Analysis of Go Investing
Go Investing positions itself as a globally renowned exchange, having received numerous prestigious awards and positive reviews over the years. However, it’s worth questioning this, considering that investor opinions about collaborating with this platform are only beginning to emerge. Let’s conduct a more detailed investigation to uncover the truth.
Key Facts about Go Investing
Go Investing avoids disclosing the timeframe for providing its brokerage services. On the platform, widgets with prestigious awards obtained from 2021 to 2022 are noted. However, there is no necessary evidence of the actuality of these awards.
An investigation of the go-inv.com domain revealed that the site was launched in April of this year. This indicates that the company is misleading about its awards and partnerships. Reviews on the Go Investing site turned out to be clearly fake, with fictitious mentions of several years of collaboration.
The limited contact information raises suspicion. The office address is not provided, and only a feedback form and false email are available for communication. It was found that the specified email address [email protected] was used by scammers operating under the fictional intermediary name World All Trade, which was shut down by the Central Bank of Russia in October 2021. These are clear signs of serial fraud.
Documentation and Licenses
Go Investing claims to provide brokerage services in compliance with the law and holds a license from EU-FIN (document №EU0782990).
However, EU-FIN is an unreliable regulator with no legal authority. Its website was launched around the same time as go-inv.com. Apparently, scammers simply created their own regulatory body.
Russian traders should be aware that Go Investing circumvents legislation and operates in CIS countries. The company is absent from the licensees of the Central Bank of the Russian Federation, the National Bank of Russia, etc. This fraudulent scheme has not yet been blacklisted, as its existence was extremely short-lived. However, with an increase in negative reviews, there is a possibility of Go Investing being blocked.
Services and Fees of Go Investing
The website offers both standard and Islamic accounts, catering to both experienced and novice traders. Users can choose one of four tariffs, offering the following conditions:
- Minimum deposit from $250 to $50,000
- Minimum spreads from zero
- Maximum leverage from 1:200 to 1:500
- Bonuses up to 100% of the deposited amount
- Round-the-clock customer support
- Participation in a partnership program for passive income, with undisclosed conditions
- Several withdrawal methods with processing time up to 7 working days
Reviews about Go Investing
Scammers are keen on meticulously positive feedback, but exposing reviews revealing their methods are starting to surface. Want to share your experience working with Go Investing? Leave your comment and share the truth.
Methods of Operation of Scammers
Go Investing is one of many projects created by experienced scammers. The scheme of deceit is primitive, but many fall for the tricks. The UTIP terminal provided as trading equipment is actually under the control of scammers who seek to create a positive first impression.
The goal is simple—to deceive clients for real investments. Once fraudsters get what they want and deplete the user’s finances, they lock the accounts and vanish.
Conclusion
We recommend avoiding collaboration with Go Investing; it is a fraudulent firm that will simply rob you without conscience. The deceivers actively promote their offers using a partnership program. Do not fall for the promises of an unscrupulous broker; they lack proper legal grounds to provide services. The opportunities presented by the charlatan only disguise the investment process.
I had an incredibly poor experience using Go Investing in 2023. From the start, their customer service was far from satisfactory. Trying to get a hold of a representative to answer my questions was a tooth-pulling task, I was often left on hold for ridiculous amounts of time.
Moreover, their platform was frequently down due to technical issues, causing a significant disruption in my trading activity. The broker seemed to lack the required experience, often leading to poor guidance and unfavorable results.
The fees and commissions were also higher than advertised and much higher than industry standards. Transparency also emerged as an issue, as I was often blindsided by hidden costs.
Overall, my experience with Go Investing left a lot to be desired, particularly in terms of service reliability and professionalism. I have since moved to another service and am much happier with the service and results there.
I am highly dissatisfied with the broker’s work at Go Investing as their poor performance and subpar customer service in 2023 have significantly impacted my investments negatively.