GO Markets Broker Review: The Expert Insight You Need to Know

Trading in the digital world requires the backing of a reliable and trustworthy online trading broker. It can be an overwhelming task with so many options out there. However, here at DayFunded, we embarked on comparing, testing, and reviewing one popular broker – the GO Markets. This detailed review will give traders an in-depth insight into this broker, enabling you to make an informed decision.

Who is GO Markets?

Established in 2008, GO Markets has been in the online trading industry for over a decade. This mature broker is under the operation of the proprietary company, GO Markets Pty Ltd. With its strong foothold in the industry, the company holds a favorable average rating of 5.1.

Account Opening & Minimum Account Size

GO Markets has kept their sign-up process relatively simple. Importantly, the minimum account size required is a modest $200, enabling even small scale traders to take part in the digital market.

Broker Features: Free Education, VPS & Segregated Accounts

Perhaps one of the standout features of GO Markets is their commitment to educating their clients. As a trader, the free education resources provided by the company could prove to be an invaluable asset. A well-informed trader is more likely to make them successful trading decisions, after all.

Additionally, the broker offers VPS (Virtual Private Server) facilities – a perfect solution for clients who wish to run their trading robots 24/7, uninterrupted and in a secure environment. Furthermore, GO Markets provides segregated accounts for customers – a clear sign of the broker's abidance to robust financial standards and its commitment to keeping their clients’ funds safe.

Trading Terms & Conditions

GO Markets operates with a minimum position size of 0.01, allowing traders to undertake transactions on a manageable scale. Besides, the broker is known for maintaining a low spread, a feature that can make a significant difference in the profitability of trading. Unfortunately, US traders aren't allowed, due to certain regulatory conditions. For non-US traders looking for a regulated broker, GO Markets is subject to serious regulation – an additional layer of trustworthiness.

What About Leverage?

As for the maximum leverage, we unfortunately do not possess the correct data at the moment. We recommend reaching out to GO Markets themselves to inquire about this crucial aspect of their offering.

GO Markets: A Broker Worth Considering?

With its notable features along with a serious regulation in place, the GO Markets does make a compelling case to be considered as your choice for online broker. Keep in mind, success in trading hinges on various factors, and the choice of your broker is certainly one of them. Let this review be a starting point in your decision-making process.

Keep visiting DayFunded for more such insightful broker reviews. Until then, happy trading!