GO MARKETS REVIEW

GO MARKETS REVIEW



GO Markets has a long history of operation as a heavily regulated broker. The company originally started its activity as one of Australia’s first MT4 forex brokers, but then enhanced its offering dramatically. While GO Markets is headquartered in Australia, the company has expanded its proposal through international entities operating in Cyprus, Dubai, Mauritius, Seychelles and other countries. It also has an office in London.To get more news about go markets review, you can visit wikifx.com official website.

GO Markets focuses on growing its market share behind an excellent choice of trading platforms and a wide range of products. We reviewed GO Markets to determine if its advertised tools provide traders with a competitive edge and check out if the broker deserves your attention.
GO Markets offers traders a broad range of options to access trading platforms e.g., web, mobile and desktop apps. Besides the industry-standard platforms, GO Markets also offers ideal solutions for beginner traders and those unable to conduct broad-based market analytics.

The platforms range includes the most popular forex trading terminal, Metatrader 4, and its newest version MetaTrader 5. Additionally, you can access third-party applications and add-ons, all available free of charge. GO Markets’ clients can embed services provided by Autochartist, a-Quant and Trading Central.

The truly powerful WebTrader also offers everything you need within a web-based platform that can be accessed directly from any internet browser.

GO Markets’ offering is equipped with a social trading platform, myfxbook . This shows that GO Markets monitors industry trends and commits resources where necessary to deliver the services its client-base demands.
On top of its outstanding regulatory profile, GO Markets segregates client deposits from company own funds. ASIC entity offers negative balance protection.

It is worth mentioning that the regulatory protection offered by these jurisdictions is significantly different. Most traders, however, will find the regulatory environment in Australia and Cyprus equally satisfactory.

Mauritius, Seychelles and Saint Vincent and the Grenadines is an option for active traders requiring less restrictive trading conditions and higher leverage.
The leverage at GO Markets depends on the jurisdiction you trade in. Retail traders of entities regulated in Cyprus and Australia get a maximum of 1:30, in line with ESMA and ASIC restrictions.

Option for retail traders to qualify as a ‘Professional Investor’ or ‘Sophisticated Investor’ exists in Cyprus and ASIC entities which offer access to higher leverage ratios, even with heavily regulated entities. But the requirements vary per regulatory stipulations.

Traders through brands incorporated in Saint Vincent and the Grenadines, Seychelles, and Mauritius qualify for maximum leverage of up to 1:500.
Overall, GO Markets made it as simple as you may choose between the Standard Account with the spread only basis and GO Plus+* account, which is based on raw spread offering and commission charge per million traded.

Standard Account allows you to trade on tight spreads (as lows as 1.0 pip) with no commission. On the other hand, GO Plus+ presents interbank quotes starting from 0 pips spread, but with a commission of $3.00 per side on the standard lot.