GO Markets

Years of Operation Above 20 years
Headquarters Australia
Minimum Deposit $0
Max Leverage 500X

Rating Index

8.98
Visit Website

Regulatory Agencies

ASIC
Australian Securities and Investments Commission
CySEC
Cyprus Securities and Exchange Commission
FSA
Financial Services Authority

GO Markets Review 2025: What Is GO Markets ?

GO Markets, established in 2006 and headquartered in Australia, is a highly regulated forex broker known for its strong compliance with financial authorities such as ASIC and CySEC. The broker has built a solid reputation over the years, ensuring client funds are protected through segregated accounts and negative balance protection where applicable. With a commitment to transparency and security, GO Markets provides traders with a trustworthy environment to engage in various trading activities. The broker’s regulatory licenses (ASIC No. 254963, CySEC No. 322/17) further enhance its credibility, positioning it as a reliable choice for both novice and experienced traders seeking to navigate the forex market safely.

GO Markets offers a diverse range of trading instruments, including over 600 options such as forex pairs, indices, commodities, cryptocurrencies, and CFDs. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader, providing traders with robust tools and features for effective trading. Customers benefit from a low-cost structure with spreads starting from 0.0 pips on its GO Plus+ account, alongside a transparent commission model. Additionally, GO Markets prides itself on exceptional customer support available 24/7 across various languages, ensuring traders receive prompt assistance when needed. Overall, GO Markets stands out as a competitive broker that combines advanced trading capabilities with a strong focus on customer satisfaction.

Is GO Markets Safe and Regulated?

GO Markets operates as a regulated online brokerage, primarily under the oversight of several reputable authorities. It holds licenses from the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission (FSC) in Mauritius, and the Financial Services Authority (FSA) in Seychelles. This multi-jurisdictional regulation offers a robust framework for compliance and investor protection, instilling a higher level of confidence for clients. Safety measures include segregating client funds from company assets, which ensures that clients’ money is protected in the event of the firm’s insolvency. Additionally, GO Markets adheres to strict compliance protocols, including daily reconciliations of client funds and the implementation of a compliance management system that exceeds minimum regulatory requirements.

Investor protection schemes are also a significant aspect of GO Markets’s offerings. Clients in Europe may benefit from the investor compensation scheme, which can provide up to €20,000 in the event of the broker’s financial failure. Furthermore, GO Markets has implemented negative balance protection for clients, preventing them from losing more than their initial investment in certain jurisdictions.

Despite these assurances, potential investors should be aware of some regulatory concerns. While GO Markets is well-established with a clean operational record, the oversight from offshore regulators such as the FSC and FSA may raise some concerns regarding the level of investor protection compared to tier-one jurisdictions. Additionally, the broker does not accept clients from the United States and Canada due to regulatory restrictions, which might limit accessibility for some investors. Overall, GO Markets is considered a safe and reliable option for traders, provided they understand the regulatory landscape and its implications for their trading activities.

GO Markets Licenses and Regulation Details

Comprehensive overview of regulatory authorities and their licensing status

Authority
Status
Country
License Type
Australian Securities and Investments Commission
Regulated
Australia
Market Maker
Cyprus Securities and Exchange Commission
Regulated
Cyprus
Market Maker
Financial Services Authority
Offshore Regulated
Seychelles
Market Maker

Licenses Notes

GO Markets is a well-established broker, founded in 2006, and is regulated by multiple authorities, ensuring a high level of trust and security for clients. It operates under the Australian Securities and Investments Commission (ASIC), which enforces strict compliance and client protection laws. Additionally, it is regulated by the Cyprus Securities and Exchange Commission (CySEC), which provides an extra layer of security for European clients. The broker also holds an offshore license from the Financial Services Authority (FSA) in Seychelles. GO Markets offers segregated client accounts and negative balance protection under specific regulations, reinforcing its commitment to client safety. The broker provides access to over 600 trading instruments, including forex, commodities, and cryptocurrencies, catering to various trading styles and preferences.

Is GO Markets Legit or a Scam?

Safety Evaluation

Multi-Regulation
GO Markets is regulated by the Australian Securities and Investment Commission (ASIC), ensuring compliance with strict financial standards for trader protection.
RegulationTrader Protection
Client Fund Security
Client funds are held in separate accounts at reputable banks, ensuring that they are protected and not used for operational expenses.
Fund SecurityBanking

Regulatory Impact and Risk Interpretation

Regulatory frameworks play a crucial role in maintaining trader safety and mitigating risks associated with financial trading. GO Markets operates under the oversight of the Australian Securities and Investment Commission (ASIC), which implements stringent compliance requirements that protect retail investors. These regulations mandate transparency in pricing, risk disclosure, and the handling of client funds, ensuring that they are kept separate from the firm’s operational capital. Such measures significantly reduce the risk of misappropriation, providing clients with greater confidence in their investments. Additionally, the requirement for regular audits and adherence to financial benchmarks fosters a culture of accountability within the firm. For potential clients, this regulatory oversight translates to a safer trading environment, where they can engage in financial markets with reassurance that their interests are safeguarded against unethical practices. Thus, understanding these regulatory impacts is essential for traders when selecting a broker.

Should You Trade with GO Markets? Key Pros and Cons Explained

A Balanced Overview of GO Markets Review 2025: Safe Trading, Low Fees & Regulation’s Advantages and Risk Factors

Pros

  • Regulated by ASIC and CySEC
  • 1,250+ instruments including Forex, stocks, and crypto
  • Platforms: MT4, MT5, cTrader, TradingView
  • Comprehensive educational resources including webinars
  • Competitive spreads and no internal fees for deposits/withdrawals

Cons

  • Not regulated in major jurisdictions like the UK
  • Limited choice in commodities and indices
  • Basic research tools compared to larger competitors
  • Outdated interface on some platforms
  • Demo account limited to one month

GO Markets Complaints and User Reviews 2025: What Real Traders Say

Authentic User Feedback Based on Verified Trading Activity

John Smith
London

I’ve been trading with GO Markets for a year now, and I can’t recommend them highly enough. The execution speed on the MT5 platform is impressive, and the spreads are some of the tightest I’ve encountered. Customer service has been top-notch, with quick responses to my inquiries. Withdrawals are processed swiftly, usually within a couple of days. Overall, they provide a solid trading experience that feels secure and efficient. Definitely a great choice for both beginners and experienced traders!

Sarah Johnson
New York

GO Markets has been a reliable broker for my forex trading needs. Their platform is user-friendly, and I appreciate the educational resources they offer. However, I did face some minor issues with the demo account access, which could be improved. The spreads are competitive, and I love the variety of instruments available. Overall, a solid experience, but there’s room for improvement in customer support response times during peak hours.

Michael Chen
Singapore

My experience with GO Markets has been mixed. While the trading platform is decent and offers a range of tools, I’ve encountered some issues with withdrawals taking longer than expected. Customer service was helpful when I reached out, but it took multiple attempts to get a clear answer. The spreads are reasonable, but I feel they could enhance their research tools to better support traders like me. Overall, they have potential but need to work on consistency.

Emma Wilson
Sydney

I have been trading with GO Markets for over six months, and I’d say they’re one of the best brokers I’ve worked with. The customer support is excellent, always available to help with my queries. The trading conditions are fantastic, especially with low spreads on major pairs. I’ve had no issues with deposits or withdrawals, and the educational materials have been incredibly beneficial for my trading journey. Highly recommended!

GO Markets Trading Platforms and Market Instruments

Trading Platforms

How GO Markets Review 2025: Safe Trading, Low Fees & Regulation Delivers Secure and Efficient Trading Access

MetaTrader 4 (MT4)
MT4 is the industry standard platform for forex trading, known for its intuitive design and comprehensive functionalities. It offers robust tools for analysis and automated trading to enhance your trading experience.
WindowsMACiOSAndroid
  • One click trading for quick execution
  • Access to 30 technical indicators
  • Customizable alerts for significant price movements
  • Algorithmic trading with Expert Advisors
MetaTrader 5 (MT5)
MT5 is a powerful, multi-asset platform that allows for advanced analysis and trading of multiple asset classes. It provides enhanced flexibility and control for traders looking to optimize their strategies.
WindowsMACiOSAndroid
  • Flexible trading system with multiple execution modes
  • Up to 100 charts for in-depth analysis
  • Automated trading using Expert Advisors
  • Integrated economic calendar for fundamental analysis

Exploring GO Markets Trading Ecosystem and Supported Markets

GO Markets provides a comprehensive trading ecosystem that caters to a diverse range of markets and instruments. Traders have access to an extensive selection of forex pairs, with over 60 currency options available. In addition to forex, GO Markets supports trading in stocks, offering more than 1,000 shares from various global markets. The platform also covers a wide array of indices, including major US, European, and Asian indices, enabling traders to participate in broader market movements. Commodities are another key offering, with options including precious metals like gold and silver, as well as energy commodities such as crude oil and natural gas. Furthermore, GO Markets has embraced the cryptocurrency craze, allowing trading on popular digital currencies like Bitcoin, Ethereum, and Litecoin, among others. Overall, the platform provides access to over 2,000 instruments across these categories, ensuring a rich variety for traders. The trading conditions at GO Markets are competitive, featuring tight spreads and low commissions, which are attractive for both retail and professional traders. Unique offerings include their proprietary GO TradeX platform and advanced trading tools such as automated trading options and educational resources. This versatility is complemented by robust regulatory support, making GO Markets a trusted choice for traders seeking a comprehensive and dynamic trading environment.

GO Markets Account Types and Minimum Deposit

GO Markets offers several account types to cater to different trading needs. The Standard Account is ideal for individual traders seeking straightforward trading with competitive spreads starting from 1.6 pips and no commission. It has a minimum deposit requirement of $0 and allows leverage of up to 500:1. The GO Plus+ Account is designed for high-volume and EA traders, featuring ultra-low spreads from 0.0 pips with a commission of AU$3.00 per side on standard FX lots. It also requires a minimum deposit of $0 and offers the same leverage of up to 500:1. The GO Professional Account is tailored for sophisticated traders and requires an application to access, with selective criteria applying. It features advanced tools, increased leverage, and personalized client support, but specific deposit requirements may vary. All account types can be opened as individual or joint accounts, as well as for SMSF, trust, and company structures. Traders should also note that while there is no minimum deposit requirement for most accounts, it is advisable to start with a few hundred dollars to ensure sufficient margin for trading effectively. Additionally, leverage options vary, with retail clients limited to 30:1 on certain accounts, while professional clients may access higher leverage. Overall, GO Markets provides flexible options tailored to different trading strategies and levels of experience.

GO Markets Fees, Spreads, and Withdrawals

Cost Transparency, Trading Spreads, and Funding Efficiency

GO Markets offers a competitive fee structure, catering to various trading styles. For trading fees, they provide two main account types: the Standard Account, which has no commission and spreads starting from 0.8 pips, and the GO Plus+ Account, featuring raw spreads from 0.0 pips with a commission of AU$3 per side per standard lot. This flexibility allows traders to choose an account that fits their trading preferences. The spreads are variable, influenced by market conditions, and typically range from 0.0 pips for the GO Plus+ account to around 1.1 pips for the Standard Account. Withdrawal requests at GO Markets are processed efficiently, typically within 24 hours, and there are no internal fees for withdrawals. However, external bank fees may apply depending on the payment method used. Deposits are also free of charge, making it economical for traders to fund their accounts. GO Markets does not impose any inactivity fees, allowing clients to maintain their accounts without penalties for inactivity. Overnight financing charges, or swap rates, do apply for positions held overnight, and these vary by asset. It is important for traders to check for any third-party charges that may be incurred during withdrawals or deposits, as these are outside the broker’s control. Overall, GO Markets prioritizes transparency, ensuring that all fees and charges are clearly communicated to clients.

Deposit and Withdrawal Methods

Secure, Transparent, and Efficient Fund Transactions

Deposit Method

  • Credit/Debit Cards Instant
  • E-Wallets Instant
  • Bank Transfers 1-3 business days
  • Cryptocurrencies -

Withdrawal Method

  • Credit/Debit Cards Within 24 hours, first-time withdrawals may take up to 3 business days
  • E-Wallets 1 day
  • Bank Transfers 3-5 business days
  • Cryptocurrencies -

Deposit and Withdrawal Notes

GO Markets offers a variety of deposit methods, including debit/credit cards, e-wallets like Skrill and Neteller, bank transfers, and cryptocurrency options such as USDT. To initiate a deposit, users must log into their Client Portal and select their preferred method. There is no minimum deposit requirement, although starting with $200 is common for effective trading. Withdrawals are straightforward; clients can request funds via the same payment method used for deposits. Withdrawal requests are typically processed within 24 hours, but first-time withdrawals may take up to three business days. The minimum withdrawal amount is also flexible, but the maximum that can be withdrawn to a debit/credit card is limited to the total deposits made from that card. All withdrawals must be directed to accounts in the same name as the trading account for security and regulatory reasons. GO Markets follows strict KYC protocols, requiring verification of the source of funds, which may delay processing if not completed timely. Importantly, third-party payments are prohibited, and clients should be aware of potential external fees from banks or payment providers. Overall, GO Markets aims to provide a seamless and secure experience for both deposits and withdrawals.

Safety & Regulation FAQs

Expert Answers on GO Markets Review 2025: Safe Trading, Low Fees & Regulation’s Safety and Regulation

Is GO Markets regulated?

Yes, GO Markets is regulated by multiple top-tier authorities, including the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission (FSC) in Mauritius. This multi-jurisdictional regulation ensures compliance with stringent standards, providing a secure trading environment for clients across various regions, including Asia and Europe.

What regulatory licenses does GO Markets hold?

GO Markets holds licenses from several regulatory bodies: ASIC in Australia, which ensures strict oversight and investor protection; CySEC in Cyprus, which operates under MiFID II standards for European clients; and the FSC in Mauritius, which allows for more flexible leverage options. This diverse regulatory framework enhances the broker's credibility and operational flexibility.

Is my money safe with GO Markets?

Yes, your funds are safe with GO Markets as client funds are held in segregated bank accounts at top-tier financial institutions. This means that your trading capital is kept separate from the broker's operational funds. Additionally, GO Markets complies with negative balance protection policies, ensuring that clients cannot lose more than their account balance, even during volatile market conditions.

Does GO Markets offer negative balance protection?

Yes, GO Markets offers negative balance protection to its clients. This policy ensures that clients can never lose more than their account balance, providing an important safeguard during high-volatility trading environments. This feature is especially beneficial for traders who may be exposed to sudden market movements or significant economic events.

How does GO Markets protect client funds?

GO Markets employs several measures to protect client funds, including holding them in segregated accounts at reputable banks, which prevents the mixing of client and company funds. The broker also adheres to strict regulatory requirements, including regular audits and capital adequacy standards. Furthermore, advanced security protocols, such as SSL encryption, are implemented to safeguard personal and financial information during transactions.

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