go-markets

General information and regulations of GO MARKETS

GO MARKETS is an online forex broker registered in Seychelles and regulated by ASIC, CYSEC, FSC and FSA.

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 summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Currency pairs, indices, commodities, metals, energy, stocks.....GO MARKETS allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on GO MARKETS. However, cryptocurrencies are currently unavailable.

Spreads and commissions for trading with GO MARKETS

Spreads, commissions and other additional trading cost are quite important when it comes to calculating the gains and losses. In the case of GO MARKETS, it provides a real-time spread table. We can see that the spread for EURUSD is 1.7 pips. The commissions depend on the account types.

Account Types for GO MARKETS

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

Live Account: GO MARKETS offers a total of 2 account types: standard and pro. The minimum deposit to open an account is $500 and $3,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. 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.

Trading platforms offered by GO MARKETS

As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.

However, have you ever wondered or are you wondering which platform you should use？ Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

Leverage offered by GO MARKETS

GO MARKETS offers a maximum leverage of up to 1:500, 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.

Deposit and withdrawal methods and fees

GO MARKETS is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

A series of educational resources is available at GO MARKETS, such as aurochartist, trading central, economic calendar and VPS.

Customer support of GO MARKETS

Below are the details about the customer service.

Language(s): English, Chinese

Service Hours: 24/5

Email: Support@gomarkets.sc AsiaAccounts@gomarkets.sc

Phone Number: +248 4 671 903

400 120 8537

Address: Office No. 1, First Floor, Sivas Complex, Providence, Mahe, Seychelles

Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

Advantages and disadvantages of GO MARKETS

Advantages:

High leverage

MT4, MT5

Sufficient information

Educational resources

Demo account

Disadvantages:

No effective regulation

No cryptocurrencies

Few deposit and withdrawal methods

Frequent asked questions about GO MARKETS

Is this broker well regulated？

Yes, it is currently effectively regulated by ASIC, CYSEC, FSC and FSA.

Can I trade cryptocurrencies in GO MARKETS？

No, GO MARKETS does not currently offer cryptocurrency trading services.

blackbull-markets

General information and regulations of BlackBull

BlackBull is an online forex broker well regulated by FMA and FSA with a history around a decade.

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 summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Currency pairs, indices, commodities, metals, energy, cryptocurrencies, futures, equities, ETFs.....BlackBull allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on BlackBull.

Spreads and commissions for trading with BlackBull

BlackBull has a real-time spreads table in the market overview section, and the commissions depend on the account types. We can see that there is no commission for ECN standard account, a commission of 6 USD per lot for ECN prime and 3 USD for ECN institutional.

Account Types for BlackBull

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

Live Account: BlackBull offers a total of 3 account types: ECN standard, ECN prime and ECN institutional. The minimum deposit to open an account is $0, $2,000 and $20,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a regular account will be the most suitable option for you. Their other mayor differences consist in commissions and spreads that we have covered in the former section of spreads and commissions.

Trading platforms offered by BlackBull

As for the trading platform, BlackBull provides its clients with many options. There are public platforms such as MT5, MT4, webtrader and tradingview that have served many clients worldwide.

Leverage offered by BlackBull

BlackBull offers a maximum leverage of up to 1:500, 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.

Deposit and withdrawal methods and fees

As for deposits and withdrawals, the company lists only a few payment options (VISA, UnionPay, skrill, fasapay, bank transfer, neteller, mastercard), but does not cover the most important parts, such as additional fees, minimum amounts, time required for procedures, etc.

Educational resources

A series of educational resources is available at BlackBull, such as market news, video analysis, trading guides, expert commentaries, etcetera.

Customer support of BlackBull

Below are the details about the customer service.

Language(s): English, Spanish, French, Chinese, German, Portuguese, Italian, Thai language, Korean, Arabic, Vietnamese, etcetera

Service Hours: 24/7

Email: support@blackbullmarkets.com

Phone Number: +64 9 558 5142

Address: BlackBull Markets, Level 20, 188 Quay Street, Auckland, 1010

Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

Users exposures 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.

Advantages and disadvantages of BlackBull

Advantages:

Well regulated

High leverage

MT4, MT5

Sufficient information

Educational resources

Many instruments available

Demo account

Copy trading

Disadvantages:

Too many complaints

Few deposit and withdrawal methods

Frequent asked questions about BlackBull

Is this broker well regulated？

Yes, it is currently effectively regulated by FMA and FSA.

How much leverage does this broker offer？

The maximum leverage of BlackBull is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.

Does this broker offer copy trading or social trading？

Yes, BlackBull offers both of them.