EarnForex — Helping Traders Since 2005
What is Forex?
Forex for Dummies
Forex FAQ
Forex Glossary
Forex Articles
Forex Blog
Forum
PayPal
Moneybookers
LiteForex Forex Broker
InstaForex Forex Broker
eToro Forex Platform
FXcast Forex Broker
Forex Resources
<< Back to Forex Brokers List

GOMarkets — Forex Broker

GOMarkets:

Company: GO Markets Pty Ltd
On-line since: 2008
Country of origin: Australia
Regulation: Regulated by ASIC (registration number: ACN081864039).
Payment options: Wire transfer, BPAY, credit cards and PayPal
Minimum account size: $1
Minimum lot size: 0.01 lot
Leverage: up to 1:500
Spreads: 1.5-2 pips on EUR/USD
Rating:
5.5/10 with 206 votes

Rate broker — GOMarkets:
Categories: PayPal Forex brokers
MetaTrader Forex brokers
Gold trading brokers
Forex brokers with CFD trading
Opinions: See GOMarkets reviews.

Advantages:

Disadvantages:

  • No important disadvantages

Click here to open an account with GOMarkets


Reviews:

74 reviews of GOMarkets are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Jamie from Sydney, Australia04/02/2010

Happy with GoMarkets and would definitely recommend. Excellent customer service, great platform speeds and good spreads. Max. 1:300 leverage for >$10,000 account is very reasonable.


karim from London03/29/2010

No issues for me, great bunch of guys over their in oz , made me feel welcome to join their company. good spreads and fine speed . dont know why some people moan but you cant please everyone, they are probably a bunch of losers.

happy to recommend, please see us in London soon though for a seminar


crapis from melbourne03/29/2010

even traders in Forex Factory have started complaining about this broker: http://www.forexfactory.com/showthread.php?t=201161&page=14

The terrible execution speeds remain an issue and it is very wrong for gomkts to play decieving tactics. They will be reported to ASIC if this continues.


Tony from Australia03/28/2010

Account was setup quickly and with ease, funded it by credit card and was trading same day. Never had a problem with fills or execution. Comments about negative customer service seem way off the mark, as they always reply to anything I send. Happy to have a good aussie broker!


simon from Surrey UK03/24/2010

I trade through Go, Oanda and Alpari.

Go seem to be winning on ethics and reliability of server.

I have had bad fills reinstated if the price was a fat finger spike plus the execution speed has no problem fo me in the UK.

Spreads remain low most of the time.

they do have some negative points, I can only get 300:1 as my account is over 10k , apparently they only give 500:1 to accounts of 10k or less


Sam Rahim from Australia03/23/2010

This is probably the worst broker I have come across. Their spread will go as high as 70 pips during news times. Customer service is bad they wont even reply to your emails if you have a problem. No after hours support. Typical bucket shop broker will dissapear with your money before you know it. My advise go with a big broker like Dukascopy or cms forex uk not with a small shady broker like Go Markets at least they have some credibility & have a proper infrastructure inplace to assist you if you need help.


Joan from Australia03/21/2010

Crap fills, and lot of slippage. Most thing when you are a good scalper! Also lot of false advertising on their website. What 500:1 leverage?? Called them up, and they wouldnt give it to me! One word to sum them up - "CRAP".


dedi hariyanto murad from indonesia03/18/2010

hese brokers, very unprofessional ...... me several times in the execution of transactions by themselves .... so my loss a lot......


fleeters from Lorne, Australia03/16/2010

The speed of execution for me has really improved , not sure why someone from Oz is seeing an issue, I scalp and normally get fills in under a second plus i'm based in the country not a city area

Spreads are good too but havent seen much of the advertised 0.5 pips , they are usually around the 1 pip mark for Eur/Usd but rarely any slippage.


Andrew from Taiwan03/12/2010

I am very interesting in it.

But applying an account,it dont accept documents(ID,bills,..)that in chinese directly.

Its very very inconvenience for chinese users.

I think this is why i can not find any chinese user and comment with GoMarkets via google.


Robert Mullens from Australia03/11/2010

Not happy trading with them. Lot of slippage and takes time for filling an entry (as well as exiting your position).

Sadly they havent addressed this issue and keep saying there is nothing on their end. As far as i know, plenty of people complaining about this problem.


Danaher from Australia03/11/2010

Great to have an aussie broker that is not a rebadged overseas broker. All Cash goes in and come back out without fees quickly. Solid spreads and pretty good daytime customer service.


Albert from UK from UK03/11/2010

Hi Riki,

They do accept payments through PayPal, but only using Aussie Dollars


stawned from Australia03/09/2010

im having a very different service. good spreads especially during liquid trading times. I scalp regularly and speed is good.

maybe someone is blaming their terrible trading on the broker.

a bad workmen always blames his tools.

I moaned about this broker last year as they had some BS service but they have really improved


jack from sydney03/09/2010

fills are crap. They recently sent email that execution speeds on fills will be better---BUT nothing has changed and they remained pathetic. I am a prt of a trading group in which more then 20 traders are trading on gomarkets and all are having the same problem. Moreover they dont offer 500:1 leverage ( not that you need it). I have an account size of $14000 and they told me that they offer 500:1 leverege only on mini accounts--so obviously false advertising on their website. Their spreads are not that good either. Mostly ranging from 1.3-1.6 pips spread on eu + slippage will average you btw 2.5-3.5 pips spread on eu which is BS.

Wish they can be more honest and be fair. Im ashamed of their customer service especially chris character who has got every excuse to back their dishonesty. stay away !

Page: 1 2 3 4 5


To submit your own Forex Broker review for GOMarkets fill the form below. Your review will be checked by a moderator and published on this page.

By submitting a Forex Broker review to EarnForex.com you approve that you grant us a right to publish and change this review at no cost and without any warranties. Reviews with the invalid e-mail address will be rejected.

Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

Attention! This is NOT a Broker's contact form. You CAN'T contact GOMarkets via it. The form below can only be used to post a review of this Broker.

Your Name:
Your E-mail:
Where Are You From?
Review Text:
CAPTCHA
Image code:



© 2009—2010 EarnForex.com
Forex Bonus — your source of fresh Forex promotions, bonuses and contests. Don't show me this offer ×
Сайт управляется системой uCoz