Quick Facts
Founded
2006
Headquarters
Melbourne, Australia
Regulation
ASIC · CySEC · FSC
Min. Deposit
$200
Avg. Spread EUR/USD
0.0 pips (GO Plus+)
Commission
$7 RT
Platforms
MT4, MT5, cTrader
Max Leverage
Up to 1:500
How GO Markets Scored
Spreads
Live Spread Data — ECN/Raw Account
Measured over 30 trading days from a live account opened by our team. Data reflects averages across London, New York, and Asian sessions.
| Pair | Spread (avg) | Commission RT | Total Cost |
|---|---|---|---|
| EUR/USD | 0.1 pips | $7 RT | ~0.8 pips |
| GBP/USD | 0.2 pips | $7 RT | ~0.9 pips |
| USD/JPY | 0.2 pips | $7 RT | ~0.87 pips |
| XAU/USD | 0.1 pips | $7 RT | ~0.8 pips |
✓ Pros
- ✓ASIC regulated from Melbourne, AU
- ✓Raw spreads from 0.0 pips on GO Plus+
- ✓cTrader available — rare among Australian brokers
- ✓Negative balance protection
- ✓Strong local support for Australian traders
✗ Cons
- ✗Limited brand recognition vs Pepperstone/IC Markets
- ✗Education content is thin
- ✗Research tools are basic
- ✗GO Standard account not competitive — 1.0+ pip spreads
Our Verdict
Final Assessment
GO Markets is a genuinely underrated option for Australian traders who want ASIC regulation and ECN-grade execution without paying Pepperstone-level brand premium. The GO Plus+ account at 0.0 pips with $7 round-turn commission compares favourably. The main issue is brand recognition — there is no compelling reason to choose GO Markets over Pepperstone unless you receive better conditions through a local introducing broker.
⚠ Risk Warning: CFDs are complex instruments. 68–89% of retail investor accounts lose money when trading CFDs. FXTopBrokers may earn a commission if you open an account via our links. This does not affect our score.