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    Rating

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    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10.00

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    Benchmark

    AAA

    Licenses

    Australia Securities & Investment Commission

    Market Making(MM)

    ASIC Regulated

    The Seychelles Financial Services Authority

    Retail Forex License

    FSA Offshore Regulatory

    Overview

    • Company Name:

      GO MARKETS PTY LTD
    • Company Abbreviation:

      GO MARKETS
    • Place of registration:

      GO MARKETSAustralia
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@gomarkets.com
    • Customer Service Phone Number:

      +248 4 671 903
    • Company summary

      BasicInformation&RegulatorsofGoMarketsGoMarketsisawell-knownandestablishedforexdealerintheindustrywithmorethantenyears'tradingexperience.Thecompanywasestablishedin2005andisheadquarteredinMelbourne,Australia,withbranchesinmanyimportantcitiesworldwide.GoMarketshasbeencommittedtoprovidingclientswithawideselectionofonlinefinancialproducts,suchasforex,gold,stockindex,andcrudeoil.ThecompanyiscurrentlyunderthesupervisionoftheAustralianSecuritiesandInvestmentsCommission(ASIC)(regulationnumber:254963)andtheDubaiMulti-CommodityExchangeCenter(DMCC)(regulationnumber:653535).MarketInstrumentsThecompanyprovidesmainstreamandpopularfinancialtradableinstrumentsontheglobalmarket,mainlyforextrandings,stockCFDs,commodities,crudeoil,globalstockindices,etc.Leverage&AccountofGoMarketsForextradingscanenjoytheleverageofupto1:300,andthemaximumleverageofstockCFDsis1:20.ThehighestleverageforGoldPriceinUSdollaris1:300,andforSilverPriceinUSdollaris1:50.Thehighesttradingleverageforcrudeoilis1:50.Thespotindices;leveragevariesfrom1:100to1:200,andtheleverageofthefuturesindicesvariesfrom1:20-1:100.Thecompanyprovidestwotypesofaccountsforinvestorswithdifferenttradingexperienceandinvestmentpreferences:StandardAccountsandLow-SpreadAccounts.Themaximumleverageofbothaccountsis1:300,andtheminimumdepositisUS$500.Spreads&CommissionFeesTherearenocommissionsforforeignexchangetransactions,onlyspreadfees.ThemainspreadsforstandardaccountsareEuURUSD1.6,Gold4.0.gold,silver,andcrudeoiltradingsdonotchargecommissions,andindicestradingchargesafeeofUS$2perstandardlot.Themainspreadsforlow-spreadaccountsare0pipsforEUR/USD,1.0forgold,afeeof7dollarsperstandardlotforforex,7dollarsperstandardlotforgoldandsilver,and2dollarsperstandardlotforcrudeoilandindextransactions.TradingPlatformAppliedofGoMarketsThetradingplatformprovidedbythecompanyistheMT4desktopversion&mobileversion,MT5desktopversion&mobileversion.MT4isthemostpopularonlinetradingterminalglobally,anditisanimportanttradingtoolforinvestorsinallonlinefinancialmarkets.UsingGOMarkets'high-qualitytransactionexecutionandthemostcompetitivespreadquotation,investorscandirectlytrademorethan90foreignexchangeandCFDproductsontheMT4tradingplatformwiththeinternationalmarket.ComparedwithMetaTrader4,MetaTrader5,whichisfurtheroptimizedandupgraded,isadiversifiedfinancialmarkettradingplatformthatprovidesexcellenttradingpossibilitiesandtechnicalanalysistoolsandallowstheuseofautomatedtradingsystemsforautomatictradingandcopytrading.MillionsofusersworldwidehavechosentousetheMetaTrader5tradingplatform.Deposit&WithdrawalThedepositandwithdrawalmethodssupportUnionPayandwiretransfer.Thereisnohandlingfeefordeposits,andwithdrawalsoflessthanUSD100willincurabankhandlingfeeofUSD5pertrade.Withdrawalsabove$100arefree.Accordingtotheanti-moneylaunderingpolicy,withdrawalsfromaccountswithoutanytransactionsrequireanadditional2.5%handlingfee. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.08.05 Risk: 2 Item

    • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • The SeychellesFSA regulatory with license number: SD043 is an offshore regulatory, please be aware of the risk!

    WikiFX Verification

    Transaction data

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Total Margin

    • Active Trading

    • New User

    • Stop Out Rate

    • Total Profit

    • Total Tnxs

    • Spread Cost

    • Net Deposit

    • Net Withdraw

    Last Updated Time 2021-08

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-08
    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    The Seychelles Financial Services Authority

    The Seychelles Financial Services Authority (FSA)

    The Seychelles Financial Services Authority(FSA) is an autonomous regulatory body responsible for the non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, FSA is responsible for permitting and regulating licenses, enforcing regulatory and compliance requirements, monitoring and supervizing the conduct of business in the non-bank financial services sector in Seychelles. The regulated activities include fiduciary services, capital market & collective investment schemes, insurance, gambling. FSA is also responsible for the registration of international business companies, foundations, limited partnership and international trust in Seychelles.

    • Licensed Institution :

      Go Markets International Ltd

      Effective Date :

      --
    • Email Address of Licensed Institution :

      compliance@gomarkets.sc

      License Type:

      No Sharing
    • Website of Licensed Institution :

      https://www.int.gomarkets.com/

      Expiry Date :

      --
    • Address of Licensed Institution :

      Suite 103, 1st Floor, Waterside Property, Eden Island, Seychelles

      Phone Number of Licensed Institution :

      +248 4671903
    • Licensed Institution Certified Documents :

      GO MARKETS FSA监管截图 View Certified Documents

    GO MARKETS · MT4/5

    Identification Result

      GO MARKETS · Website

      Most visited countries/areas

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          GO MARKETS· Genealogy

          GO MARKETS · Clones

          GO MARKETS · Market Analysis

          The data are from WIKI Research    2021.08.05 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          GO MARKETS
          * Contact number
          0086
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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          GO MARKETS · Company summary

            Basic Information & Regulators of Go Markets

            Go Markets is a well-known and established forex dealer in the industry with more than ten years' trading experience. The company was established in 2005 and is headquartered in Melbourne, Australia, with branches in many important cities worldwide. Go Markets has been committed to providing clients with a wide selection of online financial products, such as forex, gold, stock index, and crude oil. The company is currently under the supervision of the Australian Securities and Investments Commission (ASIC) (regulation number: 254963) and the Dubai Multi-Commodity Exchange Center (DMCC) (regulation number: 653535).

            Market Instruments

            The company provides mainstream and popular financial tradable instruments on the global market, mainly forex trandings, stock CFDs, commodities, crude oil, global stock indices, etc.

            Leverage & Account of Go Markets

            Forex tradings can enjoy the leverage of up to 1:300, and the maximum leverage of stock CFDs is 1:20. The highest leverage for Gold Price in US dollar is 1:300, and for Silver Price in US dollar is 1:50. The highest trading leverage for crude oil is 1:50. The spot indices; leverage varies from 1:100 to 1:200, and the leverage of the futures indices varies from 1:20-1:100. The company provides two types of accounts for investors with different trading experience and investment preferences: Standard Accounts and Low-Spread Accounts. The maximum leverage of both accounts is 1:300, and the minimum deposit is US$500.

            Spreads & Commission Fees

            There are no commissions for foreign exchange transactions, only spread fees. The main spreads for standard accounts are EuURUSD 1.6, Gold 4.0. gold, silver, and crude oil tradings do not charge commissions, and indices trading charges a fee of US$ 2 per standard lot. The main spreads for low-spread accounts are 0 pips for EUR/USD, 1.0 for gold, a fee of 7 dollars per standard lot for forex, 7 dollars per standard lot for gold and silver, and 2 dollars per standard lot for crude oil and index transactions.

            Trading Platform Applied of Go Markets

            The trading platform provided by the company is the MT4 desktop version & mobile version, MT5 desktop version & mobile version. MT4 is the most popular online trading terminal globally, and it is an important trading tool for investors in all online financial markets. Using GO Markets' high-quality transaction execution and the most competitive spread quotation, investors can directly trade more than 90 foreign exchange and CFD products on the MT4 trading platform with the international market. Compared with MetaTrader 4, MetaTrader 5, which is further optimized and upgraded, is a diversified financial market trading platform that provides excellent trading possibilities and technical analysis tools and allows the use of automated trading systems for automatic trading and copy trading. Millions of users worldwide have chosen to use the MetaTrader 5 trading platform.

            Deposit & Withdrawal

            The deposit and withdrawal methods support UnionPay and wire transfer. There is no handling fee for deposits, and withdrawals of less than USD 100 will incur a bank handling fee of USD 5 per trade. Withdrawals above $100 are free. According to the anti-money laundering policy, withdrawals from accounts without any transactions require an additional 2.5% handling fee.


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.