Score
GO4REX
https://www.go4rex.com
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Contact
Licensed Entity:FX Capital Ltd
License No. SD023
- WikiFX has received a total of 71 user complaints against this broker, please be aware of the risks and do not be scammed!
Account
- Environment--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit--
- Minimum Spread1.8 EUR/USD 2.0 GBP/USD 2.0 USD/JPY 0.10 Crude oil
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
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Website
- go4rex.com 88.198.109.53Server Location- Germany ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
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Company Summary
| 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.

Keywords
- 5-10 years
- Regulated in Seychelles
- Retail Forex License
- Suspicious Scope of Business
- High potential risk
- Offshore Regulated
News

Exposure Exposing GO4REX: Unveiling the Deceptive Practices of a Rogue Broker
In recent years, the rise of online trading has brought with it a proliferation of brokerage firms, promising lucrative returns and financial success. However, alongside legitimate platforms, there exists a shadowy underbelly of deceitful operators preying on unsuspecting investors. Among these, GO4REX stands out as a prime example of a broker tarnishing the industry's reputation with its fraudulent activities.
Wiki Q&A
How long does it take for a withdrawal to be processed by GO4REX?
GO4REX processes withdrawals relatively quickly, especially for Visa and MasterCard, which are usually handled instantly. Bank wire transfers take longer, typically 2-5 business days. As someone who values quick access to funds, I’d prefer using faster methods and check withdrawal processing times before using go4rex login to initiate any withdrawals.
What leverage does GO4REX offer?
GO4REX offers leverage up to 1:400, which is high and can increase both potential profits and losses. While high leverage can be tempting, I prefer using more conservative leverage levels to manage risks better. Before I use leverage on go4rex login, I would carefully consider my risk tolerance.
What is the spread of GO4REX?
The spreads at GO4REX vary depending on the account type. For instance, on the Classic Account, the EUR/USD spread starts at 2.5 pips, while it reduces to 1.3 pips for the VIP account. Personally, I think the spread for the Classic Account is a bit wide compared to what I get with other brokers, especially for more active traders.
What are the benefits of trading with GO4REX?
GO4REX offers a wide range of tradable assets, such as forex, stocks, commodities, and indices. Additionally, their account choices and leverage options (up to 1:400) provide flexibility for different types of traders. However, I am cautious about their offshore regulation, which might not provide the same level of security as other regulated brokers. Before logging into my go4rex login, I would ensure I understand all the risks involved.
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FX2159867032
Brazil
There are a number of human inconsistencies on this platform. There is no contact facilitation; support does not work; financial advisors focus on themselves rather than on clients; it is impossible to make withdrawals, as there is no facilitation for this. Brokers are not committed to customers, abandon them and disappear for a long time, reappearing later with a “clean slate,” and when a withdrawal is requested, they ignore the request and ask for more deposits. When pressed, they disappear again.
Exposure
LOLY5630
Mexico
Hello, I've been reading some comments or testimonials and believe me, if I had investigated this GO4REX broker more thoroughly, I wouldn't have invested a single cent. For those who are just starting and have already gotten into this, please, do not continue investing your money in the market through GO4REX, because they deceive people—in the end, they don't even return what you invested. Maybe some, like me, were experimenting to make some profit and pay off debts. Why, until now, has no one been able to do anything to shut down this fraudulent company? Why do these so-called advisors keep tricking anyone who falls into their traps? Can't they be put in jail? Now, how can I recover at least what I invested, which was $1200 USD? Can someone please guide me?
Exposure
FX3664682525
Mexico
I've been investing in Go4rex for 3 years, supposed to be for 6 months, I haven't recovered the invested capital, I need help to resolve this.
Exposure
FX3664682525
Mexico
I started investing with Go4rex in 2022 with the promise of an investment return plus earnings in a maximum of 6 months. To this day, I have not received my funds and require your help to resolve this situation.
Exposure
Olga Palacios
Colombia
I opened an account with Go4Rex in January 2021 and was assigned an advisor who continuously pushed for higher deposits, gave misleading investment advice, and manipulated my trading activity. Despite being a beginner, I was guided into high-risk positions and pressured to deposit funds under the pretext of recovering losses or unlocking bonuses. Repeated attempts to withdraw funds were met with conditions that required further deposits. When I refused, positions were closed without notice, bonuses were revoked, and communication became evasive. The final blow came when the platform was blocked, and all communication ceased. Go4Rex, operated by FX Capital Ltd in Seychelles, acted without regard for regulatory standards, interfered in my decision-making, and misled me repeatedly, causing a total loss of almost $60,000.
Exposure
FX2759797077
Chile
I've been with Go4rex for 3 years, and currently I'm trying to close my account and withdraw my money. They have charged me immense fees which I have paid until my funds ran out. If I can't pay more, they threaten to auction my account on the market, claiming there are markets pressuring them for this account. No one responds or refunds what you paid for a process that is not being completed. I have serious doubts about the authenticity of the costs they've charged me for stamps, VAT, currency conversion, among others, because they don't provide any receipts. Also, I've requested to just receive my capital to continue paying the fees for the withdrawal of the rest of the money, but this isn't possible either. They say it's all or nothing, that it can't be fractioned, which seems extremely odd to me. Based on all this, I can only think that it's a scam. Attached is the recent deposit receipt to the go4r platform. Please help!!!!!
Exposure
FX4207526923
Mexico
At first, everything seemed perfect. I started with a deposit of $100, then I was asked to increase it by another $125. I deposited an additional $100, but then to be able to withdraw my earnings, I was asked for another $200, bringing the total to $525. However, I only managed to withdraw $15 at first. I had to give $200 (around 4,000 Mexican pesos) just to be allowed to make an approved withdrawal of $21,000 that I had earned. But after making my $200 deposit and expecting my full withdrawal, I only received $40 (789 Mexican pesos). My advisor then informed me that due to market conditions, there was a negative $5,865. This, despite my supposedly approved balance of $12,865. Now I'm being told I need to deposit $1,200 just to release half of my return, requiring a 50% fee of $600. This feels like a massive, disgraceful rip-off.😡
Exposure
FX3041681606
Chile
I was scammed by Go4rex for $350 and I don't know what to do. Though it's not much, it's my savings. These are photos of the three times I deposited: the first for an entry of $100, the second for AI $100, and the third to withdraw money $150. Every day they asked me for more money to withdraw, but I didn't give them any more. Thanks for helping us.
Exposure
FX2524795535
Peru
You reach a point where you can't proceed further, there's no assistance like there was in the beginning, in clearer terms, it's a robbery.
Exposure
Jav53
Chile
HELLO THERE, I'D LIKE TO SHARE MY STORY ABOUT A PLATFORM CALLED GO4REX. THEY PROMISED HUGE RETURNS ON THEIR WEBSITE. I INVESTED OVER $30,000 WITH THEM AND WAS LED TO BELIEVE THAT I'D MADE OVER THREE TIMES MY INITIAL DEPOSIT. HOWEVER, WHEN I ATTEMPTED TO WITHDRAW MY EARNINGS, THEY STARTED TELLING ME I HAD TO DEPOSIT MORE MONEY TO ACCESS MY FUNDS. CLEARLY, IT WAS ALL A SCAM :( THEY MADE ME SUBMIT MY PERSONAL INFORMATION AND GAVE ME NOTHING IN RETURN... I NEED HELP RECOVERING MY MONEY, PLEASE. IF ANYONE COULD ASSIST ME, I'M BANKRUPT...
Exposure
FX2365701186
Mexico
Hello, I contacted them and initially I could deposit 100 dollars, then they kept asking me and I ended up depositing around 2500 dollars. They gave me information about gold and I accepted it. I earned about 3200 dollars during this time. They also opened another asset for me, either copper or bronze, and I earned about 8000 dollars from it. However, I cannot close this asset. The issue is that now I want to withdraw my profits and they are asking me to deposit an additional 52000 Mexican pesos. Can you help me?
Exposure
FX4114714934
Mexico
I have been using the application for a while and when I want to withdraw my funds, it tells me that I don't have the verifications to do so. I try to contact them but they don't respond. I want to withdraw my funds and they don't allow me to. It was $600 USD, which in my country is $13,252 pesos, and they still don't let me withdraw. Can someone help me recover my funds, please?
Exposure
TAESGA
Chile
I signed up on the platform with a basic initial plan for $100 dollars, which they hold without movement until you send the signed documents. They call you 4 to 5 times a day to deposit, insistently asking you to deposit. They pressure you to schedule calls and emails, the purpose of the calls is to deposit an additional $150 dollars on top of the initial amount, since the initial account is worth $250,000 dollars. I explain to them that I will not deposit more money because I don't have any more money. Sebastian Burdos is my financial advisor, he generates a "BONUS of 150" voluntarily, which I did not request or agree to. He tells me that if there is no activity, the platform will charge its interest and I will not be able to access the benefits. I remain firm in my word - I HAVE NO MORE TO DEPOSIT. He gets upset and tells me that this is not for learning and that money, not losses, is generated here. I ask for advice and he tells me that he cannot give me investment advice. All communication is done via telephone.
Exposure
FX3880585441
Brazil
DOES NOT RETURN MY MONEY, KEEPS ASKING FOR DEPOSITS, AND NOW ASKS FOR A DEPOSIT OF $5000.00 DOLLARS
Exposure
FX3878839552
Mexico
I invested over $3,000 USD in GO4REX. They made a payment of $50 USD to link my account so that my profits would arrive faster. Now, according to the girl Selena Tapia, who informed me that I needed to deposit $1,800 USD (for commissions and I made the deposit), my withdrawal was authorized. Later, a person named Juan Mendez called me and said that I needed to deposit an additional $3,000 USD in order to withdraw my investment and profits (apparently because the profits were high and my rank does not allow it). According to Selena Tapia, they are supporting me with $1,500, and if I don't make the deposit, I cannot withdraw any money. I am desperate. I am desperate and I need your support to find a way to recover my money (which is the result of my honest work). I am seeking support and looking for a way to prevent more people from falling into fraud.
Exposure
FX6181353652
Mexico
Hello, my name is Alexis Matamoros, I would like to know how I can withdraw my initial funds since I have only received negative responses from them. I have sent emails on November 4th, 8th, and 20th, but to date, I have not received any response. Similarly, when I finally manage to communicate with them by phone, they tell me that they will call me back, but I have not received any response to date. Initially, they were very insistent on calling me all the time to invest more resources, to which I did not agree. On the contrary, when I told them that I wanted to withdraw my funds, there was no response from them. In the application, I also cannot withdraw my funds because it asks me to upload some identification documents, which I have already uploaded. Now, every time I see my funds in the application, I have less and less, even though I haven't made any transactions because my account does not allow me to do so, supposedly because it has not been verified. Thank you very much in advance for your attention.
Exposure
FX2452833890
Mexico
First they call you and promise that your money will grow very fast, and after you make the first deposit of 100 dollars, they start asking for another 250 dollars or 4500 dollars to supposedly grow your investments quickly. But when you try to withdraw your money, it shows that there is an error and you cannot withdraw your money. Look, it even says that I can't even withdraw my money.
Exposure
FX7861361872
Colombia
They induce the client to increase deposits to increase profits, and then make immediate withdrawals. As a lure, they offer "credits or supports" to raise the account level. Then they start changing account managers, who in different ways lead to deception. In the end, when the funds are about to be released, they induce the client to deposit one last amount. After making that deposit, they no longer respond to messages or calls, and a few days later a new manager appears to set up the same scheme. In my case, I was scammed for over US$10,000.
Exposure
FX1578931921
Ecuador
Good afternoon. I need your help, please. I made a deposit of over 5000 dollars, and I cannot withdraw it. I called to have my capital returned, and they told me that I had to send an email. They told me what I have to put in that email, and it is this: I authorize the activation of the commercial social network service in my account... a tool that, when activated, opens and closes operations automatically. I sent this email and checked my account, but each time my funds are less. What should I do?
Exposure
Dreckyu
Cambodia
GO4REX has a decent selection of payment methods, but I'm not entirely sure about their commission structure. It's worth taking a closer look to see if it aligns with your trading needs and budget.
Neutral