Go Markets reviews




Average: 3 based on 61 reviews
2.964285

Go Markets

Follow discussion about Go Markets


Website: http://www.gomarketsaus.com

Go Markets broker reviews

Go Markets claims to provide the following advantages:

  • Metatrader4 platform with full use of Expert Advisors
  • Spreads as low as 0.5 pips
  • Up to 300:1 Leverage
  • No Dealing Desk Execution
  • Simple Account Funding
  • Personal Account Managers

Go Markets is regulated and audited by:
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.

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REVIEWS & RATINGS

Rating interpetation



Streetcar, USA

August 26, 2010



3 years Total
4 months with this Broker
4


Had my doubts at first with these dudes but since they increased server capacity to keep up with new clients my trading has been smooth as hell, i'm a scalper and 99% of my trades are filled in less than 1second. spreads are good but sometimes at news they can get a little wild but thats to be expected for ECN feeds.
Depositing of funds is good but would like it if they had a US bank but i'm sure with all new US regs that could be troublesome hence the aussie accounts.
Opening of my account was troublefreem, pain in the ass having to scan and email ID but again if thems the rules then I accept and i'm glad I did.


Andyi

August 14, 2010



12 Months Total
10 Months with this Broker
1


I have been using Go Markets for about 10 Months.
I have experienced spreads widening just as price action moved close to my stop loss and been stopped out many times. I have also had major delays, so called slippage, on order execution when trade was going my way and therefore got disadvantaged on my entry price.
I have also had the terminal freeze on me many times when I was about to enter a trade and the market was very volitile, consequently unable to enter on many trades that would have moved quickly in my favour. I think this broker is charging good spreads to get people in and using some tactics to increase their profits. I strongly recommentd that you look somewhere else.


Julianne

August 10, 2010



4 years Total
7 Months Live with this Broker
2


My charts freeze a lot of times, and it takes so long when i try to enter at market price. Customer service was unable to hep tp fix this problem as they keep diverging the topic away from them, telling me its my fault. Been hoping for the last 3 months they this will improve, but its getting much worse now. Not recommended as a broker if you are a serious trader.


Nick Ross, Oz

August 2, 2010



3 years Total
2 years live with this Broker
4


This broker had its fair share of issues in the but recently it has really got it together, I had a bad year trading in 2009 but 2010 has been a belter.
I could have progressed quicker if they provided more education but I got there in the end.


David

July 11, 2010



4 years Total
1 month DEMO, 2 week live with this Broker
1


Typical broker that gives you a demo with good prices then gives you a live account with delayed trading, scam alert.


John, LA

June 27, 2010



4 years Total
1 year with this Broker
4


Glad to trade with these guys, good bunch of spreads and happy for my money to be sitting in an Aussie bank.


steve

June 1, 2010



Europe Total
5 months with this Broker
3


Just started using Go Markets a few months ago.
Good experience so far but early days hence a neutral recommendation.
I'm relieved to see that the demo platform and the live have the same spreads and prices so very good for testing purposes.
Will update in a few months time.


mike

May 16, 2010



3yrs Total
3 months with this Broker
1


constant slippage. Delayed execution everytime. Manytimes as long as 5 seconds. Platform disconnects many times. Customer service is poor. Another bucket shop looking to loot the strugling traders.


sugiatno, Indonesia

April 27, 2010



1 year Total
never trading with this Broker


I never trading with this broker because they don't accept client from Indonesia.


Simon Broxham, England

April 25, 2010



4 years Total
6months with this Broker
4


At first I had doubts as the execution speed could be erratic but Go have stayed true to their word and fixed the issue. Not often that a broker actually does what you ask.
Spreads remain good ,not quite as good as interactive brokers but a good trade off as Go have MT4 and no commission.


Ken Jamison

April 20, 2010



4 Years Total
2 Years with this Broker
1


If you make money with this borker, they will change and manipulate spreads.
Their customer service is hopeless with none to answer phone calls in the evening/night. One of their employed idiots - Michael - is very rude and unprofessional. Numerous requotes and invalid prices and constant emails apologising their servers have problem or their liquidity providers have a problem. Classic example of bucket shop.


lars, germany

April 18, 2010



18months Total
12months with this Broker
4


Not as fast as they were , I will play devils advocate and say its prob due to quick expansion. Still much faster and better spreads than FXCM on mt4 so happy to stick with them and im based in Germany so along way from Australia
They have sent correspondance to say they are upgrading servers so hopefully that will help.


Bob

April 15, 2010



6 years Total
2 years with this Broker
2


Have been with this broker for a while ... and they are getting worse day by day ... i agree with people saying that their execution speeds are hopeless... I'm getting out now - not for serious traders!


frumcik kris

April 15, 2010



2 yrs Total
7months with this Broker
1


market orders are taking 5-6 seconds on many occasions and very very frequently. what a joke ! many traders on ff complaining too with same issue. Stay away and look for better broker. Ive moved my $30k else where.


Chris

April 7, 2010



4.5 years Total
1 year LIVE with this Broker
1


Too much slippage. They boast about their spreads, but after you get filled into market entry you've already lost 3-4 pips on top of the spreads. I regret to say, but even crap brokers like CMC Markets or FXDD are better than using GO Markets, because atleast u get fixed spreads and no slippage. Furthermore, lot of random spikes (Stop hunting) out of no where. Not recommended for anyone trading less that 4HR time frame for sure! I have just closed my account with them! Good bye.