Score

4.17 /10
Average

GOFX

Saint Vincent and the Grenadines

5-10 years

Regulated in Seychelles

Derivatives Trading License (EP)

MT5 Full License

Regional Brokers

Medium Risk

Offshore Regulation

AA
C

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Comparison

Quantity 5

Exposure

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Website

Score

Regulatory Index4.83

Business Index7.15

Risk Management Index6.02

Software Index6.53

License Index4.04

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GOFX LIMITED

Company Abbreviation

GOFX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2026-08-29
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Verification

GOFX · Benchmark
Average transaction speed(ms)
550.7
The highest transaction speed(ms)
422 Poor
The highest speed of opening positions(ms)
500 Poor
The highest speed of closing position(ms)
422 Poor
The lowest speed of opening positions(ms)
657 Great
The lowest speed of closing position(ms)
1312 Good
Ranking: 40 / 113
Test user 145
Transactions 1,958
Ocuppied margin $1,033,772 USD
Data Source WikiFX Data provide
Updated: 2026-08-28 01:08:00
Pyramid scheme complaint
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GOFX · Company summary
GOFX Review Summary
Founded1998-11-11
Registered Country/RegionSeychelles
RegulationOffshore regulated
Market InstrumentsForex/Precious metals/Index/Stocks/Energy
Demo Account
LeverageUp to 1:3000
SpreadFrom 0.2 pips
Trading PlatformMT4/MT5(Windows/MAC/IOS/Android)
Min Deposit$1
Customer SupportPhone: +971 562382909

GOFX 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.

GOFX Information

Pros and Cons

Pros Cons
Various tradable instrumentsOffshore regulated
24/7 customer supportHigh max leverage
MT4/MT5 availableSome negative comments
Spread from 0.2 pipsDemo account unavailable
MT4/MT5 available

Is 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.

Is GOFX Legit?
Is GOFX Legit?

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
What Can I Trade on GOFX?

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-Inter
Minimum deposit$1$1$1$1$1
LeverageUp to 1:500Up to 1:3000Up to 1:500Up to 1:100Up to 1:100
Stop Out
SpreadFrom 1 pipFrom 1 pipFrom 0.6 pipsFrom 0.2 pipsDepend on the market
Order Quantity0.01-100 Lot0.01-50 Lot0.01-50 Lot0.01-50 LotStart at 1 Lot

GOFX 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
MT4Windows/IOS/AndroidJunior traders
MT5Windows/MAC/IOS/AndroidExperienced traders
Trading Platform
Trading Platform

Promotions/Bonus

Minimum deposit is $5. 30% bonus points on deposit amount, up to $100 for standard accounts only.

Promotions/Bonus

User Reviews

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User comment

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Comments

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FX2193719201
6-12months
กราฟค้างช่วงเวลาประมาณ7-8 น.มีอาการทุกวัน
กราฟค้างช่วงเวลาประมาณ7-8 น.มีอาการทุกวัน
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2025-09-08 13:06
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0
0
FX2000015930
more than one year
Hello everyone, I am Prince Kumar Singh. I have received $100 ndb bonus by GoFx as a new customer and completed 15 lots by holding each trade 15 min which is almost impossible to do in 30 day, Which i did trading day and night, after asked them to review and approve reward coupon of $100 as acc to t&c 15 lots in 30 calender days irrespective of any profit made or loss in xauusd pair only. This broker never intended to reward anybody just saying t&c violated as an excuse not to approve.Their cust service is very poor, never able to chat with them on website and even didnot reply on mail and also ignoring on messenger.
Hello everyone, I am Prince Kumar Singh. I have received $100 ndb bonus by GoFx as a new customer and completed 15 lots by holding each trade 15 min which is almost impossible to do in 30 day, Which i did trading day and night, after asked them to review and approve reward coupon of $100 as acc to t&c 15 lots in 30 calender days irrespective of any profit made or loss in xauusd pair only. This broker never intended to reward anybody just saying t&c violated as an excuse not to approve.Their cust service is very poor, never able to chat with them on website and even didnot reply on mail and also ignoring on messenger.
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+3
2024-07-20 05:18
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5