GO Markets Review 2021
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| GO Markets is an ASIC-regulated FX & CFD broker. | ||
GO Markets is an award-winning broker that offers traders Forex, CFDs, indices, shares, energies, metals, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 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.
GO Markets is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using 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 |
| 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 | 0.1 |
| GBPUSD Spread | 0.5 |
| Oil Spread | Variable |
| Stocks Spread | Variable |
Forex Trading
Trade with leverage on dozens of popular currencies.
| GBPUSD Spread | 0.5 |
|---|---|
| EURUSD Spread | 0.2 |
| EURGBP Spread | 0.4 |
| Assets | 50+ |
Cryptocurrency Trading
Trade on the most popular cryptocurrencies.
| Spread | Variable |
|---|---|
| Coins | BTC, ETH, LTC, XRP, BCH |
Payment Methods
GO Markets accepts the following payment methods:
- Neteller
- Skrill
- Visa
- Wire Transfer
- FasaPay
- POLi
- Perfect Money
- BPAY
- Western Union
- MoneyGram
- Credit Card
Awards
GO Markets is an award-winning broker, with 1 award received so far.
- No. 1 For Customer Service, 2019 - Australia Trading Leverage Report
FAQ
Is GO Markets Safe?
Yes, most likely, as we gave GO Markets a trust score of 40% in our 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.
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?
Yes, GO Markets is regulated by ASIC.
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 options.
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 CityIndex
- HQBroker 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. | ||