GO4REX-Some Important Points about This Broker
Zusammenfassung：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.
| GO4REX Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Seychelles |
| Regulation | FSA (offshore) |
| Market Instruments | Forex, stocks, commodities, indices |
| Demo Account | / |
| Leverage | Up to 1:400 |
| EUR/USD Spread | 2.5 pips (Classic Account) |
| 2.0 pips (Silver Account) | |
| 1.8 pips (Gold Account) | |
| 1.3 pips (VIP Account) | |
| Trading Platform | GO4REX |
| Min Deposit | / |
| Customer Support | Contact form |
| Tel: +442038078564 (Reino Unido); +528339800456 (Mexico City); +5984054565 (Llamada gratuita); +576019174706 (Bogota); +5117073887 (Lima); +50321131757 (San Salvador); +56224053050 (Santiago) | |
| Email: Support@go4rex.com | |
| Address: 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 Cons
| Pros | Cons |
| Diverse tradable assets | Offshore regulation risks |
| Various account choices | No physical office |
| Popular payment options | Wide spreads |
| No MT4 or MT5 |
Is 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 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
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.
Spread
| 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 |
Trading Platform
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 |
Deposit 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.
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