✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company GO4REX is a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...
Below we will show you essential information about GO4REX and we will tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | go4rex.com |
| 🏠 Company* | FX Capital Ltd and Karjuk Ltd |
| ️ Regulatory | FSA (Seychelles) |
| [email protected] | |
| 📈 Leading | MT4 |
| 📌 Direction | Suite C, Orion Mall Palm Street, Victoria Mahe, Seychelles |
| 🕑 Website age | Website registered on: November 29, 2018 |
| ❓ Company type | CFD and forex broker |
Company: ⚠️ GO4REX is owned by FX Capital Ltd and Karjuk Ltd,
Location: GO4REX mentions being located in Seychelles, a tax haven, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company. We can already tell you that we are concerned about several characteristics of this company.
What is GO4REX?
After having carried out an analysis of the company's website, we can say that GO4REX is a: cfds and forex broker.
Account types
| Account type | Minimum initial deposit |
| Basic | $250 |
| Bronze | $1000 |
| Silver | $2500 |
| Gold | $10000 |
| Platinum | $25000 |
Information on the web
Here we show you a screenshot of the GO4REX website, which is Go4rex.com. The capture was made in SEPTEMBER 2022.
Contact: phone numbers and email
After having performed an analysis of the website:
– We have found the following phone numbers:
- Argentina, Buenos Aires +541152190320
- Chile, Santiago +56229381506
- Colombia, Bogota +5715086171
- El Salvador, San Salvador +50321131757
- Mexico, Mexico City +525541703865
- Panama + 5078337905
- Paraguay + 59598005410012
- Peru, Lima +5117063278
- United Kingdom +442038078564
- Uruguay + 5984054565
– We have found the following email: [email protected]
* GO4REX regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
This company mentions being regulated in Seychelles, this location is used since the regulation of this type of country is practically non-existent. It is almost the same as working with an unregulated broker. That is, if you work with a broker with this type of regulation, unfortunately you are 100% unprotected. Therefore, at the regulatory level, unfortunately GO4REX is a completely dangerous and very unsafe broker.
🚫 GO4REX Final Rating 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Go4rex and we have reached the following conclusions about this company:
Location: They mention being located in a VERY UNSAFE location
Regulatory: They mention being regulated by a very unserious and, above all, unsafe regulator, such as Seychelles. There is a clear lack of security at the regulatory level.
Please remember that the company has been reported by different financial regulators (in this case the Superintendence of Banks (Financial Regulator of Ecuador). Be EXTREME CAUTION.
Go4rex defines itself as a broker specialized in forex and CFDs based in Seychelles, a location that, in the financial context, often raises questions about the robustness of security and regulation. Despite ensuring their regulation by an entity in Seychelles, the general perception about the suitability and effectiveness of these regulators raises legitimate questions. Therefore, before making any commitment to Go4rex, it is imperative to undertake in-depth and exhaustive research to verify the authenticity of their location and the strength of the regulation under which they operate.
This thorough review should include a detailed analysis of the regulatory entity in Seychelles, assessing its track record and effectiveness in enforcing financial regulations. Additionally, it is essential to examine the opinions and experiences of other users who have previously interacted with Go4rex, as they provide valuable insight into reliability and transparency in financial operations. Transparency and security are paramount aspects of financial operations, making it essential to conduct rigorous research on location, regulation, and past user experiences. These steps are essential to making informed decisions and protecting financial interests effectively.
🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨
Updates
GO4REX News:
| Date | Update – news |
|---|---|
| June 2022 | Complaint against Go4rex from financial regulator: Superintendency of Banks (Financial Regulator of Ecuador). |
| August 2022 | We receive a large number of messages from Go4rex clients who claim that they cannot withdraw their capital. |
We note that the company already has complaints from financial regulators. Please be very careful!
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with GO4REX.
At the end of the review you will find customer comments.
How to Claim Money Scammed by GO4REX
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report GO4REX
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
Are there (recommended) alternatives to GO4REX?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report GO4REX?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is GO4REX reliable?
No. GO4REX is not reliable, it is a very unsafe company: it mentions being in a very unsafe location, Seychelles, a tax haven and regulated by an entity from the same place, which is something that shows a lot of financial insecurity. Their website, although fairly old, does not generate trust. BE VERY CAREFUL.
How to recover money from GO4REX?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
I WANT TO SEE IF YOU CAN HELP ME RECOVER THE MONEY THAT WAS STOLEN FROM ME ON GO4REX
Hello ANA, we have already recovered the money of many scammed people. If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY
Greetings.
In December 2023 I invested 100 USD initially, after a month they told me that in order to see benefits I had to deposit another 100 USD, when I already had a little profit they told me that I should invest 1000 USD more, and that I could use the benefits What the platform indicated, I did it and then they told me that I had to deposit 2500 USD in operating expenses, and that as soon as the deposit was made my balance of 14000 USD would be released, it was never true. At such insistence on my part, Juan Méndez channeled me to Carlos Peña from the accounting department to release the profits, and it was only to ask me for another 2000 USD. And so they lie to me, they tell me that these are the company's rules and that if I don't deposit they don't release anything. I went into debt to deposit what they asked for, they only robbed me and scammed me.
Hello Alma, many of our users have recovered their money, let them evaluate your case. They, unfortunately, never return the money they receive from their clients, you must recover it yourself through another means, they are a fraud, they create the profits artificially and then they ask you for a ransom for your own money, they create them and they will never give you your money back, even if you pay what they say, it is one more scam.
Thanks for commenting on Go4rex. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE WILL HELP YOU
Greetings.