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GO Markets

4.5/ 5

GO Markets is an Australian broker founded in 2006 and among the first to offer MT4 in Australia. Regulated by ASIC, CySEC, and FSC, GO Markets provides ECN-style execution with raw spreads from 0.0 pips on its GO Plus+ account, alongside a solid suite of trading tools, education resources, and access to 350+ instruments.

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Min. Deposit

$200

Spread From

0.0 pips

Regulation

ASIC, CySEC, FSC

Full Review

Overview

GO Markets was founded in 2006 in Melbourne and was one of the first brokers in Australia to offer MT4. Regulated by ASIC, CySEC, FSC Mauritius, and FSA Seychelles, GO Markets provides a solid ECN-style trading environment with raw spreads from 0.0 pips on its GO Plus+ account. The broker offers 350+ instruments across forex, indices, commodities, shares, and cryptocurrency CFDs on MT4, MT5, and cTrader.

Pros

  • ASIC + CySEC regulated: Strong dual tier-1 regulation
  • Competitive ECN pricing: GO Plus+ account offers spreads from 0.0 pips with $3.00/side commission
  • cTrader support: Full cTrader access alongside MT4 and MT5
  • Established Australian broker: Over 17 years of operation with clean regulatory record
  • Educational resources: Comprehensive market education including webinars and video tutorials

Cons

  • $200 minimum deposit: Higher barrier to entry than competitors like Pepperstone or Axi
  • Limited instruments: ~350 instruments is fewer than IC Markets or FP Markets
  • Lower brand awareness: Less known globally than top-tier Australian brokers
  • No copy trading: Social or copy trading functionality is absent
  • Standard account spreads: Around 1.0 pips on EUR/USD — average at best

Spreads & Fees

Account TypeEUR/USD SpreadCommissionAll-In Cost
StandardAvg 1.00 pipsNone~1.00 pips
GO Plus+From 0.0 pips$3.00/side~0.60 pips

Overnight (Swap) Fees: Competitive standard rates; Islamic accounts available. Withdrawal Fees: Free for most methods. Inactivity Fee: $10/month after 12 months of inactivity.

User Reviews8

PW

Peter W.

5/5

GO Markets is a reliable ASIC broker with excellent cTrader support. The GO Plus+ account is great value with $6 round-turn on EUR/USD. Been using them for 3 years with no issues.

ST

Sarah T.

4/5

Good broker for Australian traders. ASIC regulation and competitive GO Plus+ pricing. The cTrader platform here is well configured. Would like more instruments though.

JL

James L.

3/5

Decent broker but the $200 minimum is higher than I'd like. The instrument range is also limited. Good for forex but lacking depth for stock and commodity traders.

MC

Mei C.

5/5

Fast execution and very competitive spreads on GO Plus+. Australian broker with solid reputation. Have used them for 2 years and always had a good experience.

AF

Alex F.

4/5

Good ASIC-regulated broker with honest pricing. No hidden fees and transparent commission structure. The educational content is also better than average for a mid-tier broker.

LS

Lily S.

2/5

The $200 minimum deposit keeps out small traders. No copy trading either. For a competitive modern broker these seem like gaps. Trading conditions themselves are fine though.

RK

Robert K.

5/5

Switched from another Australian broker and found GO Markets' execution to be noticeably faster. The GO Plus+ ECN account is excellent for scalping during London session.

EH

Emma H.

3/5

Average broker overall. Good regulation and reliable execution but nothing that particularly stands out. The cTrader access is a nice differentiator compared to MT-only brokers.

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