WikiFX: GO MARKETS review, covering licenses, user reviews, forex spreads, leverage, Is GO MARKETS a scam or legit broker? Read WikiFX review before start. GO Markets has been awarded Best Forex Fintech Broker Global, Most Trusted Broker EU and Best Trading Support Asia! *Global Forex Awards Try free demo. GO Markets is an Australian ECN/STP broker. It is a good fit for many types of traders with low spreads offered, a low minimum deposit, and an unlimited demo. STEVE BIGALOW FOREX MARKET

The company provides two types of accounts for investors with different trading experience and investment preferences: Standard Accounts and Low-Spread Accounts. MT4 is the most popular online trading terminal globally, and it is an important trading tool for investors in all online financial markets.

Using GO Markets' high-quality transaction execution and the most competitive spread quotation, investors can directly trade more than 90 foreign exchange and CFD products on the MT4 trading platform with the international market. Compared with MetaTrader 4, MetaTrader 5, which is further optimized and upgraded, is a diversified financial market trading platform that provides excellent trading possibilities and technical analysis tools and allows the use of automated trading systems for automatic trading and copy trading.

Millions of users worldwide have chosen to use the MetaTrader 5 trading platform. There is no handling fee for deposits, and withdrawals of less than USD will incur a bank handling fee of USD 5 per trade. According to the anti-money laundering policy, withdrawals from accounts without any transactions require an additional 2. But leverage is a double-edged sword. It can amplify your winning and losing trades.

Professional traders can access higher leverage but will lose some retail protections. Retail clients with ASIC are also restricted to maximum leverage of However, users opening an account with the entity regulated by the FSC of Mauritius can access leverage of up to Here is the step by step process we used to open a Standard Account: Step 1: Start the application form by filling in some basic information such as name, password, etc. Step 2: Fill in your contact information including your address and email.

Step 3: Provide details regarding your trading knowledge and trading experience. Step 4: Fill in the information regarding your financial situation including employment, income, savings, etc. Step 5: Detail your investment objectives and the purpose for trading. Step 6: Sign a declaration form after reviewing the Terms and Conditions.

Step 7: Verify your identity. Verifying your identity is a standard procedure for regulated brokers. You can upload your documents, access your trading accounts, platform downloads and additional features all through the GO Markets client portal area.

This customised area is great for managing all of your trading activity. Investing in CFDs carries significant risks and is not suitable for all investors. You do not own or have any interest in the rights in the underlying assets. You should consider whether you are part of our target market by reviewing our TMD.

We recommend that you seek independent advice and ensure you fully understand the risks involved before you invest in CFDs. Research 3. Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition.

Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service. Read More See More GO Markets scored low in this category as while they have news, weekly summaries and articles on their website it has not been updated in the last 8 months.

However, they do provide access to third-party research from Trading Central. On all of the GO Markets entities websites, they have tabs for daily news, weekly summaries and articles. However, none of them have been updated regularly. The broker does provide access to third-party research from Trading Central. This includes access to a daily market forecast in multiple languages. This can be accessed from the client portal area. GO Markets Trading Central Research The broker does provide access to a Signals page which provides trading signals across different markets including currencies, indices, commodities and shares across different timeframes.

However, this is not aimed at beginners as it uses advanced technical indicators and there are no entry or exit levels provided. GO Markets Research Signals If you do subscribe to the Trading Central service then you will receive a Daily Market Report which provides a market wrap for forex, indices and commodities, as well as some potential trading ideas.

Having an in-house research department does provide a more unique perspective. Nonetheless, it is still useful information to have for beginner traders. Education 3. Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.

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