GO MARKETS Broker Review

　　

GO Markets 2025 Review: Everything You Need to Know

　　Summary: GO Markets is a well-regarded forex and CFD broker, founded in 2006, known for its competitive spreads, advanced trading platforms, and robust educational resources. However, potential users should be aware of the varying conditions based on the entity under which they operate, as this can affect their trading experience.

　　Note: It's important to consider that the conditions and features may differ across the various entities of GO Markets, which operate under different regulatory frameworks. This review aims to provide a balanced overview based on the latest information available.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	8
Tools and Resources	9
Customer Service and Support	8
Trading Experience	9
Trustworthiness	9
User Experience	8
Educational Resources	9

　　We evaluate brokers based on comprehensive research and user feedback.

　　

Broker Overview

　　Founded in 2006, GO Markets has established itself as a prominent player in the forex and CFD trading industry. The broker is headquartered in Australia and operates under multiple regulatory bodies, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). GO Markets is recognized as one of Australia's first MetaTrader 4 (MT4) brokers and has since expanded its offerings to include MetaTrader 5 (MT5) and cTrader platforms. Traders can access a diverse range of assets, including forex, indices, commodities, and shares.

　　

Detailed Breakdown

　　

Regulatory Regions

　　GO Markets is regulated in several jurisdictions, including:

• ASIC (Australia)
• CySEC (Cyprus)
• FSC (Mauritius)
• FSA (Seychelles)

　　This multi-regulatory framework enhances the broker's credibility and ensures compliance with stringent financial standards.

　　

Deposit/Withdrawal Currencies and Cryptocurrencies

　　GO Markets supports various base currencies, including AUD, USD, EUR, GBP, NZD, CAD, SGD, CHF, and HKD. However, it does not offer cryptocurrency trading directly, which may limit options for traders interested in digital assets.

　　

Minimum Deposit

　　The minimum deposit required to open an account with GO Markets is $200, which is competitive compared to many brokers in the industry.

　　

Bonuses/Promotions

　　GO Markets occasionally offers promotional incentives, such as welcome bonuses and trading credits. However, specific promotions may vary based on the regulatory entity and the client's location.

　　

Tradable Asset Classes

　　GO Markets provides a wide array of trading instruments, including:

• Forex: Over 50 currency pairs
• Indices: Major global indices
• Commodities: Precious metals like gold and silver
• Shares: CFDs on numerous stocks

　　

Costs (Spreads, Fees, Commissions)

　　The broker offers competitive pricing structures:

• Standard Account: Spreads start at around 1 pip with no commission.
• GO Plus+ Account: Offers spreads from 0.0 pips with a commission of $2.50 per side for standard lots.

　　

Leverage

　　Depending on the regulatory entity, GO Markets offers leverage up to 500:1 for professional accounts, while retail clients in Australia are limited to 30:1.

　　

Allowed Trading Platforms

　　GO Markets supports several trading platforms, including:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader
• WebTrader

　　

Restricted Regions

　　GO Markets does not accept clients from certain regions, including the United States, Japan, Iran, North Korea, and Syria, primarily due to regulatory restrictions.

　　

Available Customer Support Languages

　　The broker provides multilingual customer support, including but not limited to English, Portuguese, Spanish, and Chinese. This enhances accessibility for traders from diverse backgrounds.

　　

Detailed Ratings Breakdown

　　

Account Conditions (Rating: 8/10)

　　GO Markets offers two main account types: the Standard Account and the GO Plus+ Account. The Standard Account is suitable for beginners, providing commission-free trading with spreads starting from 1 pip. The GO Plus+ Account caters to more experienced traders, featuring tighter spreads from 0.0 pips but incurs a commission per trade. This flexibility allows traders to choose the account that best suits their trading style.

　　

Tools and Resources (Rating: 9/10)

　　The broker excels in providing advanced trading tools, including Autochartist, Myfxbook integration, and the Genesis suite for enhanced trading capabilities on MT4 and MT5. These tools can significantly improve trading efficiency and decision-making processes.

　　

Customer Service and Support (Rating: 8/10)

　　GO Markets has received positive feedback for its customer service, which is available 24/5 via live chat, email, and phone. However, some users have reported longer wait times during peak hours, indicating room for improvement.

　　

Trading Experience (Rating: 9/10)

　　The trading platforms offered by GO Markets are user-friendly and equipped with advanced features, enabling traders to execute strategies effectively. The execution speed is generally fast, enhancing the overall trading experience.

　　

Trustworthiness (Rating: 9/10)

　　With multiple regulatory licenses and a commitment to client fund segregation, GO Markets is considered a trustworthy broker. The presence of negative balance protection further enhances its reliability.

　　

User Experience (Rating: 8/10)

　　Users have reported a generally positive trading experience, with the platforms being intuitive and accessible. However, some traders have noted that the mobile app could benefit from additional features, such as two-step authentication for enhanced security.

　　

Educational Resources (Rating: 9/10)

　　GO Markets provides a robust educational suite, including webinars, tutorials, and market analysis, which are particularly beneficial for novice traders looking to enhance their skills.

　　

Conclusion

　　Overall, GO Markets stands out as a reliable and feature-rich broker for both beginners and experienced traders. With competitive spreads, a strong regulatory framework, and a commitment to education, it provides a solid trading environment. However, potential clients should consider the specific conditions based on the regulatory entity under which they operate to ensure they choose the most suitable account type for their needs.