Go Markets Review

 

Founded in 2006 and based in Melbourne, GO Markets operates as a Market Maker and holds licenses from top regulatory bodies such as ASIC in Australia, CySEC in Cyprus, FSA in Seychelles, and FSC in Mauritius. This broker caters to a diverse clientele worldwide, offering access to over 600 tradable instruments across various markets, including forex, stocks, indices, metals, energies, and commodities. Traders can take advantage of the robust MetaTrader 4 and MetaTrader 5 platforms, along with a variety of helpful trading tools, an extensive collection of free educational resources, and favorable trading conditions characterized by competitive spreads and efficient execution speeds. Additionally, their multilingual customer support team is available around the clock to answer any questions you may have.

Instruments
GO Markets boasts an impressive array of more than 600 CFD instruments available for trading, covering Forex, Shares, Indices, Metals, Energies, and Commodities. Whatever your trading interests, there is likely something that will catch your eye.

Platforms
MetaTrader
Clients of GO Markets have access to the powerful MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are favored by forex and CFD traders alike. While MT4 focuses primarily on forex trading, MT5 serves as a multi-asset CFD trading platform. Both platforms are conveniently offered as web-based trading terminals compatible with Chrome and other modern browsers, desktop applications for Windows and Mac, and mobile apps for Android and iOS.

The MT4 platform stands out for its intuitive design, user-friendly interface, and support for various order types, automated trading, as well as custom indicators and scripts. Meanwhile, MT5 provides a more sophisticated trading environment with enhanced market depth and a separate system for managing orders and trades. Additionally, FIX API connectivity is available for clients seeking direct market access, although not all clients qualify for this option.

Some key features of the MetaTrader platforms include:

  • Real-time price quotes via market watch
  • Multiple order types and chart timeframes
  • Fully customizable platform interface
  • Order placement, management, and closure
  • Market analysis with technical indicators and drawing tools
  • Price alert setup through push notifications, pop-ups, and email
  • Trading with automated strategies (expert advisors)
  • Back-testing capabilities for automated systems
  • Custom trading tools development using MQL language
  • Access to signals, tools, and EAs from the MQL marketplace
  • Compatibility with mobile, web, and desktop

Tools
GO Markets offers a fantastic selection of additional trading tools to assist traders in their daily activities. While the MetaTrader platforms are already equipped with various built-in tools, the broker also provides advanced market analysis tools from third-party sources. These include Myfxbook AutoTrade, Autochartist, MetaTrader Genesis, Trading Central, a-Quant Daily Trading Strategies, and Virtual Private Servers (VPS).

Myfxbook AutoTrade
Launched in 2013, AutoTrade is a service that mirrors accounts operated by Myfxbook, a popular online analytical platform with one of the largest social trading communities. This tool allows you to automatically replicate trades from experienced forex traders directly into your own account.

Autochartist
Autochartist is a robust technical analysis tool that identifies chart patterns using indicators like Fibonacci retracements. It continuously monitors the markets and alerts you to real-time trading opportunities.

Trading Central
As a leading provider of financial market research and investment analytics, Trading Central employs technical analysis to scan markets for actionable trade ideas, saving you time. Established in 1999, this service has refined its offerings to be among the best available and is a registered investment adviser with the U.S. Securities and Exchange Commission and the Hong Kong Securities and Futures Commission.

MetaTrader Genesis
MT4 Genesis enhances the capabilities of the standard MetaTrader platform by offering a suite of professional add-ons, sophisticated order management systems, and alerts to ensure you never miss a trading opportunity.

a-Quant Daily Trading Strategies
a-Quant utilizes advanced trading products based on Machine Learning and AI algorithms tailored for brokers. By aggregating vast amounts of data and employing machine learning for various analyses, they generate high-probability trading signals, delivering an average of 9-12 signals daily for the 10 most popular FX currency pairs directly to your inbox.

Virtual Private Servers (VPS)
Clients who meet a specific trading volume threshold with GO Markets can receive a complimentary VPS, allowing for uninterrupted operation of trading platforms around the clock without needing a personal computer.

Market Calendar
The GO Markets economic calendar helps you keep track of key news releases, showing their previous, forecasted, and actual impacts on the markets. This tool is valuable for fundamental analysis, helping you understand market movements.

Education
The broker offers a wealth of educational materials on their site, including a dedicated education center filled with resources to enhance your trading knowledge. Available resources include trading ebooks, video tutorials, courses, and webinars.

GO Trade Academy
The GO Trade Academy features high-quality, free educational materials suitable for traders at all experience levels. You’ll find programs designed to enhance your trading skills, knowledge, and confidence. The courses allow you to apply what you learn while providing additional support through demo trading platforms, account assistance, and group coaching webinars.

Guides & Videos
GO Markets hosts numerous trading guides and tutorial videos covering a range of topics. Well-organized and easy to follow, these resources cater to beginners looking to get started in online trading, alongside various webinars and other educational content.

Conclusion
GO Markets is a regulated broker that stands out with over 600 tradable instruments, including forex, stocks, commodities, metals, and indices. Clients benefit from the powerful MT4 and MT5 platforms available for web, desktop, and mobile. Additionally, the broker offers a superb selection of additional trading tools like Autochartist, Trading Central, and MetaTrader Genesis. Clients who qualify can even access a free VPS based on trading volume. With competitive trading conditions, low spreads starting at 0 pips, and commissions from $3 per side, plus a commission-free account option with a spread markup, GO Markets provides an impressive range of trading products and services alongside free access to a dedicated educational academy and 24/7 support.

Pros

  • User-friendly trading platforms and applications
  • Extensive choice of trading tools
  • Vast selection of educational materials
  • Quick and easy account funding options
  • Free VPS available
  • Exceptional customer support

Cons

  • Cannot accept USA traders
  • Minimum deposit of $200
  • No swap-free accounts

As a self-proclaimed Forex enthusiast, I dedicate my days to researching and testing all things related to forex. With years of experience in the forex industry, having reviewed countless forex robots, brokers, strategies, courses, and more, I share my knowledge freely to help you navigate the fascinating world of forex trading! For more insights, visit https://findnomore.net.

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