GO Markets Review · 2026

What is GO Markets?

GO Markets is a Melbourne-based forex and Contract for Difference (CFD) broker founded in 2006. The firm built its early reputation by bringing MetaTrader 4 to Australian retail traders and has since extended into Cyprus, Mauritius, and Seychelles through separately licensed entities. The head office remains in Melbourne, Victoria.

The group operates four regulated entities: GO Markets Pty Ltd (Australia), GO Markets Ltd (Cyprus), GO Markets Pty Ltd MU (Mauritius), and GO Markets International Ltd (Seychelles). Each entity serves clients within its licensed jurisdiction, and onboarding routes a trader to the entity that matches their residency. Ultimate ownership sits with the Australian parent; the group has not listed on any public exchange.

The broker runs a Straight Through Processing (STP) and Electronic Communication Network (ECN) execution model rather than a market-maker book. Order flow on the GO Plus+ account routes to liquidity providers with raw spreads plus commission, while the Standard account uses marked-up spreads with no commission.

Which regulators license GO Markets?

GO Markets discloses four regulators across its corporate entities. The flagship licence sits with the Australian Securities and Investments Commission (ASIC) under AFSL 254963, issued to GO Markets Pty Ltd and active on the ASIC public register. Australia operates no investor compensation scheme for forex and CFD clients; disputes route through the Australian Financial Complaints Authority (AFCA).

The Cyprus entity, GO Markets Ltd, holds Cyprus Securities and Exchange Commission (CySEC) authorisation under licence number 322/17. CySEC clients fall under the Investor Compensation Fund (ICF), which can reimburse eligible retail claims up to €20,000 per client in the event of broker insolvency. The Cyprus licence also imposes Markets in Financial Instruments Directive (MiFID II) conduct rules.

The Mauritius entity holds an Investment Dealer (Full Service Dealer, excluding Underwriting) licence with the Financial Services Commission (FSC) under GB 19024896. The Seychelles entity, GO Markets International Ltd, holds a Securities Dealer licence with the Financial Services Authority (FSA) under SD043. Neither Mauritius nor Seychelles operates an investor compensation scheme, so client protection on those entities rests on the broker's own segregated-account arrangements.

Trading platforms

The broker supports a wide platform stack rather than a single proprietary tool. MetaTrader 4 and MetaTrader 5 (MT4 and MT5) remain the default, and cTrader and TradingView are available for traders who prefer those interfaces.

MetaTrader 4 and MetaTrader 5

MT4 covers forex, indices, commodities, and share CFDs through the MetaQuotes terminal. MT5 adds equities, exchange-traded funds, and a built-in economic calendar. Both versions accept Expert Advisor (EA) scripts for algorithmic trading and run on Windows desktop, web for Mac, and the MetaQuotes mobile apps.

cTrader and TradingView

cTrader from Spotware suits scalpers who want level II depth-of-market data and faster order modification. TradingView integration brings the platform's charting library and Pine Script community indicators to GO Markets accounts. Account holders fund a single trading wallet and route orders across any of the four external platforms.

GO WebTrader and GO TradeX

The firm also publishes a proprietary browser client, GO WebTrader, and a mobile-first platform branded GO TradeX. Both target traders who want a lighter interface than the MetaTrader suite without installing desktop software.

Account types

Four account models cover most retail and high-volume profiles. The choice between them turns on whether the trader prefers wider spreads with no commission or raw spreads with a per-lot commission.

Standard account

The Standard account uses spreads from 1.0 pip on EUR/USD with no commission. The minimum deposit is 200 USD and access covers more than 600 instruments across forex, indices, commodities, shares, and cryptocurrencies.

GO Plus+ account

GO Plus+ tightens raw spreads from 0.0 pip and charges a commission of 3 USD per side, or 6 USD per round-turn lot. This pricing structure suits high-frequency strategies where the spread cost dominates total trading cost.

GO Pro and Professional

The GO Pro account, offered under the Seychelles entity, raises leverage up to 1:300 with a minimum deposit of 3,000 USD. The Professional account, available under ASIC for clients who meet the wholesale-investor criteria, removes the 1:30 retail leverage cap and applies up to 1:500 with negative balance protection up to AUD 100,000.

Minimum deposit

The starting threshold is 200 USD on the Standard account. The GO Plus+ account opens at the same level, while GO Pro requires 3,000 USD. Wholesale-tier Professional clients negotiate funding levels directly with the broker rather than meeting a fixed minimum.

Compared with the typical industry standard-account minimum of 100-250 USD, the GO Markets entry point sits in the middle of the band. The broker does not advertise a no-minimum micro or cent account, which limits suitability for first-time traders testing strategies with very small balances.

Deposit and withdrawal methods

The broker accepts six funding categories.

• Bank wire transfer (1-3 business days)
• Visa and Mastercard debit and credit cards (same-day processing)
• Skrill and Neteller e-wallets
• PayPal (selected entities)
• BPay (Australian clients)
• Cryptocurrency rails on the Mauritius and Seychelles entities

Withdrawals return through the original deposit method, per anti-money-laundering rules. Bank-wire withdrawals take 3-5 business days; card and e-wallet withdrawals usually clear within 24 hours of the broker's internal approval window.

Tradeable instruments

Over 600 instruments span six asset classes. Forex coverage includes 50+ currency pairs across majors, minors, and exotics. Index CFDs cover the AUS200, US500, US30, GER40, and UK100 among others. Commodity CFDs include gold, silver, oil, and natural gas.

Equity CFDs cover Australian, US, and European blue chips. Cryptocurrency CFDs include BTC, ETH, LTC, and a smaller selection of altcoins, but crypto access varies by regulator and is restricted on the CySEC entity. Exchange-traded fund (ETF) CFDs are limited to MT5 accounts.

Spread and commission structure

Pricing splits by account model. Standard-account EUR/USD spreads start from 1.0 pip with no commission, AUD/USD from 1.2 pip, and gold from 25 cents. GO Plus+ spreads start from 0.0 pip on EUR/USD with a flat 6 USD round-turn commission per standard lot.

Effective EUR/USD cost on the GO Plus+ account works out near 0.6 pip after commission, placing it within the industry raw-account band of 0.5-0.8 pip. Index and commodity CFD spreads carry no commission across all account types; the cost is built into the displayed spread.

Leverage and margin requirements

Maximum leverage varies by regulator. ASIC and CySEC retail clients face a 1:30 cap on major forex pairs under local product-intervention rules, reduced to 1:20 on minor pairs, 1:10 on commodities, 1:5 on equities, and 1:2 on cryptocurrencies.

The Mauritius (FSC) and Seychelles (FSA) entities offer up to 1:500 on major forex pairs. The wholesale-classified Professional account under ASIC unlocks 1:500 for clients who meet the Corporations Act sophistication tests. Margin call sits at 100% equity-to-margin, with stop-out at 50% on retail accounts.

Customer support

Support runs 24 hours a day, 5 days a week, via live chat, email, and regional phone lines. The Melbourne head office handles Australian inquiries, and the Cyprus office covers European queries during EU business hours. Support languages include English, Chinese, Vietnamese, Spanish, Arabic, and Thai.

Each retail account also receives an assigned account manager once funded above a threshold the broker sets per entity. Wholesale and Professional clients gain priority phone support and direct desk routing.

Mobile app and trading experience

The mobile stack covers the MetaQuotes MT4 and MT5 apps, the cTrader mobile app, TradingView mobile, and the broker's own GO TradeX. GO TradeX targets newer traders with simplified order tickets, while the MetaQuotes apps expose full EA management and indicator stacks.

The MetaQuotes apps remain the most feature-complete option for active traders; GO TradeX prioritises clean charts and one-tap order flow. Both iOS and Android versions are available, and an iPad-optimised layout ships with the MetaQuotes MT5 app.

Fees beyond the spread

The broker applies an inactivity fee after 12 months of dormancy. Deposits are free of charge; the broker absorbs card and e-wallet processing costs. Some bank-wire withdrawals incur an intermediary-bank fee that depends on the receiving country.

Overnight swap charges apply to positions held past 5 pm New York time, calculated per instrument and account currency. Islamic (swap-free) accounts replace overnight swaps with an administrative fee on positions held beyond a grace period defined per asset.

GO Markets bottom line

The broker's strongest signal is the combination of an ASIC licence held continuously since 2006 with a CySEC licence covering European clients under MiFID II. That regulatory footprint, paired with the platform breadth of MT4, MT5, cTrader, and TradingView, makes the firm a credible option for traders who want established Tier-1 oversight without giving up MetaTrader access.

The catch sits at the edges. Australia carries no statutory investor compensation scheme for forex and CFD clients, which leaves the safety net thinner than an FCA setup backed by the Financial Services Compensation Scheme. The 200 USD minimum deposit will deter complete beginners who want to test with very small balances. The 1:500 leverage offered through the Mauritius and Seychelles entities falls outside Tier-1 retail rules, so traders chasing higher leverage exchange investor protection for it.

Best fit: intermediate to active traders based in Australia, the European Union, or non-EU markets who want a multi-platform broker with verified Tier-1 oversight and accept the 1:30 retail leverage cap in exchange for tighter regulatory protection.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.