GOMarkets offers the unique opportunity to traders by providing MetaTrader 4, the world's most popular FX trading platform featuring a number of tools. This helps traders improve trading moves. With features such as automatic trading robots, trade on the go - Smartphone and PDA platforms, Price Alerts, and Signals - GOMarkets is one of the most reputable forex brokers in the world of foreign exchange trading.
The broker offers 100 percent straightthrough processing with no dealing desk execution so that the best possible execution speed and prices can be availed by traders. GOMarkets also provides the tightest forex spreads; traders can event avail fractional spreads. The broker is regulated in Australia by ASIC and holds an AFS License (254963). By opting for GOMarkets, traders can benefit from no restrictions on hedging or the use of pending orders including stop loss orders.
Types of AccountsStandard account
GOMarkets allows all clients, irrespective of trading frequency, account deposit, and trade size for trading micro, mini and full lots with the same spreads and same straightthrough Processing & no dealing desk execution without exception. The standard account is completely free to setup and doesn't require any minimum account deposit. Traders can benefit from leverage up to 500:1. All standard accounts will be set up on a leverage of 100:1 but this can be changed by sending an email to customer services.
Forex L-plate Accounts
These accounts are good for beginners who can benefit from limited risk and the ability to trade from as low as 1 cent per pip. Traders can make use of MetaTrader4 platform and trade nano-lots by entering a volume of 0.01. The maximum account deposit is $1000 and one lot equates to 10,000 units or $1 per pip.
Go Markets is an ASIC registered company (AFSL licence number 254963) that is regulated to offer financial services including Securities, Derivatives (including CFDs) and Margin FX.
Straight Through Processor (STP)
Free trial: Yes
Pip Spread on Majors: from 2
Type of spread
Mini account size
Smallest lot size
Swap free accounts
Funds can be deposited in Australian dollar, United States dollar, Great British Pounds, Euros and New Zealand dollar denominations using Bank transfer, Cash deposit, PayPal, BPAY, and secure credit through National Australia Bank.