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.
GO Markets Fees, Spreads, and Commission - A Key Point Quick Overview
- ☑️Overview
- ☑️GO Markets Spreads and Fees
- ☑️GO Markets at a glance
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently asked questions
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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.
GO Markets Spreads and Fees
- Due to its global presence, GO Markets may offer various account types that may differ according to the regulated entity to which it complies; therefore, clients may experience different fee structures, too, according to their country or place of residence.
- GO Markets offers raw spreads on GO Plus+ accounts, but charges AUD3 or $2.5 commission per side, which is equivalent to ZAR 33 at the time of writing.
- All spreads are variable as they are aggregated from over 22 liquidity providers.
- A commission of 0.08%, with a $10 / ZAR 160 minimum, is charged when trading Australian share CFDs.
- Like most brokers, GO Markets takes a fee from the spread, which is the difference between the buy and sell price of an instrument.
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% |
| 💰 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) |
| 💰 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+ |
| 📝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 |
 | 58 reviews, overall 3.3/5users highlight good service, stable platform, occasional fee concerns. | 3.3 / 5 |
 | 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 |
| 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 |
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.
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GO Markets ReviewGO Markets Account Types OverviewGO Markets Demo Account – Step by StepGO Markets Minimum Deposit GO Markets Sign up Bonus
Frequently asked questions
What fees does GO Markets charge for trading?
GO Markets charges trading fees mainly through spreads and commissions, depending on account type. Standard accounts include costs within spreads, while GO Plus+ accounts charge commissions per trade alongside raw spreads starting from zero pips.
Does GO Markets charge commission on all accounts?
No, GO Markets does not charge commission on Standard accounts, as costs are included in spreads. However, GO Plus+ accounts apply a commission per lot traded, typically around $2.50 per side for forex trading positions.
What are the spreads on GO Markets Standard accounts?
GO Markets Standard accounts offer spreads starting from approximately 0.8 pips, with no commission fees. These spreads may average around 0.9 pips on major pairs like EUR/USD, making them suitable for beginner traders.
How low are spreads on GO Markets GO Plus+ accounts?
GO Plus+ accounts provide raw spreads starting from 0.0 pips on forex pairs. These tighter spreads are combined with a commission, offering lower overall trading costs for active or high-volume traders.
What commission does GO Markets charge per trade?
GO Markets typically charges a commission of about $2.50 per side per standard forex lot on GO Plus+ accounts. This results in a round-trip cost of approximately $5 per trade for opening and closing positions.
Are there any deposit or withdrawal fees at GO Markets?
GO Markets does not charge internal deposit or withdrawal fees. However, traders may incur external costs from banks, payment providers, or currency conversion, which can affect the final amount received or deposited.
Does GO Markets charge inactivity fees?
GO Markets generally does not charge inactivity fees for most accounts, although some regulated regions may apply charges after prolonged inactivity. Traders should review account terms carefully to understand applicable conditions in their jurisdiction.
Are overnight or swap fees charged by GO Markets?
Yes, GO Markets charges overnight swap fees for positions held beyond market close. These fees depend on the instrument and direction of the trade, and they apply only to leveraged positions held overnight.
Which GO Markets account has lower trading costs?
The GO Plus+ account typically offers lower trading costs due to raw spreads and low commissions. In contrast, Standard accounts may have higher overall costs due to wider spreads despite having no commission charges.
Is GO Markets considered a low-cost broker overall?
Yes, GO Markets is considered a competitive low-cost broker. With tight spreads, low commissions on ECN-style accounts, and no internal funding fees, it offers cost-efficient trading compared to many other forex and CFD brokers.
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