GO Markets

GO Markets is a global online broker that began operations in Australia in 2006. The company is headquartered in Mauritius at Level 7, Office 12, ICONEBENE Lot B441, Rue de L’Institut, Ebene, with additional offices serving its international clientele. As an award-winning provider of CFD trading services, GO Markets has positioned itself as a pioneer in the industry, particularly as one of the first brokers to offer the MetaTrader 4 platform to Australian traders. The broker serves retail and professional traders worldwide, offering access to over 1,000 tradeable instruments across forex, indices, commodities, and cryptocurrencies.

GO Markets operates under multiple regulatory licenses to provide services across different jurisdictions. It holds an Australian Financial Services License (AFSL no. 254963) issued by the Australian Securities and Investments Commission (ASIC), authorizing it as a market maker. In Europe, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license no. 322/17.

Additionally, it holds a derivatives trading license (no. SD043) from the Seychelles Financial Services Authority (FSA). This multi-license structure allows GO Markets to offer its services globally while adhering to the regulatory standards of each region.

The broker offers two main account types: the GO Plus+ account and the Standard account. Both accounts provide maximum leverage of up to 1:500, though leverage may vary based on the client’s jurisdiction and regulatory limits. The GO Plus+ account features raw spreads starting from 0.0 pips with a commission of $2.50 per side per standard lot on forex pairs. The Standard account offers spreads from 0.8 pips with no commission. Minimum deposit requirements are not explicitly disclosed by the broker, but the accounts are designed to accommodate both retail and professional traders.

GO Markets provides a comprehensive suite of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, as well as mobile trading apps and a web-based platform. These platforms are available for desktop, iOS, and Android devices. The broker offers over 1,000 CFD instruments, covering major and minor forex pairs, indices, commodities, precious metals, energies, and cryptocurrencies. This wide selection allows traders to diversify their portfolios and implement various trading strategies.

GO Markets supports several deposit methods, including Visa, Mastercard, Skrill, and bank wire transfer. The broker does not publicly disclose specific withdrawal methods, but client feedback indicates that withdrawals are typically processed via the same method used for deposit. Processing times vary by method, with e-wallet and card withdrawals often faster than bank transfers. The broker emphasizes its commitment to fast and secure fund management, though some clients have reported delays.

GO Markets caters to a broad range of traders, from beginners to experienced professionals. The availability of multiple platforms and account types makes it suitable for scalpers, algorithmic traders, and long-term investors. The broker’s regulatory oversight by ASIC and CySEC provides a layer of protection for traders in these jurisdictions. However, the presence of an offshore SVG entity may be a consideration for traders seeking the highest level of regulatory protection. Overall, GO Markets is designed for traders looking for competitive spreads, a wide instrument range, and the flexibility of multiple trading platforms.