Brokers  /  GO4REX

GO4REX

High riskForex / CFD broker
🇸🇨 Seychelles · 5-10 years · since 2019-10-28 · FX Capital Ltd
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot1.3/5
Forex Peace Army/5
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No sign that GO4REX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Seychelles (offshore, light oversight)
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~107% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2810%
Real-user sentiment908%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFX Capital Ltd
Headquarters🇸🇨 Seychelles
Founded2019-10-28
Years operating5-10 years
Employees0
Official websitego4rex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Room B11, First Floor, Providence Complex, Providence Complex, Providence, Mahe, Seychelles

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSADerivatives Trading License (EP)SD023SeychellesOffshore Regulation

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Gold1:400--1.8 EUR/USD 2.0 GBP/USD 2.0 USD/JPY 0.10 Crude oil--
VIP1:400--1.3 EUR/USD 1.5 GBP/USD 1.5 USD/JPY 0.05 Crude oil--
Silver1:400--2.0 EUR/USD 2.1 GBP/USD 2.2 USD/JPY 0.12 Crude oil--
Classic1:400--2.5 EUR/USD 2.8 GBP/USD 2.8 USD/JPY 0.14 Crude oil--

Review analysis AI

The overwhelming majority of real-user reviews paint a picture of a broker that aggressively pushes for deposits, blocks withdrawals through repeated fees, and fails to deliver on promised profits. With a Trustpilot score of 1.3/5 and 32 withdrawal-related complaints, the dominant signal is that Go4rex operates in a manner that users consider fraudulent. Concrete situations include accounts being locked unless more fees are paid, advisors manipulating trades, and investors losing their entire deposits.

Not for
  • Traders seeking reliable withdrawals
  • Beginners needing trustworthy guidance
  • Anyone wishing to avoid aggressive upselling
  • Investors looking for a regulated broker with real oversight
Period:
What users complain about
Where reviewers are from
Mexico12
Chile4
🇪🇸 ES2
Brazil2
Colombia2
🇺🇸 US1
Positive vs negative · last 6 months Pos Neg
Jul
May
Jun
Jul
Aug
Nov

Real user reviews

Where GO4REX operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇨🇾 Cyprus
🇨🇱 Chile 4 complaints
🇸🇨 Seychelles Licensed
🇧🇷 Brazil 2 complaints
🇨🇴 Colombia 1 complaint
🇲🇽 Mexico 8 complaints
🇵🇪 Peru 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

What GO4REX says about itself as stated by the broker · not independently verified by FXCanary

Company Background

Go4rex states that it was registered in Seychelles in 2018 and operates under the legal name FX Capital Ltd. The broker claims to offer a modern trading platform for global clients.

Account Offerings

According to the company, traders can choose from four account types — Classic, Silver, Gold, and VIP — each with different spread levels. The broker advertises a maximum leverage of 1:400 across all accounts.

Trading Instruments

Go4rex says it provides access to multiple markets including forex, stocks, commodities, and indices. The firm markets itself as a one-stop broker for diverse asset classes.

About GO4REX

Company Overview

Go4rex is the trading name of FX Capital Ltd, a company incorporated in Seychelles on 28 October 2019. The firm is registered at Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles. It presents itself as an online brokerage offering multi-asset trading to retail and institutional clients.

The company's public materials emphasise a straightforward account opening process and access to global financial markets. However, detailed information about its ownership, management team, or operational history beyond the Seychelles registration is not widely disclosed.

Regulation and Licensing

Go4rex holds a Derivatives Trading License (EP) from the Seychelles Financial Services Authority (FSA) with license number SD023. The Seychelles FSA is an offshore regulator that provides a license for companies to operate internationally but does not impose the same stringent oversight as major-tier regulators such as the FCA or CySEC.

Traders should be aware that offshore regulation typically offers limited investor protection, such as no access to compensation schemes or dispute resolution mechanisms outside Seychelles. The broker's regulatory status is therefore considered a risk factor by many industry observers.

Trading Instruments

According to the company's own description, Go4rex enables trading in four asset classes: forex, stocks, commodities, and indices. The specific instruments within each category are not detailed in the provided data, but the broker implies broad market coverage.

No information is available about the trading platforms offered (e.g., MetaTrader 4/5, cTrader, or proprietary software). The deposit and withdrawal methods are also not disclosed, which is a significant omission for prospective clients evaluating convenience and accessibility.

Account Types and Conditions

Go4rex offers four live account tiers: Classic, Silver, Gold, and VIP. The Classic account has the widest spreads, starting at 2.5 pips on EUR/USD, while the VIP account has the tightest, from 1.3 pips. All accounts share a maximum leverage of 1:400, which is high and can amplify both gains and losses.

The minimum deposit for each account type is not specified in the available data. Commissions are also not disclosed, leaving ambiguity about the total cost of trading. The table below summarises the spread ranges for major instruments across account types:

Target Market

The broker appears to target international retail traders, particularly those seeking high leverage and a multi-asset offering. However, without full disclosure of fees, platforms, and funding methods, it is difficult to assess suitability for any specific trader profile.

Given the offshore regulatory status and the absence of key operational details, Go4rex may appeal to traders comfortable with less oversight, but it carries inherent risks that must be carefully weighed.

Overview compiled by FXCanary from regulatory records and public data. full GO4REX review