GO Markets Review 2026
Regulated broker with real licence numbers.
GO Markets is a regulated CFD broker founded in 2006. It holds a ASIC licence under number 254963.
The basics
GO Markets was founded in 2006 and is headquartered in Melbourne, Australia. It is privately owned. The broker offers CFDs on 350 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2006 |
| Headquarters | Melbourne, Australia |
| Instruments | 350+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is GO Markets safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. Australia does not have a government-backed compensation scheme like the FSCS, but ASIC enforces high conduct standards.
| Regulator | Licence | Entity |
|---|---|---|
| ASIC | 254963 ✓ | GO Markets Pty Ltd |
| CySEC | 322/17 ✓ | GO Markets Societe Anonyme |
| FSA | SD043 ✓ | GO Markets International Ltd |
You can verify the ASIC licence at asic.gov.au. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
GO Markets spreads
These are the typical spreads on GO Markets's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | From 0.0 (ECN) + commission pips |
| GBP/USD | 0.3 pips pips |
| USD/JPY | 0.1 pips pips |
| Gold (XAU/USD) | 15c/oz |
| S&P 500 | 0.4pt |
GO Markets's EUR/USD spread of From 0.0 (ECN) + commission pips is wider than ECN-first brokers but typical for a commission-free account.
GO Markets withdrawal fee and processing time
Fee: None. GO Markets does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
GO Markets minimum deposit by entity
The minimum deposit depends on which GO Markets entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| GO Markets Pty Ltd | ASIC 254963 | $200 | 1:30 |
| GO Markets Societe Anonyme | CySEC 322/17 | $200 | 1:30 |
| GO Markets International Ltd | FSA SD043 | $200 | 1:500 |
GO Markets vs IC Markets
| GO Markets | IC Markets | |
|---|---|---|
| Primary regulator | ASIC 254963 | ASIC 335692 |
| Min deposit | $200 | $200 |
| EUR/USD spread | From 0.0 (ECN) + commission pips | 0.8 (std) / 0.02 (raw) pips |
| MetaTrader | Yes | Yes |
| Instruments | 350+ | 2,250+ |
| Copy trading | No | No |
| Withdrawal fee | None | None |
Both brokers are regulated and legitimate. GO Markets suits traders who value MetaTrader and algorithmic trading. IC Markets is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| ASIC | 254963 — GO Markets Pty Ltd |
| CySEC | 322/17 — GO Markets Societe Anonyme |
| FSA | SD043 — GO Markets International Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules. The offshore entity offers up to 1:500, but with lighter regulatory protection.
Pros and Cons
What works
- ASIC regulated — GO Markets Pty Ltd
- MetaTrader 4 and 5 available
- No inactivity fee
- Tight EUR/USD spread from 0 pips
- Regulated in 3 jurisdictions
What does not work
- No copy trading
- No real stock ownership — CFDs only
- Higher minimum deposit of $200
- High leverage only via offshore entity
The verdict
GO Markets is a legitimate, regulated broker. The ASIC licence number 254963 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to GO Markets
If GO Markets does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is GO Markets safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. GO Markets holds ASIC licence 254963, which is publicly verifiable on the official register.
What is the GO Markets minimum deposit?
The minimum deposit is $200. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the GO Markets EUR/USD spread?
The EUR/USD spread on GO Markets standard accounts is typically From 0.0 (ECN) + commission pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does GO Markets take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does GO Markets charge withdrawal fees?
None. GO Markets does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does GO Markets have MetaTrader?
Yes. GO Markets supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.