GO Markets reviews



REVIEWS & RATINGS

Rating interpetation



Ben, Adelaide Australia

February 13, 2011



4 years Total
3 months with this Broker
4


GO markets never charge me for deposits and withdrawals, Money normally in bank within 24 hours. Profits always honoured.
Much prefer to deal with an ASIC registered broker like GO than an overseas mob.


Alexander V, Holland

February 13, 2011



3 years Total
8 Months with this Broker
4


I have had some ups and downs with trading , Go markets at first troubled me but they have come through as a really great broker.
My trading is also succesfull but since they had the system upgrade my trading is more profitable with no problem due to fast response time.
I trade on behalf of 10 individual customers , my customers have good response times from GO staff with questions plus the deposit/withdrawal is very efficient.
Some of the GO staff are better than others but overall they are competent and courteous to my needs


scalper

February 12, 2011



3 yrs Total
3 months with this Broker
1


DONT trade with this broker. I have been very profitable with this broker till a point where they banned my execution speed. They told me initially that scalping was fine and that is my trading method. I took my account size of 15k to 95K within 3 months. I did that by increasing my lot sizes to almost the maximum they allow ( which is 20 lots). Bottom line is, when you start making some godd money, they will play many games woth your account and give you all sorts of excuses. Chris is a champion in that.
Stay away and only join if your trading is bad--as they are looking for losers, no doubt. Good thing is withdrawals are fast. But so is with many brokers. They will be reported.


Australia, Two Tone

January 6, 2011



3 years Total
18 months with this Broker
5


Bee - your review is on boxing day, of course spreads are wide!!!

This lot are the best broker I have used out of about 10 I have tried. They respond to me within a couple of hours, spreads and execution are excellent and I'm making money. What more could I ask for?


Bee

December 26, 2010



9 years Total
6 months with this Broker
3


I have been trading with this broker for over 6 months. They have been fairly average with their service. the pluses with Go markets is that it only takes about one day to fund an account and to start trading. the big minuses are the absorbitant spreads one must pay especially on the swissy which right at this moment is 7.8 pips. another minus with these guys is the amount of time it takes for them to respond to questions put to their website live help people. overall their spreads have been pretty good but I have seen roughly ten pip spreads on the majors so you must watch this closely before you commit to a trade


Henry, UAE

December 20, 2010



4 months Total
4 months with this Broker
5


Go help me get started and great training so I can learn Forex.
Helpful staff and good trading platform.
No complaints at all.


Tbomb, Singapore

December 1, 2010



4 years Total
12 months live with this Broker
4


I joined Go Markets due to lots of positive feedback from my clients.
I trade on behalf of a trading group and Go markets have performed the best for my EAs.
I dont agree with Aussie's many posts , execution and spreads are very good , account managers are helpful.
Trading in the Forex markets is hardwork and no broker is perfect but I find Go to be honest and over the past year have always tried to help me and my clients.
I have traded with many bucket shops over the past 4 years but lucky to find GO and trust the integrity.


AUSSIE

November 30, 2010



5 Years Total
6 months with this Broker
2


I noticed funding your account is easy to do with this broker especially from Australia which is good.. But what I dont like is when you trading on their Mt4 Platform, that when the markets moving fast and you want to get in the spreads increase.. I also Use OneClicker (Free) to open and close trades, what I noticed with the GoMarkets Mt4 is that the OneClicker was not working on market orders and closes at important times when I want to get out of a trade. So I asked the Live Chat for the Server numbers to put into another mt4 platform and they told me they couldnt give it to me as its in there policy not to give out the information, which Is quiet limiting if your running a few different Mt4 Brokers. So I basically copied the .svr file from there directory over to the Mt4 Program I was using Problem solved.. I noticed when I started using the OneClicker program again the trades where instant.. So my thoughts are that Go Markets Mt4 platform has been Modified to there needs.. they also are licenced by ASIC as a Market Maker, Which I'm not a Fan of brokers that are market makers.. IMO their quick to take your cash. Another BucketShop Broker, and I wont funding my account again thru them..


australia

November 23, 2010



4yrs Total
1tyr with this Broker
1


go trader gotrader delay in execution, spikes hunt your stops, insane spreads 20+ before news instant loss, manipulation of data by dealing desk notice differnt data to real life feeds. overall trade manual otherwise they kill your robots. theytake money on each profit or loss and add a bit extra look at exuction and look at live feeds already they have added on theirs spread to fund themselves profit.


Peter, Illinois

October 25, 2010



4 Years Total
8 months with this Broker
4


Australia seem to be renowned for good surf, good beer and now good FX brokers.
GO Markets treated me with utter respect as a client and very happy with the spreads.
My trading style means that I need to use two brokers and one needs to be MT4 , for MT4 GO have performed well and for my other style interactive brokers trading platform is suitable.
The US authorities have now made it very difficult for US residents to trade with any brokers outside of the US so may have to wave goodbye to GO but will be very dissapointed as they are a rare breed.


Australia, Bruce

October 23, 2010



3 years Total
1 Month LIVE with this Broker
1


I started out with GO-Markets before moving my account to VantageFX. The GO-Market servers were constantly going down which meant I was stuck in trades. Be careful trading with this broker.


Australia

October 7, 2010



3 years Total
4 months LIVE with this Broker
2


Opened my live account 3 months ago after demo trading a month. Found the service to be poor and was especially was disappointed as I was looking for a good local Aussie broker and this one was my first pick. Spreads widen during news, constant drop-out, slippage and short (but annoying) delays right when I don't need them. Would recommend going elsewhere. Not the worst, but far from the best.


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.