Is GO Markets a Scam? Regulation Check 2026

We checked GO Markets's licence in the official ASIC register. Here is what the public records say.

Verdict

GO Markets is NOT a scam. It holds ASIC licence 254963, authorising it to offer trading services in Australia.

How to verify on the official register

RegulatorASIC ASIC
Australian Securities and Investments Commission (ASIC)
Licence Number254963
Regulated EntityGO Markets Pty Ltd
Founded2006

What ASIC regulation means

ASIC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with ASIC directly.

What ASIC regulation means for your money

  • Client funds held in segregated bank accounts, separate from GO Markets's own capital
  • Negative balance protection — you cannot lose more than your deposit
  • Right to file complaints directly with ASIC if GO Markets fails to resolve your issue
  • GO Markets submits to regular independent financial audits under ASIC oversight

Frequently Asked Questions

Is GO Markets a scam or legitimate?

GO Markets is NOT a scam. It holds ASIC licence number 254963. ASIC is one of the world's most respected financial regulators. The licence is publicly verifiable in the ASIC official register.

How do I check GO Markets's ASIC licence?

Go to the official ASIC website and use the public register search. Search for licence number 254963 or the entity name. The record will confirm GO Markets's authorisation status and the scope of its permissions.

Are my funds safe with GO Markets?

As an ASIC-regulated broker, GO Markets must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if GO Markets encounters financial difficulties.

What protection do I have as a GO Markets client in Australia?

In Australia, GO Markets operates under ASIC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with ASIC.

76% of retail investor accounts lose money when trading CFDs with GO Markets.

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