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