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GO Markets MT4 online forex and CFD trading platform

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Trade forex, cryptocurrency, commodities and indices.

GO Markets is an Australian online forex and CFD broker. It offers access to 50+ currency pairs, commodities (gold, silver and oil) and Indices. MT4 is mobile friendly, allowing you to trade remotely or on-the-go.

Important: GO Markets is a binary option broker. ASIC has proposed a ban on binary options trading in Australia, having flagged it as a ‘high-risk form of gambling’. Finder does not recommend, endorse or suggest that binary options trading is appropriate for you. We recommend that you obtain professional financial advice, and consider your own circumstances, before trading binary options.
Important
CFDs and forex are risky investment products and most clients lose money trading with this provider. Consider whether this is right for you before making a decision.

From 0.0 - 0.1 pips

Minimum Spreads for Major Currencies

Forex, commodities, cryptocurrency, share CFDs, indices, metals

Available markets

MetaTrader 4
MetaTrader 5
Mobile Trading Platforms
WebTrader
Social Trading: Myfxbook

Platforms

Details

Type of brokerOnline
Available marketsForex, commodities, cryptocurrency, share CFDs, indices, metals
Minimum Spreads for Major CurrenciesFrom 0.0 - 0.1 pips
Leverage500:1
Commission$0
Minimum opening balance$200
Minimum Trade Size0.01 lot
PlatformsMetaTrader 4
MetaTrader 5
Mobile Trading Platforms
WebTrader
Social Trading: Myfxbook
SupportPhone, email, live chat
Data indicated here is updated regularly
Name Product Minimum Opening Deposit Minimum Spreads for Major Currencies Commission Minimum Trade Size Platforms
Go Markets Forex Trading
$200
From 0.0 - 0.1 pips
$0
0.01 lot
MetaTrader 4
MetaTrader 5
Mobile Trading Platforms
WebTrader
Social Trading: Myfxbook
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
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Data indicated here is updated regularly
Name Product Minimum Opening Deposit Minimum Opening Deposit Commission - ASX 200 Shares Available markets Platforms
Go Markets CFD
Go Markets CFD
$200
$200
0.08%, with a minimum of AUD$10
52 FX pairings, Share CFDs, Indices,Commodities, Metals, Cryptocurrencies
MetaTrader 4
MetaTrader 5
Mobile Trading Platforms
WebTrader
Social Trading: Myfxbook
Disclaimer: Volatile investment product. Most clients lose money trading with this provider.
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Disclaimer: CFDs and forex are complex financial products that come with a high risk of losing money. Most retail client accounts lose money trading CFDs and forex. Consider whether you can afford to lose your money.

Company background

Founded in Melbourne in 2006, GO Markets is an online financial services provider for forex trading services. Touted as one of the first brokers to successfully establish the MetaTrader 4 (MT4) trading platform, it offers forex and CFD trading as well as binary options and commodities to both individual and institutional clientele.

Currency pairs

Using the MT4 platform, GO Markets offers over 50 forex pairs for trade, including the major currency pairs below:

  • EUR/USD
  • USD/JPY
  • GBP/USD
  • USD/CHF
  • USD/CAD
  • USD/AUD
  • USD/NZD
  • EUR/JPY

What trading levels are available with GO Markets?

GO Markets offers two types of trading accounts and three trading position sizes.

InclusionsStandard AccountPro Account
Minimum opening deposit$200$1,000
Minimum contract size0.01 (micro lot)0.01 (micro lot)
Maximum leverage500:1500:1
Commission$0AUD$3.50 per side (1 standard contract)
SpreadsFrom 0.1 pips

All account holders have 24/5 access to support teams and analysts.

GO Markets asks that you allow 1-2 days for withdrawals within Australia and 3-4 for international users.

InclusionsStandard ContractMini ContractMicro Contract
Trade size (units of currency)100,00010,0001,000

For beginners, GO Markets suggests a standard account in conjunction with either a mini or micro contract, limiting risk while you experiment.

You will enjoy tighter spreads with a Pro Account, but you’ll also incur a commission for every trade you place.

What trading platforms are available?

MetaTrader 4 is the platform of choice for GO Markets, and Mac, PC and mobile versions are offered for users who want to trade absolutely everywhere they go.

MT4 is compatible with Mac OS, Windows, iPad, iPhone and Android devices; simply download the software to your computer, tablet or smartphone and you will able to access the platform wherever you need.

Long considered the trading platform of choice, GO Markets now offers MT4 Genesis, which is an enhanced tool suite for MT4 that works for Commodities, Indices and Forex.

Features look up table

FeatureDescription
Spread feeYes. Standard Account from 1.1 pips. Pro Account from 0.1 pips.
Education and resourcesYes. Video tutorials and trading webinars are available.
Does it offer fixed spreads?No
LeverageMaximum of 300:1
Is it MetaTrader supported?Yes
Minimum deposit required$200
Compatible devicesWindows PC, Mac and mobile
Guaranteed stopsNo
Payment methodsPOLi, bank transfers, BPAY, Skrill and credit/debit card deposits
Promotional bonus
  • Bonus MT4 Genesis, Autochartist and/or Trading Central (for initial deposits over $500)
  • Cashback Refund Offer (on net trading losses of up to $250 within the first 30 days)
  • Refer A Friend’ and receive $100 cash bonus in your account
24-hour tradingNo
Demo account available?Yes

What are the benefits of using this provider?

  • A virtual private server (VPS) is free to users with a live trading account, who maintain a minimum of $3,000 per month (the service is otherwise available to users at $30 per month).
  • Access to forex (50+ currency pairs), binary options, commodities (gold, silver and oil) and indices.
  • MT4 is mobile friendly, allowing you to trade remotely or on-the-go.

Trade cryptocurrency with GO Markets

You might find trading cryptocurrency futures to be an attractive alternative to buying outright.

You don’t need your own cryptocurrency wallet, and can still benefit from changes in value, whether up or down.

GO Markets lets you speculate on bitcoin and Ethereum, offering:

  • BTC/USD
  • ETH/USD

In both cases you can trade from 10:1 fixed leverage positions.

What are the pros and cons of using GO Markets?

Pros

  • Free education and training tools. GO Markets offers webinars and video tutorials for both beginners and veteran traders who may need a refresh.
  • Live chat. Connect with Expert Advisors (EAs) for trading advice and expertise.
  • Three step activation. Simply open a live account, load funds and start trading.
  • Easy access. You can access your GO Markets trading account from your PC, Mac, iOS or Android mobile device.

Cons

  • Limited trading. 24/5 trading and live chat.
  • No guaranteed stop-loss. GO Markets does not provide guaranteed stop-loss orders to traders.

How do I sign up?

GO Markets offers an easy online form for individual applicants to complete. You will need to provide a couple of details before you proceed:

  • The account type you want to register.
  • A basic knowledge of Margin FXs and CFDs (questionnaire is included in application).
  • The minimum opening cost pertaining to your selected account type.
  • To fill out the form you will need to:
    • Provide your name, date of birth and contact details
    • Complete a questionnaire about your knowledge of margin forex and CFDs
    • Provide proof of ID
    • Choose your account type and arrange the relevant minimum opening deposit

    GO Markets responds to all new account enquiries within 24 hours.

If you’re unsure of whether you want to open an account with GO Markets, a free demo account is available for you to explore. Practice trading in Forex, Binary Options, Commodities and Indices with up to $100,000 in virtual funds.

Common questions about Go Markets, answered below

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