GODO Forex Broker: Features & Accounts

Comprehensive analysis of GODO's trading platform, fees, and features.

GODO

Trusted & Safe
3.50
Score
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Your Gateway to Global Trading

Trade Forex, Stocks, Indices and Commodities with competitive spreads

Up to 1:500
Leverage
1.20
Spreads
over 300
Instruments

Key Broker Details

Quick Facts

Regulation

FSC (Mauritius)

Country

Mauritius

Min. Deposit

$10.00

Spreads

Starting from 0.0 pips on Zero accounts; 0.7 pips on Pro; 1.2 pips on Standard

Pros

What we like

  • Low entry barriers with minimum deposits from $10
  • Competitive spreads, especially on zero-spread accounts
  • Variety of platforms including mobile apps for on-the-go trading
  • Supports copy trading and automated strategies
  • Generally responsive support during business hours

Cons

Areas for improvement

  • Offshore regulation raises concerns about fund safety and dispute resolution
  • Frequent user reports of withdrawal delays or denials
  • Mixed reliability in account management and communication
  • Limited transparency on company capitalization or insurance
  • Some complaints of aggressive sales practices

Broker Summary

GODO offers trading on over 35 forex pairs, plus assets like metals, energies, indices, and cryptos. It supports automated trading and copy features, with accounts starting as low as $10. The broker uses established platforms and claims fast execution, but independent reviews note challenges with fund access and limited oversight due to its offshore status. It's suitable for cost-conscious traders but requires caution for those prioritizing strong regulatory protection.

Trading Platforms

Mobile Trading

Yes (dedicated app available on Google Play for real-time execution)

Web Trader

Yes (browser-based access via MT4/MT5 and cTrader)

Safety & Regulation

Capitalization

Client protection relies on Mauritius FSC oversight; no top-tier deposit insurance or compensation scheme is provided. Check official documents for details.

Insurance

The broker claims client funds are insured and held in segregated accounts under FSC (Mauritius) regulations, but detailed insurance information is not disclosed.

Licenses

FSC Mauritius (License No. GB20025812 for retail forex via MT5)

Jurisdictions

Mauritius

Trading Tools

Social Trading

Econ Calendar

Account Managers

Payments

Withdrawal fees vary: some accounts show no fees with a $10 minimum, others list $25 with a $100 minimum. Check the broker’s policy before transacting.

GODO Overview

Comprehensive broker information and trading capabilities

Languages & Region

Website offers multiple regional pages (English + localized pages suggested). The main site is English; localized (country) pages are visible.

Mauritius

Pricing & Fees

Variable spreads by account and asset class; commissions on Zero/VIP accounts; overnight swap charges apply; currency conversion policies described on fees pages. Check the CFD Asset List and Fees & Charges page for instrument-specific swaps/commissions.

Deposit Methods

bank wire transfer, debit/credit cards, Skrill/e-wallets and other electronic transfers (official terms list bank transfer, card, Skrill and “other acceptable e-wallets”)

Withdrawal Methods

bank transfer, credit/debit card refunds, Skrill/e-wallets (subject to KYC and the company’s withdrawal policy). Official terms state withdrawals are processed to the originating payment method where possible. Minimums and fees vary by method and country.

Trading Platforms

MetaTrader 4, MetaTrader 5, cTrader

Leverage

Up to 1:500

Account Types

most-trusted, beginner-friendly, ecn-raw, standard, islamic, ecn, classic, copy-trading, vip, raw, micro, zero-commission, low-spread, high-leverage, crypto, stock-cfd, scalping-ea, fast-execution

Customer Support

24/7 via email (cs@godocm.com), phone (+230 5 255 6115), live chat, and WhatsApp; response times vary, with some users noting quick initial help but slower resolutions.

Fund Security

Segregated Funds

VPS Hosting

Available

GODO Insights & Features

Discover what makes GODO stand out with comprehensive tools and resources

📰

News & Analysis

Market insights and analysis

Daily updates via platform feeds and site blog; no dedicated live news wire.

Top Feature

Standout platform feature

Copy-trading plus multiple account tiers (from cents to zero/VIP) with MT4/MT5 and a proprietary web/app trader.

🔍

Research Tools

Advanced research capabilities

Basic market scanners and signal services integrated into platforms.

🎓

Educational Resources

Learning materials and courses

GODO provides webinars, video tutorials, and trading guides aimed at helping beginners and active traders improve their skills.

GODO Account Structure

Compare account types and features

Standard, Cents, Professional (Pro), Islamic, Zero, Copy-Trading, Yield.
Not clearly published in the generic spec. (Likely USD/EUR and possibly local-currency versions)
Demo Available Swap Free Bonus Eligible
Up to 1:1000 (on certain account types) according to third-party site. Official standard account says up to “1:500”.
Leverage
Variable spreads.
1.20
Spread
Standard account: zero commission (for many pairs) according to site. Zero account: commission applicable (e.g., US$7 per lot per some spec).
Commission
0.01 lots (for many account types) according to spec sheet. - Up to 100 lots for many account types (standard/pro) according to product specifications.
Trade Size Range
Pro Features
Islamic Account

GODO Account Types

Account Type Minimum Deposit Spread Type & From Commission Leverage Stop‑Out Level Lot Size / Trade Size Instruments Key Notes
Cents Account US $10 Variable, “From ~ 1.2 pips” Zero Up to 1:1000 ~50% 0.01 to 1 lot Forex (about 40 pairs) + 2 metals Very low deposit, small lot sizes, good for beginners. (GODO)
Standard Account US $100 Variable, “From ~ 1.2 pips” Zero Up to 1:500 ~30% (some pages) 0.01 to 100 lots Forex, Metals, Oil, Indices & Shares (GODO) Common account type for general traders.
Professional / Pro US $1,000 (or more) Variable, “From ~ 0.7 pips” Zero Up to 1:500 ~30% or 50% 0.01 to 100 lots Forex, Metals, Oil, Indices & Shares (GODO) Higher‑tier with tighter spreads, for more experienced traders.
Zero Account US $5,000 (often) Variable, “From ~ 0.0 pips” ~$7 per lot (or region varying) Up to 1:500 (depending) ~50% 0.01 to 100 lots Forex, Metals (GODO) One of the lowest‑spread accounts but includes commission; higher deposit.
Yield Account US $3,000 (published) Variable, “From ~1.2 pips” (but details fewer) Not clearly published Not clearly published ~50% 0.01 to 100 lots Forex, Metals, Oil, Indices & Shares (GODO) Designed for more capital‑intensive trading; fewer publicly detailed terms.
Islamic Account US $100 (same as Standard) Variable, “From ~1.7 pips” Zero or special swap‑free terms Up to 1:100 (or similar) ~50% 0.01 to 100 lots Same instruments as Standard (GODO) Swap‑free version of a standard account for Shari’a‑compliant clients.

Trading Features & Conditions

Explore GODO's comprehensive trading ecosystem

Max Leverage

Up to 1:1000 (on certain account types) according to third-party site. Official standard account says up to “1:500”.

Risk Management

Standard tools: margin level info, free margin etc. The site provides a learning section on margin/margin-calls.

Special Conditions

• Zero account: very low spreads, to pay commission.• Islamic (swap-free) account option: no overnight swap/interest for Sharia-compliance.• Bonus offers have specific terms; e.g., “Lossable Bonus” is credited as additional margin; cannot be withdrawn; etc.

Frequently Asked Questions

No FAQs available for this broker.

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