By Nathan Ferguson
Go Markets Review
GO Markets is a global provider of innovative CFD trading solutions and an industry leader in forex trading. They offer access to more than 150 financial instruments with competitive spreads, tight fixed and guaranteed stop-loss orders, fast trade execution, and general support for traders around the world. Let’s have a look at the detailed GO Markets brokerage review to choose one of the best brokers for you.
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GO Markets has a reputation as a market leader in trading spreads across multiple asset classes, with over 100,000 active clients from all over the world. The brokers’ trading platform is easy to use and has been designed with usability in mind. It is available in multiple languages and the broker provides support around the clock via its multi-lingual call center or online chat. GO Markets also supports traders by offering a free demo account so they can practice before they start trading with real money.
Account options
Go Markets offer two account options. Both accounts are spread-based with no commission and have a minimum deposit of A$200.
Traders have access to spreads of 1.0 pips on G10 pairs, a minimum trade size of 0.01 lots, and leverage up to 1:500. Core features such as 24/7 support, one on one account manager, hedging, and scalping are also available to both account traders.
In addition to basic trading features, GO Plus+ accounts have all of the same features as a Standard account with enhancements for more experienced traders including real-time data feeds, lower spreads starting at 1 .0 pips, and a larger trade size of 0.1 lots.
Beginners can choose GO Markets Standard account while more experienced traders will benefit from GO Markets GO Plus+ account with enhanced features such as real-time data feeds, lower spreads starting at 1.0 pips, and a larger trade size of 0.1 lots.
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Additional Features
It is an exciting time for GO Markets traders! They are delighted to announce the launch of their MT4 and MT5 platform add-ons such as Quacnt daily trading, Auto chartist, and educational resources as well.
They offer a suite of advanced trading tools that can be used on top of GO Markets MetaTrader 5 and 4 platforms. They have been designed specifically for traders who require additional trading tools to boost their performance.
These MT4 and MT5 add-ons can help you learn how to trade, act as an automatic trade copier, provide better trade insights with analyst support, pattern recognition indicators, and enhanced strategy tester. These tools are available now for both MT4 and MetaTrader 5 (version 5.0 and above) and MetaTrader 4 (version 4.0 and above) platforms.
Demo Account
A demo account is a way for traders to practice trading without the risk of actually losing money. Demo accounts are a wonderful learning tool, and if you treat them as such, they can be a great benefit to you in your early stages of trading.
When using a demo account it is important not to be too attached to any trade that you make. In the real market, you will win some and lose some, which is just the way it works. You will not always be profitable on demo or with a live account, but as long as you stop trading when you are down and give yourself time to reflect upon your mistakes then this is perfectly fine.
If you can treat the demo account as a learning tool then it can be very rewarding. You can record your wins and analyze which strategies work for you, while also noting down losing trades on paper or by using some kind of technical analysis tools but without taking them too seriously until you move over to a live trading account.
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Conclusion
GO Markets offers a very wide range of tradable assets including cryptocurrencies along with all features expected from a traditional brokerage company, like demo accounts, educational resources, etc. Go Markets has strong security measures in place: The brokerage offers two-factor authentication and 256-bit SSL encryption, and its trading platform has been certified by independent third parties. Join them today and happy trading.