GO Markets is a leading Australian broker that was founded in 2006. They provide their 80,000+ clients across the globe access to more than 250 tradable instruments spread across multiple markets, such as forex, cryptocurrency, stocks, indices, metals, energies, and commodities. The broker offers the powerful MetaTrader 4 and MetaTrader 5 trading platforms, a selection of useful trading tools, an extensive range of free educational courses, and reliable trading conditions, with competitive spreads and good execution speeds.
GO Markets Review Introduction
In this GO Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including GO Markets.
GO Markets Platforms & Tools
GO Markets provides their clients with the power MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are the most widely used among forex and CFD traders. While MT4 is primarily used for trading the forex market, MT5 is a multi-asset CFD trading platform.
Both platforms are freely available as web trading terminals that run on Chrome and other modern browsers, desktop applications for Windows and Mac computers, and mobile trading apps for Android and iOS devices.
The MT4 platform is intuitive and user-friendly and supports multiple order types, automated trading, and custom indicators and scripts. MT5 is a powerful trading platform with market depth and a separate system for accounting for orders and trades. There is also FIX API connectivity for clients who want direct market access, but it’s not available to all clients.
Apart from the built-in tools in the platforms, the broker also provides some third-party, such as Myfxbook AutoTrade, Autochartist, MetaTrader Genesis, Trading Central, a-Quant Daily Trading Strategies, and Virtual Private Servers (VPS).
GO Markets Research & Education
The broker has, on their website, a dedicated education center with a selection of materials that can help you improve your trading knowledge. The educational resources include trading ebooks, video tutorials, educational courses, and webinars.
GO Markets Trading Accounts
GO Markets offer two account types:
- GO Markets Standard Account: The minimum deposit is $200. There is no commission, but the spreads are marked up and usually start from 1.1 pips
- GO Markets Plus Account: The minimum deposit is $500, and the spreads start from 0 pip. There is a competitive commission of $6 per lot per round turn. This account type is more suitable for traders whose strategies require tight spreads, such as scalpers.
GO Markets Account Funding
The broker accepts a variety of convenient methods for depositing and withdrawing funds. They include bank wire, credit card, and online payment systems, such as Neteller, Skrill, POLi, FasaPay, and BPay.
GO Markets Customer Service
GO Markets has a multilingual customer support team that is available 24/5 to help with all general and technical questions. They can be reached via online chat, telephone, and email.
GO Markets Regulation
GO Markets is registered in Australia and is authorized to operate a financial services business under its Australian Financial Services License AFSL 254963. The broker is licensed and regulated by the Australian Securities and Investments Commission (ASIC).
GO Markets Review Summary
GO Markets is a regulated broker that offers over 250 tradable instruments. The broker provides clients with MT4 and MT5 platforms, FIX API, a range of trading tools, and a dedicated educational center.
It is worth mentioning that some of the trading products and services in this GO Markets review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the GO Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage 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.