GO Markets Review Australia 2026

GO Markets quick facts

Trading costs and fees

GO Plus+ account, RAW spreads plus commission

The GO Plus+ account is the one to open if you trade more than a few times a month. EUR/USD spreads averaged 0.10 pips in our May to June 2026 captures, and the eight majors we track averaged 0.24 pips, with AUD 6 round-turn commission per standard lot added. At an AUD/USD rate around 0.65, that AUD 6 is roughly USD 3.90 per round-turn, or about 0.39 pips of commission equivalent on EUR/USD. Add the measured 0.10 pip spread and the total lands near 0.49 pips, in the same band as IC Markets Raw and Pepperstone Razor. That 0.24-pip average placed GO Markets fifth of 16 raw accounts among the lowest-spread brokers in Australia, and the AUD 3.00 per-side rate is third in our commission comparison.

Standard account, spread-only pricing

The Standard account averaged 0.9 pips on EUR/USD in our May to June 2026 captures, with no commission. That’s mid-pack for an AU Standard tier and not the cheapest option for a casual trader.

Other fees AU traders should check

• Overnight swap rates apply on positions held past 5 PM New York. Direction-dependent.
• Currency conversion applies if you trade an instrument denominated in a currency other than your account base.
• Withdrawal fees: $0 on most methods including bank transfer.
• Inactivity fee: listed as $0.

Trading platforms

GO Markets gives you MT4, MT5, cTrader, TradingView and the GO TradeX app (mobile only).

MetaTrader 4

The classic forex retail platform. GO Markets runs it on desktop, web and mobile, with full EA support. The GO WebTrader branding you may see is the MetaTrader web platform, not a separate product.

MetaTrader 5

MT5 covers the same forex products plus indices, share CFDs and commodities natively. Better choice than MT4 if you’re starting fresh. Like MT4, it runs on desktop, web and mobile.

cTrader

cTrader is available to Australian clients alongside the MetaTrader platforms, and it carries the copy layer covered below.

TradingView

Australian clients can also trade a GO Markets account directly from TradingView charts, on web, iOS and Android.

GO TradeX (proprietary, mobile only)

GO TradeX is GO Markets’ proprietary trading app, available on iOS and Android.

Copy and social trading

Copy trading at GO Markets runs through cTrader Copy Trading, plus the Signals service built into MT4 and MT5. Signal Centre premium feeds sit on top of that as a paid add-on. There is no proprietary social feed of the eToro kind, so copying here means picking a strategy provider inside cTrader rather than following a broker-run network. The rest of the tools inventory is separate from copy: a free VPS for active traders, and the MetaTrader Genesis add-on pack.

Mobile apps

Every platform here (MT4, MT5, cTrader, TradingView, GO TradeX) has an iOS and Android app. Biometric login is supported.

Trust and safety

Trust score: 6/10. The 2006 AFSL run is a genuine positive, but the group’s Tier 3 Mauritius entity, a smaller public review base and awards that cover the group rather than the AU entity keep the score mid-range.

ASIC regulation and global licences

GO Markets Pty Ltd (ABN 85 081 864 039) holds AFSL 254963 with the Australian Securities and Investments Commission, and has done since 2004. Few Australian CFD brokers have held one licence for that long without a break.

The wider GO Markets group also holds:

• CySEC (Cyprus, EU), Tier 1
• FSC Mauritius (Financial Services Commission), Tier 3 offshore
• FSCA (South Africa), Tier 2

Client money and negative balance protection

GO Markets holds retail client money in segregated accounts at an Approved Australian Bank, separate from the company’s own funds. ASIC requires negative balance protection on retail CFD accounts, so a retail account cannot lose more than the money in it. If a dispute with the broker goes wrong, AFCA can hear claims up to $1,263,000 and award compensation up to $631,500. The Compensation Scheme of Last Resort sits behind that with a $150,000 cap, but it excludes CFD trading losses, so it protects you against unpaid awards for misconduct, not against losing trades.

One carve-out matters if you look at the wholesale tier. GO Professional clients sit outside the retail protections, and what GO Markets puts in their place is a discretionary once-off negative balance protection capped at AUD 100,000, which is a goodwill policy rather than the mandatory retail guarantee. For how this broker sits against the field, see our list of the brokers with the strongest client protections and our explainer on negative balance protection on retail accounts.

History and ownership

Founded in Melbourne in 2006, GO Markets remains privately held and Australian-headquartered. Across the 20 years since launch, the group has picked up multiple Investment Trends awards for execution quality and customer satisfaction, though the awards are group-wide rather than specific to the AU (ASIC) entity.

Public reviews

GO Markets’ Trustpilot scores are solid, just built on fewer reviews than CMC, IG or Pepperstone attract. That’s brand size, not service quality. Like the awards, the reviews cover the GO Markets group as a whole, not the AU (ASIC) entity specifically. Reviewers most often mention platform stability, deposit and withdrawal speed, and helpful onboarding.

What other review sites say

GO Markets' iOS app rates 5.00 out of 5 from 6 ratings on the Australian App Store (July 2026), listed as GO Markets cTrader.

TradingView users rate GO Markets 4.2 out of 5 from 319 ratings (July 2026). 1.4K TradingView users have connected a GO Markets account.

App Store AU

5.00

6 ratingsJuly 2026

TradingView

4.2

319 ratings1.4K Traders via TradingViewJuly 2026View on TradingView

Account types and minimum deposit

Account options for AU clients

GO Markets runs GO Plus+ and Standard retail accounts on an AUD 200 minimum. GO Plus+ carries raw spreads plus commission and is the account that earns the broker’s cost score; Standard rolls costs into a spread that tested at 0.9 pips average on EUR/USD over May to June 2026.

GO Professional is a separate tier, not the standard raw account; eligible clients have to apply for it. Approval lifts leverage via a Dynamic Margin schedule (up to 500:1 on FX, stepping down in the pre-weekend window) and comes with discretionary once-off negative balance protection up to AUD 100,000.

Minimum deposit

AUD 200, on both the Standard and the GO Plus+ account. That is higher than the $0 minimums at Pepperstone and CMC, and it is the one place where GO Markets asks more of a new trader than the rest of the raw cohort. It is still a small balance to start on.

Funding and withdrawals

Deposit methods (AU clients)

Withdrawals

$0 fee on standard methods. Withdrawals must use the same source as deposits where possible.

Account opening

Fully online and AUSTRAC-compliant. Most AU applications are approved within 24 hours.

Product range

GO Markets covers the standard AU multi-asset CFD set with depth in forex, and the six classes it lists are the mainstream CFD markets in Australia. It does not publish an instrument count for most of them, so the table below reports the coverage its AU product list names rather than a number we cannot check.

ETF CFDs track the global benchmark funds and sit next to the share CFD list rather than replacing it. The crypto CFDs carry ASIC’s 2:1 retail leverage cap, the tightest cap on this page and one that applies at every ASIC broker.

Share CFDs

GO’s share CFD selection spans ASX, NYSE, NASDAQ and LSE names but the range trails the multi-asset specialists, per the cons. Every position here is a CFD, which is why the alternatives table below sends readers who want direct ASX share investing to CMC Markets or Interactive Brokers instead. For how the class works and who leads it in this market, read the share CFD market guide.

Gold and index CFDs

Gold, silver and the energy contracts trade next to the ASX 200 and the global index majors. ASIC’s 20:1 retail cap covers gold and the major indices. GO Markets does not publish a tested gold spread on this page, so we do not quote one. For the wider field, see our guides to gold CFDs in Australia and trading index CFDs.

Leverage for AU traders

GO Markets holds both retail accounts to the ASIC caps; the account split changes commission, never leverage. The only route above the retail ceiling is the GO Professional tier, which you apply for rather than switch on.

ASIC caps retail CFD leverage at 30:1 on major forex pairs, 20:1 on minor pairs, gold and major indices, 10:1 on commodities other than gold, 5:1 on share CFDs and 2:1 on crypto assets. The caps come from a product intervention order that ASIC has extended to 23 May 2027, so they apply at every ASIC broker, not just GO Markets. GO Markets offers higher leverage to wholesale clients who pass the eligibility tests: up to 500:1 on forex under the GO Professional Dynamic Margin schedule, which steps down in the pre-weekend window.

ASIC requires every CFD issuer to close out a retail client’s positions once account equity falls below 50 percent of the total initial margin on all open positions. The rule is set by the product intervention order and applies to GO Markets the same way it applies to every ASIC-licensed CFD issuer. Positions cannot be netted off against each other to reduce that figure, and a gapping market can close a position below the 50 percent level.

Before you weigh that up, read what leverage means for your margin, then the high leverage broker list.

Customer service

24 hours, Monday to Friday Sydney time. Phone, live chat and email. Languages supported: English, Mandarin, Arabic, Vietnamese.

Research and education

GO Markets’ research stack is mid-tier in our 29-broker coverage. Strong on the basics, lighter than CMC’s Morningstar-backed feed or Pepperstone’s Trading Central integration.

• Daily market analysis published to the GO Markets blog
• Webinars run by in-house analysts
• Beginner education library covering forex, CFDs, technical analysis
• Signal Centre premium signal feeds
• Economic calendar
• Regular podcast and YouTube content

How GO Markets compares to alternatives

No broker wins on every axis. The table points to the broker we would pick for a given priority; for the full field, see our top Australian forex brokers guide.

Should you open an account with GO Markets?

Open a GO Markets account if you want raw cohort pricing with the widest platform spread among the mid tier brokers; GO Plus+ tested at 0.10 pips average and the stack runs MT4, MT5, cTrader and TradingView. Skip it if the Standard account is where you would sit, because its 0.9 pip tested average is beaten comfortably elsewhere, or if brand depth and research matter, where Pepperstone and CMC Markets lead. A demo covers every platform.

Open a GO Markets demo → (affiliate link, see our advertiser disclosure)