FBRForex Broker Rating
ET
Written by Editorial Team
Updated
Go Markets logo

Go Markets Review

Overall Rating
4.5 / 5
Fees
4.6 / 5
Safety
4.6 / 5
Platforms
4.6 / 5
Education
4.0 / 5
Min. deposit
$0

GO Markets — At a Glance

Regulation
ASIC (Australia), CySEC (Europe), FSA (Seychelles), FSC (Mauritius)
Broker Type
STP, ECN
Minimum Deposit
$0
Payment Methods
Bank Transfer, Debit Cards, Credit Cards, Cryptocurrency, PayPal, Skrill, Neteller, PayID, BPAY
Account Currencies
AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, HKD
Assets Offered
Forex, CFDs
Trading Platforms
Mobile App, Desktop Platform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Demo Account
Yes
Maximum Leverage
1:500
Spread Type
Variable
Spread From
Standard Account: 0.8 pips Go Plus+ Account 0.0 pips
Commission
Standard Account: No commission, Go Plus+ Account: $2.50 commission per lot per side
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
100
Swap Free Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Joint Account
Yes
Social / Copy Trading
Yes
Hedging
Yes
Scalping
Yes
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
Yes
Bonuses
Yes
Contests
No
Headquarters
Level 7, 447 Collins Street, Melbourne, VIC, 3000, Australia.
International Offices
Australia, Cyprus, Mauritius, Seychelles
Languages
English, Spanish, French, German, Polish, Indonesian, Portuguese, Mandarin, Chinese, Malay, Vietnamese, Thai, Arabic, Urdu, Hindi
Customer Support
Live Chat, Email, Telephone

Pros & Cons

Pros

  • +Strong regulatory oversight.
  • +Established in 2006 with a strong and proven track record.
  • +Segregated client funds.
  • +Negative balance protection.
  • +Wide range of global market access through CFDs.
  • +Fast and simple account setup process.
  • +Free demo account available.
  • +No minimum deposit.
  • +Multiple fast and secure payment methods.
  • +Multiple account currency options.
  • +Islamic swap-free accounts available.
  • +Low forex and CFD trading fees.
  • +Ultra-low spreads from 0.0 pips on the GO Plus+ account.
  • +No deposit or withdrawal fees.
  • +No account inactivity fees.
  • +Supports TradingView, MetaTrader 4, MetaTrader 5, and cTrader integration.
  • +No restrictions on trading strategies.
  • +Integrated social, copy, and PAMM trading features.
  • +Solid educational content for beginners.
  • +High leverage trading capability (up to 1:500 in some regions).
  • +Outstanding research tools & market analysis.
  • +Free VPS available for automated trading.
  • +Great customer support service, available 24/7.

Cons

  • Product offerring is limited to forex and CFDs.
  • No proprietary trading platform.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.