After many years of suffering through terrible trading conditions, having funds frozen indefinitely, and other issues, experienced Forex traders have finally settled upon a platform they trust, appropriately named GOATED FX.
In the forex industry, there always seems to be one scandal after the next and traders have been more frustrated than ever. Many even gave up on the forex markets altogether in favor of the futures markets because finding a decent, trustworthy broker was impossible — until now.
Industry veterans Josh Wiliment and Sloan Rudderham, founders of Genesis Assets, finally decided enough was enough, saw the market opportunity, and pounced on it, launching GOATED FX after years of market research.
“I decided to do something about it”, says Williment, Goated FX’s COO, from his company’s headquarters. “Our close friends, high level traders, kept coming to us with stories about having funds frozen for no reason, unresponsive support, terrible spreads. It was tough to see them suffer so finally one day we snapped, and decided to launch GOATED.”
Indeed, Williment seems to be right, given the meteoric rise of GOATED within weeks of its launch. It turns out the market opportunity was even greater than he and his team even realized, with thousands of traders from around the world signing up without a heavy social media presence or a big marketing push.
“It kinda sells itself, because the one thing the forex industry has always lacked was integrity. Sure, it seems simple enough, but it’s a trillion dollar market, and it just seems to have attracted the wrong types of people who are looking for a quick buck,” says Rudderham, Goated FX’s CEO. “We’re the first ones to publicly come out and say, we are here to support traders, listen to them, be honest, and make sure they have the conditions they need to actually be profitable. It’s their livelihood at stake.”
Interestingly, the platform has managed to incorporate many features that were hard to find all in one place. GOATED is MT5 compatible – a favorite amongst serious traders, has tight spreads so there’s no surprises when traders close positions, and a custom web trader for mobile which allows traders a new level of flexibility.
Unsurprisingly, the industry has taken notice in a major way. Industry titans like Aaryu TheDon decided to partner with GOATED and it has shaken up the industry. “My lawyer said I shouldn’t share this but whatever. I literally got $40,000 tied up in another broker and they have been ghosting me for months. How is that not theft?!” says TheDon . “When I met the GOATED team, saw how they operate, I jumped onboard and here we are, literally reshaping the industry.”
It turns out other traders have had terrible experiences in the forex space as well but simply didn’t have a platform to tell their story, essentially suffering in silence. Now, with GOATED putting them out of business, the shift is being felt internationally.
“We wake up everyday to new traders signing up from countries where we don’t even have any online presence, like Peru, Brazil, Spain etc” says Williment. “I guess people are organically sharing the word on forums, to their friends, and on social media and it’s just catching on like wildfire. I’m not shocked they love GOATED, but I am shocked how fast it’s growing.”
It’s almost as if a New Goldrush has been ignited in the forex space after years of suffering, neglect and abuse, thanks to GOATED. Heavyweight online personalities like Matt Mann and Mena Kristov have even partnered with the broker. “They’re doing things the right way. Support is active and helpful. This is what we all wanted other brokers to be, but they kept messing with people,” says Mann. “Deposits and withdrawals happen quickly, cleanly, there’s no weird hidden stuff going on like usual. It’s the trading experience I wish we had years ago when I jumped into the space,” says Kristov.
With the election season upcoming, crypto markets fluctuating wildly, and the stock market looking like a correction is due, it’s perfect timing for the forex markets to make the comeback it’s always wanted to have. With GOATED FX on the scene, the entire trading community is revitalized, shifting back into the markets away from futures, and are finally thriving as consistently profitable traders.
For more information, visit www.GoatedFX.com.
Meet Emily Mitchell, our dedicated Senior Business Analyst here at Business Press Daily. Emily’s role is pivotal in our mission to provide you with accurate, data-driven insights into the business world. With her extensive background in business analysis, she dissects complex data, identifies key trends, and translates them into actionable recommendations.