Read our Go4Rex review and learn why we recommend this broker for online trading. Go4Rex is a great trading platform that offers features and services that suit traders from different backgrounds.
You have been looking for that perfect platform that not only meets your trading requirements but does not ask for a lot of money for you to sign up with it. It must offer you a balance between trading flexibilities and opportunities to grow. If that’s what you are looking for, you have come to the right place. I’ll tell you some good things in this Go4rex review. It is a reliable broker with good trading conditions, easy to use platform and great customer service.
Accounts and Trading Platforms
Go4rex offers multiple account types: a demo account, mobile trading app, web trading platform and the desktop version. The latter two are available for both Windows and MacOS.
You can choose from a variety of trading accounts so you can always pick one that suits your specific needs. These trading accounts are different from each other not only on the basis of the initial deposit but also the features they offer you. In a nutshell, you get more features when you sign up with advanced and pro accounts. The basic account isn’t too far behind either.
Spread and Leverages
The spread is the difference between the best bid and the best ask price. The bid price is the price at which you can sell, and the ask price is the price at which you can buy. In other words, it’s how much it costs to sell an asset or currency. You will consider yourself lucky for joining Go4rex when it comes to spreads. It offers the tightest and most competitive spreads in the industry regardless of whether you are a new trader or an experienced pro.
Leverage is the amount of money you are allowed to borrow from the broker. The average leverage on Go4rex is 20:1, which means that you can trade with a margin of $20 for every $1 you have deposited in your trading account. On the demo account, there isn’t any leverage but you can test out different strategies without risking real money by trading dummy credits from the broker.
Deposit and Withdrawal Methods
The deposit and withdrawal methods chosen by the company are pretty safe and reliable. You can fund your account with your credit or debit card if it has a Visa or Matercard logo on it. In addition to that, you can send funds to your account using a wire transfer. You also have other internet-based payment methods available so you can find your account almost instantly. The only method that may take some time is the bank wire transfer, but it is considered a very safe and reliable method of money transfer.
Go4rex is a good choice for both beginners and experienced traders. It offers great trading conditions, great customer service, a good platform and allows for fast deposits and withdrawals. When you combine the convenience of deposits and withdrawals, I think it’s a platform I can easily recommend.
Segregated Funds and Deposits
Go4rex keeps your money segregated, which means that it is kept separate from the company’s operating funds. Your money is deposited into a regulated bank that is independent of the organization. This means that your money is available whenever you need it—and you can always see the status of your funds from your trading account.
If you ask me if your funds are safe with this company, then I am here to tell you that yes, your funds are safe. The company understands how important it is to keep your money secure, and it takes that responsibility seriously. It makes every effort to ensure that your funds are kept safe, and the company takes advantage of the latest security practices and technology to protect your information and assets. You can rest easy knowing that your money is in good hands with Go4rex.
Overall, Go4rex is a great broker with great features. It’s also one of the few that let you deposit funds in your account without charging you huge commissions. It has objective security measures and a trading system in which traders have a chance to grow.