What is GO Markets?

GO Markets is an online forex and CFD broker that provides a platform for trading various financial instruments, including currencies, commodities, indices, and cryptocurrencies.

When Did It Start Operating?

GO Markets was founded in 2006.

Where Is Its Headquarters?

The company is headquartered in Melbourne, Australia.

In Which Countries Is It Restricted?

GO Markets may be restricted in countries with strict financial regulations, such as the United States and some regions within the European Union. It’s advisable to check their official website for specific restrictions.

Advantages:

• Regulated Broker: GO Markets is regulated by the Australian Securities and Investments Commission (ASIC), which adds credibility and security.
• Variety of Account Types: Offers multiple account types to cater to different trading styles and preferences.
• Competitive Spreads: Provides competitive spreads, starting from as low as 0.0 pips on certain accounts.
• Educational Resources: Offers a range of educational materials, including webinars and trading guides.

Disadvantages:

• Withdrawal Fees: Some withdrawal methods may incur fees.
• Limited Cryptocurrency Options: The selection of cryptocurrencies is not as extensive compared to some other brokers.
• Platform Limitations: Some users may find the proprietary platform less robust compared to industry-standard platforms like MetaTrader 4 and 5.

Which Instruments Can I Trade?

You can trade a wide array of instruments, including:

• Forex pairs (major, minor, and exotic)
• Commodities (like gold, silver, and oil)
• Indices (such as the ASX 200 and S&P 500)
• Shares (stocks from various international companies)
• CFDs on cryptocurrencies

What Is the Trading Fee?

GO Markets primarily charges spreads, which can start from 0.0 pips on certain accounts, though a commission may apply depending on the account type and conditions.

Does It Allow Scalping?

Yes, GO Markets allows scalping, making it suitable for traders who engage in short-term trading strategies.

Is There a Trading Platform?

Yes, GO Markets offers multiple trading platforms, including:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)

Is Margin Trading Available?

Yes, GO Markets provides margin trading with leverage options that can reach up to 1:500, depending on the asset class and account type.