GoMarkets Demo Account Review

  Yes, the GO Markets Demo Account offers various features for new traders. Opening a Demo account is free of charge, risk-free, and allows traders to have access to the same functions, features, and options that they normally would on a live trading account.  

💰 Min Deposit: $200
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, CySEC, FSC, FSA, SCA
 

 GO Markets Demo Account Types - A Key Point Quick Overview

  1. ☑️Overview
  2. ☑️GO Markets Demo Account Features
  3. ☑️How to set up a Go Markets Demo Account – Step-by-Step guide
  4. ☑️GO Markets at a glance
  5. ☑️Customer Reviews
  6. ☑️Pros and Cons
  7. ☑️Conclusion
  8. ☑️Frequently asked questions

 

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Overview

Overview

 

  • According to research in South Africa, GO Markets is based in Australia and was established in 2006.
  • Go Markets has offices in Australia, Cyprus, Mauritius, Seychelles, and the UAE.
  • As the industry and clients’ expectations keep evolving, GO Markets has positioned itself as a leading and trusted Australian-regulated broker, committed to refining its technology and client education to provide tailored services.
  • GO Markets currently offers a spread-based and commission-based trading account with more than 600+ tradeable CFD instruments, including Forex, Indices and Commodities, and Cryptocurrencies. 

 

💰 Min Deposit: $200
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, CySEC, FSC, FSA, SCA
 

GO Markets Demo Account Features

GO Markets Demo Account

 

  • The GO Markets demo account features will depend on the trading platform that the trader uses, whether MetaTrader 4 or MetaTrader 5, in conjunction with the demo account.
  • In other words, the demo account features can be accessed through the trading platform and will depend on GO Markets’ offering with regard to asset classes, financial instruments, spreads, leverage, and so on.

 

💰 Min Deposit: $200
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, CySEC, FSC, FSA, SCA
 

How to set up a Go Markets Demo Account – Step-by-Step guide

Setting up a demo account with GO Markets is an easy and straightforward process that consists of the following steps:  

Step 1: Navigate to the Go Markets homepage.

  • Traders can navigate to the GO Markets homepage and select the option  ‘Try free demo’ from the homepage to sign up for the demo account.

  How to set up a Go Markets Demo Account – Step 1  

Step 2: Fill out the Go Markets account registration form

  • Once redirected to a new page containing the online application form.
  • Traders must complete the required fields with their First and Last Name, email address, mobile number, preferred trading platform, account type, and base currency.

  How to set up a Go Markets Demo Account – Step 2  

Step 3: Confirmation of registration with Go Markets.

  • A password will be SMSed to your mobile number.
  • A download for the trading platform the trader chose will automatically start, and details can be filled in below to start trading on the demo account.

  How to set up a Go Markets Demo Account – Step 3  

💰 Min Deposit: $200
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, CySEC, FSC, FSA, SCA
   

GO Markets at a glance

📅 Year Founded2006
📍 Head Office Australia
☎️ Head Office Telephone Number 1800 88 55 71
⚖️ Financial Regulatory Bodies ASIC, Mauritius FSC, Seychelles FSA, CySEC, SCA (UAE)
🏦 Publicly Traded No
👥 Active Traders 100 000+
🏆 Awards Investment Trends (Best Customer Service & Educational Materials
📊 Trading Desk Type Hybrid
🇺🇸 Accept US Clients No
🚀 Welcome Bonus No (allowed in ASIC & CySec entities)
📒 Account Types GO Plus+ and Standard
🌐 Account Open Languages English, Indonesia, Chinese, Malaysia, Vietnamese
🛡️ Active Trader or VIP Discounts Yes
☪️ Islamic AccountNo
🔘 Products Offered Forex, Share CFDs, Indices, Metals, Commodities, Cryptocurrencies
👮 Is GO Markets safe to trade on? Yes
⭐ Trust Score 98%
💰 Minimum Deposit $200 / 3 200 ZAR
👍 Demo Trading Account available Yes
💳 Deposit with credit/debit account Yes
💳 Deposit with Bank WireYes
💳 Deposit with Neteller Yes
💳 Deposit with Skrill Yes
⏱️ Deposit Processing Time Instant (depends on method)
💰 Maximum Leverage ASIC and CySec Jurisdictions 1:30 ROW Jurisdictions 1:500
💰 SpreadsStart from 0
💰 Minimum Lot Size0.01
💰 Maximum Lot Size 40+
📝Sign up👉 Open Account
 

Customer Reviews

  • Customer reviews for GO Markets are generally positive, highlighting the broker’s reliability, fast execution, and excellent customer service.
  • Traders appreciate the user-friendly interface of MetaTrader platforms and the competitive spreads, especially on the GO Plus+ account. Many users commend the smooth deposit and withdrawal processes, as well as the helpful and responsive support team.
  • Educational resources and trading tools like VPS and Autochartist are also praised by newer traders.

 

Customers Ratings

🌐 Platform📝 Feedback Summary⭐ Rating
Myfxbook logo
58 reviews, overall 3.3/5users highlight good service, stable platform, occasional fee concerns.3.3 / 5
TrustPilot Logo
498–500 reviews, 4.8/5; 86% 5-star, 9% 4-star, <1% 2/1-star. Fast support, reliable withdrawals praised.4.8 / 5
 

Pros and Cons

✅Pros❌ Cons
Sign-up for the demo account is quick and hassle-freeNone noted
 

You might also like:

GO Markets ReviewGO Markets Account Types OverviewGO Markets Fees and SpreadsGO Markets Minimum Deposit GO Markets Sign up Bonus

 

Conclusion

GO Markets offers traders flexible solutions that cater to a variety of traders, from beginners to professional traders. GO Markets' Demo account offers risk-free trading with all the features of a live account.

 

Frequently asked questions

 

Can you trade forex with a demo account?

Yes, trade forex in real-time with your demo account. This virtual account mirrors the same market conditions as real trading on a platform.  

Is demo trading with Go Markets free?

Yes, as is the case with most brokers, you can open your Go Market demo account absolutely free.  

For how long is the demo account valid?

The general validity of demo accounts offered by most brokers is 30 days.  

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform. A demo account can be used for a variety of reasons, including practice trading, testing trading strategies, exploring platforms and offers, and more.  

Which live trading accounts does GO Markets offer?

No. Go Markets does not offer Muslim traders the option of converting either of the live trading accounts into an Islamic Account.  

What are the available deposit currencies for a live trading account?

  • AUD
  • USD
  • EUR
  • GBP
  • NZD
  • CAD
  • SGD
  • CHF
  • HKD

 

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