GO Markets Review
The online trading industry is filled to the brim with opportunities, but there are also risks involved. Some of these have to do with the volatility of the markets, but there are others as well. One of the biggest ones is getting scammed by opting for fraudulent brokers, as there are hundreds of them in the market. It can be difficult to select a platform that is genuine and can offer you quality trading services. If you are facing this dilemma, then you can take advantage of this GO Markets review.
Based in Australia, GO Markets is a forex and CFD broker that was launched back in 2006, which means that it has been around for over 15 years. This certainly works in its favor because it shows the broker is doing something right to have survived for so long. But, whether it can work for you or not is yet to be determined and this is where you can make use of the following GO Markets review.
Regulation and security
When you want to minimize the risk of scams and fraud during online trading, your best bet is to go with a regulated broker. This will automatically minimize the possibility of any such issue because these companies are properly authorized, licensed, and compliant with the highest standards. The good news is that GO Markets is a regulated and authorized broker. In fact, it has a license from two of the top regulatory bodies in the world.
As its headquarters are located in Australia, it has a license from the Australian Securities and Investment Commission (ASIC). Apart from that, the GO Markets broker is also regulated by the Cyprus Securities and Exchange Commission (CySEC). This can give traders peace of mind because it shows that you are dealing with a platform compliant with some of the strictest policies and guidelines in the trading industry.
As per regulatory standards, GO Markets offers its clients negative balance protection and also keeps client funds in segregated accounts for avoiding misappropriation. The CySEC subsidiary also participates in the Investor Compensation Fund (ICF), which means traders are protected against the risk of insolvency.
Range of assets
The range of assets on a platform is an important factor to consider when making a decision because they will determine the returns you can make. The GO Markets trading platform has put together a well-balanced range of assets to cater to its clients and ensure that everyone can find something suitable to trade. You can trade in some of the biggest and most competitive markets and create a diversified portfolio.
You will discover that the GO Markets trading platform has more than 350 assets for you to choose from. There are forex currency pairs and also CFDs on indices, commodities, shares, metals and even cryptocurrencies can be found. Not many platforms will offer you the same variety of assets.
You cannot trade in the financial markets without a trading platform because it is the software that will connect you to the market in real time and enable you to execute your trades. It depends on the broker what platform they choose to offer and a look at the GO Markets trading platform shows that they have opted to go with the best one in the market, as they have given you access to the MT4. This award-winning platform has become the standard for global traders these days.
The MT4 is a versatile and technologically advanced platform and GOMarkets gives you the option of using its web version, downloading it on your desktop, or using mobile apps. But, the best part is that MT4 is not the only choice you will find, as the MT5 is also available. It is the successor of the MT4 and also a powerful option.
The 24/5 customer support offered by the GO Markets broker is another perk it offers to its clients, which is accessible via live chat, phone, and email. The staff is also multilingual, which is a plus for traders from different parts of the world.
Is GO Markets a scam or genuine?
There is no GO Markets scam because it is a genuine broker that has received numerous awards for its exceptional trading services.
The offerings highlighted in this GO Markets review explain just why it is a smart choice for any trader who wants to make their mark in the financial markets.
GO Markets Review
Here you can go through our detailed GO Markets review and learn whether or not GO Markets is a legitimate or scam broker for online trading. Moreover, our gomarkets.com review will also help you learn what you can expect from the GO Markets broker if you decide to sign up.