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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.

  Danaher from Australia.
Thursday, March 11, 2010

Great to have an aussie broker that is not a rebadged overseas broker. All Cash goes in and come back out without fees quickly. Solid spreads and pretty good daytime customer service.

  Albert from UK from UK.
Thursday, March 11, 2010

Hi Riki,

They do accept payments through PayPal, but only using Aussie Dollars

  stawned from Australia.
Tuesday, March 9, 2010

im having a very different service. good spreads especially during liquid trading times. I scalp regularly and speed is good.

maybe someone is blaming their terrible trading on the broker.

a bad workmen always blames his tools.

I moaned about this broker last year as they had some BS service but they have really improved

  jack from sydney.
Tuesday, March 9, 2010

fills are crap. They recently sent email that execution speeds on fills will be better---BUT nothing has changed and they remained pathetic. I am a prt of a trading group in which more then 20 traders are trading on gomarkets and all are having the same problem. Moreover they dont offer 500:1 leverage ( not that you need it). I have an account size of $14000 and they told me that they offer 500:1 leverege only on mini accounts--so obviously false advertising on their website. Their spreads are not that good either. Mostly ranging from 1.3-1.6 pips spread on eu + slippage will average you btw 2.5-3.5 pips spread on eu which is BS.

Wish they can be more honest and be fair. Im ashamed of their customer service especially chris character who has got every excuse to back their dishonesty. stay away !

  Riki Risnandar from Indonesia.
Sunday, March 7, 2010

i visit their website and they don't accept paypal. this page must be revised.

  mynameisearl from Canada.
Thursday, March 4, 2010

Much improved trade speed, spreads are fine, happy to use but some dumbasss night desk staff to deal with if system goes down (which is rare)

overall very happy

  Nathanial from Australia.
Saturday, February 20, 2010

Overall very happy so far. I like having a local broker and I can easily Bpay money so thats cool. spreads good, connection using my vps is good. My EA is trading well (apart from losses on Friday - damn FED) Generally happy with everything.

  Berndt from Germany.
Wednesday, January 6, 2010

Good service, Good broker so far and better than my last broker.

No requotes and happy with my scalping.

Would like to trade oil but not available

  trent from Mornington.
Saturday, December 19, 2009

Service not bad, trading going well.

Would like more deposit options.

Not the best but certainly not the worse broker.

  G Brady from Australia.
Saturday, December 12, 2009

Continually good service. Spreads have been and remain consistently low and trading has been reliable.

Happy to use and recommend, will of course update if service changes.

  praveen from melbourne.
Friday, October 23, 2009

Good service, metatrader very easy to use.

spreads are very competitive unlike some other brokers

  eagles from UK.
Friday, October 16, 2009

traded forex for 2 months. deposits and withdrawing of funds is good.

trading is good. they dont requote which is bonus plus the major pairs have very low spreads.

satisfied so far

  laurie from Germany.
Tuesday, September 29, 2009

Go Markets have overcome alot of teething problems with Metatrader 4, very good broker to deal with now . Spreads remain very tight.

  james from sydney.
Monday, September 28, 2009

the number of lots you can trade is capped. They have been promising to increase it but that has not happened. I dont know of any broker who has such a small cap ! otherwise an ok broker

  james from england.
Friday, September 18, 2009

go used to be pretty ordinary with some ok spreads and a few requotes but the new upgrade is awesome, great spreads excellant speed. EA's are working well.

Well done and hope it stays this way. only drawback is no GBP bank accounts so if they can change that i will be content.

Visit GOMarkets website. 

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