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The WikiFX Score of this broker is reduced because of too many complaints!

Goccfx

United Kingdom|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://goccfx.com/en/

Website

Rating Index

Contact

info@cohesionn-fi.com
https://goccfx.com/en/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
United Kingdom
Operating period
1-2 years
Company Name
Goccfx
Abbreviation
Goccfx
Company employee
--
Customer Service Email Address
info@cohesionn-fi.com
Company website
Keywords 4
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rupesh kumar yadav

United Arab Emirates

I have got a mail from costemer support but not recived my funds up to now i make with drew 20 day ago but i recived mail today from costemer support and not recived funds.

Exposure

02-16

Ali51

United Arab Emirates

I have applied for my withdrawal and that was successfully approved by the system but I did not get the money on my Binance app account. I requested the Goccfx account assistant, and she checked and said that your account was freezing because your amount was large so you have to pay the fee that was 4200 USD. I paid that fee and now there is no reply from the system and also from the assistant. I have been waiting for my withdrawal but no response from anywhere. what do I do? Please help me with my withdrawal. Best regarding

Exposure

02-15

KayleeS93

United Kingdom

I have been investing on the Goccfx platform for more than 2 months, on January 15th I requested a withdrawal of more than 250,000 dollars and for the first time my withdrawal was not approved and I have been waiting for more than 2 weeks.Today the support team contacted me, explaining what happened. They say they will fix the withdrawal problem soon. Goccfx I hope you fix this and can help me with my withdrawal.

Exposure

02-15

Rupesh kumar yadav

United Arab Emirates

I make with drew more than 135000$ but i have not recived my funds.

Exposure

02-12

Ali51

United Arab Emirates

I have made one million USD from the system but I'm not able to withdraw. I don't know what to do?

Exposure

02-06

Mehrnoush

Turkey

Hello I have an account on the broker https://m.goccfx.cc/#/user () Business account ID 17953005。。7 days ago, the usdt amount that I had lost in the transactions was credited to my account Broker support has blocked my account because I haven't used it for 30 days and does not allow transfer and transaction The broker support wants me to give him 5000 Tether to activate the withdrawal And he says this law is brokering I have read all the brokerage laws but this law does not exist And blocked my withdrawals from my account for no reason ) Please defend my rights against the broker And tell them to allow the transfer from my account Please check the matter and let me withdraw the amount your

Exposure

02-05

Rupesh kumar yadav

United Arab Emirates

I make withdrew sucess but i have not recived in my wallet

Exposure

02-04

scam exposure

Kuwait

I was trading here and had accumulated my profits, all of a sudden the price fluctuated in away that I suspect the broker was responsible and from no where all my funds were lost, when I contacted the customer service personnel by names of Sara, she advised me to deposit $1000 more to enable me recover my losses til then I was removed from the group where I was trading, only to realize later that I had been scammed, please if there’s away I can even recover my deposited funds as even from pics below.

Exposure

01-17

8
Website
Company Summary
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Official website

Website

  • goccfx.com

    Server Location

    Lithuania

    Website Domain Name

    goccfx.com

    Server IP

    141.136.44.60

Company Summary

NOTE: Goccfxs official site - https://goccfx.com/en/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Goccfx Review Summary
Founded 2023
Registered Country/Region United Kingdom
Regulation No Regulation
Market Instruments Forex, Indices, Commodities, Stocks, and Cryptocurrencies
Demo Account Available
Leverage Up to 1:500
Spreads From 0.7 pips
Regional Restrictions Not Available in North Korea, Israel, China, Vanuatu, and Cuba.
Trading Platforms WebTrader
Customer Support Email: info@cohesionn-fi.com

What is Goccfx?

Goccfx is a broker established in 2023, registered in the United Kingdom. It offers trading opportunities in Forex, Indices, Commodities, Stocks, and Cryptocurrencies on the WebTrader and provides a Demo Account for users to practice trading. However, Goccfx operates without valid regulation and it is not available in certain regions, including North Korea, Israel, China, Vanuatu, and Cuba.

Goccfx

Pros & Cons

Pros Cons
  • Various Market Instruments
  • No Regulation
  • Available Demo Account
  • Non-functional Official Website
  • Regional Restrictions

Pros:

  • Various Market Instruments: Goccfx offers a wide range of trading options, including Forex, Indices, Commodities, Stocks, and Cryptocurrencies.

  • Available Demo Account: Users can practice trading on the platform using a demo account, which can be beneficial for beginners.

Cons:

  • No Regulation: Goccfx is not regulated, which raises concerns about the safety and security of funds.

  • Non-functional Official Website: The official website of Goccfx is currently not functional, which causes a lack of transparent information.

  • Regional Restrictions: Goccfx is not available in certain regions, including North Korea, Israel, China, Vanuatu, and Cuba, which limits its accessibility to traders in those areas.

Is Goccfx Safe or Scam?

Goccfx is likely to be an unsafe broker. Firstly, the lack of regulation is a major red flag, as it means there is no oversight ensuring the platform operates fairly and securely. Additionally, the non-functional official website raises serious doubts about the broker's transparency and legitimacy. This lack of a functional website makes it difficult for potential clients to research and understand the broker's services thoroughly.

No license

Market Instruments

Goccfx offers a variety of market instruments for trading.

  • Forex: Forex, or foreign exchange, involves trading currency pairs in the global marketplace.

  • Indices: Indices represent a basket of stocks that track a specific market or sector.

  • Commodities: Commodities are physical goods that are traded on exchanges.

  • Stocks: Stocks, or equities, represent ownership in a company. When you buy a stock, you become a shareholder and have a claim on the company's assets and earnings.

  • Cryptocurrencies: Cryptocurrencies are digital or virtual currencies that use cryptography for security.

Leverage

Goccfx offers leverage of up to 1:500, which is considerably higher than the limits imposed by regulatory bodies in countries like the UK and US. While high leverage can amplify potential profits, it also increases the risk of significant losses.

Spreads & Commissions

A spread as tight as 0.7 pips for the EUR/USD pair would indeed be considered competitive compared to other brokers. However, trading commissions were not disclosed, which could potentially offset the benefit of the tight spread.

Trading Platforms

The Goccfx trading platform is a basic, browser-based terminal that supports various trading instruments. While it covers popular markets like Forex, indices, commodities, stocks, and cryptocurrencies, the platform's interface is unpolished and ineffective. Users have described it as lackluster, with basic charts, graphs, and indicators. This simplicity may be a drawback for traders looking for more advanced features and a user-friendly experience.

browser-based terminal

Customer Service

Goccfx offers customer service via email at info@cohesionn-fi.com. However, there is limited information available about the responsiveness and effectiveness of their customer support.

Conclusion

In conclusion, Goccfx has numerous red flags, making it highly advisable to avoid them. The lack of regulation, the non-functional website, and high leverage exceeding legal limits point towards potential scam activity and significant risks to your funds.

Frequently Asked Questions (FAQs)

Q: Is Goccfx regulated?

A: No.

Q: What market instruments can I trade on Goccfx?

A: Goccfx offers trading in forex, indices, commodities, stocks, and cryptocurrencies.

Q: Does Goccfx offer a demo account?

A: Yes.

Q: What is the maximum leverage offered by Goccfx?

A: 1:500.

Q: Are there any regional restrictions for trading with Goccfx?

A: Yes, Goccfx is not available in certain regions, including North Korea, Israel, China, Vanuatu, and Cuba.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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