GO Markets Review 2026
True ECN Execution with cTrader Access
GO Markets Overview
GO Markets is an Australian-based ECN broker that has been operating since 2006, making them one of the oldest retail forex brokers in Australia. Headquartered in Melbourne, they've built a strong reputation for providing true ECN execution with raw spreads from 0.0 pips and access to the professional-grade cTrader platform alongside MetaTrader 4 and 5.
With ASIC regulation as their cornerstone, GO Markets focuses on delivering institutional-grade trading conditions to retail traders. Their GO Plus+ account offers raw spreads with a competitive $3 per lot commission, making them particularly attractive to scalpers, day traders, and algorithmic traders who value execution quality and transparent pricing.
GO Markets Pros & Cons
✓ Advantages
- True ECN execution with raw spreads from 0.0 pips
- ASIC regulated since 2006 - Australian heritage and trust
- cTrader platform with Level II pricing and depth of market
- Low $3 per lot commission on GO Plus+ accounts
- Excellent for Australian traders (AUD accounts, BPAY deposits)
- VPS hosting available for algorithmic trading strategies
- No dealing desk intervention - direct market access
- Over 1,000 trading instruments available
✗ Disadvantages
- Higher minimum deposit ($200) compared to some competitors
- $15/month inactivity fee after 12 months of no activity
- Limited cryptocurrency selection (only 15 pairs)
- Customer support not available 24/7
- No social/copy trading features built-in
- Smaller instrument range than mega-brokers
Why Choose GO Markets?
True ECN Execution
Raw spreads from 0.0 pips with direct market access. No dealing desk intervention means your orders go straight to liquidity providers.
Australian Heritage
ASIC regulated since 2006. One of Australia's oldest retail forex brokers with a spotless regulatory track record.
cTrader Platform
One of the few Australian brokers offering cTrader with Level II pricing, depth of market, and cAlgo for automated trading.
Low Commission
Only $3 per lot round turn on GO Plus+ accounts. Highly competitive for ECN execution quality.
VPS Hosting
Free VPS for algorithmic traders running Expert Advisors 24/7. Essential for automated strategy execution.
Local Banking
BPAY and POLi deposits for Australians. AUD accounts available to avoid currency conversion fees.
GO Markets Fees & Costs
GO Markets operates a transparent fee structure with two account types. The Standard account has wider spreads but no commission, while the GO Plus+ account offers raw spreads from 0.0 pips with a $3 per lot commission. Non-trading fees include a $15/month inactivity charge after 12 months.
Cost Analysis:
Account Type Comparison
| Feature | Standard Account | GO Plus+ Account |
|---|---|---|
| Spreads | From 1.0 pips | From 0.0 pips |
| Commission | None | $3 per lot |
| Execution | STP | ECN |
| Min Deposit | $200 | $200 |
| Best For | Casual traders | Active traders |
GO Markets Safety & Regulation
GO Markets is one of Australia's oldest retail forex brokers, operating under ASIC regulation since 2006. Their regulatory framework includes Tier-1 ASIC oversight for Australian clients and CySEC for European clients, providing comprehensive protection across major markets.
ASIC (Australia)
License: 254963
Tier 1 Regulator
Australian Securities and Investments Commission. Client funds held in segregated accounts with NAB and Commonwealth Bank.
CySEC (Cyprus)
License: 322/17
Tier 2 Regulator
Cyprus Securities and Exchange Commission. EU clients benefit from MiFID II protections and €20,000 ICF coverage.
FSA (Seychelles)
License: SD043
Offshore
Seychelles Financial Services Authority. Provides higher leverage options for international clients outside regulated jurisdictions.
Client Protection Measures
Segregated Funds
Client funds held separately from company funds in top-tier Australian banks (NAB, CBA)
Negative Balance Protection
Cannot lose more than deposited under ASIC retail client rules
SSL Encryption
256-bit SSL encryption protecting all data transmission
AFCA Membership
Australian Financial Complaints Authority for dispute resolution
GO Markets Trading Platforms
GO Markets offers four trading platforms: MetaTrader 4, MetaTrader 5, cTrader, and their web-based GO WebTrader. The cTrader availability is particularly notable as it's rare among Australian brokers and offers professional-grade features including Level II pricing.
MetaTrader 4
The industry standard. Full support for Expert Advisors, custom indicators, and one-click trading. Available on desktop, web, and mobile.
- Expert Advisors (EAs)
- 30+ built-in indicators
- 9 timeframes
- One-click trading
- Mobile apps (iOS/Android)
MetaTrader 5
Next-generation MetaTrader with improved charting, more timeframes, and built-in economic calendar. Multi-asset capable.
- 21 timeframes
- 80+ built-in indicators
- Economic calendar
- Depth of Market
- Improved backtesting
cTrader
Professional-grade platform with Level II pricing, advanced charting, and cAlgo for automated strategies. Superior execution transparency.
- Level II pricing (DOM)
- 70+ technical indicators
- cAlgo automation
- Advanced chart types
- Quick trade from chart
GO WebTrader
Browser-based platform requiring no download. TradingView charts integration, real-time data, and multi-device synchronization.
- No download required
- TradingView charts
- Cross-device sync
- Real-time quotes
- Order management
GO Markets Account Types
Standard Account
- Spreads: From 1.0 pips
- Commission: None
- Execution: STP
- Min Deposit: $200
- Leverage: Up to 500:1*
- Platforms: All
Best for casual traders who prefer simple, commission-free pricing with all-inclusive spreads.
GO Plus+ Account
- Spreads: From 0.0 pips (raw)
- Commission: $3 per lot
- Execution: ECN
- Min Deposit: $200
- Leverage: Up to 500:1*
- Platforms: All
Best for active traders, scalpers, and EAs seeking lowest total cost with true ECN execution.
*Leverage up to 500:1 available through international entity. Australian retail clients limited to 30:1 under ASIC rules.
Deposits & Withdrawals
Withdrawal & Payment Information
Complete overview of payment processing, fees, and conditions
Key Details
Quick Analysis
Customer Support
Phone Support
Australian local number available
Mon-Fri: 7am-7pm AEST
Live Chat
Real-time assistance through website
Mon-Fri: 7am-7pm AEST
Email Support
Detailed query resolution
Response within 24 hours
Help Center
Self-service knowledge base
Available 24/7
Note: GO Markets' support hours are not 24/7, which may be a limitation for traders active during off-hours. However, their Melbourne-based team provides quality local support during business hours.
Frequently Asked Questions
Frequently Asked Questions
Is GO Markets safe and regulated?
Yes, GO Markets is highly safe. They are regulated by ASIC (Australian Securities and Investments Commission) with license number 254963 since 2006, making them one of Australia's oldest retail forex brokers. They also hold CySEC regulation for European clients. Client funds are held in segregated accounts with top-tier Australian banks, providing strong protection.
What is the minimum deposit for GO Markets?
GO Markets requires a minimum deposit of $200 (or equivalent in other currencies) for both Standard and GO Plus+ accounts. While this is slightly higher than some competitors, it reflects their focus on serious traders who value ECN execution quality.
Does GO Markets offer true ECN execution?
Yes, GO Markets offers true ECN (Electronic Communication Network) execution through their GO Plus+ account. This provides raw spreads from 0.0 pips with direct market access and no dealing desk intervention. The commission is a competitive $3 per lot round turn.
What trading platforms does GO Markets support?
GO Markets offers four trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and their proprietary GO WebTrader. The cTrader platform is particularly notable for its Level II pricing, depth of market, and advanced charting capabilities.
Does GO Markets charge inactivity fees?
Yes, GO Markets charges a $15 monthly inactivity fee if there has been no trading activity for 12 consecutive months. This can easily be avoided by placing at least one trade per year to keep your account active.
Can I use Expert Advisors (EAs) with GO Markets?
Yes, GO Markets fully supports Expert Advisors and automated trading on both MT4 and MT5 platforms. They also offer VPS (Virtual Private Server) hosting services for traders who need to run their automated strategies 24/7 with minimal latency.
What leverage does GO Markets offer?
GO Markets offers leverage up to 1:500 for professional clients through their international entity. Australian retail clients are limited to a maximum of 1:30 for major forex pairs under ASIC regulations, which is designed to protect retail traders.
Is GO Markets good for Australian traders?
GO Markets is excellent for Australian traders. They are ASIC regulated with headquarters in Melbourne, offer AUD-denominated accounts, support BPAY and POLi for local deposits, and provide local customer support. Their Australian heritage since 2006 makes them a trusted choice for local traders.
Does GO Markets offer cTrader platform?
Yes, GO Markets is one of the few Australian brokers offering the cTrader platform. cTrader provides Level II pricing, advanced charting with 70+ indicators, cAlgo for automated trading, and superior execution quality. It's popular among professional traders who want transparency.
How fast are withdrawals from GO Markets?
Withdrawal speeds at GO Markets vary by method: e-wallets (Skrill, Neteller) process within 24 hours, credit/debit cards take 1-3 business days, and bank transfers take 1-3 business days. All withdrawal methods are free of charge, which is a significant advantage.
GO Markets Final Verdict
Best For
- Australian traders seeking ASIC-regulated ECN broker
- cTrader platform enthusiasts wanting Level II pricing
- Scalpers and active traders prioritizing execution quality
- Algorithmic traders needing VPS hosting and EA support
- Traders who value transparency over marketing gloss
Not Ideal For
- Complete beginners seeking extensive hand-holding
- Social/copy trading enthusiasts
- Crypto-focused traders wanting extensive selection
- Those requiring 24/7 customer support
Minimum deposit $200 • ASIC regulated • True ECN execution
Complete GO Markets Company Overview
Essential company information, trading conditions, and account details
Deposits & Accounts
- Minimum Deposit: $200
- Base Currencies: AUD, USD, EUR, GBP
- Islamic Account: Available
Trading Conditions
- Max Leverage: 1:500
- Instruments: 350+
- Execution: ECN/STP
Company Info
- Founded: 2006
- Headquarters: Melbourne, Australia
- Regulations: ASIC, CySEC, FSA
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