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Global Broker Regulation & Inquiry App

Score

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/10

GO MARKETS

Mauritius|Above 20 years| Benchmark A|
Market Making(MM)|

https://www.gomarkets.com/en/

Website

Rating Index

Benchmark

Benchmark

A

Average transaction speed (ms)

517.2

MT4/5

Full License

GoMarkets-Real 10

United States
MT4
198

Influence

A

Influence index NO.1

Australia 7.10

Benchmark

Speed:B

Slippage:C

Cost:B

Disconnected:AA

Rollover:A

MT4/5 Identification

MT4/5 Identification

Full License

198
Server Name
GoMarkets-Real 10 MT4
Server Location United States

Influence

Influence

A

Influence index NO.1

Australia 7.10

Surpassed 29.10% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+230 5869 0074
support.mu@gomarkets.com
https://www.gomarkets.com/en/
Level 7, Office 12, ICONEBENE Lot B441, Rue de L’Institut, Ebene Mauritius
  • 100% Mediation in the complaints

    Response of EMC during7working days

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+230 5869 0074

Other ways of contact

Broker Information

More

Who is GO Markets?

GO Markets is an Australia-based Forex and CFDs broker founded in 2006. The broker provides 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, the FSC in Mauritius, and the FSA (Seychelles).

GO Markets is one of the first Australian MetaTrader 4 brokers, later on, it added MetaTrader 5, WebTrader, cTrader and mobile apps to its suite of services. The broker is well known for its strict compliance and competitive spreads.

Registered in Australia, Cyprus, Mauritius, Seychelles
Regulation status ASIC, CYSEC, FSC, FSA
Year(s) of incorporation 15-20 years
market instruments Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs.
minimum initial deposit USD $0
maximum leverage 1:500
minimum spread From 0.0 pips
trading platform MT4, MT5, WebTrader, cTrader, Mobile Trading
Customer Service Email/phone number/address/live chat, 24/5
fraud complaints NO

Pros and cons of GO Markets

GO Markets has multiple regulations from recognized organizations in the industry, which gives greater credibility and security to its clients.

It offers a wide variety of financial instruments, including more than 1000 instruments, including Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs. It has a market-leading trading platform, MetaTrader 4 and MetaTrader 5, which has numerous technical analysis tools and customizable charts.

It offers excellent customer service, available in multiple languages and through multiple communication channels.

Deposits and withdrawals are processed quickly, with a one business day lead time for withdrawals.

It has an educational section on its website that offers materials for beginners and advanced traders.

As for the cons, we found that the main point is that the conditions are different in each entity. Another point is that the brokers support is not available 24/7.

General Information and Regulation of GO Markets

GO MARKETS is an online forex brokerage company that offers clients access to a wide variety of financial instruments, including Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs. The company is regulated by multiple regulatory bodies including ASIC, CYSEC, FSC and FSA.

GO Markets Pty Ltd - authorized by ASIC (Australia) registration AFSL: 254963 ABN: 85 081 864 039

GO Markets Ltd - authorized by CySEC (Cyprus) registration no. 322/17

GO Markets Pty Ltd (MU) - authorized by FSC (Mauritius) license no. GB 19024896

GO Markets International Ltd - authorized by the FSA (Seychelles) license no. SD043

GO Markets Leverage

GO Markets Leverage depends on the entity you have an account with since leverage falls under certain regulations. International Traders can access high-leverage ratios. GO Markets Pty Ltd, Mauritius (FSC regulated) offers leverage up to 1:500.

GO Markets Account Types

The broker offers two account types Standard and GO Plus Accounts with the flexibility to manage the trading way and choose the best fit. So there is an option between a Standard trading proposal based on spread charges and access to a true ECN environment via GO Plus+ specifically designed through light-fast technology.

In addition, the account can be opened in a few different currencies as a base one including AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, and HKD.

GO Markets Fees and Spreads

Apart from offering one of the best spreads for the products suite, GO Markets is also the most competitive in terms of holding costs or overnight swaps. GO Markets offers Swap-Free Accounts to traders available on the Standard and GO Plus+ accounts on Meta trader platforms. GO Markets Swap-Free account is available to legitimate holders who are Muslim and cannot use “swaps” due to their religious belief.

Further, the GO Plus Account is already a choice for advanced traders or those whose strategy requires it as spreads from 0.0 pips and trading costs inbuilt in the commission as low as 2.50$ per side.

GO Markets spreads are aggregated from 22+ Tier 1 and 2 liquidity providers making them go as low as 0.0 pips. The GO Markets average spreads for Standard and GO Plus+ accounts are listed on their page. However, the data is provided for general information only and is taken over a one-month period. Prices shown may vary. For instance, see below a comparison of the Standard spread offering, as well as your comparing fees to another popular broker.

Besides, always consider overnight fee as a cost, also known as Rollover rate or interest for holding positions open overnight.

GO Markets Deposits and Withdrawals

Deposits to the live trading account can be done in numerous convenient ways while the payments will attract no additional processing fees. GO Markets does not charge any internal fees for withdrawals, however, fund withdrawals to non-Australian banking institutions may be waived for some fees and are your responsibility, so make sure to check those as well.

GO Markets minimum deposit amount is 0$ as a beginning which allows you to use the full service of live trading and open a Standard account. GO Markets Withdrawal option uses the same methods for money deposits like Bank Transfers, Cards and e-wallets, yet verify with customer service what method is applicable for you according to your own residence and its policies, or laws applied. We tested withdrawal at GO Markets and it took us 1 business day.

GO Markets Trading Platforms

Platforms GO Markets
MetaTrader 4 Yes
MetaTrader 5 Yes
Mobile Trading Platforms Yes
WebTrader Yes
cTrader Yes
cTrader Copy Trading Yes

GO Markets Customer Support

GO Markets Customer Service was rated #1, in addition to its great Awards received in other aspects. Successful brokers recognized the need for quality service, but of course, not everyone can have one.

with 14+ language coverage, GO Markets stands ahead in that point too, so you can count on relevant and fast answers from the Customer Support GO Markets. The brokers team is available around the clock and supports international languages accessible via Live Chat, email, and phone lines in Australia, the UK and internationally as well. And although the broker does not provide 24/7 client support, it has highly acclaimed 24/5 client support.

GO Markets Education

And of course, since novice traders always pass through great challenges while exploring trading opportunities, GO Markets provide the educational materials and research resources necessary to perform seamless trading. Eventually, GO Markets educational programs and its GO Markets Academy are numerously award-winning materials that are defined by all levels of traders and available for Free use.

So in GO Markets Academy and Education Centre, you will find Forex trading learning courses, Video Tutorials, also Tutorials and regularly held Seminars and Webinars in various languages. Also, Demo Account is offered for free use with no limits where beginners can place their strategy at the test or see GO Markets environment.

As for the Research tools, besides very comprehensive research inbuilt into Metatrader 4 platform, GO Markets also cooperates with Autochartist and Trading Central providers so you can use its free trading signals and ideas for your benefit. Besides, thousands of MetaTrader 4 & 5 Add-ons remain at your suite which is defined by the instrument and specified criteria, where also you may use the great tool MT4 Genesis.

FAQs

GO Markets knows that knowing where to find the information that you need and having the confidence that you can find the answers to your trading questions could be very helpful with your day-to-day trading.

Use these comprehensive Forex Trading FAQs to learn all the basics as well as the more advanced topics in forex trading. GO Markets has covered the lot from how to open a forex trading account to how to use the MetaTrader trading platform, Forex trading system, and more. Whether you're new to trading FX or you have several years of experience trading currencies, you will find a lot of useful information in these FAQs.

Check whenever you want

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WikiFX Verification

GO MARKETS · WikiFX Survey
Good A Visit to GO MARKETS in Australia - Office Found
Australia
GO MARKETS · Benchmark
Average transaction speed(ms)
517.2
The highest transaction speed(ms)
195
The highest speed of opening positions(ms)
279
The highest speed of closing position(ms)
195 Good
The lowest speed of opening positions(ms)
1812
The lowest speed of closing position(ms)
1722
15.1USD/Lot Good
35.08USD/Lot Good
Long: -6.2USD/Lot    Short: 3.46USD/Lot Great
Long: -34.21USD/Lot    Short: 19.94USD/Lot
Average slippage
-0.4 Great
Maximum transaction slippage
13 Good
Maximum positive slippage
2 Poor
Maximum negative slippage
13 Good
Average disconnection frequency (times/day)
0.2 Perfect
Average reconnection time (millisecond/per request)
36.2
Ranking: 76 / 134
Test user 441
Orders 1,531
Ocuppied margin $1,463,623 USD
Data Source WikiFX Data provide
Updated: 2024-10-10 01:00:00

Total Margin Trend

  • VPS Region
  • User
  • Products
  • Closing time
  • London
  • 614***
  • AUDCAD
  • 09-12 21:00:01
  • Frankfurt
  • 709***
  • AUDCAD
  • 09-12 21:00:00
  • Washington
  • 792***
  • AUDCAD
  • 09-12 21:00:01

Stop Out

0.76%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

GO MARKETS · Company Summary

Who is GO Markets?

GO Markets is an Australia-based Forex and CFDs broker founded in 2006. The broker provides 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, the FSC in Mauritius, and the FSA (Seychelles).

GO Markets is one of the first Australian MetaTrader 4 brokers, later on, it added MetaTrader 5, WebTrader, cTrader and mobile apps to its suite of services. The broker is well known for its strict compliance and competitive spreads.

Registered in Australia, Cyprus, Mauritius, Seychelles
Regulation status ASIC, CYSEC, FSC, FSA
Year(s) of incorporation 15-20 years
market instruments Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs.
minimum initial deposit USD $0
maximum leverage 1:500
minimum spread From 0.0 pips
trading platform MT4, MT5, WebTrader, cTrader, Mobile Trading
Customer Service Email/phone number/address/live chat, 24/5
fraud complaints NO

Pros and cons of GO Markets

GO Markets has multiple regulations from recognized organizations in the industry, which gives greater credibility and security to its clients.

It offers a wide variety of financial instruments, including more than 1000 instruments, including Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs. It has a market-leading trading platform, MetaTrader 4 and MetaTrader 5, which has numerous technical analysis tools and customizable charts.

It offers excellent customer service, available in multiple languages and through multiple communication channels.

Deposits and withdrawals are processed quickly, with a one business day lead time for withdrawals.

It has an educational section on its website that offers materials for beginners and advanced traders.

As for the cons, we found that the main point is that the conditions are different in each entity. Another point is that the brokers support is not available 24/7.

General Information and Regulation of GO Markets

GO MARKETS is an online forex brokerage company that offers clients access to a wide variety of financial instruments, including Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs. The company is regulated by multiple regulatory bodies including ASIC, CYSEC, FSC and FSA.

GO Markets Pty Ltd - authorized by ASIC (Australia) registration AFSL: 254963 ABN: 85 081 864 039

GO Markets Ltd - authorized by CySEC (Cyprus) registration no. 322/17

GO Markets Pty Ltd (MU) - authorized by FSC (Mauritius) license no. GB 19024896

GO Markets International Ltd - authorized by the FSA (Seychelles) license no. SD043

GO Markets Leverage

GO Markets Leverage depends on the entity you have an account with since leverage falls under certain regulations. International Traders can access high-leverage ratios. GO Markets Pty Ltd, Mauritius (FSC regulated) offers leverage up to 1:500.

GO Markets Account Types

The broker offers two account types Standard and GO Plus Accounts with the flexibility to manage the trading way and choose the best fit. So there is an option between a Standard trading proposal based on spread charges and access to a true ECN environment via GO Plus+ specifically designed through light-fast technology.

In addition, the account can be opened in a few different currencies as a base one including AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, and HKD.

GO Markets Fees and Spreads

Apart from offering one of the best spreads for the products suite, GO Markets is also the most competitive in terms of holding costs or overnight swaps. GO Markets offers Swap-Free Accounts to traders available on the Standard and GO Plus+ accounts on Meta trader platforms. GO Markets Swap-Free account is available to legitimate holders who are Muslim and cannot use “swaps” due to their religious belief.

Further, the GO Plus Account is already a choice for advanced traders or those whose strategy requires it as spreads from 0.0 pips and trading costs inbuilt in the commission as low as 2.50$ per side.

GO Markets spreads are aggregated from 22+ Tier 1 and 2 liquidity providers making them go as low as 0.0 pips. The GO Markets average spreads for Standard and GO Plus+ accounts are listed on their page. However, the data is provided for general information only and is taken over a one-month period. Prices shown may vary. For instance, see below a comparison of the Standard spread offering, as well as your comparing fees to another popular broker.

Besides, always consider overnight fee as a cost, also known as Rollover rate or interest for holding positions open overnight.

GO Markets Deposits and Withdrawals

Deposits to the live trading account can be done in numerous convenient ways while the payments will attract no additional processing fees. GO Markets does not charge any internal fees for withdrawals, however, fund withdrawals to non-Australian banking institutions may be waived for some fees and are your responsibility, so make sure to check those as well.

GO Markets minimum deposit amount is 0$ as a beginning which allows you to use the full service of live trading and open a Standard account. GO Markets Withdrawal option uses the same methods for money deposits like Bank Transfers, Cards and e-wallets, yet verify with customer service what method is applicable for you according to your own residence and its policies, or laws applied. We tested withdrawal at GO Markets and it took us 1 business day.

GO Markets Trading Platforms

Platforms GO Markets
MetaTrader 4 Yes
MetaTrader 5 Yes
Mobile Trading Platforms Yes
WebTrader Yes
cTrader Yes
cTrader Copy Trading Yes

GO Markets Customer Support

GO Markets Customer Service was rated #1, in addition to its great Awards received in other aspects. Successful brokers recognized the need for quality service, but of course, not everyone can have one.

with 14+ language coverage, GO Markets stands ahead in that point too, so you can count on relevant and fast answers from the Customer Support GO Markets. The brokers team is available around the clock and supports international languages accessible via Live Chat, email, and phone lines in Australia, the UK and internationally as well. And although the broker does not provide 24/7 client support, it has highly acclaimed 24/5 client support.

GO Markets Education

And of course, since novice traders always pass through great challenges while exploring trading opportunities, GO Markets provide the educational materials and research resources necessary to perform seamless trading. Eventually, GO Markets educational programs and its GO Markets Academy are numerously award-winning materials that are defined by all levels of traders and available for Free use.

So in GO Markets Academy and Education Centre, you will find Forex trading learning courses, Video Tutorials, also Tutorials and regularly held Seminars and Webinars in various languages. Also, Demo Account is offered for free use with no limits where beginners can place their strategy at the test or see GO Markets environment.

As for the Research tools, besides very comprehensive research inbuilt into Metatrader 4 platform, GO Markets also cooperates with Autochartist and Trading Central providers so you can use its free trading signals and ideas for your benefit. Besides, thousands of MetaTrader 4 & 5 Add-ons remain at your suite which is defined by the instrument and specified criteria, where also you may use the great tool MT4 Genesis.

FAQs

GO Markets knows that knowing where to find the information that you need and having the confidence that you can find the answers to your trading questions could be very helpful with your day-to-day trading.

Use these comprehensive Forex Trading FAQs to learn all the basics as well as the more advanced topics in forex trading. GO Markets has covered the lot from how to open a forex trading account to how to use the MetaTrader trading platform, Forex trading system, and more. Whether you're new to trading FX or you have several years of experience trading currencies, you will find a lot of useful information in these FAQs.

News

Go Markets: Is this broker a Go or No-Go?

NewsGo Markets: Is this broker a Go or No-Go?

2024-08-20 19:45

GO Markets is an Australia-based Forex and CFDs broker founded in 2006. The broker provides 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, the FSC in Mauritius, and the FSA (Seychelles).

WikiFX
2024-08-20 19:45
News
Go Markets: Is this broker a Go or No-Go?
FX Analysis – Dollar dumps, Gold surges on Fed pivot

NewsFX Analysis – Dollar dumps, Gold surges on Fed pivot

2023-12-15 11:32

Wednesdays FOMC meeting was always going to be about whether we’d see a hawkish pushback against market expectations of a dovish Fed in 2024, or a validation of those expectations, from the market reaction to the meeting, traders decided the latter is the conclusion.

WikiFX
2023-12-15 11:32
News
FX Analysis – Dollar dumps, Gold surges on Fed pivot
Market Analysis – USD surges, AUD hit by RBA, Oil and Gold continue decline

NewsMarket Analysis – USD surges, AUD hit by RBA, Oil and Gold continue decline

2023-12-08 12:22

USD was bid in Tuesdays session with DXY finding strong support at its 200 Day MA and pushing up to test the big 104 figure before losing steam.

WikiFX
2023-12-08 12:22
News
Market Analysis – USD surges, AUD hit by RBA, Oil and Gold continue decline
The Week Ahead – Charts to watch EURUSD, Crude Oil, Gold

NewsThe Week Ahead – Charts to watch EURUSD, Crude Oil, Gold

2023-11-28 09:59

Global markets enter the new week in a risk on tone with as market participants are positioning for no more rate hikes out of the Federal Reserve and pricing in cuts from Q2 2024.

WikiFX
2023-11-28 09:59
News
The Week Ahead – Charts to watch EURUSD, Crude Oil, Gold
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