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GOMarkets — Forex Broker

Advantages

Disadvantages:

  • No important disadvantages.

  See GOMarkets reviews

5.6/10 (449 votes)
Company GO Markets Pty Ltd
On-line since 2008
Country Australia
Payment options Wire transfer, BPAY, credit cards and PayPal
Minimum account size $1
Minimum position size 0.001 lot
Leverage up to 1:500
Categories
Spread 0.5-2 pips on EUR/USD
Regulation

Regulated by ASIC (registration number: ACN081864039).

Click here to open an account with GOMarkets

Reviews 

123 reviews of GOMarkets are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

  john barnes from kingston.
Friday, April 9, 2010

go help me to get started in forex trading, good client services and top notch platform

  Phiroze from Italy.
Sunday, April 4, 2010

Forex trading with Go Markets is good, they are good borker , no scandal and fine spreads.

quick for deposit and withdrawal

  ricko from abu dhabi.
Saturday, April 3, 2010

excellant service, no slippage for me and I am regular scalper, 300:1 and NO NFA stupid rules.

I think FX is good marketand confident in GO markets, much more profesional than past brokers.

  Samy from UK.
Saturday, April 3, 2010

good spreads but it doesnt matter since they give horrible fills, so u get slipped 2-3 pips. Not recommended if you are a scalper or a short term trader. Newbies here and so many other inexperienced traders just keep looking at the surface of a broker, and not analysing them properly. You need to know that even if spreads are good, but getting filled 2-3 pips away from clicked price means you are paying SPREAD plus 2-3 pip slippage (approx 4 pips) of commission EACH way (ENTRY and EXIT)!! This is horrible! Do not get fooled.

  Jamie from Sydney, Australia.
Friday, April 2, 2010

Happy with GoMarkets and would definitely recommend. Excellent customer service, great platform speeds and good spreads. Max. 1:300 leverage for >$10,000 account is very reasonable.

  karim from London.
Monday, March 29, 2010

No issues for me, great bunch of guys over their in oz , made me feel welcome to join their company. good spreads and fine speed . dont know why some people moan but you cant please everyone, they are probably a bunch of losers.

happy to recommend, please see us in London soon though for a seminar

  crapis from melbourne.
Monday, March 29, 2010

even traders in Forex Factory have started complaining about this broker: http://www.forexfactory.com/showthread.php?t=201161&page=14

The terrible execution speeds remain an issue and it is very wrong for gomkts to play decieving tactics. They will be reported to ASIC if this continues.

  Tony from Australia.
Sunday, March 28, 2010

Account was setup quickly and with ease, funded it by credit card and was trading same day. Never had a problem with fills or execution. Comments about negative customer service seem way off the mark, as they always reply to anything I send. Happy to have a good aussie broker!

  simon from Surrey UK.
Wednesday, March 24, 2010

I trade through Go, Oanda and Alpari.

Go seem to be winning on ethics and reliability of server.

I have had bad fills reinstated if the price was a fat finger spike plus the execution speed has no problem fo me in the UK.

Spreads remain low most of the time.

they do have some negative points, I can only get 300:1 as my account is over 10k , apparently they only give 500:1 to accounts of 10k or less

  Sam Rahim from Australia.
Tuesday, March 23, 2010

This is probably the worst broker I have come across. Their spread will go as high as 70 pips during news times. Customer service is bad they wont even reply to your emails if you have a problem. No after hours support. Typical bucket shop broker will dissapear with your money before you know it. My advise go with a big broker like Dukascopy or cms forex uk not with a small shady broker like Go Markets at least they have some credibility & have a proper infrastructure inplace to assist you if you need help.

  Joan from Australia.
Sunday, March 21, 2010

Crap fills, and lot of slippage. Most thing when you are a good scalper! Also lot of false advertising on their website. What 500:1 leverage?? Called them up, and they wouldnt give it to me! One word to sum them up - "CRAP".

  dedi hariyanto murad from indonesia.
Thursday, March 18, 2010

hese brokers, very unprofessional ...... me several times in the execution of transactions by themselves .... so my loss a lot......

  fleeters from Lorne, Australia.
Tuesday, March 16, 2010

The speed of execution for me has really improved , not sure why someone from Oz is seeing an issue, I scalp and normally get fills in under a second plus i'm based in the country not a city area

Spreads are good too but havent seen much of the advertised 0.5 pips , they are usually around the 1 pip mark for Eur/Usd but rarely any slippage.

  Andrew from Taiwan.
Friday, March 12, 2010

I am very interesting in it.

But applying an account,it dont accept documents(ID,bills,..)that in chinese directly.

Its very very inconvenience for chinese users.

I think this is why i can not find any chinese user and comment with GoMarkets via google.

  Robert Mullens from Australia.
Thursday, March 11, 2010

Not happy trading with them. Lot of slippage and takes time for filling an entry (as well as exiting your position).

Sadly they havent addressed this issue and keep saying there is nothing on their end. As far as i know, plenty of people complaining about this problem.

Visit GOMarkets website. 

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