Overview

GO Markets, established in 2006, is an Australian-based Forex and CFD broker offering more than 1,000 tradable instruments, including forex, shares, commodities, indices, metals, and cryptocurrencies. As an early adopter of MetaTrader 4, GO Markets now supports platforms like MetaTrader 5, WebTrader, cTrader, and mobile apps. The broker is regulated by ASIC, CySEC, FSC, and FSA, showcasing a commitment to transparency and regulation.

Quick GO Markets Summary

• Founded: 2006
• Headquarters: Australia
• Regulation: ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles)
• Market Instruments: Forex, CFDs, Shares, Indices, Metals, Cryptocurrencies
• Minimum Deposit: $0
• Leverage: Up to 1:500
• Spread: From 0.0 pips
• Platforms: MT4, MT5, WebTrader, cTrader, Mobile
• Customer Support: 24/5 via email, phone, live chat

Pros and Cons

Pros

• Regulated by multiple authorities, ensuring client protection
• Over 1000 instruments across forex, shares, commodities, and cryptocurrencies
• Support for MT4, MT5, and cTrader
• Competitive spreads and fees from 0.0 pips on GO Plus+ account
• Fast, free deposits and withdrawals (for Australian clients)
• Comprehensive educational resources, including the GO Markets Academy

Cons

• Customer support operates 24/5, not 24/7
• Different trading conditions and leverage based on regulatory entities

Regulation and Compliance

GO Markets is regulated by key authorities globally, ensuring client confidence and compliance:

• ASIC (Australia): AFSL No. 254963
• CySEC (Cyprus): License No. 322/17
• FSC (Mauritius): Registration No. GB 19024896
• FSA (Seychelles): License No. SD043

Leverage Options

GO Markets provides leverage up to 1:500, varying by regulatory region, allowing traders high exposure on certain accounts while adhering to local regulatory restrictions where applicable.

Account Types

• Standard Account: Commission-free, spreads from 1.0 pips; ideal for beginners.
• GO Plus+ Account: ECN-style trading, spreads from 0.0 pips with a $2.50 commission per side; suited for experienced traders.

Spreads and Fees

GO Markets provides competitive spreads:

• GO Plus+ Account: Spreads from 0.0 pips, $2.50 commission per side.
• Standard Account: Spreads from 1.0 pips, commission-free.

Deposit and Withdrawal

GO Markets offers free deposits and withdrawals within Australia. Methods include credit/debit cards, bank transfers, and e-wallets. International transactions may incur fees depending on the payment provider.

Trading Platforms

GO Markets supports a range of trading platforms:

• MetaTrader 4 (MT4): Popular for its advanced charting tools.
• MetaTrader 5 (MT5): Enhanced with more timeframes and indicators.
• cTrader: Known for its ECN-style execution.
• WebTrader: Browser-based, no download needed.
• Mobile Trading: Available on iOS and Android.

Customer Support

GO Markets offers 24/5 customer support via live chat, phone, and email. Multilingual support is available in regions including Australia and the UK.

Educational Resources

GO Markets provides extensive educational tools for traders:

• GO Markets Academy: Courses for all skill levels
• Video Tutorials & Webinars: Regularly updated content
• Autochartist & Trading Central: Analysis tools and trading signals
• MT4 Genesis: Add-ons for enhanced trading on MT4

Conclusion

GO Markets is a reputable broker with strong regulatory backing, offering a diverse range of trading instruments, competitive spreads, and comprehensive educational resources. While leverage and support vary by region, GO Markets remains a solid choice for forex and CFD trading.