Who is GO Markets？

GO Markets is an Australia-based Forex and CFDs broker founded in 2006. The broker provides 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, the FSC in Mauritius, and the FSA (Seychelles).

GO Markets is one of the first Australian MetaTrader 4 brokers, later on, it added MetaTrader 5, WebTrader, cTrader and mobile apps to its suite of services. The broker is well known for its strict compliance and competitive spreads.

Registered in	Australia. Cyprus. Mauritius. Seychelles
Regulation status	ASIC, CYSEC, FSC, FSA
Year(s) of incorporation	15-20 years
market instruments	Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs.
minimum initial deposit	USD $0
maximum leverage	1:500
minimum spread	From 0.0 pips
trading platform	MT4, MT5, WebTrader, cTrader, Mobile Trading
Customer Service	Email/phone number/address/live chat, 24/5
fraud complaints	NO

Pros and cons of GO Markets

GO Markets has multiple regulations from recognized organizations in the industry, which gives greater credibility and security to its clients.

It offers a wide variety of financial instruments, including more than 1000 instruments, including Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs. It has a market-leading trading platform, MetaTrader 4 and MetaTrader 5, which has numerous technical analysis tools and customizable charts.

It offers excellent customer service, available in multiple languages and through multiple communication channels.

Deposits and withdrawals are processed quickly, with a one business day lead time for withdrawals.

It has an educational section on its website that offers materials for beginners and advanced traders.

As for the cons, we found that the main point is that the conditions are different in each entity. Another point is that the brokers support is not available 24/7.

General Information and Regulation of GO Markets

GO MARKETS is an online forex brokerage company that offers clients access to a wide variety of financial instruments, including Forex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs. The company is regulated by multiple regulatory bodies including ASIC, CYSEC, FSC and FSA.

• GO Markets Pty Ltd - authorized by ASIC (Australia) registration AFSL: 254963 ABN: 85 081 864 039

• GO Markets Ltd - authorized by CySEC (Cyprus) registration no. 322/17

• GO Markets Pty Ltd (MU) - authorized by FSC (Mauritius) license no. GB 19024896

• GO Markets International Ltd - authorized by the FSA (Seychelles) license no. SD043

GO Markets Leverage

GO Markets Leverage depends on the entity you have an account with since leverage falls under certain regulations. International Traders can access high-leverage ratios. GO Markets Pty Ltd, Mauritius (FSC regulated) offers leverage up to 1:500.

GO Markets Account Types

The broker offers two account types Standard and GO Plus Accounts with the flexibility to manage the trading way and choose the best fit. So there is an option between a Standard trading proposal based on spread charges and access to a true ECN environment via GO Plus+ specifically designed through light-fast technology.

In addition, the account can be opened in a few different currencies as a base one including AUD, USD, GBP, EUR, NZD, SGD, CHF, CAD, and HKD.

GO Markets Fees and Spreads

Apart from offering one of the best spreads for the products suite, GO Markets is also the most competitive in terms of holding costs or overnight swaps. GO Markets offers Swap-Free Accounts to traders available on the Standard and GO Plus+ accounts on Meta trader platforms. GO Markets Swap-Free account is available to legitimate holders who are Muslim and cannot use “swaps” due to their religious belief.

Further, the GO Plus Account is already a choice for advanced traders or those whose strategy requires it as spreads from 0.0 pips and trading costs inbuilt in the commission as low as 2.50$ per side.

GO Markets spreads are aggregated from 22+ Tier 1 and 2 liquidity providers making them go as low as 0.0 pips. The GO Markets average spreads for Standard and GO Plus+ accounts are listed on their page. However, the data is provided for general information only and is taken over a one-month period. Prices shown may vary. For instance, see below a comparison of the Standard spread offering, as well as your comparing fees to another popular broker.

Besides, always consider overnight fee as a cost, also known as Rollover rate or interest for holding positions open overnight.

GO Markets Deposits and Withdrawals

Deposits to the live trading account can be done in numerous convenient ways while the payments will attract no additional processing fees. GO Markets does not charge any internal fees for withdrawals, however, fund withdrawals to non-Australian banking institutions may be waived for some fees and are your responsibility, so make sure to check those as well.

GO Markets minimum deposit amount is 0$ as a beginning which allows you to use the full service of live trading and open a Standard account. GO Markets Withdrawal option uses the same methods for money deposits like Bank Transfers, Cards and e-wallets, yet verify with customer service what method is applicable for you according to your own residence and its policies, or laws applied. We tested withdrawal at GO Markets and it took us 1 business day.

GO Markets Trading Platforms

Platforms	GO Markets
MetaTrader 4	Yes
MetaTrader 5	Yes
Mobile Trading Platforms	Yes
WebTrader	Yes
cTrader	Yes
cTrader Copy Trading	Yes

GO Markets Customer Support

GO Markets Customer Service was rated #1, in addition to its great Awards received in other aspects. Successful brokers recognized the need for quality service, but of course, not everyone can have one.

with 14+ language coverage, GO Markets stands ahead in that point too, so you can count on relevant and fast answers from the Customer Support GO Markets. The brokers team is available around the clock and supports international languages accessible via Live Chat, email, and phone lines in Australia, the UK and internationally as well. And although the broker does not provide 24/7 client support, it has highly acclaimed 24/5 client support.

GO Markets Education

And of course, since novice traders always pass through great challenges while exploring trading opportunities, GO Markets provide the educational materials and research resources necessary to perform seamless trading. Eventually, GO Markets educational programs and its GO Markets Academy are numerously award-winning materials that are defined by all levels of traders and available for Free use.

So in GO Markets Academy and Education Centre, you will find Forex trading learning courses, Video Tutorials, also Tutorials and regularly held Seminars and Webinars in various languages. Also, Demo Account is offered for free use with no limits where beginners can place their strategy at the test or see GO Markets environment.

As for the Research tools, besides very comprehensive research inbuilt into Metatrader 4 platform, GO Markets also cooperates with Autochartist and Trading Central providers so you can use its free trading signals and ideas for your benefit. Besides, thousands of MetaTrader 4 & 5 Add-ons remain at your suite which is defined by the instrument and specified criteria, where also you may use the great tool MT4 Genesis.

FAQs

GO Markets knows that knowing where to find the information that you need and having the confidence that you can find the answers to your trading questions could be very helpful with your day-to-day trading.

Use these comprehensive Forex Trading FAQs to learn all the basics as well as the more advanced topics in forex trading. GO Markets has covered the lot from how to open a forex trading account to how to use the MetaTrader trading platform, Forex trading system, and more. Whether you're new to trading FX or you have several years of experience trading currencies, you will find a lot of useful information in these FAQs.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

BDSWISS Review Summary in 10 Points
Founded	2012
Registered Country/Region	Seychelles
Regulation	FSA (offshore)
Market Instruments	Forex, commodities, shares, indices and cryptocurrencies
Demo Account	Available
Leverage	1:500
EUR/USD Spread	From 0.0 pips
Trading Platforms	MT4, MT5, BDSwiss Mobile APP, BDSwiss WebTrader
Minimum deposit	$10
Customer Support	24/5 multilingual live chat, phone, email

What is BDSWISS？

BDSwiss is an offshore-regulated forex and CFD broker that was established in 2012 and is registered in Seychelles. The broker offers a range of trading instruments across multiple asset classes, including forex, commodities, shares, indices, and cryptocurrencies.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

BDSWISS offers a wide range of trading instruments across multiple asset classes, making it a versatile platform for traders. The absence of deposit and withdrawal fees is a definite advantage for those who prioritize low-cost trading. Additionally, the broker's extensive educational resources can be beneficial for novice traders who want to improve their trading skills.

However, some traders may find the offshore Seychelles Financial Services Authority (FSA) license to be a drawback. Overall, BDSWISS appears to be a reliable broker with several advantages for traders, but it's important to consider the potential drawbacks before deciding to trade with them.

Pros	Cons
• Wide range of trading instruments across multiple asset classes	• Offshore FSA license
• Various account types to suit different trading needs	• Negative reviews from their clients
• Multiple trading platforms and tools	• Overnight charges, currency conversion, and inactivity fee
• No deposit and withdrawal fees
• Rich educational resources for traders of all levels

Note that this table is not exhaustive and there may be additional pros and cons to consider.

BDSWISS Alternative Brokers

There are many alternative brokers to BDSWISS depending on the specific needs and preferences of the trader. Some popular options include:

FxPro - A reputable broker with a variety of trading platforms and competitive pricing.

Trade Nation - A user-friendly broker with a focus on education and customer satisfaction.

Go Markets - A reliable broker with competitive spreads and a range of trading instruments.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is BDSWISS Safe or Scam？

Protection Measures	Detail
Regulation	FSA (offshore)
Segregated Accounts	Separate from the company's operating funds, protecting clients' funds in case of bankruptcy
Negative Balance Protection	Ensuring that clients cannot lose more than their account balance
SSL Encryption	To protect its clients' personal and financial information during transmission
Two-Factor Authentication	As an extra layer of security to protect clients' accounts from unauthorized access
Investor Compensation Fund	Provides additional protection to clients in the event of BDSWISS's insolvency

These measures help to ensure that BDSWISS provides a safe and secure trading environment for its clients.

Our Conclusion on BDSWISS Reliability:

Based on the information provided, BDSWISS appears to be a reliable and reputable online broker. It is offshore regulated by Seychelles Financial Services Authority (FSA), offers negative balance protection and segregates client funds. However, it is important to note that all trading carries risks, and clients should always do their own research and take appropriate precautions.

Market Instruments

BDSwiss offers 250+ trading instruments across various asset classes, providing traders with numerous options for diversification. Forex traders can access over 50 currency pairs, including major, minor, and exotic pairs. The platform also offers CFD trading on precious metals such as gold, silver, and platinum, as well as energy products like crude oil and natural gas. Additionally, traders can choose from a range of popular stock CFDs, including shares of leading companies in the US, Europe, and Asia. BDSwiss also provides access to a range of global stock indices, such as the S&P 500, FTSE 100, DAX 30, and Nikkei 225. Finally, the platform offers trading on popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Accounts

Demo Account: BDSWISS provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: BDSWISS offers a total of 3 account types: Classic, VIP, and Raw. The minimum deposit to open an account is $10, $500 and $500 respectively. The threshold to open an account at BDSWISS is quite low. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

Leverage

BDSWISS offers a maximum leverage of up to 1:500 for all account types, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Spreads & Commissions

BDSwiss offers variable spreads and commissions based on the type of trading account. Classic accounts have a minimum spread of 1.5 pips with no commission, while VIP accounts have a lower minimum spread of 1.1 pips and are also commission-free. Raw accounts, on the other hand, offer raw spreads starting from 0.0 pips but have to pay a commission of $5 per traded lot. Overall, BDSwiss' spreads and commissions are competitive compared to other brokers in the market. It's essential to note that spreads can fluctuate depending on market volatility, trading volumes, and other market conditions.

It is commendable that in the trading instruments interface, BDSWISS provides a detailed table showing the spreads, swaps, commissions and pip value of various instruments in various accounts in detail, which greatly facilitates customers' inquiries and comparisons.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commissions
BDSWISS	1.5 pips	Free
FxPro	1.4 pips	Free
Trade Nation	0.6 pips	Free
GO Markets	0.5 pips	Free

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

As for the trading platform, BDSWISS provides its clients with many options. There are public platforms such as MT4 and MT5 that have served many clients worldwide, also BDSWISS's own platforms - BDSwiss Mobile APP, BDSwiss WebTrader. If you didn't want to spend time familiarizing yourself with a new platform, you could choose MT5 and MT4. But BDSWISS's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

Overall, BDSWISS' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker	Trading Platform
BDSWISS	MetaTrader 4, MetaTrader 5, BDSWISS WebTrader, BDSWISS Mobile App
FxPro	MetaTrader 4, MetaTrader 5, FxPro cTrader, FxPro Edge
Trade Nation	Proprietary Trading Platform
Go Markets	MetaTrader 4, MetaTrader 5, Go Trader, WebTrader

Note: It's worth mentioning that brokers may offer additional trading platforms or withdraw some trading platforms over time.

Trading Tools

BDSWISS provides a range of trading tools to help its clients in their trading activities.

The economic calendar allows traders to keep track of important upcoming events that can affect the markets.

The VPS service provides fast and reliable connection to BDSWISS servers for traders who use automated trading strategies.

The Trade Companion is a trading assistant that provides users with insights and trading signals.

The Trends Analysis tool helps traders to identify trends and make better trading decisions.

Trading Central provides technical analysis and market insights.

The Autochartist tool analyzes charts and helps traders to identify trading opportunities.

Trading Alerts notify users of important market events.

The Currency Heatmap tool allows traders to see the relative strength of different currencies.

Finally, the Trading Calculators help traders to manage their risk and calculate their potential profits and losses.

Deposits & Withdrawals

BDSWISS offers a wide range of deposit and withdrawal options, including Visa, MasterCard, Skrill, Neteller, Bank Wire, Pay Retailers, cryptocurrencies, AstroPay, Globepay, MPESA, airtel tiGo, korapay, and more.

The broker does not charge any fees for deposits or withdrawals via credit card, while for bank wire withdrawals equal to or less than €100, BDSwiss will charge a €10 flat fee.

BDSWISS minimum deposit vs other brokers

	BDSWISS	Most other
Minimum Deposit	$10	$100

Most deposits are processed instantly. For withdrawals, BDSWISS strives to process most requests within 24 hours, although the processing time may vary depending on the payment method used and the verification requirements. Overall, BDSWISS offers convenient and cost-effective deposit and withdrawal options for its clients.

BDSWISS Money Withdrawal

To withdraw funds from BDSWISS, you need to follow these steps:

Step 1: Log in to your BDSWISS account

Step 2: Click on the “Withdrawal” option in the main menu.

Step 3: Select your preferred withdrawal method from the available options.

Step 4: Enter the amount you want to withdraw and provide any additional information requested.

Step 5: Click on the “Submit” button to process the withdrawal request.

Fees

BDSWISS charges overnight fees on all positions that are held open overnight, and the rates depend on the instrument being traded. The broker also charges a currency conversion fee for deposits made in a currency different from the account currency. Moreover, if no trading activity occurs for over 90 days, a monthly fee of $30 will be deducted from your account balance, until the account balance is 0. This charges covers the maintenance/administration expenses of such inactive accounts. It is important for traders to keep these fees in mind when planning their trading activities, as they can impact the overall profitability of their trades.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee	Inactivity Fee
BDSWISS	None	None	Yes, after 90 days
FxPro	None	None	None
Trade Nation	None	None	None
Go Markets	None	None	Yes, after 6 months

Customer Service

Below are the details about the customer service.

• Languages: English, polish, German, Italian, French, Arabic, Thai, Filipino, Chinese, Indonesian, Portuguese, Romanian, Russian, Turkish, Danish, Norwegian, Korean, Czech, Malay, Vietnamese, etcetera.

• Service Hours: 24/5 multilingual live chat

• Phone Number: +44 2036705890

• Email: support@global.bdswiss.com

• Social media: Facebook, Instagram, LinkedIn, YouTube, Twitter, Telegram

• Address: Suite 3, Global Village, Jivans Complex, Mont Fleuri, Mahe, Seychelles.

• Help/Support Centre are also available.

Pros	Cons
• 24/5 Multilingual customer support available	• No 24/7 customer support
• Live chat, phone, and email support
• Personal account manager for VIP accounts
• Help/Support Centre available on the website

Note: These pros and cons are based on our research and analysis of BDSWISS' customer service. Your personal experience may vary.

Overall, BDSWISS' customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Education

BDSWISS provides a range of educational resources to assist traders in improving their trading knowledge and skills. They offer a variety of educational materials, including Forex eBooks, LIVE Education, Forex Basic Lessons, Forex Glossary, Educational Videos, and Seminars.

Their Forex eBooks cover various topics, such as trading psychology, technical analysis, and risk management, to help traders develop a well-rounded understanding of the Forex market.

They also provide live education through webinars, which are hosted by industry experts, and interactive training sessions.

The Forex Basic Lessons are designed to help beginner traders learn the basics of Forex trading.

Additionally, they offer educational videos that cover different aspects of trading, and traders can attend in-person seminars held in different locations globally.

User Exposure on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Conclusion

All in all, BDSWISS offers a diverse range of trading instruments with competitive spreads and commissions on different account types. The broker provides a variety of deposit and withdrawal options with no fees charged, and fast processing times. BDSWISS also offers various educational resources and trading tools to enhance clients trading experience. However, is offshore regulated by Seychelles Financial Services Authority (FSA) and there are some negative reviews from their clients saying that they have met severe slippage and unable to withdraw. Every trader should be cautious before trading or investing with a broker.

Frequently Asked Questions (FAQs)

Q 1:	Is BDSWISS regulated？
A 1:	No. The Seychelles Financial Services Authority (FSA) license BDSWISS holds is offshore.

Q 2:	Does BDSWISS offer demo accounts？
A 2:	Yes.

Q 3:	Does BDSWISS offer the industry-standard MT4 & MT5？
A 3:	Yes. It supports MT4, MT5, BDSwiss Mobile APP, and BDSwiss WebTrader.

Q 4:	What is the minimum deposit for BDSWISS？
A 4:	The minimum initial deposit to open an account is only $10.

Q 5:	Is BDSWISS a good broker for beginners？
A 5:	Yes. It is a good choice for beginners because it offers demo MT4 and MT5 accounts that allow traders to practice trading without risking any real money, and it also offers rich educational resources. However, their FSA license seems to be offshore, take care!