Go Markets - Forex Broker Review

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Go Markets is an Australian broker found in the exciting city of Melbourne. They are amongst the very first Australian brokers to provide metatrader4 to their clients. Go Markets is based on an award-winning technology and has been winner of the “e-FX” best retail platform for three consecutive years. They have an Australian Financial Services License (AFSL) that is issued by the Australian Securities & Investments Commission (ASIC).

They provide market information that range from live tradable prices, charts, streaming news, and market data analysis tools. They have all the great features of a MT4 platform and much more. You can transfer funds by using your credit card or sending money through bank wire and you have a choice of personal, joint, company or trust account to trade with.

This broker offers exposure to more than 160 different currency pairs. They offer both spot and forward transactions with very low margin requirements that are as low as 1%. They provide with a very tight spread of 2 pips with no additional commission and no re-quotes of price, which is definitely a plus on my list. Their leverage is standard that is 1:100 and offer their clients the choice of opening a micro, mini or standard account.

Frankly speaking I have a little exposure with this particular broker. However, I have heard a lot of good things about them. A trader that I know is currently using their platform for both forex and futures trading and has given me a positive feedback. Great customer service, good platform with instant execution and good spreads are the major pros. The only drawbacks are that the demo platform is not as good as the live one and that it is not suited for news traders

I personally will be looking to opening an account with this broker in the near future.

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