Summary:
Go4rex is an offshore broker registered in Seychelles in 2018, offering trading in forex, stocks, commodities, and indices. It provides up to 1:400 leverage and four types of accounts. However, the Go4rex review highlights serious concerns. The Chilean Financial Market Commission has issued a warning against Go4rex for operating without proper authorization. With a WikiFX score of just 1.54/10 and 67 recent complaints, the platform raises major red flags. Trustpilot also reflects mixed feedback with a 3.0 average. The go4rex.com warning emphasizes its offshore license (SD023) and lack of verified trading software—signs that suggest users should stay away.
Go4rex Review – Is Investing in Go4rex Safe?
Go4rex Broker might appear to be a promising investment platform, and you may have come across recommendations in emails, social media posts, forums, or chat groups. But the real question is – is Go4rex a trustworthy and regulated broker? Let’s uncover the truth.
Is Go4rex Broker Regulated?
Go4rex Broker is NOT a trusted or regulated broker. It does not hold a license from any top-tier financial authority, meaning it does not follow strict investor protection rules. We strongly advise against opening an account with Go4rex. If you want to stay safe, always trade with brokers regulated by reputed authorities such as FCA (UK), ASIC (Australia), or CySEC (Cyprus).
About Go4rex
Company Name – Go4rex
Website – http://www.go4rex.com/es/
Address – FXCapital Ltd “Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles”.
Regulatory Warning – Chile – Comisión para el Mercado Financiero (Financial Market Commission)
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Beware! These Scams Are on the Rise
There are different types of scams, and what is more, they have been unified to a very high level so that they target common people at varied venues. Here are common scams you should know about:
It’s possible to create fake profiles, phishing links, or other impersonation tactics aimed at stealing personal data, hacking your accounts, or persuading people to send money.
Scammers promise extremely high returns, and then disappear with the investment process; scams also come in phishing attacks, which target crypto wallets to steal digital assets.
Lure and entice a trader with talk evincing profit and their fantastic trades for unregulated forex brokers and open signal providers, only to manipulate the trades or close access to withdrawals.
These scams entail building a relationship around a victim through dating apps or social media to win the individual’s trust before asking for some funds.
Scammers do run scams on Instagram, Twitter, and TikTok for different purposes. They fabricate investment schemes, phishing links, and identity theft-based tactics.
How Scams Report Can Assist Victims Get Their Funds Back
If Go4rex Broker is scamming you then you are not alone. Contact us! Our expert team provides:
- Free Consultation: We analyze your case and advise on the best recovery strategy.
- Chargeback Services: If you paid through a credit card, we assist in initiating chargebacks to reclaim your funds.
- Crypto Recovery: We provide specialized crypto fraud recovery solutions for victims who lost money through digital assets.
- Legal Guidance: We connect you with trusted legal partners to escalate fraud cases.
About Scams Report
Scams Report is an authentic platform that offers financial fraud victims assistance in fund recovery services, legal guidance, and chargeback. We aim to help individuals recover lost funds and make informed financial decisions. With informative blogs that are regularly updated, we expose fraudulent brokers and investment scams; thus creating awareness and safety among traders worldwide.
We have continually monitored these emerging scam tactics on the internet to lure new traders. Over a decade of experience tracking activity from scams has given us a wide database of this dishonest company’s data. Our List of SCAM Brokers is solely for you to identify and avoid them in the market.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.