Below is a comprehensive analysis of GOFX Limited, focusing on online complaints, risk level assessment, website security, WHOIS lookup, IP and hosting, social media, red flags, regulatory status, user precautions, and potential brand confusion, based on the provided search results and general knowledge about evaluating forex brokers.

# GOFX Limited Broker Analysis
## 1. Online Complaint Information

• Trustpilot Reviews ():
• Trustpilot shows 8 customer reviews with a low average score of 2.2 stars ().
• Common complaints include:
• Withdrawal Issues: Multiple users report inability to withdraw funds, with delays or outright refusals (e.g., “They tricked me and I couldn’t withdraw” and “It’s not possible to get any withdrawal from this scammers”).
• Poor Customer Service: Users note unresponsive support, with no replies to emails or live chat attempts (e.g., “Their cust service is very poor, never able to chat with them on website”).
• Bonus Disputes: Complaints about unfulfilled promotional bonuses, such as a $100 no-deposit bonus (NDB) where terms were allegedly met but rewards were not credited (e.g., “This broker never intended to reward anybody just saying t&c violated”).
• Verification Issues: Users report repeated rejections of verification documents, even when requirements are met (e.g., “I uploaded my signed documents… keep getting the response picture not clear”).
• These complaints suggest significant operational issues, particularly around fund accessibility and customer support.
• WikiFX Complaints (,):
• WikiFX highlights similar issues, including withdrawal difficulties and unresponsive support.
• Users report scams, with one stating, “Scammers beware. I couldn’t withdraw my money and whenever I spoke to support, they always waste my time.”
• The platform notes GOFX’s lack of valid regulation as a risk factor, increasing concerns about accountability.
• Other Platforms:
• TrustFinance () gives GOFX a TrustScore of 2.73 based on 2 user reviews, citing concerns about withdrawal transparency and license reliability.
• 55Brokers () reports negative feedback on withdrawals, high leverage, and inadequate support, giving GOFX a low ranking (3/10).
• DayTrading.com () notes no customer reviews yet but flags regulatory concerns and high leverage risks. Summary: The volume and consistency of complaints about withdrawals, customer service, and bonus disputes indicate a high risk of unreliable service. These issues are common red flags for potential scams or poorly managed brokers.

  2. Risk Level Assessment

• High Leverage Risks:
• GOFX offers leverage up to 1:3000 on some accounts (Go-Standard, Go-Low Spread), which is extremely high compared to regulated brokers (e.g., 1:30 under FCA or CySEC) (,).
• High leverage amplifies both potential gains and losses, posing significant risks, especially for inexperienced traders. Leverage is also tiered based on account balance, with full 1:3000 only for smaller balances, which may encourage over-leveraging ().
• No Negative Balance Protection:
• GOFX does not offer negative balance protection, meaning traders could lose more than their deposited funds, particularly with high leverage (,).
• Offshore Regulation:
• The broker’s offshore regulatory status (see Regulatory Status below) increases risk due to limited investor protection and oversight compared to top-tier regulators like FCA, ASIC, or CySEC.
• Customer Feedback:
• Negative reviews and scam allegations on platforms like Trustpilot and WikiFX suggest a high risk of financial loss due to operational issues or fraudulent practices.
• Risk Warning:
• GOFX’s own website includes a risk warning about the potential loss of all invested capital due to the high-risk nature of CFDs and leverage (,). Risk Level: High. The combination of high leverage, lack of negative balance protection, offshore regulation, and consistent withdrawal complaints indicates a significant risk for traders.

  3. Website Security Tools

• SSL/TLS Encryption:
• The website (https://www.gofx.com/) uses HTTPS, indicating SSL/TLS encryption, which is standard for protecting data in transit.
• No specific information from the search results confirms the strength of encryption (e.g., TLS 1.3) or certificate validity, but HTTPS is a basic security requirement.
• Privacy Policy ():
• GOFX’s privacy policy claims to protect personal and financial information but allows disclosure to third parties under certain conditions (e.g., legal requests, tax agencies, or validation providers).
• The policy mentions “confidentiality and information security” for third-party data transfers but lacks specifics on encryption standards or data storage practices.
• Cookies:
• The website uses cookies for user experience optimization, as noted in their terms (). However, there’s no detailed consent mechanism or GDPR compliance explicitly mentioned, which could be a concern for EU users.
• Potential Red Flags:
• Limited transparency about security practices beyond basic HTTPS and a vague privacy policy.
• Complaints about unsecure verification processes (e.g., repeated document rejections) suggest potential issues with data handling (). Summary: Basic security measures like HTTPS are in place, but the lack of detailed information on encryption, data storage, or compliance with standards like GDPR raises concerns. User complaints about verification processes further question data security.

  4. WHOIS Lookup

• Domain Information ():
• The domain www.gofx.com is registered for multiple years (a positive sign, as scammers often use short-term registrations).
• The search results do not provide specific WHOIS data (e.g., registrant name, creation date), but Scamadviser notes the domain has been claimed for over a year, suggesting some longevity ().
• Privacy Protection:
• WHOIS data is likely protected (common for legitimate businesses), but without specific details, it’s unclear if this is to hide questionable ownership. Summary: The multi-year domain registration is a positive indicator, but lack of detailed WHOIS data limits transparency. No immediate red flags, but further verification is needed.

  5. IP and Hosting Analysis

• Hosting Provider ():
• The website is hosted by CloudFlare Inc., a reputable content delivery network (CDN) that provides DDoS protection and performance optimization.
• CloudFlare is widely used by legitimate businesses, but it’s also accessible to scammers, so this alone doesn’t confirm legitimacy.
• IP Location:
• No specific IP address or server location is provided in the search results. CloudFlare’s global network obscures precise server locations, which is standard but reduces transparency. Summary: Hosting with CloudFlare is a neutral indicator—common for both legitimate and questionable sites. No specific IP-related red flags, but the lack of server location details limits analysis.

  6. Social Media Presence

• Limited Information:
• The search results do not explicitly mention GOFX’s social media accounts or activity.
• Scamadviser () notes that legitimate e-commerce sites typically have a social media presence, and the lack of visible links or activity could be a minor red flag.
• Potential Red Flags:
• If GOFX has minimal or inactive social media profiles, it may indicate low engagement or an attempt to avoid scrutiny.
• Complaints about unresponsive customer service via Messenger () suggest any social media presence may not be effectively managed. Summary: The absence of detailed social media information is a minor concern. A legitimate broker typically maintains active, professional social media profiles to engage clients.

  7. Red Flags and Potential Risk Indicators

• Withdrawal and Verification Issues:
• Consistent complaints about withdrawal delays or refusals (,).
• Verification process issues, with users reporting arbitrary document rejections ().
• Unresponsive Customer Support:
• Multiple reports of unreachable support via live chat, email, or phone (,).
• Only one support channel (live chat) is mentioned, which is inadequate for a broker ().
• High Leverage:
• Leverage up to 1:3000 is unusually high and risky, especially without negative balance protection (,).
• Offshore Regulation:
• Regulation by St. Vincent and the Grenadines (SVGFSA), Seychelles (FSA), and Mwali (MISA) is considered weak compared to top-tier regulators (see Regulatory Status).
• Bonus Disputes:
• Allegations of unfulfilled promotional bonuses, with vague or unfair terms (,).
• Lack of Transparency:
• Limited details on deposit/withdrawal methods, fees, and minimum amounts (,).
• Vague privacy and security policies ().
• Negative Reviews:
• Predominantly negative feedback across Trustpilot, WikiFX, and other platforms, with scam allegations (,). Summary: Multiple red flags, including withdrawal issues, unresponsive support, high leverage, and weak regulation, strongly suggest GOFX is a high-risk broker.

  8. Website Content Analysis

• Claims and Promises:
• The website (www.gofx.com) markets GOFX as a “Trusted Forex Broker” with a “wide range of financial, investment opportunities” and “quick and seamless” deposits/withdrawals (,).
• These claims contrast sharply with user complaints about withdrawals and support, indicating potential misrepresentation.
• Risk Warnings:
• The site includes risk warnings about CFDs and leverage, stating traders may lose all invested capital (,).
• Regional restrictions are listed, excluding residents of the USA, EU, Japan, Thailand, and others, which may limit accessibility (,).
• Account Types:
• Offers five account types (Go-Mini, Go-Standard, Go-Low Spread, Go-Pro, Go-Inter) with low minimum deposits ($1-$5) and high leverage (up to 1:3000) (,).
• Similar account specs may confuse traders, and the lack of hedging options limits strategies (,).
• Trading Platform:
• Uses MetaTrader 4 (MT4), a reputable platform, available on desktop and mobile (,).
• No proprietary platform or additional tools are mentioned, which may limit functionality.
• Language Support:
• Supports English and Thai, targeting Mwali and Thai markets (,). Summary: The website’s bold claims of trust and seamless service are undermined by user complaints and lack of transparency. While MT4 and risk warnings are positive, the overall content raises concerns about credibility.

  9. Regulatory Status

• Claimed Licenses:
• St. Vincent and the Grenadines (SVGFSA): Registered with number 25865 BC 2020 (,). SVGFSA does not regulate forex trading, offering minimal oversight ().
• Seychelles (FSA): Operates under TouchStone Markets Limited with license SD118 (,). Seychelles is an offshore jurisdiction with weaker regulations.
• Mwali (Comoros) (MISA): License T2023205 (,). MISA is not a recognized international regulator, further reducing credibility.
• Previous Regulation:
• GOFX was briefly regulated by Indonesia’s Bappebti before entering the Thai market, but this is no longer valid ().
• WikiFX claims GOFX (as ICDX) has no valid regulation currently ().
• Offshore Concerns:
• Offshore regulators (SVGFSA, Seychelles FSA, MISA) lack the stringent oversight of top-tier authorities (e.g., FCA, ASIC, CySEC), offering limited investor protection (,).
• Brokers like GOFX are often viewed as less trustworthy due to these licenses ().
• False Claims:
• One source () incorrectly claims GOFX is regulated by the FCA (UK), which is not supported by other data and appears to be misinformation. Summary: GOFX’s regulation by offshore authorities (SVGFSA, Seychelles FSA, MISA) is weak, providing minimal investor protection. The lack of top-tier regulation is a major red flag, especially given scam allegations.

  10. User Precautions

To mitigate risks when considering GOFX, users should:

• Conduct Thorough Research:
• Verify regulatory status directly with SVGFSA, Seychelles FSA, or MISA websites.
• Check reviews on multiple platforms (Trustpilot, WikiFX, TrustFinance) for consistent feedback.
• Test with Small Deposits:
• Start with the minimum deposit ($1-$5) to test withdrawal processes before committing larger sums.
• Use Demo Accounts:
• GOFX offers demo accounts with virtual funds up to $100,000 (). Practice trading to assess platform reliability without financial risk.
• Avoid High Leverage:
• Be cautious with leverage up to 1:3000, which can lead to significant losses. Start with lower leverage (e.g., 1:100) if trading.
• Secure Personal Data:
• Ensure documents submitted for verification are handled securely. Request clarity on data storage and third-party sharing.
• Monitor Withdrawals:
• Test withdrawals early and document all transactions. Report issues to regulators or consumer protection agencies if delays occur.
• Seek Regulated Alternatives:
• Consider brokers regulated by top-tier authorities (FCA, ASIC, CySEC) for better protection (e.g., FP Markets, HFM) ().
• Report Scams:
• If fraud is suspected, report to local authorities, financial regulators, or platforms like Scamadviser (). Summary: Users must exercise extreme caution, starting with small deposits, using demo accounts, and verifying all aspects of GOFX’s operations. Regulated alternatives are strongly recommended.

  11. Potential Brand Confusion

• GooseFX (GOFX):
• GooseFX is a cryptocurrency platform on the Solana blockchain, unrelated to GOFX Limited (,).
• The similar name (GOFX) could cause confusion, especially since both operate in financial markets (crypto vs. forex/CFDs).
• GooseFX’s website (https://goosefx.io/) and focus on crypto trading are distinct, but users may mistakenly associate the two.
• Gofoc.com:
• Gofoc.com is identified as a scam shopping site, part of a Chinese scam network ().
• The similar domain name could confuse users, though Gofoc.com is unrelated to forex or GOFX Limited.
• ICDX (Indonesia Commodity & Derivative Exchange):
• WikiFX notes that GOFX was previously known as ICDX, a non-regulated Indonesian brokerage ().
• This rebranding may confuse users familiar with ICDX’s history or lack of regulation.
• GOFX.pro vs. GOFX.com:
• GOFX operates both www.gofx.com and www.gofx.pro, with the latter linked to TouchStone Markets Limited (Seychelles) (,).
• The dual websites may confuse users about which entity they are dealing with, especially since regulatory details differ slightly. Summary: Potential confusion exists with GooseFX (crypto), Gofoc.com (scam site), ICDX (former name), and GOFX’s dual websites. Users must verify they are interacting with GOFX Limited’s official site (https://www.gofx.com/).

  12. Overall Assessment

• Legitimacy Concerns:
• GOFX Limited is a registered broker with offshore licenses, but its regulatory status is weak, and user complaints strongly suggest operational issues or potential scams.
• Scamadviser rates gofx.com as “medium to low risk” with a trust score of 76 (), but this is an algorithmic score and does not account for user experiences.
• Risk Indicators:
• High leverage, no negative balance protection, withdrawal issues, unresponsive support, and offshore regulation are major concerns.
• Negative reviews and scam allegations outweigh positive claims on the website.
• Recommendations:
• Avoid trading with GOFX unless thoroughly vetted. Use demo accounts and small deposits to test reliability.
• Prefer brokers with top-tier regulation (FCA, ASIC, CySEC) for better safety and recourse. Conclusion: GOFX Limited presents a high-risk option for traders due to its weak regulation, consistent withdrawal and support issues, and multiple red flags. Extreme caution is advised, and regulated alternatives are recommended.