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GO Markets Review: Is this broker legit, safe and trustworthy for UAE citizens and residents?

The brokerage firm known as GO Markets Pty Ltd is authorized to conduct business in Australia by the Australian Securities and Investment Commission (ASIC), and its registration number is AFSL 254963. GO Markets is the brand name of the company. GO Markets was founded in 2006 and currently has its headquarters in Melbourne, which is located in Australia. Visit GO Markets website.

This foreign exchange broker is well-known for providing clients in over 150 countries with access to a diverse selection of financial products, fair trading conditions, and affordable spreads. Because GO Markets provides customers with an unlimited Demo account and trading platforms that are simple to use, you will find that using their services will transform you into an active trader.

You will find that this GO Markets broker review will highlight all of the positives and downsides of dealing with this Forex broker. GO Markets was founded in 2007 and is headquartered in the United Kingdom. This evaluation of GO Markets is an in-depth investigation of the services that GO Markets provides to its customer base.

Traders can take use of GO Markets' financial services since the company holds an Australian Financial Services Licence (AFSL), which was granted to them by the Australian Securities and Investment Commission (ASIC).
As part of the broker's compliance with the requirements, the client's personal information and funds are encrypted, and the broker is required to retain the funds in separate accounts.

Is It Safe To Trade On GO Markets, Or Is It A Scam? Before you begin trading with GO Markets, the first thing you need do is verify that the company possesses the necessary licenses and registrations, which will lead to a risk-free trading experience.

Because they completely comply with the ASIC requirements and do their utmost to safeguard traders by maintaining standard digital security standards, GO Markets is widely regarded as a trustworthy broker with which to engage in financial transactions.


GO Markets makes available the option of storing their customers' funds in separate accounts that are kept completely separate from the company's own cash. The foreign exchange trading firm employs stringent safety precautions to avoid the disclosure of any personal information regarding their customers.

GO Markets achieves this goal by utilizing digital firewalls, which stop any hacking attempts from succeeding, and SSL encryption, which safeguards important customer information.

In general, risk management is maintained via a variety of activities. At the National Australian Bank (NAB), some of these measures include hedging counterparties and the segregation of customers' money. Other practices, such as margin calls and fair usage regulations, are also taken into consideration. In a similar fashion, the European business is subject to the regulatory requirements and duties of ESMA with regard to the safety of its customers.

Also, as a fully authorized provider of financial trading services, GO Markets adheres to strict protection of the clients' funds through segregation, as well as fair conditions that are constantly monitored and audited by the authority. Moreover, GO Markets adheres to strict protection of the clients' funds through segregation.
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According to the Investment Trends December 2019 Australia Leverage Trading Report, GO Markets was ranked as having the best customer care assistance in Australia in 2019. This recognition took place in 2019. This Forex broker also received the highest award for the training tools and resources that can be accessed on their website under the heading "GO Trade Academy."

This foreign exchange broker does not charge a fee to make deposits or withdrawals, but it does take a percentage of the spread as its fee.

Due to the fact that there are 22 different liquidity providers, they provide spreads that might vary. The GO+ Account charges 0.3 Australian Dollars (AUD) per side, but the Standard Account does not charge commission.

Spreads on the Standard Account at GO Markets begin at 0.1 pips, while those on the GO+ Account begin at 0.0 pips and come with a fee. If you open a Standard Account with GO Markets, you will find that the GO+ Account gives spreads beginning at 0.0 pips.



When using GO Markets, you won't have to worry about paying excessive amounts in non-trading costs. Because there are no fees involved, neither adding money to your account nor taking money out of it will require any consideration on your part. The only thing you are needed to pay is the minimum deposit amount, which is currently set at 200 AUD; all of your other transactions, even those that do not involve trading, are completely free of charge.

The utilization of leverage, which may possibly raise your returns, is another fantastic option available to those who trade in foreign exchange (Forex). On the other hand, it may amplify the amount that you lose. Because it may go either way, it is essential to acquire the knowledge necessary to make strategic use of leverage.

Despite the fact that it is regulated by ASIC, GO Markets continues to permit large leverage ratios for Forex products on other firms within the group, reaching up to 1:500.

Standard Account and GO+ Account are the two distinct varieties of trading accounts that may be opened with GO Markets. When you open an account with GO Markets, the process is quick and entirely digital, and there are no delays.

The GO Markets Standard Account is a trading account that does not charge a fee and has spreads that begin at 0.1 pips. You will have access to more than fifty distinct financial products and marketplaces, and you will be given the opportunity to trade using automated trading systems (EAs). You will be assigned a detailed account manager by GO Markets, and you will have round-the-clock access to the company's customer support department. This will allow GO Markets to supply you with great trading opportunities.

You are needed to make a minimum deposit of either 200 Australian Dollars (AUD) or its equivalent currency in order to create a Standard Account with GO Markets.

The identical service will be made available to you for both of your trading accounts, the GO Account and the GO+ Account. The difference between the Standard Account and the GO+ Account is that the GO+ Account has spreads that start from 0.0 pips and charges you 0.3 AUD each side. The Standard Account does not have these features.

Both trading accounts come with hedging and scalping as potential trading strategies, in addition to a maximum leverage level of 500:1. The GO+ Account gives you the ability to trade huge volumes and has low spreads, but there is a commission attached to it. The Standard Account, on the other hand, gives you the ability to trade with tight spreads and there are no commissions attached to it.

Standard Account and GO+ Account are the two distinct varieties of trading accounts that are offered by GO Markets. Standard Account is the default trading account. To open a Standard Account, you will need to make a minimum deposit of two hundred Australian dollars (AUD). In order to qualify for the GO+ Account, you will need to make a minimum deposit of two hundred Australian dollars.

In this GO Markets broker review, we will walk you through the process of opening a live account in a step-by-step manner.

The withdrawal request will be completed extremely fast, and GO Markets will not charge you any fees for either making a deposit or withdrawing money. In this review of GO Markets, we will discuss the many advantages offered by the broker. The broker does not charge a fee for making a deposit while using GO Markets. There are nine distinct base currencies, including the United States Dollar and the Great British Pound, as you shall discover out. You will have access to a variety of payment options, including e-wallets, bank transfers, and credit or debit cards, when you become a trader on our platform.

When creating a live account, you will be asked to make a deposit that is at least equal to the minimum necessary amount, which is 200 USD.

GO Markets is an Australian company that was established in 2009 as a trading service and a supplier of binary options. Back then, the company's primary goal was to become the most reputable CFDs trading provider in Australia. Now, with 11 years of expertise in the trading industry under their belt, this broker has managed to establish itself as one of the most reputable and prominent Australian-regulated brokers.

The withdrawal request will be completed extremely fast, and GO Markets will not charge you any fees for either making a deposit or withdrawing money. In this review of GO Markets, we will discuss the many advantages offered by the broker. The broker does not charge a fee for making a deposit while using GO Markets. There are nine distinct base currencies, including the United States Dollar and the Great British Pound, as you shall discover out. You will have access to a variety of payment options, including e-wallets, bank transfers, and credit or debit cards, when you become a trader on our platform.

When creating a live account, you will be asked to make a deposit that is at least equal to the minimum necessary amount, which is 200 USD.

When you make a withdrawal through GO Markets, you won't be charged any fees for making the transaction. You will discover, on the other hand, that there are financial institutions located outside of Australia that could charge you a fee for the transactions you do with them. You are free to use whatever payment method you like; however, all withdrawals and deposits must be made from the same account you are currently holding.

When you make a withdrawal, you will discover that the process is incredibly quick and entirely conducted online. If you submit a withdrawal request before 1 PM, then it will be handled on the same day that you submitted the request. In addition, if you request a withdrawal after one o'clock in the afternoon, it won't be executed until the next business day.

Taking money out of your online personal account is a straightforward operation that can be completed quickly and easily at any time. As a regulated broker, GO Markets typically processes withdrawal requests within one to two business days; however, you should account for any additional waiting time required by your payment provider or other procedures. You will have access to both the MT4 and the MT5 trading platforms when you open an account with GO Markets.

The MT4 platform is most suited for beginner traders who are just starting out in the market, whereas the MT5 platform is more suited to more experienced traders who already have some background in the market.

In this study of the GO Markets broker, we will be evaluating the MT4 trading platform to determine its overall quality. GO Markets is extremely proud of the fact that it was one of the first brokers in Australia to introduce the MetaTrader4 trading platform.

You will have access to four different types of pending orders when you trade using the MT4 online trading platform: buy limit, buy stop, sell limit, and sell stop. You will have the ability to begin a trade at any time, make changes to it, and then close it whenever you choose.

Due to the fact that the MT4 web trading platform does not include a two-step login procedure, you will not have the additional security safeguard to secure your account that you would otherwise have.

You are able to establish alerts that will warn you of price moves in a market or for a specified time period, despite the fact that there is not a two-step login method. In this method, you will be automatically alerted, and you will be able to adjust your strategy accordingly.

You may take use of the same capabilities on both the online trading platform and the desktop trading platform because they are extremely comparable. The desktop trading platform, on the other hand, may be accessed directly from your own computer, rather than over the internet. This is the primary distinction between the two platforms.

You will have access to four different types of pending orders when you trade using the MT4 desktop trading platform: buy limit, buy stop, sell limit, and sell stop. You will have the ability to begin a trade at any time, make changes to it, and then close it whenever you choose.

Because the MT4 desktop trading platform does not include a two-step login procedure, you will not have the additional security protection to secure your account that is normally provided by such a process.

Despite the absence of a two-step login process, you are still able to establish alerts that will inform you of changes in the price of a market or for a certain amount of time. In this method, you will be automatically alerted, and you will be able to adjust your strategy accordingly.

You will have access to four different types of pending orders when you trade using the MT4 mobile trading platform, including Buy Limit, Buy Stop, Sell Limit, and Sell Stop. You will have the ability to begin a trade at any time, make changes to it, and then close it whenever you choose.

Because the MT4 mobile trading platform does not support face recognition or fingerprint authentication, you will need to manually enter your credentials every time you use it.

On the other hand, you will receive messages on price alerts if there are any moves in a certain market or within a specific timeframe. On your mobile device, you will get a notification in the form of a push notification when the notification is ready.

This GO Markets review will supply you with a table that details everything this Forex broker has to offer its customers, including the more than 250 financial products that are available to choose from.

When it comes to trading financial products, you will discover that shares and currency pairings provide the most opportunities.

This GOMarkets broker review will let you know what type of market research and trading tools you have access to.

All of the information for research is prepared by in-house analysts at GOMarkets, and the newsfeed and economic calendar are both accessible for use and are updated on a regular basis.

GO Markets gives its customers access to a variety of trading tools, some of which include AutoChartist, Copy Trading, MT4, and MT5 Genesis, Trading Central, and VPS. You may utilize these tools when trading with GO Markets. Customers improve their trading experience and their ability to make informed choices with the assistance of these trading tools.

The MT4 plugin utility known as AutoChartist is only accessible to subscribers who have funded their accounts with a minimum of 500 US dollars. The financial markets are analyzed by this instrument, which then alerts a trader if it identifies a trend.

You won't find the function known as Copy Trading offered by the vast majority of Forex brokers, however GO Markets has implemented it. Traders are able to duplicate the trades of more experienced traders through the use of an automated service provided by MyFXBook, which is a copy trading service.

You will have access to additional tools that might be of use to you when trading if you use MT4 and MT5 Genesis, which is an extension to the MetaTrader platform. Alarm manager, sentiment indicator, session map, as well as a great number of other tools, are among these extra options. However, in order to activate this extension, you will first need to send a request to the support team and have a balance of at least 500 USD in your account.

Trading Central and GO Markets have formed a partnership to supply traders with various trade ideas, distinct indicators, and other trading tools.

You will be required to pay a subscription fee of 10 USD per month for the Virtual Private Server, also known as the VPS. If you are a member who completes 1 Million USD worth of trade volumes in a single month, however, you will be granted access to the VPS without having to pay the subscription fee. Trading using a virtual private server (VPS) is vital for traders because it enables traders to conduct transactions that are more trustworthy and more stable, in addition to enhancing trading speed.

The market research materials provided by GO Markets are kept up to date on a regular basis and can be read in a short amount of time, making them ideal for traders who prefer not to go into excessive detail. In addition to this, you will have the ability to personalize your economic calendar according to the regional focus of your choice.

There are four primary market research resources that are made available to the general public as well as traders who have an account with GO Markets. You may keep up to speed with the latest news by reading their daily newsfeed, economic calendar, weekly summary, and regular articles, in addition to the educational tools that they provide.

You may tailor the economic calendar to the specifics of your region, and it will show you all of the main financial events taking place throughout the world. When it comes to the weekly summaries, the content centers on the next trading week as well as the significant events that occurred during the previous trading week.

Before you begin your trading day, it is recommended that you spend two minutes reading the daily news feed, which provides an overview of the most significant perspectives in the trading world and what you should take into consideration. When it comes to the articles published by GO Markets, they are in-depth works that examine the most important themes and developments in the trading sector.

If you are more interested in listening to research materials, then we recommend that you listen to the podcast "Margin Call" that is produced by GO Markets. The documentary Margin Call offers a look into the inner workings of the foreign exchange (Forex) and contract for difference (CFD) trading industries.

This Forex broker's customer service department will be available to you via a variety of channels, 24 hours a day, but only five days a week. They will be available only on weekdays. It is sad that it is not available around the clock, but the fact that there are several ways for you to get in touch with the customer support department more than makes up for it.

The quality of the customer support service provided by GO Markets has an impact on the whole trading experience that customers enjoy with the company. After all, the primary engagement that a client has with their broker is through the provision of customer care assistance. Traders have expressed their gratitude for the many channels of contact available to them, as well as the accommodating employees that can be reached at the other end of the line. In spite of the fact that they are not accessible at all times of the day and night, the promptness and precision of their replies more than make up for this shortcoming.

This GO Markets review has an emphasis on the educational materials that are available to you and how you may profit from them. These instructional resources include eBooks, educational videos, free learning courses, and a Demo Account for trading forex.

GO Markets will supply you with all of the required materials so that you may trade without any problems, regardless of whether you prefer reading material or visual help.

Learning the ins and outs of trading is necessary if you want to become a serious participant in the market. GO Markets places a high priority on client education in order to assist traders in making more accurate and confident trades.

The eBook and articles that come with this Forex broker are the first instructional resource that you are free to utilize. You will learn all you need to know about foreign exchange trading using the MT4 trading platform from the eBook that has more than 30 pages. The articles are quick readings that provide pointers and how-to recommendations regarding trading.

The training films and webinars that are made available to users on the GO Markets website make up the second type of learning resources that are made available by the company. You will discover about ten instructive movies that will assist explain on a visual level concepts such as trading psychology, the indicators, and Forex trading in general. These videos are available for your viewing convenience. The webinars are broken up into two parts: the first part covers the foreign exchange market and the industry of forex trading, and the second part covers how to trade and what red flags to look out for when trading.

The free learning courses on Forex trading and the demo accounts are the third form of training material, and they are the ones that are utilized the most frequently. The free courses are mostly geared at new traders who are looking for assistance in comprehending the trading sector, whilst the usage of the Demo Account is encouraged and accepted from all traders.

If you are an experienced trader, you may use the Demo Account to learn more about the Forex broker that you are working with. If you are not an experienced trader, however, you cannot utilize the Demo Account. The Demo Account is a feature that is not often offered by forex brokers, particularly those that have no time restrictions.

You will have access to a Demo Account with GO Markets, which will include virtual funds and will let you to trade without the risk of incurring any actual financial loss. Through the use of the Demo Account, you will have access to more than 350 different financial products and will be able to trade with virtual funds of 50,000 USD.

You will also be able to contact their customer care support 24 hours a day, seven days a week, despite the fact that their business hours are not continuous. In addition to the customer assistance, you will get access to more than 80 different technical analysis tools and will be able to download your Demo Account onto any mobile device you use. You can use the program even if you don't have an iPhone or an Android device because it is available for both.

In this GOMarkets broker review, we will walk you through the process of opening your very own Demo Account in a clear and concise manner.

As long as GO Markets stays in compliance with the rules and regulations that come after receiving their stamp of approval from the ASIC and their license from the AFSL, they are allowed to operate as a genuine broker.

The company protects its customers' money by keeping it in separate accounts and by using the most advanced security technology available, which is known as SSL encryption.

Since it was recognized as having the greatest customer care support and was one of the first brokers to introduce the MT4 platform into the Australian market, GO Markets has established itself as one of the most reputable and trustworthy brokers operating in Australia.

This foreign exchange broker is well-known for the substantial instructional material that it provides for its customers, as well as the market research and trading tools that it makes available for traders to use according to their own preferences.

GO Markets' non-trading expenses are virtually nonexistent due to the fact that there is no charge associated with making deposits or withdrawals. You will be required to make a minimum deposit of two hundred Australian dollars, and you should also be aware that the GO+ account incurs commission fees. Aside from that, there are no other expenses that need to be taken into consideration.

In conclusion, GO Markets is an attractive investment opportunity that need to be taken into consideration as a potential trading partner.

Because it is licensed by one of the most reputable and stringent financial authorities in the world, GO Markets is, all things considered, a highly safe broker to work with.

Is It A Good Broker To Use GO Markets? When it comes to trading, GO Markets is an excellent and trustworthy broker to work with. They make available to you a sizable educational database, ensure that you are kept current with the results of their study, and provide you with a variety of customer care channels via which you may get in touch with them.

Is GO Markets Legit? Since it has obtained a license from the Australian Financial Services License, also known as the AFSL, GO Markets is a genuine brokerage business that also offers trading services to its customers.

Is it Safe to Use GO Markets? Because they completely comply with the ASIC requirements and do their best to safeguard traders by maintaining standard digital security processes, GO Markets is regarded as a trustworthy broker that traders may engage in financial transactions with.

GO Markets has replaced their forex broker pro account with the GO Plus+ forex trading account, which now offers 0.0 pip spreads, the MT4 trading platform, strong customer support, and a range of currency pairs backed by ASIC regulation including segregated clients' funds. GO Markets has also introduced the GO Plus+ forex trading account to replace their forex broker pro account.

GO Markets' global expansion may be attributed to the company's five primary advantages, which are as follows:

Trading accounts with low fees and spreads starting from 0 pip ranges
Whether to use the MT4 or MT5 forex trading platform is an option that may be made.
Various marketplaces, including contracts for difference trading
The industry's premier customer service staff, complete with specialized account managers
30:1 maximum leverage for forex trades

GO Markets is a foreign exchange broker that was established in Australia in 2006. The basic account was the first type of trading account that was made available. This account does not charge any fees, and the forex broker determines the spreads. In 2019, a third type of account is also available to customers. This account includes market-based spreads and a set commission rate of AUD $3.00 per side. Because of this, spreads can be as low as 0.0 pips, and the broker will make their money off of the charges they charge instead. This is quite comparable to accounts offered by other companies, such as the Pepperstone Razor account.

The brand-new GO Plus+ trading account is the sole option for traders with intermediate and advanced skill levels. This is due to the fact that this account enables trading without the interference of a dealer and goes directly to the market. This not only results in the most competitive spreads possible (given that they are determined by the market), but it also speeds up the execution of trades. Execution speeds for trades are extremely important since they assist reduce slippage. Slippage occurs when the amount made or lost on a transaction is greater than the amount that was specified. Because slippage may be significant in markets that are volatile, large volume and EA Traders need to ensure that their execution rates are fast and that their spreads are narrow.

Those who are new to dealing in foreign exchange should use the basic account. Trading on the market is made much simpler with this account, which just requires a minimum deposit of $200. A trader also has the option of using a demo account, which enables them to practice trading in real-time settings on simulated currency markets. The fact that spreads make up the majority of the fees is the primary factor that contributes to the account's suitability for beginning currency traders. When calculating brokerage, a trader is not required to take into account commissions because of this.

The broker offers rebates for traders who meet the minimum monthly volume criteria during a calendar month for a particular CFD type. These rebates are available for traders who use either the Go Plus+ account or the Standard account offered by Go Markets.

In order to be eligible for a rebate, if you trade foreign currency, you must have a monthly trading volume of at least $25 million in order to meet the requirements. When you reach this level, you will be eligible for refunds ranging from $5 to $15. Your trading account will be rewarded with these rebates during the first week of the calendar month that follows the current one.

The forex broker now has a competitive edge in the Australian market as a result of the launch of the new GO Plus+ trading account. Traders who are interested in inexpensive brokerage fees will find that the ECN broker trading account is the best option because it offers competitive spreads and the lowest commission. If you are a big volume trader, you may be eligible to get rebates, which will result in further cost savings.

When comparing the spreads offered by the GO Markets Plus+ account to those offered by other STP/ECN pricing brokers, the most important fact to keep in mind is that GO Markets provides cheaper commissions than the majority of its rivals. Although the spreads offered by Go Markets Plus+ match favorably to those offered by their rivals for the majority of currency pairings, the fact that Go Markets Plus+ charges a reduced commission fee may actually make them more affordable.

The commission rates offered by GO Markets are among the most competitive in the market. They are $3.00 each side and $6.00 round-turn. The majority of brokers generally adhere to an industry norm that calls for a fee of $3.50 each side and $7.00 round-turn. When you close your position, this indicates that you will be charged one dollar for each standard lot.

Because one pip is equivalent to ten dollars for every standard lot that you trade, the cost of 0.1 pip is one dollar. The spreads that GO Markets offers for the majority of currency pairings are either identical to or very similar to the spreads that are offered by other brokers. The spreads offered by Go Markets are competitively priced.

MetaQuotes Software, which produces the MetaTrader suite, is the company that has established itself as the world's most popular provider of forex trading platforms. The most popular forex trading platforms, MetaTrader 4 (MT4) and MetaTrader 5, are now available through GO Markets' comprehensive trading suite (MT5). Following is an examination of both of these forex trading platforms, followed by assistance in determining which one best suits your needs.

Both MT4 and MT5 versions of Myfxbook are available from the broker if you wish to engage in social copy trading. In order to get started with Myfxbook AutoTrade, you will be required to make a minimum deposit of one thousand dollars in United States currency. Another set of helpful trading tools that are accessible on both MT4 and MT5 are a VPS (virtual private server) and Trading Central, a source of technical and fundamental analysis. Both of these tools may be accessed through any platform. Access to Trading Central does not need a minimum deposit of any kind.

The user interface of MetaTrader 4 is not particularly aesthetically beautiful, but it does its job well. This, in conjunction with the rapid speed of execution, is the primary factor behind the MT4 platform's widespread adoption. The Expert Advisors are an additional significant strength of the company (EAs). Traders are now able to purchase and sell trading programs that automatically trade on the market thanks to this development. As a result of the MT4 platform's status as the most widely used option, this particular market features the greatest number of software options.

The utilization of MT4 genesis is a perk for FX traders who do business with GO Markets. When a brand-new account with a minimum deposit of $500 is created, you are eligible for this perk. For a forex trader to seek access to MT4 genesis, all they need to do is click the opt-in button and then complete a brief online form.

The MT4 trading platform is suggested in general for individuals who are primarily interested in trading the currency markets. This is especially important to keep in mind if you are a trader who is contemplating automating your business and buying algorithmic packages from software providers. Because the majority of the finest forex brokers provide the MetaTrader 4 platform, selecting the MT4 trading platform makes it simple and convenient to transfer providers.

Because the brokerage's service model is so important to the company as a whole, it's a wonderful place to start when evaluating GO Markets because of this. Traders who have accounts with GO Markets have access to support through phone or email around the clock and may get assistance with any issue or concern that may arise. There is also a wonderful and simple-to-navigate FAQ area on the GO Markets website, which may be used for queries that come up outside of business hours or are rather fundamental. GO Markets does an excellent job of ensuring that consumers can easily discover answers to any queries that they may have by providing two different sorts of customer assistance. These types of customer help are for customers who require anything for informative purposes.

Go Markets does not impose any kind of internal fee on deposits, and the company also covers any deposit costs that are levied by the payment providers. Because of this, GO Markets is an excellent choice to consider if you want to reduce the amount of money you spend on financing costs.

GO Markets gives customers access to more than 350 different contracts for difference (CFD) products. It is helpful to have a varied variety of assets to assist control the risks associated with trading. This is because certain instruments perform better when others struggle.

Trading in foreign exchange is the company's primary focus, which is to be expected given its status as a contender for the title of finest Forex broker in Australia. However, clients of this brokerage have the ability to engage in trading in a wide variety of other asset classes as well. Every trader who has an account with GO Markets has access to the indices, cryptocurrencies, and commodities that serve as the platform's underlying assets.

The spreads offered by GO Markets are quite variable depending on the type of account that a trader is utilizing. Spreads on standard accounts start at 1.1 pip increments (or points). Spreads can be as low as 0.0 pip for clients who have the GO Markets Plus+ account, which is the highest account level offered by the brokerage. A fixed commission fee of $3.00 (sideways) is assessed for each regular lot traded using the Plus account. The minimum deposit required to start one of your GO Markets accounts is $200.

The maximum leverage that may be used on transactions is the last piece of information that would-be traders at GO Markets need to have regarding the fundamental operations of the brokerage. GO Markets, much like the majority of other brokers, gives traders the ability to leverage different asset classes to varying degrees. The Foreign Exchange market features the largest possible leverage ratios, which can reach up to 30:1 in some instances. Following closely after are indices and gold, both of which provide a maximum leverage of 20:1 to traders. The leverage ratios on cryptocurrencies are restricted at 2:1, making them the lowest of any asset class.

Due to the fact that GO Markets' headquarters have been located in Melbourne ever since the company's inception in 2006, the Australian Securities and Investments Commission is the sole regulatory body with authority over the company (ASIC). They have an Australian Financial Services License and are regarded as one of the most successful foreign exchange brokers in Australia (AFSL).

Go Markets Pty Ltd is the registered proprietor of AFSL 254963. (gomarkets.com).

GO Markets operates under the trading name GO Markets Ltd. in Europe. The Cyprus Securities and Exchange Commission (CySEC) has issued the company with license number 322/17 to ensure investor protection. Because of this, they are considered to be among the best forex brokers for traders in the United Kingdom.

Both CySEC and the Australian Securities Investment Commission (ASIC) are in charge of enforcing investor safeguards, including as the mandate that brokers must keep client cash in separate bank accounts. This is done to guarantee that traders' account balances are safe.

Disclaimer: In addition, Go Markets possesses various regulatory licenses from the Financial Services Commission (FSC) of Mauritius in order to serve its customers who are located in other countries.

Now that we've covered the fundamentals, it's time to move on to the topic at hand, which is why GO Markets is a leading candidate for the title of best Forex broker in the Australian market. The fact that GO Markets is an Australian-based firm that is also regulated plays a significant role in the company's position as one of the leading brokers, as you may have already realized. There are, on the other hand, a great number of other aspects of this brokerage that are positive.

The availability of a technology known as Autochartist is another of the excellent aspects that places GO Markets among the top five Australian forex brokers. This application provides users with comprehensive pricing graphs and analytics that they may use to locate chances and execute transactions in the foreign exchange market that result in greater profits. The Autochartist feature is available to every Forex trader with an account balance of more than $500, and that trader may utilize the technology to improve their success in the Forex market.

The fact that GO Markets offers a wide variety of various currency pairings is another big plus for the company. The 50 different currency pairings available to traders ensure that they never run out of options. These pairs consist of the most important currency pairs, such as the GBP/USD and the USD/JPY, as well as numerous of the more prevalent but less significant ones. There are even exotic pairings available, which are normally suited for risk-tolerant Forex traders who prefer the volatility of developing market currencies. These pairs may be found on the market. GO Markets is an ideal site for both seasoned Forex traders and new traders who want to learn to trade the full field of global currencies because of the sheer diversity of trading options that are available on the platform.

Last but not least, one of the reasons that GO Markets is considered one of the best five Forex brokers is that it provides instructional tools to beginning traders. If you are new to trading online, the video training classes and webinars offered by GO Markets will help you get started in Forex more quickly than you otherwise could, saving you the expense of learning via trial and error. Even after you have mastered trading, GO Markets will continue to provide you with support in the form of a daily market news feed that will assist you in remaining current with the latest happenings in the global economy.

GO Markets is widely regarded as one of the most reliable Forex and CFD brokers available to traders in Australia. It is an enticing choice for virtually any trader thanks to its excellent customer service, comprehensive regulation, and favorable spreads. If you trade Forex, it is highly recommended that you give GO Markets some thought as a possible broker to work with. After reading this evaluation of GO Markets, if you are interested in the platform but are still unsure about it, you should think about registering a demo account with GO Markets. Demo accounts provide users with the same fundamental capabilities as live trading accounts, but demo accounts do not expose users to any financial risk. You might find further reasons to pick GO Markets by looking at this comparison between Pepperstone and GO Markets.

In the year 2006, GO Markets Pty Ltd. was established in Australia. At the moment, GO Markets offers two different types of trading accounts: commission-based and spread-based. Additionally, it provides Contracts for Difference (CFD) products, which include foreign exchange, indexes, equities, and commodities. GO Markets is authorized to provide financial services in Australia thanks to the Australian Securities and Investments Commission's provision of an AFSL (ASIC). GO Markets Ltd., which is one of the company's subsidiaries, holds a license issued by the Cyprus Securities and Exchange Commission (CySEC). The Securities and Commodities Authority of the United Arab Emirates (SCA) has granted a license to one of GO Markets' other subsidiaries, GO Markets MENA DMCC. The Financial Services Commission (FSC) of Mauritius issued affiliate firms of GO Markets with an Investment Dealer Licence, while the Financial Services Authority of Seychelles issued a Securities Dealer Licence. Both of these licenses are held by GO Markets (FSA).

Go Markets is widely regarded as the top online broker in Australia and is consistently ranked among the top forex brokers in that country. Additionally, the Australian Securities and Investment commission is the governing body that is responsible for its authorization and regulation (ASIC). It is authorized by the Australian financial services authority to operate. A 2019 Investment Trends Award was bestowed upon this broker in recognition of the educational materials/programs and excellent client service they provided.
According to our assessment of GO Markets, this broker provides traders of all skill levels with straightforward and affordable trading options for a variety of assets. Additionally, it offers over 350 different CFD products, including those that cover indices, commodities, currency, and equities.

GO Markets provides its customers with access to a diverse selection of industry-standard trading platforms, including Metatrader 4 and Metatrader 5, amongst others. These platforms are accessible to all traders. These investors have access to a variety of advanced trading tools, including those provided by GO Markets' MT4 and MT5 Genesis packages, trading Central, MyFXbook, Autochartist, and a-Quant.

Customers of GO Markets have access to more than 350+ CFD instruments, covering a variety of markets including forex, index, shares, and commodities, which they may trade across two key account types. There is the normal account, which does not charge a fee and has spreads that begin at 1.0 pip, and there is the GO Plus+ account, which charges a commission but has spreads that begin at 0.0 pip. Both of these accounts are provided to customers.

GO Markets provides access to more than fifty different currency pairings, including the following: AUD/USD, USD/CAD, USD/JPY, EUR/USD, USD/CHF, and GBP/USD. GO Markets provides traders with competitive spreads, and a minimum deposit of only 200 Australian Dollars is required for them to have access to leverage levels of up to 500:1.

GO Markets provides its customers with two primary account types: regular and GOPlus+. It makes available to traders a variety of services, tools, and capabilities that are created to make the trading process simpler and more enjoyable for traders of all levels of expertise.

In addition, the traders have access to a variety of extra trading tools, such as social trading integration, Myfxbook, Autochartist services, Trading Central, sophisticated indicators from Metatrader 4 and 5 platforms, and a number of other options.

Additionally, GO Markets provides access to an extensive library of instructional materials as well as a number of courses through their GO Trading Academy. This academy provides educational articles, videos, and courses. Additionally, it offers weekly coaching webinars, and traders have access to research, a daily news section, and customer support that is available 24 hours a day, 5 days a week in a number of different languages.

According to the information found in the ASIC registry, GO Markets, which operates under the name GO Markets Pty Ltd, is subject to regulation and authorization from the Australian Securities and Investments Commission (ASIC). In addition, GO Markets is authorized to provide its financial services in Australia since it possesses a license issued by the Australian Financial Services (one with all rights reserved.

GO Markets complies with the general data privacy regulation (GDPR) of the European Union as well as the data protection standards that are outlined in the Australian Privacy Act 1988. In addition, the Metatrader 5 and Metatrader 4 platforms adhere to stringent security requirements, and the data that is sent between the Client terminal and the platform is transmitted in an encrypted format. GO Markets also supports two-factor authentication, which must be used whenever a user logs in to their account.

According to the findings of our investigation, we are able to assert that GO Markets is a licensed broker and possesses the necessary registrations, both of which contribute to the site's status as a secure trading environment. This broker is authorized to operate its services under the financial services license known as ASIC in Australia. In addition, this broker has an additional European entity that operates under a CySEC license; as a result, some of this broker's proposals differ according to the regulations of each jurisdiction in which it operates.

Several procedures are responsible for the upkeep of risk management features, which results in the segregation of the client's money at the National Australian Bank (NAB). This segregation includes the use restrictions and margin calls of the NAB. In a similar manner, regulatory obligations and consumer safety are overseen by ESMA in relation to European firms.

According to our research, GO Markets allows customers to make deposits and withdrawals using a variety of different methods, including Visa or MasterCard, Skrill, Neteller, BPay, Fasapay, bank wire transfers, and numerous more choices. However, these choices vary depending on the region; in addition, there are no fees associated with deposits, and the processing time for them can range from instant to protracted, depending on the method that the trader selects. There are no fees associated with withdrawing funds from GO Markets.

According to the findings of our GO Markets review, the website of GO Markets provides traders with many options of instruments from among more than 350 trading instruments. These include indices, forex, commodities, and shares, all of which may be traded using CFDs. It is important for the trader to be aware that every trading instrument has its own unique set of requirements and characteristics. This broker provides narrower spreads than its competitors, and it also enables day traders to diversify their portfolios while providing assistance in trading in competitive markets so that they may produce profits.

According to the GOMarkets review, this brokerage firm provides clients with access to a variety of trading assets, which may be classified into the following key markets:

More than 50 different minor, major, and exotic currency pairings are available for trading. These currency pairs include the following: AUD/USD, USD/CAD, USD/JPY, EUR/USD, USD/CHF, and GBP/USD.
Shares gives consumers the ability to trade with more than 200 different shares, in addition to more than 80 different NASDAQ and NYSE shares.
They have the ability to trade using a variety of cash and futures CFDs when using index CFDs.
Traders have the option of trading gold and silver CFDs in either a short or long position under the precious metals heading.
Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple are the cryptocurrencies that traders may trade with in the cryptocurrency market.
Traders have the opportunity to engage in futures and spot trading, as well as trading in precious metals and crude oil, inside the Commodities sector of the market.

The spreads that are provided by GO Markets are among the most competitive in the industry. The spreads on minor and major Forex pairs range from 0.2 to 0.8 pips, and the minimum trade size begins at 0.1 pips.

A demo trading account is available to users of GO Markets at no additional cost. The CFD and binary options trading instruments provide the traders with real-time spreads and a leverage of 1:500, allowing the traders to exercise their trading abilities on these instruments. They are able to test their abilities with a sample account by using the spreads, and they are also able to use the technical analysis tools and multilingual customer assistance that go markets gives 24/5. The trader may practice trading on MT4 and MT5 as well as on mobile and desktop platforms using the virtual funds that come with the demo account, which total $50,000.

Through its GO Trade Academy, GO Markets provides customers with access to a wide variety of instructional tools and information. This educational institution offers a variety of courses based on its own proprietary management training methodology. In addition, the classes are offered at no cost, and there are online videos that give live group coaching webinars.

GO Markets provides its users with access to a variety of research tools, which enables new traders to more easily execute trading transactions. In addition to this, it makes a number of instructional programs and research resources accessible for free, which are utilized by various kinds of traders but are employed universally.

Traders may access a variety of learning materials, including video tutorials, webinars, and seminars on Forex trading at GO Markets Academy. These materials are available in numerous languages. One's abilities may be leveled up and one's ability to make more profitable trades can be improved by utilizing them from the website.

This broker provides clients with research tools that are integrated directly into the Metatrader 4 platform. Additionally, this broker is compatible with the trading Central, a-Quant, and autochartist features. These free trading signals and ideas may be utilized by the trader in order to increase their chances of generating a profit through trading. It is compatible with Metatrader 4 and Metatrader 5, both of which the trader may utilize, and it comes with a number of add-ons.

Traders may use a variety of trading tools, including Myfxbook, Trading Central, and autochartist, through the trading platforms provided by their broker, GO Markets. These tools draw attention to a number of successful trading possibilities that traders may pursue with the use of fundamental and technical research.

GO Markets provides its customers with the Myfxbook copy trading tool, which is suitable for traders of varying experience levels.
Trading Central provides users with access to a comprehensive range of analytical reports that have been compiled by both seasoned analysts and other technical experts.

Autochartist is a sophisticated program that can recognize chart patterns; this type of technical analysis makes chart analysis easier for inexperienced traders. Traders have several possibilities to make money off of price fluctuations because to this.

In addition, GO Markets makes available to traders a private virtual private server (VPS) solution compatible with Metatrader 4 and Metatrader 5. The use of the service will eventually incur a service fee in the amount of AUD30; however, the trader will not be required to pay this price if they trade a minimum of five lots.

The procedure of creating an account with GO Markets is uncomplicated and straightforward. The following is a list of steps that, when followed, will demonstrate to traders how to begin trading with this broker via their website:

The first thing you need to do is visit the website of GO Markets so you can register and create an account. In order to proceed with this procedure, the trader is required to provide their complete name, email address, and other relevant contact information. After this step is finished, a verification code is issued to the trader's email address; after this step is completed, an account is created for the trader.

Demo trading, in which the participant uses simulated capital instead of real money, can begin once the trader has successfully completed the account opening procedure and the registration process. The demo account is available for the trader to utilize so that they may become accustomed to the features and functionality of the platform and test out their various trading techniques.

After practicing with the demo account for a while, the trader will eventually be ready to put real money into their real account. In order for traders to begin live trading with this broker, a minimum deposit of AUD 200 is required.

After the sum has been contributed, the trader is then free to engage in live trading with the asset of their choosing. They also have the option to employ copy trading, which is provided by the platform, to increase their earnings by replicating the successful trades of other traders.

GO Markets gives customers the option of opening between a normal or a GO Plus+ account, despite the fact that other brokers also provide a variety of account options. In addition to that, it offers a demo account that is totally free to use.

A regular account may be opened by the trader with a minimum deposit of AUD 200, and they have the option of using either the MT4 or MT5 trading platform. In addition to this, the spreads begin at 1.0 pip, and the leverage offered is 500:1. The trader can profit from this broker's ability to execute deals more quickly, and the broker does not charge any fees. According to our analysis, we are able to claim that the basic account is the ideal choice for both beginner and experienced traders. This is because the platform provides a number of instructional resources to aid traders in making the most profitable trading selections.

This particular account, which is provided by the platform, is available totally free of charge on both the MT4 and MT5 platforms. Additionally, it provides a total of 50,000 in virtual funds, and its characteristics are identical to those of the real-time live platform. The traders may practice with demo accounts just like they would with actual trading, and this allows them to have a feel for the platform.

High volume traders can consider acquiring a GO Plus+ account, which requires a minimum deposit of $500 and a minimum initial balance of $500. Additionally, the spreads are quite competitive, beginning at 0 pip levels. When using the regular account, the smallest amount of lots that may be traded is 0.1, and the trader has access to a leverage of 500:1. Both the GO Plus+ account and the basic account come with a dedicated account manager who is available 24 hours a day, seven days a week.

Traders who want to trade while on the move can use the mobile trading app that GO Markets provides. The merchants who have downloaded and utilized the mobile app have provided feedback praising the superior quality of the mobile experience. No matter what kind of mobile device the trader uses, they will be able to download the mobile app from either the Google Play Store or the Apple App Store. In addition, the trader has the option of using either Metatrader 4 or Metatrader 5; the available technical analysis tools include charts, drawing tools, and indicators.

According to our analysis, GO Markets offers a diverse selection of trading platforms that are appropriate for both novice and experienced traders to engage in trading across a variety of asset classes.

Traders may use the mobile trading platform using MT4 and MT5 on Android and iOS smartphones thanks to Go Markets. The mobile app provides the same features and functionality as the web-based platform, which allows traders to check prices in real time, trade with a variety of asset classes, access a number of order types, and a number of other features and functionalities.

The Webtrader platform that is provided by GO Markets is fully compatible with both Metatrader 4 and Metatrader 5 and includes all of their respective features. The platform that is hosted on the internet and may be viewed straight from any internet browser. Users are able to trade CFD instruments, and it does not require them to download an app or a browser extension in order to do so. They are also able to get the pricing analysis from any location provided that they have a reliable internet connection.

Myfxbook Auto Trade is a social trading community as well as a worldwide copy trading platform that has more than one million registered users. Myfxbook integrates with the regular trading account offered by GO Markets. The following will be available to users:

Traders can sign up for a Myfxbook account when they have received the GO Markets login information for Metatrader 4 and Metatrader 5.
The users have the ability to mimic the trades of another trader on the site who has a track record of successfully completing transactions.
Myfxbook is accessible to the trader via the internet browser via a direct connection.
In addition to this, they have access to a vast assortment of precise statistics and analyses.
The traders are able to exercise control over deals that have been replicated, and they can quickly replicate the successful trades of other traders.
Bonuses and Special Offers
The following are some of the bonus and promotional deals that are presently available from GO Markets:

New customers of Go Markets who match the criteria for receiving the "$50 Trading Bonus" will have the opportunity to do so.
In addition to this, it provides extremely active traders with volume rebates of $5–$15 per million transacted, provided that the average monthly volume is at least $25 million.

The website for GO Markets provides multilingual customer service help around the clock, Monday through Friday. Live chat, the phone, and email are all options for getting in touch with them. In addition, the Go Markets website has a section devoted to frequently asked questions; if a trader has questions, he or she may utilize the website's contact form or send an email to the company. The website also provides a phone number for the trader to call in order to access telephone help. This number may be found on the website. This broker has a presence on social media, making it possible for traders to communicate with them via platforms such as Facebook, Instagram, and LinkedIn.

GO Markets is widely regarded as the most successful forex broker in Australia. A demo account, superior customer support, Trading Central, Autochartist, Metatrader 4, and a variety of additional trading tools are all available through this platform. It provides a diverse selection of trading platforms, so consumers may choose the one that best suits their needs. In addition to this, it is easy to sign up for an account, and it accepts a variety of different payment methods for both deposits and withdrawals. A trader should conduct research and analysis before to moving forward with this broker, despite the fact that they provide a number of services. You may learn more about the rank position that Go Markets currently holds in Australia by clicking here.

Does GO Markets charge a subscription fee on a monthly basis? If a client's monthly trade volume is at least one million US dollars, GO Markets will give the client with a free monthly membership to a virtual private network (VPN). If the client's monthly trading volume is not sufficient, a service fee in the amount of ten dollars or the amount of the account currency that is comparable to one month will be added to the trading account.

What is the minimum deposit required to create an account with GO Markets?
Following the creation of an account, the trader is required to make a minimum deposit of two hundred Australian dollars in either the GOPlus+ account or the basic account.

How can I make a deposit into my account with GO Markets? When it comes to depositing cash, GO Markets gives customers a wide variety of choices, including Visa, MasterCard, bank wire transfer, Skrill, Neteller, Fasapay, Poli, and many more.

Which online stock trading platform is the most user-friendly for novice investors? GO Markets provides its customers with access to a comprehensive selection of trading products that are suitable for both novice and seasoned investors. They have access to more than 350 asset offerings, which include currency pairs, indexes, metals, equities, and commodities, which they may trade.

Award-winning GO Markets, which was established in Australia in 2006 and has offshore offices in Mauritius and Saint Vincent in the Grenadines, provides access to foreign exchange (forex) trading in over 50 currency pairs and contract for difference (CFD) trading in over 600 products, some of which are commodities, indices, metals, and individual shares. GO Markets has won numerous industry accolades. The maximum leverage offered by the broker is 500:1, although customers in the EU and the UK may only get access to a leverage of 30:1. GO Markets is compatible with the widely used MetaTrader 4 and 5 (MT4/5) trading platforms for desktop, mobile, and web-based trading environments. In addition, the broker makes available helpful trading tools like as MT4/MT5 Genesis, Autochartist, Myfxbook, and Trading Central. Furthermore, the broker offers virtual private servers (VPSs) for MT4 and MT5 trading platforms. GO Markets is subject to the regulatory monitoring of the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySec) in the European Union, and a few offshore regulators.

GO Markets was the first Australian broker to use MT4, and it also supports the MT5 platform, which offers broader support for trading CFDs in markets other than FX. MetaTrader's web-based WebTrader platform does not require a software download, and MT4/5 trading platforms are accessible for mobile devices that run the iOS and Android operating systems.

You have the ability to trade a diverse selection of over 600 assets with GO Markets. These assets include currency pairings, CFDs on individual stock shares, commodities, and indices, and more. Even the trade of commodities is up to your consideration.

The broker makes available two different types of accounts, one of which is based on commissions and the other on spreads. You may also test out the services that GO Markets provides by signing up for a free demo account.

Individuals from more than 175 countries across the world may register a trading account with GO Markets, despite the fact that the broker does not accept customers from the United States or Canada as clients. You may be able to employ leverage as high as 500:1 depending on the jurisdiction in which you are doing business; however, EU and UK customers are only allowed to use 30:1 leverage.

By providing support for the AutoTrade function of Myfxbook, GO Markets gives its customers access to social and copy trading. GO Markets also provides clients with access to premium services such as MT4 and MT5 Genesis, Autochartist, a-Quant, Trading Central, and a virtual private server (VPS) service for MT4/5.

Access to the customer service that has won GO Markets several awards is available around the clock, Monday through Friday. Both the customer service department of the broker, which is multilingual, and its website are available in English, Chinese, Indonesian, Thai, Portuguese, Arabic, and Spanish respectively.

In addition to providing phone numbers in Australia, the United Kingdom, and other countries as well as a variety of email addresses and a web-based contact form, the broker's website has a Live Chat option that allows users to communicate with customer care representatives in real time. Additionally, you may connect with GO Markets through a variety of social media platforms, including Facebook, Twitter, LinkedIn, YouTube, and Instagram.

Additionally, the broker has a Frequently Asked Questions (FAQ) section on their website, which includes helpful responses to the questions that consumers ask the most frequently.

To create a live account with GO Markets, you will need to make a minimum deposit of $200 for either of the Standard or GO Plus+ account types that are provided. The commission schedules for these account types are different from one another. With either type of account, the smallest amount of currency you may trade is 0.01 lots, and you can trade more than 50 different currency pairs in addition to CFDs on shares, indices, commodities, and cryptocurrencies.

Commissions as well as minimum and average dealing spreads for each product traded in the two account types, and you can check out GO Markets' pricing on approximately 400 share CFDs from all over the world on their website.

Depending on the type of account you have, you can choose to use AUD, EUR, USD, NZD, GBP, CAD, SGD, CHF, or HKD as your base currency. For clients based in the EU and the UK, the maximum leverage for forex trading is 30:1, while it may go as high as 500:1 in other regions. Scalping and the use of expert advisors (EAs), in addition to access to trading tools and a free virtual private server (VPS), are permitted in both types of accounts.

You may utilize the excellent MT4 and MT5 mobile applications for iOS and Android instead of GO Markets' own mobile trading platform because GO Markets does not have its own mobile trading platform. These mobile versions mirror the desktop versions of MT4 and MT5 quite closely and include many of the same features as the desktop versions.

Trading on GO Markets offers you access to a variety of powerful trading tools, including the following:

This piece of software, known as Autochartist, is able to deliver real-time trading alerts as well as volatility analysis by recognizing patterns in technical analysis charts over several time frames.
MT4 and MT5 Genesis is a collection of expert advisor software solutions that aim to improve the MT4 and MT5 trading experiences of their users. They consist of a session map, an economic news calendar, an order management system, a micro terminal, a sentiment indicator, a correlation trader, and a correlation matrix. In addition, they have a correlation trader.

A-Quant is a service that offers dynamic portfolio optimization, trading signals, and individualized solutions for its customers. In addition to options and exchange-traded funds (ETFs), the markets that may be traded include indices, futures, stocks, commodities, and FX pairings.

Trading Central is a great tool for both fundamental and technical research, and it provides a number of newsletters that may provide you with more insight into a variety of markets. Additionally, the Trading Central Research Platform features Analyst Views, which blends pattern identification achieved through automated algorithms with senior analyst reports, as well as Technical Insight, which consists of a collection of thorough, proactive analyses with adjustable choices.

Myfxbook: GO Markets' support for this website's features enables the company's customers to participate in social and copy trading using the company's AutoTrade service. This is useful for customers who want to take part in the market but don't want to trade themselves. In addition, Myfxbook gives users access to a vast array of technical analysis tools.

An additional important advantage is that GO Markets provides its users with an Education Hub that is stocked with learning tools for both inexperienced and seasoned traders. Through the GO Trader Academy, you have access to a vast array of training tools, including courses ranging from the most fundamental aspects of forex trading to more advanced topics. You will also have access to weekly Inner Circle webinars that will shed light on the most recent developments in the market and allow you to see instructions on how to use the MT4 and MT5 trading platforms.

GO Markets ensures the safety of its clients' money by keeping it in accounts that are kept separate from those used for company operations. Two-factor authentication and a payment integration system that is built into the client portal are two additional security elements that are included.

The fact that GO Markets uses the user-friendly and straightforward MT4 and MT5 trading platforms enables many seasoned traders to start trading right away thanks to a framework that is already familiar to them. Tutorials on how to use the MetaTrader platforms may be found on the websites of GO Markets and the company that developed them, so even traders with less expertise can learn how to use them rather fast.

In addition, utilizing MT4 or MT5 in a free sample account will help new traders learn more quickly, while also providing experienced traders with the opportunity to evaluate the features and trading tools offered by GO Markets.

The client support offered by GO Markets, which is accessible around the clock during the trading week, helped the company earn an award from Investment Trend. In addition, the firm has been recognized as having the Best Non-Commission Forex Account by Compare Forex Brokers and as having the Best Educational Materials/Programs by Investment Trends. Both of these awards were given out.

In general, it looks as though GO Markets is a respectable brokerage for traders of CFDs and FX, regardless of their degree of skill. Experienced traders will find that GO Markets is a fantastic alternative because to the broker's support for the leading MetaTrader platforms and the comprehensive trading tools that are available through the broker. In addition, beginners have access to everything they need to hone their trading abilities thanks to the extensive instructional materials provided by GO Markets and the fact that they may use a free sample account to practice their skills.

You may get an overview of the products and services offered by GO Markets by watching a brief film on the company's official YouTube channel.

Is GO Markets subject to regulations? Yes, the Australian Securities and Investments Commission (ASIC) monitors GO Markets. The online broker has two registrations as Australian Proprietary Companies, one under the ACN number 080 864 039 and the other under the ACN number 653 400 527. The broker is also licensed with the Financial Services Commission (FSC) of Mauritius as an Investment Dealer (Discount Broker) with the license number GB 19024896, and it is licensed with the Cyprus Securities and Exchange Commission (CySEC) as an EU Merchant Company with the license number 322/17. Both of these licenses are held by GO Markets Ltd. In addition, the Financial Services Authority of Seychelles has granted GO Markets a license to operate as a securities dealer under its supervision.

What exactly is trading in CFDs? A contract for difference, often known as a CFD, is a type of derivative contract in which the price of the contract is determined by the price of the underlying asset. CFDs give traders the ability to speculate on price or exchange rate fluctuations over a short period of time. Trading contracts for difference does not need you to take delivery of or take control of the underlying asset. Additionally, you may go long or short on the CFDs, and you can trade with leverage when doing so. You will not be required to pay stamp duty on your CFD stock transactions if you are located in the United Kingdom. Stamp tax is normally equal to 0.5 percent of the trade value when purchasing shares in an outright transaction.

In general, GO Markets can be summed up as a reliable and valuable Forex broker that offers very reasonable trading costs while maintaining a high level of customer service (against major currency pairs). In addition to having a relatively modest spread, the risk involved is minimal.

The GO Markets Group has its headquarters in the country of Australia.

A firm that gives traders access to platforms that enable them to purchase and sell different currencies is known as a foreign exchange (Forex) broker.

Retail forex brokers and currency trading brokers are both names that refer to the same type of business. In turn, retail currency traders employ these brokers in order to acquire access to the 24-hour currency market for the sake of speculating.

Institutional clients and huge corporations such as investment banks can also take use of the forex broker services that are available.

GO Markets is credited with being the first MT4 broker in Australia. Since then, the company has expanded its platform offerings to include MT5, smartphone trading, and a web-based platform.

Trading accounts with more than 600 tradable CFD instruments, including Forex, Shares, Indices and Commodities, and Cryptocurrencies, can be opened with GO Markets, which has established itself as a leading and trusted Australian regulated broker. Trading accounts can be opened with either a spread-based or commission-based structure.

The GO Markets Group has locations all around the Indian Ocean, including Australia, Cyprus, Mauritius, and the Seychelles.

Awards bestowed upon a forex broker firm by prestigious organizations or magazines have a great deal of weight in the industry of foreign exchange broker companies.
Recent accomplishments for GO Markets include the following:

According to the Investment Trends' Australia's Leverage Trading Report, GO Markets was awarded #1 for customer service in both 2019 and 2020. Furthermore, their training programs won the highest satisfaction award for each of the previous three years, starting in 2019.

2021 Winner of value for Money, Margin Requirements, Responsiveness to COVID-19 situation, Spreads and Trading Ideas and strategies, and No. 1 actual advocacy from users. 2021 Winner of value for Money, Margin Requirements, Responsiveness to COVID-19 situation, Spreads, and Trading Ideas and strategies.

A foreign exchange account, often known as a forex account, is a trading account that is held by a trader with a business like GO Markets and is primarily issued for the purpose of trading currencies.

Typically, the number of accounts and types of accounts that a trader is permitted to open with a broker firm will vary depending on the country in which the brokerage is based, the trader's country of residence, and the regulatory authorities under whose jurisdiction the firm is authorized to conduct business.

GO Markets provides its users with two different account kinds. Since the greatest leverage that may be given on any of these accounts is up to 1:30 for ASIC and CySec countries and up to 1:500 for all other jurisdictions, the primary variations between these accounts can be found in the spreads, fees, and minimum opening balances.

In addition, a specialized account manager is provided for each and every account holder.

The basic account is designed for inexperienced traders and has a modest minimum deposit requirement of only $200 US Dollars. A simulated version of trading on the currency markets is provided through another account choice called a demo account.

On a normal account, the most significant cost comes from the spreads.

The new GO Plus+ trading account is popular among intermediate and experienced traders since it eliminates the need for dealer involvement and enables trading directly with the market. This results in the most competitive spreads possible (given the state of the market) and a more expedient execution of trades.

In 2018, GO Markets replaced its forex broker Pro Account with the GO Plus+ forex trading account. This was done in order to better serve their customers.

It provides zero-pip spreads, the MT4 and MT5 trading interfaces, excellent client assistance, and a wide variety of currency pairings that are regulated by the Australian Securities and Investments Commission (ASIC). Additionally, GO Markets is obligated to keep customer monies in a separate account from the company's operating funds.

You can register a trading account with an ASIC business that offers FX trading accounts for Trust and Self-Managed Superannuation Funds (SMSF), and then use that account to trade the CFDs markets using a part of your money.

Those who want to trade with GO Markets on behalf of their businesses, companies, or other corporate entities can do so through the use of a Corporate Account.

Demo accounts for MetaTrader 4 and 5 are available through GO Markets. These trial accounts use the same price feed as the live MT4 and MT5 accounts, allowing traders to experience real-time spreads and quick execution. Traders begin with a virtual balance of US$50,000 in their demo accounts.

Before applying for an account, applicants from countries other than Australia are required to research the legal requirements of their home countries.

GO Markets does not accept applications from customers located in countries such as Israel, Belgium, Japan, or Turkey. Nor does it accept applications from customers located in the United States of America (among others).

The Client Portal, credit cards, Bank Transfer, Poli, Fasapay, and BPAY are the several payment methods that may be used to make deposits, withdrawals, and internal transfers with GO Markets.

There are no costs associated with deposits made using Visa or Mastercard, Skrill, Neteller, Faspay, or bank transfers when using GO Markets. GO Markets does not accept cash payments from other parties or payments made in person at the cash register.

Due to laws regarding third-party transactions, cash withdrawn from your GO Markets account can only be returned to a bank account that is in the same name as your GO Markets account.

Withdrawals from GO Markets do not incur any costs, although withdrawals made to financial institutions located outside of Australia may be subject to fees charged by such institutions.

The amount of money spent on trading is determined by a number of variables including fees, spreads, and margins.

The difference between the bid rate and the asking rate for a currency pair is known as the spread for that pair. A point of interest (pip) is the smallest possible change that can occur to an exchange rate. For currency pairs in which the Japanese yen serves as the term currency, one pip is equal to 0.01, but for all other pairs, one pip is equal to 0.0001.

Margin refers to the amount of money that must be present in an account before a position may be opened. The current price of the base currency in relation to USD, the size (volume) of the position, and the leverage that has been applied to your trading account are all factors that go into the calculation of margin.

Commissions are the fees that a trader must pay to an investment broker in exchange for the broker's assistance in conducting transactions on the trader's behalf. The amount of commissions charged will fluctuate from one broker to the next, as well as depending on the asset that is being traded and the kind of service that is being provided by the broker.

Traders often pay lesser commissions when they work with execution-only brokers, which are defined as brokers that do not offer any kind of personalized financial advice and who grant traders full authority over the manner in which they trade the markets.

Contract for differences (CFDs) trading is a type of derivative trading that gives traders the ability to bet on the increasing or falling prices of rapidly changing global financial markets. However, CFDs trading on shares will result in the payment of fee.

Trades in contracts for difference (CFDs) made on other markets don't incur commission fees, but they do add a spread on top of the price of the underlying asset.

Because GO Markets operates on a worldwide scale, the fee structure that customers are subject to may vary depending on the nation in which they are based or the location in which they trade.

Raw spreads are available to customers with GO Plus+ accounts; however, a commission fee of AUD3 or USD2.5 is charged on each side. Because they are compiled from over 22 different liquidity providers, all spreads are subject to change.

When trading Australian share CFDs, a fee of 0.08 percent is payable, with a minimum of 10 dollars in United States currency. GO Markets, similar to the majority of other brokers, deducts a charge from the spread, which is the difference between the price at which an item may be bought and sold.

GO Markets gives traders access to trading circumstances that are both comprehensive and competitive. These trading conditions are intended to meet the requirements of different traders regardless of their degree of understanding or competence.

Leverage refers to the facility that enables a trader to create a position with a considerably bigger exposure to the market in comparison to the amount of money that they first placed in order to do so. Leveraged products like this amplify a trader's potential profit, but they also raise the trader's potential loss, which is to be expected.

The level of leverage is typically expressed as a ratio, such as 50:1, 100:1, or 500:1. Assuming that a trader has a trading account balance of US Dollar 1,000 and is trading ticket sizes of 500,000 USD/JPY, the trader's leverage will be equivalent to 500:1.

Client accounts with GO Markets are configured to have a leverage rate of 100 to 1, which is the industry standard (1 percent ). A customer has the ability to select a rate anywhere from 1:1 (no leverage) to a maximum of 500:1 depending on the current balance of their account. Regulations pertaining to the relevant jurisdiction are enforced within ASIC and CySEC institutions.

It is important for traders to keep in mind that regardless of the leverage on their accounts, certain currencies always have a higher margin rate. Certain currencies may have a predetermined margin rate, but others, such as exotic currencies, may need a margin rate that is up to five times higher than that of a major currency.

It is common practice for forex brokers to entice new traders with promises of enticing deposit incentives. This could be helpful, but it is very necessary to determine what a legitimate bonus is.

A bonus of this kind is simply a method of compensating traders for selecting a particular broker, given that once the account is opened, the trader will be subject to the same costs as any other participant in the market.

Once the trader has demonstrated that he is an active trader, he will be eligible to get the bonus, which is just a reward for the trader's decision that will reimburse part of the trader's costs.

Customers should be aware that no deposit bonuses are an excellent way to get started trading, but they frequently come with ridiculous terms that require you to trade a certain volume of currency before you can make any kind of withdrawal, even if you do make a profit from the bonus. This is important information for customers to have.

On occasion, GO Markets will give perks, such as a credit bonus, to both its current and prospective MT4 customers.

A trader has the opportunity to obtain a trading credit bonus equal to up to 30 percent of the initial deposit whenever their GO Markets MT4 Trading Account is credited with any amount between $1,000 and $20,000 USD.

The forex trading software that is made available to customers of a broker firm and is referred to as the platform is what customers actually utilize to execute their transactions.

When referring to a platform, the term "multi-asset" refers to the fact that it enables customers to trade not only foreign exchange but also other asset classes, such as contracts for difference (CFDs) on stocks, stock indices, precious metals, and cryptocurrencies. A platform may also be multi-lingual.

What a customer wants to trade will play a significant role in determining which trading platform they should go with; thus, this factor will also be one of the factors they use to select a broker.

As a result of MetaTrader's reputation for offering effective trading opportunities to traders of all experience levels, GO Markets provides desktop and mobile trading platform choices that include both MetaTrader 4 and MetaTrader 5.

Traders are able to trade from anywhere and at any time thanks to MT4 for mobile, as well as monitor trading markets and conveniently contact experienced advisers. Trading on MT4 is mostly done in foreign exchange, whereas trading on MT5 may be done in a variety of assets via the CFD platform.

GO Markets is an ECN and STP broker based in Australia. Due to the low spreads given, the minimal minimum deposit required, and the provision of an unlimited demo trial, it is a suitable fit for many different types of traders. When it comes to trading, the relatively restricted asset selection and narrow range of account types might be a disadvantage for traders who would want to have more options available to them.

Traders with more expertise will like the fact that hedging, scalping, and EAs are all supported, in addition to the fact that this broker is a fantastic alternative for novice traders in general. The broker provides trading using WebTrader, MT5, and the MT4 mobile app depending on your area. Additionally, the usage of their own private VPS is accessible, and social trading and copy trading may be done through Myfxbook depending on your region.

When you trade with GO Markets, one of the primary drawbacks you can notice is, to begin, the limited variety of assets that are offered. When weighed against the offerings of other brokers, this might be considered restrictive. The same is true for the variety of account types available. You could also discover, in your capacity as a global businessperson, that the website supports just a limited number of languages. In conclusion, if you are a trader in the EU, you could discover that there are some additional regulations in place, and the instructional area of the broker's website might need some enhancements.

Even if there are some negative aspects to consider, there are also numerous beneficial aspects that may be brought up. These begin with extraordinarily tight spreads. When you add this to the fact that GO Markets provides limitless demo accounts and has modest criteria for the minimum investment, you have an online trading platform that is great for beginner traders.

Additionally, and this is of the utmost importance, the broker is extremely well-regulated and also provides trading through a variety of trading platforms that are held in high esteem. In addition to this, they provide a high-quality copy trading platform in addition to social trading capabilities, and there is a decent range of payment ways that are available, making them open to everyone.

When you trade foreign exchange at GO Markets, you may choose from more than 50 different currency pairings. Depending on where you are located, this figure is accompanied by more than 600 contracts for difference (CFDs) across a variety of asset classes, some of which include indices, futures, commodities, metals, and equities. With a regular account, the spreads begin at 1 pip and increase to 0 pips with a commission of 3 AUD per side with the GO Plus+ Account. These spreads offer good value and begin at these levels. If you have a Go Plus+ account, the average spread on the EUR/USD currency pair is 0.2 pips, however if you have a normal account, the spread is 1.2 pips.

GO Markets also offers copy and social trading using the Myfxbook platform, which is well-known and well regarded in the industry. You will have the ability to imitate the trades of expert traders and benefit from the features that are provided by this leading trading platform. You may quickly link your normal account, and then you'll be able to use any browser to access the entire service, which will provide you access to analytics, statistics, and other insights. Copy trading and social trading are not available to you at this time if you are trading in accordance with CySEC, FSA, or SVG laws.

Since its founding in Australia in 2006, GO Markets has been proactive in adhering to a wide variety of laws created by several of the most influential organizations in the sector.

The Australian Securities and Investments Commission (ASIC) has granted GO Markets Pty Ltd an AFSL license with the number 254963.

GO Markets Pty Ltd (MU) is a Global Business Company with the registration number 170969 and is licensed by the Financial Services Commission (FSC) of Mauritius as a Discount Broker with the license number GB 19024896.

CySEC has granted GO Markets Ltd. authorization and regulation; the company's license number is 322/17.

GO Markets International Ltd. holds a Securities Dealer Licence with the number SD043 from the Seychelles Financial Services Authority, which both authorizes and regulates the company.

As a result, they are one of the most strictly regulated brokers in the business and a highly compliant operation all over the world.

Your savings are safeguarded to a high degree, as you would anticipate from a foreign exchange broker that is subject to such stringent regulations. They are kept in separate accounts with top-tier financial institutions, such as the Reserve Bank of Australia and other financial institutions. In addition to that, negative balance protection is given for free as a basic feature.

On top of that, as a trader in the EU, you are eligible to receive up to €20,000 in compensation from the Investor Compensation Fund (ICF). When you fund your account, the use of 3D Secure will provide you with an additional layer of protection for any online payments you make.

During their tenure in the sector, the broker has been recognized with a number of prestigious accolades on many occasions. The 'Best Non Commission Forex Account' award from the Compare Forex Brokers 2020 Awards, the 'Customer Service 2019-2020' award from the Investment Trends Awards, and the 'Educational Materials-Programs 2019-2020' award from the Investment Trends Awards are a few examples of these accolades.

Any trader would benefit greatly from beginning their experience with a demo account. This gives you the opportunity to get to know a broker in a trading environment in which you assume no risk at all. You may open a demo account with GO Markets for any of the account types that they have, and you will be given a simulated trading balance of $50,000 to practice with. In addition to the real-time data, you will have complete access to all of the tools and charts, just as you would in live trading.

CFDs on shares are not offered through demo accounts in accordance with the regulations of ASIC, SVG, FSC, and UAE SCA. Neither are they offered through real accounts in accordance with the regulations of CySEC and FSA.

The basic account offered by GO Markets is not only a good and well-liked type of account but also one that is very easily accessible to beginner traders. They have a minimum deposit requirement of merely $100 in accordance with the requirements of CySEC, $200 in accordance with the regulations of ASIC, FCA, and SCA, and $500 in accordance with the laws of SVG and FSA.

Through this sort of account, you will have access to exceptional value spreads starting at 1 pip and will not be charged any commission on any of the more than 600 assets that are made available (more than 90 of which fall under SVG regulation). Along with it, the minimum trade size is set at a manageable 0.01 lots.

The Go Plus+ Account was developed with higher volume traders and traders using automated trading systems in mind. The minimum deposit requirement here is still extremely reasonable at $250 according to CySEC, $200 according to ASIC and FSC, and $500 according to the SCA. Additionally, the spreads that are offered are great and start at 0 pips, with a fee of 3 AUD or its equivalent per side on a typical lot.

You will have full access to all 600+ assets that are made available for trading by the broker, and the minimum trade size will remain at 0.01 standard lots during this entire process. In accordance with the SVG and FSA rule, you are unable to open an account of this kind.

The Go Pro account requires a minimum deposit of $3,000 and is only available to individuals who trade in accordance with the regulations of the FSA. In addition, the spreads offered here begin at 0 pips, and there is a cost of $7 per lot applied to trading forex and metals per lot, while there is only a commission of $2 per lot applied to trading commodities and indices each lot traded.

Although the minimum transaction size is maintained at 0.01 lots, this type of account is primarily geared at high-volume traders. As you might have guessed from the minimum deposit requirement, the primary target audience for this account type is high-volume traders. In addition, if you choose this type of account, you will have access to your very own personal account manager.

The broker provides access to an Islamic account for clients. This account complies entirely with all Shariah regulations and may be used to apply Shariah principles to either the GoPlus+ account or the basic account, depending on your requirements.

Trading is permitted without the imposition of any swap or rollover fees here since, according to Shariah law, the payment of any kind of interest violates the principles underlying Islamic accounts.

You are allowed to open this Trust/SMSF trading account to trade CFDs in proportion to the amount you have available in your Self-Managed Superannuation Fund (SMSF). If you have a Self-Managed Superannuation Fund (SMSF), then you are eligible to do so. If you use this kind of account for trading, you are responsible for handling your own associated tax matters and ensuring that you remain compliant.

You will have an option between two different varieties. Depending on the specifics of your business and legal structure, this might be the company account or the trustee account. Once more, the availability of this kind of account is determined on your geographical area.

If you are trading as a business or corporate organization with the broker, you may take use of the GO Markets corporate account, which is both available and perfect.

When you create this account, you will have the option of choosing between a corporate account type and a trust or superannuation account type, just like you did with the account type that was discussed before. After that, you have the choice of selecting either a person trustee or a corporate trustee, based on your requirements and the circumstances.

Once more, the availability of this sort of account could be contingent on where you are physically located.

The minimum deposit required by GO Markets will vary depending on the account type that you select as well as the restrictions that you trade under.

This equates to $100 for the regular account in accordance with CySEC legislation; $200 for accounts held in accordance with ASIC, FSC, and SCA; and $500 for accounts held in accordance with SVG and FSA (Seychelles).

Under the regulation of CySEC, the minimum deposit required to open a GoPlus+ account is $250; under the regulation of ASIC and FSC, it is $200; under the regulation of SCA, it is $500; and under the regulation of SVG and FSA, the account is not available. The Pro account requires a minimum deposit of $3,000 and is only accessible to those who comply with FSA law.

When it comes to deposit methods, you will be able to make a bank wire deposit, use a credit or debit card that is issued by Mastercard or Visa, and have a selection of eWallets to choose from including Skrill, Neteller, FasaPay, BPAY, DotPay, and checkout.com. You will also be able to use a credit or debit card that is issued by American Express.

Having said that, not all ways are accessible to everyone in all nations in the world. DotPay and checkout.com are available to EU customers, whereas BPAY and Poli are only available to customers in Australia.

Every method, with the exception of BPAY (which might take up to two business days), checkout.com, and bank wire transfers, has an instant processing time for deposits (both 1-3 business days).

There are no costs associated with deposits made through GO Markets; however, you should verify with your bank or the issuer of your electronic wallet to see if they impose any fees, particularly those associated with bank wires. If you are depositing a currency that is not the base currency, you may be subject to a modest conversion fee.

You can withdraw money from GO Markets using any of the same options that you have available for making deposits, which are outlined above. Depending on the method that you employ, a withdrawal may take anywhere from two to five business days to reach your account once it has been processed.

Once more, there are no costs associated with withdrawals from the broker; however, you should verify with your bank and the supplier of your eWallet to see whether they impose any fees.

The spreads and commissions that are applied vary depending on the type of account that is being used for trading. These start at 0 pips with a commission of AUD 3 or the equivalent per side on a Go Plus+ account, 1 pip on a normal account (1.6 pips if trading under FSA supervision), and 0 pips on the GO Pro account, with the commission varying depending on the item traded.

You, as a CFD broker, will be subject to an overnight charge on every asset, just like all other CFD brokers are, unless you trade through an Islamic account, in which case you will not be subject to this fee. This price is charged in order to keep your position open overnight, and it changes on a daily basis depending on the market and the asset.

There is a charge made for idleness that varies depending on where you are located. This fee applies to European customers after three months of inactivity and is fifteen dollars per month; nevertheless, it is possible that other customers will not be charged this fee. Depending on the specifics of your circumstance, you want to consult the broker.

While you are trading, you have access to a number of different risk management tools that can assist you in minimizing the risks associated with trading. The usage of stop loss, take profit, trailing stop, limit order, and margin calls are some examples of these strategies. These can assist you in efficiently managing your holdings and the level of equity in your account in a responsible manner.

The foreign exchange market is open for business from Monday midnight to Friday midnight Eastern Time. When it comes to other assets, trading hours are determined by the particular asset as well as the class of asset; thus, you should check the website of the broker for these precise facts.

Through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, users have access to a comprehensive set of charting tools and indicators. In a setting that allows for a great deal of personalization, you will have access to more than 80 charting indications and 40 sketching tools.

They provide an unique trading platform known as the GO Markets WebTrader, which enables trading to take place immediately within a user's web browser. There is no need to download anything, and the trading experience offered by the site is quite dependable and straightforward.

Despite the fact that MT4 and MT5 are both marketed and available in webtrader form, this trading platform is not available for use in jurisdictions regulated by CySEC, SVG, or the FSA.

The MetaTrader 4 platform has been extremely successful throughout the business for a number of years, which has led to widespread recognition of the platform. In addition to being offered as a webtrader, the platform may also be downloaded on mobile devices, as well as computers running Windows and Mac operating systems.

The trading platform is well-known for being strong while yet being user-friendly, and it also offers a great deal of versatility when it comes to personalizing your experience. You may log in to the same account on many devices at the same time and have access to a wide variety of tools and indicators, with the total number exceeding 25. In addition to this, you will have complete access to the EAs function, which is offered by the broker and is supported by them.

MetaTrader 5 is another leading trading platform that operates in a manner that is analogous to that of MT4, but it offers expanded functionality and support for the trading of more assets. Again, you have the option to use the webtrader platform, download software for Mac or Windows computers, or use your mobile device to access the platform.

You can discover all of the order kinds that are supported and the EAs that are accessible to utilize in this section. Additionally, the platform provides access to an even greater number of indicators, with more than 80 in total to choose from across a total of 21 distinct periods. When taken together, all of this results in a trading experience that is complete and easy to understand. In accordance with the laws of CySEC and SVG, the MT5 platform is not available.

Both MT4 and MT5 may be accessed on mobile devices as well. Both of these can be downloaded for free on iOS or Android smartphones and provide a fully thorough trading experience that is user-friendly without being missing in any capabilities when compared to desktop and web-based trading platforms. The latter of these depends on where you are located.

In our assessment of GO Markets, the broker received high marks in both the field of trading costs and the category of depositing and withdrawing money. For the foreign exchange, index, and commodity markets, the spreads offered on its commission-free trading account were some of the finest we've seen.

In addition to providing access to the professional trading platform MetaTrader 4, the broker also gives clients access to a variety of cutting-edge trading tools developed by independent analytics firms such as a-Quant and Trading Central. However, inexperienced traders are supported through the provision of a mobile trading software that is straightforward to operate and access to a variety of trading courses.

In our assessment of GO Markets, we considered the following nine factors: trustworthiness, fees, platforms and tools, tradable instruments, customer support, deposit and withdrawal account types and terms, research and education.

Due to the absence of any fees associated with deposits or withdrawals, the broker received the highest possible score in this area. The costs were determined to be quite good and substantially better than the industry average for commission-free trading accounts, which contributed to the category receiving the second best score out of all the categories.

The customer service received the lowest grade because we found it to be sluggish and occasionally unavailable, despite the fact that it is represented as being accessible 24 hours a day, seven days a week. The second-worst grade was received for tradable instruments. This was due to the fact that the product selection is restricted in comparison to the average for the industry, although it does still contain all of the key marketplaces.

The commission-free trading account and access to a variety of trading courses are both wonderful perks for traders just starting out. Advanced traders will have access to a variety of professional trading and analytical platforms, including MetaTrader 4, a-Quant, and Trading Central, as well as costs that are more affordable than those offered by other brokers.

Even on the commission-free trading account, the trading fees offered by GO Markets are quite competitive and far better than the average in the industry. This is really encouraging to observe, given that the trading costs have the greatest influence on the profitability of your trade.

Trading signals provided by a-Quant, analytics provided by a third-party company called Trading Central, and MT4 Genesis, which expands the number of indicators available within the MetaTrader 4 platform are some of the additional products and tools offered by the broker, which also includes an impressive range of additional products and tools.

The GO Markets trading service is mostly intended for traders who are already established in their careers. Advanced traders are taken into consideration when designing features such as the low, competitive costs, access to sophisticated trading platforms like MetaTrader 4, and third-party analytical tools.

However, new traders will also benefit from commission-free trading accounts, competitive spreads, live trading webinars, and trading courses offered by the GO Trade Academy. All of these features can be found on the GO Trade website.

GO Markets Ltd is a company that is authorized and controlled by the Cyprus Securities and Exchange Commission, which is a tier 1 regulator (CySEC).

GO Markets Pty Ltd is a company that is authorized and controlled by the Australian Securities and Investments Commission, which is a tier 1 regulator (ASIC).

GO Markets Pty Ltd (MU), an Australian company, is authorized and regulated by the Financial Services Commission (FSC) of Mauritius, which is a tier 3 regulator.

The degree of regulatory control and safeguards that are made available to investors is directly proportional to the location of the broker. Many brokers have relocated overseas as a result of a regulatory crackdown carried out by tier 1 authorities such as the FCA, CySEC, and ASIC; hence, it is important to perform your research thoroughly.

When evaluating the trustworthiness of a broker, we take a number of factors into consideration. These are the following:

separation between the monies used for customers from those used for the business. It is imperative that customer monies be kept in a separate account from company funds at all times. After all, you wouldn't want your broker to spend the money you gave them to operate their own firm, would you?

A insurance to safeguard against having a negative balance. Because of this, it is impossible for the value of your account to go into the red as a result of unfavorable market movements.

Method of financial compensation In the case that a broker fails to pay its clients, does the regulating body or the entity give access to compensation? Are extra protections implemented by the broker even when it is not necessary of them to do so? This is an excellent indicator of how seriously your broker takes the responsibility of ensuring your safety.

While other financial authorities do not make it a regulatory necessity to offer some of these services, other financial regulators do make it a regulatory requirement to offer some of these features. The next section will provide you with a rundown of the safeguards that GO Markets has in place for you.

It is important that, as an investor, you take advantage of the regulatory protections and safeguards available to you. You need to find out how your money is protected, how the broker safeguards you, and whether or not you are eligible for reimbursement in the event that the broker declares bankruptcy.

The organization that you choose to create an account with and the safeguards that are afforded to you will both be heavily influenced by the location in where you are physically located.

Retail traders are afforded the highest level of security under the auspices of the CySEC organisation. This is because it is a regulatory necessity to be a part of the Investor Compensation Fund (ICF), which can cover you up to a specific amount if the broker goes bankrupt. The reason for this is due to the fact that the ICF can protect you up to the set amount.

As part of our evaluation for the Trust category, we additionally take into account other aspects linked to consistency and openness. In this section, we concentrated on the length of time that the broker has been in business, the size of the organization, and the degree to which they are transparent in terms of the information that is easily accessible.

On the broker's account comparison page, the trading costs for entering and withdrawing transactions are clearly mentioned, which led us to the conclusion that these fees are open and accessible to customers. The fact that the inactivity cost was buried in a Terms and Conditions agreement that was 49 pages long, however, drove the total score down.

Since GO Markets was established in 2006, we consider this to be indicative of a high level of stability. It is evidence of a strong dedication to running a successful business that one is able to successfully manage the myriad of market and regulatory shifts that have occurred over the previous few decades.

On the 21st of January 2022, we observed the live spread for FX, indices, and commodities at two distinct periods of the day, around 8:00 am and 2:00 pm London time. These times correspond to around 8:00 am and 2:00 PM, respectively.

These hours typically span the most liquid trading sessions of the day and ought to offer the finest spreads that are currently available.

In addition, we discovered that the overnight switch fees were lower than the standard for the industry. The overnight swap charge for EUR/USD was -3.69, which is on par with the average for the industry. On the other hand, the overnight swap fee for GBPJPY was just -0.6.

The majority of brokers will mark up this price without informing you, however GO Markets maintains a price that is in line with the norm for the industry, which is fantastic. Because overnight costs may build up if you are holding trades for a lengthy period of time, this fee is crucial for traders who hold positions for longer periods of time.

How Competitive Are the Trading Fees at GO Markets? In general, the fees charged by GO Markets are among the lowest in the industry. Although certain brokers may offer a spread on EUR/USD that is smaller than 1 pip, the majority of the time this only applies to commission-based accounts. The GO Markets spread of 1.1 pips, which is offered on accounts that do not charge trading commissions, is excellent.

When compared to other spreads available for commission-free trading accounts, the GBPJPY spread is among the best we've observed. The spread of about 3–5 pips that many brokers will provide for this instrument is one reason why the average spread of 1.65 pips for GBPJPY is so impressive.

Additionally, the fees for indexes and commodities were of a very high quality. The gap on the DAX 40 index stayed below 1 point, while the spread on the Dow Jones 30 index remained stable at roughly 1.55 points. Many brokers would quote a spread of approximately 3 points for this index, and in other circumstances it would be as high as 15 points.

The spreads for these instruments would be even lower on the GO Plus account, but the commission for each trade is €2.00 per side. This is not only much better than the industry average for commission-based trading accounts, but it is also much better than the spreads offered by competing trading accounts.

If there is no action on your trading account for a predetermined amount of time, such as the buying and selling of an instrument, deposits and withdrawals, certain brokers will charge an inactivity fee. This price can be anywhere from 0 to 100 dollars.

If your trading account is inactive for more than three months, you will be subject to an inactivity fee of fifteen euros per month, as stated in the Terms and Conditions document provided by the broker. To be considered inactive, there must be no trading, no open positions, and no deposits or withdrawals made.

It is generally agreed that the MetaTrader suite of trading platforms has the title of the most widely used trading platform in the whole globe. A significant number of brokers provide their customers with access to these platforms. You may trade on the MetaTrader 4 (MT4) platform using your personal computer, your Apple Mac, or your mobile device while using GO Markets.

The desktop platform is primarily designed with expert traders in mind, and it may take some time for novices to become accustomed to using it. The financial intermediary does provide clients access to a comprehensive library of platform instructional films. The MT4 mobile app provides the quickest and least complicated method of trading.

Both a web interface and the MetaTrader 5 platform are available to users of the Australian branch of GO Markets.

GO Markets utilizes a hybrid trading desk style. Despite the fact that they have a dealing desk, there is no dealing desk involvement, and prices are obtained from top-tier banks as well as other liquidity sources. Depending on how the risk of each trade is evaluated, the trades can either be processed via STP (straight through processing) or as principle to principal.

We put the powerful and feature-packed MetaTrader 4 desktop platform for Windows through its paces in our live testing. This platform offers a high level of customizability in addition to a large number of built-in technical indicators that are primarily designed with expert traders in mind.

The MetaTrader 4 trading platform is loaded with features and was developed specifically with institutional traders in mind. Even though there is a learning curve involved in accessing the site, novice traders will find that everything is put out in an easy to understand way and is not difficult to access.

It becomes quite clear that everything is laid out intuitively once you know where things are and how to access different charts and timeframes. However, there is a small learning curve to be able to navigate the platform seamlessly. Once you know where things are and how to access different charts and timeframes.

You can access numerous charts, technical indicators, different timeframes, and more services from the MetaTrader Marketplace such as algorithmic trading and copy trading if you take the time to learn how to use MetaTrader 4. This makes learning how to use MetaTrader 4 a worthwhile endeavor.

You may monitor numerous markets by using the desktop version of the MetaTrader 4 trading platform, which gives you the ability to examine many charts on a single screen. The Market Watch column on the left side of the page lists the various goods that are open for trading.

This list may be customized to meet your needs, and you can construct your own own watchlist. Additionally, you can add extra columns to display additional information, such as the distribution of an instrument. In addition to this, 42 other technical indicators and drawing tools for analysis are at your disposal.

Through the use of the MetaTrader 4 platform, you have access to a wide number of order types. Market orders will initiate a trade at the price that is currently prevailing in the market. You are able to place an order at a predetermined price level by using pending orders. Your order will be executed as soon as the market price reaches the level you specified in it.

When compared to the desktop platform, the MetaTrader 4 mobile app that is given by GO Markets is the method that makes it simplest and most expedient to place and handle transactions.

You are able to undertake a variety of technical analysis on the various markets using the mobile app, and you are also able to manage your trading account while you are on the road.

The MetaTrader 4 mobile app is available for direct download from the app store for mobile devices running either Android or iOS. During this round of our test, we downloaded the iOS version of the MT4 mobile app.

We discovered that the GO Markets MT4 mobile app is easy to use and has a straightforward UI, making it simple to navigate between the various areas. Quotes, Charts, Trades, and History along with Settings are the categories that can be found at the bottom of the MT4 mobile app.

You are able to examine live price quotations of the various instruments that are available to trade on when you click on the quotes page. You have the ability to establish your own watchlist of items that are of particular interest to you and examine specifics about each instrument, such as the opening and closing times of the market.

After clicking on any one of the markets displayed in the quotation window, you will be given the opportunity to either study a chart representing the instrument or immediately go to a trading ticket in order to buy or sell it. Charts for the MT4 mobile app provide you the ability to see many periods and do technical analysis even while you're on the go.

The trade ticket has a user-friendly interface and an organized layout. You have the option of buying or selling a market at the current price, or you may make an order for a price in the future. There will also be a confirmation notice that will ask you to confirm whether you want to arrange a trade or not. This is wonderful for safety in the event that you want to modify the parameters for your transaction.

Although there is a learning curve involved in using the mobile app, it is far easier to use than the platform that is available on desktop computers. The majority of individuals will have no trouble navigating the smartphone app right away, and it is an excellent starting point for traders who are just getting started.

You are only able to examine a single chart at a time while using the MT4 mobile app; however, you do have access to three distinct chart types, nine different timeframes, thirty different technical indicators, and thirty different drawing tools for performing technical analysis.

The charts are straightforward to explore, making it simple to do technical analysis on them. From the charts, you can examine all of the markets that are open for trading, and there is also a link that allows you to make a trade immediately from the chart window.

GO Markets offers customer service through a variety of mediums, including email, live chat, telephone, and an online contact form on their website. Help for customers is available 24 hours a day, five days a week, and in several languages; nevertheless, we were only able to get support in the English language.

You are able to make deposits in Euros, US Dollars, or Polish Zloty. If you are depositing from another currency, you will be subject to a currency conversion charge, the amount of which will be determined by the firm from whom you are depositing, not by GO Markets.

In general, the client portal section makes it incredibly simple to both deposit and withdraw cash from an account. The immediate crediting of funds occurs when deposits are made using credit or debit cards, Skrill, Neteller, or DotPay; however, bank transfers might take anywhere from one to three business days.

You won't be charged any fees when you take money out of your GO Markets account. However, there is a possibility of incurring costs when withdrawing modest sums from financial institutions located outside of Australia.

Withdrawals can only be processed back to the same source of funds that was used to initiate the withdrawal. The total amount of money that can be loaded onto a credit or debit card is the same amount that may be withdrawn in the maximum allowed amount.

GO Markets provides its customers with two distinct types of trading accounts, which are referred to as the Standard Account and the GO Plus+ Account. These accounts are appropriate for both novice and experienced traders.

The Standard Account is a trading account that does not charge any commissions and has spreads that start from 1 pip, whereas the GO Plus+ Account is an account that does charge commissions and has spreads that start from 0 pips.

For the purpose of our test, we registered for a Standard Account with GO Markets, which is licensed by CySEC.





The trading you do will be affected in almost every way by the account you choose to create. Various accounts will often come with a variety of fees, tradable instruments, and platforms; therefore, it is essential to select the one that is most suitable for your individual requirements.

The fact that the Standard Account does not charge any commissions while the GO Plus+ Account does charge commissions is one of the most important distinctions between the two accounts. The latter has a greater required initial deposit as well.

Access to additional trading tools, such as third-party analytics from Trading Central, and access to a free virtual private server (VPS) are included with both accounts, provided that a minimum monthly transaction volume of one million dollars has been achieved on any of the accounts.

The GO Markets business that is licensed by the Financial Services Commission of Mauritius provides the same accounts, but customers have access to larger CFD leverage at 500:1, and they are able to fund their accounts using a wider variety of base currencies.

You have the option of opening a risk-free sample trading account with GO Markets. Why should we care about this? You may test out your trading strategies and become more familiar with the trading platform by using a trial account. There is no danger involved with using a demo account because you are trading in a simulated setting.

It is a wonderful opportunity to test out all of the tools that the broker makes accessible to you and to become familiar with the trading platform as well as the various marketplaces that are open for trading. When you reach the point where you are confident using a GO Markets demo account, transitioning to a live account where you trade with real money is simple and straightforward.

When trading CFDs, leverage gives you the ability to start a large position with a lower initial payment. For the sake of illustration, a trading leverage of 30:1 indicates that you may have exposure equal to $30,000 with only a $1,000 investment. If you have a trading leverage of 1:500, that indicates that you might have an exposure of $500,000 with just an investment of $1,000.

However, leverage may work both for and against you. It has the potential to magnify both your profitable and unprofitable bets. Regulators like as CySEC, ASIC, and the FCA have reduced the amount of leverage that retail brokers are allowed to provide customers in order to make the market more beginner-friendly.

Retail traders can access a maximum leverage of 1:30 if they trade with GO Markets, which is licensed by CySEC. Retail traders are not eligible for higher leverages. Professional traders will get access to larger leverage, but they will also lose several safeguards afforded to regular traders.

Additionally, a maximum leverage of 1:30 is permitted for retail customers that have an ASIC. Users who register an account with an organization that is regulated by the FSC of Mauritius can, on the other hand, have access to a leverage of up to 1:500.

The procedure that we followed to open a Standard Account is as follows, step by step:

In the first step of the application process, you will need to begin by filling out the application form with some basic information such as your name and password.
Provide your contact information, including your email address and street address, when appropriate.
Give specific information about your prior trading experience and your trading knowledge.
In the fourth step, you will be asked to provide information on your employment, income, savings, and other aspects of your financial situation.
In the fifth step, you will describe your investing goals and the reason you are trading.
After carefully reading the Terms and Conditions, proceed to Step 6 and sign a declaration form.
Confirm that you are who you say you are.

A normal method for regulated brokers is to check your identification before doing business with you. We found this procedure to be simple because all that is required of you is to submit a photocopy of a valid form of identification (such as a passport or driver's license) and a utility bill showing your current address (utility bill or bank statement).

Through the GO Markets client portal section, you have the ability to submit your documents, gain access to your trading accounts, download trading platforms, and utilize extra functions. This individualized section is fantastic for managing all of your business transactions and activities.

There is a page for daily news, another one for weekly summaries, and still another tab for articles on the websites of all of the GO Markets businesses. None of them, however, have been updated on a consistent basis.

Access to research conducted by third parties, namely Trading Central, is provided by the broker. This gives you access to a daily market prediction in a number of different languages. The client portal has a section dedicated to this, where it may be accessible.

Access to a Signals page is made available by the broker. This page offers trading signals for a variety of markets, including indices, commodities, shares, and currencies, and for a variety of periods.

However, due to the usage of complex technical indicators and the absence of entry and exit levels, this is not intended for traders with little to no experience.

If you decide to subscribe to the Trading Central service, you will be provided with a Daily Market Report. This report will give you with a market wrap for currency, indices, and commodities, in addition to some prospective trading suggestions.

Because this research is supplied by a third party, it is not original, and as a result, any broker who uses the same service will give the exact same research to their customers. This is something that should be kept in mind. Having an in-house research group does bring a more unique perspective.

Traders in forex and CFDs can participate in a group coaching program called The Inner Circle weekly webinars. This program offers continuing education and market reviews. It is a free weekly event that takes place every Wednesday at 8.30 pm Australian Eastern Standard Time. You may also get additional help from a Facebook group as well as a library of older versions of the software.

The collection of educational offerings provided by GO Markets is primarily geared toward newcomers to the financial markets and includes courses such as First Steps in Forex and Next Steps in Forex.

The training is delivered in video form and comes with access to your very own sample account, as well as a dedicated account manager and regular group coaching webinars. For example, the First Steps course is broken up into three different learning modules and features 23 different videos.

The fact that we did not get an email or any other kind of contact regarding the further stages after enrolling for the First Steps in Forex course was a frustrating and unsatisfactory experience.

GO Markets is a possible option for you to consider if you want to trade with a broker that gives you access to cheap trading costs in comparison to other companies in the market.

Although there is a limited selection of markets, customer support is poor, and the research is out of date, we discovered that the spreads on the commission-free trading account were significantly better than the average in the industry.

Traders who are just starting out would benefit greatly from opening a commission-free trading account and having access to an Account Manager. There are video lessons available for the MetaTrader 4 trading platform, despite the fact that it was developed with experienced traders in mind.

It is unfortunate that there is not yet a platform for trading on the web. However, the mobile trading app is not only easy to use but also the fastest way to trade. The desktop platform will take some time to become familiar with.

Traders with more experience will appreciate the functionality of the desktop trading interface as well as the variety of account options that provide a combination of commission-free and commission-based trading.

The overall service that GO Markets gives is above average, and the major reason for this is the trading fees that it charges. GO Markets (CySEC and ASIC regulated firms) is worth taking into consideration if you are able to overlook the fact that the research on their website is out of date and that their customer assistance is sluggish.

GO Markets Licenses:

GO Markets Pty Ltd is approved by the Australian Securities and Investments Commission (ASIC), and its registration number is 254963. Their ABN is 85 081 864 039.
Registration number 322/17 issued by the Cyprus Securities and Exchange Commission in favor of Go Markets Ltd.

GO Markets is a brokerage firm that was established in 2006 and operates under a license issued by the Australian Securities and Investments Commission (ASIC). The company is driven by compliance, competitive spreads, and technological advancements.

Where are the GO Markets headquarters located? The brokers, with their major offices located in Australia and Cyprus, provide traders with a valuable trading environment that is connected to cutting-edge technology. This environment enables traders to create trading strategies and enhance trading outcomes.

In general, GO Markets guarantees, in conjunction with the continual assistance and challenges it provides, that there will be significant chances accessible for trading by traders of any size. Now that we have GO Markets under examination, let's look more closely at what it is that makes its proposal so profitable and beneficial.

GO Markets is one of the largest and most reputable brokers, and they are regulated and licensed to the highest possible standards. GO Markets offers excellent trading conditions, including a choice of platform, copy trading, social trading, or auto capabilities. There is an exceptional support system, learning platform, and research instrument set.

The criteria are unique to each organization, and the instruments are almost always CFDs. This is one of the disadvantages.

Is it safe to use GO Markets, or is it a scam? No, GO Markets is not a fraudulent company; it holds a top-tier Australian Financial Services Licence, also known as ASIC across the world. This license allows the company to legally provide financial services. In addition, there is an extra European entity that works on a license issued by CySEC; as a result, the proposals that this entity makes may differ depending on the rules.

Is GO Markets legit? In conclusion, this indicates that all tools and suitable set-ups are offering a safe trading environment, in accordance with the standards imposed by regulatory agencies and the various audit regulations. As a supplier of over-the-counter (OTC) derivatives, GO Markets is obligated to comply with the disclosure norms established by the corporation ASIC, while at the same time ensuring that investors comprehend both the risks and the possible rewards.

In general, risk management is maintained through a variety of techniques, some of which include considerations of hedging counterparties and the segregation of customers' money at the National Australian Bank (NAB). Other practices include margin calls and fair usage standards. Similarly, European entities are subject to the regulatory requirements and duties of ESMA in regard to the safety of their customers.

Additionally, as a fully authorized supplier of financial trading services, GO Markets adheres to stringent protection of the clients' funds through segregation, as well as fair conditions that are continually reviewed and supervised.

The possibility of increasing your earnings in a timely manner through the use of leverage is another advantageous aspect of trading forex, which may be utilized. However, in order to limit risks in both ways, it is vital to understand how to make intelligent use of leverage. This is because risks may work in either direction.

GO Markets, although being regulated by ASIC as a forex broker in Australia, continues to permit leverage levels of up to 1:30 for foreign exchange products. According to the legislation, the maximum leverage that may be offered to European clients of GO Markets is 1:30.

The broker provides two different account types—the Standard Account and the GO Plus Account—with the ability to control trading styles and select the one that is the most suitable. Therefore, there is a choice to be made between the Standard trading proposition, which is based on spread costs, and access to a genuine ECN environment through GO Plus+, which has been particularly built using light-speed technology.

In addition, the account may be established in a number of different currencies, including Australian Dollars (AUD), United Kingdom Pounds (GBP), Euros (EUR), New Zealand Dollars (NZD), and Singapore Dollars (SGD).

The pricing at GO Markets is predominately constructed into spreads, and the Standard account does not specify any fee bases. This brings spread only basis starting at 1.1 pips choice, and it is the ideal fit for beginning trading with the fewest possible hassles.

In addition, the GO Plus Account is already an option for experienced traders or those whose trading plan necessitates it because it has spreads that begin at 0.0 pips and trading charges that are included into the commission at a rate of 3.00 dollars for each side.

To get started, you have the option of opening a Demo account, which will simply need the creation of a login page with your email address and password. In the future, if you make the decision to go Live, you should carry out the following actions.

Enter all of the details, such as your name, email address, and phone number, etc.
You may choose the kind of account as well as the base currency.
Describe your prior experience with trading as well as your goals moving forward.
Please upload identification, a proof of address, etc (due to regulatory requirements)
Submit
After your account has been validated, the next step is to make a deposit.

As was previously said, GO Markets spreads are customized based on the account that is being used. Traders with a Standard account will receive a little larger spread, while Plus traders enjoy interbank rates but must pay a fee for each trade. For example, below you can find a comparison of the Standard spread offering, and you can also see how our costs stack up to those of another prominent broker.

Always remember to include in the overnight charge, which is often referred to as the rollover rate or interest, as a cost associated with keeping open positions overnight.

The provision of products based on a variety of more than 350 assets through Contracts for Difference (CFDs) in the Forex, Index, and Commodity markets as well as Cryptocurrency markets. Although every instrument has its own set of requirements and market circumstances, we like the variety that is offered since it enables us to diversify our holdings and participate in fiercely competitive markets.

The live trading account allows for deposits to be made in a variety of hassle-free methods, and there will be no additional processing costs applied to the transactions. GO Markets does not charge any internal fees for withdrawals; however, withdrawals of funds to financial institutions located outside of Australia may be subject to certain fees; these fees are your responsibility, so make sure to check into them as well. GO Markets does not charge any fees for deposits.

Payment can be made using a credit or debit card, bank-to-bank transfers conducted by Australian financial institutions, BPAY payments, or electronic payment methods such as Skrill, Neteller, or POLi.

As a starting point, the minimum deposit amount required to create a Standard account with GO Markets is 200 dollars. This allows you to enjoy all of the live trading services available to you.

The Withdrawal option on GO Markets makes use of the same methods as are used for money deposits, such as Bank Transfers, Cards, and e-wallets; however, you should verify with customer service what method is applicable for you according to the policies or laws that are applied in your own country of residence.

MT4 is widely recognized as the industry standard for foreign exchange trading, and as a result, GO Markets decided to make it their primary trading platform. Despite the fact that MT4 can differ from one company to the next due to the fact that brokers can add a variety of extensions to enhance the trading platform's capabilities, GO Markets chose MT4 as their primary trading platform.

When we had a look at the GO Markets platform, we discovered its extensive and advanced edition, which supported and integrated a number of different version options. As a result, you will discover a Web Trading platform that, although maybe having less features and capabilities, is very convenient because it does not need to be installed on the user's device and can thus be used with any device.

Because it is the most popular trading platform, MT4 comes in versions that are compatible with both Mac and PC computers. These versions are an absolute must for experienced or active traders. You may take use of all of GO Markets' desktop platform's features, including its extensive customization options and comprehensive set of advanced trading tools, such as MT4 Genesis, including complete capabilities and remarkable personalization. As a result of the fact that it makes it easier to travel across worldwide markets and is also computable with automatic trading made possible by Expert Advisors and a large number of built-in indicators.

Therefore, in addition to being an outstanding trading platform for traders of all experience levels, the charting software that comes packaged with MT4, known as MetaTrader 4, is of an exceptionally high caliber. In addition to the three different kinds of charts and presentation possibilities, the design itself is neat and easy on the eyes.

Moreover, GO Markets has expanded their offering by include MetaTrader5, which is a more recent and refined version of the well-liked MT4 platform. This is how they have expanded their service. Therefore, if you like this program, go ahead and use it. Additionally, a copy and social trading alternatives are available to you through myFXbook, which is a world-leading network with over 90,000 people who allow traders to copy trading pros or be copied by them for mutual gain.

It goes without saying that every platform has a mobile trading app; thus, you may trade using mobile devices, which grants you complete independence. Go Markets' mobile platform and its seamless versions are included in both the MT4 and MT5 platforms, and they are all connected to a single account.

In conclusion, there are specialized instruments available, such as VPS service, which you may rely on as an alternative. Because it grants access to high-tech trading and allows traders to remotely and continuously run expert advisors and algorithmic trading strategies. If the current live account maintains a minimum balance of 3,000 dollars, the usage of the VPS is free of charge; otherwise, a service fee in the amount of 30 dollars will be charged each month.

In addition to the wonderful Awards that it has achieved in other categories, GO Markets' Customer Service was once again voted as the best. Successful broker understood the importance of providing high-quality service, but he or she also understood that not everyone can achieve such success.

However, GO Markets is ahead of the competition in this regard as well, so you can depend on receiving timely and pertinent responses from the company's Customer Support team. The Broker's crew is available around the clock and supports a variety of foreign languages. They may be reached by Live Chat, email, and dedicated phone lines in the United Kingdom, Australia, and other countries.

Because inexperienced traders almost always face significant obstacles when looking into potential trading chances, GO Markets makes available the instructional materials and research tools that are required to conduct trading operations without any hitches. Eventually, the instructional programs offered by GO Markets and its GO Markets Academy will become resources that have won multiple awards, are recognized by traders of all levels, and are available for free use.

Therefore, the GO Markets Academy and Education Centre is where you can discover Forex trading learning courses, Video Tutorials, as well as Tutorials, and regularly scheduled Seminars and Webinars in a number of different languages. In addition, newbies may put their strategies to the test or get a feel for the environment of the go markets with the free usage of a demo account that has no restrictions.

As for the Research tools, in addition to the very comprehensive research that is already built into the Metatrader 4 platform, Go Markets also collaborates with the providers of Autochartist and Trading Central so that you can take advantage of their free trading signals and ideas for your own benefit. In addition, there are hundreds of MetaTrader4 & 5 Add-ons that are still available at your suite. These Add-ons are defined by the instrument and the criteria that have been provided. Here, you can also utilize the excellent tool MT4 Genesis.

The GO Markets review, taken as a whole, reveals a direct trading procedure broker with multiple perks and, in fact, a massive number of fantastic rewards earned either from industry publications or from traders all around the world. One of the primary draws is a comprehensive range of trading instruments, which even includes Binary options and recent trends with a bunch of Cryptocurrencies. Furthermore, all trading instruments are traded with competitive pricing according to each of the account types that are offered, and these account types begin at 0.0 pips.

Sites like GO Markets in the UAE

Here is a list of quality Forex, CFD, Stock and Crypto Brokers for new and professional traders living in the UAE:

 

 

Reviewed by Arpita Singh

Arpita SinghArpita Singh is the main writer at ForexBroker.ae. As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.