Visit Broker 66% of retail investor accounts lose money when trading CFDs with GO Markets Ltd.

Go Markets Broker Review

Written by Christopher Lewis
Christopher Lewis
Christopher Lewis is a professional trader and author specialized in Forex and Crypto trading.
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Launched in 2006, GO Markets is a low-cost, Melbourne-based broker popular in Australia and abroad. GO Markets caters to beginners and experienced traders by providing access to various asset classes, including forex, stocks, commodities, indices and cryptocurrencies.

The Australian Securities and Investments Commission and CySEC (Cyprus) are among the supervisory bodies overseeing GO Markets’ operations. As a result, the brokerage is subject to stringent regulatory standards designed to support a secure trading environment.

Christopher Lewis is a US based Forex trader and analyst who trades across all sessions and pairs. He contributes forecasts, videos, and signals to major platforms like DailyForex.com, FXEmpire.com and Investing.com
Expert opinion by Christopher Lewis:
Go Markets offers MetaTrader 4/5, cTrader, Tradingview, and a proprietary web trading platform. Offering metals, indices, shares, commodities, crypto currencies, treasuries, forex, and ETF markets, Go Markets offers plenty of opportunity. Originally opening in Australia back in 2006, the company moved its headquarters to Mauritius and is licensed by the Financial Services Commission in that very same country.

At-a-glance Statistics

Number of Tradable FX pairs
Number of Regulators
TrustPilot Rating
Number of TrustPilot Reviews
Traffic & Engagement
  • Total visits, December 2024:65,607
  • Device distribution:
  • Desktop: 52.08%
  • Mobile: 47.92%
  • Visit duration: 00:02:19
Social Traffic
  • Visitors:
  • Youtube: 22.31%
  • Instagram: 18.91%
  • Other: 58.78%
Geographic Distribution of GO Markets Website Traffic

GO Markets Contact Information

In terms of trading platforms, GO Markets offers the widely used MetaTrader 4 and 5, both known for their powerful tools, customisable features and extensive charting capabilities. Clients may also opt for TradingView, cTrader and GO WebTrader.

Both MetaTrader and cTrader users can also take advantage of copy trading. This feature allows clients who are just starting out to draw on the experience of seasoned traders by mirroring their positions. Along with the availability of a demo account and a range of educational resources, this makes GO Markets particularly well suited to beginners.

Important: GO Markets is regulated by ASIC, CySEC and the FSC and segregates client funds, providing a high level of safety. Traders gain access to MetaTrader 4/5, cTrader, TradingView and GO WebTrader, along with copy-trading tools and spreads from 0 pips on the GO Plus+ account. Retail client leverage is capped at 1:30, and international bank withdrawals may incur fees.

General Information about GO Markets

Regulators Cyprus Securities and Exchange Commission, Financial Services Authority Seychelles, Financial Services Authority, Australian Securities and Investments Commission, Financial Services Commission of Mauritius
Min. Deposit $0 ($200 recommended)
Trading Platforms cTrader, MetaTrader 4, MetaTrader 5, TradingView
Number of Forex pairs 50
Account Security and Protections Negative Balance Protection, SSL Encryption, Segregated Client Funds, Two-Factor Authentication, Biometric Authentication, Real-Time Transaction Monitoring

Account Information

Account Types Demo Account, Standard Account, Pro Account, Islamic Account, GO Plus+ Account
ECN Account Available
Pro Account Available
MAM Account Not Available

Trading Information

Markets Bonds CFDs, Commodity CFDs, Crypto CFDs, ETFs, Forex CFDs, Index CFDs, Metal CFDs, Share CFDs, Treasuries
Min Contact Size 0.01
Min Account Balance USD
Scalping Allowed Available
Hedging Allowed Available
PAMM Trading Available
Swap-free Trading Available

Spreads

Market Instrument Account Spread
Forex CFDs AUDUSD Standard Account AVG 1 pips
Forex CFDs EURGBP Standard Account AVG 1.1 pips
Forex CFDs EURUSD Standard Account AVG 0.9 pips
Forex CFDs GBPUSD Standard Account AVG 1 pips
Metal CFDs Gold Standard Account AVG 13 pips
Metal CFDs Gold any MIN 13 pips
Forex CFDs NZDUSD Standard Account AVG 1.1 pips
Forex CFDs USDCAD Standard Account AVG 1.3 pips
Forex CFDs USDCHF Standard Account AVG 1.3 pips
Forex CFDs USDCNY Standard Account AVG 6.2 pips
Forex CFDs USDJPY Standard Account AVG 1.1 pips
any any GO Plus+ Account MIN 0 pips
any any Standard Account MIN 0.8 pips

Leverage

Commodity CFDs 1:10 (ASIC)
Commodity CFDs 1:10 (CySEC)
Commodity CFDs 1:500 (FSAS)
Commodity CFDs 1:500 (FSCM)
Commodity CFDs 1:500 (SVGFSA)
Crypto CFDs 1:2 (ASIC)
Crypto CFDs 1:2 (CySEC)
Crypto CFDs 1:20 (FSAS)
Crypto CFDs 1:20 (FSCM)
Crypto CFDs 1:20 (SVGFSA)
ETF CFDs 1:5 (ASIC)
ETF CFDs 1:20 (FSAS)
ETF CFDs 1:20 (SVGFSA)
ETFs 1:20 (FSCM)
Forex CFDs 1:30 (ASIC)
Forex CFDs 1:30 (CySEC)
Forex CFDs 1:500 (FSAS)
Forex CFDs 1:500 (FSCM)
Forex CFDs 1:500 (SVGFSA)
Index CFDs 1:20 (ASIC)
Index CFDs 1:20 (CySEC)
Index CFDs 1:500 (FSAS)
Index CFDs 1:500 (FSCM)
Index CFDs 1:500 (SVGFSA)
Metal CFDs 1:20 (ASIC)
Metal CFDs 1:20 (CySEC)
Metal CFDs 1:500 (FSAS)
Metal CFDs 1:500 (FSCM)
Metal CFDs 1:500 (SVGFSA)
Share CFDs 1:5 (ASIC)
Share CFDs 1:5 (CySEC)
Share CFDs 1:20 (FSAS)
Share CFDs 1:20 (FSCM)
Share CFDs 1:20 (SVGFSA)
Treasuries 1:5 (CySEC)
Treasuries 1:100 (FSAS)
Treasuries 1:5 (FSAS)
Treasuries 1:100 (FSCM)
Treasuries 1:100 (SVGFSA)

Deposit Methods

Visa CardAvailable
MasterCardAvailable
PaypalAvailable
Credit/Debit CardNot Available
AmexNot Available
Bank/Wire TransferAvailable
CryptoNot Available
BitcoinNot Available
SkrillAvailable
NetellerAvailable
Google PayNot Available
Apple PayNot Available
PayidNot Available
USDTNot Available
TetherNot Available
AstropayNot Available

Regulations and Security

As of January 2025, GO Markets operates under the supervision of several financial authorities, supporting a secure and transparent trading environment for its clients. GO Markets is regulated by the Australian Securities and Investments Commission (ASIC) in Australia, the Cyprus Securities and Exchange Commission (CySEC) in the European Union and the Financial Services Commission (FSC) in Mauritius.

ASIC, established in 1998, is Australia’s national corporate regulator, overseeing financial markets and services to promote fairness and transparency. CySEC, founded in 2001, supervises investment services and transactions in transferable securities within the European Union, enforcing strict financial standards. The FSC in Mauritius provides regulatory oversight to maintain the integrity and stability of the country’s financial markets.

GO Markets adheres to stringent regulatory requirements, including the segregation of client funds from the company’s operational capital. This practice helps protect client assets by ensuring they are not used for other purposes. Additionally, the broker implements robust risk-management policies and maintains adequate capital reserves to meet its financial obligations.

GO Markets’ multi-jurisdictional regulatory oversight offers clients a high level of security and trust. By complying with the standards set by these authorities, GO Markets demonstrates its commitment to providing a safe and transparent trading environment and safeguarding client interests across its global operations.

Account Types and Features

GO Markets offers a variety of account types designed for traders with different skill levels and preferences. These include the Standard Account, the GO Plus+ Account and a dedicated Demo Account. Each account type provides distinct features to suit different trading needs.

  • The Standard Account

    The Standard Account is suitable for beginner traders, offering competitive spreads starting from 1 pip, no commissions and access to a wide range of trading instruments. It is a straightforward option for those new to trading.

  • The GO Plus+ Account

    The GO Plus+ Account is tailored for experienced traders seeking tighter spreads and lower trading costs. Spreads start from 0 pips, with a commission of $3 per side per standard lot. This account provides access to advanced trading tools.

  • The Demo Account

    The Demo Account allows users to practise trading in a risk-free environment with virtual funds. This is a valuable feature for those looking to hone their skills before committing real capital.

How to Open an Account with GO Markets

Opening an account with GO Markets is a straightforward process designed to provide a smooth onboarding experience for new clients. The steps below outline the procedure:

  1. Visit the GO Markets Website
    Navigate to the official GO Markets website and click the “Open an Account” or “Sign Up” button. This will take you to the account registration page.
  2. Complete the Registration Form
    Fill in the online form with your personal details, including your full name, email address, telephone number and residential address. You will also need to create a secure password and select your preferred account type (Standard or GO Plus+).
  3. Provide Identity Verification Documents
    As a regulated broker, GO Markets adheres to Know Your Customer (KYC) requirements. You will need to upload identification documents, such as a passport or driving licence, and proof of address, such as a utility bill or bank statement.
  4. Answer the Suitability Questionnaire
    To comply with regulatory requirements, GO Markets assesses your trading experience and financial knowledge through a brief suitability questionnaire.
  5. Account Approval and Funding
    Once your documents and questionnaire have been reviewed and approved, usually within 24 hours, you can fund your account using your preferred deposit method. GO Markets offers multiple payment options, including bank transfers, credit and debit cards and e-wallets.
  6. Start Trading
    After funding your account, you can log in to the trading platform, access your dashboard and begin trading a variety of instruments.

Trading Platforms

GO Markets provides a diverse range of trading platforms to meet the needs of traders with different strategies and levels of experience. These include MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader and several additional tools that support a flexible trading experience.

  • MetaTrader 4 (MT4) is the preferred platform for many forex traders, offering essential features such as advanced charting, technical indicators and Expert Advisors (EAs) for automated trading. Its straightforward interface makes it a popular choice among beginners.
  • MetaTrader 5 (MT5) builds on MT4 with additional tools, including a broader range of assets, more order types and an integrated economic calendar. It is suitable for traders who need deeper market insights and expanded capabilities.
  • cTrader is another advanced platform offered by GO Markets, known for its intuitive interface and high-speed execution. It is popular among professional traders for its detailed market-depth view, custom indicators and algorithmic-trading capabilities.

Additional tools include MetaTrader Copy Trading and cTrader Copy Trading, which allow users to follow and replicate the strategies of other traders. GO WebTrader provides browser-based trading without the need for downloads, while mobile trading platforms support trading on the go. GO Markets also offers PAMM accounts, allowing investors to allocate funds to professional managers.

This versatile platform selection allows traders to choose tools that suit their strategies and goals.

Trading Instruments

GO Markets offers an extensive selection of trading instruments across multiple asset classes, providing traders with a variety of ways to access the financial markets. Available instruments include forex, indices, commodities, shares, cryptocurrencies, ETFs and bonds, supporting a well-rounded trading experience.

  • Forex

    As a forex-focused broker, GO Markets provides access to over 50 currency pairs, including major, minor and exotic pairs. With competitive spreads starting from 0 pips on the GO Plus+ Account and leverage of up to 1:30 for retail clients, with higher limits available to eligible professionals, forex remains one of the broker’s main offerings.

  • Indices

    Traders can access popular global indices such as the S&P 500, NASDAQ 100, FTSE 100 and ASX 200. These indices allow traders to speculate on the performance of broader markets while benefiting from GO Markets’ tight spreads and fast execution.

  • Commodities

    GO Markets offers both hard and soft commodities, including precious metals such as gold and silver, energy products such as crude oil and natural gas, and agricultural commodities. These instruments can be used for portfolio diversification.

  • Shares

    Through CFD trading, GO Markets provides access to leading global companies listed on the NYSE, NASDAQ, ASX and other major exchanges. This allows traders to speculate on price movements without directly owning the shares.

  • Cryptocurrencies

    GO Markets provides trading on major cryptocurrencies such as Bitcoin, Ethereum, Ripple and Litecoin. Crypto CFDs allow traders to speculate on the volatile price movements of digital assets without owning them, with access to leverage and risk-management tools.

  • ETFs and Bonds

    GO Markets also offers ETF and bond CFDs. These instruments provide exposure to a range of sectors and government-backed securities.

Trading Conditions

GO Markets provides a trading environment designed for both novice and experienced traders. The broker’s trading conditions include competitive spreads, fast execution speeds, flexible leverage options and advanced trading tools.

  • Spreads and Commissions: Spreads at GO Markets are competitive, starting from 1 pip on the Standard Account and from 0 pips on the GO Plus+ Account. While the Standard Account is commission-free, the GO Plus+ Account charges a commission of $3 per side per standard lot.
  • Leverage: Leverage options vary according to the regulatory jurisdiction and client classification. Retail traders can access leverage of up to 1:30 for forex, while professional traders may access higher leverage, depending on eligibility. This flexibility allows traders to select leverage based on their trading needs and risk tolerance.
  • Execution Speed: GO Markets focuses on reliable and fast trade execution, helping to reduce the likelihood of slippage. The broker uses advanced technology to process orders efficiently, including during volatile market conditions.
  • Trading Tools: GO Markets supplements its trading conditions with additional resources, such as VPS services for automated trading, free technical indicators and access to economic calendars for timely market insights.

Deposits and Withdrawals

GO Markets offers a range of deposit and withdrawal options to support convenient transactions for traders worldwide. The broker prioritises flexibility, speed and transparency, helping ensure that funds are handled efficiently and securely.

Deposit Methods

Traders can fund their accounts through various methods, including bank wire transfers, credit and debit cards (Visa and Mastercard) and popular e-wallets such as Neteller, Skrill and PayPal. Local payment solutions are also available in some regions to serve global clients. Deposits are typically processed instantly or within a few hours, depending on the chosen payment method.

Withdrawal Methods

Withdrawals are processed through the same methods used for deposits to comply with anti-money-laundering (AML) regulations. Requests are usually processed within one to two business days, providing prompt access to funds.

Fees and Charges

GO Markets does not charge deposit fees for most payment methods, although some third-party providers may apply their own charges. Withdrawals are also fee-free for many methods, but certain international bank transfers may incur a fee.

Currency Options

The broker supports multiple base currencies, including USD, EUR, AUD and GBP, allowing traders to avoid unnecessary conversion costs when funding their accounts.

Copy Trading and Additional Services

GO Markets provides copy-trading options through MetaTrader Copy Trading and cTrader Copy Trading for traders seeking a convenient way to participate in the financial markets. This service allows users to replicate the strategies of other traders automatically, making it a useful option for beginners or those with limited time for market analysis.

MetaTrader Copy Trading enables users to follow a range of signal providers by reviewing their trading history, performance metrics and risk levels. Once a suitable provider has been chosen, their trades can be copied directly to the user’s account. Similarly, cTrader Copy Trading offers detailed analytics on strategy providers, helping traders select one whose approach aligns with their financial goals and risk appetite.

In addition to copy trading, GO Markets offers advanced tools and services. These include access to a VPS (Virtual Private Server) for uninterrupted automated trading, Autochartist for real-time market scanning and pattern recognition, and a broad selection of educational resources. Clients can access regular webinars, tutorials, e-books and market insights to develop their skills and stay informed about market trends.

With these features, GO Markets supports traders at different experience levels by combining trading technology with educational resources.

Customer Support

GO Markets offers comprehensive customer support to help clients manage their trading experience. The support team is available 24/5, allowing traders to request assistance during the trading week. Whether you have a question about account management, technical issues or trading-related matters, GO Markets’ support team is accessible via live chat, email and telephone. The staff are trained to provide prompt assistance with a variety of issues.

For traders seeking self-help options, GO Markets also offers a detailed Help Centre featuring a range of resources, including FAQs, video tutorials and guides. These materials cover topics ranging from platform use to troubleshooting common issues, helping users find solutions quickly and independently.

GO Markets also provides multilingual support, allowing clients from different regions to receive help in their preferred language. This focus on accessibility and support helps provide a smoother trading experience for clients.

Pros and Cons

Pros

  • Regulated Broker: GO Markets is regulated by reputable authorities such as ASIC, CySEC and others, providing a high level of security for traders.
  • Diverse Account Options: The broker offers multiple account types, including the Standard, GO Plus+ and Demo Accounts, catering to traders with different levels of experience.
  • Wide Range of Instruments: Traders can access a broad selection of assets, including forex, commodities, indices, shares and cryptocurrencies, allowing for portfolio diversification.
  • Competitive Spreads: Spreads start from 0 pips, making GO Markets an attractive option for cost-conscious traders.
  • 24/5 Customer Support: The broker provides support through multiple channels, including live chat, email and telephone.

Cons

  • Limited Leverage for Retail Clients: Retail traders can access leverage of up to 1:30, which may be limiting for those seeking higher leverage.
  • Fees on International Bank Withdrawals: While many deposit and withdrawal methods are free, international bank transfers may incur fees.

Conclusion

GO Markets is a reliable and well-regulated broker offering a diverse range of trading instruments and platforms for traders with different levels of experience. With a strong regulatory framework that includes oversight from ASIC and CySEC, GO Markets provides a secure trading environment that prioritises the safety of client funds.

The broker’s versatile account types, competitive spreads and powerful platforms, including MetaTrader 4, MetaTrader 5 and cTrader, make it a popular choice for beginners and experienced traders. Whether you are interested in forex, stocks, commodities or cryptocurrencies, GO Markets offers a broad selection of tools and resources. Its educational materials and responsive customer support also provide traders with useful knowledge and assistance as they navigate the markets.

Although there are some limitations, such as leverage restrictions for retail clients and fees on certain withdrawals, the overall trading conditions remain competitive. For traders seeking a reliable, user-friendly platform with a wide range of assets and services, GO Markets may be worth considering.

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