GO Markets Information

GO Markets is an Australia-based Forex and CFDs broker founded in 2006, providing 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, and the FSA (Seychelles).

GO Markets is one of the first Australian MetaTrader 4 brokers, later on, it added MetaTrader 5, WebTrader, cTrader and mobile apps to its suite of services. The broker is well known for its strict compliance and competitive spreads.

GO Markets Pros & Cons

GO Markets Legit？

GO MARKETS is an online forex brokerage company that is regulated by multiple regulatory bodies including ASIC, CYSEC, and FSA.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	ASIC	GO MARKETS PTY LTD	Market Making (MM)	254963
	CYSEC	Go Markets Ltd	Market Making (MM)	322/17
	FSA	Go Markets International Ltd	Retail Forex License	SD043

• GO Markets Pty Ltd - authorized by ASIC (Australia) registration AFSL: 254963 ABN: 85 081 864 039

• GO Markets Ltd - authorized by CySEC (Cyprus) registration no. 322/17

• GO Markets International Ltd - offshore regulated by the FSA (Seychelles) license no. SD043
  

Market Instruments

With Go Markets, clients can easily trade with over 1,000 products, covering Fore, Shares CFDs, Indices, Metals, Commodities, and Treasury. However, this broker does not trading on some other popular asssets like Futures, options, or ETFs.

GO Markets Account Types

The broker offers two account types Standard and GO Plus Accounts with the flexibility to manage the trading way and choose the best fit. So there is an option between a Standard trading proposal based on spread charges and access to a true ECN environment via GO Plus+ specifically designed through light-fast technology.

The Standard account caters to traders seeking accessibility, requiring a minimum deposit of $200 and offering leverage up to 500:1 across forex, metals, commodities, and indices markets. Conversely, the Pro account is geared towards more experienced traders, demanding a higher minimum deposit of $300 while providing the same leverage and instrument range as the Standard account. Notably, the account can be only opened USD.

Notably, the GO Plus+ account supports 9 different base currencies including AUD, GBP, EUR, NZD, USD, SGD, CHF, CAD, HKD.

GO Markets Leverage

GO Markets Leverage depends on the entity you have an account with since leverage falls under certain regulations. International Traders can access high-leverage ratios. For forex trading, GO Markets Pty Ltd, Mauritius (FSC regulated) offers generous leverage up to 1:500.

GO Markets Spreads & Fees

Apart from offering one of the best spreads for the products suite, GO Markets is also the most competitive in terms of holding costs or overnight swaps. GO Markets offers Swap-Free Accounts to traders available on the Standard and GO Plus+ accounts on Meta trader platforms. GO Markets Swap-Free account is available to legitimate holders who are Muslim and cannot use “swaps” due to their religious belief.

Further, the GO Plus Account is already a choice for advanced traders or those whose strategy requires it as spreads from 0.0 pips and trading costs inbuilt in the commission as low as $2.5 per side.

GO Markets spreads are aggregated from 22+ Tier 1 and 2 liquidity providers making them go as low as 0.0 pips. The GO Markets average spreads for Standard and GO Plus+ accounts are listed on their page. However, the data is provided for general information only and is taken over a one-month period. Prices shown may vary. For instance, see below a comparison of the Standard spread offering, as well as your comparing fees to another popular broker.

Besides, always consider overnight fee as a cost, also known as Rollover rate or interest for holding positions open overnight.

GO Markets Trading Platforms

In terms of trading platform suppored, GO Markets offers a robust suite, which makes it stands tall among most brokers. MetaTrader 4 and 5 platforms provide advanced charting tools, expert advisors, and VPS options. The user-friendly cTrader platform enables advanced customization and order capabilities. Copy trading solutions like MetaTrader Copy Trader and cTrader Copy Trading allow following successful traders' strategies. Mobile trading apps for Android and iOS ensure access on-the-go. The GO WebTrader offers a web-based MT4 and MT5 experience without downloads.

Trading Tools

Additionally, GO Markets offers the following trading tools to enhance trading experience:

1. VPS (Virtual Private Server): A VPS provides continuous access and optimal speed for MT4 and MT5 platforms, ensuring vital speed and uninterrupted trading.
2. Autochartist: Autochartist specializes in real-time price action alerts, volatility analysis, and event impact assessments, allowing traders to easily apply charts and stay informed about market movements.
3. Trading Central: Trading Central offers a collection of programs that provide actionable investment support with 24-hour multi-asset coverage and analysis, empowering traders with comprehensive market insights.
4. MetaTrader Genesis: MetaTrader Genesis is a comprehensive suite of Expert Advisors (EAs) designed to enhance the capabilities of the standard MetaTrader platform, enabling advanced trading automation and strategy implementation.

GO Markets Deposits & Withdrawals

GO Markets offers free deposits through various payment methods, including Mastercard, Visa, Skrill, Neteller, and bank/wire transfers. These options support multiple currencies like AUD, USD, GBP, EUR, and others, serving traders across different regions.

Generally, GO Markets enables free internal withdrawals. However, withdrawals to non-Mauritian banking institutions may incur fees from intermediary banks and the recipient's bank. Withdrawal requests received before 7 AM MUT are processed the same day, while later requests are handled the next business day. All withdrawals are processed back to the original funding source for security. While GO Markets ensures a seamless withdrawal process, external fees from third-party banks may apply in certain cases.

GO Markets Customer Support

24/7 - live chat, contact form

Phone: +230 5869 0074 (International)

Email: support.mu@gomarkets.com, newaccounts.mu@gomarkets.com

Head Office: Level 7 Office 12, ICONEBENE Lot B441, Rue de LInstitut Ebene

GO Markets Education

And of course, since novice traders always pass through great challenges while exploring trading opportunities, GO Markets provide the educational materials and research resources necessary to perform seamless trading. Eventually, GO Markets educational programs and its GO Markets Academy are numerously award-winning materials that are defined by all levels of traders and available for Free use.

So in GO Markets Academy and Education Centre, you will find Forex trading learning courses, Video Tutorials, also Tutorials and regularly held Seminars and Webinars in various languages. Also, Demo Account is offered for free use with no limits where beginners can place their strategy at the test or see GO Markets environment.

As for the Research tools, besides very comprehensive research inbuilt into Metatrader 4 platform, GO Markets also cooperates with Autochartist and Trading Central providers so you can use its free trading signals and ideas for your benefit. Besides, thousands of MetaTrader 4 & 5 Add-ons remain at your suite which is defined by the instrument and specified criteria, where also you may use the great tool MT4 Genesis.

FAQs

Is Go Markets legit？

Yes, Go Markets operates legally, and it is regulated in three different jurisdications globally.

Is demo trading available at Go Markets？

Yes. It offers risk-free demo accounts.

Does Go Markets offer MT4/5？

Yes. Both MT4 and MT5 are available.

What is the minimum deposit required to open an account with Go Markets？

The minimum deposit required varies depending on the account type you choose. The Standard account requires a minimum deposit of $200, while the Pro account requires a minimum deposit of $300.

Is Go Markets a good broker for beginners？

Yes. It is a regulated broker that offers demo accounts and rich educational resources. But $200 minimum deposit requirement may be high for beginners.

Risk Warning

Trading online carries inherent risks, including the potential loss of invested capital. It may not be suitable for all traders or investors. It's essential to understand and acknowledge these risks before engaging in online trading.

Additionally, please note that the information provided in this review is subject to change as the company updates its services and policies. The date of this review's generation is also crucial, as information may have evolved since then. Therefore, readers are encouraged to verify updated information directly with the company before making any decisions or taking action. The reader assumes full responsibility for the use of the information provided in this review.

What is GOLDWELL CAPITAL？

GOLDWELL CAPITAL is a global brokerage firm based in Australia and also operated in Cambodia. It provides traders with access to market instruments including Forex, Precious Metals, CFDs. It is currently under ASIC (Australia Securities & Investment Commission) regulation with license no. 001304943 and exceeds SERC (Securities and Exchange Regulator of Cambodia) with license no. 009.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

GOLDWELL CAPITAL Alternative Brokers

There are many alternative brokers to GOLDWELL CAPITAL depending on the specific needs and preferences of the trader. Some popular options include:

• FxPrimus -With a strong commitment to safety and a wide range of trading tools, FxPrimus is an excellent choice for traders seeking a secure and feature-rich forex trading experience.

• ThinkMarkets - ThinkMarkets stands out for its competitive spreads and versatile trading platforms, making it a solid option for traders looking for cost-effective and accessible trading solutions.

• Windsor Brokers - Windsor Brokers' long-standing presence in the market, coupled with its educational resources, makes it a trusted partner for traders seeking to enhance their trading skills and knowledge.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is GOLDWELL CAPITAL Safe or Scam？

When considering the safety of a brokerage like GOLDWELL CAPITAL or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

• Regulatory sight: It currently under ASIC (Australia Securities & Investment Commission) regulation with license no. 001304943 and exceeds SERC (Securities and Exchange Regulator of Cambodia) with license no. 009. The regulation status makes it appears reliable, but it is important to note that experience alone does not guarantee the legitimacy or security of a brokerage.

• User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the company. Look for reviews on reputable websites and forums.

• Security measures: GOLDWELL CAPITAL bolsters security by implementing a comprehensive privacy policy, elucidating the meticulous handling and protection of users' personal data.

Ultimately, the decision of whether or not to trade with GOLDWELL CAPITAL is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

GOLDWELL CAPITAL offers a robust trading platform that encompasses a wide array of market instruments, providing traders with diverse opportunities.

In the realm of Forex, traders can participate in the dynamic foreign exchange market, engaging in currency pair trading and capitalizing on exchange rate fluctuations.

Precious Metals such as gold and silver are also available, offering a safe-haven asset class for those seeking to diversify their portfolios and hedge against economic uncertainties.

Furthermore, the inclusion of Contracts for Difference (CFDs) allows traders to speculate on the price movements of various assets, including stocks, indices, commodities, and cryptocurrencies, without owning the underlying asset.

Trading Platforms

GOLDWELL CAPITAL provides traders with the highly regarded MetaTrader 4 (MT4) platform, available on a range of devices, including Windows as well as Android, Mac OS, iOS mobile devices and web terminal. MT4 is known for its user-friendly interface, advanced charting tools, technical analysis capabilities, and automated trading features through expert advisors (EAs).

This multi-platform accessibility empowers traders to access their accounts and execute trades seamlessly from their preferred devices, whether they are at home, in the office, or on the go.

Overall, GOLDWELL CAPITAL trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders

See the trading platform comparison table below:

Trading Tools

GOLDWELL CAPITAL prioritizes equipping its traders with essential tools for informed decision-making. Two such invaluable resources include the Economic Calendar and Daily Market Analysis.

The Economic Calendar keeps traders abreast of key economic events, announcements, and data releases that could significantly influence financial markets.

Simultaneously, the Daily Market Analysis provides insightful commentary, forecasts, and market trends, helping traders stay ahead of market developments.

These tools empower traders to make well-informed decisions, adapt to market dynamics, and strategize effectively.

Deposits & Withdrawals

GOLDWELL CAPITAL simplifies the funding process by offering Bank Transfer as a secure and global option.

Clients initiate transfers at their local banks, and upon receipt of transfer references, GOLDWELL promptly deposits the funds into their trading accounts. This efficient approach ensures clients can capitalize on investment opportunities without delay.

Withdrawals are equally accessible through the online service center, with same-day processing for requests before noon on working days, and next working day processing for others.

Customer Service

GOLDWELL CAPITAL provides multiple customer service options to assist its clients. Customers can reach out to GOLDWELL CAPITAL through various channels to address their queries and concerns as below:

Phone: 23-888-778

Email：enquiry@goldwellcap.com.kh.

Address: No. 158, Street 215, Sangkat Vealvong,Khan 7Makara, Phnom Penh, Cambodia.

#300 64 Moore St, Liverpool NSW 2170, Australia.

Moreover, traders can access real-time assistance through live chat, submit inquiries via a convenient “Contact Us” form, or engage with the broker through social media platforms such as Facebook.

Conclusion

According to available information, GOLDWELL CAPITAL is a ASIC-regulated Australia-based brokerage firm who also operates in Cambodia and exceeds SERC regulation. While the firm offers a range of market instruments such as Forex, Precious Metals, energies and CFDs to traders, it is important to consider certain factors such as lack of regulations that may raise concerns. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from GOLDWELL CAPITAL before making any investment decisions.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.