Go Markets Review – Is it a Scam or Legit Broker?
Broker status
|
Regulated Broker |
Regulated by
|
ASIC, CySec, FSC |
Scammers Websites
|
gomarkets.com |
Blacklisted as a Scam by
|
N/A |
Owned by
|
Go Markets PTY LTD |
Headquarters Country
|
Australia, Cyprus, Mauritius |
Foundation year
|
2006 |
Supported Platforms
|
MT4, MT5 |
Minimum Deposit
|
$200 |
Cryptocurrencies
|
Forex, stocks, commodities, index |
Types of Assets
|
No |
Maximum Leverage
|
500:1 |
Free Demo Account
|
Yes |
Is Go Markets licensed broker?
Go Markets, as a broker is licensed by CySec and ASIC. This means that you can safely invest with this broker. We were a little suspicious of an offshore entity. A company with a solid reputation and legitimate headquarters would not need offices in Mauritius or a Tier3 license.
How unsafe is an unlicensed broker?
Unlicensed brokers can pose a risk to investors because there is no agency that has the traders’ best interests in mind and who looks over the broker’s shoulders to ensure best practices are being observed. Investors are at risk of losing their money/investments in a large number of cases if they trade unlicensed or unregulated brokers.
Go Markets: Traders’ Perspectives
Go Markets has a Google review page with 40 reviews. The primary positive is the client support they received. This is in line with the fact that the broker offers both account types with 24/5 customer service.
MetaTrader 4 and MetaTrader 5, available at Go Markets Trade Software
Clients have the option to choose from two types of main accounts: Go Plus+ or Standard. There are very few differences between these two types of account.
The main difference between the account types is the spread of 0,0 on the Go Plus+ account. This is due to the fact that the Plus account type is tied to commissions.
Go Markets Deposit and Withdrawal Methods and Fees
You can deposit funds to your Go Markets trading accounts by wire transfer or credit card.
All withdrawals from your Go Markets trading accounts use the original source of funding. This is to ensure compliance with anti-money laundering laws. These payments may take between 2 and 5 days.
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Go Markets: Video
Below you will find a short video about Go Markets. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Go Markets!
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Copywriter with more than 10 years of experience. Wrote analytical content for one of the largest forex brokers in the world. Works as an editor-in-chief at assistance-refund.com
FacebookFAQ
- What Is Go Markets?
The broker is an international broker that facilitates trades for its clients in the Forex and CFD markets.
- Is Go Markets a Scam Broker?
Go Markets is a licensed and regulated broker. The license held by Go Markets is from the FSC and they are regulated by ASIC and CySec.
- Is Go Markets Available in the United States or UK?
Go Markets is available to clients in the UK with a maximum leverage limit of 30:1. Go Markets is NOT available to clients based in the United States.
- Does Go Markets Offer a Demo Account?
Does offer a comprehensive Demo Account which gives clients 50,000 $ in virtual currency as a means of testing and learning about the MT4/5 trading platform.
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