GO Markets Forex Broker Review

Company Go Markets Pty Ltd
Established in 2008
Online since 2008
International Offices Australia, Netherlands
Payment Methods BPAY, Credit Cards, Debit Cards, PayPal, Wire Transfer
Demo Accounts & Platforms Meta Trader 4, Meta Trader 5, MT4 Web Trader (XOGEE) All limited to 30 days of use
Account currencies Australian Dollar, Euro, Great Britain Pound, New Zealand Dollar, United States Dollar
Regulated & Registered by ASIC
Are US Traders allowed? No
Bonus? (detailed)
Languages in which website is available? English
Languages in which Support is available? English
Different Support methods? Email, Live Chat, Phone Office, Web Form
Types of Account (micro standard executive islamic) Learner, Standard
Minimum deposit in accounts $500
Minimum position size 0.001 lot
Type of Spread? Variable
Minimum spread on EUR/USD, pips 0.5
Is Scalping Allowed?
Types of Trading Instruments (GOLD; CFD, etc. and the leverage) Forex – 1:500, Gold & Silver – 1:500
Real Trading platforms Meta Trader 4, Meta Trader 5, MT4 Web Trader (XOGEE)
Digits after the dot in quotes 5
Margin call level
Stop-out level
Total Number of currency pairs 25
Any Bonus offers Yes
Affiliate program Available? Yes
Facility of Overnight interest rates (swaps) Yes
Do they have Trailing stop? Yes
Do they have Pending orders? Yes
Mobile trading allowed? Yes
Browser-based platform present? Yes

GoMarkets-Logo-OrangeGO Markets PTY Ltd was established in the year 2008 and has been into internet based online trading since then. They have their offices in Australia and Netherlands. They offer various features like free education to its clients which helps them hone their trading skills and also give an insight into the forex market especially to the beginners. They have segregated accounts which mean that the company funds and the trader’s funds are kept separate and safe. They also arrange for Affiliate program for their clients. The various payment options for making deposits and withdrawals are BPAY, Credit cards, Debit Cards, PayPal and Wire transfer. They allow you to have Australian Dollar, Euro, Great Britain Pound, New Zealand Dollar and United States Dollar as account currencies. Their website and customer support service is available in English and the customer service staffs can be reached via email, live chat, office, phone and web form.

The demo platform is offered to the clients but its use is limited to a 30 days period. The demo platform offered is Meta Trader 4, Meta Trader 5 and MT4 Web Trader. The same trading platform is offered to the clients when they start real trading and hence they can device their trading strategies while working on demo platform. They offer two different types of accounts which include Learner account and the Standard account. The minimum deposit required to open an account with them is $500 and the minimum position size is 0.001 lots. For learner account the maximum deposit you can have is $1000. They allow the use of Expert Advisor which is of great help to traders while trading. They offer the clients to trade in gold and silver along with forex and maximum leverage on each of them is 1:500.

If you want to know the true facts about the company’s quality of service and performance and reading reviews posted by the users is the best option. The GO Markets forex has hundreds of happy and satisfied customers as reflects in their reviews. The most liked fact about the company is their trading platform which helps them in smooth and successful trading. Their MT4 web trader is liked by many as it helps them trade without even downloading any software. Leverage of 1:500 on the trading instruments is also liked by many. The use of Expert Advisor is allowed which is a great relief for many traders. They are regulated and that they offer segregated account is also liked by many traders. A few of the cons mentioned in the review is that they do not have much payment options but having PayPal as one of the options is liked by many. The website and customer support service is available only in English is also a concern for many who do not speak English. Many have wished that they had more currency pairs to trade in. The average rating given to the company by its users is 4.9 out of 10.

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