GOFX

WikiFX | 2025-01-26 23:56

Abstract：TouchStone Markets Limited, a Securities Dealer, is a subsidiary of GOFX Group. The tradable instruments include forex, precious metals, indexes, stocks, and energy. The broker also provides five accounts with a maximum leverage of 1:3000. The minimum spread is from 0.2 pips. GOFX is risky due to its offshore regulated status, high leverage, and bad reviews about difficulty withdrawing money.

GOFX Review Summary
Founded	1998-11-11
Registered Country/Region	Seychelles
Regulation	Offshore regulated
Market Instruments	Forex/Precious metals/Index/Stocks/Energy
Demo Account	❌
Leverage	Up to 1:3000
Spread	From 0.2 pips
Trading Platform	MT4/MT5(Windows/MAC/IOS/Android)
Min Deposit	$1
Customer Support	Phone: +971 562382909

GOFX Information

TouchStone Markets Limited, a Securities Dealer, is a subsidiary of GOFX Group. The tradable instruments include forex, precious metals, indexes, stocks, and energy. The broker also provides five accounts with a maximum leverage of 1:3000. The minimum spread is from 0.2 pips. GOFX is risky due to its offshore regulated status, high leverage, and bad reviews about difficulty withdrawing money.

Pros and Cons

Pros	Cons
Various tradable instruments	Offshore regulated
24/7 customer support	High max leverage
MT4/MT5 available	Some negative comments
Spread from 0.2 pips	Demo account unavailable
MT4/MT5 available

Is GOFX Legit?

FSA regulates GOFX with license number SD118 and License Type Retail Forex License. However, the 'offshore regulated' current status is not as safe as the regulated one.

What Can I Trade on GOFX?

GOFX offers various market instruments, including CFD on forex, precious metals, indices, stocks, and energy.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Precious Metals	✔
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

GOFX has five account types: Go-mini, Go-standard, Go-low spread, Go-pro, and Go-inter. Traders who want low spreads and leverage can choose a Go-Pro account.

Account Type	Go-Mini	Go-Standard	Go-Low Spread	Go-Pro	Go-Inter
Minimum deposit	$1	$1	$1	$1	$1
Leverage	Up to 1:500	Up to 1:3000	Up to 1:500	Up to 1:100	Up to 1:100
Stop Out	✔	✔	✔	✔	✔
Spread	From 1 pip	From 1 pip	From 0.6 pips	From 0.2 pips	Depend on the market
Order Quantity	0.01-100 Lot	0.01-50 Lot	0.01-50 Lot	0.01-50 Lot	Start at 1 Lot

GOFX Fees

The spread is from 0.2 pips. The Go-Pro account commission requires $3.5/lot. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:3000 meaning that profits and losses are magnified 3000 times.

Trading Platform

GOFX cooperates with the authoritative MT4 and MT5 trading platforms, which are available in Windows, MAC, IOS, or Android. Junior traders prefer MT4 over MT5. While traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Windows/IOS/Android	Junior traders
MT5	✔	Windows/MAC/IOS/Android	Experienced traders

Promotions/Bonus

Minimum deposit is $5. 30% bonus points on deposit amount, up to $100 for standard accounts only.

Forex trading Forex Broker

Related broker

Offshore Regulated

GOFX

Company name：GOFX LIMITED

Score

4.51

Website：https://www.gofx.com/en/

5-10 years | Regulated in Seychelles | Derivatives Trading License (EP) | MT5 Full License

Score

4.51

DTT VAN LTD Exposure: Examining Complaints Concerning Fund Scams & Account Suspension

Did DTT VAN LTD scam your deposits as well as profits earned on the platform? Did you fail to receive any positive response on the fund withholding by the Vanuatu-based forex broker? Was your trading account illegitimately blocked by the broker? You are not alone! Many traders have vehemently opposed the broker for its suspicious trading activities. In this DTT VAN LTD review article, we have shared some of the complaints. Read on!

Original 2026-03-10 20:58

Binolla Review: Withdrawal Problems, Account Blocks & Other Complaints

Did Binolla block your forex trading account after you placed a few trades on the platform? Did the Saint Vincent and the Grenadines-based broker freeze your account after you started earning profits? Have you faced withdrawal cancellations by the broker? Were you prompted to deposit, seeing the fake profits on the Binolla trading app? Several traders have highlighted these inefficiencies while sharing the Binolla review online. To make it more comprehensive, we have prepared an exposure guide for this broker. Read on!

Original 2026-03-10 18:57

traze Review 2026: Trading Conditions, Regulation & Real User Feedback

Are you an existing trader of traze, a UK-based forex broker, or are you planning to trade through its platform? You need to read this comprehensive traze review. The review covers extensive details regarding the most important aspect of trading - regulatory status. We will cover the different licenses the broker has. In addition, we will take you through a host of trading conditions the broker aims to offer. However, as any review is incomplete without user reports, we will also pay attention to the same. Read on as we examine the broker’s regulation, trading conditions, and real user experiences

Original 2026-03-10 18:20