GO Markets Rated 3/5

GO Markets Guide - Read our In Depth 2023 GO Markets Review

This detailed GO Markets review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, CFDs, Binary Options.
*This content does not apply to US users.

Learn more about GO Markets.

Benefits of Trading with GO Markets

GO Markets Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 1
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 GO Markets users and traders
๐Ÿ“† Founded 2009
๐ŸŒ HQ Australia
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Australian Securities and Investments Commission (ASIC)
๐Ÿšซ Excluded Countries GO Markets is not available in the following countries : AF, DZ, AO, BY, BA, BI, CF, CG, ER, GY, HT, IR, IQ, PS, PDR, LB, LR, LY, MM, KR DPRK, PA, PG, RU, SL, SO, SD, SY, UG, UA, VE, YE, ZW, IL, CA, PR,US, JP

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Losses can exceed deposits

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is GO Markets?

GO Markets are a worldwide financial trading platform and broker. founded in 2009

Over 14 years later GO Markets now serves over 10,000 retail investors Forex trading, CFDs trading, and Binary Options trading.

GO Markets are a global broker. GO Markets have a head office in Australia.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this GO Markets review and assess how well the GO Markets platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like GO Markets. Choosing or shortlisting a trading platform like GO Markets can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like GO Markets.

As a result, selecting the right trading platform like GO Markets requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like GO Markets available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like GO Markets requires thorough due diligence and careful consideration. Some GO Markets trading features can be complex when trading on mobile or using the GO Markets online trading platform. Beginners and inexperienced traders must take the time to learn how to use the GO Markets trading tools properly. In our review of GO Markets we explain the pros and cons. What GO Markets offer, countries GO Markets are available in. Who GO Markets are regulated by and more.

GO Markets Review Screenshot

When it comes to online trading with brokers like GO Markets, carefully review GO Markets as your broker can make or break your success. Choosing the right broker is essential to ensure your GO Markets investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your GO Markets review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of GO Markets. You must also ensure the GO Markets broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, GO Markets needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with GO Markets into easily digestible information in this GO Markets review. We want to ensure you have all the knowledge necessary to use the GO Markets trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with GO Markets are the key to successful trading, so we've provided this detailed GO Markets review. So, take a seat, grab a cup of coffee, and dive in to learn about GO Markets and how it can benefit you or if GO Markets is not for you.

Online investing with GO Markets can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with GO Markets, evaluating the GO Markets platform is important. Evaluation includes researching the GO Markets management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with GO Markets. That's why it's essential to understand the GO Markets company policies and practices before making any investment decisions. By doing your due diligence and understanding GO Markets platform, you can make informed investment choices that align with your financial goals. So take the time to research GO Markets thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this GO Markets review you need to determine if GO Markets is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to GO Markets, so you can make a more informed decision and compare other brokers against GO Markets.

If you want to look at some GO Markets alternatives that might better fit your needs, we list and compare some of the best GO Markets alternatives further down this GO Markets review.

Don't be fooled by the misconception that online trading is easy with GO Markets. It can be challenging and requires significant research and understanding of the GO Markets trading tools and features. You must know what you are doing when trading with GO Markets. That's why we've compiled this detailed GO Markets review with some important information that will hopefully make you more informed when online trading with GO Markets.

GO Markets Review Table of Contents

GO Markets review
GO Markets is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about GO Markets. GO Markets is a multi asset platform with 100+ tradable Assets. Assets available on GO Markets include Forex, CFDs, Binary Options.

GO Markets trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Binary Options are considered financial assets.

Features of GO Markets

GO Markets review
What you should know

GO Markets offer three ways to trade: Forex, CFDs, Binary Options. The assets and products available to you on the GO Markets trading platform depends on the region of the world, you are in and the GO Markets entity you have an account.

With GO Markets you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with GO Markets platform.

GO Markets are able to accommodate various levels of traders whether you are experienced or a beginner.

Are GO Markets safe?

When considering GO Markets for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as GO Markets, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2009, and in operation for 14 years GO Markets have a head office in Australia.

GO Markets is regulated. This means GO Markets are supervised by and is checked for conduct by the Australian Securities and Investments Commission (ASIC) regulatory bodies.

GO Markets withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like GO Markets are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. GO Markets are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of GO Markets and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. GO Markets has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, GO Markets will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like GO Markets, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If GO Markets violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with GO Markets?

All payments made to GO Markets by traders are securely held in a segregated bank account.

GO Markets uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should GO Markets use them?

GO Markets partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their GO Markets clients' funds.

GO Markets clients can have greater confidence in their financial security when working with a Tier 1 bank because GO Markets are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in GO Markets deposited in a Tier 1 bank?

Depositing funds with GO Markets ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if GO Markets were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that GO Markets is a secure and safe platform.

Please be aware that trading in financial assets with GO Markets carries a risk of loss. GO Markets trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Binary Options due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

GO Markets emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about GO Markets, let's closely examine its features.

To better understand the GO Markets trading platform, you can create two separate accounts - one with real money and the other a GO Markets demo account. A GO Markets demo account provides a risk-free environment for experimenting with the GO Markets platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in GO Markets trading decisions.

Open a demo account Visit GO Markets

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How GO Markets as a Company Compare Against Other Brokers

Broker GO Markets IC Markets Roboforex eToro
Year Established 2009 2007 2009 2007
Head Office Australia Australia Belize Cyprus, UK
Regulation Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ GO Markets users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit GO Markets Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

GO Markets review
GO Markets Pros and Cons

What we like about GO Markets

  • Used by over 10,000 GO Markets users and traders
  • Established in 2009
  • Regulated by Australian Securities and Investments Commission (ASIC)
  • Min. deposit from $1

What we don't like about GO Markets

GO Markets review
GO Markets Regulation and Licensing in more detail

GO Markets is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of GO Markets going into insolvency. GO Markets compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like GO Markets to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for GO Markets traders.

GO Markets is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like GO Markets you should be sure they're legitimate online agent.

Is GO Markets Global?

Yes, GO Markets is global as GO Markets is available in over 158 countries.

GO Markets is a global trading platform in the sense that it operates in 158 countries including nations in Africa, Asia, Oceania, and Europe. Major countries GO Markets covers include the UK, Germany, South Africa, Thailand, China and Australia. GO Markets has a total of more than 10,000 users.

GO Markets review
GO Markets Fees Explained

  • GO Markets withdrawal fees varies on payment method
  • GO Markets does not charge a fee for inactive accounts.
  • GO Markets does charge deposit fees.

GO Markets Costs To Check

Modern brokers like GO Markets provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, GO Markets may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall GO Markets trading profitability.

How GO Markets Fees Compare Against Other Brokers

Broker GO Markets IC Markets Roboforex eToro
Min Deposit 1 200 10 50
Withdrawal Fees Varies No Yes Yes
Inactivity Fees No No No Yes
Deposit Fees Varies Varies No No
CFD Commission Fees No Yes No Yes

GO Markets Minimum Deposit

GO Markets requires a minimum deposit of 1 GBP/USD/EUR when opening an GO Markets trading account.

A minimum deposit is the minimum amount of money required by GO Markets to open a new online brokerage account with them.

Don't be scared off by brokers like GO Markets charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like GO Markets, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

GO Markets Withdrawal Fees

The fees for withdrawing funds from your GO Markets account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your GO Markets withdrawal request is important.

GO Markets Withdrawal rules may vary across different brokers when it comes to transferring funds from your GO Markets or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with GO Markets may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the GO Markets withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from GO Markets. Researching and comparing GO Markets withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing GO Markets funds frequently or dealing with large sums of money. Awareness of these GO Markets fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your GO Markets funds.

For example, GO Markets allows you to withdraw your funds to Credit cards, Bank transfer, PayPal, BPAY, POLi, UnionPay, DebitCard.

GO Markets Inactivity Fees

GO Markets does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by GO Markets terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all GO Markets fees and services. It's recommended that you check the GO Markets website before signing up. If you decide to close your GO Markets account, it's important to do so with the GO Markets broker customer support and obtain confirmation that no remaining GO Markets fees are due.

Brokers like GO Markets must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

GO Markets Deposit Fees

GO Markets do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

GO Markets Commission Fees

GO Markets does not charge commission on CFD instruments.

Brokerage firms like GO Markets may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the GO Markets trading account level held by the trader.

GO Markets may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing GO Markets terms and conditions to understand the commission fees and any other charges that may apply is essential.

GO Markets review
What can you trade with GO Markets?

It's essential to note that the trading instruments offered under the GO Markets brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the GO Markets trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with GO Markets over 100 instruments in fact.

If you want to trade currency pairs on global Forex markets, GO Markets offer over 15 currency pairs.

GO Markets Compared To Other Brokers

Compare GO Markets with IC Markets and Roboforex below.

Losses can exceed deposits

How GO Markets Trading Options Compare Against Other Brokers

Broker GO Markets IC Markets Roboforex eToro
Instruments Available 100 2250 100 5000
Platforms MT4, Web Trader, Binary, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 15 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes
Exotic Forex pairs Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies No Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares No Yes Yes Yes
US Shares No Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit GO Markets
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

GO Markets review
Trading on GO Markets web platforms and other applications

GO Markets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

GO Markets also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See GO Markets's platforms

Is the GO Markets Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the GO Markets trading platform to protect you on PC and mobile GO Markets platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using GO Markets web trading platforms.

GO Markets Trading Platform Options

After logging into your GO Markets account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that GO Markets does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

GO Markets does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options GO Markets gives you.

GO Markets review
GO Markets MetaTrader 4 (MT4)

GO Markets MetaTrader 4

GO Markets MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on GO Markets offers traders comprehensive features and tools to enhance their trading performance. The GO Markets MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the GO Markets platform to their needs. One of the standout features of MT4 is its charting functionality, which allows GO Markets traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give GO Markets traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 GO Markets trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the GO Markets MetaTrader 4 (MT4) trading platform. MT4 is a platform available with GO Markets, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The GO Markets MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. GO Markets allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with GO Markets in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. GO Markets MetaTrader 4 is compatible with the latest macOS. GO Markets allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on GO Markets

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade GO Markets MetaTrader 4 on iOS Devices

You can download the GO Markets app or trade with GO Markets through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. GO Markets customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade GO Markets MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and GO Markets offers its clients access to the MetaTrader 4 platform on these devices. With the GO Markets MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing GO Markets traders to stay on top of their trades and react quickly to changes in the market. With the GO Markets MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade GO Markets MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on GO Markets are a powerful bundle of three major indicators designed to help traders make informed decisions. GO Markets MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help GO Markets traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing GO Markets traders to potentially stay one step ahead.

GO Markets MetaTrader 4 Advanced Trading Tools

The GO Markets MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give GO Markets traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, GO Markets provides traders with everything they need to succeed. The GO Markets MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing GO Markets traders to analyze the market at any level of complexity.

Trade GO Markets MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

GO Markets MetaTrader 4 AutoChartist

Autochartist on the GO Markets platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for GO Markets MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, GO Markets traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save GO Markets users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. GO Markets traders can navigate the platform and find the information they need to make informed trading decisions.

GO Markets Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for GO Markets traders of all experience levels.

GO Markets Trading benefits

  • GO Markets Allows scalping
  • GO Markets Allows hedging
  • GO Markets Offers STP
  • GO Markets Low min deposit

GO Markets Trading Accounts Offered

Below we give an overview of the account types that GO Markets offer. Whatever you are looking to trade, the varying GO Markets account types will be able to provide you with what you need.

  • GO Markets Mini account
  • GO Markets Standard account
  • GO Markets ECN account
  • GO Markets STP account

Can I try GO Markets?

GO Markets provides a demo account that enables individuals to explore trading before investing their funds. By creating a GO Markets practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the GO Markets demo account can help individuals to make informed decisions before investing their money.

Open a demo GO Markets account to practice and trade.

Losses can exceed deposits

GO Markets withdrawal and funding methods

It's essential to remember that the payment methods provided by GO Markets vary based on the GO Markets entity and the GO Markets client's country of residence. To view the GO Markets payment options available, you can log into your GO Markets member's area.

GO Markets offers various funding payment methods listed in your GO Markets dashboard if available in your region. To learn more about the GO Markets funding and withdrawal options available in your area, you can explore the GO Markets website.

GO Markets provides several payment methods for funding your GO Markets account. You may utilize any of these deposit options if they are available in your region. GO Markets ensures that users have multiple payment methods to choose from, making it more convenient for verified GO Markets account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the GO Markets user's location. learn more about GO Markets funding and withdrawal methods.

GO Markets Payment Methods

Some GO Markets payment methods are local and are available only to specific regions. GO Markets account holders should check which payment methods are provided in your region.
  • GO Markets accepts Credit cards
  • GO Markets accepts Bank transfer
  • GO Markets accepts PayPal
  • GO Markets accepts BPAY
  • GO Markets accepts POLi
  • GO Markets accepts UnionPay
  • GO Markets accepts DebitCard
Broker GO Markets IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available GO Markets and other broker payment methods depend on the clients country of residence.

How can I start trading with GO Markets?

To open a trading account with GO Markets, individuals can sign up on the GO Markets website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for GO Markets account validation and making a deposit. Once completed, GO Markets users can download the trading platform of their choice.

It's important to note that GO Markets requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps GO Markets maintain a trustworthy financial environment for its 10,000 users. Detailed information on the GO Markets trading platforms is available on their website.

Losses can exceed deposits

Performing trades with GO Markets

The trading platform, GO Markets, provides users various options regarding the minimum and maximum trade requirements. These requirements are determined based on the specific instrument being traded and the preferences of the individual trader. This flexibility allows traders to tailor their trading experience to their unique needs and investment goals. With the ECN and STP execution methods offered by the platform, traders using GO Markets can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, GO Markets margin requirements can differ depending on the traded instrument.

CFD Trading on GO Markets

We will show you an example of the basics of using GO Markets leverage.

CFD trading on GO Markets allows traders to speculate on the price movements of various financial instruments against the broker GO Markets, without actually owning real assets. With CFDs, GO Markets traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

GO Markets provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, GO Markets leverage profits and losses are magnified when trading. For instance, using CFDs, you use the GO Markets trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, GO Markets leverage magnifies both profits and losses in trading.

Trading CFD trades on the GO Markets platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced GO Markets traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Education Resources at GO Markets

To trade effectively with GO Markets, it's important to have a good understanding of the GO Markets trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with GO Markets and externally.

GO Markets . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with GO Markets. Familiarizing yourself with the GO Markets trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using GO Markets. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with GO Markets involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like GO Markets, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with GO Markets. Explore the GO Markets platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with GO Markets, before live trading.

Customer Support at GO Markets

As part of our GO Markets review, we review customer service options, response times and problem resolution effectiveness on the GO Markets trading platform. The GO Markets trading platform supports multiple languages, which includes English, French, Chinese, Spanish, Arabic.

GO Markets Available Support Types

GO Markets has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.

GO Markets customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with GO Markets has to be positive for you to effectively trade the financial markets on the GO Markets platform. GO Markets should answer all of your questions and your GO Markets platform issues are solved. When an GO Markets customer has any queries regarding GO Markets, the GO Markets customer support team should take these issues seriously and offer a quick and effective solution. GO Markets has a great client support team, so we have rated their customer service highly.

Livechat Support at GO Markets

We experienced fast and responsive support from GO Markets

At GO Markets, customer support is a top priority. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes. Don't take our word for it. Test the chat service yourself. A responsive chat service from GO Markets should be a positive support experience for all GO Markets users, saving you from waiting days for an email response.

We also tested communicating with GO Markets support in various languages and countries. The GO Markets help centre quickly resolved our customer issues.

Email Support at GO Markets

As part of our review process, we wanted to test the email support offered by GO Markets. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows GO Markets has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by GO Markets. If you're looking for a broker with reliable email support, GO Markets is worth considering.

Phone Support at GO Markets

Our experience with GO Markets phone support was positive. When we called, the team answered our call promptly, in less than a minute.

During the call, we tested the multilingual GO Markets team by speaking in different languages, and they made an effort to answer our queries in each language.

The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from GO Markets good.

See how GO Markets Support Compares Against Other Brokers

Broker GO Markets IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, French, Chinese, Spanish, Arabic English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit GO Markets Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with GO Markets

As GO Markets is regulated by Australian Securities and Investments Commission (ASIC).

As a new client of GO Markets, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with GO Markets in your region. During the GO Markets account opening process, you will be asked to provide GO Markets with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with GO Markets have the following documents available.

  • GO Markets require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for GO Markets compliance. This must be dated within the last six months.
  • If you plan to fund your GO Markets account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the GO Markets platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under GO Markets Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring GO Markets's platform.

However, remember that you won't be able to make trades on GO Markets until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the GO Markets KYC compliance process as soon as possible to avoid any delays in accessing the GO Markets platform's features.

It is important to note that GO Markets may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the GO Markets platform and features immediately. However, you must pass the verification process to start live trading with GO Markets, which can take up to a few business days.

To start the process of opening an account with GO Markets you can visit the GO Markets trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.gomarkets.com.au/ on September 19, 2023.

Is GO Markets A Good Broker?

We have spent over 5 years examining GO Markets in depth. Although we found some very useful aspects of the GO Markets platform that would be useful to some traders. We feel that a alternative to GO Markets may better suit you.

  • GO Markets have a good track record of offering Forex, CFDs, Binary Options.
  • GO Markets has a history of over 14 years.
  • GO Markets has a reasonable sized customer support of at least 10.
  • GO Markets are regulated by the Australian Securities and Investments Commission (ASIC). GO Markets is subject to strict regulatory oversight from its respective jurisdiction, which holds GO Markets (the broker) accountable for misconduct. This regulatory framework helps ensure that GO Markets operates fairly and transparently and provides GO Markets customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and GO Markets.
  • GO Markets have regulation from reputable regulators.
  • One of the advantages of using GO Markets is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from GO Markets are particularly important as GO Markets traders want to receive their money quickly. With the efficient GO Markets payment processing system, traders can enjoy faster access to their GO Markets funds.
  • GO Markets have an international presence in multiple countries. Including local GO Markets seminars and training.
  • GO Markets can hire people from various locations in the world who can better communicate in your local language.

GO Markets Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

GO Markets not quite right?

If after reading this GO Markets review, GO Markets does not fulfill your needs check out these GO Markets Alternatives.

Click here to view the best GO Markets Alternatives

We have spent years researching the best alternatives to GO Markets. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective GO Markets alternatives available today. If you are unsatisfied with GO Markets or want to explore other options, we recommend checking out our carefully curated list of highly-rated GO Markets alternatives. Follow the links below to learn more about these GO Markets broker alternatives and choose the one that best suits your trading needs.

Related GO Markets Vs Comparisons

Throughout our comprehensive GO Markets review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing GO Markets against other popular brokers in the industry, check out our GO Markets Vs pages. Our team has compiled a series of detailed GO Markets comparison articles, pitting the GO Markets platform against some of the best-rated GO Markets competitors in the market. Dive into our informative GO Markets Vs pages below to find out how GO Markets stacks up against other leading brokers.

GO Markets review
GO MARKETS Frequently Asked Questions

Read our detailed GO Markets FAQ Section updated for 2023.

Can I try GO Markets?

GO Markets do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do GO Markets accept?

Please note that the list of payment methods below depends on the GO Markets Entity and the client's Country of Residence.

GO Markets offer the following funding payment methods Credit cards, Bank transfer, PayPal, BPAY, POLi, UnionPay, DebitCard, among other payment methods.
Learn more here

Losses can exceed deposits

Is GO Markets safe?

GO Markets have over 10,000 users. GO Markets are considered reliable as they are regulated by and checked for conduct by the Australian Securities and Investments Commission (ASIC). Any payments funded to GO Markets accounts by traders are held in a segregated bank account. For added security,GO Markets use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with GO Markets is risky, and because the market is so volatile, losses could happen at any time.

Losses can exceed deposits

Is GO Markets trading good?

GO Markets is considered good and reputable to trade with GO Markets. GO Markets is used by over 10,000 traders and GO Markets users. GO Markets offers Forex trading, CFDs trading, and Binary Options trading. Minimum deposit with GO Markets is 1.

Is GO Markets trading Legit?

GO Markets was founded in Australia in 2009. GO Markets has been facilitating trade on the financial markets for over 14 years. GO Markets offers clients Forex trading, CFDs trading, and Binary Options trading. All funds deposited to GO Markets are held in segregated bank accounts for security. GO Markets is regulated by Australian Securities and Investments Commission (ASIC) so can be considered legit.

Is GO Markets a good broker?

GO Markets allows Forex trading, CFDs trading, and Binary Options trading. GO Markets is overseen by the top tier financial regulators Australian Securities and Investments Commission (ASIC) so can be considered a good broker.

Is GO Markets trustworthy broker?

GO Markets is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to GO Markets, money is in a segregated bank account that is separate from GO Markets company's funds. As a regulated broker, GO Markets cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by GO Markets. Instead, your GO Markets funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with GO Markets. Also GO Markets is regulated in its local jurisdictions including major financial regulators like Australian Securities and Investments Commission (ASIC).

What is the minimum deposit for GO Markets?

The minimum deposit to trade with GO Markets is 1.

How long do GO Markets withdrawals take?

Withdrawing money from GO Markets processing time varies depending on the method but averages 1-5 days.

Is GO Markets regulated?

GO Markets is regulated by the Australian Securities and Investments Commission (ASIC). Regulatory bodies conduct regular reviews and audits as part of GO Markets maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is GO Markets a market maker?

GO Markets is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by GO Markets even if no buyer or seller is lined up.

How can I start trading with GO Markets?

When opening a trading account with GO Markets, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on GO Markets trading platforms, you can follow the link provided below: Learn more about signing up with the GO Markets trading platform here. This will provide useful information and insights into the various trading platforms offered by GO Markets, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with GO Markets?

Yes your money is safe with GO Markets.

Overall, strict financial regulation is essential for ensuring that trading platforms like GO Markets operate fairly, transparently, and responsibly, which ultimately benefits all GO Markets stakeholders involved.

Trading platforms like GO Markets must have strict financial regulation for several reasons:

  • Protecting GO Markets Investors: Strict financial regulation ensures that investors who use the GO Markets trading platform are protected against fraudulent or unethical behavior by the GO Markets platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the GO Markets platform.
  • Maintaining GO Markets Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the GO Markets trading platform. Regulatory procedures reduce the likelihood of the GO Markets platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing GO Markets Transparency: Regulations require trading platforms like GO Markets to maintain detailed records and disclose GO Markets client information. Financial regulatory requirements enhances transparency and helps to build trust between the GO Markets platform and its investors.

GO Markets is regulated by the Australian Securities and Investments Commission (ASIC). When selecting a broker such as GO Markets, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, GO Markets ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like GO Markets.

Is GO Markets a con?

GO Markets is regulated and well established, having been in business for over 14 years. GO Markets is not a con.

Can you make money with GO Markets?

Although traders have had great success with GO Markets, trading on the financial markets with GO Markets is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does GO Markets have fees?

GO Markets withdrawal fees vary on payment method.GO Markets doesn't charge inactivity fees. GO Markets do charge deposit fees.

When was GO Markets founded?

GO Markets was founded in 2009.

How many people use GO Markets?

GO Markets is used by over 10,000 registered GO Markets users.

What is GO Markets Headquarters country?

GO Markets has its head quarters office in Australia .

Does GO Markets offer negative balance protection?

GO Markets does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does GO Markets offer guaranteed stop loss?

GO Markets does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does GO Markets allow scalping?

GO Markets offers scalping.

Does GO Markets allow hedging?

GO Markets offers hedging.

Does GO Markets offer CFD trading?

GO Markets offers CFD trading.

Does GO Markets offer STP?

GO Markets offers STP trading.

How many people use GO Markets?

GO Markets is used by over 10000 GO Markets users and traders.

Is GO Markets an ECN broker?

GO Markets offers ECN trading.

Does GO Markets offer a demo account?

GO Markets does not offer demo account.

Does GO Markets offer an Islamic account?

GO Markets does not offer Islamic accounts.

What are the funding methods for GO Markets?

Please note that funding methods and options available with GO Markets can be found in the GO Markets Members area and depend on the GO Markets clientโ€™s country of residence. Please check your specific available payment methods on the GO Markets website. GO Markets accept the following funding methods : Credit cards, Bank transfer, PayPal, BPAY, POLi, UnionPay, DebitCard.

GO Markets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the GO Markets brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

GO Markets review written by Mark Hansen of Comparebrokers.co