GOMarkets Review


GOMarkets is a well-established broker since 2008. GOMarkets has headquarters in Australia and Netherlands. They are generally well-suited for GOMarkets to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by ASIC ACN081864039 and DMCC (Dubai) 18.07.2020. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
www.gomarkets.com

Established
2008

Country
Australia and Netherlands

Regulation
ASIC ACN081864039
DMCC (Dubai) 18.07.2020

Features

Free education

Segregated accounts

Affiliate program

Vps

Account Information

This broker offers GO Plus+ and Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by GOMarkets is up to 1:500. Meanwhile, you can open an account with a starting capital of $200

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$200

Maximum Leverage

1:500

Spread

Variable

Commission

$3


Minimum Deposit $500

Minimum Position 0.001 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, GOMarkets also offers some instruments you would like to trade on, such as Forex, Gold & silver and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:500

Gold & silver
1:500

Cryptocurrencies
1:5


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, GOMarkets also offers some instruments you would like to trade on, such as Forex, Gold & silver and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:500

Gold & silver
1:500

Cryptocurrencies
1:5

Payment Methods

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

GOMarkets also provides payment with BPAY and Credit/debit cards

Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, GOMarkets offers you MetaTrader 4 (Limited with 30 days) and MetaTrader 5 (Limited with 30 days).

Customer Support

Do you have any question or find any trouble related to GOMarkets? If you do, you should reach GOMarkets's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Chinese
English

Office
Support

Email
Support

Call
Support

Chat
Support

Extensive Review

Go Markets is a broker established in Australia since 2006. Go Markets has also been licensed by the Australia Securities and Investment Commission (ASIC), identified by its AFSL 254963. Go Markets has some partnerships with various specialists in global securities and derivatives, thus it can provide better service to their customers by bringing this expertise on board. Go Markets is well known for having some branches in the UK, Taiwan, and Hongkong.

Go Markets commits to give the best to their clients, by refining their technology and improving their service and clients education. Furthermore, Go Markets is also willing to continuously provide the best trading experience to the clients through reliable customer service, transparent pricing, low-latency trade execution, and platform stability.

When it comes to trading, the right CFD trading platform is needed to carry out your trades perfectly. GO Markets offers both the powerful MetaTrader 4 and MetaTrader 5 as a desktop and mobile trading platform options for traders. Since Go Markets has been acknowledged as the first MT4 broker in Australia, they do some improvement by adding MT5 and a web-based trading platform to fulfill their clients' needs for suitable platforms.

MT4 for mobile allows new and seasoned traders to trade anywhere and at anytime, analyze markets, and easily access all Expert Advisors. The main difference between MetaTrader 4 and MetaTrader 5 and their associated mobile trading platforms is that MT4 is predominantly a Forex trading platform, while MT5 is a multi-asset CFD trading platform. Moreover, the internationally trusted Go Markets Metatrader 4 Platform has these advantages among many others:

  • No dealing desk involvement
  • Spreads from 0.5 pips
  • Leverage up to 500:1
  • No hedge restrictions

If you want to have a trade on GO Markets, they have provided some of the most advanced and powerful trading tools in a range of markets when it comes to online CFDs Trading. For traders who just start, honing skills in GO Markets' demo account can familiarize themselves with the broker's trading platforms and tools.

While for those who want to start real trading, GO Markets allow for flexible trading on a range of Forex and CFDs including Shares, Commodities, Indices, and Cryptocurrencies through MetaTrader 4 and MetaTrader 5 platforms.

Go Markets is very pleased to announce that they will be soon using Currenex technology, a born of Currenex interbank liquidity, to provide more liquidity to their clients.

GO Markets ease their clients' money transfer through Client Portal. They can open accounts and deposit funds in 9 currencies (USD, GBP, EUR, NZD, SGD, CHF, CAD, HKD, AUD). Whereas, deposit and withdrawal can be done either by bank transfer or e-payment (FasaPay, Neteller, and Skrill). Clients do not need to worry about deposit and withdrawal fees, because GO Markets does not charge any internal deposit fees using Visa/Mastercard, Skrill, Neteller, and Bank Transfer.

Last but not least, Go Markets also guarantees the clients' funds by protecting their privacy and financial information with maximum care. Go Markets employs leading security software and systems, and have strict procedures in place to protect clients' information.

If you want to start with a little cash and low risk, Go Markets offers L-Plate accounts where clients can start trading with a few dollars and the ability to trade from one cent per pip only. There is a $500 deposit maximum in these accounts and Expert Advisors use is allowed.


Give Your Review and Rate This Broker



0 Review