GO Markets

Platform
Pricing
Customer service
Features

GO Markets Overall Information

Company Full Name:
GO Markets Pty Ltd
Operating since year:
2006
Country:
Australia
Broker type:
Market Maker
Timezone:
(GMT +2:00) South Africa, Jerusalem
Accepting US clients?:
Minimum deposit ($)
0.0
Max. Leverage:
1:500

About GO Markets

GO Markets is a notable Forex and CFD broker established in 2006. Headquartered in Australia, GO Markets has earned a reputation for delivering competitive trading conditions, innovative technology, and user-focused services, making it a popular choice for traders globally.

GO Markets has been at the forefront of adopting advanced trading platforms since its inception, notably becoming the first broker in Australia to offer MetaTrader 4 to its clients. Today, the broker provides access to MT4 and MT5, catering to traders of all experience levels with its robust and intuitive trading environment.

With over 600 assets available for trading, including forex, commodities, indices, and shares, GO Markets provides its clients with a diverse and comprehensive trading experience. The broker is also committed to helping traders improve their skills and knowledge through various resources, including high-quality educational content and customer support, making it a standout option for traders seeking a reliable platform.

Customer Support

GO Markets ensures comprehensive customer support to meet the diverse needs of its traders. Available 24/7, their multilingual support team can be reached via live chat for immediate assistance, email for more detailed inquiries, and phone lines covering Australia, the UK, and international regions. 

GO Markets - Pros & Cons

Pros of trading with GO Markets

  • Easy and fast account opening
  • Low Forex fees
  • Good selection of educational resources
  • No inactivity fee
  • No withdrawal fee
  • Negative balance protection
  • No minimum deposit
  • Multiple trading platforms
  • Free VPS hosting
  • Scalping/Hedging is allowed

Cons of trading with GO Markets

  • Limited range of tradable instruments
  • No investor protection for non-EU clients
  • Limited payment processors
  • Only offers two account types

Safety and Regulations

Trading Regulators

GO Markets operates under a robust regulatory framework, offering a secure and trustworthy trading environment for clients around the world.

The broker is regulated by several prominent authorities, including:

  • Australian Securities and Investments Commission (ASIC)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Financial Services Commission (FSC) of Mauritius

Security

Client fund protection is a top priority for GO Markets. The broker maintains segregated accounts for all client funds, ensuring that these funds are kept separate from company capital and safeguarded in top-tier financial institutions. This approach helps protect traders’ assets even in the unlikely event of corporate financial issues.

To further enhance security, GO Markets uses advanced encryption technologies to protect all data transmissions, ensuring the confidentiality of personal and financial information. The broker also employs two-factor authentication (2FA) for added account access security, reducing the risk of unauthorized logins and ensuring only verified users can manage their accounts.

Negative balance protection is provided to all clients, meaning traders cannot lose more than the amount they deposit. This risk management feature shields clients from owing money in the event of highly volatile market movements, supporting a safer trading experience.

Transparency

GO Markets upholds high standards of transparency, providing clients with clear and comprehensive information regarding trading conditions, account features, leverage options, and potential risks. By clearly disclosing all relevant trading details, the broker empowers clients to make informed decisions and trade with confidence.

Tradable Instruments

GO Markets offers a well-rounded selection of over 1,000 trading instruments, appealing to traders seeking both diversity and flexibility. With access to global markets across multiple asset classes, the platform supports a wide range of trading strategies, from short-term speculation to long-term investing.

Tradable Assets and Markets at Go Markets

Forex

GO Markets provides access to over 50 currency pairs, including major, minor, and exotic pairs. With leverage of up to 1:500 and tight, competitive spreads, the platform is built for both beginner and advanced forex traders.

Cryptocurrencies

Traders can engage in cryptocurrency CFDs with leverage up to 20:1. GO Markets offers access to popular digital assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). With 24/7 trading availability and the ability to go long or short, crypto CFDs provide an accessible way to participate in the volatility of the crypto markets without owning the underlying assets.

Commodities

GO Markets supports commodities trading via CFDs, offering exposure to precious metals like gold and silver as well as other commonly traded commodity markets. These instruments are ideal for hedging against inflation or diversifying portfolios, and they can be traded without the need for physical delivery or ownership.

Indices

Index CFDs are a major feature at GO Markets, allowing traders to speculate on the performance of entire stock markets. The platform offers access to both cash and futures indices, including key benchmarks such as the S&P 500, NASDAQ 100, Dow Jones Industrial Average, FTSE 100, DAX 40, and ASX 200. With leverage up to 500:1, traders can manage positions efficiently while taking advantage of global market trends.

Stocks

GO Markets provides CFD trading on shares from major global exchanges, including the ASX, HKEX, and US markets. Traders can go long or short on stocks such as Apple, Tesla, or Alibaba, using leverage up to 20:1. Share CFDs are available exclusively on the MetaTrader 5 platform and are priced at real market value, with commissions charged per trade. This setup allows for precise execution and access to corporate news events and earnings movements.

ETFs

GO Markets also supports CFD trading on Exchange-Traded Funds (ETFs), enabling exposure to various indices, sectors, commodities, and asset classes. ETF CFDs can be traded long or short with leverage up to 20:1. This makes them a convenient option for diversifying portfolios while maintaining control over position sizing and direction.

Account Types

GO Markets provides a range of account types designed to cater to traders of all experience levels. Each account type offers distinct trading conditions, allowing clients to select the option that best aligns with their trading goals and strategies.

Go Markets Live Accounts

Standard Account

The Standard Account offered by GO Markets is ideal for traders seeking a straightforward and user-friendly trading experience. This account type provides access to a wide range of financial instruments, including forex, share CFDs, indices CFDs, commodity CFDs, and crypto CFDs. The account’s flexible spreads start at 1.1 pips, ensuring a balanced combination of affordability and value for traders.

GO Markets collaborates with over 22 liquidity providers, enabling it to deliver tight spreads and reliable trade execution. The Standard Account is commission-free, making it an attractive choice for both new and experienced traders. Additionally, traders can leverage up to 1:500, enhancing their trading potential. The account supports the use of automated trading strategies via Expert Advisors, ensuring compatibility with diverse trading styles.

GO Plus+ Account

For seasoned traders seeking advanced tools and lower trading costs, the GO Plus+ Account provides access to the same diverse range of markets as the Standard Account, allowing traders to engage with over 600 tradable assets, and offers some upgraded features such as raw spreads starting from 0.0 pips. It also includes personalized support from a professional account manager, who assists traders in optimizing their strategies and meeting specific trading requirements. This account is designed to offer a professional-grade trading experience, combining advanced tools with excellent customer support.

Demo Account

GO Markets offers a demo account compatible with the MetaTrader 4 and MetaTrader 5 platforms. This account type is particularly beneficial for individuals who are new to forex trading or for experienced traders looking to test new strategies in a risk-free environment. This account replicates real-market conditions, enabling traders to gain hands-on experience with market dynamics and platform functionalities without any financial commitment.

Islamic Account

GO Markets accommodates traders who follow Islamic principles by offering a Swap-Free Trading Account, also known as an Islamic Account. Compatible with MetaTrader 4 and MetaTrader 5 platforms, this account eliminates interest charges on overnight positions, replacing them with a standard administrative fee to ensure compliance with Shariah law. The Islamic Account provides access to over 1,000 trading instruments, including forex, cryptocurrencies, indices, and commodities, allowing traders to diversify their portfolios while adhering to their religious beliefs.

Supported Platforms

GO Markets offers an array of trading platforms to suit traders at all levels, ensuring they have the necessary tools for success in the dynamic world of Forex trading. 

The trading platforms supported by Go Markets:

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • cTrader
  • Web Platform
  • Mobile Platform
  • MT4 (via bridge)
  • TradingView

Overview of Go Markets’ Trading Platforms

MetaTrader 4

GO Markets provides access to MetaTrader 4 (MT4), known for its intuitive interface. MT4 is equipped with powerful charting tools, technical indicators, and the option for automated trading via Expert Advisors (EAs). With GO Markets, MT4 is available for download on both desktop and mobile devices, allowing you to trade seamlessly on the go. The platform also delivers competitive spreads, enhancing the trading experience for both new and experienced traders. The combination of powerful features and ease of use has helped MT4 remain a top choice for Forex and CFD traders.

MetaTrader 5

For those seeking more advanced tools, GO Markets also offers MetaTrader 5 (MT5), an enhanced version of MT4 that provides additional features for more demanding traders. While MT5 retains all the core functionalities of MT4, it adds more timeframes, extra technical indicators, and improved charting capabilities. MT5 also supports algorithmic trading and its ability to handle multiple asset types, including shares, commodities, and cryptocurrencies. Like MT4, MT5 is accessible on desktop and mobile devices, ensuring traders can access the markets from anywhere.

cTrader

For traders who prioritize fast execution speeds and advanced charting tools, GO Markets offers cTrader, ideal for traders who need a detailed view of the market for informed decision-making. The platform’s algorithmic trading capabilities allow users to build and deploy custom trading robots, enhancing trading efficiency. Additionally, cTrader’s intuitive user interface and quick order execution make it an excellent choice for scalpers and day traders who rely on precise and rapid trades. With cTrader, GO Markets provides a reliable, high-performance platform that suits traders who need speed and transparency in their trading operations and the platform is fully compatible with mobile devices.

GO Markets Web Platform

For those who prefer not to download any software, GO Markets offers a WebTrader platform that can be accessed directly through your browser. This platform provides all the essential trading tools and features without the need for installation. Although it may not be as feature-rich as its desktop counterparts, WebTrader offers traders a convenient way to access their accounts and trade on any device with internet access. It’s perfect for traders looking for a quick and easy solution without compromising on the quality of the trading experience.

GO Markets MobileTrader App

To ensure flexibility for traders on the go, GO Markets offers the MobileTrader app, available for both iOS and Android devices. With the MobileTrader app, traders can manage their accounts, monitor the markets, and execute trades at any time, from anywhere. The app brings the full power of GO Markets’ desktop platforms to mobile devices, ensuring that traders never miss an opportunity.

Whether you are using MT4, MT5, or cTrader, the mobile app offers a seamless trading experience, allowing traders to stay connected with the market no matter where they are. It’s an excellent tool for both beginners and experienced traders who want to trade freely and flexibly.

Trading Features

Copy Trading

GO Markets offers an innovative and user-friendly copy trading feature, enabling traders to automatically copy the trades of top-performing traders in real time, making it easier for those without extensive experience to enter the forex market and make informed trading decisions.

With GO Markets copy trading, users can browse a variety of professional traders with proven track records, select those whose strategies align with their own risk tolerance and investment goals, and copy their trades automatically. This allows traders to replicate the success of more experienced market participants without needing to actively manage trades themselves.

The copy trading feature is fully integrated with GO Markets platform, offering a seamless experience for users. Additionally, it comes with a variety of customization options, allowing traders to adjust their risk levels and choose from a range of trading strategies. The process is transparent, as traders can view the performance statistics of those they wish to copy, providing valuable insights into each trader’s strategy and success rate.

Rebates

Forex rebates provide traders with a valuable way to offset some of their trading expenses. By leveraging the PaybackFX cashback program, traders can boost their overall returns by receiving rebates on each trade executed with a GO Markets account or by setting up a new account via PaybackFX.

Check out the table below to discover the rebate options available for your GO Markets account through PaybackFX:

Standard Plus+
FX 0.3 Pips/Round Turn Lot 15% Of Commissions
Metals 0.3 Pips/Round Turn Lot 15% Of Commissions
Oil 0.15 Pips/Roung Turn Lot 0.15 Pips/Roung Turn Lot
Indices 0.075 Pips/Roung Turn Lot 0.075 Pips/Roung Turn Lot

Commission and Fees

GO Markets offers a flexible and transparent pricing model tailored to a variety of trading styles. With a choice between commission-free and low-commission accounts, and no hidden charges on deposits or withdrawals, GO Markets is well-suited for both casual and active traders.

Trading Fees

GO Markets provides two main account types with distinct pricing models, ensuring flexibility for traders with different strategies and preferences. The Standard Account offers commission-free trading with spreads starting from 0.8 pips, ideal for beginners or those preferring simplicity.

And the GO Plus+ Account offers Raw spreads from 0.0 pips, paired with a commission of AU$ 3 per side per standard lot traded. This option appeals to professional or high-frequency traders seeking precise cost control.

CFD trading on GO Markets follows the same spread and commission models depending on account type. Overnight financing charges (swap rates) apply when positions are held past the daily close. These fees are instrument-specific and transparently displayed within the platform to help traders plan longer-term positions effectively.

Forex traders benefit from tight spreads and the choice between commission-based or spread-only pricing. The GO Plus+ account, with its raw pricing and low commissions, is especially competitive for forex scalping or algorithmic strategies.

Inactivity Fee

GO Markets does not charge inactivity fees, allowing traders to step away from the markets without incurring penalties. This makes it a practical choice for those who trade intermittently or seasonally.

Swap rates are applied to positions held overnight and vary by asset and market conditions. GO Markets ensures full transparency of these charges through its trading platforms, allowing users to manage overnight exposure with clear expectations.

Currency conversion fees may apply when depositing or trading in a currency that differs from the account’s base currency. Although GO Markets does not charge deposit or withdrawal fees, traders should check with their payment provider for any third-party costs.

Deposits and Withdrawals

Deposits

GO Markets offers a user-friendly and flexible funding experience, with no minimum deposit required to open either a Standard or GO Plus+ account. This approach makes the platform accessible to traders of all experience levels, from beginners to seasoned professionals.

Getting started is simple. After verifying your account with a government-issued ID and proof of residence, you can instantly fund your account using a variety of payment options. GO Markets supports credit and debit cards, bank transfers, and popular e-wallets such as Skrill and Neteller.

Deposits are generally processed instantly, allowing traders to start trading with minimal delay. Bank transfers, however, may take up to three business days to reflect.

Withdrawals

Withdrawals at GO Markets are straightforward and designed for convenience. Traders can request withdrawals through their client portal, with funds returned to the original deposit method, whether that’s a credit card, debit card, or bank transfer.

GO Markets does not apply internal withdrawal fees, helping you retain more of your trading profits. That said, external banking or service provider charges may still apply, especially for international transactions. Most withdrawal requests are processed within 1 to 3 business days, offering a reliable and efficient experience.

Brokers Comparison

GO Markets vs InstaForex

When comparing Go Markets with Eightcap, both brokers offer unique features and advantages. Our comparison tables below provide an overview of their spreads, quotes, and trading volumes to help you choose the right broker.

GO Markets vs InstaForex Spreads

Compare the spreads from Go Markets and Eightcap in the table below to find the most cost-effective option for your trades.

Brokers EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP
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Brokers
EURUSD - -
GBPUSD - -
USDJPY - -
GBPJPY - -
USDCAD - -
EURAUD - -
EURJPY - -
EURGBP - -

GO Markets vs InstaForex Quotes

Check the quotes from Go Markets and Eightcap in the table below to compare bid and ask prices across different currency pairs.

Brokers EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP
- - - - - - - -
- - - - - - - -
Brokers
EURUSD - -
GBPUSD - -
USDJPY - -
GBPJPY - -
USDCAD - -
EURAUD - -
EURJPY - -
EURGBP - -

GO Markets vs InstaForex Volume

Refer to the volume comparison table below to analyze the trading activity between Go Markets and Eightcap, helping you identify which broker supports higher market volumes.

Brokers EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP
- - - - - - - -
- - - - - - - -
Brokers
EURUSD - -
GBPUSD - -
USDJPY - -
GBPJPY - -
USDCAD - -
EURAUD - -
EURJPY - -
EURGBP - -

GO Markets vs Pepperstone

When comparing Go Markets with Pepperstone, both brokers are well-known for their competitive pricing and reliable trading platforms. Check out our comparison tables to see how these brokers measure up in terms of spreads, quotes, and trading volumes.

GO Markets vs Pepperstone Spreads

Our comparison table below highlights the spread differences between Go Markets and Pepperstone, helping you decide which broker offers better value for your trades.

Brokers EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP
- - - - - - - -
- - - - - - - -
Brokers
EURUSD - -
GBPUSD - -
USDJPY - -
GBPJPY - -
USDCAD - -
EURAUD - -
EURJPY - -
EURGBP - -

GO Markets vs Pepperstone Quotes

Use the table below to view quotes from Go Markets and Pepperstone. It provides real-time data to help traders compare prices and choose the optimal trading pairs.

Brokers EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP
- - - - - - - -
- - - - - - - -
Brokers
EURUSD - -
GBPUSD - -
USDJPY - -
GBPJPY - -
USDCAD - -
EURAUD - -
EURJPY - -
EURGBP - -

GO Markets vs Pepperstone Volume

Check the volume comparison table below to evaluate market activity between Pepperstone and Go Markets, and see which broker offers higher market engagement.

Brokers EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP
- - - - - - - -
- - - - - - - -
Brokers
EURUSD - -
GBPUSD - -
USDJPY - -
GBPJPY - -
USDCAD - -
EURAUD - -
EURJPY - -
EURGBP - -

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GO Markets - FAQs

Go Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission (FSC) of Mauritius, ensuring adherence to strict industry standards and offering traders a secure trading environment.

Account opening is not available to US citizens with Go Markets.

Go Markets can be suitable for beginners due to its user-friendly trading platforms, access to educational resources, and responsive customer support.

Go Markets allows you to register an account by visiting their website and completing the straightforward registration process.

Go Markets provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), cTrader, known for its advanced tools and features. Go Markets also offers its proprietary platform.

Yes, Go Markets offers demo accounts via MetaTrader 4 and MetaTrader 5, allowing traders to practice in a risk-free environment.

Go Markets offers various account types, including the Standard Account and the GO Plus+ Account, catering to different trading styles and needs.

The Standard Account has no commission fees and includes a spread markup starting from 1.0 pip. The GO Plus+ Account has commission fees starting at $3 per side but offers tighter spreads starting from 0.0 pips.

Go Markets does not charge fees on most withdrawal methods. However, fees may apply for international bank wire transfers depending on your payment provider.

There is no minimum deposit required to open a Go Markets.

Go Markets offers leverage of up to 1:500, depending on the regulatory jurisdiction and the account type.

Spreads on Go Markets start from 0.0 pip on GO Plus+ Accounts, providing competitive pricing for traders.

Yes, Go Markets is suitable for scalping, offering tight spreads, fast execution speeds, and low latency.

Yes, Go Markets allows hedging across its supported trading platforms and account types.

Yes, Go Markets provides VPS hosting to traders, ensuring stable and uninterrupted connectivity for automated trading strategies.

Yes, Go Markets offers trading on cryptocurrency CFDs, enabling traders to speculate on price movements without owning the actual assets.