Regulated

Comment

Australia

2006

9.01

Website

https://gmsc.gomarkets.mu https://www.gomarkets.com/

Rating Index

Software

9.43

Licensed

8.7

Risk Control

9.22

Experience

9.59

Institution

8.7

Industry Classification

Unqualified

Trading Platforms

MT4, MT5, cTrader, WebTrader

Basic Information

Registered Region

Australia
Operation Status

Normal
Operating Period

2006
Deposit Methods

Credit/Debit Cards, Skrill, Neteller, Bank Transfer
Website

https://gmsc.gomarkets.mu https://www.gomarkets.com/
Market Type

Foreign exchange
Support Languges

English

Chinese
Main Business

FX, commodities, digital assets, stocks, indices, CFDs
Business Type

FX broker
Social Media
Contact Details

support.jp@gomarkets.com

+230 5869 0074
Type of Accounts

Standard, GO Plus+
Trading Platforms

MT4, MT5, cTrader, WebTrader
Withdraw Methods

Credit/Debit cards, Bank transfers, Digital wallets
Auto Trading

EA, CopyTrade supported

Pros and Cons

Pros: Strong regulatory framework, access to over 1,000 tradable assets, low spreads starting from 0.0 pips, robust trading platforms including MT4 and MT5, excellent customer support available in multiple languages. Cons: FSA offshore regulation, differences in trading conditions between entities, and limited 24/7 customer support availability.

Company Background

GO Markets is an Australian-based Forex and CFD broker founded in 2006, catering to retail and institutional clients. The firm offers a diverse range of trading instruments and is recognized for its strict compliance with regulatory standards, which include licenses from ASIC in Australia, CySEC in Cyprus, the FSC in Mauritius, and the FSA in Seychelles. GO Markets has established a strong presence in the trading community by providing advanced trading platforms and high-quality customer service.

Fund Security

GO Markets adheres to stringent regulatory requirements, ensuring that clients' funds are held in segregated accounts to protect against insolvency risks. The broker is subject to regular audits and is mandated to maintain a high level of client fund security, which promotes a safe trading environment. Furthermore, GO Markets has implemented premium security protocols to safeguard personal and financial data online.

Account Opening

GO Markets offers two primary account types: the Standard Account and the GO Plus+ Account, with a minimum deposit starting at $200. Account types cater to different trading styles, providing options for both new and experienced traders. The account opening process is straightforward and can be completed online, requiring users to provide necessary identification documents for verification.

Trading Fees

GO Markets provides competitive trading fees, with spreads as low as 0.0 pips on the GO Plus+ account. The Standard account features spreads starting from 0.8 pips. The broker charges a commission of $2.50 per side on FX standard lots in the GO Plus+ account, while the Standard account has no commission fees. Overnight fees apply as part of the swap rates.

Trading Instruments

The broker offers a wide range of trading instruments with over 1,000 available options including Forex pairs, commodities, indices, shares, metals, and cryptocurrencies. However, it does not support trading in futures, options, or ETFs, which may limit the diversification opportunities for traders seeking those products.

Trading Technology

GO Markets leverages advanced technologies by offering several trading platforms including MT4, MT5, cTrader, and WebTrader. The integration of these platforms allows for sophisticated trading capabilities such as automated trading, a variety of analysis tools, and customization options to enhance the trading experience for users. Furthermore, GO Markets provides additional tools like Autochartist and Trading Central to support trading strategies.

Research and Education

To cater to both novice and experienced traders, GO Markets offers extensive educational resources including online courses, video tutorials, webinars, and a dedicated learning academy. The broker also provides comprehensive market analysis and trading signals which are accessible to all traders via the trading platforms.

Customer Support

Customer support at GO Markets is available 24/5, providing assistance through various channels including live chat, email, and phone. The customer service team is renowned for its responsiveness and multilingual support, ensuring that clients can resolve their inquiries efficiently. Despite not offering 24/7 support, the team is well-equipped to address most issues promptly during business hours.

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Rating Index

GO Markets

Regulated

Legal Environment

9.43

License Value

8.7

Risk Management

9.22

Investor Protection

9.59

Regulatory Policy

8.7

Software

Evaluates the regulator's legal foundation, organizational structure, leadership experience, and enforcement capacity. Focuses on whether it enforces strict regulations, maintains transparency and fairness, and engages in international cooperation and technological supervision.
Institution

Analyzes the regulator's policy framework, decision-making process, and enforcement transparency, including rule-making, internal control, and policy implementation effectiveness.
Licensed

Assesses the market value of the licenses issued by the regulator, including entry thresholds, compliance costs, approval duration, and overall global recognition and influence.
Risk Control

Evaluates the regulator's financial stability and risk management capacity, including budgeting, reserves, revenues, expenditures, and ability to respond to market or financial shocks.
Investor Protection

Examines the regulator's complaint-handling and investor protection systems, assessing fairness, responsiveness, and enforcement effectiveness in safeguarding investor rights.

Broker Ranking List

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