Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FFB Logo
Get a free
$50,000 
demo account
Open Account
Your Capital is at Risk

GoGo Option Broker Review

  1. GoGo Option is probably one of the weirdest brokers / online gaming sites we have encountered so far. It seems to have been built by Chinese (our guess) bitcoin trading and gambling enthusiasts. It is obvious that the platform is just at the beginning having no proper informations, FAQ’s, contacting pages etc. This means also that is not regulated. Most talk about the platform is done over the bitcointalk.org forum. GoGo Option is a pure bitcoin platform, meaning the cryptocurrency is used to deposit and trade or roll dices. More about that lower in our GoGo Option review.

    At this point we still cannot recommend this broker to our visitors. We recommend using a well established and regulated brand to trade cryptocurrencies, like 24option. Punters are welcome to peek into our casino section if they prefer online gaming instead and crypto enthusiasts should take a look at out cryptocurrencies page.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk

  3. Theres not really much to write about here. The account is really easily created and does not even require an email. All that the user needs to enter to create a GoGo Option account is an ID (nick) and password. Right after that the platform will log you in into the system. There are any special settings, all the info is at the top menu, which is available even without login.

    R-Dice Fairness, Deposit and Withdraw buttons are not functional when the default user is logged in. Default is basically the phantom user used for everyone who comes to the platform, usually called AnonymousID. Not to confuse readers anymore – important thing is that one can easily create a fully anonymous account and start trading or rolling virtual dice. More about that in the next section of our GoGo Option review.

  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  5. Testimonials FairForexBrokers Your capital is at risk

    Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  6. There are two main modes on the platform. One is the well known binary options instrument. The other is the Dice mode – basically an randomisation algorithm is used and traders roll virtual dices to see if they won or lost. The game is played also with “high” or “low” buttons.

    GoGo Option Dice Mode

    Developers seem to be really open about the way the randomisation works and they clearly state that the house edge is 1%. Some users on the bitcointalk forum thought that is too high.To us it seems reasonable if it is true. The dice rolls are also shown as a chart which is really interesting. The value of the dice can be from 0-99 and the player needs to guess will it be higher or lower at the time of expiry.
    Expiry times are 5,10 and 55 seconds and payouts are up to 100% for this kind of game.

    GoGo Option Binary Option Mode

    The binary mode is something we are more accustomed too. Here traders need to guess if the price of the underlying asset will be higher or lower after the predetermined expiry time – so your classical binary option. The returns are 80% and higher.

    Expiry times:

    • 3 minutes
    • 5minutes
    • 10 minutes
    • 15 minutes
    • 30 minutes
    • 1 hour
    • 4 hours
    • 24 hours

    There arent really any charting tools, so BinaryOptions, even with the trading background can be traded directly almost like a game, or by using an external chart analysis solution.

    The assets offered are forex currency pairs

    • GBPJPY
    • EURGBP
    • EURJPY
    • USDCHF
    • USDJPY
    • EURUSD
    • USDCAD

    and cryptocurrency pair

    • BTCCNY

    It seems the broker is working on integrating LiteCoin as well. The maximum investment is 0.3 bitcoins. Quotes are provided by TrueFX.

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  8. Customer care is at this point available through the bitcointalk forum, and something called the TrollBox on the GoGo Option platform. While it all may seem a bit weird, we have to comment that the help-desk is really communicating with traders and they are really answering all the messages. While the method seems to be basic – the service seems to be really good. It seems the owners want this broker to succeed.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  10. The only payment and withdrawal option at the moment is bitcoin. The QR code or the address is presented with the click on the deposit button. Withdrawals work in similar fashion.

    In order to deposit, one needs to also leave an email address. This can be done on the side, next to the binary option button – the button called the “account”. This is also the only setting available under this button.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    12. Your capital is at risk
Footer Crypto Icon

Top Crypto Broker

Min. Deposit $5
Visit Binary.com
Your capital is at risk
Footer Casino Icon

Trusted Forex Broker

Your capital is at risk

Copyright © 2012-2021 All Rights Reserved Fair Forex Brokers - us

Privacy Policy     Cookie Policy

Disclaimer: This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.
The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice. FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. The potential client should not engage in any investment directly or indirectly in financial instruments unless (s)he knows and fully understands the risks involved for each of the financial instruments promoted in the website.

In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, FairForexBrokers.com has financial relationships with some of the products and services mention on this website, and FairForexBrokers.com may be compensated if consumers choose to click these links in our content and ultimately sign up for them. CFDs and cryptocurrency trading entails significant risks and there is a chance that potential clients lose all of their invested money.

Important notice for US traders: Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC. Every trader is obligated to check the legal status in their respective jurisdiction on their own.

FBO iGB - Best Binary Affiliate

FBO Awards