times can be slow.

      

  

Ratings Recap

Category Rating (out of 10) Comments
Account Conditions 6 Minimum deposit is standard, but limited promotions.
Tools and Resources 7 Offers a demo account and educational resources.
Customer Service 5 Mixed reviews on responsiveness and effectiveness.
Trading Experience 6 User-friendly interface, but withdrawal issues reported.
Trustworthiness 4 Offshore regulation raises concerns about safety.
User Experience 6 Generally positive, but negative feedback on withdrawals.

  

Detailed Analysis

  •   Account Conditions: Go4rex offers several account types, starting with a basic account requiring a minimum deposit of $250. However, the lack of clarity regarding bonuses and promotions may deter some traders.

  •   Tools and Resources: The platform provides a demo account for practice and educational resources, which are beneficial for both novice and experienced traders. However, the effectiveness of these resources varies according to user feedback.

  •   Customer Service: While customer support is available in multiple languages, many users have reported slow response times and difficulties in resolving issues, particularly regarding withdrawals.

  •   Trading Experience: The trading interface is generally user-friendly, making it accessible for beginners. However, users have expressed frustration with the withdrawal process, which can be slow and cumbersome.

  •   Trustworthiness: The lack of regulation from reputable authorities is a significant concern. Many reviews highlight potential issues with fund protection and withdrawal difficulties, suggesting that traders should exercise caution.

  •   User Experience: Overall user experiences are mixed, with some praising the platform's ease of use and diverse asset offerings, while others warn of potential withdrawal problems and lack of transparency.

  •   In conclusion, while Go4rex offers several appealing features, such as a diverse range of trading instruments and a user-friendly platform, its lack of regulation and reported withdrawal issues raise significant red flags. Potential traders should carefully consider these factors and conduct thorough research before investing.