The safety dossier

Safety first

GO Markets review

Who regulates GO Markets, under which licence, and what that means for your money.

Last checked

GO Markets carries the protections that decide what happens to your balance if the firm fails, though not every entity it operates carries the same ones, and which you get depends on where you live. Regulated by ASIC (AFSL 254963); CySEC (322/17); FSC Mauritius (GB19024896), offering MetaTrader 4, MetaTrader 5, cTrader, TradingView, GO TradeX.

Our rating

★★★★

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

Regulation and safety

Regulated by
ASIC (AFSL 254963); CySEC (322/17); FSC Mauritius (GB19024896)
Regulator tier
Tier 1
Register entry
ASIC Professional Registers, AFSL 254963
Client money segregated
Yes
Held at
Regulated Australian banking institutions
Negative balance protection
Yes, retail clients
Compensation scheme
ICF up to €20,000 for eligible CySEC clients; no statutory investor compensation scheme under ASIC
Audited by
Independent external auditors
Not available to
United States and sanctioned/restricted jurisdictions, plus jurisdictions where services would breach local laws or regulations

The licence is what decides where your money sits and who is obliged to do something about it.

GO Markets holds tier-one authorisations from ASIC and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSC). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

Check the licence yourself: ASIC Connect, the CySEC register of investment firms, the Mauritius FSC register of licensees.

The company behind the brand

Legal entity
GO Markets Pty Ltd
Company number
ABN 85 081 864 039
Headquarters
Melbourne, Australia
Founded
2006
Publicly listed
No
Parent company
Independent
Employees
Approx. 200
Also trades as
GO Markets

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
0.1 pips, GO Plus+
GBP/USD spread
0.2 pips, GO Plus+
Commission
US$2.50 per side / US$5 round turn, GO Plus+
All-in cost, EUR/USD
Approx. 0.6 pips
Spread type
Variable
Overnight swap
Both: overnight financing applies; swap-free accounts available
Withdrawal fee
None internally
Currency conversion
Third-party/payment-provider conversion charges may apply

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

GO Markets lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Platforms and tools

Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView, GO TradeX
Own platform
Yes, GO TradeX
Mobile app
Both proprietary and third-party
Browser trading
Yes
Automated trading
Yes; MT4/MT5 Expert Advisors, cBots and automated trading
Copy trading
Yes
Indicators
100+ through TradingView; 30+ MT4; 38+ MT5
Third-party tools
TradingView, Genesis, Trading Central, VPS
API access
Yes, cTrader API/FIX connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

Markets and execution

Markets
Forex, Shares, Indices, Commodities, Cryptocurrencies, Bonds, ETFs
Currency pairs
50+
Total instruments
2,000+
Crypto CFDs
Yes
Maximum leverage
1:30
Execution model
Market execution / liquidity-provider aggregation
Execution speed
Approx. 30ms
Order types
Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop
Servers
Equinix LD4 London and NY4 New York

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

GO Markets covers forex, shares, indices, commodities, cryptocurrencies, bonds, etfs. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, payid, bpay, paypal, skrill, neteller, usdt and regional methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Accounts

Minimum deposit
$10
Account types
Standard, GO Plus+, Micro, GO Professional, Demo
Account currencies
AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, HKD
Islamic account
Yes
Demo account
Yes
Professional account
Yes, GO Professional
Minimum trade size
0.01 lots; smaller sizing available through Micro
Time to open
Usually minutes; complex applications within 24 hours

Deposits and withdrawals

Deposit methods
Visa, Mastercard, bank transfer, PayID, BPAY, PayPal, Skrill, Neteller, USDT and regional methods
Withdrawal methods
Bank transfer, cards, PayPal, Skrill, Neteller and applicable original funding methods
Deposit time
Instant for most electronic methods; bank transfer typically 1-3 business days
Withdrawal time
Usually processed within 24 hours; first withdrawal may take up to 3 business days
Minimum withdrawal
No general minimum
Local payment methods
PayID; BPAY and region-specific local payment methods

Support and education

Support hours
24/5
Contact channels
Live chat, email, phone, remote support
Languages
Multilingual, including English, Chinese and Indonesian
Telephone
+61 3 8566 7680
Email
support@gomarkets.com
Live chat response
Typically under 2 minutes
Education
Extensive: educational courses, webinars, tutorials, platform guides and trading articles
Research
Market analysis, Trading Central, technical analysis, trading ideas and market commentary

Information is regularly updated. Last compiled from GO Markets's own website on 26 August 2026.

Questions people ask about GO Markets

What happens to my money if GO Markets goes bust?

GO Markets sits behind ICF up to €20,000 for eligible CySEC clients; no statutory investor compensation scheme under ASIC. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.

Which bank actually holds client money at GO Markets?

GO Markets holds client money with Regulated Australian banking institutions, in accounts kept separate from the firm's own. Almost no comparison site publishes this, and it is the thing that decides how quickly you would see your money again if the broker failed.

Can I lose more than I deposit with GO Markets?

GO Markets provides negative balance protection, recorded as yes, retail clients. So it exists and it does not reach every client, and which entity you were onboarded to decides whether it reaches you.