136 reviews of GOMarkets are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
having had bad problems with UK brokers I chose to trade down under with an Oz broker.
I feel they have taken care of me better than some Forex trading bucket shops. Spreads have remained very good plus the EA's on offer are quite useful
time difference when speaking to them has improved since their office in Europe has opened but wasnt very good when they only had the Oz office.
Trading Gold and forex with Go Markets. good platform very fast with my ADSL connection . nano lots are perfect for my strategy testing but a shame you can't trade gold as a nano lot.
My account manager Nadia is very knowledgeable and is always willing to help. Top marks
Not happy with their performance - Found GoMarkets good initially - research prior, suggested they were good. (Day trading with trades up to a week). Found that they make money from you making money by creeping when you buy, by extending the placed price by up to 30pips. this obviously gives them more of an income, as they get the commission and the extra time it takes you to gain ground; Eg Short placed according to Tick chart at 0.92430, but trade indication line on MT4 showed the trade executing at 0.92411. This is in effect taking away the customer profits. Also had an occasion which was going to be an advantage to me but the feed from GoMarkets dropped out of my 2 computers & an independent VPS. Think they are playing some tricks, with orders disappearing/dropping out as they know it will cost them money. Be wary
I found go markets when I saw one of them talking on the business channel. Very happy with the discovery as other Aussie brokers don't compare. The service is great, and easy to get going. Haven't had a problem since I started and my strategy has been doing well. Would recommend them to everyone looking for an Aussie broker.
Was introduced to Go markets by my stockbroker, Forex has more excitement for me.
Mt4 service is fast with excellant accounts team. The product would be better with oil to trade.
Will recommend Go markets to my collegues.
Good leverage with faster than usual transfers. Had a couple of problems that have been resolved without a fuss.
Good euro and cable and yen spreads comparable to an ECN , could do better on some of the exotics I like to trade. Could also do with a better I phone app but the app they have is better than no app at all.
I should learn to keep my mouth shut, I have just moved from Australia to Hawaii, I was living in Sydney for 3 years, I was trading very nicely with GO markets for 1 year, they really are a first class broker but now I have moved back to the US , even Hawaii!!!!! I now cannot use GO due to the CFTC regulation. I now have to use a US low leverage high spread broker.
I should have stayed in Oz or never told Go I was moving back to the states.
If you arent in the states then Go are great , if you are then forget it and accept that the nanny state requires you to trade with a local broker.
Top marks to Go for the time i was using them.
DONT trade with this broker. I have been very profitable with this broker till a point where they banned my execution speed. They told me initially that scalping was fine and that is my trading method. I took my account size of 15k to 95K within 3 months. I did that by increasing my lot sizes to almost the maximum they allow ( which is 20 lots). Bottom line is, when you start making some godd money, they will play many games woth your account and give you all sorts of excuses. Chris is a champion in that.
Stay away and only join if your trading is bad--as they are looking for losers, no doubt. Good thing is withdrawals are fast. But so is with many brokers. They will be reported.
I was going to make complaint because of an error but Go markets corrected my account without any need to contact them. Very impressive service with great staff
they do not offer DMA (Direkt market access)which is a huge disadvantage
this is a MUST! or the broker is totally worthless to me
Never had a requote, or slippage to complain about. Spreads are among thr best, but execution is more important and that is great. No complaints, but with a few add-ons like cfds they could be perfect.
Having good trading with GO, No requotes and great spreads so far.
They have really transformed into a good broker. Market reports could be a little more detailed and would prefer to be given more trade ideas but cannot fault the execution and customer service.
Good experience using this broker. happy to recommend.
Fast speeds , excellant for scalping
Terrible service, attitude from most of the brokers when you call in, they think
they are doing you a favour to justify there massives spikes and bad servers, ive moved to another mt4 provider and requested my funds out of the account, 4 days and still nothing, 3rd call to request them back after completing the paperwork.
Good company to deal with , excellant customer service, I asked for a withdrawal and it was in my Westpac account the following morning. It takes a lot to trust a broker in this climate but if they give me my money back i'm very happy.
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