Forex Trading Brokers
Go Markets
With the abundance of Forex trading brokers available, it can be hard to find a good one to work with. If this sounds like what you're going through, you might want to check out Go Markets. Find out what they have to offer in this review.
Overall Rating: 9/10
Safety of Funds: 10/10
Customer Service: 10/10
Convenience: 9/10
Tools: 9/10
Execution: 9/10
Minimum Account Size: None
Forex Broker Review
Go Markets is a broker located in Australia and is regulated by the ASIC. They have been around since 1998, which is forever in Forex broker terms. Go Markets is a quality broker that has generally positive reviews on Forex Peace Army and many other sites.
Execution and Spreads
One of the nice things about Go Markets is that they are a STP broker, which means your orders are simply processed through to their 70+ liquidity providers. Generally speaking, they have very good execution and you can get your trades processed very quickly.
The Forex spreads they offer are variable, which means they fluctuate based on market conditions. Most of the time, they have pretty good spreads, especially on the major pairs. You can find spreads as low as 1 pip when market conditions are good.
Accounts and Tools
Go Markets makes it possible for anyone to get started trading Forex. They allow you to get started with any account balance as they do not have a minimum initial deposit requirement. They also provide the popular Forex platform Metatrader 4. This makes it possible to run expert advisors and use the common indicators that it provides.
Another nice feature is that they allow you to choose leverage of up to 500:1. This can help you potentially risk less of your own money. This is one of the highest leverages that Forex trading brokers can offer.
The Verdict
When you want to get involved with a Forex broker, you could do much worse than Go Markets. They have won several awards for customer service and generally being a good broker. We like the fact that you do not have to deposit a certain amount of money and they have good spreads. If you are outside of the United States, you can take advantage of this broker and start making money in the Forex market. If you're in the US...well better luck next time. You'll have to try a different broker.
Opening an Account
If you want to open an account with Go Markets, you can do so through the Cashback Forex program. By doing so, you'll get all the same benefits as if you went straight to the Go Markets website and signed up. The only difference is that you'll also get money back every time you place a trade. You get .35 pips per lot traded back after every trade. Just click on the link if you want to get started and open a
Go Markets account
. If you want to find out more info about the program and how it works, just click on the banner below.
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