GOPAX Review 2024
Minimum
deposit:
  • $10

Trading platform:

  • Proprietary platform

GOPAX Review 2024

Updated:
Updated: October 06, 2023

2.75

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $10

Trading platform:

  • Proprietary platform
Trading features:
  • Investment programs are available

Summary of GOPAX Crypto Exchange

GOPAX is a high-risk cryptocurrency exchange with the TU Overall Score of 2.75 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by GOPAX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. GOPAX ranks 157 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The GOPAX cryptocurrency exchange opens access to the toolkit only after the client passes the verification process. To perform verification, you need to upload documents. The duration of identity verification depends on the workload of the managers and the GOPAX servers.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

GOPAX is a digital asset exchange founded by the Streami Inc. tech company in 2017. The cryptocurrency exchange is officially registered in Korea with offices in Korea, Hong Kong, and Denver. Its license number is 432-87-00120.
Within a relatively short period, the exchange has gained an audience of more than 376 thousand traders, which has provided it with a confident position in the list of the Top 10 Exchanges in the World. GOPAX is a centralized exchange for trading digital assets, which means that there is supervision from the state and global regulatory authorities.

💰 Account currency: USDC, KRW
🚀 Minimum deposit: $10
⚖️ Leverage: 1:1
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, USDC, KRW
💹 Margin Call / Stop Out: No

👍 Advantages of trading with GOPAX:

  • possession of an official license no. 432-87-00120 confirming that its financial activities are legal;
  • the ability to trade various cryptocurrency pairs;
  • optimal commission costs;
  • the possibility of personal trading, i.e., working with experienced traders who select transactions that keep the client nearly always in the black;
  • daily update of the markets;
  • verification can be completed on the website without the need to download the mobile app;
  • centralization — every transaction will be tracked by the regulator;
  • deep liquidity;
  • rapid regulation of markets.

👎 Disadvantages of GOPAX:

  • the website has poor support for languages other than Korean;
  • without mandatory verification, it will not be possible to make a deposit or withdraw earned funds;
  • there are strict rules for using the exchange, and non-compliance may result in the trading account being blocked for an indefinite period.

Evaluation of the most influential parameters of GOPAX

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

1.42

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

2.86

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

2.64

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

2.80

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

3.16

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

3.38

/10

Geographic Distribution of GOPAX Traders

Popularity in

99%
Others
Others

User Satisfaction i

3 comments
Total score:
2 /10

Share your experience

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Hassandug
1 year ago

Fraudsters! It's good that I checked it at the minimum depot. Transactions are frozen, it is impossible to trade. For this reason, I decided to withdraw money. They issued a withdrawal, but I never received the money.

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Georgefeen
1 year ago

The GOPAX exchange just stole my money! Yes, it was. I was not in the auction for about a week, I decided to take a vacation, and when I went into my account, my account was zero! As explained to you, probably interesting, this situation! So I will answer: no way! I can't contact support for a week! Like this!

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kostVog
1 year ago

I will not recommend this company. It's hard to even call it a crypto-exchange. Conditions and speed of trade - disgusting! I can't leave a good review of GOPAX!

Expert Review of GOPAX

The GOPAX cryptocurrency exchange has been operating since 2017 and is registered in South Korea. The exchange is young and was created at the height of cryptocurrency hype, and when BTC and altcoins experienced phenomenal growth. Despite the fierce competition, this crypto exchange has positive financial results with a $6.8 million daily trading volume.

GOPAX is not just an exchange, it is also a cryptocurrency exchanger. The crypto exchange provides GOFI investment programs, which provide passive income from investments in digital assets. The GOPAX crypto exchange has major investment support from many companies such as Bluepoint Partners, Fenbushi Capital, Ryukyung PSG Asset Management, Digital Currency Group, TIPS Korea, ICB, and Strong Ventures.

GOPAX provides 55 cryptocurrencies for use, which is less than the number provided by more popular crypto exchanges. But the administration of the crypto exchange is gradually introducing new digital assets (for example, MiraQle, K-Tune, and Microtuber cryptocurrencies) under state control.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of GOPAX’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

A feature of GOPAX crypto exchange investment programs is its high-interest rate of 5% for investments in cryptocurrencies, which is offered every week. The administration of the GOPAX cryptocurrency exchange periodically launches GOFI investment rounds (events). They allow you to earn extra money on deposits with a fixed validity period of up to 45 days with an annual rate of up to 100%.

GOFI investment program

The essence of the program lies in the use of fixed and savings deposits in cryptocurrency. The GOPAX cryptocurrency exchange provides both high-yield fixed-term programs and flexible open-term investments. These are deposits that can be withdrawn to the user’s account or a cryptocurrency wallet, at any time. 

At the moment, the GOPAX cryptocurrency exchange offers 10 Open Term investment programs for 7 days:

  • BTC — 1.75% reward in Bitcoin;

  • ETH — 1.75% reward in Ethereum;

  • BCH — 3.5% profit in BCH;

  • XLM — 2.5% reward in XLM;

  • LINK — 1.00% profit in LINK;

  • UNI — 1.5% reward in UNI;

  • AAVE — 1.00% profit in AAVE;

  • COMP — 1.00% reward in COMP;

  • SOL — 4.5% profit in SOL;

  • USDC — 5% reward in USDC.

It is possible to withdraw Open Term deposits at any time.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

GOPAX’s affiliate program

This crypto exchange program is aimed at ensuring uninterrupted liquidity. To participate in the partner program for GOPAX traders, you need to leave a request in the "Trader" section.

The affiliate program has four tiers:

  • Tier 1: With a trading volume over $500: the reward for the maker is 0%, and for the taker, it is 0.02%;

  • Tier 2: With a trading volume over $300: the reward for the maker is 0.01%, and for the taker, it is 0.03%;

  • Tier 3: With a trading volume from $100 and $300: the reward for the maker is 0.02%, and for the taker, it is 0.04%;

  • Tier 3: With a trading volume from $30 to $100: the reward for the maker is 0.03%, and for the taker, it is 0.04%;

Trading Conditions for GOPAX Users

The GOPAX cryptocurrency exchange offers low commissions of up to 0.040% on average. But commission costs can be further reduced by registering as a trader using the "Trader" section on the exchange’s website.

$10

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: Proprietary platform based on TradingView
📊 Accounts: Standard, P2P platform
💰 Account currency: USDC, KRW
💵 Replenishment / Withdrawal: Bank card, credit cards, P2P cryptocurrency exchange, and third-party services
🚀 Minimum deposit: $10
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, USDC, KRW
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: N/a
⭐ Trading features: Investment programs are available
🎁 Contests and bonuses: Offered regularly

Broker comparison table of trading instruments

GOPAX Bybit MEXC Binance Margex Cryptohopper
Forex No No No Yes No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

GOPAX Commissions & Fees

Information
Experts at the Traders Union analyzed the commissions of the GOPAX cryptocurrency exchange. During their analysis, it was found that commission costs are formed taking into account the type of digital asset. Most cryptocurrencies, including BTC and ETH, can be deposited for free. The commission for withdrawal to a cryptocurrency wallet will be 0.001 for BTC and 0.016 for ETH.
Account type Spread (minimum value) Withdrawal commission
Standard From $20 Yes

Traders Union specialists performed a ranking of the GOPAX cryptocurrency exchange based on a comparison of commission costs.

Broker Average commission Level
GOPAX $20 High
Binance $6 Medium
Bitfinex $0.1 Low
Logo GOPAX
$20
$6
$0.1

Contacts

Foundation date 2017
Registration address Streami, Inc. 18F, 42, Olympic-ro 35da-gil, Songpa-gu, Seoul, Republic of Korea
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
GOPAX Review GOPAX Review

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FAQs

Do reviews by traders influence the GOPAX rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about GOPAX you need to go to the broker's profile.

How to leave a review about GOPAX on the Traders Union website?

To leave a review about GOPAX, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about GOPAX on a non-Traders Union client?

Anyone can leave feedback about GOPAX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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