Go Markets provides a range of trading account types tailored to different trader profiles, including beginners, retail traders, high-volume professionals, and fund managers.
Available accounts include the Standard Account (ideal for casual traders), the Go Plus+ Account (optimized for algorithmic trading), and the Corporate Account (ideal for companies that want to invest business funds). Advanced traders and money managers can access the Go Pro Account and the Professional Account, which offers higher leverage, lower margin requirements and additional benefits.
Each Go Markets account type has distinct pricing models and offers platform compatibility across MT4 and MT5.
The availability of the Go Markets account types is subject to Regulatory compliance, trader expertise, and regional restrictions.
What types of trading accounts are available at Go Markets?
The Go Markets account types are listed below.
- GO Markets Demo Account
- GO Markets Standard Account
- GO Markets GO Plus+ Account
- GO Markets GO Pro Account
- GO Markets Professional Account
- GO Markets Corporate Account
GO Markets Standard Account: Best for casual traders
GO Markets Standard Account is designed for casual traders. It offers access to over 600 assets, such as forex, indices, commodities, shares, and cryptocurrencies. Spreads start from 1 pip, with no additional commissions, and the minimum deposit varies by location, starting from $100.
The features of the Go Markets Standard Account are listed below.
- Availability: Under CySEC, ASIC, SCA, FSC, FSA.
- Markets: Forex, indices, commodities, shares, crypto (600+ assets in total. The number of assets available depends on your location).
- Commissions: You will find spreads from 1 pip; rollover fee if you hold a position overnight.
- Platforms: MetaTrader 4 and MetaTrader 5. Note that the MT5 platform is not available under CySEC regulation.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, ASIC); up to 1:500 (FSC); up to 1:300 (FSA); up to 1:50 (SCA).
- Special features: Get a VPS for $10/month (or for free by having a 10 lots volume in one month); dedicated account manager.
- Account opening: GO Markets offers a standard demo. The minimum deposit for a live account starts from $100 depending on your location.
GO Markets Go Plus+ Account: Best for algo traders
GO Markets Go Plus+ Account is suitable for algorithmic traders. Spreads start from 0 pips, with a commission of $3.00 per side on a standard lot. The minimum deposit required is $200, depending on the trader’s location.
The features of the Go Markets Go Plus+ Account are listed below.
- Availability: Under CySEC, ASIC, SCA, FSC.
- Markets: Forex, indices, commodities, shares, crypto (600+ assets in total, but availability may depend on your location).
- Commissions: You will get charged spreads from 0 pips plus a commission of $3.00 per side on a standard lot; CFD assets are subject to rollover fees.
- Platforms: MetaTrader 4 and MetaTrader 5. Note that the MT5 platform is not available under CySEC regulation.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, ASIC); up to 1:500 (FSC); up to 1:50 (SCA).
- Special features: The VPS and the dedicated account manager are still available.
- Account opening: A Go Plus+ demo account is available to try the service. Depending on your location, a minimum of $200 is required to open a real account.
GO Markets GO Pro Account: Best for experienced traders
GO Markets GO Pro Account is intended for experienced traders under FSA regulation. It offers access to over 600 assets. Spreads start from 0 pips, with a commission of $7 per lot on forex and metals, and $2 per lot on commodities and indices. The minimum deposit required is $3,000.
The features of the Go Markets Go Pro Account are listed below.
- Availability: Under FSA.
- Markets: Forex, indices, commodities, shares, crypto (600+ assets in total with availability depending on your location).
- Commissions: Spreads start from 0 pips; a commission of $7 per lot on forex and metals and a commission of $2 per lot on commodities and indices; rollover fee if you hold a position overnight.
- Platforms: MetaTrader 4 and MetaTrader 5.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:300.
- Special features: The VPS and the account manager remain available even for experienced traders.
- Account opening: GO Markets provides a GO Pro demo to its clients. The minimum deposit requested for a live account is $3000.
GO Markets Professional Account: Best for high-volume traders
GO Markets Professional Account is designed for high-volume traders under ASIC regulation. It provides access to over 600 assets. Spreads start from 0 pips, with a commission of $3.50 AUD per side, depending on the account choice. This account offers higher leverage and additional features like negative balance protection up to AUD 100,000.
The features of the Go Markets Professional Account are listed below.
- Availability: Under ASIC.
- Markets: Forex, indices, commodities, shares, crypto (600+ assets in total).
- Commissions: Spreads are available from 0 pips depending on the account choice; a commission of $3.50 AUD depending on the account choice; rollover fee if you hold a position overnight.
- Platforms: MetaTrader 4 and MetaTrader 5.
- Trade size: From 1 micro lot.
- Leverage: Up to 500:1.
- Special features: Higher leverage; negative balance protection up to AUD 100.000; earn rebates depending on the trading volume; dedicated support desk assistance; professional analysis reports.
- Account opening: Open an account with GO Markets and then complete the additional steps to upgrade to a professional one.
GO Markets Corporate Account: Best for companies
GO Markets Corporate Account is tailored for companies under ASIC regulation. It offers access to over 600 assets. Spreads start from 0 pips and to open this account, a standard or Go Plus+ account must be opened first, followed by contacting the broker to change the account status to “corporate”.
The features of the Go Markets Corporate Account are listed below.
- Availability: Under ASIC.
- Markets: Forex, indices, commodities, shares (600+ assets in total).
- Commissions: Under this account, you will find spreads from 0 pips depending on the account choice; a commission of $3.50 AUD depending on the account choice; rollover fee if you hold a position overnight.
- Platforms: MetaTrader 4 and MetaTrader 5.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30.
- Special features: VPS; dedicated account manager. You can choose between a company or trust/superannuation account type.
- Account opening: You must open a standard or plus account first, and then you must contact the broker to change the account status to “corporate”.
How to compare the Go Markets trading accounts?
The table to compare the Go Markets trading accounts is shown below.
| GO Markets Account Types | Minimum Deposit ($) | Minimum Spread (pips) | Volume-based Commissions | Overnight Fees | Minimum Trade Size (lots) |
|---|---|---|---|---|---|
| GO Markets Standard Account | 100 | 1 | None | Yes | 0.01 |
| GO Markets GO Plus+ Account | 200 | 0 | $3 per side per lot | Yes | 0.01 |
| GO Markets GO Pro Account | 3000 | 0 | $7 per lot (forex & metals), $2 per lot (commodities & indices) | Yes | 0.01 |
| GO Markets Professional Account | Varies | 0 | $3.50 AUD per side | Yes | 0.01 |
| GO Markets Corporate Account | Varies | 0 | $3.50 AUD per side | Yes | 0.01 |
What are the requirements to open a Go Markets account type?
The requirements to open a Go Markets account are listed below.
- Contact requirements: The contact requirements of Go Markets include a valid email address and a valid phone number
- Age requirements: The age requirement at Go Markets is that you must be over 18 years old to open an account
- Legal requirements: The legal requirements at Go Markets include complying with KYC laws by verifying your identity with documents such as a passport or utility bill.
- Minimum deposit requirements: Go Markets minimum deposit to activate a live trading account is $100
- Regulatory requirements: The regulatory requirements at Go Markets stipulate that you must be a resident in a country where the broker operates
- Knowledge requirements: The knowledge requirements at Go Markets include answering questions about your trading experience and financial knowledge before accessing complex financial products.
Do Go Markets account types charge inactivity fees?
Yes, GO Markets account types charge inactivity fees, but this depends on the regulatory jurisdiction. For European clients, an inactivity fee of $15 per month is applied after three months of inactivity.
GO Markets’ inactivity fees are applicable to dormant accounts under certain regulations. Clients under CySEC, for instance, are subject to these fees, while others may not be charged. The fees are typically monthly and continue until trading resumes.
GO Markets demo accounts are trial accounts with virtual money, and traders using them owe nothing to the broker. Even if a demo account is abandoned, no GO Markets fees are incurred, as these accounts are designed for practice and do not involve real funds.
To learn more, read our Go Markets review.