GO Markets Review 2025

Trust

GO Markets Regulations

In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

This is what I discovered about the five entities operating under the GO Markets trade name:

• GO Markets Pty Ltd (MU) is licensed and regulated by the Financial Services Commission (FSC) of Mauritius under license number GB 19024896. We rate the FSC as a Tier-3 regulator.
• GO Markets Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 322/17. We rate CySEC as a Tier-1 regulator.
• GO Markets Pty Ltd is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under license number 254963. We rate ASIC as a Tier-1 regulator.
• GO Markets International Ltd is licensed and regulated by the Financial Services Authority (FSA) of Seychelles under license number SD043. We rate the FSA as a Tier-3 regulator.
• GO Markets LLC is incorporated in St. Vincent and the Grenadines. The entity is not regulated.

Understanding the Regulatory Protections of Your Account

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is what you need to be looking for in a broker in terms of safety mechanisms:

• Segregation of Client Funds: Keeping client funds in segregated bank accounts from the ones used for the broker’s corporate capital negates the risk of accounting errors. All GO Markets entities that onboard clients guarantee the segregation of client funds.
• Negative Balance Protection: This safety mechanism removes the risk of trading losses exceeding the account balance. In other words, the losses you incur from trading are capped at the amount you have put in your trading account. All GO Markets entities that onboard clients guarantee negative balance protection.
• Compensation Scheme: A compensation scheme protects traders against the broker’s liabilities if the company becomes insolvent. The clients of GO Markets Ltd. are protected by up to EUR 20,000 under the Investor Compensation Scheme (ICF).
• Maximum Leverage: Capping the maximum leverage restricts the extent of market exposure to retail traders. The higher the leverage, the higher the potential profits and potential losses. The maximum retail leverage with GO Markets is 1:500.

Stability and Transparency

In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.

GO Markets has been operational since 2006, attesting to its stability and longevity. On the broker’s LinkedIn page, I counted 142 associated employees.

I reviewed the GO Markets’ legal information and found it easy to discern. The broker’s Client Agreement is pretty exhaustive and contains all essential information. I also appreciated GO Markets’ robust Client Categorization process during account creation, which ensures all traders are allocated the appropriate account services upon finalization.

Is GO Markets Safe to Trade With?

I determined that GO Markets is safe due to the following factors:

• Licensed and regulated internationally
• Keeps client funds in segregated accounts
• Guarantees negative balance protection
• Has a robust client categorization policy

Fees

GO Markets Spreads

I tested GO Markets’ spreads on 7 April 2025 during the London and New York opens. The results are shown in the table below:

According to my findings, GO Markets charges low spreads on share CFDs and gold, average spreads on oil and Bitcoin, low-to-high spreads on indices, and average-to-high spreads on currency pairs.

GO Markets Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

My research indicates that GO Markets’ swaps are low-to-average compared to the industry benchmark. Note that swap fees tend to change over time.

GO Markets Non-Trading Fees

GO Markets doesn’t charge any non-trading fees. There’s no inactivity fee for dormant accounts, and the broker also doesn’t impose handling fees on deposits or withdrawals. That said, third-party processing fees may still apply, depending on the payment method used.

Are GO Markets’ Fees Competitive?

I rate GO Markets’ fees as indeed competitive. While the broker’s Standard account spreads are mixed, more favorable costs are available on the GO Plus+ account, which features raw spreads from 0.0 pips and a $5 round-turn commission, lower than the $6 industry average. Another perk is zero dormant, inactivity, or deposit/withdrawal fees.

Platforms and Tools

GO Markets cTrader Desktop

Few platforms match cTrader in terms of functionality, and GO Markets’ version delivers the full experience. With high-definition charts, it’s an excellent choice for detailed price action analysis.

cTrader supports both copy trading and automated trading, giving traders plenty of flexibility. Best of all, GO Markets’ cTrader is fully integrated with top-tier market research, keeping users informed of real-time trading opportunities without ever leaving the platform.

Arguably, the standout feature of cTrader is its suitability for automated trading. The platform’s comprehensive coding environment allows experienced traders to build sophisticated algorithms. Less experienced algo traders can also choose from a wide selection of ready-made trading bots from the platform’s library.

cTrader also has a built-in environment for copy trading where signal providers and signal followers can interact with each other. Traders can easily scroll through multiple available strategies and assess their performance based on profit, risk, longevity, and more.

cTrader Features

GO Markets’ cTrader platform is available on Windows and Mac and supports 23 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

cTrader features:

• Depth of Market: The tool allows traders to easily track changes in buying and selling orders and assess an asset’s likely direction in the immediate future.
• News Screener: The integrated news screener helps traders stay informed of the latest market developments and news releases.
• Alerts-Setting Option: Traders can set alerts for when the price of a given instrument falls/rises to a predetermined level, which could potentially signal a viable entry opportunity.
• Watchlist Customization: Traders can populate watchlists with their favorite instruments and track market changes more easily.
• One-click Trading: This feature enables instant market entries at the spot price and is invaluable for high-precision traders, such as scalpers.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.

Charts

cTrader’s charts are fluid and easily scalable. They allow a more intricate overview of price action behavior so that traders can easily spot developing trading opportunities.

I have broken down the available analytical tools and chart configurations below:

• 86 technical indicators: These include trend-based and volume-based indicators and oscillators that analyze price action and assess market sentiment, helping predict market movements.
• 22 drawing tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points.
• 19 timeframes: For multi-timeframe analysis, enabling detailed price action analysis.
• 6 chart types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements.

Orders

cTrader features three types of order execution: market, pending, and one-click trading, allowing immediate entries at the spot price.

I have broken down the available order types on the cTrader platform below:

• Market Orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit Orders: Guarantee exact price entries but won’t be filled if the price doesn’t reach the trigger level.
• Stop Orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

Another great advantage of GO Markets’ cTrader platform is its integration with actionable trading signals from Autochartist. Users can quickly read about emerging trading opportunities and trade on the signals with just one click.

cTrader Desktop: My Key Takeaways

cTrader is a highly versatile platform that empowers traders to explore a variety of strategies and trading styles. Its high-definition charts make it especially useful for day traders looking to spot evolving price patterns. The platform also supports copy trading and automation, offering flexibility for both beginners and seasoned pros.

GO Markets goes an extra mile, integrating cTrader with actionable trading signals from Autochartist, which helps traders make more informed decisions. Altogether, I rate cTrader as a strong choice for traders at any experience level.

cTrader Trading App

The mobile app version of cTrader retains the flexibility and usability of its desktop counterpart. It can be used for trading on the go, account management, order management, and market research.

One inherent flaw of almost all trading apps is that they have to be run on low-resolution devices. This makes apps less suitable for conducting technical analysis.

cTrader App: My Key Takeaways

GO Markets’ cTrader app is a feature-rich mobile platform that allows traders to manage accounts, execute orders, analyze price action, and access market research on the go. The app has a pleasant design and is extremely easy to navigate.

GO Markets Execution Model

GO Markets operates on a hybrid STP/ECN model whereby client orders are routed to its pool of liquidity providers, where they are filled at the best available price.

VPS Hosting

GO Markets provides free Virtual Private Server (VPS) hosting to clients who meet a minimum trading volume requirement of 10 standard FX/Gold lots (5 lots round trip) per billing month. Otherwise, a standard monthly charge of $25 USD is applied.

Tradable Instruments

Compared to the industry average, GO Markets offers an average number of currency pairs and cryptocurrencies, as well as a high number of commodities, share CFDs, and indices.

What Are CFDs?

Contracts for difference (CFDs) are derivatives that speculate on the underlying asset’s price without physical ownership.

For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

What CFDs Can You Trade With GO Markets?

GO Markets Instruments: My Key Takeaways

I was impressed by the diversity of GO Markets’ instrument offering, which includes low-risk assets like ETFs and bonds, alongside higher-risk, high-yield options like shares and cryptocurrencies. Overall, the selection supports both hedging strategies and speculative trading. My only minor gripe is the relatively limited range of cryptocurrencies, which leaves some room for improvement.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I conducted my test on 11 April at around 12:01 a.m. CET via live chat. An agent connected within seconds and was very polite and responsive overall.

I asked a series of questions pertaining to GO Markets’ fees, dormant account policy, and execution model. The agent breezed through my questions and promptly provided me with satisfactory answers. His answers were easy to follow and understand.

Deposit and Withdrawal

GO Markets Deposits

GO Markets Withdrawals

Account Types and Terms

GO Markets Account Opening Process

To open an account with GO Markets, follow these easy steps:

1. Click ‘Open Account’ at the top-right corner of the main page.
2. Fill in your country of residence, phone number, and name.
3. Provide your email address and choose a password.
4. Provide the rest of your personal details.
5. Choose a trading platform, account type, and base currency.
6. Elaborate on your financial background and trading experience.
7. Agree to GO Markets’ Terms and Conditions.
8. Upload proof of ID and proof of address.

GO Markets Account Types

The Standard account’s pricing is, as expected, fairly typical for the industry. However, based on my live testing, the GO Plus+ account offers noticeably better trading conditions.

With a $5 round-turn commission per traded lot (100,000 units), the GO Plus+ account undercuts the $6 industry average, giving traders a cost advantage. It also comes with a low $200 minimum deposit, making it just as accessible as the Standard account, but with lower overall fees.

Demo Accounts

GO Markets offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account.

Islamic Accounts

GO Markets offers Islamic accounts for swap-free trading under Shariah Law.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.

Maximum Leverage By Asset Class

In the table below, I have listed the maximum retail leverage available with GO Markets for instruments from different asset classes:

GO Markets Restricted Countries

GO Markets Pty Ltd (MU) does not accept as clients residents of Afghanistan, Azerbaijan, Albania, Anguilla, Antigua and Barbuda, Belarus, Bosnia and Herzegovina, Bulgaria, Burundi, Barbados, British Virgin Islands, Burkina Faso, Cameroon, Central African Rep, Cuba, Congo, Cote D’Ivoire, Cambodia, Cayman Islands, Democratic Republic of Congo, Ethiopia, Eritrea, Gaza Strip, Guinea Bissau, Guinea, Gibraltar, Haiti, Iran, Iraq, Jamaica, Jordan, Kenya, Lebanon, Libya, Mali, Marshall Islands, Myanmar, Monaco, Montenegro, Moldova, Mozambique, Namibia, Nicaragua, Nigeria, North Korea (DPRK), Pakistan, North Korea (DPRK), Pakistan, Palau, Panama, Russian Federation, Samoa, Serbia, Senegal, Sierra Leone, Somalia, Sudan, South Sudan, Syria, Tanzania, The Bahamas, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Uzbekistan, Uganda, Ukraine, Venezuela, West Bank (Palestine Territory), Yemen, Zimbabwe, American Samoa, Belgium, Canada, Czech Republic, Guam, Israel, USA, United States Virgin Islands.

Research

Research Tools

GO Markets incorporates an intuitive economic calendar, which informs traders of upcoming market releases that could potentially create viable trading opportunities. The broker also tracks important market developments with detailed breakdowns, which are available in written and video format.

GO Markets Research: My Key Takeaways

GO Markets’ market research content is of very high quality, and traders can trust it as a reliable source of information. However, I noticed that the broker does not provide any actionable trading signals, such as the featured trading ideas of Trading Central and Autochartist.

Education

The bulk of GO Markets’ content is available from the website’s Educational Hub. It contains three courses: ‘First Steps in Forex’, ‘Next Steps in Forex’, and ‘Mastering Share CFDs’.

The broker also created a very practical podcast, ‘Margin Call,’ and a webinar series, ‘Inner Circle,’ a group coaching program that provides weekly education and market review series. Additionally, traders can benefit from over 40 educational videos on GO Markets’ YouTube channel.

The Bottom Line

GO Markets is a well-rounded broker founded in 2006 and headquartered in Australia. It stands out with 1,800+ tradable instruments and supports four highly versatile platforms—MT4, MT5, cTrader, and TradingView—catering to traders of all styles.

Its trading fees sit comfortably in the lower range, with GO Markets’ generally low spreads and swaps, commission-free trading, and zero non-trading fees.

The broker keeps things smooth with copy trading solutions, the Genesis add-on for MetaTrader, and free VPS hosting for low-latency execution. I also appreciated GO Markets’ responsive customer support and solid educational resources.

During my review, I didn’t find many drawbacks. The only areas for improvement are the limited range of cryptocurrencies and the absence of actionable trading ideas.

Whether you’re a day trader, swing trader, copy trader, or algo trader, GO Markets could be a perfect fit—thanks to its strong platform lineup, affordable accounts, and trader-friendly tools.

FAQ