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.
GO Markets is an international investment company with several representative offices regulated by СySec 322/17 (Cyprus) and FSC GB19024896 (Mauritius). It specializes in CFD transactions on currency pairs, indices, commodities, and metals. It offers Standard and ECN accounts, MetaTrader 4 and MetaTrader 5 terminals, access to professional analytics, and free training webinars. The GO Markets parent company was founded in 2006 and is regulated by ASIC.
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
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4-star
11%
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3-star
78%
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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
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of GO Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, GO Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
GO Markets Standard spreads GO Markets OANDA FOREX.com EUR/USD min, pips 0.4 0.1 0.7 EUR/USD max, pips 1.2 0.5 1.2 GPB/USD min, pips 0.5 0.1 0.9 GPB/USD max, pips 1.1 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
GO Markets RAW/ECN spreads GO Markets OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2.5 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.2 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with GO Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
GO Markets Non-Trading Fees GO Markets OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
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
GO Markets Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level CySec
Full Name Cyprus Securities and Exchange Commission Country of regulation Cyprus Investor Protection Fund Up to €20,000 Regulation Level Tier-1 ASIC
Full Name Australian Securities and Investments Commission Country of regulation Australia Investor Protection Fund No specific fund but has stringent consumer protection Regulation Level Tier-1
FSC (Mauritius) Full Name Financial Services Commission of Mauritius Country of regulation Mauritius Investor Protection Fund No specific fund Regulation Level Tier-3 FSA (Seychelles)
Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3 GO Markets Security Factors Foundation date 2006 Negative balance protection YesVerification (KYC) Yes -
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
- Forex account with Micro lots
- Standard account with balanced trading conditions
- No Swap Free account
- No Cent account
GO Markets account types vs top competitors GO Markets Plus500 OANDA Standard YesYesYesECN/Raw spread YesNoYesDemo YesYesYesCent NoNoNoMicro YesNoYesSwap Free NoNoYesVIP NoNoNoManaged NoNoNoGO Markets accounts trading conditions
Traders can trade in GO Markets on one of two account types such as Standard or GO Plus. The minimum trade size is 0.01 lot, the leverage is 1:5-1:30, depending on the asset class. A user account manager shall be assigned to all accounts opened with the company.
Account types:
Account Type Description Standard is the classical account for trade with narrow spreads from 1 pip and high speed of execution without a turnover fee. The minimum deposit is €100 or the equivalent in another currency. GO Plus is the type of account for experienced traders, who trade large volumes, including using EAs. After its opening, you need to deposit at least €250 (or the equivalent amount in the available account currency). This account has minimal spreads (from 0.0 pip), but there is an extra trading commission of €2 per side of a standard lot. You can open a demo account in any version of MT4 and MT5 terminals. The validity period of the demo account is 30 days.
The GO Markets broker offers Standard and professional accounts for trading different CFD classes, as well as demo accounts and access to advanced analytics from reputable third-party market data providers.
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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.
GO Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- Minimum deposit below industry average
- Bank card deposits and withdrawals
- Bitcoin (BTC) accepted
- Limited deposit and withdrawal flexibility, leading to higher costs
- BTC not available as a base account currency
- PayPal not supported
What are GO Markets deposit and withdrawal options?
GO Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.
GO Markets Deposit and Withdrawal Methods vs Competitors GO Markets Plus500 OANDA Bank Wire YesYesYesBank card YesYesYesPayPal NoYesYesWise NoNoNoBTC YesNoYesWhat are GO Markets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. GO Markets supports the following base account currencies: USD, EUR, GBP, AUD, CAD, CHF, NZD, PLN, SGD, HKD.
What are GO Markets's minimum deposit and withdrawal amounts?
The minimum deposit on GO Markets is $100, while the minimum withdrawal amount is $30. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact GO Markets’s support team.
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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.
- Crypto trading
- Indices trading
- ETFs investing
- Regional restrictions are possible
Supported markets vs top competitors
We have compared the range of assets and markets supported by GO Markets with its competitors, making it easier for you to find the perfect fit.
GO Markets Plus500 OANDA Currency pairs 60 60 68 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 1000 2800 129 Stocks YesYesYesCommodity futures YesYesYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesYesStock indices YesYesYesOptions NoYesNoInvestment options
We also explored the trading assets and products GO Markets offers for beginner traders and investors who prefer not to engage in active trading.
GO Markets Plus500 OANDA Bonds YesNoYesETFs YesYesNoCopy trading YesNoYesPAMM investing YesNoNoManaged accounts NoNoNo -
Trading Account Opening
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 /10We 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. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Quick KYC verification (1 business day or less)
- Fully online account opening process
- Low minimum deposit requirement
- Registration process may take longer than expected
GO Markets account opening GO Markets Plus500 OANDA Online Registration YesYesYesMinimum deposit $100 $100 $0 Mandatory KYC YesYesYesRegistration time (min) 20 10 KYC time (days) 1 3 3 Is GO Markets available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
The user’s account allows you to open a trading account, set up a platform, and make a deposit. Become a client of the broker to create an account. To do so, follow the instructions below:
Register with the Traders Union (to get the spread rebates), search for the GO Markets profile, and go to its website using the referral link. Click the Open an Account button on the main page of the site.
Fill out the registration form, indicate your full name, country of residence, email, and phone number. The name of the regulator (e.g., CySEC or FSC) will be displayed automatically depending on your country of residence.
Select the account type (Standard/Plus), trading and platform (MT4/MT5), and the base currency of the account.
To log into the user’s account, click the Client Portal at the header of any page on the GO Markets website. Enter your MetaTrader login and password, which were sent to the email submitted earlier, as well as the email itself.
The main sections of the user account:
- Reports.
- Instruments.
- Education.
- My subscription.
- Customer service.
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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.
- Trading bots (EAs) allowed
- One-click trading
- Free VPS for uninterrupted trading
- cTrader with advanced tools and Level II pricing
- No access to a proprietary platform
- Strategy (EA) Builder is not available
- No TradingView integration
Supported trading platforms
GO Markets supports the following trading platforms: MT4, MT5, cTrader, WebTrader. This selection covers the basic needs of most retail traders. We also compared GO Markets’s platform availability with that of top competitors to assess its relative market position.
GO Markets Plus500 OANDA MT4 YesNoYesMT5 YesNoYescTrader YesNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey GO Markets’s trading platform features
We also evaluated whether GO Markets offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators 168 Tradable assets 1000 Additional trading tools
GO Markets offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
GO Markets trading tools vs competitors GO Markets Plus500 OANDA Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. YesNoNoAPI NoNoYesFree VPS YesNoYesStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoYesAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. YesNoYes -
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 /10GO Markets supports mobile trading, offering dedicated apps for both iOS and Android. GO Markets received 2/10 in this section, which suggests limited user interest or weak performance of the apps.
- Android and iOS apps
- Weak user feedback on iOS
We compared GO Markets with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
GO Markets Plus500 OANDA Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 1 10,000,000 1,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 0 4.7 4.8 Google Play score 0 4.4 3.4 Mob. 2FA NoYesYesMob. Indicators NoYesYesMob. Alerts NoYesYes -
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 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
InformationGO Markets' multilingual team is available to help traders around the clock, Monday through Friday.
- Chat operators respond within a few minutes
- Telephone numbers for Cyprus, UK, and international calls are listed
- Here you can only get answers to general questions.
- Personal manager ignores questions sent by email
- For more information about the trading terms, you can only contact your personal manager by phone
A representative of the company can be contacted via:
- online chat on the website and in the user account;
- telephone.
- email;
- the broker's LinkedIn, Facebook, Twitter, and Instagram profiles.
There is also a contact form in the Contact Us section. Enter your full name, email, phone number, and your question to a GO Markets representative.
Contacts Foundation date 2006 Registration address GO Markets Ltd., 73 Agias Zonis and Tertaiou Corner, Dena House 3rd floor, 3090 Limassol, Cyprus Regulation CySEC, FSA, ASIC, FSC (Mauritius) Official site https://www.gomarkets.eu/ Contacts support@gomarkets.eu +61 3 8566 7680
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FAQs
How secure is trading with GO Markets according to the regulation and safety review?
The review states that GO Markets has a safety score of 9.9/10 and is classified at a High security level, supported by Tier-1 regulation from CySEC and ASIC and additional Tier-3 regulation from Mauritius and Seychelles. It also notes negative balance protection, mandatory KYC verification, participation in an investor compensation fund up to €20,000 under CySEC, and a track record since 2006.
What commissions and fees are highlighted for GO Markets in the review?
According to the review, GO Markets receives a fees score of 10/10, with low forex trading costs, tight EUR/USD spreads, and no deposit, withdrawal, or inactivity fees. For example, typical Standard account EUR/USD spreads range from 0.4 to 1.2 pips, while RAW/ECN accounts show an average EUR/USD spread of 0.1 pips plus a $2.5 per-lot commission.
What account types and key trading conditions does GO Markets offer in this review?
The review notes that GO Markets provides Demo, Standard, ECN/Raw (GO Plus), and Micro accounts, but does not offer Cent, Swap Free, VIP, or managed accounts. Standard accounts have spreads from 1 pip with a minimum deposit of €100, while GO Plus accounts feature spreads from 0.0 pips with a €2 commission per side per standard lot and a minimum deposit of €250; leverage ranges from 1:5 to 1:30 depending on the asset, and demo accounts are valid for 30 days.
What markets and tradable assets are available with GO Markets based on the review?
The review indicates that GO Markets offers around 1,000 total assets, including 60 currency pairs, stocks, commodity futures, cryptocurrencies, and stock indices, but no options. It also mentions additional instruments such as bonds, ETFs, copy trading, and PAMM investing, while noting that regional restrictions may apply.
What do reviews and feedback say about GO Markets customer support in this profile?
Based on available user reviews and testing described in the profile, customer support is characterized by delays in responses and limited depth of assistance, leading to a relatively low safety score of 4.5/10 for this area. The review notes that while multilingual support is available 24/5 via chat, phone, email, social networks, and a contact form, users may need repeated contact and often receive only general answers, with some comments mentioning that personal managers may ignore email queries.
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