Go Markets Account Types

Go Markets offers a variety of account types to cater to different trading needs and experience levels. The available account types include:

• Standard Account:
• Best For: Casual traders and beginners.
• Minimum Deposit: $200 AUD.
• Spreads: Starts from 1 pip.
• Commission: None (trading costs are included in spreads).
• Leverage: Up to 1:500.
• Features: Access to a wide range of instruments, including forex, indices, commodities, and shares.
• Go Plus+ Account:
• Best For: Experienced and algorithmic traders.
• Minimum Deposit: $200 AUD.
• Spreads: Starts from 0.0 pips.
• Commission: $3 per side on a standard lot.
• Leverage: Up to 1:500.
• Features: Tighter spreads, suitable for high-volume trading, and supports algorithmic trading.
• Pro Account:
• Best For: Professional traders and institutions.
• Minimum Deposit: $3,000 AUD.
• Spreads: Starts from 0 pips.
• Commission: $7 per lot on forex and metals, $2 per lot on commodities and indices.
• Leverage: Up to 1:300.
• Features: Customizable trading conditions, dedicated account manager, and access to deeper liquidity pools.
• Demo Account:
• Best For: Beginners wanting to practice trading.
• Minimum Deposit: Virtual funds of $50,000.
• Features: Risk-free environment to test strategies and familiarize with the platform.
• Islamic Account:
• Best For: Muslim traders adhering to sharia law.
• Features: No swap fees or interest on overnight positions.

Go Markets Broker Account Opening Process

Opening an account with Go Markets is a straightforward and fully digital process. Here are the steps involved:

• Visit the Go Markets Website: Go to the official Go Markets website.

• Choose Account Type: Select the account type that suits your trading needs (Standard, Go Plus+, etc.).

• Fill Out Registration Form: Complete the registration form with your personal information, including name, email, date of birth, and phone number.

• Verify Identity: Upload required documents for identity verification, such as:

• Proof of identity (passport, driver's license, etc.).
• Proof of address (utility bill, bank statement, etc.).

• Select Base Currency: Choose your preferred base currency from options like AUD, USD, EUR, GBP, etc.

• Fund Your Account: Make the initial deposit to activate your account. The minimum deposit varies based on the account type (e.g., $200 AUD for Standard and Go Plus+ accounts).

• Start Trading: Once your account is verified and funded, you can log in to your trading platform (MT4 or MT5) and start trading.

Go Markets aims to finalize account opening requests within 24 hours, ensuring a quick and efficient onboarding process.