Trade forex with a bonus, no deposit needed

GO Markets Review: Is GO Markets a Safe Broker for Your Trading?

GO Markets is an STP/ECN forex and CFD broker based in Australia, founded in 2010. Regulation: ASIC - Australian Securities and Investments Commission. This GO Markets review explains its regulation, trading costs, account types, payment methods and bonuses in plain words, so you can decide quickly if it fits your trading.

★ Broker reviewMT4 STP/ECN ✓ Regulated

GO Markets at a Glance

A regulated forex and CFD broker with a $200 minimum deposit, spreads from 3.0, leverage up to 1:400 and MT4 platforms. Hedging, scalping and news trading allowed.

Foundation year
2010
Regulation
ASIC - Australian Securities and Investments Commission
Headquarters
Level 50, 120 Collins Street Melbourne, VIC, 3000 Australia
Promotion
Yes
Minimum deposit$200to open a live account
Min. deposit
$200
Max leverage
1:400
Spreads from
3.0

Trading CFDs carries a high risk of losing money.

GO Markets Broker Overview

By ForexAllBonus Editorial Team· 11 min read· Fact-checked against broker data

Here is every key fact about GO Markets in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.

GO Markets key facts
FeatureGO Markets
Broker nameGO Markets
Foundation year2010
HeadquartersLevel 50, 120 Collins Street Melbourne, VIC, 3000 Australia
CountryAustralia
Telephone+61 3 8566 7680
Email / Skypesupport@gomarkets.com.au
Fax+61 3 9225 5067
Regulated byASIC - Australian Securities and Investments Commission
Type of brokerSTP/ECN
Min. deposit$200
Max leverage1:400
Min. spreads3.0
Funding methodsWebMoney - Neteller - Bank Wire - Debit/Credit Card - cashU - Fasapay - Bpay
Withdrawal methodsWebMoney - Neteller - Bank Wire - Debit/Credit Card - cashU - Fasapay - Bpay
Base currenciesUSD
LanguagesEnglish
Trading platformsMetaTrader 4 (MT4)
Web trading✓ Yes
Mobile trading✓ Yes
News trading✓ Yes
Hedging & scalping✓ Yes
Free demo account✓ Yes
Mini accounts✓ Yes
VIP accounts✓ Yes
Managed accounts✓ Yes
Segregated accounts✓ Yes
Islamic accounts✓ Yes
Swap free accounts✓ Yes
No deposit bonus✗ No
PromotionYes

In simple words: traders get MetaTrader 4 (MT4), spreads from 3.0, leverage up to 1:400 and a $200 minimum deposit. New clients can also check the current Yes.

Is GO Markets Safe? Regulation and Company Details

GO Markets is a regulated broker. ASIC - Australian Securities and Investments Commission. The broker says client money is kept in segregated accounts, separate from company funds.

RG

Regulation

ASIC - Australian Securities and Investments Commission

HQ

Head office

Level 50, 120 Collins Street Melbourne, VIC, 3000 Australia (Australia)

SF

Client funds

Client money is held in segregated accounts, apart from company funds.

YR

Track record

In business since 2010. Support is reachable by phone and email.

Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:400.

GO Markets Trading Conditions

Spreads and commissions

GO Markets spreads start from 3.0. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.

Leverage

Maximum leverage reaches 1:400, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.

Trading platforms

MetaTrader 4 (MT4)

Desktop platform

Trading styles allowed

Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.

This GO Markets review covers regulation, fees, platforms and bonuses.

Official website: GO Markets

GO Markets Account Types

GO Markets offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $200 deposit.

Free demo account

Practise with virtual money and test strategies risk-free.

Mini accounts

Smaller trade sizes and a low entry cost for beginners.

VIP accounts

Tighter pricing and priority service for larger balances.

Managed accounts

Let a strategy provider or money manager trade for you.

Segregated accounts

Client funds are kept apart from company money.

Islamic / swap-free

No overnight swap charges, in line with Sharia principles.

You can open accounts in these base currencies: USD. Choosing the currency you spend in helps you avoid conversion fees.

Deposits and Withdrawals at GO Markets

GO Markets supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.

  • WebMoney - Neteller - Bank Wire - Debit/Credit Card - cashU - Fasapay - Bpay

E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.

GO Markets Bonus and Promotions

Bonuses are a big reason traders search for GO Markets. Availability depends on your country and the account type.

  • Yes — the current promotion for GO Markets clients. Check the volume rules before you claim it.

How bonus credit really works

  • Bonus credit is used as margin; it usually cannot be withdrawn directly.
  • Profits made with the bonus are yours, but a minimum trading volume often applies first.
  • Withdrawing money early can remove part or all of the bonus.
  • Bonuses are not offered in every country or on every account type.

Bonus terms change often. Always read the latest rules on the official GO Markets website before accepting any offer.

GO Markets Pros and Cons

Pros

  • Regulated: ASIC - Australian Securities and Investments Commission
  • Yes
  • Low $200 minimum deposit
  • Spreads from 3.0, STP/ECN execution
  • MetaTrader 4 (MT4)
  • Hedging and scalping allowed
  • Islamic, mini, VIP and managed accounts

Cons

  • No no-deposit bonus
  • Bonus comes with trading-volume rules

How to Open a GO Markets Account

  1. RegisterFill in your name, email, country and phone number on the GO Markets sign-up page.
  2. Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
  3. Choose an accountPick the account type, base currency, leverage and platform (MT4).
  4. Fund and tradeDeposit from $200 with your preferred method, claim any eligible bonus, then log in and start trading.

About GO Markets

GO Markets Review: Overview

GO Markets is an STP/ECN forex broker founded in 2010 and based in Australia. Its head office is at Level 50, 120 Collins Street, Melbourne, VIC, 3000, Australia. The broker offers online trading in forex and other markets, aimed at both newer traders and more experienced clients who want direct market access.

STP (straight-through processing) and ECN (electronic communication network) describe how orders are routed. In a typical STP/ECN model, client orders are passed on to liquidity providers rather than being handled only in-house. Pricing therefore depends on market conditions, which is one reason spreads can change throughout the day.

This review looks at the main areas traders usually compare: regulation, account types, platforms, costs, funding methods, bonuses and support. You can find the official site at GO Markets.

Risk warning: trading forex and CFDs on leverage carries a high risk of losing money quickly. Only trade with funds you can afford to lose, and make sure you understand how leverage works before you open a position.

Regulation and Safety

GO Markets is regulated by the ASIC (Australian Securities and Investments Commission), Australia's national financial regulator. ASIC sets rules for how brokers must conduct business, including requirements around disclosure, dealing with clients and handling client money.

The broker also states that it holds segregated client funds. In general terms, segregation means client money is kept separate from the company's own operating money. This does not protect you from trading losses, but it is an important safeguard if a broker runs into financial difficulty. Regulation is never a guarantee of profit, and no regulator can remove the market risk of a leveraged position.

Before opening an account, read the broker's client agreement, risk disclosure and the policies on client money. Check the official website for the current regulatory details, as these documents can be updated over time.

Account Types

GO Markets offers a range of account types, so traders with different budgets and needs can find a suitable option. The broker lists the following:

  • Standard accounts for traders who want regular access to the platforms and trading conditions.
  • Mini accounts for those who prefer smaller position sizes and a lower entry point.
  • VIP accounts for more active clients, with terms that may differ from the standard offering.
  • Islamic accounts that are designed to be swap-free, for clients who follow Sharia principles.
  • Swap-free accounts, which do not charge overnight financing on positions.
  • Managed accounts, for clients who want their trading handled by a professional manager instead of trading themselves.

The base currency for accounts is USD. If your home currency is different, check how conversions are handled, because currency conversion can affect your profit and loss. The minimum deposit is 200. Conditions such as leverage and spreads can vary by account type and by country, so compare the details for each account before you choose one.

For beginners, GO Markets offers a free demo account. A demo account lets you practise order entry, test strategies and get used to the platform without risking real money. Demo results do not always match live trading, since real fills, emotions and market speed all play a role.

Trading Platforms

GO Markets gives clients access to MetaTrader 4 (MT4), one of the most widely used retail trading platforms. MT4 supports charting, technical indicators, custom tools and automated strategies through Expert Advisors. Many traders already know the platform, which makes it easier to switch brokers without learning a new system.

Clients can also trade through a web browser without installing software, and through the mobile trading option. This is useful if you need to check or manage positions away from your desk. Whichever option you use, make sure your internet connection and device are reliable, since fast price changes can make delays costly.

Trading rules are also relevant to platform use. GO Markets allows hedging, scalping and news trading. These strategies suit different styles, but they are not risk-free. Scalping involves many short trades and can increase costs. News trading can produce sudden price gaps and wide spreads around major announcements. Check the broker's full trading rules before using any of these approaches.

Spreads, Fees and Leverage

GO Markets lists minimum spreads from 3.0. Spreads are the difference between the buy and sell price, and they are one of the main costs of trading. Spreads are usually wider during quiet hours and around high-impact news, so the figure above is a starting point rather than a guarantee for every trade.

Leverage at GO Markets can go up to 1:400. High leverage allows you to control a larger position with a smaller amount of capital, but it also magnifies losses. A small move against you can wipe out a large share of your balance. Leverage may be lower depending on your country of residence and the account you choose, so check the exact limit for your situation.

When comparing costs, look beyond the headline spread. Consider commissions if they apply to your account, any overnight financing charges, possible deposit and withdrawal fees from payment providers, and currency conversion costs. Swap-free and Islamic accounts remove overnight financing, but they may carry other terms. The broker's fee schedule is the only reliable source for current charges.

Deposits and Withdrawals

GO Markets accepts the following deposit methods:

  • WebMoney
  • Neteller
  • Bank Wire
  • Debit/Credit Card
  • cashU
  • Fasapay
  • Bpay

Withdrawals are available through the same list of methods. This is convenient, because you can usually return funds through the channel you used to deposit. Processing times, limits and any fees depend on the payment provider and the method you choose, so check these before you transfer money.

Keep in mind that some payment methods are better suited to certain regions. Bank transfers can take longer than e-wallets, while card and wallet payments may have their own restrictions. Always confirm that a method is available for your country and that the account name matches your identity documents.

Bonuses and Promotions

GO Markets offers a welcome bonus and other promotions. It does not offer a no-deposit bonus, so you will need to fund your account to access the current offers. Bonus details can change, and each promotion usually comes with conditions such as eligibility rules, trading volume requirements and withdrawal restrictions.

Read the full bonus terms before you accept any offer. Pay particular attention to how bonus funds are treated when you withdraw, how long you have to meet any conditions, and whether a bonus can affect your margin or leverage. A bonus is not free money, and it should never be the main reason you choose a broker.

Customer Support

The GO Markets website is available in English. For support, clients should check the contact options listed on the official website, such as contact forms, email, phone or live chat, along with their opening hours. Support quality is best judged by testing it yourself, for example by asking a pre-sales question before you deposit and noticing how quickly and clearly it is answered.

If you are considering a deposit, it is a good idea to confirm any support or account questions in writing so you have a record of the answer.

Pros and Cons

Pros

  • Regulated by ASIC, with segregated client funds stated by the broker.
  • Established in 2010, with a head office in Melbourne.
  • STP/ECN model with spreads from 3.0.
  • Access to MetaTrader 4 (MT4), with web and mobile trading.
  • Free demo account for practice.
  • Wide range of account types, including mini, VIP, Islamic, swap-free and managed accounts.
  • Hedging, scalping and news trading are allowed.
  • Many deposit methods, and the same options for withdrawals.
  • Welcome bonus and other promotions available.

Cons

  • Leverage up to 1:400 increases the risk of rapid losses.
  • No no-deposit bonus is offered.
  • The website is available in English only.
  • Bonus conditions can change and may be complex.
  • Spreads, fees and leverage can vary by account type and country, so the headline figures may not apply to you.
  • Payment method availability and processing times depend on your location.

Verdict

GO Markets is a established STP/ECN broker with ASIC regulation, a long track record since 2010, and a broad selection of account types. Its support for MetaTrader 4, web and mobile trading, a free demo account and many funding methods make it a practical option for many traders. The Islamic and swap-free accounts add flexibility for clients with specific needs.

The main points to weigh are leverage of up to 1:400, which can amplify losses, and the fact that conditions vary by account and country. Before you open an account, compare the spreads and fees for your chosen account type, read the bonus terms carefully and test the platform on a demo account. The official website at <

Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.

Final Verdict: Should You Choose GO Markets?

GO Markets offers a $200 entry cost, MT4 platforms and a track record since 2010.

GO Markets suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.

GO Markets Review FAQ

What are the best Forex promotions?

Find out which forex promotion is the best for you. We have listed our top ten list of the best forex promotions available today. Check it out!

How can I find the best Forex promotions?

You can find the best forex promotions here. We have a list of the top 10 forex brokers with their latest offers and bonuses. Compare the top 10 forex brokers to find out which one is better for you! Find out about their trading platforms,

What should I look for in a Forex promotion?

best forex promotions, top forex promotions, find the best forex promotion. Find out what to look for when searching for the best forex promotion.

What are the best forex promotions for traders?

The best forex promotions can be found here. We have a wide range of products that will help you make money in the market. Find out more about our services by visiting our website today!

What are the various benefits of forex trading?

If you have been thinking about learning more about forex trading, then this article is a great place to start. Check

GO Markets User Reviews

No trader reviews yet for GO Markets. Traded with this broker? Share your experience with the community on Telegram.