GOMarkets Review Scores
GOMarkets
www.gomarketsaus.com/
Overall Score: 2.9 / 5
Total Votes: 88
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GOMarkets Discussion
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sherryW

Member Since Jul 26, 2011  1 posts sherryW Jul 26 2011 at 17:58

michigansurveys posted:
    I have been with GoMarkets for about a month, and I have to say I am very pleased. Especially there customer service. I have always had prompt responses to my questions. I run metatrader on a VPS, and it seems to be a stable data feed. Would highly recommend them.
Thanks


Have you ever check that Go market's price is always weird? I am a new trader, i realize the dealer price always higher than i click, sale price lower than I sale. Is this normal? Sometimes I am very angry about this. The price always gone.
Usually click and wait for a long time to deal.
delay super long enough to delivery a babe...
 Is there other broker better than Go Market? or all the broker has this kind of problem?

primevalea

Member Since Jan 14, 2010  449 posts primevalea Jul 26 2011 at 18:06
sherryW posted:
    
michigansurveys posted:
    I have been with GoMarkets for about a month, and I have to say I am very pleased. Especially there customer service. I have always had prompt responses to my questions. I run metatrader on a VPS, and it seems to be a stable data feed. Would highly recommend them.
Thanks


Have you ever check that Go market's price is always weird? I am a new trader, i realize the dealer price always higher than i click, sale price lower than I sale. Is this normal? Sometimes I am very angry about this. The price always gone.
Usually click and wait for a long time to deal.
delay super long enough to delivery a babe...
 Is there other broker better than Go Market? or all the broker has this kind of problem?


Go Markets is a bad Market Maker Broker (almost a scam), if you want a good Australian Broker try Pepperstone, other good choices are ATC Brokers (from US) and FinFX (from Finland).

Money makes more money $ ... $$$
leon

Member Since Aug 17, 2011  2 posts kiwi learning to fly (leon) Oct 03 2011 at 07:35
Go Markets rate highly for customer service as they gave prompt replies to all of my email queries.
However, they are often slow to execute trades, waiting up to a minute is not acceptable, but overlooking this shortcoming, I am still using them.

mbirrell

Member Since Sep 27, 2011  22 posts Martin Birrell (mbirrell) Oct 03 2011 at 08:53
I am with them too and can't say I have any problems. However I haven't looked too closely at their market execution times. I run all my trades from a VPS so I would hope that the times are very fast. I will be looking into this however I have been making pips and am not too concerned.

Who dares wins
kecjung

Member Since Jul 09, 2011  20 posts FFMC (kecjung) Nov 07 2011 at 07:17
I never ever recommend this broker! Firstly, they never lose their money from client's deposit. When I deposited the very first 500 AUD by paypal, they have only credited 480 something AUD to my account. A slight disappointment. The biggest disappointment is their trading margin is really huge! They charge almost 13.5 units for 1 x 0.01 (micro) trading lot. This is huge! While the average trading margin of other brokers is in between 5 to 10 units per 0.01 lot trading (micro account). Recently I have opened up another personal account at AVAFX and surprisingly they provide excellent 3.4 units for 1 x 0.01 trading lot!

primevalea

Member Since Jan 14, 2010  449 posts primevalea Nov 08 2011 at 07:27

   primevalea posted:
   sherryW posted:
    
michigansurveys posted:
    I have been with GoMarkets for about a month, and I have to say I am very pleased. Especially there customer service. I have always had prompt responses to my questions. I run metatrader on a VPS, and it seems to be a stable data feed. Would highly recommend them.
Thanks


Have you ever check that Go market's price is always weird? I am a new trader, i realize the dealer price always higher than i click, sale price lower than I sale. Is this normal? Sometimes I am very angry about this. The price always gone.
Usually click and wait for a long time to deal.
delay super long enough to delivery a babe...
 Is there other broker better than Go Market? or all the broker has this kind of problem?


Go Markets is a bad Market Maker Broker (almost a scam), if you want a good Australian Broker try Pepperstone, other good choices are ATC Brokers (from US) and FinFX (from Finland).


Go Markets and Pepperstone isn't worth it anymore, terrible slippages all the time and very bad trade execution.
I'd suggest ATC Brokers.

Money makes more money $ ... $$$
Neutral

Member Since Aug 09, 2011  23 posts Neutral Mar 24 2012 at 13:41
Anyone had any issues lately running their EA through GO Markets?

I know their spreads can blow out horrendously at times (non-peak trading times and news announcements) so i was wondering what sort of results are being obtained with EA's knowing the spread blowouts?

Neutral

Member Since Aug 09, 2011  23 posts Neutral Mar 29 2012 at 12:38 (edited Mar 29 2012 at 12:38 )
Email distributed by GO Markets today:


IMPORTANT INFORMATION
Changes to GO Trader MT4


Dear Client,

This coming week we will be taking action to prepare our MetaTrader platform for the addition of new products for clients to trade. In doing so, we will be enhancing our price feed through the addition of new liquidity providers, providing you with STP access to even deeper liquidity.

Along with the changes, will come a minor amendment to the take profit and stop loss limit. Commencing from market open on Monday the 2nd of April 2012 08:00 AEST, there will be a minimum of 3 pips (0.0003) from the market price to enter a stop loss and take profit.

This amendment is one that will ensure GO Markets is in keeping with the industry standard for MetaTrader order types, and will also allow for the introduction of additional financial instruments to the GO Trader MT4 Platform for clients to trade. More information regarding the addition of new products to the platform will be arriving soon, so stay tuned.

We have undertaken some initial analysis and can confirm that this will not affect many clients. However, those traders using trading robots / EA’s – you will need to amend your settings to reflect this change.

ForexPro

Member Since May 10, 2010  364 posts ForexPro Mar 29 2012 at 13:05
GO on its further way to be a mt4 bucket shop. Why dont they just tell their clients: We dont like scalpers! Go away!

incometrader

Member Since Aug 22, 2012  94 posts Steven Jennel (incometrader) Feb 01 2013 at 07:32
Elkart posted:
I'm checking them out, and as they are Ozzy regulated I think they have a very big stick hanging over their head. Last time I was in Ozzy I got on a boat the lake police arrived, I climbed on jet ski in a river the river police arrived, I went to the U2 concert in Sydney the damn concert police arrived, you go for a drive down the road all the police arrived!!

So I reckon there's safety in using an Ozzy company...I think their regulators will have teeth unlike the American counter parts.

And they don't have all the stupid hedging and other rules, and they offer decent mini's.



Hahaha! It's so funny cause it's so true about Aussie police! You can hardly set off a party popper without alerting the police!. I was arrested and questioned when I was 13 because I stuck my tongue out at a policeman who growled at me for leaning against a shop front!! :D

understanding risk, money management and probability is the key to success
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