Got Money FX reviews

Got Money FX_logo Got Money FX 5/10 (votes 2372)

On-line since: -
Country of origin: Australia
Regulation: ASIC
Payment options: wire transfer, credit cards, Neteller, IPS
Minimum account size: $1
Minimum lot size: 0.1 lot
Leverage: up to 1:400
Spreads: floating, fixed from 0.1 pip

Got Money FX is headquartered in Brisbane, Australia. The broker provides access to derivatives and forex trading. The company's clients have the opportunity to get an education in futures and options trading, as well as obtain essential knowledge of how to trade commodities and Forex . Got Money closely works with AVA FX, Mirus Futures, and Futures Path in order to provide data flow and access to various markets.

Got Money FX is regulated by ASIC.

Trading conditions

Importantly, the official website of the company contains little information about trading conditions.

The company uses MetaTrader 4 as its trading platform.

Trading accounts:

  • Standard (minimum trade size is 0.1 lot)
  • Mini (minimum trade size is 0.001 lot)
  • Swap-free (minimum trade size is 0.001 lot).

The maximum leverage for all types of accounts is 1:400, and the minimum deposit totals $1.

Training

Got Money FX offers beginners a comprehensive training course on how to trade Forex. The training course includes video tutorials. The main aim of the training section is to help novice traders develop a successful trading strategy.

Support service

You can contact the company's support team by email, or by clicking the "Call us" button. Yet, one fact raises suspicion: there is no current phone number on the website.

Feedback

On the Internet, there is a suspiciously small number of negative reviews about the broker. Many traders complain about the manipulative techniques the company uses to get as much money as possible from its clients. Traders are also dissatisfied with slow withdrawals and bugs in the trading platform. Among the positive features, clients stress high quality support service and fast order execution.

Advantages and disadvantages

Pros:

  • regulated broker
  • expert advisors
  • demo account

Cons:

  • limited ways to contact the support service
  • poorly-developed official website
  • lack of detailed information about trading conditions

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