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Go Wize Markets

Saint Lucia|Within 1 year|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.gowize.co/

Website

Rating Index

Contact

+44 7893 944394
support@gowize.co
https://www.gowize.co/
Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia

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!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Saint Lucia
Operating period
Within 1 year
Company Name
Go Wize Markets Ltd
Abbreviation
Go Wize Markets
Company employee
--
Customer Service Email Address
support@gowize.co
Contact number
00447893944394
Company website
Company address
Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia
Keywords 4
Within 1 year
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
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Official website

Website

  • gowize.co

    Server Location

    India

    Website Domain Name

    gowize.co

    Server IP

    193.202.44.232

Company Summary

Go Wize Markets Information

Go Wize Markets is an unregulated online foreign exchange and commodities broker, which was launched in February 2024 offering its clients through cTrader, the easy-to-use trading platform with two types of accounts. Even though the platform has 24/7 customer service, there is no regulation and investors will bear many security risks.

Go Wize Markets Information

Pros and Cons

ProsCons
  • Easy-to-use platform of cTrader
  • Lack of regulation
  • Offers two account types
  • High minimum deposit
  • 24/7 customer service
  • Limited information on non-trading fees

Is Go Wize Markets Legit?

Go Wize Markets has no supervisory authority to regulate it in its operation. Such absence of rules may put investors at a higher risk. The domain gowize. co was registered on 2024-02-22, and at the moment the owner of the domain has restricted it to transfer.

Is Go Wize Markets Legit?
Is Go Wize Markets Legit?

What Can I Trade on Go Wize Markets?

Go Wize Markets provides a platform where you can trade forex, indices, and commodities under institutional conditions.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrency
Shares
Metals
What Can I Trade on Go Wize Markets?

Account Type

Go Wize Markets offers two types of accounts: Minimalist Plan and Mentalist Plan. Minimalist Plan is best suited for new clients that want to enter the FX markets with the lowest overheads, the greatest freedom of action, and simplicity of operation possible. Mentalist Plan is aimed at professional traders as it provides additional options and improved trading functionality for the best trading experience.

Account TypeStarting DepositLeverageSpreadsCommission
Minimalist Plan$200Up to 1:500From 0.30No commission
Mentalist Plan$5,000Up to 1:500From 0.10Up to 3.5 USD
Account Type

Go Wize Markets Fees

Go Wize Markets offers two account types: the Minimalist Plan with wider spreads and no commission, and the Mentalist Plan with tighter spreads but up to 3.5 USD in commission. You can choose the plan that aligns with your trading style and budget.

FeatureMinimalist PlanMentalist Plan
Maximum Leverage1:5001:500
SpreadsFrom 0.30From 0.10
CommissionNoneUp to 3.5 USD

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
cTradermobile, desktop, and webInvestors of all experience levels
MT5mobile, desktop, and webInvestors of all experience levels

Deposit and Withdrawal

Go Wize Markets charges a deposit with a minimum number for both accounts. The minimum deposit is $200 for the Minimalist Plan, and $5,000 for the Mentalist Plan. The two requirements are relatively high for many traders, especially beginners.

Deposit OptionsMin. Deposit
Minimalist Plan$200
Mentalist Plan$5,000

Customer Service

You can reach out to Go Wize Markets on 7/24 by email at support@gowize.co and by phone at +44 7534 345018.

Contact OptionsDetails
Phone+44 7534 345018
Emailsupport@gowize.co
Support Ticket System
Online Chat
Social MediaFacebook, Instagram, Twitter, YouTube, etc
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressGround Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia

The Bottom Line

Go Wize Markets includes a cTrader platform in forex, commodities, and indices trading. It provides an opportunity for starting traders with a minimum deposit of $200 and ending with an exclusive Mentalist Plan service for professional traders. Nevertheless, one of the downsides of this platform is that the lack of regulation is an essential security issue. It is therefore ideal for professional traders who can do profound examinations.

FAQs

Is Go Wize Markets good for beginners?

No. Due to the lack of regulation and potential risks, Go Wize Markets is not suitable for beginners.

Is Go Wize Markets good for day trading?

The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.

Is it safe to trade with Go Wize Markets?

Trading with Go Wize Markets carries significant risk due to the lack of regulatory oversight. Only invest in Go Wize Markets if you understand the risks.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please make sure to understand the risks involved and notice that the information above provided in this review may be subject to alteration.

Keywords

  • Within 1 year
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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