Competitive Edge in Global Trading
GO Markets, a top-tier online trading broker, offers access to over 1,000 assets, including Forex, indices, stocks, commodities, and cryptocurrencies. Regulated by ASIC, CySEC, and FSC, it stands out with tight spreads, robust security measures, and innovative tools like copy trading and PAMM accounts, making it ideal for traders of all levels.
Expert Reviewer Verdict
GO Markets caters to a wide range of traders, from beginners to professionals, with its Standard and GO Plus+ accounts. Beginners benefit from no minimum deposit requirements and a user-friendly platform, while experienced traders enjoy raw spreads starting from 0.0 pips and low commissions. Unique features such as PAMM accounts, copy trading, and swap-free options enhance flexibility, while the rebate program rewards high-volume traders.
The platform supports MetaTrader 4, MetaTrader 5, and cTrader, ensuring robust performance and versatility. However, the lack of fixed-spread accounts may be a drawback for some. GO Markets’ commitment to security, with segregated funds and advanced fraud detection, further solidifies its appeal as a trustworthy broker.
Pros and Cons
Pros
- Tight Spreads from 0.0 Pips
- Wide Range of CFD Products
- PAMM, Copy Trading, and Swap-Free Accounts
- Rebate Program for High-Volume Traders
- 24/7 Multilingual Customer Support
Cons
- No Fixed-Spread Account Options
- Swap Fees for Non-Islamic Accounts
Trust and Safety
Prioritising Security and Trust
GO Markets ensures a secure trading environment through rigorous regulation by ASIC, CySEC, and FSC. These respected financial authorities enforce stringent compliance standards, guaranteeing transparency and operational integrity. Client funds are held in segregated accounts with Tier-1 banks, protecting them from any potential mismanagement.
To prevent fraud, GO Markets implements advanced measures, including strict KYC processes, two-factor authentication, and enhanced transaction monitoring. Its fraud detection systems and regular staff training further enhance security. For additional protection, the platform employs advanced encryption technologies, secure payment systems, and real-time system monitoring.
|
Regulatory Body |
Status |
|
ASIC |
Yes |
|
CySEC |
Yes |
|
DFSA |
No |
|
EFSA |
No |
|
FCA |
No |
|
FMA |
No |
|
FSA (SC) |
Yes |
|
FSCA |
No |
|
FSC |
Yes |
|
JFSA |
No |
|
MAS |
No |
|
MiFID |
No |
Tradable Instruments
Diverse Trading Opportunities
GO Markets provides access to a broad range of tradable instruments, catering to diverse trading strategies. Traders can explore over 50 currency pairs in the Forex market, including major, minor, and exotic pairs. For stock market enthusiasts, the broker offers CFDs on global shares from renowned companies such as Apple, Tesla, and Meta, spanning U.S., Australian, and Asian markets. US shares can also be traded in the pre and post market sessions.
Commodities trading includes popular options like gold, silver, crude oil, and agricultural products like wheat and soybean. Indices CFDs provide exposure to global markets such as the S&P 500 and NASDAQ 100, while bond CFDs allow trading on government securities like U.S. Treasury Bonds.
|
Trading Instrument |
Available |
|
COMMODITIES |
Yes |
|
CURRENCIES |
Yes |
|
CRYPTOCURRENCIES |
Yes |
|
ETF |
Yes |
|
FUTURES |
Yes |
|
INDICES |
Yes |
|
STOCKS |
Yes |
|
BONDS |
Yes |
|
OPTIONS |
No |
Account Types
Tailored Account Options
GO Markets offers two primary account types designed to suit traders of all levels. The Standard Account is ideal for beginners and casual traders, providing a straightforward trading experience with no minimum deposit required. It features competitive spreads starting from 0.8 pips, commission-free trading, and access to Forex, indices, commodities, and cryptocurrencies. This account type is available on leading platforms like MetaTrader 4, MetaTrader 5, and cTrader.
For experienced traders seeking lower costs and enhanced features, the GO Plus+ Account offers raw spreads starting from 0.0 pips and low commissions of $2.5 per side per lot traded. With no minimum deposit required, this account provides full access to all tradable instruments, including shares and CFDs, and is optimised for faster execution speeds. Both accounts cater to specific trading needs and preferences, ensuring flexibility for every trading style.
|
Account Type |
Available |
|
DEMO ACCOUNT |
Yes |
|
ISLAMIC ACCOUNT |
Yes |
|
SEGREGATED ACCOUNT |
Yes |
|
MANAGED ACCOUNT |
Yes |
|
SUITABLE FOR BEGINNERS |
Yes |
|
SUITABLE FOR PROFESSIONALS |
Yes |
|
US TRADER |
No |
Commission and Fees
Transparent Fee Structure
GO Markets offers competitive and transparent pricing with minimal fees to ensure cost-effective trading for all clients.
Account Minimum
There is no minimum deposit requirement for either the Standard or GO Plus+ accounts, making the platform accessible to traders with varying budgets.
Trading Fees
The Standard Account charges no commissions, with costs embedded in spreads starting from 0.8 pips. The GO Plus+ Account offers raw spreads from 0.0 pips, with a low commission of $2.5 per side per lot traded ($5 round trip).
CFD Fees
GO Markets does not charge additional fees for CFD trading.
Forex Fees
Forex trading fees are limited to spreads and commissions, with no additional charges.
Futures Fees
No futures fees are charged by GO Markets.
Account Fee
GO Markets does not impose account maintenance fees.
Inactivity Fee
There is no stated inactivity fee for dormant accounts.
Deposit Fee
GO Markets generally does not charge deposit fees. However, third-party providers like banks or e-wallets may apply their own fees.
Withdrawal Fee
GO Markets generally does not charge withdrawal fees, but international bank transfers may incur third-party charges.
Overnight Funding Fee
Swap fees apply for positions held overnight, calculated based on interest rate differentials. Islamic account holders are exempt from these fees.
Currency Conversion Fee
GO Markets does not charge currency conversion fees
Guaranteed Stop Order Fee
The platform does not charge fees for guaranteed stop orders.
Trading Platforms
Cutting-Edge Trading Tools
GO Markets offers a diverse suite of trading platforms to suit various trading styles and preferences.
Mobile Trading Apps
GO Markets provides mobile trading platforms for MetaTrader 4, MetaTrader 5, cTrader, and a proprietary trading app. Compatible with Android and iOS devices, these apps ensure traders can manage their accounts and execute trades on the go.
Web Trading Apps
Web trading platforms are available for MetaTrader 4, MetaTrader 5, cTrader, and the proprietary platform. These browser-based solutions require no downloads, offering accessibility and full trading functionality from any device.
Desktop Trading Apps
Desktop platforms support both Windows and Mac users, offering MetaTrader 4, MetaTrader 5, and cTrader. These robust applications deliver advanced charting tools, automated trading features, and customisable interfaces for professional-grade trading.
|
Trading Platform |
Available |
|
MT4 |
Yes |
|
MT5 |
Yes |
|
CTRADER |
Yes |
|
PROPRIETARY |
Yes |
|
Desktop and Web Platform |
Available |
|
DESKTOP WINDOWS |
Yes |
|
DESKTOP MAC |
Yes |
|
WEB PLATFORM |
Yes |
|
Mobile Platform |
Available |
|
ANDROID |
Yes |
|
iOS |
Yes |
Unique Features
Innovative Features for Traders
GO Markets distinguishes itself with a suite of unique features tailored to enhance the trading experience. Traders benefit from competitive pricing, with tight spreads and low commissions, along with advanced tools like PAMM accounts, copy trading, and swap-free accounts. A rebate program rewards high-volume traders, while 24/7 multilingual support ensures seamless assistance. Robust educational resources and secure trading platforms further solidify GO Markets as a top choice for traders worldwide.
Research and Education
Empowering Education and Insights
GO Markets offers a comprehensive education hub to support traders at all levels. Beginners can access structured courses like “First Steps in Forex,” while seasoned traders benefit from expert webinars, market news, and analysis. A focus on trading strategies and psychology articles helps traders build effective techniques. GO Markets ensures clients stay informed with regular updates, trade ideas, and insights into Forex, indices, and commodities.
Customer Support
Always Available Assistance
GO Markets provides 24/7 customer support through multiple channels, including phone, online chat, and email. The multilingual team ensures that traders from diverse backgrounds receive prompt and effective assistance. Whether addressing technical issues, account inquiries, or trading-related questions, GO Markets’ dedicated support enhances the overall trading experience by being reliable and accessible at all times.
Account Opening
Quick and Streamlined
Opening an account with GO Markets is a straightforward process designed for convenience.
Registration: Complete a simple form online by providing personal details, selecting an account type, and answering a trading experience questionnaire.
Verification: Undergo a Know Your Customer (KYC) process to confirm identity and address.
Document Upload: Upload proof of identity and address securely through the client portal.
Once approved, clients receive account details and can start trading immediately, supported by advanced trading platforms.
Deposit and Withdrawals
Simple and Efficient
GO Markets ensures a smooth process for deposits and withdrawals.
Deposits: Traders can fund their accounts through various methods, including bank transfers, credit/debit cards, Skrill, Neteller, BPAY, and PayID. Most deposits are processed instantly, with no internal fees charged by GO Markets, although third-party fees may apply.
Withdrawals: Withdrawals are processed promptly, with requests submitted before 1 PM AEST handled the same day. Funds are returned to the original deposit method where applicable, and excess amounts are transferred to a nominated bank account. While GO Markets does not charge internal withdrawal fees, international transfers may incur third-party charges.
These user-friendly processes make account management simple and efficient.
Final Thoughts
GO Markets offers a compelling trading experience for beginners and professionals alike. With competitive pricing, advanced trading tools, and a broad range of instruments, it caters to diverse trading needs. Its strong regulatory oversight, robust security measures, and 24/7 customer support make it a trustworthy choice for traders worldwide.
The broker’s unique features include PAMM accounts and rebate programs. Overall, GO Markets delivers a reliable and feature-rich platform for those seeking a secure and comprehensive trading environment.
Contact Info
Headquarter: Level 11, 447 Collins Street, Melbourne VIC 3000, Australia Cyprus: Gladstone Street 99, Ayia Zoni, 3032, Limassol, Cyprus Mauritius: Level 7, Office 12, ICONEBENE Lot B441, Rue de L’Institut, Ebene Mauritius
FAQs
-
Question: What is the minimum deposit required to open an account?
Answer: GO Markets does not have a minimum deposit requirement for any of its accounts. -
Question: Does GO Markets charge inactivity fees?
Answer: No, GO Markets does not charge inactivity fees for dormant accounts. -
Question: What trading platforms does GO Markets offer?
Answer: GO Markets provides MetaTrader 4, MetaTrader 5, cTrader, and a proprietary trading platform for desktop, web, and mobile. -
Question: Are client funds safe with GO Markets?
Answer: Yes, client funds are held in segregated accounts with Tier-1 banks and protected under strict regulatory frameworks.
App Store
Google Play