Go Markets

by

Go Markets 2024 Broker Review

Written by:

ForexBrokerTalk

Fact checked by:

ForexBrokerTalk

Recommended for

  • Forex traders searching for low commissions and favorable conditions

Trust Level: Very High

  • Founded in 2006
  • Licensed and regulated by CySEC (Cyprus), ASIC (Australia), FSC (Mauritius), FSA (Seychelles)

Popularity

521 people visited this broker using ForexBrokerTalk within the last 6 months

Introduction To Go Markets

Go Markets has been in the forex space for over 15 years! Headquartered in Australia the veteran broker is regulated by CySEC (Cyprus), ASIC (Australia), FSC (Mauritius), FSA (Seychelles). Although Go Markets is a market maker, they are considered trustable and have lots of great reviews.

There are plenty of tradable assets with Go Markets, over 600 in fact! The brokerage features a low commission fee of just $3.00 per side – not quiet the lowest in the industry but still very attractive for traders. Matched with their trading selection and low commissions is a great selection of platforms; MetaTrader 4/5 and cTrader. Additionally the brokerage also offers a handful of cool tools like free VPS, autochartist, and more.

We’ve found that GoMarkets has a great mix of tradable assets, low commissions, and a great platform selection.

$200

Minimum Deposit

$3.00

FX Commission
(per lot)

Yes

Free Demo Account

No

Inactivity fee

Pros

Low commissions

Free VPS program

Cons

No cent account

Limited research and news flow data

Video Review

Coming soon!

Go Markets Quick Facts

Country Headquarters

Sydney, Australia

Instruments Offered

Forex, Metal, Stock Indices, Crypto

Base Account Currency

USD, GBP, EUR, CHF, NZD, CAD, SGD, HKD, AUD

Minimum Deposit

$200

Withdrawal Fee

$0

Account Verification Time

1 day

Deposit Options

Wire Transfer, Card, Neteller, Skrill, FasaPay, and more

Accepts crypto deposit

No

Trading Platforms

MetaTrader 4/5 and cTrader

Demo Accounts

Yes

VPS Offered

Yes

Subscribe To Our FREE newsletter

Stay up to date with the latest in the forex world – broker reviews, news, and exclusive offers.

This field is for validation purposes and should be left unchanged.

Go Markets Trading Account Types 4.7 / 5

Go Markets offers two main types of trading accounts; the standard account and GO + Account. The differences between both accounts can be found below:

Account TypeSpread MarkupTrading Commissions
Standard AccountVariable – From 0.8 pipsNo Commissions Charged
GO+No Spread Markup$3.00 per side
$6.00 per round turn lot

The Go Markets standard account is for traders who prefer to trade with no commissions and slight spread markup. While the GO+ account is best for traders who prefer to trade with commission fees but no spread markup.

The minimum deposit for both account types is $200. Additionally, trades get access to the full catalog of tradable instruments no matter which account they select.

Check it

Commissions & Fees 4.3 / 5

Trading Fees At Go Markets:

Go Markets offers two different fee structures, depending on which trading account you sign up for.

Standard Account: Fees built into trading spread; spreads marked up from 0.8 pips.

GO+ Account: Commissions charged per trade – no spread markup. $6.00 per round turn lot ($3.00 per side).

Overall we have found that the trading fees offered at Go Markets are on par with the industry standard.

Non-Trading Fees At Go Markets:

Go Markets goes not charge any additional fees to their traders. There no fees with depositing or withdrawing funds. Additionally there are no account in activity fees.

Check it

Deposit and withdrawal 4.8 / 5

Go Markets traders can deposit and withdrawal funds via the following methods:

  • Bank transfer
  • Card
  • Neteller
  • Skrill
  • FasaPay
  • BPay
  • POLi

Overall, we think these options will fit the needs of most trades.

Unlike some other brokers, Go Markets does not charge a withdrawal fee – which is great!

Check it

Trading Platforms 4.3 / 5

Go Markets offers a great trading platform selection, featuring:

  • MetaTrader 4
  • MetaTrader 5
  • cTrader

Whether you are a manual or automated trader, this platform selection will surely fit your needs.

Check it

Customer Support 4.0 / 5

Go Markets offers 24/7 support via phone, email, and live chat.

Additionally the following languages are offered: English, Spanish, French, German, Portuguese, Mandarin, Chinese, Polish, Indonesian, Malay, Thai, Arabic, Vietnamese, Urdu, Malay, Hindi

Check it

Other 3.9 / 5

Some other cool features that ICMarkets offers:

  • Free demo accounts (no live account required)
  • Market analysis and research
  • Free VPS available
Check it

Pros And Cons Of Go Markets

In our in depth review of Go Markets, we have found the following pros and cons:

Pros:

  • Great platform selection (MetaTrader 4, 5, cTrader)
  • Great education resources
  • Two different account options

Cons:

  • Limited research tools
  • No investor protection for non-EU traders

Go Markets Frequently Asked Questions

Is Go Markets Regulated?

Yes, Go Markets is regulated by CySEC (Cyprus), ASIC (Australia), FSC (Mauritius), FSA (Seychelles)

What types of trading accounts are available at Go Markets?

Please check our trading account section here, which outlines the different account types in detail.

Is Go Markets legit or a scam?

Go Markets is a reputable forex and CFD broker. The broker was founded in 2006, and is regulated by several government bodies. We have found no evidence that Go Markets is a scam.

What are the Go Markets trading platforms?

Go Markets offers the MT4, MT5, and cTrader trading platforms. For more information, visit the trading platform section of our review here.

About ForexBrokerTalk

ForexBrokerTalk is a free service which helps both new and experienced traders find the best forex broker for their needs. As an impartial party we have reviewed more than 50 different forex brokers, with new brokers being added everyday. Additionally we offer a free newsletter to keep traders up to date on the latest in forex broker news, promotions, and more! Have any questions? Click here to contact us and we’ll be happy to help.

4.7 / 5

ForexBrokerTalk Final Score

Table of Contents