Profile
GO Markets AU review focuses on the original Australian entity of the GO Markets brand, known for its strict regulatory framework, competitive trading conditions, and support for advanced trading tools. Established in 2006 and headquartered in Melbourne, GO Markets Pty Ltd serves Australian residents under the oversight of ASIC, delivering a robust retail and professional trading experience.
Regulation and Safety
GO Markets Pty Ltd is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL number 254963. As an ASIC-regulated broker, it adheres to stringent capital adequacy, audit, and operational standards. Client funds are held in segregated accounts with top-tier Australian banks, and eligible clients may qualify for coverage under the AFCA external dispute resolution scheme. However, ASIC does not offer a statutory investor compensation fund.
Execution Model and Trading Platforms
GO Markets AU offers a hybrid STP/ECN execution model depending on the account type. The broker supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms across desktop, web, and mobile. VPS hosting is available, and FIX API access is provided for institutional clients. Latency is reduced via server proximity to NY4 and LD5 data centres, enhancing execution quality for algorithmic and high-frequency traders.
Markets and Instruments
GO Markets AU provides access to over 600+ CFDs including:
- Forex (50+ major, minor, and exotic pairs)
- Indices (ASX 200, NASDAQ, DAX, FTSE)
- Commodities (gold, oil, silver, natural gas)
- Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple)
- Shares (US, UK, EU, and ASX-listed equities)
- ETFs and futures-based CFDs
Accounts, Spreads and Leverage
GO Markets AU offers two core account types: Standard and GO Plus+. The Standard account provides spreads from 1.0 pip with zero commission, while GO Plus+ features raw spreads from 0.0 pips with a commission of AUD $3.00 per side ($6 round turn). Retail leverage is capped at 1:30 (1:20 for minors, 1:2 for crypto) under ASIC guidelines. Pro clients under the “GO Pro” designation can access up to 1:200 leverage with waived product intervention limits. Minimum deposit is AUD $200. Stop-out level is set at 50%.
Funding and Base Currencies
Funding options include bank wire, Visa/Mastercard, POLi, BPay, Skrill, Neteller, and PayID. Accepted base currencies are AUD, USD, EUR, GBP, NZD, CAD, SGD, and HKD. Deposits are generally processed same-day during business hours. Withdrawals are processed within 1 business day, with no internal fees, though third-party charges may apply depending on method.
Client Protections and Features
GO Markets AU maintains segregated client funds, negative balance protection, and is covered by the Australian Financial Complaints Authority (AFCA). Enhanced security features include 2FA, SSL-encrypted portals, and secure login credentials. Traders also gain access to Autochartist, trading central, economic calendars, and free VPS (based on trading volume).
Institutional and Retail Offering
The broker serves both retail and institutional segments. Institutional offerings include FIX API access, white-label solutions, and bespoke pricing for high-volume traders. Retail traders benefit from a full suite of MT4/MT5 features, competitive spreads, and premium support. Educational content, webinars, and demo accounts are tailored to Australian clients and ASIC compliance.
Pros and Cons
Pros
- Regulated by ASIC (AFSL: 254963)
- MT4 and MT5 with VPS and FIX API
- Strong client protections under Australian law
- Access to 600+ instruments including ASX stocks
- Competitive spreads and local funding methods
Cons
- Retail leverage capped at 1:30
- No proprietary trading platform
- No investor compensation scheme under ASIC
Frequently Asked Questions
Is GO Markets AU regulated?
Yes, GO Markets AU is licensed by the Australian Securities and Investments Commission (ASIC) under AFSL number 254963.
What platforms does GO Markets support?
GO Markets supports both MetaTrader 4 and MetaTrader 5 for desktop, web, and mobile devices.
What is the maximum leverage available?
Retail clients can access up to 1:30 leverage. Pro clients may qualify for up to 1:200 under the GO Pro program.
Are client funds safe?
Yes, client funds are held in segregated accounts and are protected under Australian regulatory requirements, including access to AFCA for dispute resolution.
Does GO Markets AU offer ECN accounts?
Yes, the GO Plus+ account provides ECN-style trading with raw spreads and low commissions.