Forex Brokers

GO4REX

GO4REX is a Seychelles registered financial services provider, established in 2018

GO4REX is a Seychelles registered financial services provider, established in 2018, offering more than 1000 investment products including foreign exchange, stocks, commodities, indices and cryptocurrencies to clients around the world. The dealer currently holds a retail foreign exchange license (license number: SD023) authorized by the Seychelles Financial Services Commission.

Security Analysis

GO4REX is currently not regulated by mainstream regulators and only holds a retail foreign exchange license from the Seychelles Financial Services Authority. The company promises to keep client funds completely separate from the company’s operating funds in segregated accounts at banks, but the company charges a service fee for withdrawals. In conclusion, investors should consider this platform in a comprehensive manner.

Main business

GO4REX provides investors with a range of popular financial trading products, mainly foreign exchange currency pairs, indices, stocks, commodities and cryptocurrencies.

Leverage & Account

In order to meet the trading needs and trading experience of different traders, GO4REX has set up five different types of accounts, namely basic account (minimum deposit of $250), bronze account (minimum deposit of $1000), silver account (minimum deposit of $1,000) $2,500), Gold Account (minimum deposit of $10,000), Platinum Account (minimum of $25,000). The maximum trading leverage is 1:200 for Basic Account, Bronze Account and Silver Account, 1:300 for Gold Account, and 1:400 for Platinum Account.

Spread & Commission Fees

GO4REX charges a fixed spread as a commission for all trading products offered. Forex main spreads: EURUSD is 4.5 pips, GBPUSD is 4.7 pips, USDCAD is 5.3 pips. The main spreads of commodities: The spread of spot gold is 2.1 points, that of spot silver is 0.04 points, and that of WTI crude oil is 0.12 points. Key spreads: 5 points for the Nasdaq Composite, 3 points for the S&P 500, and 18 points for the Hang Seng 50. Main spreads for cryptocurrencies: Bitcoin is 115, Litecoin is 2.4.

Trading Platform

GO4REX provides traders with GO4REX desktop trading platform and mobile trading platform. Combining simplicity and complexity, the GO4REX desktop trading platform gives traders access to more than 1000 global assets drawn from the global foreign exchange, stock and commodity markets and a range of major indices for trading, one-click order execution, real-time charts and real-time data show. The GO4REX iOS and Android platforms provide traders with the freedom and flexibility they need to trade effectively, allowing traders to trade freely anytime and anywhere.

Deposits

GO4REX supports a variety of flexible deposit and withdrawal methods, mainly online banking, wire transfer, credit card, NETELLER, Skrill, Bitcoin, etc. The minimum withdrawal amount is $100 for wire transfers and $50 for other methods, first-time withdrawals are free for traders on platinum accounts, and withdrawals from all other accounts are subject to a 3.5% service fee. The maximum service fee for a single withdrawal is $3500.

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