Go Markets Review – is Go Markets Scam or Legit Broker?

Go Markets

2.1

Rating

2.1/5

Pros

  • Demo trading accounts
  • ASIC regulation and licensing
  • MetaTrader 4 and also for cellular trading

Cons

  • No USA traders
  • Not Governed by the Financial Conduct Authority
  • No assets
  • FCA worries of clone companies

Go Markets is owned and operated by Go Markets Pty Limited using AFSL permit #254963, ACN #081864039, and also ABN Number 85081864039. This Forex brokerage is licensed to give Forex trading solutions to legal era customers in Australia. In addition, affiliated businesses with Go Markets offer solutions to customers worldwide. The Forex broker is headquartered in Melbourne, Victoria in Australia. Customers have use of multiple programs, and also various financial tools. These generally include Forex, indices, commodities, and cryptocurrencies. To facilitate comprehension of this Forex stores in no risk into this trader, Go Markets offers a demo account in addition to an extensive education center.

Overview/ desktop

Go Markets is led by a group of experts. These generally include economic analysts who have comprehensive insights in to the Asian store, ” the Australian store, and also the New Zealand store. Some of many primary governments at Go Markets is currently Mike Huang with extensive experience within an options trader along with also an equity trader. Customers may access an abundance of educational tools available on FX trading having an effort demonstration accounts, and also a live accounts option. This Forex brokerage utilizes MetaTrader 4 and portable trading platforms together side a range of Forex trading applications that will allow you to obtain the absolute most from your own sessions.

Go Markets comes with a superb evaluation on Trustpilot UK having a 5star review, signaling that customers trust that the Forex services supplied via this brokerage. The ASIC regulated brokerage contains benefits like hedging, Indices, STP and very low minimum deposit. The security protocols in this place require that customers scan a copy in their federal ID, passport, or even driving permit. Additional security confirmation approaches will also be needed like utility bills, bank statements and proof of home address. Customers have to indicate their degree of trading experience, to simplify the enrollment procedure.

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Account Types

Go Markets contains 3 account types. These contain a Standard Account, a Pro Account, and also a Plus accounts.

Standard account: This may be the most elementary account option readily available to Forex traders also it includes zero commission trades, 24/5 support and spreads out as few as 1.1 pips. There’s a $200 minimum deposit required.

Pro accounts: The Pro accounts has spreads out as little as 0.1 pips, and also the prices are $3.50 each side. Customer care is obtained 24/5 and the minimum deposit is $1000.

Plus accounts: a $500 minimum deposit is required to start an account, however, there are lots of profits like raw spreads out as few as 0.0 pips. The fees will be $5 each side, also this accounts option comes with a separate account manager. Customers have free usage of MetaTrader 4 Genesis along with Autochartist.

Trading Platform/ applications

The trading programs involve MetaTrader 4 to Windows, Mac and mobile. MetaTrader 4 is currently offered in an effort demo accounts, and also an account. For Forex traders, it’s a no-brainer – MT4 is thought of as the golden standard. Really, it had been Go Markets that before all else attracted MetaTrader 4to Australia since 2006. Therefore, this brokerage has over a few years of experience utilizing this platform to the traders. Now, an extra choice of trading applications called MT4 Genesis was introduced. One of the countless profits of this trading platform include EAs (Expert Advisors), VPS options, mobile trading about MetaTrader 4, advanced charting features, and also rapid executions of trades.combined, customers have access to 60 trading tools around MetaTrader 4. Included in these are binary options, indices, commodities, and even FX pairs. MetaTrader 4 classes offer a handy supplement to PC, Mac and cell traders. It is possible to download setup manuals and get a wealth of indexes, economic calendars and store requests in your own leisure.

MetaTrader 4 to mobile features 30 technical indicators, purchase and sell orders, realtime prices and instant executions of trades. Customers also obtain to benefit from some great profits of both MT4 internal email, also anytime/anywhere trading. The program is obtained straight through the Google Play Store, and also even the App Store. As a result of this highly effective mobile trading program, customers can certainly start a merchant accountto manage their stocks, open or close prices, and also alter present deals. There are lots of graphs and indexes readily available, and you also are able to view your own trading history and revel in store news at the click of a single button. Luckily, a demonstration trading option will be available to customers too.

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Deposit options

The assortment of deposit techniques comprises these: international transfers (bank wire transfers), BPAY, bank cards, and charge cards. Customers could finance their account with a vast array of monies like the Singapore dollar, New Zealand dollar, EUR, US dollar, Australian dollar, and the British pound. Deposits which is created by charge card or bank card in Australian dollars will incur a 1.8percent commission, while residue made in different currencies are susceptible to a 3% handling commission.

Markets

There are four broad classes of goods available to customers: Forex (FX) indices, commodities, along with cryptocurrencies.

Forex – Forex comprises the EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, NZD/USD, along with EUR/JPY. The complete selection of major pairs, little pairs, and also exotic money pairs is found.

Indices – FTSE 100, CAC 40, S&P 500, EuroStoxx50, Ibex 35, Dow Jones Industrial Average, NASDAQ 100, Nick a 225, Hang Seng, India 50 yet others.

Commodities – Brent crude oil, WTI crude oil, palladium, gold, silver, gold

Cryptocurrencies – Bitcoin along with Ethereum

Bonuses

You are able to access the list of promotions in Go Markets by subscribing into the webpage. Now you ‘ll be rewarded using AUD$100 for every friend that you consult with the brokerage (T&C employ ). To find additional details with the or some additional bonuses which is found, only contact the support team. To UK customers, it’s ‘s crucial to keep in your mind that no FCA-regulated brokerage is allowed to provide bonuses for traders.

Support

You are able to enjoy 24/5 support out of Go Markets. The cell phone number for Australia is currently 1-800-885-57 one. If you’re obtaining the Forex platform from abroad, you need to make use of the global telephone numbers. For UK customers, the quantity is 44-203-637-7618. For global customers, the cell phone number is 61-3-8566-7680. Email service might be addressed for the following address: [emailprotected]. Additional touch options include frequently demand questions and live-chat plagued by Zendesk (when available).

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Safety

Go Markets is ensured secure and safe. To begin with, this Forex brokerage is completely licensed and regulated to provide RealMoney trading on Australian along with other customers thanks to ASIC. The Australian Investments and Security Commission will be the equal of this FCA down beneath. This brokerage also holds Australian Financial Services Licensing (Number 254963). The Business also has offices across the world, especially in Italy, China, France, Spain, Germany and the United Kingdom.

Ease of Use

Go Markets is not difficult touse. There are numerous platforms, financing options, services and products, news updates, and educational tools that will help you on your trading actions. The business features leverage of 300:1 along with also an estimated 50 FX pairs. Goods and indices is purchased, along with Bitcoin and Ethereum. You may not have any issues registering this broker, given you’re out of a qualified country.

Final Thoughts

With profits out as little as 0.0 pips and prices just AUD $, this is only one of those greater Forex brokers available on the store. When there are no assets available, Forex, commodities, and also indices offer a large quota of tools to trade. The demonstration accounts is specially useful since it supplies a safe means to trade.

Internet Site:
www.gomarkets.com.au
Telephone:
61 3 8566 7680
Legislation:
ASIC
Pairs provided:
EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, NZD/USD, along with EUR/JPY.
Minimum Deposit:
$200
Spreads From:
1.2 PIPs
Max Leverage:
300:1
Markets:
Forex, indices, commodities, and Crypto Currencies