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GO Markets Review

Go-Markets-broker-review

 

Overall, GO Markets can be summarised as a safe broker that provides competitive spreads on Contracts for Difference (CFDs). It offers 600+ trading instruments with a trust score of 98 out of 100.  GO Markets is fully regulated by the Financial Services Commission (FSC).

 

🛡️Regulated and trusted by FSC.
🛡️2608 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

 

🔎 Broker🥇 GO Markets
📌 Year Founded2006
👤 Amount of StaffApproximately 100
👥 Active TradersOver 10,000
📍 Publicly TradedNone
⭐ Regulation and SecurityHigh
🛡️ RegulationFSC
↪️ Account Segregation✅Yes
🚨 Negative Balance Protection✅Yes
⚙️ Account Types and FeaturesGO Plus+
Standard
1️⃣ Institutional Accounts✅Yes
2️⃣ Managed Accounts✅Yes
🪙 Minor Account Currencies✅Yes
💰 Minimum Deposit200 USD
⏰ Avg. Deposit Processing TimeInstant
⏱️ Avg. Withdrawal Processing Time1-3 Business
Days
💴 Fund Withdrawal FeeNone
▶️ Spreads From0.0 pips
💶 CommissionsVaries based on
account type
💵 Number of Base Currencies10+
💷 Swap Fees✅Yes
⏹️ LeverageUp to 500:1
⏺️ Margin RequirementsVaries based
on asset class
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
⏲️ Order Execution Time< 1 second
(typical)
↘️ VPS HostingAvailable
📈 CFDs Total Offered1,000+
📉 CFD Stock Indices✅Yes
🍎 CFD Commodities✅Yes
📊 CFD Shares✅Yes
🅰️ Deposit OptionsCredit/Debit Cards,
Bank Transfer,
eWallets
🅱️ Withdrawal OptionsBank Transfer,
Credit/Debit Cards,
eWallets
🖥️ Trading PlatformsMetaTrader 4
MetaTrader 5
cTrader
GO WebTrader
Mobile
💻 OS CompatibilityWindows,
macOS,
Mobile
🤖 Forex Trading ToolsTrading Signals
Market Analysis Tools
Economic Calendar
❤️ Customer SupportResponsive
🥰 Live Chat✅Yes
💌 Support Emailsupport.mu@gomarkets.com
☎️ Support Contact+230 5869 0074
🐦 Social MediaFacebook
Twitter
LinkedIn
🗯️ LanguageEnglish
Chinese
Japanese
Arabic
✏️ Forex Course✅Yes
📔 Webinars✅Yes
📚 Educational ResourcesArticles
Tutorials
Market News
📒 Affiliate Program✅Yes
📑 IB Program✅Yes
🗃️ Sponsor Notable Events/Teams✅Yes
💳 Rebate Program✅Yes
🔖 Cent AccountsNone
🏷️ Micro AccountsNone
😊 Suited to Beginners✅Yes
😎 Suited to Professionals✅Yes
🔋 Suited to Active Traders✅Yes
♒ Suited to Scalpers✅Yes
🌞 Suited to Day Traders✅Yes
🚀Open an Account👉 Open Account

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

GO Markets Review – Analysis of Brokers’ Main Features

 

  1. ☑️ Overview
  2. ☑️ Detailed Summary
  3. ☑️ Safety and Security
  4. ☑️ Affiliate Program
  5. ☑️ Minimum Deposit and Account Types
  6. ☑️ How to Open a GO Markets Account
  7. ☑️ Trading Platforms
  8. ☑️ Fees, Spreads, and Commission
  9. ☑️ Deposit and Withdrawal
  10. ☑️ Customer Reviews
  11. ☑️ Pros and Cons
  12. ☑️ In Conclusion
  13. ☑️ Frequently Asked Questions

 

 

Overview

GO Markets, founded in 2006, is a well-established Forex broker with approximately 100 staff members and over 10,000 active traders. Regulated by the Financial Services Commission (FSC), GO Markets prioritizes security through account segregation and negative balance protection. The broker offers a variety of account types, including GO Plus+ and Standard, with a minimum deposit of just $200.

Traders can benefit from low spreads starting at 0.0 pips, leverage of up to 500:1, and access to over 1,000 CFDs across various asset classes. The broker supports multiple deposit and withdrawal options, alongside advanced trading platforms like MetaTrader 4 and MetaTrader 5.

 

Frequently Asked Questions

 

What is the leverage offered by GO Markets?

GO Markets offers leverage of up to 500:1, allowing traders to enhance their positions.

 

Can I open an Islamic (swap-free) account?

GO Markets offers the option to open a swap-free Islamic account.

 

What trading platforms do GO Markets support?

GO Markets supports several trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, GO WebTrader, and mobile versions.

 

What is the order execution time?

The typical order execution time at GO Markets is less than 1 second.

 

Our Verdict

GO Markets excels in providing a secure and user-friendly trading environment with low costs and extensive educational resources, making it ideal for both new and experienced traders.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Detailed Summary

 

🔎 Broker🥇 GO Markets
📌 Year Founded2006
👤 Amount of StaffApproximately 100
👥 Active TradersOver 10,000
📍 Publicly TradedNone
⭐ Regulation and SecurityHigh
🛡️ RegulationFSC
↪️ Account Segregation✅Yes
🚨 Negative Balance Protection✅Yes
⚙️ Account Types and FeaturesGO Plus+
Standard
1️⃣ Institutional Accounts✅Yes
2️⃣ Managed Accounts✅Yes
🪙 Minor Account Currencies✅Yes
💰 Minimum Deposit200 USD
⏰ Avg. Deposit Processing TimeInstant
⏱️ Avg. Withdrawal Processing Time1-3 Business
Days
💴 Fund Withdrawal FeeNone
▶️ Spreads From0.0 pips
💶 CommissionsVaries based on
account type
💵 Number of Base Currencies10+
💷 Swap Fees✅Yes
⏹️ LeverageUp to 500:1
⏺️ Margin RequirementsVaries based
on asset class
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
⏲️ Order Execution Time< 1 second
(typical)
↘️ VPS HostingAvailable
📈 CFDs Total Offered1,000+
📉 CFD Stock Indices✅Yes
🍎 CFD Commodities✅Yes
📊 CFD Shares✅Yes
🅰️ Deposit OptionsCredit/Debit Cards,
Bank Transfer,
eWallets
🅱️ Withdrawal OptionsBank Transfer,
Credit/Debit Cards,
eWallets
🖥️ Trading PlatformsMetaTrader 4
MetaTrader 5
cTrader
GO WebTrader
Mobile
💻 OS CompatibilityWindows,
macOS,
Mobile
🤖 Forex Trading ToolsTrading Signals
Market Analysis Tools
Economic Calendar
❤️ Customer SupportResponsive
🥰 Live Chat✅Yes
💌 Support Emailsupport.mu@gomarkets.com
☎️ Support Contact+230 5869 0074
🐦 Social MediaFacebook
Twitter
LinkedIn
🗯️ LanguageEnglish
Chinese
Japanese
Arabic
✏️ Forex Course✅Yes
📔 Webinars✅Yes
📚 Educational ResourcesArticles
Tutorials
Market News
📒 Affiliate Program✅Yes
📑 IB Program✅Yes
🗃️ Sponsor Notable Events/Teams✅Yes
💳 Rebate Program✅Yes
🔖 Cent AccountsNone
🏷️ Micro AccountsNone
😊 Suited to Beginners✅Yes
😎 Suited to Professionals✅Yes
🔋 Suited to Active Traders✅Yes
♒ Suited to Scalpers✅Yes
🌞 Suited to Day Traders✅Yes
🚀Open an Account👉 Open Account

 

Frequently Asked Questions

 

Does GO Markets offer forex trading tools?

GO Markets provides various forex trading tools, including trading signals and market analysis tools.

 

Is customer support available via live chat?

GO Markets offers responsive customer support through live chat.

 

What languages is the GO Markets website available in?

The GO Markets website is available in several languages, including English, Chinese, Japanese, and Arabic.

 

Does GO Markets have an affiliate program?

GO Markets has an affiliate program that allows partners to earn commissions.

 

Our Verdict

With a strong regulatory background, competitive spreads, and various account options, GO Markets is a solid choice for active traders seeking a comprehensive trading platform.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Safety and Security

GO Markets is licensed by the Financial Services Commission (FSC) of Mauritius and client funds are kept in segregated accounts.

 

Frequently Asked Questions

 

What is GO Markets’ regulatory status?

GO Markets is licensed by the Financial Services Commission (FSC) of Mauritius, ensuring adherence to strict financial regulations.

 

How does GO Markets protect client funds?

Client funds at GO Markets are held in segregated accounts, separating them from the company’s operational funds to enhance security.

 

What is the significance of segregated accounts?

Segregated accounts ensure that client funds are protected and can only be used for trading activities, reducing risk in case of company insolvency.

 

Is GO Markets a safe option for trading?

Yes, with regulatory oversight from the FSC and the use of segregated accounts, GO Markets prioritizes the security of its clients’ funds.

 

Our Verdict

GO Markets offers a secure trading environment through its FSC licensing and the use of segregated accounts, ensuring client funds are protected and regulated.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Affiliate Program

GO Markets offers an attractive Referral Partnership Program designed for individuals and organizations looking to monetize their trading communities. With a strong brand reputation and a proven track record, GO Markets provides a seamless experience for partners who wish to refer clients to a leading Forex broker.

By joining the program, you gain access to competitive remuneration, marketing resources, and a user-friendly dashboard to track your referrals. Whether you run a website, forum, or group of traders, our program empowers you to focus on generating new client traffic without the hassle of managing existing clients.

 

Frequently Asked Questions

 

What is the GO Markets Referral Partnership Program?

The GO Markets Referral Partnership Program allows individuals and organizations to earn commissions by referring new clients to GO Markets. Partners can benefit from a multi-level commission structure and access various marketing resources.

 

How do I sign up for the Referral Program?

To sign up, simply read and accept our Client Referral Guidelines and Client Referral Agreement. After that, you can complete the registration process on our website to become a Referral Partner.

 

What kind of remuneration can I expect?

Referral partners can earn up to $5 per lot traded by the clients they refer. The program offers flexible terms and real-time payment options, making it easy to benefit from your referrals.

 

What resources are available for Referral Partners?

GO Markets provides a range of marketing materials, including banners and promotional content, as well as access to a dashboard for tracking referrals and commissions. Additionally, partners benefit from cookie tracking to ensure proper commission attribution.

 

Our Verdict

Joining the GO Markets Referral Partnership Program offers a lucrative opportunity to monetize your trading network while partnering with a respected Forex broker.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Minimum Deposit and Account Types

GO Markets provides tailored account options designed to suit various trading styles. The GO Plus+ Account is ideal for higher-volume and EA traders, offering ultra-low spreads from 0.0 pips and a commission of $2.50 per side on standard FX lots.

Alternatively, the Standard Account features fast execution with a commission-free structure and spreads starting from 0.8 pips. Both accounts allow leverage of up to 500:1 and support a wide range of base currencies, ensuring flexibility and efficiency for all traders.

 

Frequently Asked Questions

 

What are the main differences between the GO Plus+ and Standard Accounts?

The GO Plus+ Account offers lower spreads (from 0.0 pips) and a commission of $2.50 per side, while the Standard Account has spread from 0.8 pips with no commissions, making it simpler for those who prefer a commission-free structure.

 

What is the minimum deposit required to open an account?

The minimum deposit varies by account type, but specific figures can typically be found on the GO Markets website during the account setup process.

 

Are there any restrictions on trading styles?

Both account types support a variety of trading styles, including scalping and the use of Expert Advisors (EAs), giving traders the freedom to implement their preferred strategies.

 

How can I get assistance in choosing the right account?

You can reach out to a personal account manager at GO Markets, who will discuss your trading needs and help you select the most suitable account type.

 

Our Verdict

Selecting the right trading account is essential for maximizing your trading potential. With GO Markets’ GO Plus+ and Standard Accounts, traders have the flexibility to choose an account that aligns with their strategies and goals.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

How to Open a GO Markets Account

To start the account registration process, the applicant can simply click on the green “Open CFD Account” button located at the top right of the GO Markets webpage. The Registration process has 5 Steps that need to be completed.  This includes Trading Preferences, Funds, and Trade.  Once these steps have been completed, the first deposit can be made.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Trading Platforms

GO Markets offers a diverse range of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and their respective copy trading options. MetaTrader 4 provides a user-friendly experience with fast execution and advanced charting, catering to both new and experienced traders.

MetaTrader 5 enhances this with multi-asset trading capabilities and professional technical analysis. For those interested in social trading, MetaTrader Copy Trader allows users to follow and replicate successful traders effortlessly. Meanwhile, cTrader combines advanced customization with a user-friendly interface, and cTrader Copy Trading offers automated trading strategies.

With mobile trading and a web-based solution available, GO Markets ensures traders have access to powerful tools wherever they are.

 

Frequently Asked Questions

 

What are the key features of MetaTrader 4?

MetaTrader 4 offers fast execution, advanced charting options, and support for Expert Advisors and VPS options, making it suitable for all types of traders.

 

How does MetaTrader 5 differ from MetaTrader 4?

MetaTrader 5 allows for trading across multiple asset classes and provides advanced features like professional technical analysis and algorithmic trading applications, enhancing overall trading precision.

 

What is the benefit of using the Copy Trader feature?

MetaTrader Copy Trader allows users to automatically replicate the trades of experienced traders, providing an easy way to benefit from their strategies without the need for constant monitoring.

 

Can I trade on the go?

Yes, both MetaTrader 4 and MetaTrader 5 are available as mobile apps for Android and iOS, allowing you to trade Forex, Indices, and Commodities anytime and anywhere.

 

Our Verdict

With a wide range of advanced trading platforms and tools, GO Markets caters to the diverse needs of traders, whether they prefer traditional trading or automated strategies. By leveraging these powerful platforms, you can enhance your trading experience and capitalize on market opportunities more effectively.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Fees, Spreads, and Commission

GO Markets offers competitive fees, spreads, and commissions tailored to different trading styles through its GO Plus+ and Standard Accounts. The GO Plus+ Account is designed for higher-volume and EA traders, featuring ultra-low spreads starting from 0.0 pips and a commission of $2.50 per side on standard FX lots.

In contrast, the Standard Account provides fast execution with spreads from 0.8 pips and no commissions, making it ideal for traders who prefer a straightforward approach. Both accounts allow leverage of up to 500:1 and support multiple base currencies.

 

Frequently Asked Questions

 

What are the spreads for each account type?

The GO Plus+ Account offers spreads from 0.0 pips, while the Standard Account features spreads starting from 0.8 pips.

 

Is there a commission for the Standard Account?

No, the Standard Account has a commission-free structure, while the GO Plus+ Account charges $2.50 per side on FX standard lots.

 

What is the maximum leverage available?

Both account types offer leverage of up to 500:1, providing traders with significant flexibility in their trading strategies.

 

Are there any additional fees I should be aware of?

In addition to spreads and commissions, traders should be aware of potential fees related to withdrawals or inactivity, depending on account activity. It’s best to check the latest fee schedule on the GO Markets website.

 

Our Verdict

GO Markets provides clear and competitive options through its GO Plus+ and Standard Accounts, allowing you to choose the best fit for your trading style.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Deposit and Withdrawal

GO Markets provides a range of account funding and account withdrawal options in multiple base currencies.  Deposit Options include MasterCard, Visa, Skrill, and Neteller.  GO Markets withdrawal may be processed the same day or within 48 hours.

 

Frequently Asked Questions

 

What deposit options does GO Markets offer?

GO Markets provides various deposit options, including MasterCard, Visa, Skrill, and Neteller, allowing you to fund your account conveniently.

 

Are there any fees associated with deposits or withdrawals?

Generally, GO Markets does not charge fees for deposits or withdrawals. However, it’s always advisable to check with your payment provider for any potential fees.

 

How long does it take for withdrawals to be processed?

Withdrawals at GO Markets may be processed the same day or within 48 hours, ensuring you can access your funds promptly.

 

Can I withdraw in a different currency than my account-based currency?

Withdrawals are typically processed in the same currency as your account’s base currency. If you wish to withdraw in a different currency, it may be subject to conversion fees from your payment provider.

 

Our Verdict

GO Markets offers a flexible range of account funding and withdrawal options, making it easy for traders to manage their funds in multiple base currencies.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Customer Reviews

 

🥇 Great Stuff!

I’ve been trading with GO Markets for over a year, and I couldn’t be happier. Their platform is user-friendly, and I love the low spreads. The educational resources helped me improve my trading skills significantly. Customer support is also top-notch! – Lucy

 

🥈 Happy Client.

GO Markets offers a great trading experience, especially for someone like me who is relatively new. The demo account was incredibly helpful for practicing without risk. The only downside is that I wish they had more account types available, but overall, I’m satisfied. – Steve

 

🥉 Highly Recommended.

As a professional trader, I appreciate the leverage and fast execution times that GO Markets provides. Their range of CFDs is impressive, and I’ve been able to diversify my portfolio effectively. Plus, their live chat support is quick and very helpful! – Michael

 

GO Markets Customer Reviews

 

Pros and Cons

 

✅ Pros❌ Cons
User-friendly trading platformsLimited account types available
Low spreads starting from 0.0 pipsSome withdrawal methods may take longer
High leverage options up to 500:1Limited educational resources for advanced traders
Strong regulatory oversight (FSC)No cent or micro accounts offered
Excellent customer support availabilityTrading costs may vary based on account type
Wide range of CFDs and trading instrumentsNo proprietary trading platform
Negative balance protectionFees may apply for VPS hosting
Instant deposit processingLimited social trading features

 

GO Markets Pros and Cons

 

In Conclusion

GO Markets stands out as a reliable choice for both beginners and seasoned traders alike. With a robust regulatory framework, competitive trading conditions, and a wide array of educational resources, the broker caters to diverse trading needs. Whether you’re interested in forex trading or CFDs, GO Markets provides the necessary tools and support to enhance your trading experience.

 

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Frequently Asked Questions

 

What year was GO Markets founded?

GO Markets was founded in 2006.

 

How many active traders do GO Markets have?

The broker currently has over 10,000 active traders.

 

Is GO Markets publicly traded?

No, GO Markets is not a publicly traded company.

 

Which regulatory body oversees GO Markets?

GO Markets is regulated by the Financial Services Commission (FSC).

 

Does GO Markets provide negative balance protection?

Yes, GO Markets offers negative balance protection to safeguard traders.

 

What is the minimum deposit required?

The minimum deposit required to open an account with GO Markets is $200.

 

What types of accounts does GO Markets offer?

GO Markets offers GO Plus+ and Standard accounts for different trading preferences.

 

Is there a demo account available?

GO Markets provides a demo account for traders to practice and test strategies.

 

What is the average withdrawal processing time?

The average withdrawal processing time at GO Markets is typically 1 to 3 business days.

 

Are there any fund withdrawal fees?

No, there are no fees for withdrawing funds from your GO Markets account.

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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