Go Coin
Investments with Go Coin
The Go Coin broker offers its clients the opportunity for easy and profitable investing using modern trading tools on numerous markets. Among the main advantages of the company highlighted on the official website gocointrader.com:
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small initial deposits,
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zero commissions for depositing and withdrawing funds,
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free access to trading terminals,
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variety of trading accounts,
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over 200 trading instruments,
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ability to trade from anywhere in the world,
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fast order execution,
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high-precision quotes,
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client interest protection,
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consultations with experienced traders.
The broker provides a phone number and email for contact. The company “Go Coin” is legally registered at 32 Agion Anargyron Ave, 6057 Larnaca.
Regulatory and Supervisory Organizations
Among the regulators overseeing the activities of the company and its partners are:
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ACFM,
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ASIC,
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MFSA,
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IFSC,
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Quotix Aggregator,
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JP Morgan,
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MiFID,
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Goldman Sachs.
The website footer lists the current licenses:
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IFSC 31/244/ВВ/11,
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License of the Financial Services Commission of the Republic of Mauritius C305012046.
The company claims to have been providing its services for over 4 years, serving around 36,000 trading accounts and conducting multimillion-dollar transactions daily.
Trading Conditions with Go Coin
The broker offers three tariff plans with various options for investing:
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INSTANT — deposit from $150, leverage 1:100,
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PROFI — deposit from $1000, leverage 1:500,
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PROFI + — deposit from $1000, leverage 1:500.
The higher the tariff, the more markets are available to the client, along with deposit insurance, 24/7 support, and more.
Main trading markets defined by the broker:
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stocks,
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commodities,
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indices,
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currencies,
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cryptocurrencies,
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metals.
The website features a trading calculator for risk and potential profit calculations.
Payments and Withdrawals
Transaction details are not disclosed. It is known that the broker does not charge commissions for operations, and clients can choose their payment method: bank card, transfer, e-wallet, or cryptocurrency. The time for crediting funds is not specified, and processing large sums may take up to 30 days.
Conclusion
The Go Coin website contains spelling errors and lacks some important information. All licenses require further verification. Potential clients are advised to review feedback from real traders to make an informed decision about collaboration.
My experience with Go Coin has been nothing but disappointing and frustrating. The interface is confusing and lacks basic navigational tools. Transactions are slow and often come with unexpected fees. Furthermore, their customer service is appalling. No one is available to answer questions or resolve issues. I have lost money and time dealing with this subpar broker. I would strongly advise against using Go Coin.