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GOFX -

No Regulation

Score

1.53 /10

Danger

GOFX

Item: GOFX
Rating: 1.53

Indonesia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://gofx.co.id

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Comparison

Quantity 2

Exposure

Open Account

Website

Score

Regulatory Index0.00

Business Index7.16

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account

Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard

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

Single Core

40G

open now

Broker Information

Company Name

GOFX

Company Abbreviation

GOFX

Platform registered country and region

Indonesia

Company website

http://gofx.co.id

https://twitter.com/icdxgroup?lang=en

Facebook

https://www.facebook.com/ICDXgroup/

https://www.linkedin.com/company/icdxgroup/

Company summary

Pyramid scheme complaint

Expose

GOFX · Company summary

GOFX Review Summary
Founded	2009
Registered Country/Region	Indonesia
Regulation	No Regulation
Market Instruments	Gold, Crude Oil, Forex, Palm Oil, Tin
Demo Account	✅
Leverage	Up to 1:66
Spread	0-40 pips
Trading Platforms	MT5, Cerebro ECN Matching Engine, EPACT-CD platform
Minimum Deposit	/
Customer Support	Phone: +62 21 4050 7788
	Address: Midpoint Place, 22nd Floor, K.H. Fachrudin Street No. 26, Tanah Abang, Central Jakarta
	Facebook, Instagram, LinkedIn, X

Established in 2009 and registered in Indonesia, GOFX is an unregulated financial brokerage offering trading access to various market instruments: Forex, Gold, Crude Oil, Palm Oil, and Tin. Moreover, it provides a demo account with diverse trading platforms: MT5, Cerebro ECN Matching Engine and EPACT-CD.

Pros and Cons

Pros	Cons
Demo accounts available	No regulation
Diverse trading products	Limited info on accounts
Multiple customer support channels	Limited info on trading fees
MT5 platform available

Is GOFX Legit?

At present, GOFX lacks valid regulation. Its domain was registered on Aug 20, 2009, and the current status is “client Transfer Prohibited, server Transfer Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

What Can I Trade on GOFX?

On GOFX, you can trade with Gold, Crude Oil, Forex, Palm Oil, and Tin.

Tradable Instruments	Supported
Forex	✔
Commodities (Gold, Crude Oil, Palm Oil, and Tin)	✔
Indices	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

The leverage ratio on GOFX is 1:66, and margins range from 1 - 2% of the contract value. 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.

Spreads and Commissions

Spreads on the platform are kept between 0 - 40 pips, and customers can influence spread size. Additionally, the GOFX Micro contract offers competitive overnight (swap) fees.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, iOS, Android	Experienced traders
Cerebro ECN Matching Engine	✔	/	/
EPACT-CD platform	✔	Web	/
MT4	❌	/	Beginners

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Warning: Low score, please stay away! 2

Previous Detection : 2026-01-19

This broker lacks valid forex regulation. Please be aware of the risk!

The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Exposure

2 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to Withdraw

Unable to withdraw

GOFX advertised that people here could trade without depositing. So I tried. But I couldn't witdhraw funds here

FX1206580902

2021-06-10 18:10

Unable to Withdraw

gofx trading scam

I trade at https://gofx11.com they promise profit and WD every day, for deposits to run smoothly after wanting WD you can't, they ask for 10% of the balance to be able to WD, after I pay 10% they ask for another 10% for account verification . this is crazy.

Irham878

2023-05-29 18:10

GOFX · Company summary

GOFX Review Summary
Founded	2009
Registered Country/Region	Indonesia
Regulation	No Regulation
Market Instruments	Gold, Crude Oil, Forex, Palm Oil, Tin
Demo Account	✅
Leverage	Up to 1:66
Spread	0-40 pips
Trading Platforms	MT5, Cerebro ECN Matching Engine, EPACT-CD platform
Minimum Deposit	/
Customer Support	Phone: +62 21 4050 7788
	Address: Midpoint Place, 22nd Floor, K.H. Fachrudin Street No. 26, Tanah Abang, Central Jakarta
	Facebook, Instagram, LinkedIn, X

Pros and Cons

Pros	Cons
Demo accounts available	No regulation
Diverse trading products	Limited info on accounts
Multiple customer support channels	Limited info on trading fees
MT5 platform available

Is GOFX Legit?

What Can I Trade on GOFX?

On GOFX, you can trade with Gold, Crude Oil, Forex, Palm Oil, and Tin.

Tradable Instruments	Supported
Forex	✔
Commodities (Gold, Crude Oil, Palm Oil, and Tin)	✔
Indices	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

Spreads and Commissions

Spreads on the platform are kept between 0 - 40 pips, and customers can influence spread size. Additionally, the GOFX Micro contract offers competitive overnight (swap) fees.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, iOS, Android	Experienced traders
Cerebro ECN Matching Engine	✔	/	/
EPACT-CD platform	✔	Web	/
MT4	❌	/	Beginners

User Reviews

User comment

Comments

Write a review

Za847

more than one year

โบรคเถื่อน แนะนำให้หลีกเลี่ยง เกิดเรื่องวันไหนมาไม่มีใครช่วยได้

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2023-12-19 12:01