GO Markets Review

Overall, GO Markets can be seen as a reputable and worthwhile broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and is considered an average-risk broker. Go Markets offers exceptional client support and has a trust score of 87 out of 99.

GO Markets at a glance

Overall Rating

• 4.5/5

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OPEN AN ACCOUNT

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 Review – A 24 Key Point Quick Overview

1. ✅Who is GO Markets?
2. ✅Go Markets – Safe or a Scam?
3. ✅GO Markets pros and cons
4. Leverage
5. GO Markets Accounts
6. Standard Account
7. GO Plus+ Account
8. Demo Account
9. Islamic Account
10. Market instruments
11. GO Markets Fees
12. Go Markets Deposit and withdrawal
13. Go Markets Trading platforms
14. How to open a GO Markets account
15. GO Markets also does not accept applications from the following countries:
16. Customer support
17. Education
18. Research
19. Comparison Go Markets vs Other Brokers
20. Awards
21. GO Markets Customer Reviews
22. Conclusion
23. Disclaimer
24. Frequently asked questions

Who is GO Markets?

👉 According to research in South Africa, GO Markets is based in Australia and was established in 2006. G Markets have offices in Australia, Cyprus, Mauritius, Seychelles, and 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 was widely recognized as the first MT4 broker in Australia and has since added MT5, mobile trading, and a web-based platform to its suite of platforms. GO Markets has offices in Melbourne, Australia, London, Taiwan as well as Hong Kong.

Go Markets – Safe or a Scam?

👉 One of the best benchmarks to measure the safety of a broker like GO Markets, is to establish which regulating authorities act as watchdogs over its operations. GO Markets is licensed by the following authorities:

🏛  ASIC

🏛 Mauritius FSC

🏛 Seychelles FSA

🏛 CySEC

🏛  SCA (UAE)

👉 GO Markets’ servers are located in the Equinix LD4 data centers providing a low latency environment to execute your trades. All client funds are held in separate client trust accounts at top-tier AA-rated Australian banks like the National Australia Bank and Commonwealth Bank.

👉 Clients are not left on their own as GO Markets’ friendly customer support team is available 24/5 to help them with their trading needs. Trading transactions on the company’s wide range of products like Forex, Share CFDs, Indices and Commodities, can all be done from one account, which can be securely funded by using 3D Secure which provides extra protection for online payments.

GO Markets pros and cons

Leverage

👉 Leverage is a facility that enables you to get a much larger exposure to the market you are trading on than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

👉 Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

👉 By default, all GO Markets client accounts are set up for using a leverage rate of 100:1 (1%). According to the account balance, a client may choose a rate from 1:1 (no leverage) to a maximum of 500:1.

👉 Clients should understand the concept of leverage and how it may impact their trading and carefully consider which leverage rate is appropriate for their needs.

👉 Traders should also note that certain currencies attract a higher margin rate irrespective of your account leverage. Some currencies may have a fixed leverage rate, while others (such as exotic currencies), may require up to five times the margin rate of a major currency.

Overall Rating

• 4.5/5

Read Review

OPEN AN ACCOUNT

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 Accounts

👉 GO Markets provides two main account types that each have unique trading conditions and serve the purpose of providing traders with a dynamic trading experience and environment along with being the best pricing schedule. The main charge is through spreads on a standard account.

👉 The GO Markets accounts include:

📈 Standard account

📈 GO Plus+ account

Standard Account

👉 Suitable for beginners and more experienced traders and has the following features:

GO Plus+ Account

👉 For more experience with truly competitive trading conditions along with the following advanced features:

Demo Account

👉 GO Markets offers traders the option of opening a Demo account which can be utilized in various ways, including, but not limited to the following:

👉 A practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.

👉 Traders who are evaluating and comparing brokers who would like to explore GO Markets’ trading conditions in a risk-free environment, and Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.

👉 GO Markets’ demo account sign-up is fully digitalized and hassle-free. It can be done within a few minutes and as soon as the trader is registered, demo trading can commence once either MetaTrader 4 or MetaTrader 5 has been installed on either of the following:

💻 Desktop PCs that use Linux, Windows, macOS

📲 Mobile devices such as tablets and smartphones that run Android or iOS operating systems.

📈 Alternatively, traders can easily access the trading platforms from their web browser and use their credentials to sign into their GO Markets Demo Account using either MetaTrader 4 or MetaTrader 5’s WebTrader.

📊 MetaTrader 4 and MetaTrader 5 are two of the most popular and user-friendly trading platforms used by thousands of traders and offered by numerous brokers due to the technological advancement in providing traders with the best trading experience.

Overall Rating

• 4.5/5

Read Review

OPEN AN ACCOUNT

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

Islamic Account

👉 GO Markets does not offer an Islamic account also known as a swap-free account option. The purpose of an Islamic Account is that it caters specifically to Muslim traders who strictly follow Sharia law, which prevents its followers from paying any interest, such as overnight fees, which is seen as wasteful or exploitive.

👉 Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

👉 GO Markets does not offer Muslim traders who follow the Shariah Law the option to convert any of the live accounts offered into that of an Islamic Account to exempt Muslim traders from having to pay interest such as overnight fees, or swaps.

👉 Muslim traders who wish to register an account with GO Markets will have to ensure that any open positions are closed before the trading day has concluded to avoid being charged for swaps or overnight fees which are prohibited by Sharia Law.

Market instruments

 The most popular market instruments available from brokers for trading include:

Forex

📉 Forex trading, currency trading, or FX trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Commodities

📉 Along with currency exchange markets, commodity markets offer many investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty.

Indices

📉 Equity indices, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market.

Precious metals

📉 The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

Energy

📉 The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.

GO Markets offers more than 600+ products including Forex, Share CFDs, Commodities, Indices, and Metals for trading, including:

✔ Forex – 50+ currency pairs available

✔ Share CFDs – trade 200 ASX Share (CFDs) with margin requirements from 5%

✔ Indices – access a wide range of Index CFD trades via MT4 & MT5 platforms

✔ Metals – access a range of precious metal pairs

✔ Commodities – trade one of the most heavily traded products in global markets

GO Markets 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 sells price of an instrument.

Go Markets Deposit and withdrawal

💳 GO Markets deposits, withdrawals, and internal transfers can be performed from the Client Portal and credit cards, Bank Transfer, Poli, Fasapay, and BPAY.

💳 GO Markets does not charge deposit fees for Visa or Mastercard, Skrill, Neteller, Fasapy, and Bank Transfers.

💳 Third-party payments and over-the-counter cash payments to GO Markets are prohibited.

💳  Jurisdictional regulations apply in ASIC and CySEC entities.

💳 After opening your trading account, you can deposit funds using any of these transfer methods and you can hold your funds in several base currencies. Third-party payments and over-the-counter cash payments to GO Markets are prohibited.

💳 Withdrawal forms received before 13:00 AEST will be processed on that day. Any forms received after this may not be processed until the next business day.

💳 Withdrawn funds can only be returned to a bank account in the same name (or joint) as your GO Markets account, due to third-party transaction regulations.

💳 GO Markets does not charge any internal fees for withdrawals, but withdrawals to non-Australian banking institutions may be subject to bank fees.

Go Markets Trading platforms

👉 A forex trading platform is software provided by GO Markets to its clients to carry out their trades.

👉 A multi-asset trading platform is one that allows clients to trade forex but other asset classes, including CFDs on stocks, stock indices, precious metals, and cryptocurrencies as well.

👉 The decision about which platform to choose will always depend on what a client would like to trade.

👉 When it comes to trading, the right CFD trading platform is needed to carry out your trades. GO Markets offers both the powerful MetaTrader4 and MetaTrader 5 as desktop and mobile trading platform options, due to its efficient and high-quality trading opportunities.

👉 MT4 for mobile allows traders to trade anywhere at any time, analyze trading markets, and easily access expert advisors. MT4 is predominantly a Forex trading platform, while MT5 is a multi-asset CFD trading platform.

Other handy trading tools offered by GO Markets include:

📈 MT4/MT5 Genesis – a suite of trading tools that help to enhance trades and can be used for Forex, indices, and commodities.

📈 Autochartist – helps traders with its pattern recognition tool, simplifying technical analysis and identifying trading opportunities based on key support and resistance levels. It alerts traders of new opportunities.

📈 Myfxbook – a popular trading tool able to copy trades from successful trading systems.

📈 Trading Central – a collection of programs that offer investment support with 24-hour multi-asset coverage, technical and fundamental analysis, and back-tested trading strategies.

📈 GO Markets Virtual Private Servers (VPS) for MT4 & MT5 allow you to execute trades using Expert Advisors (EAs) fast and easily, allowing more efficient trading.

How to open a GO Markets account

👉 Step 1: Navigate to the GO Market homepage

Select the “Account types” bar and trading account you would like to open with Go Markets

👉 Step 2: Choose between a demo account or opening a live account.

Open the GO Markets account page and can then select the option  ‘Try free demo’ from the homepage to sign up for the GO Market demo account.

👉 Step 3: Fill in Your Personal Details.

Once redirected to the accounts registration 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.

👉 Step 4: Confirmation of Registration.

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.

👉 Step 5: Log in to the Client Portal with your details to start trading.

The GO Markets review is simple and easy.

👉 Similar to a bank, if you want to register a forex trading account with GO Markets for the first time, you will be required to go through a basic “know your customer” process, which will allow GO Markets to make sure that your submitted personal details are correct.

👉 This will also ensure the safety of your funds and your account details are ensured. After the initial registration, you will normally be emailed your login details that will correspond to a login on a trading platform matching your type of account.

👉 The process to open a new live trading account with GO Markets is quick and easy, with dedicated support to help you on your way.

👉 Applicants from outside Australia must check their local laws and regulations before applying for an account.

👉 GO Markets does not accept live account applications from clients resident in countries such as; Israel, Belgium, Canada, Japan, New Zealand, Turkey, the United States of America, and Vietnam (among others).

GO Markets also does not accept applications from the following countries:

• Afghanistan
• Azerbaijan
• Botswana
• Bosnia and Herzegovina
• Burundi
• Central African Rep
• Congo
• Cote D’Ivoire
• Ethiopia
• Eritrea
• State of Palestine
• Ghana
• Guinea Bissau
• Haiti
• Iran
• Iraq
• Lebanon
• Libya
• Myanmar
• Nicaragua
• North Korea (DPRK)
• Pakistan
• Serbia
• Sierra Leone
• Somalia
• Sudan
• South Sudan
• Syria
• The Bahamas
• Trinidad and Tobago
• Tunisia
• Venezuela
• Yemen
• Zimbabwe

Customer support

📞 Support is available 24/5. Potential traders need to make sure the broker company they choose will offer support and help whenever they may need it, in order to help customers to easily find the exact answers to their questions and offer them the best user experience.

📞 In the case of GO Markets, they offer QuickSupport, a remote support application. It is accessed by clicking on the appropriate link on your system and following these steps:

• Allow Remote Control Access
• Run GO Markets QS
• Double click on the ‘TeamViewQS’ application
• Accept the disclaimer
• Read the disclaimer and click ‘accept’.
• Provide ID and Password
• Provide your ‘TeamViewer ID’ and ‘Password’ to GO Markets support staff every time you need help.
• GO Markets support staff can then temporarily and securely connect to your computer and remotely solve the issue.

Education

👉 Before starting to trade, potential clients of GO Markets should avail themselves of all the possible information and trading skills needed to be successful in the world of forex and commodity trading. If GO Markets’ website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge.

👉 GO Markets provides their clients with education and market analysis to enable them to be as informed as possible before trading the currency markets. GO Markets’ Forex demo account is one of the best ways to experience the real trading environment and it is supplemented by a full suite of educational material, including video tutorials.

👉 GO Markets also has a Forex Education Center which provides you with options to learn basic and advanced features of trading. Other education courses and training sessions are offered through live webinars.

Research

🔍 To be able to trade with confidence and success, potential traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal. This will ensure that they don’t lose money unnecessarily but are able to make their trade as profitable as possible.

🔍 At GO Markets traders can sign up for a newsletter and daily commentary to receive daily market news and monthly newsletters, delivered directly to their inbox.

🔍 A downloadable Forex Smart Guide gives you a greater level of transparency into trading CFDs and Forex. This information should be considered in conjunction with their Product Disclosure Statement and Financial Services Guide.

Comparison Go Markets vs Other Brokers

Awards

🥇 In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation.

GO Markets has achieved the following recently:

🥇 Investment Trends’ Australia’s Leverage Trading Report, GO Markets was rated first for customer service in 2019 and 2025 and their educational programs achieved the highest satisfaction award for the past three years since 2019.

🥇 2025 Winner of value for Money, Margin Requirements, Responsiveness to COVID-19 situation, Spreads and Trading Ideas and strategies, and No.1 actual advocacy from users.

GO Markets Customer Reviews

Overall Rating

• 4.5/5

Read Review

OPEN AN ACCOUNT

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

GO Markets is a worthwhile option for potential traders, as it has maintained consistent growth to become one of Australia’s leading brokers. Both its MT4 and MT5 platforms are perfect for analysis, manual and auto trading, strategy development, and all trading styles. The company’s provided tools are invaluable to trade forex and CFD assets efficiently.

Disclaimer

GO Markets warns customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors. Before deciding to trade the products offered by GO Markets, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose, according to research in South Africa.

Frequently asked questions

What is Go Markets Overall Review Rating?

8/10

What is the minimum deposit to start trading on Go Markets?

$200

Is Go Markets safe and secure?

Yes, 100 %

Does Go Markets offer a demo account?

Yes

Is Go Markets regulated?

Go Markets is regulated by ASIC, Mauritius FSC, Seychelles FSA, CySEC, and SCA (UAE)