Go Markets Broker Review

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• Go to:
• General Information
• Account Information
• Trading Information
• Spreads
• Leverage
• Deposit Methods
• Regulations and Security
• Account Types and Features
• Account Opening Process
• Trading Platforms
• Trading Instruments
• Trading Conditions
• Deposits and Withdrawals
• Copy Trading
• Customer Support
• Pros and Cons
• Conclusion
›

Go Markets is an online trading platform that was established in 2006 and is headquartered in Melbourne, Australia. The company offers a wide range of financial products and services, making it a popular choice for traders around the world. Go Markets caters to both novice and experienced traders by providing access to various asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies.

At-a-glance Statistics

Number of Tradable FX pairs

Number of Regulators

TrustPilot Rating

Number of TrustPilot Reviews

Traffic & Engagement

• Total visits, December 2024:65,607
• Device distribution:
• Desktop: 52.08%
• Mobile: 47.92%
• Visit duration: 00:02:19

Social Traffic

• Visitors:
• Youtube: 22.31%
• Instagram: 18.91%
• Other: 58.78%

Geographic Distribution of GO Markets Website Traffic

GO Markets Contact Information

Go Markets is regulated by the Australian Securities and Investments Commission (ASIC), ensuring it complies with strict financial standards to provide a secure trading environment. This regulatory oversight adds a layer of trust for users, as the platform adheres to industry norms and guarantees the safety of client funds.

In terms of trading platforms, Go Markets offers the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which are known for their powerful tools, customizable features, and extensive charting capabilities. These platforms are suitable for beginners as well as experienced traders due to their user-friendly interfaces and advanced functionalities.

Go Markets offers various account types, catering to different trading styles and experience levels. Whether you’re a beginner just starting out or an advanced trader seeking more sophisticated tools, Go Markets provides a suitable option for all. With competitive spreads and a range of educational resources, it ensures that traders have everything they need to succeed in the markets.

General Information about GO Markets

Account Information

Trading Information

Spreads

Leverage

Deposit Methods

Regulations and Security

As of January 2025, GO Markets operates under the supervision of several top-tier financial authorities, ensuring a secure and transparent trading environment for its clients. Go Markets is regulated by the Australian Securities and Investments Commission (ASIC) in Australia, the Cyprus Securities and Exchange Commission (CySEC) in the European Union, and the Financial Services Commission (FSC) in Mauritius.

ASIC, established in 1998, is Australia’s national corporate regulator, overseeing financial markets and services to ensure fairness and transparency. CySEC, founded in 2001, supervises investment services and transactions in transferable securities within the European Union, enforcing strict financial standards. The FSC in Mauritius and the FSA in Seychelles provide regulatory oversight to maintain the integrity and stability of their respective financial markets.

GO Markets adheres to stringent regulatory requirements, including the segregation of client funds from the company’s operational funds. This practice ensures that client assets are protected and not used for any other purposes. Additionally, the broker implements robust risk management policies and maintains adequate capital reserves to meet its financial obligations.

The multi-jurisdictional regulatory oversight of GO Markets offers clients a high level of security and trust. By complying with the standards set by these authorities, GO Markets demonstrates its commitment to providing a safe and transparent trading environment, safeguarding client interests across its global operations.

Account Types and Features

Go Markets offers a variety of account types designed to cater to traders of all skill levels and preferences. These include the Standard Account, the GO Plus+ Account, and a dedicated Demo Account. Each account type provides unique features to suit different trading needs.

• The Standard Account

  The Standard Account is ideal for beginner traders, offering competitive spreads starting from 1.0 pip, no commission fees, and access to a wide range of trading instruments. It’s a straightforward option for those new to trading.

• The GO Plus+ Account

  The GO Plus+ Account is tailored for experienced traders seeking tighter spreads and lower trading costs. Spreads start from 0.0 pips, with a commission of $3 per side per standard lot. This account provides faster execution speeds and access to advanced trading tools.

• The Demo Account

  The Demo Account allows users to practice trading in a risk-free environment with virtual funds. This is a valuable feature for those looking to hone their skills before committing real capital.

How to Open an Account with Go Markets

Opening an account with Go Markets is a straightforward process designed to ensure a seamless onboarding experience for new clients. The steps below outline the procedure:

1. Visit the Go Markets Website
   Navigate to the official Go Markets website and click on the “Open an Account” or “Sign Up” button. This will direct you to the account registration page.
2. Complete the Registration Form
   Fill out the online form with your personal details, including your full name, email address, phone number, and residential address. You will also need to create a secure password and select your preferred account type (Standard or GO Plus+).
3. Provide Identity Verification Documents
   As a regulated broker, Go Markets adheres to Know Your Customer (KYC) requirements. You will need to upload identification documents such as a passport or driver’s license and proof of address, such as a utility bill or bank statement.
4. Answer the Suitability Questionnaire
   To comply with regulatory requirements, Go Markets assesses your trading experience and financial knowledge through a short suitability questionnaire.
5. Account Approval and Funding
   Once your documents and questionnaire are reviewed and approved (usually within 24 hours), you can fund your account using your preferred deposit method. Go Markets offers multiple payment options, including bank transfers, credit/debit cards, and e-wallets.
6. Start Trading
   After funding your account, you can log in to the trading platform, access your dashboard, and begin trading a variety of instruments.

Trading Platforms

Go Markets provides a diverse range of trading platforms to meet the needs of various trading styles and experience levels. These include MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and several additional tools for a flexible trading experience.

• MetaTrader 4 (MT4) is the go-to platform for many Forex traders, offering essential features such as advanced charting, technical indicators, and Expert Advisors (EAs) for automated trading. Its simplicity makes it a favourite among beginners.
• MetaTrader 5 (MT5) builds on MT4 with additional tools, such as a broader range of assets, more order types, and an integrated economic calendar. It’s ideal for traders who need deeper market insights and expanded capabilities.
• cTrader is another advanced platform offered by Go Markets, renowned for its intuitive interface and high-speed execution. It’s popular among professional traders for its detailed market depth view, custom indicators, and algorithmic trading capabilities.

Additional tools include MetaTrader Copy Trading and cTrader Copy Trading, allowing users to follow and replicate the strategies of successful traders. GO WebTrader provides browser-based trading without needing downloads, while the Mobile Trading Platforms enable trading on the go. Go Markets also offers PAMM Accounts, allowing investors to allocate funds to professional managers.

This versatile platform selection ensures traders can choose the best tools for their strategies and goals.

Trading Instruments

Go Markets offers an extensive selection of trading instruments across multiple asset classes, providing traders with diverse opportunities to explore the financial markets. The available instruments include Forex, indices, commodities, shares, cryptocurrencies, ETFs, and bonds, ensuring a well-rounded trading experience.

• Forex

  As a Forex-focused broker, Go Markets provides access to over 50 currency pairs, including major, minor, and exotic pairs. With competitive spreads starting from as low as 0.0 pips on the GO Plus+ account and leverage of up to 1:30 for retail clients (higher for professionals), the Forex market remains one of the most attractive offerings for traders.

• Indices

  Traders can access popular global indices such as the S&P 500, NASDAQ 100, FTSE 100, and ASX 200. These indices allow traders to speculate on the performance of broader markets, benefiting from Go Markets’ tight spreads and fast execution.

• Commodities

  Go Markets offers both hard and soft commodities, including precious metals like gold and silver, energy products like crude oil and natural gas, and agricultural commodities. These instruments are ideal for portfolio diversification

• Shares

  Through CFD trading, Go Markets enables access to leading global companies listed on the NYSE, NASDAQ, ASX, and other major exchanges. This allows traders to profit from price movements without directly owning the shares.

• Cryptocurrencies

  Go Markets provides trading on major cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin. Crypto CFDs allow traders to capitalize on the volatile nature of digital assets without owning them, offering leverage and risk management tools.

• ETFs and Bonds

  For long-term investors and those seeking fixed-income opportunities, Go Markets offers ETF and bond CFDs. These instruments provide exposure to a range of sectors and government-backed securities.

Trading Conditions

Go Markets provides a trading environment designed to cater to both novice and experienced traders. The broker’s trading conditions include competitive spreads, fast execution speeds, flexible leverage options, and advanced trading tools to enhance the overall experience.

• Spreads and Commissions: Spreads on Go Markets are highly competitive, starting from 1.0 pips on the Standard Account and as low as 0.0 pips on the GO Plus+ Account. While the Standard Account is commission-free, the GO Plus+ Account charges a minimal commission of $3 per side per standard lot.
• Leverage: Leverage options vary based on regulatory jurisdiction and client classification. Retail traders can access leverage of up to 1:30 for Forex, while professional traders may enjoy higher leverage, depending on eligibility. This flexibility allows traders to manage their risk effectively while maximizing their potential returns.
• Execution Speed: Go Markets emphasizes reliable and fast trade execution, reducing the likelihood of slippage and ensuring optimal entry and exit points for traders. The broker uses advanced technology to process orders efficiently, even during volatile market conditions.
• Trading Tools: Go Markets enhances trading conditions with additional resources, such as VPS services for automated trading, free technical indicators, and access to economic calendars for timely market insights.

Deposits and Withdrawals

Go Markets offers a range of deposit and withdrawal options to ensure seamless transactions for traders worldwide. The broker prioritizes flexibility, speed, and transparency, ensuring funds are handled efficiently and securely.

Deposit Methods

Traders can fund their accounts through various methods, including bank wire transfers, credit and debit cards (Visa and Mastercard), and popular e-wallets such as Neteller, Skrill, and PayPal. Local payment solutions are also available in some regions to cater to global clients. Deposits are typically processed instantly or within a few hours, depending on the chosen payment method.

Withdrawal Methods

Withdrawals are processed through the same methods used for deposits to comply with anti-money laundering (AML) regulations. Requests are usually processed within 1–2 business days, ensuring prompt access to funds.

Fees and Charge

Go Markets does not charge deposit fees for most payment methods, although some third-party providers may apply their own charges. Withdrawals are also fee-free for many methods, but certain international bank transfers may incur a nominal fee.

Currency Options

The broker supports multiple base currencies, including USD, EUR, AUD, and GBP, allowing traders to avoid unnecessary conversion costs when funding their accounts.

Copy Trading and Additional Services

Go Markets provides comprehensive copy trading options through MetaTrader Copy Trading and cTrader Copy Trading, catering to traders seeking an effortless way to engage with the financial markets. This service allows users to replicate the strategies of professional traders automatically, making it an excellent choice for beginners or those with limited time for analysis.

MetaTrader Copy Trading enables users to follow a wide range of signal providers by reviewing their trading history, performance metrics, and risk levels. Once a suitable provider is chosen, their trades can be copied directly into the user’s account. Similarly, cTrader Copy Trading offers detailed analytics of strategy providers, helping traders select a leader whose approach aligns with their financial goals and risk appetite.

In addition to copy trading, Go Markets enhances the trading experience with advanced tools and services. These include access to a VPS (Virtual Private Server) for uninterrupted automated trading, Autochartist, which provides real-time market scanning and pattern recognition, and a rich suite of educational resources. Clients can benefit from regular webinars, tutorials, eBooks, and market insights to sharpen their skills and stay updated on market trends.

With these features, Go Markets supports traders at all levels, blending innovative technology with valuable resources to improve overall performance.

Customer Support

Go Markets offers comprehensive customer support to ensure a seamless and efficient trading experience for all clients. Their support team is available 24/5, ensuring that traders can get assistance whenever they need it. Whether you have a query about account management, technical issues, or trading-related inquiries, Go Markets’ support team is accessible via live chat, email, and telephone. The support staff is well-trained and responsive, providing prompt resolutions to a wide variety of issues.

For traders seeking self-help options, Go Markets also offers a detailed Help Centre, which features a wealth of resources including FAQs, video tutorials, and guides. These materials cover everything from platform usage to troubleshooting common issues, helping users find solutions quickly and independently.

Additionally, for those who need more personalized assistance, Go Markets offers multilingual support, ensuring that clients from different regions can receive help in their preferred language. This commitment to accessibility and support helps build trust and ensures a smooth trading journey for all clients.

Pros and Cons

Conclusion

In conclusion, Go Markets stands out as a reliable and well-regulated broker, offering a diverse range of trading instruments and platforms to suit traders of all levels. With its strong regulatory framework, including oversight from ASIC and CySEC, Go Markets provides a secure trading environment that prioritizes the safety of client funds.

The broker’s versatile account types, competitive spreads, and powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader make it a popular choice for both beginners and experienced traders. Whether you’re interested in Forex, stocks, commodities, or cryptocurrencies, Go Markets offers the tools and resources needed to succeed. Additionally, its comprehensive educational offerings and responsive customer support ensure that traders are equipped with the knowledge and assistance they need to navigate the markets.

While there are some limitations, such as leverage restrictions for retail clients and fees on certain withdrawals, the overall trading conditions remain competitive. For traders seeking a reliable, user-friendly platform with a wide range of assets and services, Go Markets is certainly worth considering.

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