GoTrading Forex Broker keeps up-to-date with the latest trading account information, including Standard, ECN, Islammic maximum leverage of --, trading varieties, and more
Rating Index
Pros
User-friendly mobile app that allows commission-free trading of fractional shares, making it accessible for beginners.
Low minimum deposit requirement of $10, enabling users to start investing with minimal capital.
Support for local deposit methods in over 70 countries, with no hidden fees for trading.
Cons
Limited asset classes available for trading, focusing primarily on U.S. stocks and ETFs without options for forex or cryptocurrencies.
No desktop trading platform, which may limit accessibility for users who prefer trading on larger screens.
Regulatory concerns as it operates under unregulated conditions in certain jurisdictions, potentially raising risks for clients.
GoTrading broker Accounts
Standard
ECN
Islammic
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
- Best for: Casual traders
- Minimum Deposit: $200 (approximately 61,700 NGN)
- Spreads: Starts from 1 pip
- Commission: None
- Leverage: Up to 1:30 (ASIC, CySEC), up to 1:500 (FSC)
- Markets Offered: Forex, indices, commodities, shares, and cryptocurrencies (600+ assets)
- Platforms: MetaTrader 4 and MetaTrader 5
- Go Plus+ Account
- Best for: Algorithmic traders
- Minimum Deposit: $200 (approximately 61,700 NGN)
- Spreads: From 0 pips plus a commission of $3 per side on a standard lot
- Leverage: Up to 1:30 (ASIC, CySEC), up to 1:500 (FSC)
- Markets Offered: Forex, indices, commodities, shares, and cryptocurrencies (600+ assets)
- Platforms: MetaTrader 4 and MetaTrader 5
- Go Pro Account
- Best for: Experienced traders
- Minimum Deposit: $3,000
- Spreads: From 0 pips; commission of $7 per lot on Forex and metals, $2 per lot on commodities and indices
- Leverage: Up to 1:300 (FSA)
- Markets Offered: Forex, indices, commodities, shares, and cryptocurrencies (600+ assets)
- Platforms: MetaTrader 4 and MetaTrader 5
- Professional Account
- Best for: High-volume traders
- Minimum Deposit: Varies
- Spreads: From 0 pips; commission of $3.50 AUD depending on account choice
- Leverage: Up to 1:500
- Markets Offered: Forex, indices, commodities, shares, and cryptocurrencies (600+ assets)
- Platforms: MetaTrader 4 and MetaTrader 5
- Corporate Account
- Best for: Companies
- Minimum Deposit: Varies
- Spreads: From 0 pips; commission of $3.50 AUD depending on account choice
- Leverage: Up to 1:30
- Markets Offered: Forex, indices, commodities, shares (600+ assets)
- Platforms: MetaTrader 4 and MetaTrader 5
Visit the Go Markets Website: Navigate to the official Go Markets website to begin the registration process.
Fill Out the Registration Form: Provide your personal information, including your name, email address, and phone number.
Choose Your Account Type: Select the account type that best suits your trading needs (e.g., Standard, Go Plus+, Go Pro, Professional, or Corporate).
Verify Your Identity: Upload the necessary documents for identity verification, such as:
- Proof of identity: passport, drivers license, or identity card
- Proof of address: recent utility bill, bank statement, or government-issued document
Fund Your Account: After verification, you will need to deposit funds into your account. The minimum deposit varies by account type, starting from $200.
Start Trading: Once your account is funded, you can begin trading on the Go Markets platform using MetaTrader 4 or MetaTrader 5.
Go Markets Broker Account Opening Process
Opening an account with Go Markets is a straightforward process that can be completed online. Heres how to get started:
The entire process typically takes about one day for account verification and setup.
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