GO Markets Account Types

　　GO Markets offers a variety of account types tailored to meet the needs of different traders. The primary account types include:

• Standard Account
• Minimum Deposit: 61,700 NGN (approximately AUD 200)
• Commission: None
• Average Spread: Variable, starting from 1 pip
• Markets Offered: 50+ forex pairs, shares, indices, commodities, and cryptocurrencies
• Maximum Leverage: 1:500
• Trading Tools: Access to various trading tools and expert advisors
• Scalping Allowed: Yes
• Free VPS Offered: Yes
• GO+ Account
• Minimum Deposit: 61,700 NGN (approximately AUD 200)
• Commission: AUD 3 per side on a standard lot
• Average Spread: Variable, starting from 0.0 pips
• Markets Offered: 50+ forex pairs, shares, indices, commodities, and cryptocurrencies
• Maximum Leverage: 1:500
• Trading Tools: Access to various trading tools and expert advisors
• Scalping Allowed: Yes
• Free VPS Offered: Yes
• Demo Account
• Purpose: Allows traders to practice trading strategies in a risk-free environment using virtual money.
• Access: Available to all traders, providing a simulated trading environment with live market conditions.
• Islamic Account
• Availability: Not offered for Nigerian traders. GO Markets does not provide an option to switch to an Islamic account.

　　

GO Markets Broker Account Opening Process

　　Opening an account with GO Markets is straightforward and can be completed online within 24 hours. Here are the steps involved:

• Account Registration: Visit the GO Markets website and fill out the registration form.
• Identity Verification: Upload the required documents to verify your identity and residency. Acceptable documents include:
• Proof of Identity: Passport, driver's license, or identity card.
• Proof of Address: Recent bank statements or utility bills.
• Choose Account Type: Select the account type that suits your trading needs (Standard or GO+).
• Funding Your Account: After verification, fund your account using various methods such as bank transfer or credit/debit cards.
• Start Trading: Once your account is funded, you can begin trading on the GO Markets platform.

　　The entire process is designed to be user-friendly and efficient, allowing new traders to start their trading journey with ease.