GOFX Account Types Overview

What Types of Accounts Can You Open with GOFX?

GOFX offers five distinct account types tailored to different trading experience levels and risk appetites. With a minimum deposit requirement of just $1 across all account types, traders can start small and scale up. The range includes standard, low-spread, and professional-tier accounts, each with different leverage settings, trading limits, and fee structures.

Importantly, while GOFX accounts support flexible trading volumes, no account type currently supports hedging, and all accounts share a uniform stop-out policy. The GO-PRO account includes service fees, while others operate fee-free under certain usage conditions.

What Accounts, Minimum Deposits, and Leverage Does GOFX Offer?

📝 Fee Policy Note:

After a predefined number of free positions, GOFX may charge daily holding fees per instrument (both long/short). These are calculated in USD or the accounts base currency, up to 10 days per week (based on trading days).

FAQs about GOFX Accounts

Which GOFX account is best for beginners?

GO-MINI and GO-STANDARD are ideal for beginners due to low entry cost and simple structure.

What is the difference between GO-LOW SPREAD and GO-PRO?

GO-LOW SPREAD offers tighter spreads with no fee, while GO-PRO has professional conditions including service fees and larger minimum trades.

Do GOFX accounts support hedging?

No. Currently, none of the account types support hedging strategies.

How is the service fee calculated on GO-PRO accounts?

Fees are charged daily per open position based on the instrument and direction (long/short), in USD or equivalent.

Can I open multiple accounts on GOFX?

Yes, you can hold several live accounts under the same GOFX Member Area.

Is there an Islamic (swap-free) account option?

Not mentioned in the current product offerings. Traders observing Sharia law may contact support for clarification.