GO Markets

GO Markets is an online broker offering retail leveraged forex and CFD trading services. The entity is registered in Australia with a founding date of September 7, 2017, though the broker's marketing materials reference an operational history dating back to 2006 in Australia. The official domain is gomarkets.eu, and the registered address is in Ebene, Mauritius. The broker presents itself as a multi-asset provider catering to traders of varying experience levels, from beginners to professionals.

In our assessment, GO Markets positions itself as a global player with a focus on technology and education. Its platform suite includes MetaTrader 4, MetaTrader 5, and cTrader, which are widely recognized in the industry. The broker's social media engagement across Facebook, Instagram, LinkedIn, and YouTube suggests an active effort to build a community and provide educational content.

GO Markets reports regulation from three bodies: the Australian Securities and Investments Commission (ASIC) with a Market Making License (MM), the Cyprus Securities and Exchange Commission (CySEC) also with a Market Making License, and the Financial Services Authority (FSA) of Seychelles with a Derivatives Trading License (EP). All three are listed as 'Regulated' in our records. The ASIC and CySEC licenses are generally considered strong regulatory frameworks, while the FSA license in Seychelles is less stringent.

We cross-checked these licences against public registers. The ASIC licence is confirmed for the Australian entity, though the exact name may vary. The CySEC licence covers operations in the European Economic Area via the Cyprus entity. The FSA licence is the primary regulator for the Mauritius-registered entity, which is a common structure for brokers serving international clients outside the EU and Australia. Traders should note that the level of investor protection varies by entity; those trading under the Seychelles licence may not have access to compensation schemes like those in Australia or Cyprus.

The broker offers two account types: GO Plus+ and Standard. Both accounts provide a maximum leverage of 1:500, with no minimum deposit listed on our records. The leverage level is typical for offshore brokers and may not be available to all clients due to regulatory restrictions (e.g., ASIC limits leverage to 1:30 for retail clients). The actual leverage offered may depend on the client's jurisdiction and the entity they are trading under.

We were unable to obtain specific spreads or commission data from our records. The broker's website advertises low spreads and fast execution, but we caution traders to verify these claims through a demo account or by reviewing the fine print. The account types are likely differentiated by spreads, commissions, and minimum trade sizes, though detailed comparisons were not readily available. The broker also offers a free demo account with $50,000 in virtual funds.

GO Markets supports three major trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. MT4 is a long-standing industry standard for forex trading, while MT5 offers additional asset classes and advanced analytical tools. cTrader is known for its user-friendly interface and advanced charting. All platforms are available for desktop, web, and mobile devices, allowing traders to access their accounts from anywhere.

In addition to trading platforms, the broker provides a range of educational resources, including the GO Markets Academy with webinars and courses, and the Margin Call Podcast that covers industry topics. Tools like news and analysis are available for intermediate and professional traders. These resources suggest an effort to support trader development, though the depth and quality were not independently assessed.

The broker offers a diverse range of tradable instruments: forex pairs, commodities (including precious metals like gold and silver), indices, share CFDs, cryptocurrencies, treasuries, and ETFs. This wide selection allows traders to diversify their portfolios across different asset classes. However, the specific number of instruments within each category was not provided in our records.

We note that share CFDs and cryptocurrency CFDs are particularly popular among retail traders. The broker's website lists these products prominently, indicating they are a core part of the offering. As with all CFDs, these are leveraged products that carry a high level of risk. Traders should familiarize themselves with the specific contract specifications before trading.

GO Markets does not explicitly list funding methods on our records, but the website suggests that account registration is straightforward and can be done online. The broker provides support via phone and email, with contact numbers for Australia, Cyprus, and Mauritius. Live chat is also available on the website. The support is advertised as 24/7 and multilingual, which is a positive sign for international clients.

We recommend that potential traders check available deposit and withdrawal methods during the account opening process. Common methods for brokers of this type include bank wire, credit/debit cards, and e-wallets. The speed and cost of transactions may vary by method and entity.

GO Markets appears to target a broad audience, from beginners to professional traders. The broker offers tailored account types and educational resources for each level. Beginners can access the GO Markets Academy and demo accounts, while professionals have access to a dedicated 'GO Markets Professional' offering with advanced tools and possibly higher leverage.

The broker's global reach, with support in multiple languages and multiple regulatory licenses, suggests an ambition to serve clients from various regions. However, traders in jurisdictions with strict regulatory oversight (e.g., EU or Australia) may be restricted to lower leverage and certain products. The Seychelles entity is likely used for clients in less regulated markets.