GO Markets review 2020

The company was registered in 2006 in Australia, but it operates far beyond this continent and the number of clients exceeds 80,000. Among the assets offered to clients are the currency pairs market, digital currencies, commodities, contracts for difference, etc.

The spreads offered by the company are quite low for some positions from 0 pips. Company’s servers are located in Equinix LD4 centers.  This ensures minimal delay in order execution.

As for training, the company understands that a trader with a high level of knowledge will bring more profit to both themselves and the company, so it offers a number of free courses for beginners and for players with experience. Including webinars. The company provides access to services that will help you improve your skills: MetaTrader Genesis and Autochartist. For automated trading, the company offers cloud servers that remove the need to be online 24 hours a day. Trading platforms for clients MT4 and MT5, which does not require advertising, as they are known all over the world as a reliable and informative trading platform for financial leverage, offers the company 1.500 maximum

In addition to the advanced technology in the pursuit of maximum service companies devote a sufficient amount of time in customer service without weekends at any time of the day a qualified team of specialists will be happy to help you with your questions. The communication is available in several languages you can find out more on your broker’s web-site.

Client trading terminals

Company decided not to invent new platforms and use reliable platforms with extensive experience and impeccable quality of execution of deals these platforms MT4 and MT5 which have both desktop and browser versions, also downloadable on a free basis, a mobile application for devices running on Android and iOS. Please note that if you only want to trade on currency pairs, of course, MT4 is the right one for you. If you prefer to open trades on a wide range of asset types, then MT5 is the right choice.

GO Markets Trading Instruments

GO Markets offers a really wide range of tools you can use for trading and market analysis.

Myfxbook Automated Trading

Arguably the largest community of active traders GO Market gives you access to MyFXBook automatic trading, but requires you to have at least $1000 in your account. To choose a trader through the trades you are going to copy you will be given over 1000 verified accounts. You will only have to choose the one most suitable to your strategy and trading type.

Autochartist

If you have at least $500 on your account, you can use the tool to analyze the market fluctuations and the impact of important economic events on the market movement in a certain direction. For clients using MetaTrader as a trading platform, this tool is the most popular.

The most important options of Autochartist:

The ability to run a scanner based on certain criteria to identify certain patterns in the financial market

Setup that allows you to receive signals of emerging and end-of-life patterns

Technical analysis in automatic mode

We can say that its most popular option is now automatic technical analysis. It doesn’t require any basic knowledge, knowledge of the use of any tools, of which there are a great many on any platform. Just run the technical analysis on the asset of interest and get the result within minutes.

MetaTrader Genesis

The company cooperates with MetaTrader more than 10 years, during that time they defined the most important add-ons, which were used for the formation of the deal and for the analysis, as well as for the risk management when trading. That’s how this service came to be.

In fact it is add-on for MetaTrader terminals and includes a good set of tools for trading some kind of up-grade standard MT4 or MT5

Please note that to use this service you need to have less than $500. This service will not be available when using a mobile platform. Only when using desktop trading terminal

Account types

The company offers only 2 account types – standard and GO Markets Plus, the most important difference: the standard account has no commission and spreads are wider. GO Markets Plus, on the contrary, has a commission and spreads are much lower.

Also for clients who opened a trading account for the first time, you can familiarize yourself with all the instruments and test your strategy on the demo version of the platform.

Using a standard account, you will have spreads from 1.1 pip and liquidity from more than 20 vendors. To start, you need a minimum of $200.

For the GO Markets Plus account, be prepared to invest from $500, with some positions spreads will be at 0, and the commission will be from $6 per standard lot.  This will be important for those who are engaged in scalping.