In this review, we will describe why your funds are not safe with Go365.
Is Go365 Legit ?
Go365 is an offshore broker. Problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why your funds are not safe with Go365.
Are Funds Safe with Go365 ?
With such lack of information and Go365 being offshore, funds are not safe. Security of funds is a huge problem with offshore brokers. A red flag that we noticed is Go365 is withholding vital information to users.
Go365 could go bankrupt from one day to another since there are no banking information about this broker.
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Go365 Review: our Conclusion!
Go365 is an offshore broker. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
Go365.io is a SCAM company.
Do not ever use them – in the end you will lose all your money, guaranteed.
If you are an existing customer, please withdraw everything while you still can.
They are not only unregulated and unlicensed but also totally unscrupulous thieves.
The prey on unsuspecting customers and eventually defraud them – most likely their main source of income.
Their modus operandi is by initially making some profit and letting customers withdraw some very small amount to gain trust. Then they will relentlessly ask for more deposits promising much higher return whilst racking up huge commissions.
Once they are happy with the collected money (in my case well over $100,000) they just literally steal the funds from your trading account pretending that the trade didn’t go well.
Don’t trust their trading platform as they have access to it and manipulate the figures.
Overall I deposited over $45,000 and the trade went well for a while. But once my equity was over $165,000 then in just a single week the loss was all of the sudden $190,000. Nearly impossible to achieve even by the most incompetent trader.
After you lose everything they will push you to deposit more so they can ‘recover’ the losses. And then the story will repeat again. Once they can’t get any more money out of you they stop all communication and will not reply to any messages.
Especially be aware of Thomas Klein and Martin Peters – the most skilled go365.io fraudsters.