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Go Markets Broker Review

FX Author By Jeffrey Cammack Author Information Updated: July 4, 2020
Overall Rating
4.13 4.13 / 5
Min. DepositUSD 200
Max. Leverage500:1
Min. Spread0.2 pips
Regulators ASIC
Regulator Origin ASIC
Trading Desk Type

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

Regulation 11110
Trading Conditions 11110
Trading Platforms 11110.5
Deposit & Withdrawal 11111
Education & Research 1110.50
Assets Available 11110.5
Customer Service 1110.50
Beginner Friendly Standard
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
Islamic Account No

Average Spreads

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

Company Details

Company nameGO Markets Pty Ltd
Founded2006
Website www.gomarkets.com.au
Type Market Maker NDD
Regulators ASIC
Office locations Australia, Hong Kong, United Kingdom, Taipei

Deposit & Withdrawal Methods

Supported Platforms for Go Markets

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

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Overall Rating 11110.5 4.13 / 5 11110.5 4.27 / 5 11110.5 4.61 / 5
Minimum DepositUSD 200USD 100USD 200
Regulation
ASIC ASIC
ASIC ASIC
CySEC CySEC
FCA FCA
ASIC ASIC
DFSA DFSA
Trading Desk Type
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, Metals, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Metals, Energies
Forex Pairs50+60+80+
Crypto Pairs555
Pros
  • Fast and free withdrawals
  • Wide range of assets
  • Excellent market analysis
  • Innovative trading tools
  • Well regulated
  • Tight spreads
  • Good range of accounts
  • Great customer support
  • Well regulated
  • Tight spreads
  • Great platform choice
  • Wide range of assets
Cons
  • High minimum deposit
  • No swap-free account option
  • Expensive withdrawals
  • High minimum deposit
  • Limited market analysis
Read Full Review Read Full Review
Regulation 11110 4 / 5 11111 5 / 5 11111 5 / 5
Trading Conditions 11110 4 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Trading Platforms 11110.5 4.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Deposit & Withdrawal 11111 5 / 5 11100 3 / 5 11110 4 / 5
Education & Research 1110.50 3.5 / 5 1110.50 3.5 / 5 11110.5 4.5 / 5
Assets Available 11110.5 4.5 / 5 11110 4 / 5 11110.5 4.5 / 5
Customer Service 1110.50 3.5 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
% Lose with this broker N/A of retail investor accounts lose money when trading CFDs with this provider 78.6% of retail investor accounts lose money when trading CFDs with this provider
Leverage500:1500:1500:1
Spread0.2 pips0.0 pips0.01 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • Standard (Standard)
  • Standard IRESS (Professional)
  • Swap-free
Islamic Account No Yes Yes
Trading Platforms MT4 , MT5 IRESS, MT4 , MT5 cTrader , MT4 , MT5
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 Clear all brokers

Go Markets

Visit Website

FP Markets

Visit Website

Pepperstone

Visit Website
Overall Rating 11110.5 4.13 / 5 11110.5 4.27 / 5 11110.5 4.61 / 5
Minimum DepositUSD 200USD 100USD 200
Regulation
ASIC ASIC
ASIC ASIC
CySEC CySEC
FCA FCA
ASIC ASIC
DFSA DFSA
Trading Desk Type
Trading InstrumentsCryptocurrencies, Forex, Indicies, Metals, Equities, WTIsCommodities, Cryptocurrencies, Forex, Indicies, Metals, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Metals, Energies
Forex Pairs50+60+80+
Crypto Pairs555
Pros
  • Fast and free withdrawals
  • Wide range of assets
  • Excellent market analysis
  • Innovative trading tools
  • Well regulated
  • Tight spreads
  • Good range of accounts
  • Great customer support
  • Well regulated
  • Tight spreads
  • Great platform choice
  • Wide range of assets
Cons
  • High minimum deposit
  • No swap-free account option
  • Expensive withdrawals
  • High minimum deposit
  • Limited market analysis
Read Full Review Read Full Review
Regulation 11110 4 / 5 11111 5 / 5 11111 5 / 5
Trading Conditions 11110 4 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Trading Platforms 11110.5 4.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Deposit & Withdrawal 11111 5 / 5 11100 3 / 5 11110 4 / 5
Education & Research 1110.50 3.5 / 5 1110.50 3.5 / 5 11110.5 4.5 / 5
Assets Available 11110.5 4.5 / 5 11110 4 / 5 11110.5 4.5 / 5
Customer Service 1110.50 3.5 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
% Lose with this broker N/A of retail investor accounts lose money when trading CFDs with this provider 78.6% of retail investor accounts lose money when trading CFDs with this provider
Leverage500:1500:1500:1
Spread0.2 pips0.0 pips0.01 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • Standard (Standard)
  • Standard IRESS (Professional)
  • Swap-free
Islamic Account No Yes Yes
Trading Platforms MT4 , MT5 IRESS, MT4 , MT5 cTrader , MT4 , MT5
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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Alert Most retail CFD accounts lose money. Your capital is at risk.

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