The IC verdict
GO Markets is an Australian forex and CFD broker founded in 2006, regulated by ASIC, CySEC and FCA, offering spreads from 0.0 pips on MetaTrader 4 and 5 with ECN execution.
The complete analysis
GO Markets at a glance (2026 update)
GO Markets is a multi-asset CFD and forex broker founded in 2006. It serves clients via multiple entities and offers MetaTrader 4 and 5, two main account types (Standard and GO Plus+), advertised tight spreads, and mainstream funding options. Product availability, leverage, protections, and costs can vary by your country of residence and the GO Markets entity you onboard with.
General risk notice and crypto-specific warnings
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Only trade with money you can afford to lose and make sure you understand how margin, spreads, swaps, and slippage work. For background on crypto-asset risks and fraud red flags, see the U.S. SEC’s overview of crypto assets and the Investor.gov bulletin on cryptocurrencies. If you are in the UK, note the FCA prohibits the sale of crypto-asset derivatives to retail clients (policy statement). Leverage caps and protections (e.g., negative balance protection) differ by regulator and may not apply to professional clients.
Regulation and safety
GO Markets operates through multiple regulated entities. Commonly referenced jurisdictions include Australia (ASIC) and Cyprus (CySEC). Your legal protections (client money rules, compensation schemes, negative balance protection), available products, and leverage limits depend on which licensed entity holds your account. Always verify the specific entity and licence number on the official regulator registers: ASIC registers and the CySEC public register. If an offer seems to come from an unlisted or offshore firm, proceed with caution.
Accounts and pricing
Standard Account
- Typical use: beginners and cost-conscious traders who prefer all-in spreads.
- Minimum deposit: around $200 (or local equivalent).
- Pricing: spreads typically wider than commission account; no per-lot commission.
- Leverage: set by your entity/regulation; retail caps usually apply.
GO Plus+ Account
- Typical use: active traders who prefer raw-style pricing.
- Minimum deposit: around $200 (or local equivalent).
- Pricing: advertised minimum spreads can be as low as 0.0 pips on major FX, plus a per-lot commission (e.g., from $3 per side). Actual spreads vary with market conditions.
- Leverage: set by your entity/regulation; retail caps usually apply.
Other costs to check: overnight financing (swaps), currency conversion, potential third‑party funding charges, and inactivity fees on dormant accounts. Pricing is variable and can change without notice.
Platforms and tools
GO Markets supports MT4 and MT5 across desktop, web, and mobile (iOS/Android). Both platforms provide advanced charting, technical indicators, and automated trading via Expert Advisors (EAs). Mobile apps allow order entry, account monitoring, and basic analysis on the go.
Useful features
- Negative balance protection for retail clients where required by regulation (not guaranteed for all entities or professional status).
- Advanced order types: market, pending, stop-loss, take-profit, and trailing stops.
- Optional VPS hosting for latency-sensitive automated strategies (fees and availability vary).
Markets and leverage
Tradable instruments generally include: major and minor forex pairs, indices, commodities (including gold and oil), share/ETF CFDs, and in some regions, crypto CFDs. Product lists and margin requirements vary by entity and client category.
Typical retail leverage caps by region (indicative)
- EU/Cyprus (CySEC): up to 30:1 on major FX, lower on other asset classes; crypto CFDs commonly capped at 2:1 if offered.
- United Kingdom (FCA): similar caps to EU; crypto-asset derivatives are banned for retail (details).
- Australia (ASIC): product intervention imposes caps (e.g., 30:1 on major FX, 20:1 on gold, 10:1 on most indices, and 2:1 on crypto CFDs for retail). Check your PDS and terms.
Regardless of jurisdiction, leverage magnifies both gains and losses and increases the risk of rapid capital depletion.
Funding and withdrawals
Common funding routes include bank transfer, cards, and selected e‑wallets. Processing times typically range from instant (cards/e‑wallets) to 1–3 business days (bank transfers). Broker-side funding fees are often waived, but your bank, card provider, or wallet may charge. Withdraw back to the original source where required by AML rules.
Customer support and education
Support is generally available 24/5 via live chat, email, and phone. Educational content typically includes webinars, tutorials, and market analysis within the client portal or website. For a regulator-backed overview of CFD and leverage risks, see ASIC’s MoneySmart guide to CFDs.
Who is GO Markets for?
Beginners may appreciate MT4/MT5 familiarity and the lower entry deposit, while experienced traders can benefit from raw-style pricing on GO Plus+ and optional VPS. Traders who require specific instruments (e.g., crypto CFDs) or protections should confirm availability and terms with the relevant regulated entity before opening an account.
Compare GO Markets with other brokers
If you are still choosing a platform, start with our neutral overview in the Crypto brokers comparison. Looking for social trading and a broad multi‑asset lineup with crypto access in supported regions? See our eToro broker review as a point of comparison.
Bottom line
GO Markets offers a solid MT4/MT5 experience, competitive advertised pricing, and broad CFD coverage through multiple regulated entities. The value you get will depend on your region, account type, and trading style. Confirm the exact entity, protections, costs, and leverage that apply to you—and remember that leveraged CFD trading involves a high risk of loss.
The composite breakdown
What's good, what isn't
Pros
- Regulated by ASIC, CySEC and FCA — three top-tier authorities
- Competitive spreads starting from 0.0 pips on GO Plus+ account
- Low minimum deposit of $200
- MetaTrader 4 and MetaTrader 5 on desktop, web and mobile
- ECN execution with no dealing desk intervention
- Negative balance protection and VPS hosting
Cons
- Limited range of tradable instruments compared to some competitors
- Inactivity fees for dormant accounts
- Cryptocurrency leverage capped at 1:5