Home / Best Forex Brokers in Malaysia / Go Markets Broker Review

Go Markets Broker Review

FX Scouts By Jeffrey Cammack Updated: March 17, 2020
Overall Rating
4.18 / 5
Min. DepositGBP 200
Max. Leverage30:1
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 analysis, GO Markets are a good choice for new traders.

GO Markets really shines with its suite of trading tools including a free VPS service, Autochartist and Trading Central. 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 DepositGBP 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 4.27 / 5 4.50 / 5
Minimum DepositGBP 200GBP 100USD 200
Regulation
ASIC ASIC
ASIC ASIC
CySEC CySEC
FCA FCA
ASIC ASIC
Broker TypeNDD Intervention Market MakerECN/DMAECN/STP
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, Metals, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Metals, Energies
Forex Pairs50+50+80+
Crypto Pairs555
Read Full Review 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 4.5 / 5 5 / 5
Deposit & Withdrawal 5 / 5 3 / 5 4 / 5
Education & Research 4 / 5 4 / 5 4.5 / 5
Assets Available 4.5 / 5 4 / 5 4 / 5
Customer Service 3.5 / 5 4 / 5 4 / 5
% Lose with this broker N/A of retail investor accounts lose money when trading CFDs with this provider 73.6% of retail investor accounts lose money when trading CFDs with this provider
Leverage30:130:1500:1
Spread0.2 pips0.0 pips0.01 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • GoPlus+ (Professional)
  • Standard (Standard)
  • Platinum IRESS (Vip)
  • Premier IRESS (Vip)
  • RAW (Standard)
  • Standard (Standard)
  • Standard IRESS (Professional)
  • Razor (Standard)
  • Standard (Standard)
  • Swap-free
Swap-Free Accounts No Yes Yes
Trading Platforms MT4, MT5 MT4, MT5, IRESS MT4, MT5, cTrader
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Fasapay, BPay, POLi Bank Transfer, Visa, Mastercard, Paypal, Skrill, Neteller, Fasapay, BPay, paytrust88, POLi Neteller, BPay, POLi
Trading Commission 6 USD / lot - GoPlus+ 6 USD / lot - RAW Accounts From 7 USD / lot - Razor Account
Clear all brokers

Go Markets

Visit Website

FP Markets

Visit Website

Pepperstone

Visit Website
Overall Rating 4.18 / 5 4.27 / 5 4.50 / 5
Minimum DepositGBP 200GBP 100USD 200
Regulation
ASIC ASIC
ASIC ASIC
CySEC CySEC
FCA FCA
ASIC ASIC
Broker TypeNDD Intervention Market MakerECN/DMAECN/STP
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, Metals, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Metals, Energies
Forex Pairs50+50+80+
Crypto Pairs555
Read Full Review 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 4.5 / 5 5 / 5
Deposit & Withdrawal 5 / 5 3 / 5 4 / 5
Education & Research 4 / 5 4 / 5 4.5 / 5
Assets Available 4.5 / 5 4 / 5 4 / 5
Customer Service 3.5 / 5 4 / 5 4 / 5
% Lose with this broker N/A of retail investor accounts lose money when trading CFDs with this provider 73.6% of retail investor accounts lose money when trading CFDs with this provider
Leverage30:130:1500:1
Spread0.2 pips0.0 pips0.01 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • GoPlus+ (Professional)
  • Standard (Standard)
  • Platinum IRESS (Vip)
  • Premier IRESS (Vip)
  • RAW (Standard)
  • Standard (Standard)
  • Standard IRESS (Professional)
  • Razor (Standard)
  • Standard (Standard)
  • Swap-free
Swap-Free Accounts No Yes Yes
Trading Platforms MT4, MT5 MT4, MT5, IRESS MT4, MT5, cTrader
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, Fasapay, BPay, POLi Bank Transfer, Visa, Mastercard, Paypal, Skrill, Neteller, Fasapay, BPay, paytrust88, POLi Neteller, BPay, POLi
Trading Commission 6 USD / lot - GoPlus+ 6 USD / lot - RAW Accounts From 7 USD / lot - Razor 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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