Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
GO Markets Pros & Cons
- The parent company has been in operation for decades and its activities are under the control of several regulators.
- The ability to trade with both classic and ECN accounts.
- Low deposit size on professional accounts.
- Free access to Trading Central analytics and MetaTrader Genesis tools.
- Low trading fees on all account types.
- There are no limitations on trading strategies.
- Free deposit and withdrawal of funds.
- There are no cent accounts.
TU Expert Verdict
GO Markets demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
GO Markets User Reviews
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5-star
0%
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4-star
11%
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3-star
78%
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2-star
0%
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1-star
11%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria10 /10The trading and non-trading commissions of GO Markets have been analyzed and rated as having Low fees, with a fees score of 10/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is GO Markets Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria9.9 /10GO Markets has a safety score of 9.9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record over 20 years
- Strict requirements and extensive documentation to open an account
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5 /10GO Markets offers the following account options: Demo, Standard, ECN/Raw spread, Micro.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Standard account with balanced trading conditions
- Demo account
- No Swap Free account
- No Cent account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7.7 /10GO Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria8.8 /10GO Markets provides a standard range of trading assets in line with the market average. The platform includes 1000 assets in total and 60 Forex currency pairs.
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Trading Account Opening
We successfully registered an account with GO Markets in 20 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at GO Markets is $100.Score:We evaluated Trading Account Opening at GO Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria8.9 /10GO Markets received a score of 8.9/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria2 /10 -
Customer Support
Score:We evaluated Customer Support at GO Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.5 /10
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FAQs
How secure is trading with GO Markets in terms of regulation and client protection?
GO Markets has a safety score of 9.9/10 and is regulated by Tier-1 authorities such as CySEC in Cyprus and ASIC in Australia, as well as Tier-3 regulators in Mauritius and Seychelles. The broker offers negative balance protection, requires KYC verification, and clients under CySEC regulation may have access to an investor protection fund of up to €20,000, while other regulators listed do not specify a dedicated compensation fund.
What account types and trading conditions are available at GO Markets?
GO Markets offers Demo, Standard, ECN/Raw spread (GO Plus), and Micro accounts, but does not provide Cent, Swap Free, VIP, or managed accounts. The Standard account has spreads from 1 pip and a minimum deposit of €100, while the GO Plus account has spreads from 0.0 pips with a €2 per side commission per standard lot and a minimum deposit of €250; leverage ranges from 1:5 to 1:30 depending on the asset class, and demo accounts are valid for 30 days.
What do GO Markets user reviews and feedback scores reveal about client satisfaction?
GO Markets has a user satisfaction score of 5.8/10 based on 18 reviews, with 78% of ratings at 3 stars, 11% at 4 stars, and 11% at 1 star, and no 5-star ratings. According to user reviews, this distribution suggests a generally mixed experience, with neither strongly positive nor strongly negative overall sentiment indicated in this section.
Which trading platforms and tools does GO Markets provide for forex and CFD trading?
GO Markets supports MT4, MT5, cTrader, and WebTrader, and allows features such as one-click trading, scalping, trading bots (EAs), and access to 168 indicators across about 1,000 tradable assets. Additional tools include Trading Central, Autochartist, and a free VPS, while TradingView integration, an API, and a strategy (EA) builder are not available.
What do user reviews and comments indicate about the GO Markets mobile trading apps?
GO Markets offers mobile apps for both iOS and Android but has a mobile section score of 2/10, with reported total downloads of 1 and no recorded App Store or Google Play ratings in this data. Based on available user reviews and metrics in this section, mobile 2FA, indicators, and alerts are not supported, and overall user interest or app performance appears limited according to the provided figures.
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