Go Forex which is at the time rebranding to GFC markets is a relatively new forex operator with an overall pleasing site, which is both user friendly and easy to navigate. Go Forex of GFC markets as you might have come across the sites name been referred to by traders offer both a downloadable GFX trader in addition to its web based java platform which does not require downloading.
In reality the theory behind its platform is very similar to AvaFx and Forex Yard as all the pre mentioned are based on ACT forex technology which offers a number of useful and innovative features including amongst others stop losses, built in analysis tools and a number of options for customization based on traders needs.
Accounts at Go Forex start with opportunities for $100,000 forex demo accounts and move on to mini which makes available the opportunity to trade with as little as $50 and offers leverage of 200:1; accounts at Go Forex are available with both fixed spreads and a no commission policy which are both strong factors adding up to the overall popularity of Go Forex as a respected trading operator.
The site offers an elementary forex education for beginners and a more sophisticated market analysis which is fit to more experienced traders coming with market analysis, news and an event calendar which help traders keep track of patterns, highlighted news and major announcements which are all key factors of currency fluctuations.
It is well mentioned that although Go Forex does add up to an above average operator it does hold a number of disadvantages in terms of usability and customer service as during review of the site the 24/7 live chat presented a 10 minute delay to cater our questions; it is additionally well mentioned that the site can be considered to be lacking important information as deposit and withdrawal information are hard to find which is a factor that has been criticised by a number of operators and online forex directories.
In our experience this might lie behind reasoning related to changes in policy of payments but nevertheless detailed information regarding depositing and withdrawing should be presented and this can be considered an overall gap.
Overall Go Forex is an above average site, which is worth using for online trading although it does leave space for improvement, new traders will have the opportunity to sign up for a Go Forex Demo Account and additionally can benefit from the new traders forex bonus which offers up to $2,000 money back on a standard account deposit. Go Forex is operated in Cyprus and is licensed by the Cypriot Securities and Exchange Commission.