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GO Markets

Australia Australia
Forex & CFDs ยท since 2006
3.8
/ 5 โ˜…
RegulationASIC, CySEC, FSC(MU), FSA(SC)
Min. deposit$0
Leverage1:1 โ€“ 1:500
PlatformsMT4, MT5, cTrader, TradingView
InstrumentsForex & CFDs
Founded2006
๐Ÿ›๏ธ Which entity will open your account?
๐Ÿ“ Pick your country above and we'll tell you exactly which entity opens your account at GO Markets.
How is this decided and how do I verify it? โ†’

Regulation by region

The entity you sign with โ€” and your protection โ€” changes depending on where you live.

United Kingdom
No FCA (post-Brexit)STP
No own FCA license; UK without FSCS
European Union
CySEC with ICFSTP
Go Markets Ltd (322/17) โ€” ICF up to โ‚ฌ20,000
United States
Not served
No CFTC/NFA registration
Australia
ASIC no compensationSTP
GO Markets Pty Ltd (AFSL 254963) โ€” no retail compensation scheme
Rest of the world
Offshore Seychelles/MauritiusSTP
GO Markets International Ltd (FSA SD043) / GO Markets (MU) (FSC GB 19024896) โ€” offshore, no compensation

All licenses

Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).

AustraliaASICRegulatedSTPAFSL 254963
CyprusCySECRegulatedSTP322/17
MauritiusFSCRegulatedSTPGB 19024896
SeychellesFSAOffshoreSTPSD043

Account types

Standardno commission, spreads from ~0.8 pip; forex/indices/commodities/crypto/stocks CFD
GO Plus+raw from 0.0 pip + commission ~$2.5/side
Share CFDsstock CFDs at real value with commission, MT5 only
Islamicswap-free depending on jurisdiction

Pros

โœ“Transparent operation
โœ“Good reputation
โœ“Competitive costs

Cons

โœ—Outside your region, offshore entity
โœ—Very high leverage (more risk)

Breakdown by axis

The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.

Regulation: Tier-1 + offshore14/22 pts
Why: ASIC 254963 + CySEC 322/17 (genuine); the rest of the world's retail via Mauritius/Seychelles = offshore
Withdrawals / payments: Isolated complaints10/20 pts
Why: mostly clean (withdrawals 1-2 days); a minority of 'account under review' holds; no regulatory action
Fund safety: Segregated (no compensation)8/15 pts
Why: segregated; ICF EUR20k EU only; ASIC/offshore no compensation
Transparency: Clear10/10 pts
Why: no fines; the FCA 2023 relinquishment was administrative
Reputation: Strong10/10 pts
Why: founded 2006; Trustpilot ~4.4, EA-friendly (free VPS)
Costs: Competitive8/8 pts
Why: GO Plus+ raw 0.0 + $6 round-turn; min $0

Sources

Don't take our word for it โ€” check it yourself. These are the official registries and legal pages we relied on.

๐Ÿ”— ASIC AFS Licensee โ€” GO Markets Pty Ltd (AFSL 254963)๐Ÿ”— CySEC registration โ€” Go Markets Ltd (322/17)๐Ÿ”— GO Markets โ€” legal documents

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