Brokers  /  GODO

GODO

Moderate riskForex / CFD broker
🇲🇺 Mauritius · 5-10 years · since 2021-06-17 · GODO LTD
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GODO operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
39
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Mauritius (offshore, light oversight)
  • Withdrawal complaints in ~33% 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 & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment508%

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 nameGODO LTD
Headquarters🇲🇺 Mauritius
Founded2021-06-17
Years operating5-10 years
Employees0
Official websitegodofx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods6 · VISA, MASTER, Skrill, Neteller
Withdrawal methods · --
InstrumentsForexMetalsOilIndices & Shares
Registered address
12th Floor, Standard Chartered Tower, Bank Street , Cybercity, Ebene, 72201, Mauritius

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCSecurities Trading License (EP)GB20025812MauritiusRegulated

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
Copy Trading1:500 $1,000From 1.2 Zero
Cents1:1000$10From 1.2Zero
Zero1:500 $3000From 0.0$3.5
Professional1:500 $1,000From 0.7 Zero
Standard1:500$100From 1.2Zero

Review analysis AI

GODO presents a divided picture: while many users praise fast withdrawals, supportive account managers, and low spreads, a significant minority report blocked withdrawals, account terminations, and unresponsive support. With 43 withdrawal-related complaints and an FPA score of 1.129/5, the broker's reliability is heavily contested. Potential traders should weigh the positive experiences against the serious scam concerns and check regulatory coverage before committing funds.

Best for
  • Traders seeking high leverage (up to 1:1000 on Cents account)
  • Users who prefer multiple account types with zero commissions
  • Scalpers looking for low spreads on the Zero account
Not for
  • Risk-averse traders concerned about regulatory protection (only FSC Mauritius)
  • Those who value instant and guaranteed withdrawals
  • Traders from restricted jurisdictions (e.g., US, Iran, etc.)
Period:
What users complain about
What users praise
Where reviewers are from
🇦🇪 AE49
🇮🇳 IN11
IL8
🇬🇧 GB8
EG7
LB6
Positive vs negative · last 12 months Pos Neg
Feb
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Real user reviews

Where GODO operates

Active across 25 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.

🇪🇬 Egypt
🇺🇸 United States
🇮🇳 India 1 complaint
🇻🇳 Vietnam
🇹🇷 Turkey
🇦🇪 United Arab Emirates
🇳🇬 Nigeria
🇵🇰 Pakistan
🇩🇪 Germany
🇮🇹 Italy
🇪🇸 Spain
🇸🇦 Saudi Arabia
🇮🇱 Israel
🇮🇩 Indonesia
🇯🇴 Jordan
🇸🇬 Singapore
🇳🇱 Netherlands 1 complaint
🇧🇪 Belgium
🇲🇺 Mauritius Licensed

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

About GODO

According to the company, GODO LTD is a forex and CFD broker registered in Mauritius, offering trading in Forex, Metals, Oil, Indices, and Shares. The broker states it provides flexible leverage up to 1:1000 and variable spreads from 0 pips on MetaTrader 4, MetaTrader 5, and cTrader platforms, along with 24/7 customer support.

Account Types

GODO advertises six account types: Copy Trading (min deposit $1,000, leverage 1:500, spread from 1.2, zero commission), Cents (min $10, leverage 1:1000, spread from 1.2, zero commission), Zero (min $3,000, leverage 1:500, spread from 0.0, commission $3.5), Professional (min $1,000, leverage 1:500, spread from 0.7, zero commission), and Standard (min $100, leverage 1:500, spread from 1.2, zero commission). The broker claims the Cents account is ideal for beginners with low capital.

Funding and Withdrawals

The company states it accepts deposits via Visa, Mastercard, Skrill, and Neteller. Withdrawal methods are not disclosed on its website, but the broker asserts that withdrawals are processed quickly. It does not offer services to residents of certain jurisdictions including Afghanistan, Cuba, Iran, and the United States.

Regulation

GODO claims to be regulated by the Financial Services Commission (FSC) of Mauritius under a Securities Trading License (EP) with license number GB20025812. The broker states that this regulation ensures compliance with local financial standards.

About GODO

Company Overview

GODO is the trading name of GODO LTD, a forex and CFD broker incorporated in Mauritius in June 2021. The company is headquartered at 12th Floor, Standard Chartered Tower, Bank Street, Cybercity, Ebene, 72201, Mauritius. GODO offers online trading in Forex, Metals, Oil, Indices, and Shares, and aims to serve both retail and professional traders with a variety of account structures and high leverage options up to 1:1000.

Regulation and Licensing

GODO is regulated by the Financial Services Commission (FSC) of Mauritius under a Securities Trading License (EP) with license number GB20025812. The FSC is the financial regulatory authority for the Mauritius jurisdiction. While the broker is listed as a regulated entity, traders should note that the FSC is considered an offshore regulator with less stringent oversight compared to top-tier regulators such as the FCA or CySEC. The company does not accept clients from restricted jurisdictions including the United States, Iran, and Syria.

Account Types

GODO offers five main account types plus a Copy Trading account. The Cents account is designed for beginners with a minimum deposit of $10 and leverage up to 1:1000. The Standard account requires $100 minimum and offers leverage up to 1:500 with spreads from 1.2 pips and zero commission.

The Zero account targets active traders with spreads from 0.0 pips and a commission of $3.5 per lot, with a higher minimum deposit of $3,000. The Professional account is for experienced traders with a $1,000 minimum and leverage up to 1:500. Lastly, the Copy Trading account allows clients to replicate trades of other traders, with a $1,000 minimum deposit.

Trading Platforms and Instruments

GODO provides access to the industry-standard MetaTrader 4, MetaTrader 5, and cTrader platforms. These platforms are available as desktop, web, and mobile versions, offering advanced charting tools, automated trading capabilities, and fast execution. The broker's tradable instruments include over 60 forex pairs, spot metals (gold, silver), oil, indices (such as S&P 500, Dow Jones), and shares. The maximum leverage offered is 1:500 on most accounts, with up to 1:1000 on the Cents account.

Funding and Withdrawals

Deposits can be made via Visa, Mastercard, Skrill, and Neteller. The broker processes deposits instantly according to user reports. Withdrawal methods are not explicitly listed on the website, but the broker claims to process withdrawals efficiently. Traders should be aware that the company does not accept clients from certain countries, and account approval is subject to KYC documentation including identity and proof of address.

Customer Support and Education

GODO states that it offers 24/7 customer support via live chat, email, and phone. The company also assigns personal account managers to some clients. Educational resources are mentioned but not detailed in the provided data. The broker's mobile app is praised for ease of use, but the extent of educational materials is not disclosed.

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