GO MARKETS Information
GO MARKETS began in Australia as an online CFD brokerage company and now operates in Mauritius. It offers trading services in forex, commodities, indices, cryptocurrencies, ETFs and shares. It offers the industry-leading MetaTrader 4 and 5 platforms to enhance customer trading experience.
A demo account is available for practicing, with tight spread from 0 pips for live accounts. And the broker implements fund segregation to separate client funds from their operational accounts.
In addition, educational resources are also provided to equip investors with necessary knowledge and skills for successful trading.
The good thing is that the company is regulated by ASIC, FSA and CYSEC, which means its financial activities are strictly watched by these authorities, to some extent guarantees a certain level of customer protection.
Pros and Cons
Is GO MARKETS Legit?
GO MARKETS is currently being well regulated by ASIC (Australia Securities & Investment Commission), CYSEC (Cyprus Securities and Exchange Commission), FSA (The Seychelles Financial Services Authority) with license no. 000254963, 322/17 and SD043 respectively.
What Can I Trade on GO MARKETS?
Account Type
To familiarize yourself before commiting actual trading, you can start with a demo account to practice your trading strategies.
While being confident enough to open a live account, you can go with a “GO Plus+” account and a “Standard” account with different trading conditions:
Leverage
While the broker offers leverage up to 1:500, different maximum leverage for various products are at different levels:
Traders should use leverage cautiously and choose the products that best suit their experience levels to avoid huge losses.
Trading Platform
GO MARKETS claims to use the world renowned MetaTrader 4 and 5 platforms, which are well-recognized by its advanced charting tools and robust functionalities. These platforms support strong trading tools such as Virtual Private Server (VPS) and MetaTrader Genesis.
Besides, cTrader, the popular platform with user-friendly interface is also available.
TradingView, a platform which provides powerful tools for advanced charting and technical analysis, is also provided by the company to assit investors with informative trading.
Deposit and Withdrawal
GO MARKETS accepts payment through Mastercards, VISA, SKrill, Neteller and bank transfers.
The broker itself does not charge any deposit or withdrawl fees, but fees might occur by a third-party banking institutions.
Rebate Programs
There's a rebate program by the broker. Once you meet the minimum monthly trading volume, you can earn between 10% to 30% of spreads and commissions paid depending on the tier you reach.
For more and the newly updated details you can reach https://www.gomarkets.com/en/volume-rebates-for-traders/.
Cyprus
