GO Markets is a launched in 2006 company that is operating under the ASIC (Australia) supervisions while fully complies with the local laws and requirements, driven by compliance, competitive spreads and tech developments. The brokers bring a valued MetaTrader4 trading environment that is connected to advanced technologies that allow traders to develop strategies and improve trading outcome.
The offering brings a tight spread on the range of more than 90 instruments through CFDs of Forex, Indices and Commodities markets, as well as Binary options and Cryptocurrencies. The Cryptocurrency trade developed by leverage of 5:1 for Bitcoin and Ethereum with the maximum size of 5 trading and margins of 20%. The Binary trading offering attractive returns between 60-80% potential return with the low commitment from 5$ while 500$ trades accepted on major currency pairs on a 5 minute time. The established by GO Markets low latency environment couples with price feeds that are bringing a rapid speed of execution.
The novice traders always passing through challenges while exploring trading opportunities, hence the company provides the educational resources that are necessary to perform seamless trading. Together with the continuous provided support and challenges, there are all opportunities open to perform successful trading of any size trader.
In addition, the broker developed a selection of MT4 bonuses to complement their clients, which includes referring a friend, cash back refund offer for new and returning clients, trading credit bonus or premium Trading Tools and free VPS offering. To check the current available please refer to the official website of the company.
Regulations and Licenses:
GO Markets is authorized to operate financial services under Australian Financial Services Licence, while all tools and applicable set-ups providing the safe trading environment. As an OTC derivative provider, GO Markets is required to adhere to disclosure benchmarks set by the corporate regulator ASIC, while the investors understanding the risks and potential benefits.
The risk management maintained by various practices, among the considerations of hedging counterparties, clients’ funds segregations at the National Australian Bank (NAB), margin calls and fair usage policies.
Trading Platforms and Tools:
MT4 is truly considered as a Forex standard for the traders around the globe. The MT4 platforms bringing almost the same capabilities yet varies from the company to another since the company can implement various extensions as well to provide better features.
The GO Markets platform offers advanced tool features through MT4 Genesis, that helps to navigate through global markets as well as a computability with automatic trading through EAs and built-in indicators. The platform developed to suit versions to Mac, PC and Mobile devices that brings an absolute freedom to trade whenever is comfortable and suitable.
Furthermore, the copy and social trading are reachable through the possibility to join myFXbook that is a world leading platform with over 90,000 people. Along with the Autocharist option, that is one of the widely used charting tools, which provides real-time trading alerts, impact and volatility analysis.
The VPS service is an option also since allows access to high-tech trading and to run Algos and EAs remotely non stop. The existing live account can get a free VPS use if the minimum balance of 3,000$ maintained, otherwise a service fee of 30$ per month will be charged.
The broker offers a Standard, Pro and Plus+ Accounts with the flexibility to manage the trading way and choose the best fit. In addition, the account can be opened in a few different currencies as a base one that includes AUD, USD, GBP, EUR, NXD, SGD.
The Standard account defined with no commissions only through spread from 1.1 pips with all fees in it, the deposit requirement is only 200$ while is the best match to start with no complications. Pro Account is a choice for advanced traders with a minimum deposit of 1,000$ spreads from 0.1 pips and commission of 3.50$ per side. Plus+ Account is the latest edition from the company, which includes some interesting offerings alike spreads from 0.0 pips, commissions are 3$ per side along with free access to MT4 Genesis and Autochartist while the balance to start is only 500$.
Deposits and Withdrawals:
Deposits to the live trading account can be done in numerous convenient ways while the payments will attract additional processing fees. The options including Credit or Debit Card transfers which will incur a 1.8-3% handling fee, bank to bank through Australian banking institution does not include any fees. BPAY payments from debit accounts are free from fees, yet the cards payment has a 2% fee. Also, there are options to use e-payments like Skrill, Neteller and POLi.
To withdraw funds from the account the client can choose between two, either to complete bank nomination form or to use one-time manual withdraw. The first choice is the easiest and fastest way to conduct regular withdrawals, while the company does not charge any fees. The second type of withdrawing is an option to send fund into an-nominated account.
It is important to note, that the company GO Markets does not accept applications from applicants in the following countries: Afghanistan, Azerbaijan, Bosnia and Herzegovina, Burundi, Central African Rep, Congo, Cote D’Ivoire , Ethiopia, Eritrea, Egypt, Gaza Strip, Haiti, Iran, Iraq, Lebanon, Libya, Myanmar, North Korea (DPRK), Pakistan, Serbia, Sierra Leone, Somalia, Sri Lanka, Sudan, South Sudan, Syria, Trinidad and Tobago, Tunisia, West Bank, Ukraine, Vanuatu, Venezuela, Yemen, Zimbabwe.
Overall, the GO Markets review shows a company which performs a straight trading process with numerous benefits that are offered. One of the main attractions is a comprehensive range of trading instruments, even with Binary options and Cryptocurrencies, and at competitive pricing according to each of offered account types that are starting from 0.0 pips. Furthermore, the mainstay is a well-known MT4 that is enhanced with powerful technical tools brought by the GO Markets for a free use. The traders of any style and budget can find a way to engage with GO Markets, while all strategies are accepted as well as the Social trading environment is enabled too. The company also brings a numerous support to their clients’ with advanced customer service, numerous bonus programs and low deposit requirements. Yet, the only disadvantage is that there are fees for deposits that may complicate a little very beginning at the company.