Yes, trading with Go Markets does involve Fees, Spreads, Commissions, and brokers that offer favorable and trader-friendly fees and charge structures. GO Markets’ spread list starts from 0.0 pips.
| 🔎 Broker | Go Markets |
| 📌 Spreads From (pips) | 0.0 pips |
| 💵 Fees | ✔️ Yes |
| 💳 Commissions (Zero Spread Account) | ✔️ Yes |
| 📌Open an Account | 👉 Click Here |
Min Deposit USD 200 Regulators ASIC, CySEC, FSC, FSA, SCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 50+ Islamic Account No Trading Fees Low Account Activation 24 Hours
GO Markets Fees Spreads and Commission – A 7 Key Point Quick Overview
- ✅GO Markets Fees and Spreads
- ✅Go Markets Additional Trading Fees
- ✅Go Markets Broker Fees
- Go Markets Pros and Cons
- GO Markets at a glance
- Conclusion
- Frequently Asked Questions
👉 Here is our overview of the GO Markets Fees Spreads and Commission as well as the features that are offered, which could affect your trading.
GO Markets Fees and Spreads
👉 GO Markets’ spread list starts from 0.0 pips.
👉 GO Markets offers traders with a competitively low and tight spread list as well as commissions that are charged on trades. The fees charged by GO Markets is transparent and traders can expect some of the following, depending on the account traders choose:
| 💰 Standard Account | spreads from 1 pip and zero commissions charged on trades. |
| 💰 GO Plus Account | spreads from 0.0 pips and commissions from 3 AUD/ 48 ZAR per side. |
Go Markets Additional Trading Fees
👉 Traders should always note that overnight fees, otherwise known as swap fees or rollover fees, may be charged for positions held open for longer than a day. Whether GO Markets will deduct or credit traders with swaps will depend on whether traders are in a short or a long position.
👉 Traders must ensure that they familiarise themselves with the swap fees charged before they leave their position open for longer to avoid incurring losses.
👉 GO Markets does not offer Muslim traders the option of converting a live trading account into that of an Islamic Account. For this reason, traders must ensure that they close out their positions before the trading day concludes.
Go Markets Broker Fees
| Currency Name | Currency Symbol |
| 💳 Australian Dollar | AUD |
| 💳 Euro | EUR |
| 💳 Great British Pound | GBP |
| 💳 New Zealand Dollar | NZD |
| 💳 United States Dollar | USD |
| 💳 Singapore Dollar | SGD |
| 💳 Swiss Franc | CHF |
| 💳 Canadian Dollar | CAD |
| 💳 Hong Kong Dollar | HLD |
👉 GO Markets does not charge any deposit fees or withdrawal fees when traders either fund their account or withdraw funds. However, despite this, traders must verify with their financial institution as they may waive fees for processing transactions.
👉 The minimum deposit that traders can expect, despite the account type, is 200 AUD/ R2 200 ZAR, which is higher than the industry average that most brokers charge, however, GO Markets offers traders comprehensive trading solutions.
👉 There are maybe other broker fees charged that are not provided in this review that traders must verify with the broker before traders register a live trading account. Such fees may relate to inactivity fees, currency conversion fees, account maintenance and management fees, and several others.
👉 GO Markets is not a spread betting broker, so spread betting fees will not apply.
Go Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Tight and competitive spreads | Islamic/Swap-Free account is not provided |
| No deposit or withdrawal fees | |
| Low minimum initial deposit amount | |
| Fixed commissions on trades | |
| Low commissions when compared to other brokers | |
GO Markets at a glance
| 📅 Year Founded | 2006 |
| 📍 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 Account | No |
| 🔘 Products Offered | Forex, Share CFDs, Indices, Metals, Commodities, Cryptocurrencies |
| 👮 Is GO Markets safe to trade on? | Yes |
| ⭐ Trust Score | 98% |
💰Deposit | |
| 💰 Minimum Deposit | $200 / 3 200 ZAR |
| 👍 Demo Trading Account available | Yes |
| 💳 Deposit with credit/debit account | Yes |
| 💳 Deposit with Bank Wire | Yes |
| 💳 Deposit with Neteller | Yes |
| 💳 Deposit with Skrill | Yes |
| ⏱️ Deposit Processing Time | Instant (depends on method) |
📈 Currencies and Pairs | |
| 📊 Number of Base Trading Currencies | 9 |
| 💰 Maximum Leverage | ASIC and CySec Jurisdictions 1:30 ROW Jurisdictions 1:500 |
| 💰 Spreads | Start from 0 |
| 💰 Minimum Lot Size | 0.01 |
| 💰 Maximum Lot Size | 40+ |
| 👥 Social / Copy Trading | No |
| 📊 Charting | Yes |
| 📊 AutoChartist | Yes |
| 👀 Watch list | Yes |
| 🚨 Trade Alerts | Yes |
💰 Fees | |
| 💰 Deposit Fee | None |
| 💰 Account Opening Fee | Free |
| 💰 Withdrawal fee | None |
| 📒 Spread Type | Variable |
| 💰 Commission Fee | Yes and No |
| 💰 Inactivity fee | No |
| 📍 Open an account | 👉 Click Here |
Min Deposit USD 200 Regulators ASIC, CySEC, FSC, FSA, SCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 50+ Islamic Account No Trading Fees Low Account Activation 24 Hours
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Conclusion
Established in 2006, GO Markets is a reputable and well-regulated STP and ECN broker that is based in Australia, offering traders from around the world comprehensive trading solutions and services.
GO Markets offers the use of MetaTrader 4, MetaTrader 5, and Myfxbook through which these instruments can be traded. Traders are also offered a wide range of trading tools such as Myfxbook auto trading, AutoChartist, MetaTrader Genesis, Trading Central, a-Quant Daily Trading Strategies, and VPS.
Frequently asked questions
What spreads can I expect with GO Markets?
Spreads from as little as 0.0 pips when using the GO Plus Account.
Does GO Markets offer leverage?
Yes. GO Markets offers maximum leverage of 1:500.
How many instruments can I trade with GO Markets?
You can trade the following instruments:
- Forex
- Shares
- Indices
- Commodities
- Cryptocurrencies
Which platforms are supported by GO Markets?
MetaTrader 4, MetaTrader 5, Myfxbook.
Does GO Markets charge commission?
Yes. Commissions are of 3 AUD per single side are charged when using the GO Plus Account.
Is GO Markets regulated?
Yes. GO Markets is regulated by ASIC, Mauritius FSC, Seychelles FSA, CySEC, SCA (UAE).
Is GO Markets a recommended forex trading broker for experts and beginners?
Yes. GO Markets caters to both beginners and experts.
What is the overall rating out of 10 for GO Markets?
8/10.
