GO Markets in a Nutshell
GO Markets is an Australian-founded Forex and CFD broker established in 2006. It now serves clients in more than 150 countries and offers more than 2,000 CFD products across Forex, shares, indices, commodities, cryptocurrencies, bonds and ETFs. The broker operates as a market maker and is best suited to intermediate traders, especially scalpers, day traders and platform-focused CFD traders. Beginners still get a demo account, educational materials and a Micro account, while experienced traders can use API trading, VPS hosting, copy trading and professional account features.
The international offering supports leverage up to 1:500 where permitted, a general minimum trade size of 0.01 lots and floating spreads. Standard pricing starts from 0.8 pips with $0 separate Forex commission. GO Plus+ starts from 0.0 pips and charges $2.50 per side for one standard Forex lot on USD-based pricing. There is no general minimum deposit requirement for a standard live account, while the Micro account starts from $10. Trading conditions and client protections depend on the legal entity.
Pros
- More than 2,000 CFD products
- $0 internal deposit and withdrawal fees
- MT4, MT5, cTrader, TradingView and GO TradeX™ are available
- Copy trading is allowed
- 24/7 customer support
Cons
- Swap charges apply to standard overnight positions
- Currency conversion charges can apply
- GO Professional has eligibility rules
How we test Brokers ?
Trust and Safety
Regulation
GO Markets operates through several regulated entities. GO Markets Pty Limited in Australia is regulated by ASIC under AFSL 254963. GO Markets Ltd in Cyprus is regulated by CySEC under license 322/17. GO Markets Pty Ltd in Mauritius is regulated by the Financial Services Commission under license GB 19024896. The group has also operated a Seychelles entity regulated by the Financial Services Authority under Securities Dealer License SD043. The regulator attached to the account determines the exact leverage and retail protections.
How You Are Protected
GO Markets uses segregated client money arrangements, KYC verification and account controls. Australian retail clients receive negative balance protection. Eligible retail clients under the CySEC entity can access the Cyprus Investor Compensation Fund under applicable rules. Professional and wholesale clients receive fewer retail protections in certain jurisdictions. Third-party deposits are prohibited, and withdrawals are normally returned to a payment source held in the same name as the trading account.
Pricing and Fees
Spreads
GO Markets uses floating spreads. Standard accounts place most Forex trading cost inside the spread, while GO Plus+ combines tighter pricing with a separate commission. Standard pricing starts from 0.8 pips and GO Plus+ starts from 0.0 pips. Live spreads can widen when liquidity falls or volatility increases.
Market execution can produce positive or negative slippage, especially during sharp price moves and thin liquidity.
Commissions
The Standard account charges $0 separate Forex commission. GO Plus+ charges $2.50 per side for one standard Forex lot when the account base currency is USD. The commission is added to the rawer spread, so active traders need to assess both costs together. US share CFDs also use a separate share-based commission structure.
Swap Fees
Standard accounts can pay or receive an overnight swap when positions remain open through rollover. The amount depends on the instrument, direction and financing rate. Forex swaps are normally tripled on Wednesday. Swap-free Islamic accounts remove interest, but daily administration fees apply after 11 swap-free days. Fees start at $8 per lot for indices, $10 for cryptocurrencies, $15 for spot Brent and spot WTI, $40 for Forex and metals and $50 for BTC.
Non-Trading Fees
GO Markets charges no inactivity fee and no internal fee for supported deposits or withdrawals. External banks and payment providers can apply their own charges. A currency conversion fee can also apply when the transaction currency differs from the account-based currency. Available base currencies include AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD and HKD.
Deposits and Withdrawals
Deposit Methods
Funding methods depend on country and entity. The international service supports Visa, Mastercard, Skrill, Neteller, local bank transfer, international bank transfer and USDT. The Client Portal shows the methods available for each account. Third-party funding is not accepted.
Deposit Fees and Processing Time
GO Markets charges $0 internal deposit fees. Visa and MasterCard deposits take up to one hour. Skrill and Neteller normally take 1 to 2 hours. USDT and supported local bank transfers take up to one hour. International bank transfers normally take 1 to 2 business days. First-time funding can take 1 to 3 business days for verification.
Withdrawal Methods
Withdrawals are requested through the Client Portal and are generally returned to the original funding source. The destination must be in the same name as the trading account. Card withdrawals are limited to the amount originally deposited by that card, with excess funds sent to an eligible bank account.
Withdrawal Fees and Processing Time
GO Markets charges $0 internal withdrawal fees. Requests are typically processed within 24 hours, while first-time withdrawals can take up to 3 business days. The current funding schedule lists card, e-wallet, bank and USDT withdrawals at about 1 business day after processing. External charges remain the client's responsibility.
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Markets and Assets
Forex
GO Markets offers major, minor and less common Forex pairs with floating spreads and market execution. The international maximum reaches 1:500 where permitted. EU and Australian retail clients face lower limits, including up to 1:30 on major Forex pairs and 1:20 on minor pairs. Scalping, hedging, news trading and Expert Advisors are allowed.
Share CFDs
Share CFDs cover major international equity markets and allow long or short positions without ownership of the underlying shares. Retail leverage under strict jurisdictions is commonly up to 1:5, while approved professional accounts can reach up to 1:20. Commission and market data charges vary by exchange.
Index CFDs
CFD cover major global benchmarks. The international structure can provide leverage up to 1:500 on selected products where permitted. EU retail leverage is limited to 1:20 on major indices and 1:10 on minor indices. Professional leverage can reach 1:500 on major indices and 1:200 on minor indices.
Commodity CFDs
The commodity range covers metals, energy and agricultural markets, including gold, silver, crude oil, natural gas, wheat and soybeans. EU retail leverage is limited to 1:20 on gold and 1:10 on oil and other commodities. Professional leverage can reach 1:500 on gold and 1:200 on oil and other commodity CFDs.
Cryptocurrency CFDs
Cryptocurrency CFDs provide price exposure without ownership of the underlying coins. Retail leverage under the CySEC framework is limited to 1:2, while professional structures can provide up to 1:500 on selected crypto CFDs. Tiered margin rules can increase margin requirements as position size grows.
Bonds and ETF CFDs
Bond CFDs provide exposure to government debt price movements, while ETF CFDs cover grouped market themes and sectors. Leverage and margin vary by instrument, entity and client classification. These are CFDs, so traders do not own the underlying bond or ETF.
Platform & Tool Variety
Trading Platforms
Platform choice is a major strength. MetaTrader 4 supports Expert Advisors and custom indicators. MetaTrader 5 adds more order types, broader market support and stronger strategy testing. cTrader provides advanced charting and algorithmic trading. TradingView adds browser-based charting, alerts and a large indicator library. GO TradeX™ is the proprietary mobile-focused platform, while GO WebTrader provides browser access to MetaTrader accounts. Desktop, Android and iOS trading are supported.
Trading Tools
The tool set includes API trading, VPS hosting, MetaTrader Genesis, MetaTrader copy trading, cTrader copy trading, PAMM and Signal Center. Copy trading and social trading are available, while VPS hosting supports continuous Expert Advisor operation. PAMM is available in eligible regions. Signal Center adds analyst-driven trade ideas. The trading server uses EET, GMT+2 in standard time and GMT+3 during daylight saving time.
Account Types and Conditions
Account Types
The general minimum trade size is 0.01 lots. Margin call and stop-out levels are listed at 80% and 50% respectively. Hedging, scalping and news trading are allowed. A demo account is available. The swap-free profile is restricted to MT4 with USD as its base currency, while GO Professional requires an eligibility assessment.
How to Open an Account
- Select an individual, joint, company or trust application.
- Enter the required personal and contact information and create Client Portal access.
- Complete the trading profile, experience and suitability information.
- Submit the required KYC identity and address documents.
- Select the preferred account type and trading platform.
- Wait for verification. Most straightforward applications are processed automatically, while more complex applications receive follow-up within 24 hours.
- Fund the account through an available payment method and log in to the selected platform.
Customer Support
Channels Variety and Availability
GO Markets provides live chat, email and phone support. The main international service is available 24/7. Support languages include English, Indonesian and Chinese. The website also supports English, Portuguese, Spanish, Indonesian, Thai, Simplified Chinese and Traditional Chinese.
Response Time
Recorded response times are around 2 minutes for live chat, 2 to 4 minutes for phone support and 2 to 6 hours for email. Live chat is efficient for routine account and platform questions, while phone support addresses urgent access or funding issues.
Quality
Support covers account opening, verification, platform access, deposits, withdrawals and account administration. Professional clients can receive more personalized support. The 24/7 schedule is particularly useful for Forex and CFD traders operating across different sessions.
Market Research and Education
Market Research
Research resources include daily market insights, an economic calendar, trading strategy content and US earnings season coverage. Signal Center adds structured trade ideas to the wider tool set. The research selection is practical for intermediate traders who want a regular market context, although it is not an institutional research library.
Educational Resources
GO Markets Academy provides webinars, courses and structured learning materials. Topics cover account setup, platform use, market basics, trading strategies and technical analysis. Platform tutorials support MetaTrader and TradingView users, while the demo account allows practice with virtual funds. The education range is useful for newer and intermediate traders.
Promotions and Bonuses
Welcome Bonus
GO Markets does not currently advertise a universal cash welcome bonus on its main promotions page. Current offers are campaign-based and can differ by jurisdiction. The active promotions focus on platform access, trading rebates and selected product pricing.
Deposit Bonus
GO Markets has offered a trading credit bonus equal to half of the qualifying deposit, but it is not shown as a current universal promotion on the main global promotions page. Availability depends on the regional campaign and account eligibility. The offer shown in the relevant Client Portal and current regional terms should be treated as controlling.
No-Deposit Bonus
There is no standard active no-deposit cash bonus. A demo account is available for practice without funding a live account, but demo balances are virtual and cannot be withdrawn.
Affiliate Program
The GO Markets Affiliate Program pays up to $500 CPA per qualified referral, with an additional monthly performance bonus of up to $100 per qualified client. Qualification includes at least a $200 deposit and the required 5 Forex or metals lots. An Introducing Broker program also provides recurring lot-based rebates.
Final Thoughts
GO Markets is strongest as an intermediate broker with enough depth for advanced traders. Its main advantages are platform variety, active trader tools, competitive pricing and broad CFD coverage. Standard keeps Forex pricing simple, GO Plus+ combines spreads from 0.0 pips with a clear $2.50 per side commission, and the Micro account lowers the entry point to $10. MT4, MT5, cTrader, TradingView, GO TradeX™, API access, VPS hosting and copy trading create a flexible environment for manual and automated strategies.
The legal entity remains the key point to check before opening an account because leverage and protections change by jurisdiction. GO Markets combines established regulation, $0 internal funding fees, no inactivity fee, 24/7 support and more than 2,000 CFD products. Its overall package is particularly well-matched to scalpers, day traders and platform-focused traders who want competitive conditions and several professional trading tools in one broker.
Most Asked Questions
Is GO Markets regulated?
Yes. GO Markets has regulated entities under ASIC, CySEC, the FSC of Mauritius and the Seychelles FSA. The regulator depends on the legal entity holding the account.
What is the minimum deposit at GO Markets?
There is no general minimum deposit requirement for a standard live account. The Micro account starts from $10.
What is the maximum leverage at GO Markets?
The international maximum is up to 1:500 where permitted. Australian and EU retail limits are lower, including up to 1:30 on major Forex pairs.
Does GO Markets charge deposit or withdrawal fees?
GO Markets charges $0 internal deposit and withdrawal fees. External banking or payment provider charges can still apply.
Which trading platforms does GO Markets offer?
GO Markets supports MetaTrader 4, MetaTrader 5, cTrader, TradingView and GO TradeX™, with desktop, web and mobile access depending on the platform.