GO Markets – Australia’s best choice for Forex and CFDs :-
GO Markets is an ASIC regulated brokerage firm in Australia which offers more than 250 forex and CFDs assets for trading in their Meta Trader platform.GO Markets Pvt Ltd has become a leading broker with decades of experience having clients over 150 different countries. They offer Forex, CFDs, metals, indices and commodities for trade in their MT4 and MT5 platforms.
GO Markets offer a wide range of trading options for its customers. Using this platform,you can trade 50 currency pairs, 4 indices, 2 metals and200 plus stock shares.
GO Markets regulations and Investor security
It is regulated by ASIC, it assures that all client’s investments are held segregated banks as per ASIC. GO Markets opt for AA ranking banks like the National Australia Bank and the Commonwealth bank. They do not use clients’funds for internal operations.
Further, they are clear in client protection. GO Markets offers industry-standard security procedures,which include protecting their server with firewalls and other latest software. The website and platforms are SLL (secured socket layer) protected. All client’s data are encrypted using ”Let’s Encrypt Authority X3” before transmitting over the internet. GO Market provides a digitally secure space for its clients to trade safely.
How to open a GO Markets account?
GO Market is available with only two account types standard account and GO Plus+ account. The major difference between them is account opening balance, spreads and commissions.For a standard account minimum of 200 AUD is required and spreads begin from 1.0 pip. A GO Plus+ account requires a minimum balance of 500 AUD and floating spread starts from 0.0 pip and a commission of 3.0 AUD is charge per side. Here are steps to create an account in GO Markets.
- Click on the open live account button present in the left corner of the website.
- Fill the form and submit it. If account creation is successful,you will receive a verification email.
- The next step is to download any one of its platforms. GO Markets provides MT4 and MT5 platforms. You will be provided with the link to download GO Markets MT4/MT5 platform.
- Install the file as per the instructions are given in the file.
- After installation, select GO Markets server and login using the details provided to you via email.
GO Markets, however, does not provide it’s service to many countries like Afghanistan, Iran, Egypt, Pakistan,etc.
How to Deposit and Withdraw funds in GO Markets?
GO Markets does not charge any transaction fee for depositing or withdrawing funds. However, the client must pay a transaction fee for the international transaction to Australian banks.The client can deposit fund using cards, e-wallet, or via own bank. GO Markets does not accept cash payments and third party transactions. GO Markets minimum deposit amount is $200. It accepts credit/debit cards, electronic payment methods like POLi, BPay and Fasa pay and e-wallet payments such as Skrill and Neteller. Wire transfer is the slowest method as it takes 2-7 business days.
GO Markets desktop trading platforms
It offers two platforms MT4 and MT5 of which MT4 platform is most popular among GO Markets forex and CFDs trading clients. They are available as web-based downloads or as a mobile app. The MT4 platform is excellent to use for all level traders. It is available as a download file for both Windows and Mac operating systems. This platform is highly user-friendly and has a lot of variation customizable for charts.
GO Markets MT4 platform is an advanced version of MT4. Meta trading platforms MT5 offers a wide range of assets to trade with. GO Markets also offers these platforms like mobile apps for both Android and iOS. You can get them in their respective app stores. The app will display quotes in real-time and you can trade on the go. The client can completely access their account, open close and modify their trade as they do in a browser through this app.
GO Markets trade features, commissions and spreads
GO Markets charges a commission of 0.08% and a minimum $10 for the Australian CFD sthey charge AUD3 as commission for GO Plus+ account holders and offer raw spreads. GO Markets provides the following features to increase the traders’ chance of success.
- Autochartist
- MT4 genesis
- Virtual private server (VPS)
- Trading central market analysis
- Social trading
GO Markets is designed to accommodate all kinds of traders and trading style. It supports new traders with forex education course, training videos and risks free demo account for easy understanding, strategy improvement and platform familiarization. Traders can update their trading skills with ebooks and webinars. They can also copy experts trade skills for their trade using auto trade via my fxbook. According to various Australian review, GO Markets is a broker that supports every trader irrespective of their expertise and trading experience.
