Go Trading Technologies Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 3rd floor C & H Towers Corner of Great Marlborough and Great George Streets Roseau Commonwealth of Dominica This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.goptions.com.
Do not use Go Trading Technologies Ltd for anything serious. I used them for close to eighteen months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Tax reports included|Good mobile app|Competitive fees|Multi-device support
Cons: Limited demo account features|Limited ETF selection
I wanted to transfer my portfolio from another broker to Go Trading Technologies Ltd. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Automated trading options|Full transparency
Cons: Research section could be deeper|No crypto staking
Go Trading Technologies Ltd has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Educational resources|Risk management tools|Multi-currency support|Good analytical tools
Cons: Mobile app could be improved|Charting tools need more indicators
KYC with Go Trading Technologies Ltd is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Regular updates|Easy to use platform|Good analytical tools
Cons: Charting tools need more indicators
The platform itself is okay, but the customer service at Go Trading Technologies Ltd is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Demo account available|Regular updates|Excellent charting
Cons: Limited cryptocurrency options|Minimum deposit could be lower
I had high hopes for Go Trading Technologies Ltd from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Clear documentation|Great customer service
Cons: Limited demo account features|Minimum deposit could be lower
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Go Trading Technologies Ltd said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Personal attention|Responsive team
Cons: Minimum deposit could be lower|Account statements could be more detailed
The so-called education at Go Trading Technologies Ltd is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since early this year thinking they would help me learn.
Pros: Multiple order types|Segregated accounts
Cons: Spreads widen during volatile periods
The platform at Go Trading Technologies Ltd is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a few weeks now of dealing with this, I have had enough.
Pros: Clear documentation|Segregated accounts|Smooth onboarding
Cons: Limited cryptocurrency options
If you are reading this considering Go Trading Technologies Ltd - run. I wish I had read more negative reviews after a trusted YouTuber reviewed them. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Good analytical tools|Multi-device support
Cons: No integrated tax optimization|Nothing significant