Forex GoDoAbbado Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.5

Business 0.8

Risk Control 1.1

Software 1.8

Regulatory 1.3

Terminal Snapshot

GoDoAbbado Trading Conditions

Registered Region Mauritius

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@abbado.com

Contact Number +447366511789

Website godoabbado.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, commodities, indices, and cryptocurrencies
Supports popular trading platforms MetaTrader 4 and 5
No commission fees on trades
Fast deposit and withdrawal processing without fees
Accessible customer support via live chat and email

Cons

Not regulated by any recognized financial authority
Withdrawal fees of $25 on bank and card transactions
Inactivity fee of 10% per month up to $100
Limited customer support availability during standard business hours
Potential risks associated with trading through an unregulated broker

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	GoDoAbbado	KCM Trade	MH Markets	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Mauritius	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does GoDoAbbado Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Access to diverse trading instruments	Suitable for small-capital practice
Professional Account	Experienced traders	Potential for higher leverage	Requires trading volume qualifications
Corporate Account	Corporate clients	Customizable trading solutions	Requires corporate documentation
Demo Account	All traders	Practice trading without risk	Ideal for testing strategies

Account Opening Process

To open an account with GoDoAbbado, users need to complete a straightforward process that includes submitting personal, employment, and financial information. Identity verification is required, which typically involves providing a valid ID and proof of address. Additionally, users have the flexibility to upgrade to a professional account as their trading experience and volume increase over time.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 1.2	$0	No commission fees apply
CFDs (Stocks, Indices, Commodities)	Varies	$0	Commission-free trading
Cryptocurrencies	Varies	$0	No commission fees apply

Other Fees

In addition to trading fees, traders should be aware of other potential costs. These include deposit and withdrawal fees, with a $25 charge for withdrawals via bank, credit, and debit cards. An inactivity fee of 10% of the account balance per month applies, up to a maximum of $100 until the balance reaches zero. GoDoAbbado does not charge any platform usage fees, overnight interest, or swap rates, and currency conversion is done at standard rates without extra markup.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

GoDoAbbado User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Alex Johnson

Toronto, Canada

★ ★ ★ ★ ★

I had a terrible experience with GoDoAbbado. The withdrawal process took forever, and I was charged a $25 fee each time. Their customer support was unresponsive, leaving me frustrated and feeling trapped. I wouldn’t recommend this broker to anyone.

Maria Gonzalez

Madrid, Spain

★ ★ ★ ★ ★

While the trading platform was easy to use, I faced issues with the inactivity fees that accumulated quickly. The support team was not very helpful when I reached out for clarification. Overall, I’m disappointed with my experience.

James Smith

New York, USA

★ ★ ★ ★ ★

I’ve been using GoDoAbbado for a few months now, and I appreciate the variety of trading instruments available. The execution speed is impressive, and I haven’t faced any hidden fees. However, I wish their customer support was more accessible.

Emily Chen

Sydney, Australia

★ ★ ★ ★ ★

GoDoAbbado has been a great platform for me. I love the no commission fees on trades, and the MetaTrader 5 platform is fantastic for my trading strategy. The withdrawal process was smooth, and I’m very satisfied with the service overall.

Mauritius Market