GO Markets Review 2022
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| GO Markets is an ASIC-regulated FX & CFD broker. | ||
GO Markets is a multiple award-winning broker that gives traders access to Forex, CFDs, indices, shares, energies, metals, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader 4 and MetaTrader 5 platforms at GO Markets.
In terms of features offered to traders, GO Markets has Demo Accounts, Social Trading, Signals and Auto Trading but is missing Islamic Accounts.
GO Markets also gives traders access to 5 cryptocurrencies: BTC, ETH, LTC, XRP and BCH.
Careful traders will be reassured knowing that GO Markets is licensed to offer trading services by several regulators, 3 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.
GO Markets Summary
GO Markets is an ASIC-regulated FX & CFD broker.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, energies, metals, cryptocurrencies |
| Demo Account | ✓ |
| Min. Deposit | $200 |
| Min. Trade | 0.01 lots |
| Regulated By | ASIC, CySEC, FSC of Mauritius |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✓ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✓ |
| Copy Trading | ✓ |
| Islamic Account | ✗ |
CFD Trading
Trade CFDs on forex, indices, shares, precious metals, and energies.
| Leverage | 1:500 |
|---|---|
| FTSE Spread | 1 - 2.3 |
| GBPUSD Spread | 0.0 - 1.5 |
| Oil Spread | Variable |
| Stocks Spread | Variable |
Forex Trading
Trade with leverage on dozens of popular currencies.
| GBPUSD Spread | 0.0 - 1.5 |
|---|---|
| EURUSD Spread | 0.0 - 1.2 |
| EURGBP Spread | 0 - 1.4 |
| Assets | 50+ |
Cryptocurrency Trading
Trade the most popular cryptocurrencies including Bitcoin
| Spread | Variable |
|---|---|
| Coins | BTC, ETH, LTC, XRP, BCH |
Payment Methods
GO Markets accepts the following payment methods:
- Neteller
- Skrill
- Visa
- Wire Transfer
- Credit Card
- Mastercard
Awards
GO Markets is a multiple award-winning broker, with 2 awards received so far.
- No. 1 For Educational Materials, 2019-2021 - Investment Trends Australia Leverage Trading Report
- No. 1 For Value for Money, Spreads, Trading Ideas & Strategies and Margin Requirements, 2021 - Investment Trends Australia Leverage Trading Report
FAQ
Is GO Markets Safe?
Yes, most likely, as we gave GO Markets a trust score of 70% in this review. The main negative factor in this score is that GO Markets is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does GO Markets Accept PayPal?
No, GO Markets does not accept PayPal payments. See our list of brokers that accept PayPal for alternatives.
Is GO Markets Halal?
Probably not, as GO Markets does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
What trading platforms does GO Markets support?
With GO Markets you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.
Is GO Markets Regulated in the UK?
No, GO Markets is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives
Is GO Markets Regulated?
Yes, GO Markets is regulated by 3 different regulators: ASIC, CySEC and FSC of Mauritius.
The fact that GO Markets is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
GO Markets vs Other Brokers
If you want to compare GO Markets with other brokers, use the detailed comparisons below.
- GO Markets vs 12Trader
- GO Markets vs Avatrade
- GO Markets vs CityIndex
- HQBroker vs GO Markets
- OctaFX vs GO Markets
- Q8 Trade vs GO Markets
- ROInvesting vs GO Markets
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| GO Markets is an ASIC-regulated FX & CFD broker. | ||