Go4rex Journal (Broker out of business)

Journal status: closed
Go4rex out of business
Go4rex Profile
Website
www.go4rex.com
Year
2019
Country
Seychelles
Branches
1
Regulation
FSA Seychelles
Registration
no
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Iran, Israel, Japan, North Korea, Turkey, US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

Go4rex Accounts
STP
Minimum Deposit
10000 $
Leverage
300 : 1
Minimum Lot
...
EURUSD spread
...
Commission
...
Volume
...
Margin Call
...
Stop Out
...
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
after 2 months
Update broker

Is Go4rex safe?

  • Investor protection: no
  • Regulation: FSA Seychelles
  • Registration: no
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Go4rex trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • Go4rex website: uninformative, updated ★★
  • Go4rex popularity (by visitor count): low visits ★★

How Go4rex works

The Company does not execute the Client Order in CFDs as principal to principal against the Client, i.e. the Company is not the Execution Venue (as defined in Commission Directive 2006/73/EC implementing MiFID) for the execution of the Client Order. The Company transmits Client Orders or arranges for their execution with a third party(ies) (i.e. Execution Venues).

https://www.go4rex.com/about-us/legal/order-execution-policy/

3.10. During the course of this Agreement in relation to all individual CFD trading the Company will receive the Client Orders and transmit them for execution to a third party (called the Liquidity Provider) who may in turn transmit the order to another party for execution. The Company will not be the counterparty in a CFD.

https://www.go4rex.com/about-us/legal/terms-and-conditions/



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