GODO Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-29 17:05

Abstract：　　GODO, is allegedly a forex and CFD broker registered in Mauritius that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0 pips on MT4, MT5, and cTrader, as well as a choice of six different account types and 24/7 customer support service. GODO does not offer its services to the residents of certain jurisdictions such as Afghanistan, Cote d’Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, and Yemen.

GODO Review Summary
Founded	2019
Registered Country/Region	Mauritius
Regulation	Offshore regulated by FSC
Market Instruments	3,000+, Forex, metals, indices, stocks, cryptocurrencies, futures, commodities (oil)
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.2 pips (Standard account)
Trading Platform	MT4, MT5, cTrader
Minimum Deposit	$10
Customer Support	24/7 support, Contact Form
	Email: cs@godocm.com
	Company Address: 12th Floor, Standard Chartered Tower, Bank Street, Cybercity, Ebene, 72201, Mauritius
	Social Media: Facebook, Twitter, YouTube, Instagram, Telegram, LinkedIn
Regional Restriction	Afghanistan, Cote d‘Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, Yemen

GODO Information

　　GODO, is allegedly a forex and CFD broker registered in Mauritius that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0 pips on MT4, MT5, and cTrader, as well as a choice of six different account types and 24/7 customer support service. GODO does not offer its services to the residents of certain jurisdictions such as Afghanistan, Cote d’Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, and Yemen.

Pros and Cons

Pros	Cons
Various market offerings	Offshore FSC regulated
Demo accounts available	Regional restrictions
MT4 and MT5 platforms
24/7 customer support
Low minimum deposit requirement

Is GODO Legit?

　　GODO is offshore regulated by the Financial Services Commission (FSC). However, offshore regulators may not offer the same level of protection as major regulatory bodies, which means trading activities on this platform still carry significant risks.

Regulated Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
	Financial Services Commission (FSC)	Offshore Regulated	GOTO LTD	Retail Forex License	GB20025812

What Can I Trade on GODO?

　　GODO claims to offer over 3,000 market instruments, covering forex, metals, indices, stocks, cryptocurrencies, futures, and commodities (oil). However, tradable assets vary based on the account class.

Trading Asset	Available
forex	✔
metals	✔
commodities	✔
indices	✔
stocks	✔
cryptocurrencies	✔
bonds	❌
options	❌
funds	❌
ETFs	❌

Account Type

　　With a low minimum deposit of $10, GODO offers a demo account and six types of live accounts: Standard, Pro, Zero, Copy Trading, Cents, and Yield.

Account Type	Standard	Pro	Zero	Copy Trading	Cents	Yield
Minimum Deposit	$100	$1,000	$3,000	$1,000	$10	$3,000
Spread	From 1.2 pips	From 0.7 pips	From 0.0 pips	From 1.2 pips		/
Commission	❌		$3.5	❌
Leverage	1:500				1:1000	/
Stop Out Level	30%		50%			/
Lot Size	0.01-100					/
Instruments	Forex, Metals, Oil, Indices & Shares		Forex, Metals	Forex, Metals, Oil, Indices	Forex	/

Leverage

　　GODO offers a leverage of up to 1:1000. Note that high leverage can amplify not only profits but also losses.

Fees

　　On this platform, the spreads for each account vary, with the minimum being 0 pips. GODO charges a commission of $3.5 for the Zero Account.

Account Type	Spread	Commission
Standard Account	From 1.2 pips	❌
Pro Account	From 0.7 pips	❌
Zero Account	From 0.0 pips	$3.5
Copy Trading Account	From 1.2 pips	❌
Cents Account	From 1.2 pips
Yield Account	/

Trading Platform

　　Traders on GODO get access to three popular trading platforms: cTrader, MT4, and MT5.

　　cTrader is a popular multi/asset trading platform, designed primarily for forex and CFD trading. It is known for its user/friendly interface, fast execution speed, and advanced charting tools.

　　MT4 is a powerful, easy/to/use platform ideal for both beginners and experienced traders in the forex and CFD markets.

　　Meanwhile, its successor, MT5, is more versatile than MT4; it is slightly more complex, which makes it a preferred choice for experienced traders or those looking for multi/asset trading capabilities.

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	Desktop, Mobile, Web	/
MT5	✔	Desktop, Mobile, Web	Experienced traders
MT4	✔	Desktop, Mobile, Web	Beginners