Australian ECN Broker Since 2006

GO Markets Review 2026

True ECN Execution with cTrader Access

4.1
★★★★☆
Our Rating
$200 Min Deposit
0.0 pips Spreads From
1,000+ Instruments
2006 Founded
🇦🇺 ASIC Regulated 🇨🇾 CySEC Licensed 🔒 Segregated Funds ⚡ ECN Execution

GO Markets Overview

GO Markets is an Australian-based ECN broker that has been operating since 2006, making them one of the oldest retail forex brokers in Australia. Headquartered in Melbourne, they've built a strong reputation for providing true ECN execution with raw spreads from 0.0 pips and access to the professional-grade cTrader platform alongside MetaTrader 4 and 5.

With ASIC regulation as their cornerstone, GO Markets focuses on delivering institutional-grade trading conditions to retail traders. Their GO Plus+ account offers raw spreads with a competitive $3 per lot commission, making them particularly attractive to scalpers, day traders, and algorithmic traders who value execution quality and transparent pricing.

GO Markets Pros & Cons

✓ Advantages

  • True ECN execution with raw spreads from 0.0 pips
  • ASIC regulated since 2006 - Australian heritage and trust
  • cTrader platform with Level II pricing and depth of market
  • Low $3 per lot commission on GO Plus+ accounts
  • Excellent for Australian traders (AUD accounts, BPAY deposits)
  • VPS hosting available for algorithmic trading strategies
  • No dealing desk intervention - direct market access
  • Over 1,000 trading instruments available

✗ Disadvantages

  • Higher minimum deposit ($200) compared to some competitors
  • $15/month inactivity fee after 12 months of no activity
  • Limited cryptocurrency selection (only 15 pairs)
  • Customer support not available 24/7
  • No social/copy trading features built-in
  • Smaller instrument range than mega-brokers

Why Choose GO Markets?

True ECN Execution

Raw spreads from 0.0 pips with direct market access. No dealing desk intervention means your orders go straight to liquidity providers.

🇦🇺

Australian Heritage

ASIC regulated since 2006. One of Australia's oldest retail forex brokers with a spotless regulatory track record.

📊

cTrader Platform

One of the few Australian brokers offering cTrader with Level II pricing, depth of market, and cAlgo for automated trading.

💰

Low Commission

Only $3 per lot round turn on GO Plus+ accounts. Highly competitive for ECN execution quality.

🖥️

VPS Hosting

Free VPS for algorithmic traders running Expert Advisors 24/7. Essential for automated strategy execution.

🏦

Local Banking

BPAY and POLi deposits for Australians. AUD accounts available to avoid currency conversion fees.

GO Markets Fees & Costs

GO Markets operates a transparent fee structure with two account types. The Standard account has wider spreads but no commission, while the GO Plus+ account offers raw spreads from 0.0 pips with a $3 per lot commission. Non-trading fees include a $15/month inactivity charge after 12 months.

Cost Analysis:

Account Type Comparison

Feature Standard Account GO Plus+ Account
Spreads From 1.0 pips From 0.0 pips
Commission None $3 per lot
Execution STP ECN
Min Deposit $200 $200
Best For Casual traders Active traders

GO Markets Safety & Regulation

GO Markets is one of Australia's oldest retail forex brokers, operating under ASIC regulation since 2006. Their regulatory framework includes Tier-1 ASIC oversight for Australian clients and CySEC for European clients, providing comprehensive protection across major markets.

🇦🇺

ASIC (Australia)

License: 254963

Tier 1 Regulator

Australian Securities and Investments Commission. Client funds held in segregated accounts with NAB and Commonwealth Bank.

🇨🇾

CySEC (Cyprus)

License: 322/17

Tier 2 Regulator

Cyprus Securities and Exchange Commission. EU clients benefit from MiFID II protections and €20,000 ICF coverage.

🇸🇨

FSA (Seychelles)

License: SD043

Offshore

Seychelles Financial Services Authority. Provides higher leverage options for international clients outside regulated jurisdictions.

Client Protection Measures

🏦

Segregated Funds

Client funds held separately from company funds in top-tier Australian banks (NAB, CBA)

🛡️

Negative Balance Protection

Cannot lose more than deposited under ASIC retail client rules

🔒

SSL Encryption

256-bit SSL encryption protecting all data transmission

⚖️

AFCA Membership

Australian Financial Complaints Authority for dispute resolution

GO Markets Trading Platforms

GO Markets offers four trading platforms: MetaTrader 4, MetaTrader 5, cTrader, and their web-based GO WebTrader. The cTrader availability is particularly notable as it's rare among Australian brokers and offers professional-grade features including Level II pricing.

MetaTrader 4

★★★★½

The industry standard. Full support for Expert Advisors, custom indicators, and one-click trading. Available on desktop, web, and mobile.

  • Expert Advisors (EAs)
  • 30+ built-in indicators
  • 9 timeframes
  • One-click trading
  • Mobile apps (iOS/Android)

MetaTrader 5

★★★★½

Next-generation MetaTrader with improved charting, more timeframes, and built-in economic calendar. Multi-asset capable.

  • 21 timeframes
  • 80+ built-in indicators
  • Economic calendar
  • Depth of Market
  • Improved backtesting

GO WebTrader

★★★★

Browser-based platform requiring no download. TradingView charts integration, real-time data, and multi-device synchronization.

  • No download required
  • TradingView charts
  • Cross-device sync
  • Real-time quotes
  • Order management

GO Markets Account Types

*Leverage up to 500:1 available through international entity. Australian retail clients limited to 30:1 under ASIC rules.

Deposits & Withdrawals

Withdrawal & Payment Information

Complete overview of payment processing, fees, and conditions

Key Details

💵
Minimum Deposit
$200
Deposit Processing
Instant (cards/e-wallets)
🔐
All Fees
Free
🛡️
Withdrawal Time
24h - 3 days

Quick Analysis

Advantages
All deposits and withdrawals completely free
Instant deposits via cards and e-wallets
E-wallet withdrawals process within 24 hours
Multiple Australian payment options (BPAY, POLi)
Considerations
$200 minimum deposit required
Bank transfers take 1-3 business days
BPAY and POLi are deposit-only methods

Customer Support

📞

Phone Support

Australian local number available

Mon-Fri: 7am-7pm AEST

💬

Live Chat

Real-time assistance through website

Mon-Fri: 7am-7pm AEST

✉️

Email Support

Detailed query resolution

Response within 24 hours

📚

Help Center

Self-service knowledge base

Available 24/7

Note: GO Markets' support hours are not 24/7, which may be a limitation for traders active during off-hours. However, their Melbourne-based team provides quality local support during business hours.

Frequently Asked Questions

Frequently Asked Questions

Is GO Markets safe and regulated?

Yes, GO Markets is highly safe. They are regulated by ASIC (Australian Securities and Investments Commission) with license number 254963 since 2006, making them one of Australia's oldest retail forex brokers. They also hold CySEC regulation for European clients. Client funds are held in segregated accounts with top-tier Australian banks, providing strong protection.

What is the minimum deposit for GO Markets?

GO Markets requires a minimum deposit of $200 (or equivalent in other currencies) for both Standard and GO Plus+ accounts. While this is slightly higher than some competitors, it reflects their focus on serious traders who value ECN execution quality.

Does GO Markets offer true ECN execution?

Yes, GO Markets offers true ECN (Electronic Communication Network) execution through their GO Plus+ account. This provides raw spreads from 0.0 pips with direct market access and no dealing desk intervention. The commission is a competitive $3 per lot round turn.

What trading platforms does GO Markets support?

GO Markets offers four trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and their proprietary GO WebTrader. The cTrader platform is particularly notable for its Level II pricing, depth of market, and advanced charting capabilities.

Does GO Markets charge inactivity fees?

Yes, GO Markets charges a $15 monthly inactivity fee if there has been no trading activity for 12 consecutive months. This can easily be avoided by placing at least one trade per year to keep your account active.

Can I use Expert Advisors (EAs) with GO Markets?

Yes, GO Markets fully supports Expert Advisors and automated trading on both MT4 and MT5 platforms. They also offer VPS (Virtual Private Server) hosting services for traders who need to run their automated strategies 24/7 with minimal latency.

What leverage does GO Markets offer?

GO Markets offers leverage up to 1:500 for professional clients through their international entity. Australian retail clients are limited to a maximum of 1:30 for major forex pairs under ASIC regulations, which is designed to protect retail traders.

Is GO Markets good for Australian traders?

GO Markets is excellent for Australian traders. They are ASIC regulated with headquarters in Melbourne, offer AUD-denominated accounts, support BPAY and POLi for local deposits, and provide local customer support. Their Australian heritage since 2006 makes them a trusted choice for local traders.

Does GO Markets offer cTrader platform?

Yes, GO Markets is one of the few Australian brokers offering the cTrader platform. cTrader provides Level II pricing, advanced charting with 70+ indicators, cAlgo for automated trading, and superior execution quality. It's popular among professional traders who want transparency.

How fast are withdrawals from GO Markets?

Withdrawal speeds at GO Markets vary by method: e-wallets (Skrill, Neteller) process within 24 hours, credit/debit cards take 1-3 business days, and bank transfers take 1-3 business days. All withdrawal methods are free of charge, which is a significant advantage.

GO Markets Final Verdict

4.1
★★★★☆
Overall Rating
Fees & Spreads 4.3
Platforms 4.2
Safety 4.2
Customer Service 4.3
Research 3.8
Education 3.5

Best For

  • Australian traders seeking ASIC-regulated ECN broker
  • cTrader platform enthusiasts wanting Level II pricing
  • Scalpers and active traders prioritizing execution quality
  • Algorithmic traders needing VPS hosting and EA support
  • Traders who value transparency over marketing gloss

Not Ideal For

  • Complete beginners seeking extensive hand-holding
  • Social/copy trading enthusiasts
  • Crypto-focused traders wanting extensive selection
  • Those requiring 24/7 customer support
Open GO Markets Account

Minimum deposit $200 • ASIC regulated • True ECN execution

Complete GO Markets Company Overview

Essential company information, trading conditions, and account details

💰

Deposits & Accounts

  • Minimum Deposit: $200
  • Base Currencies: AUD, USD, EUR, GBP
  • Islamic Account: Available
📊

Trading Conditions

  • Max Leverage: 1:500
  • Instruments: 350+
  • Execution: ECN/STP
🏛️

Company Info

  • Founded: 2006
  • Headquarters: Melbourne, Australia
  • Regulations: ASIC, CySEC, FSA
Brokers Regulated By:
FCA
ASIC
CySEC
FSCA
🔒 256-bit SSL
🛡️ Verified Reviews
Independent
JD

James D. from London

matched with AvaTrade

2 minutes ago