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GO Markets
GO Markets began in Australia in 2006 as an online provider of CFD trading services. Since then, they have been an industry pioneer, evolving their technology, services and education, in order to provide clients with the best possible trading experience. Widely recognised as Australia‘s first MT4 broker, they have continually expanded their platform suite to include MT5, cTrader, mobile trading, and a web-based solution. They now offer 1000+ tradeable CFD instruments including Forex, Shares, Indices, Metals, and Commodities.
Through its dedication to service, GO Markets has established itself as a leading and trusted global broker. For more on GO Markets, please visit www.gomarkets.com.
GO Markets
Overall
I have been trading with Go Markets in Australia for many years.
I am very happy with the free education they provide.
They have excellent service and reply to my emails within a few hours.
Spreads on the Pro account are great.
Overall
Any update on that withdrawl issue?
I never had any problem with them and there was only a time it took like 6 to 8 seconds to fill a order and I send emails to them and they reply and such, it was fine after 3 days. Maybe it was not even their fault, I don't know.
But they seem to be honest people. I am suprised about this story of not letting withdraw any funds.
Overall
Grind FX - I also just had money removed from my account - more than I actually started with! So I went from a 90% return over 6 months to a negative 16% return - they withdrew the lot in 1 day, with NO explanation as to the criteria of what makes a "bad trade". I am trying to raise an issue with ASIC -but haven't found the correct way to do so yet.
Guys - DONT use gomarkets. Its insane. VERY MAD.
Overall
hi, same thing of profit canceling happened with me in axitrader, vantagefx and thinkforex.
the common thing in all these 4 brokers that these r from so called australia.
now i will never use any australian forex broker. and i want to tell every trader that please avoid every australian broker
and tell and spread the message everywhere that that every australian broker is fraud and cheater.
they wasted my time and money.
i never used any arbitrage ea. i used simple ea which can make profit.
and after few months i got mail that they suspended my account and they will cancel all profit.
there r many broker so why u r still using these cheaters australian broker who can cancel ur all profit any time.
choose any broker but never choose any australian broker.
they will not only cancel ur profit but also dint give u withdraw of ur deposited fund for 90 days.
Overall
Froze my accounts too, _including the deposit_, after several months of profitable trading over completely bogus assertions of 'suspicious trading and in particular usage of internet and connectivity delays in order to take advantage of arbitrage'. It is a complete and utter lie. In otherwords, what likely happened is that they bet against me as a counterparty, lost, and don't want to pay up. Until up to a 90 day investigation concludes, my funds will be completely inaccessible. This is unacceptable, completely arbitrary, and I'm also fairly certain that it is, above all, illegal.
I have filed complaints with ASIC, and encourage anyone else who has been subjected to this almost surely criminal treatment to do the same.
Overall
GoMarkets froze my account 2 days ago as I was making profits (monthly avg for 2013 = 4%) and now I cannot take my money out. Unbelievable...I will update you about the current situation but so far, it does not look good. Be careful which broker you are trading with, even if it is "regulated".
Overall
Hahaha! It's so funny cause it's so true about Aussie police! You can hardly set off a party popper without alerting the police!. I was arrested and questioned when I was 13 because I stuck my tongue out at a policeman who growled at me for leaning against a shop front!! :D
Overall
GO on its further way to be a mt4 bucket shop. Why dont they just tell their clients: We dont like scalpers! Go away!
Overall
Anyone had any issues lately running their EA through GO Markets?
I know their spreads can blow out horrendously at times (non-peak trading times and news announcements) so i was wondering what sort of results are being obtained with EA's knowing the spread blowouts?
Overall
I never ever recommend this broker! Firstly, they never lose their money from client's deposit. When I deposited the very first 500 AUD by paypal, they have only credited 480 something AUD to my account. A slight disappointment. The biggest disappointment is their trading margin is really huge! They charge almost 13.5 units for 1 x 0.01 (micro) trading lot. This is huge! While the average trading margin of other brokers is in between 5 to 10 units per 0.01 lot trading (micro account). Recently I have opened up another personal account at AVAFX and surprisingly they provide excellent 3.4 units for 1 x 0.01 trading lot!
Overall
I am with them too and can't say I have any problems. However I haven't looked too closely at their market execution times. I run all my trades from a VPS so I would hope that the times are very fast. I will be looking into this however I have been making pips and am not too concerned.
Overall
Go Markets rate highly for customer service as they gave prompt replies to all of my email queries.
However, they are often slow to execute trades, waiting up to a minute is not acceptable, but overlooking this shortcoming, I am still using them.
Overall
Have you ever check that Go market's price is always weird? I am a new trader, i realize the dealer price always higher than i click, sale price lower than I sale. Is this normal? Sometimes I am very angry about this. The price always gone.
Usually click and wait for a long time to deal.
delay super long enough to delivery a babe...
Is there other broker better than Go Market? or all the broker has this kind of problem?
Overall
A 50 pip spread at market close on AusNzd a few weeks ago certainly raised my eyebrows. Trade execution delay is still a problem, "trade context busy" says MT4.
Overall
There is a 2-3 second delay when opening or closing a trade with GoMarkets and Vanatge. The other 2 platfroms I have running execute immediately.
Support suggested I try different servers which I have and it makes no difference to the slow execution time.
There is an easier way to change servers than Ermes suggested by clicking in the bottom right corner of the platform and using from DC1-6.
The spreads do widen out of busy hours horrendously too, way more than other companies.
Good for trying out but I would not want to invest money with them.
Overall
I recently opened a live account with this broker.
I'm testing the server... (I know that in the past there were problems)
For those who need:
1. In your MetaTrader4 platform bring up the login box (File>Login):
<img src="http://www.myfxbook.com/files/Ermes/Login_Box.png" class="img-responsive dont-change-dark" loading="lazy">
2. In the 'Server' field, delete the content (GoMarkets-Real) and then enter one of the following IP addresses. Please note: it is usually better to connect if you choose the location that is closer to you from the list below:
San Diego: 206.71.180.206:1951
London: 62.216.226.118:1951
Frankfurt: 178.162.174.161:1951
Singapore: 180.210.206.176:1951
Melbourne: 114.111.146.203:1951
3. Click 'Login'. Once the login to the server has been established you will not need to do this again and the platform will automatically seek to establish the fastest connection for you.
Overall
This Broker sucks. If you want a great Broker from Australia it's Pepperstone.
Overall
GOOD BROKER
Overall
Not a honest broker.
Overall
I have been with Go for 6 months now, and i can confirm there is a delay sometimes of 3-5 seconds when you hit the close button. Sometimes its lightning quick though. I know its not me as i can run other brokers with no problems, i have ADSL 2+ and run regular speed tests so i know the problem isnt at my end.
Customer service is great, and spreads are good.
