GO Markets review
GO Markets is a Multi-Assets Trading Platform with over 100+ Assets
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. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex, CFDs, Binary Options are considered financial assets.
GO Markets review
Features of GO Markets
- API Trading
- GO Markets offers Advanced Financial Chart comparison tools
- GO Markets offers Research-backed analysis on financial markets and investments from top analysts
- The GO Markets platform is available to use on multiple devices inclding Windows PC, IOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- GO Markets offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
- GO Markets users benefit from using the GO Markets platform in over 5 different languages
GO Markets review
What you should know
GO Markets offer three ways to trade: Forex, CFDs, Binary Options.
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.
GO Markets review
Are GO Markets safe?
When choosing a broker like GO Markets the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in 2009, and in operation for 12 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.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to GO Markets, this will be honored. If GO Markets violate any regulatory rules their regulated status could be stripped.
Losses can exceed deposits
GO Markets review
Is my money safe with GO Markets?
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 banks financial health and strength.
What are Tier 1 banks and why should GO Markets use them?
A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.
What does it mean to have your funds in GO Markets deposited in a Tier 1 bank?
Having any money you deposit with GO Markets means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if GO Markets goes out of business for some reason.
Therefore, we can safely conclude that GO Markets is secure and safe.
That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.
While trading in financial investments, losing money rapidly due to trading Forex, CFDs, Binary Options is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. GO Markets also clearly state on their platform that Losses can exceed deposits.
Now that we have answered some important questions regrding GO Markets. let us look at the GO Markets features in more detail.
Try creating two accounts when you are working with GO Markets. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit GO Markets
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
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eToro
![]() |
IC Markets
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XTB
![]() |
Year Established | 2009 | 2006 | 2007 | 2002 |
Head Office | Australia | Cyprus, UK | Australia | Poland |
Regulation | Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) |
Used By | 10,000+ GO Markets users | 17,000,000+ eToro users | 60,000+ IC Markets users | 250,000+ XTB users |
Negative balance protection | Yes | Yes | Yes | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit GO Markets | Visit eToro | Visit IC Markets | Visit XTB |
Risk Warning | Losses can exceed deposits | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
GO Markets review
GO Markets Pros and Cons
GO Markets review
GO Markets Regulation and Licensing in more detail
We have checked and GO Markets is regulated and supervised by reputable organisations. You are able to check every GO Markets supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with GO Markets. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.
The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect GO Markets traders and provide a safe trading environment. Financial regulation and license approval is essential.
GO Markets is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as GO Markets you should be sure they're legitimate online agent.
GO Markets review
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 nations including nations in Europe, Asia, Oceania, and Africa. Major countries GO Markets covers include the UK, Germany, Australia, South Africa, Thailand, and China. 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.
Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.
How GO Markets Fees Compare Against Other Brokers
Broker |
GO Markets
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Min Deposit | 1 | 200 | 200 | 0 |
Withdrawal Fees | Varies | Yes | No | varies |
Inactivity Fees | No | Yes | No | No |
Deposit Fees | Varies | No | Varies | No |
CFD Commission Fees | No | No | Yes | Yes |
GO Markets review
GO Markets Minimum Deposit
GO Markets require a minimum desposit of 1 GBP/USD 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.
Dont be scared off by brokers like GO Markets charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.
Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.
Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.
Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.
As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.
Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.
GO Markets review
GO Markets Withdrawal Fees
GO Markets withdrawal fees vary depending on your selected withdrawal payment method.
Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.
This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.
GO Markets for example allow you to withdraw your funds to Credit cards, Bank transfer, PayPal, BPAY, POLi, UnionPay, DebitCard.
GO Markets review
GO Markets Inactivity Fees
GO Markets does not charge a fee for inactive accounts.
An account inactivity fee is a fee charged to the registered brokerage client.
Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.
If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.
Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.
If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.
Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.
Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.
GO Markets review
GO Markets Desposit Fees
GO Markets does charge deposit fees.
Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.
GO Markets review
GO Markets Commission Fees
GO Markets does not charge commission on CFD instruments.
A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.
A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.
Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.
Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.
If a market order is not fulfilled by your brokerage usually no commission is charged.
Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.
GO Markets review
What can you trade with GO Markets?
Be aware that Different entities under GO Markets Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.
You can trade a wide variety of instruments with GO Markets over 100 instruments infact.
If you are looking at trading currency pairs GO Markets offer over 15 currency pairs.
Compare GO Markets with eToro and IC Markets below.
How GO Markets Trading Options Compare Against Other Brokers
Broker |
GO Markets
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eToro
![]() |
IC Markets
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XTB
![]() |
Instruments Available | 100 | 2000 | 232 | 4000 |
Platforms | MT4, Web Trader, Binary, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 15 | 50 | 65 | 57 |
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 | Yes | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 31 | 19 | 21 |
Metals | Yes | Yes | Yes | Yes |
Energies | No | Yes | Yes | Yes |
Agricultural | No | Yes | Yes | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2042 | 110 | 1696 | |
UK Shares | No | Yes | No | 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 eToro
67% of retail investor accounts lose money when trading CFDs with this provider. |
Visit IC Markets
Losses can exceed deposits |
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
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 making it easier to keep an eye on and execute your trades while you’re on the move.
See GO Markets's platforms
GO Markets review
Is the GO Markets Trading Platform Secure?
GO Markets safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. GO Markets also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating GO Markets.
GO Markets review
GO Markets Trading Platform Options
Once you have logged into your GO Markets account you will see the below trading platform options available to you.
- MetaTrader 4 (MT4)
GO Markets does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here
GO Markets does not offer the cTrader trading platform. You can find a broker that supports cTrader here
Lets explore each of these trading platforms in detail and what options GO Markets gives you.
GO Markets review
GO Markets MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with GO Markets. You can learn more about the MT4 Platform 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 PC's and Apple Macintosh computers. GO Markets MetaTrader 4 is compatible with the latest macOS Mojave. 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 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.
Trade GO Markets MetaTrader 4 on IOS Devices
You can download the GO Markets app or also trade with GO Markets through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.
Trade GO Markets MetaTrader 4 on Android Devices
Andorid mobile devices and tablets are used by millions of people globally. GO Markets provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android GO Markets MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.
Trade GO Markets MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:
- Analyst Perspectives - A go-to resource for leadership and key levels.
- Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.
GO Markets MetaTrader 4 Advanced Trading Tools
The GO Markets advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. GO Markets offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.
Trade GO Markets MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.
GO Markets MetaTrader 4 AutoChartist
GO Markets Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.
GO Markets Trading benefits :
- Allows scalping
- Allows hedging
- Offers STP
- Low min deposit
GO Markets Trading Accounts Offered :
- Mini account
- Standard account
- ECN account
- STP account
Can I try GO Markets before I buy?
GO Markets offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
Losses can exceed deposits
GO Markets withdrawal and funding methods.
Please note that the list of GO Markets payment methods below depend on the GO Markets Entity and the Clients Country of Residence.
All available GO Markets payment methods available to you can be found in your GO Markets members area checked on the GO Markets website.
GO Markets offer the below funding payment methods. learn more about GO Markets
GO Markets Payment Methods
- 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
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | Yes | Yes |
Paypal | Yes | Yes | Yes | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | Yes | No | Yes |
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?
When opening a trading account with GO Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on GO Markets trading platforms here.
Losses can exceed deposits
Performing trades with GO Markets
With GO Markets, the minimum and maximum trade requirements vary depending on the trader and the instrument. As GO Markets offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.
As with most brokers, margin requirements do vary depending on the instruments.
GO Markets Leverage and GO Markets CFDs Explained
let's take a look at some of the basics of using GO Markets leverage.
GO Markets offer CFD which are a leveraged product for this example we describe ten times leverage.
So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.
So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.
GO Markets leverage magnifies both profits and losses when trading.
Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the GO Markets trading platform.
let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.
It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.
Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.
The GO Markets leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.
GO Markets CFDs are typically used for short to medium term trades. For example GO Markets intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.
Always be aware that CFDs are complex instruments and come 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 get a have a good understanding of the GO Markets trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with GO Markets and externally.
GO Markets offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.
Having an analytical approach may be a good way to approach trading with GO Markets.
Take time to look around the GO Markets platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.
Customer Support at GO Markets
GO Markets support a wide range of languages including English, French, Chinese, Spanish, Arabic.
GO Markets have a triple AAA grade support and customer service rating because they offer a wide range of languages, live chat, email and phone support.
GO Markets customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.
Your customer service experience with GO Markets has to be a positive one for you to effectively trade the financial markets on the GO Markets platform. GO Markets should make sure all of your questions are answered and your GO Markets platform issues solved. When a 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 have a great client support team, which is why we have rated their customer service highly.
Livechat Support at GO Markets
We tested the GO Markets live chat and it works well. We sent messages to GO Markets livechat through their app and website and recieved a response within 3 minutes. Its important you test the GO Markets chat service yourself. a responsive chat service from GO Markets gives a great support experience to GO Markets chat service users. Its much better than waiting days for an email.
We tested communicating with GO Markets support in multiple languages in multiple countries. The GO Markets help center where able to quickly resolve our customer issues.
Email Support at GO Markets
We sent several emails to GO Markets and answer times overall were excellent. The fastest response from GO Markets was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with GO Markets, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall very good email support from GO Markets.
Phone Support at GO Markets
We called GO Markets and the call was answered very quickly. The call was answered in less than 1 minutes.
The GO Markets phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual GO Markets team by calling in varying languages. GO Markets made an effort to make sure our queries were answered.
Overall great phone support from GO Markets.
See how GO Markets Support Compares Against Other Brokers
Broker |
GO Markets
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eToro
![]() |
IC Markets
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XTB
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Support |
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|
|
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Languages | English, French, Chinese, Spanish, Arabic | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |
Learn More | Visit GO Markets | Visit eToro | Visit IC Markets | Visit XTB |
Risk Warning | Losses can exceed deposits | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
What you will need to open an account with GO Markets
As GO Markets is regulated by Australian Securities and Investments Commission (ASIC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
Be aware Please kindly note that the expiration date of Proof of address document for different entities under GO Markets Brand may be different.
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.
While you might be able to explore GO Markets's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with GO Markets you can visit the GO Markets trading platform here.
CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.gomarkets.com.au/ on January 25, 2021.
GO Markets review
Is GO Markets A Good Broker?
We spent over 3 months examining GO Markets in depth. Although we found some very useful aspects of the GO Markets platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative GO Markets broker.
- GO Markets have a good track record of offering Forex, CFDs, Binary Options.
- GO Markets has a history of over 12 years.
- GO Markets has a reasonable sized customer support of at least 10.
- GO Markets are regulated by Australian Securities and Investments Commission (ASIC). This means GO Markets fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- GO Markets have regulation from a Tier 1 reputable country.
- GO Markets has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- GO Markets have an international presence in multiple countries. This includes local GO Markets seminars and training.
- GO Markets are able to hire people from various locations in the world who can better communicate in your local language.
GO Markets Risk Disclaimer
Losses can exceed deposits
GO Markets review
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.
If you feel some of the above GO Markets are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of GO Markets alternatives below.
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GO Markets review
Related GO Markets Vs Comparisons
We have covered allot in this GO Markets review, If you want to see how GO Markets compares side by side with other brokers check out our GO Markets Vs pages.
If you would like to see how GO Markets stands up against other brokers you can read some of our GO Markets comparisons below. We compare side by side some of our top rated GO Markets versus comparisons. Read our indepth GO Markets VS pages below.
- GOMarkets vs eToro
- GOMarkets vs ICMarkets
- GOMarkets vs XTB
- GOMarkets vs FPMarkets
- GOMarkets vs Roboforex
- GOMarkets vs Trading212
- GOMarkets vs Plus500
- GOMarkets vs Pepperstone
- GOMarkets vs easyMarkets
- GOMarkets vs XM
- GOMarkets vs FXPrimus
- GOMarkets vs SpreadEx
- GOMarkets vs Forex.com
- GOMarkets vs CityIndex
- GOMarkets vs OctaFX
- GOMarkets vs NordFX
- GOMarkets vs Markets.com
- GOMarkets vs IG
- GOMarkets vs HYCM
- GOMarkets vs Axitrader
- GOMarkets vs Swissquote
- GOMarkets vs AvaTrade
- GOMarkets vs ForexMart
- GOMarkets vs Eightcap
- GOMarkets vs AdmiralMarkets
- GOMarkets vs ForTrade
- GOMarkets vs FxPro
- GOMarkets vs PhoenixMarkets
GO Markets review
GO MARKETS Frequently Asked Questions
Read our detailed GO Markets FAQ Section updated for 2021.
Can I try GO Markets before I buy?
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 depend on the GO Markets Entity and the Clients 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
Is GO Markets safe?
GO Markets are considered safe 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 banks financial health and strength.
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 active 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 12 years. GO Markets offers clients Forex trading, CFDs trading, and Binary Options trading. All funds deposited to GO Markets are held in segregated tier 1 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 is overseen by the top tier financial regulators Australian Securities and Investments Commission (ASIC) so can be considered a good broker. GO Markets allows Forex trading, CFDs trading, and Binary Options trading.
Is GO Markets trustworthy broker?
GO Markets can be considered trustworthy. All money funded to GO Markets is placed into a segregated tier 1 bank account. this means your money in not held by GO Markets directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also GO Markets is regulated by 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 but averages 2-5 days.
Is GO Markets regulated?
GO Markets is regulated by 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 purchased by GO Markets even if no buyer 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. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on GO Markets trading platforms here.
Is my money safe with GO Markets?
GO Markets is regulated by Australian Securities and Investments Commission (ASIC). One of the most important criteria for traders when choosing a broker like GO Markets is the regulatory body and regulatory status of the broker.
Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to GO Markets, this will be honored.
If they violate any regulatory rules their regulated status can be stripped.
Is GO Markets a con?
GO Markets is regulated and well established having been in business for over 12 years. GO Markets is definitely 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 varies on payment method. GO Markets doesn't charge inactivity fees. GO Markets does 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 means 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 guarenteed 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 available with GO Markets can be found in the GO Markets Members area and depend on the GO Markets client’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.