Menu

Goat4X Review: A Dubious Platform (goat4x.com)

Goat4X Review: A Dubious Platform (goat4x.com)

Goat4X is another broker whose aim is to steal from unsuspecting investors. Goat 4X claims to have their residence in Kosovo, which is not the case. It would be the first time we’ve heard a broker from Kosovo claiming to offer insane profit margins. From our investigation, we can show concrete proof that this is a scam. The company behind this platform is synonymous with other scams such as FX123. Continue reading this transparent GOAT4X Review for more details on the broker.

Goat4X Review

A sure way of profiting from online trading is having a fair and transparent broker. With a broker who enjoys the backing of the trading community, your chances of winning increase. These brokers protect your investments at all costs. Sign up with commendable brokers who offer exemplary services. By joining reliable brokers, you get to enjoy the benefits of having a professional. You will learn the ropes of trading within a short time.

About Goat4X

Apart from their claim that they reside in Kosovo, there’s not much to go on. The broker has done a pretty good job with their website design. It’s no doubt that the design is aesthetically pleasing.

Even if that’s the case, our job is to ensure that any broker offers fair trading conditions. From our investigation, we can straight away tell you that GOAT4X is A SCAM. There’s no profiting from this brokerage firm.

Another red flag with the broker is the lack of transparency. We don’t get any information regarding who actually owns this platform. The information they have on their legal page shows a completely different story.

The broker is clearly hiding something from investors. And this is why we have to expose every dirty trick these scam artists use. Continue reading this informative post on one of the world’s leading scam platforms.

Assets Goat 4X has on offer

There are five trading assets on offer on this false trading platform. These assets include Commodities, Crypto, FX, Indices, and Stocks. There’s audacious leverage of 1:500, which is a ploy to lure investors.

👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it.  What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.

Click Here To Buy Now
 

Most of the industry regulators have set 1:30 as the acceptable maximum leverage. Any other broker claiming a different scenario is putting your funds at risk. It’s best to stay away from the platform and start using industry-recommended brokers.

Business owner

According to the Legal page, Trinket Support LLC is the company that owns this brokerage. Our investigation led us to a company whose residence in Hong Kong. The fact that they claim to reside in Kosovo is beyond us.

It’s another reason to suspect that the platform is anonymous. Investors should avoid joining any anonymous investing and trading websites. Most of these websites will take your money and block your accounts.

Comments and feedback from members

Goat 4X Comments from Members/Users

There’s a member who has already lost 39,000 Euros with the platform. Earl Thompson made the mistake of joining the broker due to the high leverage. He was under the assumption that he would profit immensely from the platform.

Little did he know that these are traps to ensure more investors deposit with Goat4x. After depositing, he’s now having a hard time trying to withdraw his balance. The broker has completely locked him out from accessing the account.

Domain background and history (goat4x.com)

Despite the claim that the broker resides in Kosovo, domain details show otherwise. Details from domain checker tools show that the platform has its IP location in Singapore. These are clearly offshore brokers who will do or say anything to have you deposit with them.

The website is a year old and came into existence on April 27, 2020. It shows that the platform has been around for a while with no serious activity. We believe that this is a short-term website and will be sold later on.

Features of Goat4X

Account details

Goat4X is not furnishing users with any information on their account types. We do know that the minimum deposit is $50, which is below the industry-recommended $250. And this is the best-case scenario for cheap is expensive.

Goat4X Trading

The broker has purposely lowered the minimum deposit to attract newbies. Most newbies will go for a broker who offers a low minimum deposit. Once a hundred users deposit $50, none of them will receive their funds back.

Contact and support

Once you click on their chat tab, you are directed to their Instagram page. Note that the broker takes you to a private session. The Instagram platform is used to take advantage of one-on-one communication.

They have your address and can talk and send messages to you at any time. Once you ignore them, you get bombarded with emails or phone calls if you did give them your contacts. It’s best to protect your direct line from these scam artists.

Metatrader 4 and Metatrader 5

These are the platforms you will see on this website. Although the broker claims to offer them, it’s not the case. They have just posted logos of the two platforms. You can get these platforms directly from their website.

Trading Platform Goat 4X

Once you click on the platform’s link, you will notice that the link is broken. The broker is hiding the fact that they are using a custom-made platform. We have a problem with custom-made platforms as they offer no trading advantage to investors.

Opening a Demo Account

The broker does offer a demo account which isn’t really of much help. Once you open the demo account, you will notice that no trading takes place. It’s just a video showing how members are to trade once they open a real account.

Members don’t get a feel of the trading platform, which is the real intent of having a demo account. It would help if you stayed away from their live account as the demo video only shows profit wins. There are no losses which is not possible in any trading session.

Goat4X License and Registration repute

Goat4X is not a legit brokerage firm as they hold no license from any governing authority. We have checked with all regulators in Europe, and none has their details. With more and more victims coming out, authorities will have no other option but to blacklist the broker.

That’s why you need to stay away from this ridiculous platform. Without a valid license, your investment is at risk of being void.

A legit broker will post their license and registration documents for all to see. There’s no indication that the broker has any documents to support their claim. And this means they have not deposited the minimum trading balance required to start a trading service.

Regulators demand that a broker deposit a sum of money for insurance. The money is to protect members from unforeseen circumstances such as bankruptcy or withdrawal.

Safety of funds with Goat4X

Goat4X License and Registration Status

There’s no safety of funds with a broker who holds no legal license. Once you deposit with the broker, the chances of withdrawing funds are slim. Investors should stay away from the platform as it’s a fraud.

Scam or legit Goat4x

Goat4X is a scam that everyone should avoid at all costs. The broker holds no license and has not undergone any regulation or supervision. Please stay away from them, or else risk losing your entire deposit.

Bottom line

We won’t be recommending an offshore broker who is completely anonymous. Stay away from the platform and use tested brokers.

Get your trading going with the best brokers the industry has to offer. These brokers offer a sure way of trading. You get to learn from the best and eventually improve your trading skills.

We wish everyone a happy and successful trading experience.

Leave a Reply

Your email address will not be published. Required fields are marked *

Profitfarmers

Follow Us

Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.