Case file
GO Markets review
The regulatory record for GO Markets, and the warning signs it does not show.
Last checked
GO Markets's record is clean enough. What complaints there are cluster around the things people complain about at every broker, which is slow verification and withdrawal timing rather than anything structural. Regulated by ASIC (AFSL 254963); CySEC (322/17); FSC Mauritius (GB19024896), offering MetaTrader 4, MetaTrader 5, cTrader, TradingView, GO TradeX.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
Regulation and safety
- Regulated by
- ASIC (AFSL 254963); CySEC (322/17); FSC Mauritius (GB19024896)
- Regulator tier
- Tier 1
- Register entry
- ASIC Professional Registers, AFSL 254963
- Client money segregated
- Yes
- Held at
- Regulated Australian banking institutions
- Negative balance protection
- Yes, retail clients
- Compensation scheme
- ICF up to €20,000 for eligible CySEC clients; no statutory investor compensation scheme under ASIC
- Audited by
- Independent external auditors
- Not available to
- United States and sanctioned/restricted jurisdictions, plus jurisdictions where services would breach local laws or regulations
A regulator is also the body that publishes what a broker has done wrong, which is half the reason the licence matters.
GO Markets holds tier-one authorisations from ASIC and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (FSC). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.
An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.
Check the licence yourself: ASIC Connect, the CySEC register of investment firms, the Mauritius FSC register of licensees.
The company behind the brand
- Legal entity
- GO Markets Pty Ltd
- Company number
- ABN 85 081 864 039
- Headquarters
- Melbourne, Australia
- Founded
- 2006
- Publicly listed
- No
- Parent company
- Independent
- Employees
- Approx. 200
- Also trades as
- GO Markets
Deposits and withdrawals
- Deposit methods
- Visa, Mastercard, bank transfer, PayID, BPAY, PayPal, Skrill, Neteller, USDT and regional methods
- Withdrawal methods
- Bank transfer, cards, PayPal, Skrill, Neteller and applicable original funding methods
- Deposit time
- Instant for most electronic methods; bank transfer typically 1-3 business days
- Withdrawal time
- Usually processed within 24 hours; first withdrawal may take up to 3 business days
- Minimum withdrawal
- No general minimum
- Local payment methods
- PayID; BPAY and region-specific local payment methods
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- 0.1 pips, GO Plus+
- GBP/USD spread
- 0.2 pips, GO Plus+
- Commission
- US$2.50 per side / US$5 round turn, GO Plus+
- All-in cost, EUR/USD
- Approx. 0.6 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight financing applies; swap-free accounts available
- Withdrawal fee
- None internally
- Currency conversion
- Third-party/payment-provider conversion charges may apply
Complaints about cost are usually complaints about swap and inactivity fees rather than the spread.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
GO Markets lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Markets and execution
- Markets
- Forex, Shares, Indices, Commodities, Cryptocurrencies, Bonds, ETFs
- Currency pairs
- 50+
- Total instruments
- 2,000+
- Crypto CFDs
- Yes
- Maximum leverage
- 1:30
- Execution model
- Market execution / liquidity-provider aggregation
- Execution speed
- Approx. 30ms
- Order types
- Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop
- Servers
- Equinix LD4 London and NY4 New York
Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.
GO Markets covers forex, shares, indices, commodities, cryptocurrencies, bonds, etfs. A wider range matters less than depth in the instruments you actually trade.
Funding options: visa, mastercard, bank transfer, payid, bpay, paypal, skrill, neteller, usdt and regional methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, GO TradeX
- Own platform
- Yes, GO TradeX
- Mobile app
- Both proprietary and third-party
- Browser trading
- Yes
- Automated trading
- Yes; MT4/MT5 Expert Advisors, cBots and automated trading
- Copy trading
- Yes
- Indicators
- 100+ through TradingView; 30+ MT4; 38+ MT5
- Third-party tools
- TradingView, Genesis, Trading Central, VPS
- API access
- Yes, cTrader API/FIX connectivity
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.
TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.
Accounts
- Minimum deposit
- $10
- Account types
- Standard, GO Plus+, Micro, GO Professional, Demo
- Account currencies
- AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, HKD
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, GO Professional
- Minimum trade size
- 0.01 lots; smaller sizing available through Micro
- Time to open
- Usually minutes; complex applications within 24 hours
Support and education
- Support hours
- 24/5
- Contact channels
- Live chat, email, phone, remote support
- Languages
- Multilingual, including English, Chinese and Indonesian
- Telephone
- +61 3 8566 7680
- support@gomarkets.com
- Live chat response
- Typically under 2 minutes
- Education
- Extensive: educational courses, webinars, tutorials, platform guides and trading articles
- Research
- Market analysis, Trading Central, technical analysis, trading ideas and market commentary
Information is regularly updated. Last compiled from GO Markets's own website on 26 August 2026.
Questions people ask about GO Markets
How do I get hold of GO Markets if something goes wrong?
At GO Markets, support runs 24/5 through live chat, email, phone, remote support. The time to find out how good a support desk is happens to be the time you can least afford to, so it is worth testing before you fund an account rather than after.
How big is GO Markets?
GO Markets employs Approx. 200. Size is not quality, and it does tell you whether there is a support desk behind the account or a handful of people running everything.