Statistics of Go Markets votes

Go Markets reviews

Go Markets_logo Go Markets 6/10 (votes 2374)

On-line since: 2006
Country of origin: Australia
Regulation: ASIC (Australian Securities and Investments Commission)
Payment options: credit cards, bank transfer, Skrill
Minimum account size: $200
Minimum lot size: 0.01
Leverage: 1:500
Spreads: 1.5 pips (average EUR/USD spread)

About the company:

GO Markets, an Australia-based broker, is regulated by the Australian Securities and Investments Commission (ASIC). GO Markets is a major trading service provider in international financial markets. The company cooperates with both private traders and institutional investors around the globe. The broker aims at maintaining its status as a reliable and leading regulated Australian broker.

GO Markets strives to provide its customers with the best trading conditions through reliable service, transparent pricing, and stable platforms.

In order to ensure the security of client funds, the company holds them in segregated accounts of the National Bank of Australia (NAB), separately from its own bank account.

Trading conditions

The broker offers over 350 CFD instruments, including currency pairs, stocks, indices, commodities, and cryptocurrencies. Customers can choose from standard or go+ accounts. Their differences and advantages are described on the broker`s official website. The minimum deposit amounts for standard and go+ accounts are $200 and $500, respectively. GO Markets allows trading advisors, hedging, scalping. In addition, it offers social trading from Myfxbook.

Beginners can benefit from educational courses, trading articles, seminars, webinars, as well as a free Forex tutorial. Besides, the company provides its clients with technical analysis, an economic calendar, and up-to-date Forex news. However, there are no demo accounts and bonus programs.

Trading platforms

GO Markets is one of the few brokers offering both MetaTrader platforms: MetaTrader4 and MetaTrader5.

Support service

The broker`s chat bot ensures quick contact with the support team. To use it, all you need is to fill out the pop-up contact form and ask your question. Apart from that, you can contact the company manager by phone, including international calls, as well as through e-mail. The company`s official website does not include information on the working hours of the customer service.

Deposit and withdrawal of funds

The broker offers standard ways to deposit and withdraw funds: bank wire; Visa, MasterCard credit cards; and Skrill, Neteller, Poli, Bray transfers.

Feedback from traders

Traders have quite positive views of the company`s work, noting profitable spreads, as well as abundant information and educational platform. However, clients complain about problems with depositing and withdrawing funds. Some traders believe that this is not the best broker for scalping.

Advantages and disadvantages

Advantages of GO Markets:

  • licensed and regulated broker;
  • innovative trading platforms MetaTrader 4 and MetaTrader 5;
  • low minimum deposit;
  • social trading;
  • educational platform for beginners.

Disadvantages of GO Markets:

  • little choice of currency pairs;
  • no demo account;
  • no bonus program.

Conclusion

Competitive trading conditions and favorable trading environment allowed GO Markets to become a leader. This regulated broker offers its customers flexible trading terms and provides them with access to the most popular trading floors.

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Comments about broker

Delton trader
review Go Markets
12-01-21

I don’t trust this broker and my instincts did not let me down this time, too. They cancelled my profits and wouldn’t pay me my money. Their customer support was really rude and unprofessional. The major problem with them is they are not regulated and the spreads they offered are very high to rip you off. It is not safe to take position when there is an upcoming event in this broker, do not plan to invest here. Before starting investing with a broker, I suggest to understanding very well the regulations they provide.

Ricamel trader
review Go Markets
30-12-20

Go Markets is a regulated broker that is why I chose to open an account with them. They have a segregated account for their clients' funds. The overall trading experience is also great. The platform runs properly and I haven't encountered and technical issue so far. They also regularly update their tools in order to keep up with the advancements in the industry.

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