How is GO Markets? Is it Reliable?
GO Marketsは2006年に設立され、オーストラリアの規制を受けるリーディングブローカーです。外為、株式、貴金属、指数、商品を含む1000種類以上の取引可能なCFD商品を提供しています。
Introduction to GO Markets
GO Markets, established in Australia in 2006, is an online CFD trading service provider. It offers over 1,000 tradable CFD tools, including forex, stocks, precious metals, indices, and commodities. It was the first MT4 broker in Australia and has since added the MT5 trading platform.
GO Markets International Ltd is registered in the Republic of Seychelles, with registration number 8425985-1, and is regulated by the Seychelles Financial Services Authority (FSA) under the Securities Dealer License SD043 issued according to the Securities Act of 2007.
GO Markets Security
GO Markets is authorized to operate financial services under the top Australian financial services license (globally known as ASIC). GO Markets must adhere to the disclosure benchmarks set by ASIC and ensure that investors are informed of risks and potential returns.
As a fully authorized financial trading provider, GO Markets adheres to stringent measures to protect clients' funds through isolation, and ensures fair conditions through continuous monitoring and auditing.
GO Markets is regulated by multiple authorities:
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Australian Regulation: GO Markets Pty Ltd is a company registered in Australia and regulated by the Australian Securities and Investments Commission (ASIC), which oversees financial markets and service providers to ensure compliance with Australian laws and regulations. GO Markets Pty Ltd’s ASIC license number is AFSL 254963.
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Seychelles Regulation: GO Markets International Ltd is registered in the Republic of Seychelles and regulated by the Seychelles Financial Services Authority (FSA), which oversees financial services including securities trading. GO Markets International Ltd’s FSA license number is SD043.
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Mauritius Regulation: GO Markets is also authorized and regulated by the Financial Services Commission (FSC) in Mauritius. The FSC is responsible for overseeing non-banking financial services in Mauritius. GO Markets Pty Ltd (MU) has an FSC license number of GB 19024896.
GO Markets Account Types
GO Markets offers two types of accounts: the STND Standard Account and the PRO Low Spread Account. Traders can manage their trading methods flexibly and choose the most suitable account type.
STND Standard Account
Access to all trading products with extremely low spreads and zero commissions.
- 90+ Trading Instruments:including forex, commodities, indices, and oil.
- Low fees: $3.5 per standard lot per side.
- Competitive spread advantage: innovative price optimization technology provides highly competitive spreads.
- Deposit requirement: Only $500 to activate your trading account.
PRO Low Spread Account
Enjoy a unique, tailor-made premium customer experience.
- Spreads as low as 0.0: GO Markets introduces the PRO Professional Low Spread Account.
- Low fees: $3.5 per standard lot per side.
- Deposit requirement: Only $3000 to activate the account.
- One-on-one dedicated customer service and support: Tailor-made excellent trading experience.
Comparison of PRO Low Spread Account and STND Standard Account:
Account Features | PRO Low Spread Account | STND Standard Account |
---|---|---|
24/5 Customer Service | ✔️ | ✔️ |
Dedicated Account Manager | ✔️ | ✔️ |
Spreads | From 0.0 | From 0.0 |
Commission | $3.5 per side | Zero commissions |
Market | Wide range of forex pairs, stocks, indices, and commodities | Wide range of forex pairs, stocks, indices, and commodities |
Minimum Trade Size (per order) | 0.01 lot | 0.01 lot |
Leverage | 500:1 | 500:1 |
Trading Tools | ✔️ | ✔️ |
Trading Restrictions | No scalping | No scalping |
Minimum Deposit | $3000 | $500 |
GO Markets Account Opening Process
The account opening process with GO Markets is straightforward. Click "Open an Account with GO Markets Now"!
Before opening an account, you need to understand the following information:
- Opening an account with GO Markets is completely online and takes 1 day.
- You need to provide documents to prove your identity and residence.
- You need to choose an account type that suits your needs.
- You can choose from multiple base currencies.
- GO Markets’ minimum deposit is $0.
Steps to Open an Account:
- Go to GO Markets’ website and fill out the registration form to apply for an account. Brokers typically take 1 day to review the application.
- Complete a trading experience questionnaire. Capital.com needs to ensure that traders have some basic financial knowledge and are aware of trading risks.
- Choose an account type and a base currency.
- Choose a funding method, enter the amount to be deposited, and other necessary details. Click to submit your deposit request.
GO Markets Deposits and Withdrawals
Traders can easily transfer funds with GO Markets. GO Markets supports multiple account currencies and payment methods. You can perform deposits, withdrawals, or internal transfers via secure login on the client portal.
Deposit Process:
- GO Markets supports multiple account currencies and payment methods, including Mastercard, Visa, Skrill, Neteller, and bank/wire transfers. It provides fast transfers with no transaction fees.
- The process is simple: log in securely through the client portal to deposit funds, withdraw funds, or perform internal transfers.
Withdrawal Process:
- Withdrawals are also processed via secure login through the client portal and are simple and quick. Traders can submit withdrawal requests at any time, choose their preferred withdrawal method, enter the amount, and confirm.
- GO Markets processes withdrawal requests within one to two business days, ensuring quick movement of user funds.
Payment Methods Include:
- Credit or debit cards
- Bank-to-bank transfers through Australian banks
- BPAY payments
- Electronic payments such as Skrill, Neteller, POLi
Currencies Accepted by Different Payment Methods:
Payment Method | Accepted Currencies |
---|---|
Mastercard | AUD, USD, GBP, EUR, NZD, SGD, CAD, CHF, HKD |
Visa | AUD, USD, GBP, EUR, NZD, SGD, CAD, CHF, HKD |
Skrill | AUD, USD, GBP, EUR, NZD, SGD |
Neteller | AUD, USD, GBP, EUR, SGD |
Bank/Wire Transfer | AUD |
BPAY | USD |
PayID | AUD |
Important Notes:
- Withdrawal requests from real accounts are usually processed within 1-2 business days. Withdrawals through international banks below $100 will incur a $5 or equivalent bank fee per transaction. According to anti-money laundering policies, accounts with no trading activity or incomplete trading volume will incur an additional 2.5% fee, with a minimum withdrawal amount of $20.
- According to third-party trading regulations, funds can only be returned to a bank account with the same name as the trader’s GO Markets account.
- When submitting a withdrawal request, be aware of the available margin in the trading account. If the available margin fluctuates due to trading, causing the withdrawal amount to be incorrect, the withdrawal request will be canceled. If there are open positions in the trading account, ensure that the withdrawal amount does not lead to a forced liquidation due to insufficient margin.
- If the remaining margin ratio after withdrawal is less than 300%, the withdrawal request will not be processed.
GO Markets Trading Platforms
GO Markets uses MT4 and MT5 as its primary trading platforms, providing quick access to the market through MetaTrader applications compatible with Android and iPhone.
MT4:
GO Markets was the first forex broker in Australia to use the MT4 online trading platform in 2006. Join GO Markets to experience fast trading speeds, highly competitive spreads, and trading plugins such as MT4 Genesis.
- Enter global markets with highly competitive spreads.
- Supports automated trading systems (EA) for executing trading strategies.
- Built-in indicators provide extensive market research resources.
- Compatible with major app markets, including Apple and Android.
- High-quality trading execution speed.
MT5:
MetaTrader 5 is an upgraded version of MT4. The platform now offers stock CFD trading options while retaining the products and features available on MT4.
- Hundreds of trading products, including popular stocks, forex, commodities, and precious metals.
- Supports automated trading systems (EA) for executing trading strategies.
- Built-in 80+ technical indicators for chart analysis.
- Latest quotes, one-click market insights, and other features.
GO Markets Trading Products
- Forex CFDs: The forex market is one of the most liquid and actively traded financial markets globally. GO Markets provides advanced platforms and powerful trading tools to manage, monitor, and analyze global forex trading.
- A wide range of forex currency pairs
- Competitive spreads
- Leverage up to 500:1
- Stock CFDs: Trade popular Australian, US, and Hong Kong stocks. Unlike traditional stock trading, CFDs allow investors to go long or short on stock positions, offering the opportunity to profit from falling stock prices.
- Hundreds of Australian, US, and Hong Kong stocks available
- Leverage up to 20:1
- 24/5 customer support
- Cryptocurrency CFDs: Seize the unique opportunities offered by next-generation CFD tools. GO Markets provides a selection of popular cryptocurrencies.
- Access to popular cryptocurrencies
- 24/5 trading
- No need to purchase the underlying assets
- Index CFDs: By trading index CFDs, traders can access entire stock markets, avoiding the costs and research burdens associated with individual stock investments. Index trading is one of the most popular trading products. With GO Markets, you can trade cash indices and futures indices from around the world.
- Trade popular stock indices such as FTSE 100, CAC 40, US 500, and ASX 200
- Leverage up to 500:1
- Supports both long and short trades
- Precious Metals CFDs: In the rapidly changing global markets, gold and silver are the most commonly traded metals. GO Markets helps traders enter this highly liquid market with smaller positions, allowing for effective risk management.
- Trade without purchasing physical metals
- Supports both long and short positions
- Powerful trading platform
- Commodities CFDs: Resources like oil and precious metals are fundamental to the global economy, making them one of the largest markets by trading volume. With GO Markets’ MT4 and MT5 platforms, you can trade a range of commodity CFDs.
- Trade in one of the most liquid markets globally
- Low trading costs
- Ultra-fast execution
- Government Bonds CFDs: Trade around the clock, 23 hours a day, and enter the $125 trillion fixed-income market through bonds. Trade the most liquid bond futures contracts from the US, Europe, UK, and Japan in a single account.
- Trade based on interest rate expectations
- Diversify your portfolio
- Leverage trading opportunities
GO Markets Trading Tools
VPS (Virtual Private Server):
GO Markets offers a free VPS subscription to clients who trade at least $1 million per month (approximately 5 lots of forex). If the trading account does not meet the monthly trading volume, a VPS service fee starting at $10 per month (or equivalent in account currency) will be charged.
- Traders can activate or terminate the VPS subscription through the "My Subscription - VPS" section of the GO Markets client.
- VPS subscription will be terminated if the GO Markets trading account is closed or if the account’s net balance falls below $30.
Autochartist Intelligent Charting Tool:
Free access for all GO Markets live account holders.
- Automated Technical Analysis: Autochartist generates notifications when new or completed chart patterns (such as triangles, wedges, tops, and bottoms) are identified. Additionally, the diagram of completed patterns shows the anticipated price levels.
- Performance Statistics: Traders can view a range of performance statistics to understand which trading setups have been effective or ineffective over the past 6 months. This analysis applies to completed Autochartist chart patterns, breakout levels, and near-key levels.
- Volatility Analysis: Understand the characteristics of markets and tools chosen by traders. Get useful information such as times of higher market volatility, how to set appropriate exit levels, and how to select tools within acceptable risk parameters.
MetaTrader Genesis:
A comprehensive integration of all MT4 plugins, covering forex, indices, commodities, and other financial products. These essential plugins significantly aid traders in trading, managing risk, and finding new opportunities.
- MetaTrader Genesis is available for free to all GO Markets live account clients. Apply online to request access.
- Account holders must have at least $500 (or equivalent currency) in their live accounts to qualify for free MT4 Genesis usage.
FAQ
- What base currencies can be used for trading?
You can hold funds in one of the following base currencies: AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, and HKD.
- How do I generate account trading reports?
In the trading platform, go to the account history tab, right-click on a displayed area or closed trade, and select the time. Once the records are displayed, right-click again and select "Save as Report."
- Can I log in to the same account from multiple devices simultaneously?
Yes, the platform supports multiple simultaneous logins to the same account. Therefore, traders can keep their desktop logged in while using their mobile device.
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