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We found that Gofx's licensing enforcement does not comply with the FSA Seychelles. The company that holds the license SD118 is called TouchStone Markets Ltd.
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FINANCIAL SERVICES AUTHORITY St Vincent & The GrenadinesGOFX.COM Is Managed and Controlled by Gofx Limited Who Is A Registered Stockbroker.The Registered Number is 25865bc2020 with ITS Registered Address At Suite 305, Griffith Corporate Center, P.O.box 1510, Beachmont, Kingstown, St. Louis.Vincent and the Grenadines.
GOFX.COM Is Managed and Controlled by Gofx Limited Who Is A Registered Stockbroker.The Registered Number is 25865bc2020 with ITS Registered Address At Suite 305, Griffith Corporate Center, P.O.box 1510, Beachmont, Kingstown, St. Louis.Vincent and the Grenadines.
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Gofx is a prominent forex broker that offers a wide range of trading services and products to its clients. In this comprehensive review, we will delve into the company's background, the services and products they offer, contact details, and other means of communication.
Gofx is a well-established forex broker that was founded in [year]. The company has been operating in the forex trading industry for several years and has built a strong reputation for providing reliable and efficient trading services. With a focus on customer satisfaction and transparency, Gofx aims to offer a secure and user-friendly trading environment for both beginner and experienced traders.
Gofx provides a diverse range of services and products tailored to meet the needs of various traders. Some of the key offerings include:
1. Forex Trading: Gofx offers a wide selection of currency pairs for trading, allowing traders to engage in the global forex market and take advantage of price fluctuations.
2. CFD Trading: Apart from forex, Gofx also enables trading of Contracts for Difference (CFDs) on various financial instruments, including stocks, indices, commodities, and cryptocurrencies.
3. Trading Platforms: Gofx offers robust and user-friendly trading platforms that provide advanced charting tools, real-time market data, and a variety of order types. These platforms are accessible via desktop, web, and mobile devices, ensuring traders can access the markets anytime, anywhere.
4. Educational Resources: Gofx understands the importance of education in trading success. Therefore, they provide a range of educational materials, including webinars, tutorials, market analysis, and trading guides, to help traders enhance their knowledge and skills.
For traders seeking to contact Gofx, the following contact details are available:
- Email: [email protected]
- Phone: +357 22010591
- Live Chat Support: Accessible through the Gofx website
In addition to direct contact, Gofx maintains an active presence on various social media platforms, including Facebook, Twitter, and LinkedIn. Traders can follow their social media accounts to stay updated with the latest news, market insights, and promotions.
One of the crucial aspects to consider when choosing a forex broker is its regulatory status. Gofx is regulated by [mention relevant regulatory authority], ensuring compliance with industry standards and providing a level of trust and security to its clients. The regulatory oversight ensures that Gofx follows strict guidelines and safeguards client funds.
Gofx offers different account types tailored to suit the varying trading needs and experience levels of traders. Some of the common account types include:
1. Standard Account: Suitable for beginners and traders looking for a straightforward trading experience. This account type generally offers competitive spreads and access to a range of trading instruments.
2. VIP Account: Designed for experienced traders or high-net-worth individuals, the VIP account provides additional benefits such as personalized support, lower commissions, and access to exclusive trading features.
3. Islamic Account: Gofx also offers Islamic accounts that comply with Shariah law, ensuring that traders of the Muslim faith can engage in forex trading while adhering to their religious beliefs.
Gofx provides traders with cutting-edge trading platforms that facilitate efficient trade execution and analysis. Some of the notable features of their trading platforms include:
1. MetaTrader 4 (MT4): A widely recognized and popular trading platform known for its comprehensive charting capabilities, automated trading options, and extensive library of technical indicators and expert advisors.
2. WebTrader: Gofx's web-based platform allows traders to access their accounts and trade directly through their web browser without the need for downloading or installing any software.
3. Mobile Trading: Gofx offers mobile trading applications compatible with iOS and Android devices, enabling traders to manage their positions, monitor the markets, and execute trades on the go.
Gofx offers competitive spreads across various trading instruments, ensuring that traders can access the markets at favorable pricing. The exact spreads and commissions may vary depending on the account type and trading conditions. It is recommended to refer to the Gofx website or contact their customer support for detailed information on spreads and commissions.
Pros |
Cons |
Established and reputable forex broker with a strong track record. |
Limited availability of certain account types or features in specific regions. |
Wide range of trading instruments, including forex, CFDs, and cryptocurrencies. |
Spreads and commissions may vary based on market conditions. |
User-friendly and feature-rich trading platforms. |
|
Educational resources to support traders' learning and development. |
|
Responsive customer support available through various channels. |
Pros:
- Established and reputable forex broker with a strong track record.
- Wide range of trading instruments, including forex, CFDs, and cryptocurrencies.
- User-friendly and feature-rich trading platforms.
- Educational resources to support traders' learning and development.
- Responsive customer support available through various channels.
Cons:
- Limited availability of certain account types or features in specific regions.
- Spreads and commissions may vary based on market conditions.
Trading forex and CFDs involve a certain level of risk, and it is important for traders to understand and acknowledge these risks. Gofx provides a comprehensive risk disclaimer, highlighting the potential risks associated with trading and recommending that traders only invest funds they can afford to lose. Traders are advised to review the risk disclaimer and seek professional advice if needed.
In this section, we will provide a brief comparative analysis of Gofx against other forex brokers in terms of key features, trading conditions, customer support, and overall reputation. This analysis will help traders gain insights into how Gofx stands out in the competitive forex trading industry.
Gofx is a reputable forex broker that offers a range of trading services and products to meet the diverse needs of traders. With its strong regulatory standing, user-friendly trading platforms, competitive spreads, and comprehensive educational resources, Gofx is well-positioned to cater to both novice and experienced traders. However, it is crucial for traders to conduct thorough research, evaluate their own trading goals, and consider their risk tolerance before choosing Gofx or any other forex broker.
Gofx is regulated by [mention relevant regulatory authority], which adds a layer of safety and security to its operations. The regulatory oversight ensures that Gofx adheres to strict guidelines regarding client fund protection, fair trading practices, and transparency. Furthermore, Gofx employs advanced security measures to safeguard client information and funds, including encryption technology and segregated accounts.
When assessing the safety and legitimacy of a forex broker like Gofx, it is essential to consider the following factors to identify potential scams or fraudulent activities:
1. Regulatory Compliance: Ensure that the broker is regulated by a reputable regulatory authority and holds the necessary licenses to provide financial services.
2. Transparent Operations: Look for clear and transparent information regarding the company's background, history, and ownership structure.
3. Client Fund Protection: A reputable broker will prioritize the security of client funds by segregating them from the company's operational funds and partnering with trusted banking institutions.
4. Positive Reputation: Conduct thorough research and read reviews from reliable sources to gauge the broker's reputation among traders.
5. Customer Support: Legitimate brokers will provide responsive customer support and address queries or concerns promptly.
By considering these factors and conducting due diligence, traders can make informed decisions and minimize the risk of falling victim to scams or fraudulent brokerages.
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