Key Takeaways

  • Competitive pricing, low spreads and commissions.
  • Regulated in Australia, the EU, Mauritius and Seychelles.
  • Maximum leverage ratios of up to 500:1 (subject to jurisdiction).
  • Fast and free account deposits/withdrawals.


We start our GO Markets review with a brief analysis of the overall ratings for this Australian-headquartered CFDs broker, given by our in-house experts in 4 categories:

GO Markets Overall rating

4.6
Ranked 27 out of 1760 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Real customer rating 3
Popularity
4.0
3
Regulation
5.0
2
Pricing rating
4.2
1
Features
Not rated
1
Customer Support
Not rated
1

GO Markets pricing: the broker currently scores 4.2 out of 5 for its competitive cost of trading. The Standard account spreads start at 1.0 pip, with no trading commissions. The GO Plus+ account spreads, for most major FX pairs, start at 0.0 pip with a below-average trading commission of $5 per round lot traded.

GO Markets regulations: scoring an excellent 5 out of 5, GO Markets is considered a safe broker. Contributing to this score it’s the two GO Markets’ entities, regulated by top-tier financial authorities (AU ASIC and CY CySEC). The broker has also entities regulated by tier-4 financial authorities (Seychelles FSA and Mauritius FSC), catering for traders looking for higher leverage limits.

GO Markets' popularity: established in 2006, GO Markets enjoys good popularity within the trading community and currently scores 3.9 out of 5. One of the key factors for its popularity is its GO Plus+ account pricing (low spreads and low commissions), merged with a great ECN trading model, with fast executions.

GO Markets user rating: the broker receives a neutral score, as, currently, we don’t have any user reviews and feedback from verified traders holding a real trading account with GO Markets.

GO Markets Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
GO Markets Pty Limited 30 : 1
GO Markets Ltd up to €20,000 30 : 1
GO Markets Pty Ltd (MU) 500 : 1
GO Markets International Ltd 500 : 1
GO Markets LLC
Saint Vincent and the Grenadines
500 : 1

GO Markets Australia’s ASIC regulation: GO Markets Pty Limited is a company registered in Australia, with ABN 85 081 864 039, and regulated by Australia’s ASIC with ACN number 081 864 039 and AFSL licence number 254963.

GO Markets Cyprus CySEC regulation: GO Markets Ltd is a company registered in Cyprus, with CIF number 351644, and is authorised and regulated by Cyprus Securities and Exchange Commission (CySEC) with licence number 322/17.

GO Markets Mauritius FSC regulation: GO Markets Pty Ltd (MU) is incorporated in Mauritius with company number 170969, and authorised and regulated by the Mauritius Financial Services Commission (FSC), as an investment broker (Discount Broker), with licence number GB ​​19024896).

GO Markets Seychelles FSA regulation: GO Markets International Ltd is incorporated in the Republic of Seychelles, with registration number 8425985-1 and is licensed and regulated by the Seychelles Financial Services Authority (FSA) with a Securities Dealer Licence, number SD043.

GO Markets Saint Vincent and the Grenadines incorporation: GO Markets LLC is incorporated in Saint Vincent and the Grenadines under the Business Companies (Amendment and Consolidation) Act, Chapter 149 of the revised laws of Saint Vincent and the Grenadines 2009, with business company number 332 LLC 2020. GO Markets LLC has permission to use the ‘GO Markets’ trademarks by GO IP Pty Ltd, a company incorporated in Victoria, Australia.

Client Money Protection

GO Markets complies with the highest safety standards regarding clients' funds, by offering segregated accounts with any of its regulated entities. GO Markets client’s funds are kept fully segregated from the company's funds, in top-tier international banks.

Regulatory Deposit Insurance

The European entity, GO Markets Ltd, is a member of the Investor Compensation Fund (ICF), an investor compensation fund for clients of CIF companies. The ICF functions are regulated by the directive DI87-07 of the CySEC, and, in the unlikely event that GO Markets Ltd has been declared to be in default, clients might be entitled to compensation up to the value of €20,000 per claim.

Negative Balance Protection

Respecting ESMA and ASIC's product interventions, clients of the GO Markets Ltd and GO Markets Pty Limited entities are protected by a default Negative Balance Protection mechanism. With NBP, in place to prevent a negative account balance, retail traders are protected from any losses bigger than their original investments, in cases of extreme market volatility.

Clients of the GO Markets Pty Ltd (MU) and GO Markets International Ltd entities are not protected by an NBP mechanism. Without this mechanism, retail traders will remain liable for repaying negative balances which cannot be covered by the closing out of losing trading positions.

GO Markets Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Standard GO Plus+ Standard SVG* GO Pro SVG*
Forex0.25 Pips15% Of Commissions Paid0.35 Pips$1.00 Per Lot
Oil / Energies0.15 Pips0.15 Pips-
Metals0.25 Pips15% Of Commissions Paid0.35 Pips$1.00 Per Lot
Indices0.075 Pips0.075 Pips-
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Standard
Forex 0.25 Pips
Oil / Energies 0.15 Pips
Metals 0.25 Pips
Indices 0.075 Pips
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  GO Plus+
Forex 15% Of Commissions Paid
Oil / Energies 0.15 Pips
Metals 15% Of Commissions Paid
Indices 0.075 Pips
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Standard SVG*
Forex 0.35 Pips
Metals 0.35 Pips
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  GO Pro SVG*
Forex $1.00 Per Lot
Metals $1.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

*SVG account types are available only for clients registered under GO Markets Saint Vincent and Grenadines entity.

Rebates are not paid for:
  • Residents of Mainland China

What are GO Markets rebates?

GO Markets rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do GO Markets rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much GO Markets rebates can I earn?

Use our forex rebate calculator to estimate your GO Markets rebate earnings:

You must enter a valid number

Are GO Markets rebates a scam; do my spreads increase?

GO Markets rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for GO Markets rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

GO Markets Web traffic

Websites
gomarkets.com
gomarkets.eu
int.gomarkets.com
gomarkets.com/au
Organic monthly visits 94,967 (97%)
Organic traffic rank 146 out of 1760 (Forex Brokers)
Paid monthly visits 2,652 (3%)
Total monthly visits 97,619
Bounce rate 55%
Pages per visit 2.05225444008898
Average visit duration 00:01:58.8210000

GO Markets Profile

Company Name GO Markets
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2006
Headquarters Australia
Office Locations United Arab Emirates, Cyprus, Mauritius, Taiwan, United Kingdom
Account Currency AUD, CAD, CHF, EUR, GBP, SGD, USD, HKD, AED
Support Languages Arabic, Chinese, English, German, Indonesian, Malay, Portuguese, Russian, Thai, Ukrainian, Vietnamese, Cantonese
Funding Methods Bank Wire, Credit/Debit Card, FasaPay, Neteller, Skrill, Tether (USDT), Equals Money
Financial Instruments Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
Established in 2006, GO Markets is a brand widely recognised for being Australia’s first broker to give retail traders access to the MT4 platform.

The broker is constantly researching and developing products and technologies intending to improve clients’ trading experience. Through committed customer service, transparent pricing, low-latency execution and platform stability, GO Markets aims to become the first choice for CFD trading, for every level of trader.

Since its creation, GO Markets has managed to gain an industry-leading position as a trusted and regulated broker, offering the best possible online trading experience. Trading with GO Markets can be done through the MetaTrader4 and MetaTrader5, on a variety of popular financial instruments.

GO Markets Asset classes

GO Markets proposes an excellent range of over 600 CFDs (subject to contracting entity), providing traders with reliable access to multi-asset trading. Both GO Markets’ trading platforms (MT4/MT5) are available for desktop computers, as a stand-alone Web Trader and for mobile devices.

Currencies: 50+ pairs, including Minor and Exotic crosses.

Cryptocurrencies: Currently, cryptocurrency trading is not available with GO Markets.

Commodities: 6 commodities CFDs, divided into 2 metals (XAU and XAG), 2 energies (UK Oil and US Oil) and 2 futures contracts (also UK Oil and US Oil).

Indices: 14 indices CFDs of global stock exchanges, including the FTSE 100, CAC 40, US 500 and ASX 200, plus, 2 additional indices futures contracts: US Dollar and China 50.

Stocks: 350+ shares CFDs from Australia’s, USA and Hong-Kong stock exchanges, of worldwide top companies and banks including Westpac Ltd, Uber, Twitter, Alibaba and Tencent.

GO Markets Account types

  Standard GO Plus+ Standard SVG* GO Pro SVG*
Commission-USD $2.50 Per Side Per Lot-$7.00 Per Lot
Maximum leverage500:1
Mobile PlatformMT4 Mobile, MT5 Mobile
Trading PlatformMT4, MT5, WebTraderMT4, MT5
Spread TypeVariable Spread
Minimum Deposit200300
Minimum Trade Size0.01
Trailing Stops-
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard
Maximum leverage 500:1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  GO Plus+
Commission USD $2.50 Per Side Per Lot
Maximum leverage 500:1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard SVG*
Maximum leverage 500:1
Trading platform MT4MT5
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Scalping Allowed
Hedging Allowed
Islamic Accounts
  GO Pro SVG*
Commission $7.00 Per Lot
Maximum leverage 500:1
Trading platform MT4MT5
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 300
Minimum Trade Size 0.01
Scalping Allowed
Hedging Allowed
Islamic Accounts

GO Markets simplifies its account offering with only two trading accounts: Standard and GO Plus+, both with variable spreads and a low minimum deposit. The Standard account is commission-free and could represent the ideal solution for traders looking to trade only with the bid/ask prices.

The GO Plus+ account is designed for traders looking for more competitive pricing, with starting spreads of 0.0 pip and a low commission of just $5 commission per round lot. Within the GO Markets range of accounts traders can also find:

Swap-free accounts for traders of Islamic belief are not supported by GO Markets.

Social trading, including copy trading, is currently unavailable with GO Markets.

MAM accounts (Multi-Account Manager) are available for money managers. Please contact the GO Markets broker for T&Cs.

GO Markets leverage ratios are up to 500:1 for accounts opened with Mauritius and Seychelles regulated entities. For accounts opened with Australia’s and Cyprus regulated entities is 30:1.

GO Markets Demo account

GO Markets demo account gives users the chance to test the broker's pricing and execution on several asset classes, without risking any real money.

The demo account is non-expiring

Virtual funds: up to $50,000

Max leverage: up to 500:1

Asset classes (subject to chosen platform): forex, indices, stocks, commodities

Register for free and test your trading strategies, open a GO Markets demo trading account with no risk and no obligation now.

GO Markets Pricing

Account/Pricing Standard GO Plus+
EUR/USD Spread from 1.0 pip from 0.0 pip
EUR/USD 1 lot commission $0 $5
EUR/USD 1 lot swap rate (22-06-2022)
  • Long: -0.578
  • Short: +0.275

Spreads and trading commissions

For our GO Markets price comparison table, we use the pricing for the popular EUR/USD pair as the benchmark. The reason is simple, every broker wants to be competitive on the most traded FX pair.


GO Markets Standard account spread starts at 1.0 pip, trading is commission-free and can be opened with a minimum deposit of $200. The Standard account is offered with both the MT4 and MT5 and with leverage up to 500:1 – subject to the contracting entity.

The GO Plus+ account spread starts at 0.0 pip, and following an ECN pricing mode, there’s a trading commission of $2.5 per lot, per side ($5 per round lot). The GO Plus+ account is also offered with both the MT4 and MT5 and with leverage up to 500:1 – also, subject to the contracting entity.

Rollover rates

GO Markets swap rates, as of 21-06-2022, for 1 lot EUR/USD (100,000 units) are -0.578 points for holding a long 1 lot position overnight and +0.275 points for holding a short 1 lot position.

GO Markets charges a 3-day swap rate on Wednesdays, at midnight server time.

GO Markets Deposits / Withdrawals

GO Markets proposes two distinct trading accounts, with a highlight for the GO Plus+ account (in our opinion) and in several base currencies. The broker also provides multiple funding methods, including the most popular e-wallets:

Account currencies: AUD, USD, GBP, EUR, AED, SGD, CAD, CHF and HKD.

Standard and GO Plus+ accounts minimum deposit: 200 USD.

Funding methods: Bank Wire, Credit Cards, Neteller, Skrill (Moneybookers), Fasapay.

Deposit fees: GO Markets does not charge fees for deposits. However, payments to and from international banking institutions may attract intermediary transfer fees and/or conversion fees from either party which are independent of GO Markets. Any such fees will be the responsibility of the client.

Deposit processing times: from instant to 10 minutes (bank wires up to 3 working days).

Withdrawal fees: GO Markets do not charge any internal fees for withdrawals. However, withdrawals to international banking institutions may be subject to bank fees from any intermediary bank involved in the transaction and may attract a receiving fee from your bank/institution.

Withdrawal processing times: variable, from same-day to 1 business day.

Inactivity fee: GO Markets does not charge an inactivity fee or any account maintenance fees.

For more information, please visit the GO Markets deposit and withdrawals web page, or log in to your GO Markets Client Portal.

GO Markets Popularity

We base our popularity ranking on the Web Traffic metrics and analyse the organic monthly traffic received by GO Markets, including the average visit time. GO Markets's popularity is currently rising in the retail trading community, also because of its many features:

Client safety mechanisms: segregated client money, negative balance protection and regulatory deposit insurance – subject to jurisdiction.

Competitive pricing: spreads from 0.0 pip on the GO Plus+, below-average trading commissions of $5 per traded lot, no fees on deposits/withdrawals.

Execution model: STP/ECN.

Trading education: Autochartist, Trading Central, podcasts, market news, market analysis, trading tools, calculators, and trading signals (in partnership with a-Quant).

Customer support languages: Arabic, Armenian, Belarusian, Cantonese, English, German, Hebrew/Yiddish, Indonesian, Malay, Portuguese, Russian, Ukrainian, Thai and Vietnamese.

Overall, the curated range of financial assets available for trading, the competitive pricing of the GO Plus+ account, the strong retail client protection mechanisms (subject to jurisdiction), merged with the attractive zero-fees for deposits and withdrawals, position GO Markets on the top 10 brokers with traders opening a trading account in 2023.

GO Markets Promotions


GO Markets FAQs

Is GO Markets a regulated retail forex broker?

Yes, GO Markets is a regulated forex broker. The broker is regulated in Australia by ASIC, in Europe by Cyprus CYSEC, and also by Mauritius FSC and Seychelles FSA.

What is GO Markets' minimum deposit?

GO Markets' minimum deposit for the Standard and GO Plus+ accounts is 200 USD.

What is GO Markets' maximum forex leverage?

GO Markets' maximum forex leverage ratio is 500:1 for accounts opened with the entities regulated by Mauritius FSC and Seychelles FSA. For accounts opened with the entities regulated by Australia’s ASIC and Cyprus CySEC is 30:1.

Can I earn rebates with GO Markets?

Yes, traders can earn rebates from trading with GO Markets. Please check the cashback rebates section.

Which funding methods are accepted by GO Markets?

GO Markets accepts account deposits with bank wire, credit & debit cards, Fasapay, Neteller and Skrill.

Which account currencies are available with GO Markets?

Traders can open a trading account in AED, AUD, CAD, CHF, EUR, GBP, HKD, SGD and USD. Please note that account currency availability is subject to the contracting entity.

Which trading platforms are available with GO Markets?

Investors can trade the markets via GO Markets MT4 and MT5.

Does GO Markets offer Cent accounts?

No, GO Markets does not have Cent accounts.

Does GO Markets have negative balance protection?

Yes, GO Markets offers a default NBP mechanism for retail traders opening an account with the ASIC and CySEC regulated entities. For traders opening an account with the entities regulated by Mauritius FSC and Seychelles FSA, there isn’t an NBP mechanism.

Does GO Markets have regulatory deposit insurance?

Yes, GO Markets offers regulatory deposit insurance covering retail traders opening a trading account with the Cyprus CySEC regulated entity.

Does GO Markets have swap-free accounts for traders of Islamic belief?

No, currently GO Markets does not offer swap-free accounts for traders of the Islamic religion.

Does GO Markets accept applications from residents in Japan?

Yes, GO Markets accepts applications from residents in Japan.

Does GO Markets accept applications from residents in Canada?

No, GO Markets does not accept applications from residents in Canada.

Does GO Markets allow scalping trading?

Yes, GO Markets allows scalping trading.

What is the GO Markets' execution model?

GO Markets' execution model is hybrid: ECN (Electronic Communications Network) and STP (Straight-Trough Processing).

Does GO Markets have mobile trading platforms?

Yes, GO Markets has the MT4 and the MT5 trading platforms available for mobile devices running on iOS and Android systems.

Does GO Markets have a trading API?

No, GO Markets does not publish a trading API.

Does GO Markets pay interest on margin?

No, GO Markets does not pay any interest on margin.

What type of spreads are GO Markets' spreads?

GO Markets' spreads are variable only (from 0.0 pip). No fixed spread accounts are offered.

GO Markets Real customer rating

5.0

GO Markets reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

Currently, we do not have enough data from GO Markets' verified customers, with a real trading account, to analyse and publish the client's feedback. We will update the GO Markets user rating section soon.


Review sources

With over 10 years of industry presence, we are a leading IB broker of forex and CFDs trading accounts to almost all of the world's top brokers. One of our primary missions is also to help the trading community make informed decisions, by publishing accurate and unbiased content, supported mainly by primary sources.

These sources may include government data, the information supplied by the broker and data available on the broker's corporate website(s), the analysis and reviews of our in-house industry experts, and the feedback provided by the broker’s verified traders with a live account. The information on this GO Markets review page was also sourced from:

Australian Securities and Investments Commission website, GO Markets Pty Limited, company details page.

Cyprus Securities and Exchange Commission website, GO Markets Ltd, company details page.

Seychelles Financial Services Authority website, GO Markets International Ltd, company details page.

Mauritius Financial Services Commission website, GO Markets Pty Ltd (MU), company details page.

GO Markets global website, Trading Accounts, trading accounts comparison page.

GO Markets global website, Contracts Specs, financial instruments specifications page.

GO Markets global website, Funding & Withdrawal, deposit/withdrawal methods and fees page.

GO Markets global website, Help Centre, frequently asked questions page.

FXverify website, GO Markets user reviews by verified traders with a live account, reviews page.


Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Check the GO Markets website, for the percentage (%) of retail investor accounts which lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.