GO Markets Forex Broker Review
FXMARE editorial rating, not user reviews.
Reviewed by the FXMARE Research Desk under our review methodology · licences last verified 2026-06-25
GO Markets is one of Australia's oldest MT4 brokers — now offering five platforms, tier-1 ASIC and CySEC regulation, and a sharp GO Plus+ raw spread account at $5 round-turn commission.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
Between 74% and 89% of retail investor accounts lose money when trading CFDs.
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GO Markets Overview
GO Markets is one of Australia's oldest MT4 brokers — now offering five platforms, tier-1 ASIC and CySEC regulation, and a sharp GO Plus+ raw spread account at $5 round-turn commission.
GO Markets is regulated by ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles). Independently verifiable licences include ASIC AFSL 254963 — GO Markets Pty Ltd; CySEC 322/17 — GO Markets Ltd. It carries strong, well-established regulatory oversight.
EUR/USD spreads start around 0.1 pips on the raw/ECN account (about 0.9 pips on the standard, commission-free account), with $5 (GO Plus+ raw account: $2.50/side) commission. The minimum deposit is $0 (Standard & GO Plus+); $10 for Micro account and maximum retail leverage is 1:30 (ASIC/CySEC regulated clients); 1:500 (FSC Mauritius / FSA Seychelles offshore clients). Swap-free (Islamic) trading is offered conditionally — Available on request via client portal opt-in. 11-day grace period with no fees; daily admin fees apply thereafter per lot: FX & metals $40, indices $8, crypto $10, BTC $50, spot oil $15. USD base currency only; converting applies to all accounts simultaneously (cannot hold regular and swap-free accounts together). MT4 only..
Platforms include MT4, MT5, cTrader, TradingView, GO TradeX. GO Markets provides ~2,000+ CFDs (49+ forex pairs, 1,650+ share CFDs, 58 ETFs, 39 crypto CFDs, 16 indices, 8 futures, 5 bonds, commodities) across Forex, funded via Credit/Debit Card (Visa, Mastercard), Bank Wire Transfer, Skrill, Neteller, PayPal, PayID.
GO Markets is a well-established, genuinely tier-1-regulated broker with a 20-year track record, making it a credible choice for traders who want ASIC or CySEC oversight. Its platform suite is unusually broad for its size — MT4, MT5, cTrader, TradingView, and a proprietary mobile app — and the GO Plus+ raw spread account is cost-competitive with ECN market leaders. The main caveats are that the Standard account spread (~0.9 pip) is solid but not best-in-class, offshore entities (Mauritius/Seychelles) offer materially weaker investor protections, and the Islamic account conditions (steep admin fees after 11 days, MT4-only, USD-only) are restrictive relative to rivals.
Headquarters: Melbourne, Australia · Funding: Credit/Debit Card (Visa, Mastercard), Bank Wire Transfer, Skrill, Neteller, PayPal, PayID, BPAY, USDT (crypto)
Pros
- Tier-1 regulation from both ASIC (Australia) and CySEC (Cyprus) with 20 years of operating history
- Very competitive raw spread pricing: GO Plus+ at ~0.1 pip EUR/USD + $5 round-turn commission, below many ECN peers
- Exceptionally broad platform choice: MT4, MT5, cTrader, TradingView, and proprietary GO TradeX
- Large instrument breadth — over 2,000 CFDs including 1,650+ share CFDs, ETFs, bonds, and futures
- Strong educational offering (GO Markets Academy) with live coaching, plus free VPS, PAMM, and social/copy trading
Cons
- Standard account EUR/USD spread (~0.9 pip) is competitive but not best-in-class for commission-free pricing
- Offshore entities (FSC Mauritius, FSA Seychelles) carry significantly lower investor protection and no compensation scheme
- GO TradeX proprietary platform restricted to ASIC-entity clients only; FCA authorisation was revoked in 2023 removing UK option
- Swap-free Islamic account limited to USD base currency and MT4 only, with steep daily admin fees after 11-day grace period
Ratings Breakdown
GO Markets Fees & Costs
Regulation & Safety
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
GO Markets is authorised by ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Platforms
Available on desktop, web and mobile. Tradable across Forex. Track every position you take with GO Markets in the FXMARE trading journal.
FXMARE Verdict
GO Markets is a well-established, genuinely tier-1-regulated broker with a 20-year track record, making it a credible choice for traders who want ASIC or CySEC oversight. Its platform suite is unusually broad for its size — MT4, MT5, cTrader, TradingView, and a proprietary mobile app — and the GO Plus+ raw spread account is cost-competitive with ECN market leaders. The main caveats are that the Standard account spread (~0.9 pip) is solid but not best-in-class, offshore entities (Mauritius/Seychelles) offer materially weaker investor protections, and the Islamic account conditions (steep admin fees after 11 days, MT4-only, USD-only) are restrictive relative to rivals.
GO Markets — frequently asked questions
Is GO Markets regulated?
GO Markets states it is authorised by ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles). We last checked those licence details against the regulators' own public registers on 2026-06-25. Licences are entity-specific: the group company that onboards you depends on your country, so confirm which entity your client agreement names before depositing.
What is the minimum deposit at GO Markets?
GO Markets lists $0 (Standard & GO Plus+); $10 for Micro account min deposit. Minimums vary by account type, funding method and regional entity, so treat this as indicative and confirm the figure on the broker's own site for the account you intend to open.
What spreads does GO Markets offer on EUR/USD?
GO Markets advertises spreads from 0.1 pips (raw/ECN), with EUR/USD quoted around 0.9 pips (standard) · 0.1 pips + commission (raw). Commission: $5 (GO Plus+ raw account: $2.50/side). Advertised "from" figures are floors seen in ideal conditions rather than averages — compare total cost per round turn (spread plus commission) at the volume you actually trade.
What is the maximum leverage at GO Markets?
GO Markets advertises up to 1:30 (ASIC/CySEC regulated clients); 1:500 (FSC Mauritius / FSA Seychelles offshore clients). Leverage caps are set by the regulator of the entity you trade with, so retail clients in the UK, EU and Australia receive materially lower caps than the headline figure. Higher leverage magnifies losses as much as gains.
Does GO Markets offer swap-free (Islamic) accounts?
Partly. GO Markets offers swap-free trading with conditions. Available on request via client portal opt-in. 11-day grace period with no fees; daily admin fees apply thereafter per lot: FX & metals $40, indices $8, crypto $10, BTC $50, spot oil $15. USD base currency only; converting applies to all accounts simultaneously (cannot hold regular and swap-free accounts together). MT4 only.
Which platforms does GO Markets support?
GO Markets supports MT4, MT5, cTrader, TradingView, GO TradeX. Platform availability can differ by entity and account type — a platform offered in one region is not guaranteed in another, so verify it is available on the specific account you plan to open.
Community Rating
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Complaints & Resolutions
No complaints filed against GO Markets. If you’ve had an unresolved issue, you can file one above.
FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of GO Markets. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.