Profile
GO Markets review highlights this Australian-founded broker known for regulated multi-asset trading and strong platform support. Established in 2006, GO Markets has expanded globally through entities regulated in Australia, Cyprus, Seychelles, and Mauritius, offering retail and professional clients access to forex, commodities, indices, shares, and crypto CFDs.
Regulation and Safety
GO Markets Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC), license number 254963. Its EU operations are regulated by CySEC under license 322/17. Additional entities include GO Markets Ltd (FSA Seychelles: SD043) and GO Markets International Ltd (FSC Mauritius: C117022479). All client funds are held in segregated accounts with top-tier banks. Negative balance protection is provided in CySEC and offshore jurisdictions. ASIC clients receive strong conduct protection but no compensation scheme.
Execution Model and Trading Platforms
GO Markets operates an NDD (No Dealing Desk) STP model with ECN-style pricing on selected accounts. The broker supports MetaTrader 4, MetaTrader 5, and cTrader platforms across desktop, web, and mobile. VPS hosting is available, and FIX API is offered to qualified institutional traders. All platforms provide fast execution with access to multiple liquidity providers.
Markets and Instruments
Clients can trade over 600 instruments across:
- Forex (major, minor, exotic pairs)
- Indices (e.g., US500, DAX40, UK100, AUS200)
- Commodities (gold, oil, silver, natural gas)
- Shares (US, UK, AU, EU equities via MT5)
- Cryptocurrencies (BTC, ETH, ADA, XRP, DOGE CFDs)
- ETFs (limited to MT5 and cTrader accounts)
Accounts, Spreads and Leverage
GO Markets offers two main account types:
- Standard Account: Spreads from 1.0 pips, no commission
- GO Plus+ Account: Raw spreads from 0.0 pips, $3.00 commission per side per lot
Leverage up to 1:30 for ASIC and CySEC clients, and up to 1:500 for offshore clients. Minimum deposit is AUD $200 or equivalent. Stop-out level is 50%. Swap-free (Islamic) accounts are available upon request.
Funding and Base Currencies
Accepted base currencies include AUD, USD, EUR, GBP, NZD, SGD, and CAD. Funding methods include bank wire, credit/debit card, Skrill, Neteller, PayPal, and crypto (limited availability). Most deposits are instant, and withdrawals are processed within 24 hours on business days. No internal deposit fees; one free withdrawal per month may apply depending on method.
Client Protections and Features
GO Markets enforces negative balance protection (outside ASIC), fund segregation, and supports 2FA on trading platforms. Biometric login is available via mobile apps. The broker undergoes regular audits and complies with cross-border KYC/AML requirements. CySEC clients are eligible for the ICF (up to €20,000), while Australian clients are covered under ASIC’s strict conduct framework.
Institutional and Retail Offering
GO Markets serves both institutional and retail clients. Institutional services include FIX API connectivity, white-label solutions, prime-of-prime access, and custom liquidity setups. Retail traders benefit from low minimums, tight spreads, and platform variety. VPS hosting, trading signals, and integrated Autochartist tools are also offered for retail accounts.
Pros and Cons
Pros
- Multi-jurisdictional regulation (ASIC, CySEC, FSA, FSC)
- Raw spreads and ECN-style execution
- MT4, MT5, and cTrader support
- FIX API and VPS access for professionals
- Crypto and equity CFDs available
Cons
- Higher leverage only available under offshore entities
- No proprietary platform
- ETF selection is limited
Frequently Asked Questions
Is GO Markets regulated?
Yes, GO Markets is regulated by ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), and FSC (Mauritius).
Which trading platforms are supported?
GO Markets supports MetaTrader 4, MetaTrader 5, and cTrader on web, mobile, and desktop.
What is the minimum deposit?
The minimum deposit is AUD $200 or equivalent in other supported base currencies.
Does GO Markets offer negative balance protection?
Yes, negative balance protection is provided to clients under CySEC, FSA, and FSC regulation, but not under ASIC.
Can I access FIX API with GO Markets?
Yes, institutional clients can request FIX API connectivity for custom execution setups.