GO Markets Review 2025
Why Trade With GO Markets?
"GO Markets is a top choice for active traders. It offers strong trading tools and minimal spreads starting at 0.0 pips. New traders can benefit from their copy trading tool, free demo account, and learning center."
USA not accepted
Detailed Ratings
Quick Facts
Pros
- Copy trading service
- Outstanding customer service, available 24/5.
- The Standard account offers trading without any commission fees.
- Trade with a minimum lot size of 0.01 and experience zero spreads.
- No inactivity fee
Cons
- Only two account types
- Several countries, including the US, have restrictions on trading.
- $200 minimum deposit
GO Markets is a well-regarded Australian forex broker and CFD provider, offering both MetaTrader 4 and MetaTrader 5 platforms. It provides demo and real-money accounts for traders and offers competitive leverage and fees. Decide if GO Markets is the right choice for your trading needs.
GO Markets Details
GO Markets, established in 2006, is a top Australian broker offering MetaTrader 4 and 5. They also provide WebTrader and mobile trading. With offices in Australia, London, Taipei, and Hong Kong, they are licensed by the ASIC. In 2020, they expanded into the Middle East and Northern Africa as GO Markets MENA DMCC in Dubai. Celebrated for its services, GO Markets has been recognized as the best in education materials, value for money, spreads, trading ideas, and margin requirements by Investment Trends. They offer customer support from Monday to Friday, zero deposit fees, and competitive spreads from 0.0 pips, making them a favorite among beginner traders.
Trading Platforms
GO Markets specializes in providing robust trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader, all accessible on various devices.
WebTrader
GO Markets’ WebTrader offers the same features as MT4 and MT5 in a browser-friendly version. You can trade CFDs and analyze prices from anywhere, without extra downloads. Compatible with Windows, Mac, and Linux, it’s an excellent choice for those seeking convenience.
To place a trade, click ‘trading’ on the menu, select ‘create order,’ fill out the details like account number, order type, and confirm.
MetaTrader Platforms
MT4
MetaTrader 4 is user-friendly yet powerful, suitable for both beginners and seasoned traders. Key benefits include trading forex, indices, and commodities with access to over 600 instruments, automated trading, and a real-time economic calendar.
MT5
MetaTrader 5 offers advanced trading and analytical tools, more order types, and execution options. However, it’s not available for UK clients.
cTrader
cTrader caters to experienced traders, especially those into algorithmic trading. Features include customizable charts, one-click trading, and deep market analysis.
Social and Copy Trading
Myfxbook
Myfxbook AutoTrade lets you copy successful trades and understand market strategies using your GO Markets account. It’s easy and browser-accessible.
cTrader Copy Trading
cTrader also supports copy trading. It’s user-friendly, offering automated strategies and top-notch risk management with personal support from a dedicated account manager.
Share Trading Platform
TradeCentre by FinClear enables you to trade shares with helpful tools like watchlists and heat maps. Available in a Pro version for advanced traders, it provides market data and news via web or mobile.
Markets
GO Markets offers diverse trading options with 600+ CFDs across six asset classes:
- Indices – Trade long or short using 13 Cash CFDs and 2 Futures CFDs, including major indices like FTSE 100 and US 500.
- Commodities – Trade crude oil and gas in spot and futures markets.
- Shares – Access a wide range of Australian, US, and Hong Kong CFDs, with over a thousand stocks added in 2024.
- Forex – Choose from 50+ currency pairs like AUD/USD and EUR/GBP.
- Metals – Invest in gold and silver CFDs with flexible positions.
- Cryptocurrencies – Trade Bitcoin, Ethereum, and more, though only in select markets.
- Treasuries – Engage with bonds from regions like the US and UK, featuring EURO BUND Futures.
- ETFs – Follow indices or sectors with products like the Invesco QQQ Trust Series 1.
Be aware, cryptocurrency trading is limited to specific areas and GO Markets does not offer binary options, even on demos.
Spreads & Fees
GO Markets offers competitive spreads from 0.0 to 12.2 pips on forex pairs. Index spreads start at 0.1 points. Gold, silver, and oil spreads are variable, with live pricing available online.
GO Plus+ accounts incur a commission of A$3.00 per side on a standard lot. Swap rates also apply if you hold a currency pair overnight.
Compared to brokers like Pepperstone or IC Markets, GO Markets provides competitive commissions and spreads.
Leverage Review
GO Markets provides leverage up to 1:500 on forex pairs, up to 1:20 on share CFDs, and up to 1:100 on indices. Client accounts start with a default leverage of 1:100, but you can adjust this from 1:1 to 1:500 based on your balance. Leverage limits differ depending on local regulations across various markets.
Mobile App
GO Markets provides the MetaTrader and cTrader apps for iOS and Android, letting traders operate anytime, anywhere. These mobile apps offer the same functionalities as desktop versions, including quotes, trades, and charts. Download them easily from Google Play or the App Store to stay connected.
Payment Methods
Deposits
GO Markets offers various funding options in multiple currencies, including:
- Bank wire transfer
- Mastercard & Visa
- Checkout.com
- Neteller
- Dotpay
- Skrill
The broker charges no deposit fees, with all except wire transfers and Checkout.com processing instantly. These can take up to three days. International payments may incur transfer or conversion fees.
Withdrawals
Withdrawals use the original funding method when possible and are processed the same day when requested via the online client portal. Processing time varies by provider, with cards and wire transfers taking two to five days. Banks may charge fees, especially for smaller withdrawals.
Demo Account
GO Markets provides a versatile demo account for trading over 350 CFDs. You get $50,000 in virtual funds on MT4 and MT5, accessible on any device. Enjoy real-time spreads, leverage up to 1:500, over 80 technical analysis tools, and 24/5 multilingual support. Set up your paper trading account easily online.
Deals & Promotions
GO Markets offers a 30% trading credit rebate. It applies to live trading accounts ranging from $500 to $25,000 or equivalent currency.
For future GO Markets bonuses, check their website. Following their social media channels can also keep you updated on new promotions and sign-up offers.
Regulation & Reputation
GO Markets Pty Ltd is a well-regulated broker, licensed by:
- Financial Services Commission (FSC) of Mauritius as an Investment Dealer (Discount Broker)
- Australian Securities and Investments Commission (ASIC)
- Cyprus Securities and Exchange Commission (CySEC)
User funds are safely held in separate client trust accounts at top-tier AA-rated Australian banks: National Australia Bank and Commonwealth Bank.
Additional Features
GO Markets excel in offering diverse trading and educational tools for both novices and experts. They provide:
- a-Quant Daily Strategies: Trading signals from machine learning and artificial intelligence
- Trading Central: Enhanced trade insights with analyst support and pattern recognition
- PAMM Platform: Invest with an experienced manager and share profits
- Autochartist: Real-time alerts and volatility analysis for MT4 & MT5 (Windows only)
- Education Centre: Forex guide, video tutorials, courses, webinars, and seminars
- MT4 and MT5 Genesis: Advanced MetaTrader add-ons (Windows only)
- Virtual Private Servers (VPS): Fast server access for MT4 and MT5
- News: Podcasts, economic calendar, and more
Live Accounts
GO Markets provides three account types: Standard, GO Plus+, and Professional. Each account supports nine currencies with a minimum deposit of A$200.
Standard Account
The Standard account operates with no commission, offering spreads from 1.0 pips and leverage up to 1:500. It includes 0.01 lot trade sizes, 24/5 support, an account manager, free VPS, expert advisors, and scalping.
GO Plus+ Account
GO Plus+, an ECN-style account, features ultra-low spreads starting at 0.0 pips with a $3.00 commission per side. It maintains all the Standard account offerings.
Professional Account
A Professional account suits sophisticated and high-net-worth traders. Eligibility for sophisticated traders requires meeting at least two criteria, such as relevant financial sector experience, substantial trade history, or high savings and investments. High-net-worth investors qualify with a gross income of A$250,000 for the past two years or net assets of A$2.5 million. Professional accounts benefit from lower leverage requirements, trade rebates, dedicated support, professional reports, and A$100,000 negative balance protection.
Trading Hours
Forex trading with GO Markets is available 24/5, aligning with global market hours. Stocks and indices depend on their respective exchange times. Cryptos, however, are accessible around the clock, 24/7.
Check out the holiday schedule on their website for specific details.
Customer Support
GO Markets offers multilingual support 24/5 via email or phone. Reach out to them at:
- Email: support.mu@gomarkets.com / newaccounts.mu@gomarkets.com / sales@gomarkets.com
- Phone: Cyprus: +357 25023910, UK: +44 203 637 7618, Australia: 1800 88 55 71, International: +61 3 8566 7680
An alternative to live chat is Quick Support, downloadable from GO Markets’ site, compatible with most systems.
Chinese support is accessible at:
- Phone: 03 8658 0602 (墨尔本)
- Email: enquiry@gomarkets.com
- WeChat: gomarketsau3
Stay updated with GO Markets on:
- YouTube
Their headquarters is at Level 11, 447 Collins Street, Melbourne, Australia. There’s a European office in Limassol, Cyprus, and a UK branch as GO Markets London Limited at Level 6, 107 Cheapside, London, EC2V 6DN.
Security & Safety
GO Markets follows data protection laws, including the Australian Privacy Act 1988 and EU GDPR. MT4 and MT5 platforms use high security standards. Data exchanges between the client terminal and servers are encrypted. You can also use two-factor authentication for login.
GO Markets Verdict
GO Markets excels in trading with its standout investing experience, robust support, and effective tools. The MT4 and MT5 platforms are perfect for traders at any level. Tight spreads and low commission fees make GO Markets a wise choice for efficient asset trading.
Alternatives To GO Markets
These similar brokers are the highest rated alternatives to GO Markets.
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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2Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
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3Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
Plus500 US 
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