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Go Markets Broker Review

FX Scouts By Jeffrey Cammack Updated: February 16, 2020
Overall Rating
4.18 / 5
Min. DepositUSD 200
Max. Leverage500:1
Min. Spread0.2 pips
RegulatorsASIC
Regulator Origin ASIC
Broker TypeNDD Intervention Market Maker

Summary

GO Markets was founded in 2006 and is well-known for its innovative yet simple approach to Forex trading. Though GO Markets only offers two account options, one commission-based with tight spreads and the other commission-free with wider spreads, both are competitive. With a 20% deposit bonus (up to $25,000) for new traders and regular market analysis, GO Markets is a good choice for new traders.

GO Markets also offers an impressive suite of trading tools including Autochartist, Trading Central and a free VPS service. A technological innovator, GO Markets works hard to keep low-latency trading, reliable customer service and stable platforms at the core of their offering.

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
Beginner Friendly Good
Bonuses $100 Refer A Friend Bonus
Our Review Process

Trading Conditions

Minimum DepositUSD 200
Base currenciesAUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, HKD
Number of FX Pairs50+
Hedging Allowed Yes
Scalping Yes
Swap-Free Accounts No

Average Spreads

EUR / USD0.2
GBP / USD0.5
USD / JPY0.2

Company Details

Company nameGO Markets Pty Ltd
Founded2006
Website Visit Website
TypeNDD Intervention Market Maker
RegulatorsASIC
Office locations Australia, Hong Kong, London, Taipei

Deposit & Withdrawal Methods

Supported Platforms for Go Markets

Most retail CFD accounts lose money. Your capital is at risk.

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Overall Rating 4.18 / 5 4.56 / 5 4.46 / 5
Minimum DepositUSD 200USD 200USD 200
Regulation
ASIC ASIC
FCA FCA
ASIC ASIC
CySEC CySEC
ASIC ASIC
Broker TypeNDD Intervention Market MakerECN/STPECN
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, Metals, EnergiesCommodities, Cryptocurrencies, Forex, Indicies, Equities, Bonds, Futures
Forex Pairs50+80+60
Crypto Pairs5510
Read Full Review
Trust Rating 4 / 5 5 / 5 5 / 5
Trading Conditions 4 / 5 4.5 / 5 4.5 / 5
Trading Platforms 4.5 / 5 5 / 5 5 / 5
Deposit & Withdrawal 5 / 5 4 / 5 4 / 5
Education & Research 4 / 5 4.5 / 5 3 / 5
Assets Available 4.5 / 5 4.5 / 5 4.5 / 5
Customer Service 3.5 / 5 4 / 5 4.5 / 5
% Lose with this broker N/A 73.6% of retail investor accounts lose money when trading CFDs with this provider N/A
Leverage500:1500:130:1
Spread0.2 pips0.0 pips0.1 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • GoPlus+ (Professional)
  • Standard (Standard)
  • Razor (Standard)
  • Standard (Standard)
  • Swap-free
  • RAW - cTrader (Standard)
  • RAW - MetaTrader (Standard)
  • Standard - MetaTrader (Standard)
Swap Free No Yes Yes
Trading Platforms MT4, MT5 MT4, MT5, cTrader MT4, MT5, cTrader
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Fasapay, BPay, POLi Bank Transfer, Visa, Mastercard, Skrill, Paypal, Unionpay, POLi, BPay Bank Transfer, Visa, Mastercard, Skrill, Neteller, Paypal, Unionpay
Trading Commission 6 USD / lot - GoPlus+ From 7 USD / lot - Razor Account 7 USD / lot - True ECN account
Clear all brokers

Go Markets

Visit Website

Pepperstone

Visit Website

IC Markets

Visit Website
Overall Rating 4.18 / 5 4.56 / 5 4.46 / 5
Minimum DepositUSD 200USD 200USD 200
Regulation
ASIC ASIC
FCA FCA
ASIC ASIC
CySEC CySEC
ASIC ASIC
Broker TypeNDD Intervention Market MakerECN/STPECN
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, Metals, EnergiesCommodities, Cryptocurrencies, Forex, Indicies, Equities, Bonds, Futures
Forex Pairs50+80+60
Crypto Pairs5510
Read Full Review
Trust Rating 4 / 5 5 / 5 5 / 5
Trading Conditions 4 / 5 4.5 / 5 4.5 / 5
Trading Platforms 4.5 / 5 5 / 5 5 / 5
Deposit & Withdrawal 5 / 5 4 / 5 4 / 5
Education & Research 4 / 5 4.5 / 5 3 / 5
Assets Available 4.5 / 5 4.5 / 5 4.5 / 5
Customer Service 3.5 / 5 4 / 5 4.5 / 5
% Lose with this broker N/A 73.6% of retail investor accounts lose money when trading CFDs with this provider N/A
Leverage500:1500:130:1
Spread0.2 pips0.0 pips0.1 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • GoPlus+ (Professional)
  • Standard (Standard)
  • Razor (Standard)
  • Standard (Standard)
  • Swap-free
  • RAW - cTrader (Standard)
  • RAW - MetaTrader (Standard)
  • Standard - MetaTrader (Standard)
Swap Free No Yes Yes
Trading Platforms MT4, MT5 MT4, MT5, cTrader MT4, MT5, cTrader
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Fasapay, BPay, POLi Bank Transfer, Visa, Mastercard, Skrill, Paypal, Unionpay, POLi, BPay Bank Transfer, Visa, Mastercard, Skrill, Neteller, Paypal, Unionpay
Trading Commission 6 USD / lot - GoPlus+ From 7 USD / lot - Razor Account 7 USD / lot - True ECN account

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Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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