Our team of trading experts presents a detailed GO Markets review, covering key aspects such as available bonuses, the MetaTrader 4 (MT4) platform, forex trading features, deposit and withdrawal methods, and account types. This review allows you to compare GO Markets with other leading forex brokers and determine if it offers the tools and benefits you’re looking for. Don’t forget to leave your rating after exploring the complete review.
Previously, GO Markets UK operated under a licensing agreement with GO IP Pty Ltd in Australia. In the UK, forex brokers are regulated by the Financial Conduct Authority (FCA), which enforces strict regulatory requirements. These include minimum capital thresholds and the safeguarding of client funds. As per FCA rules, client funds must be held in segregated accounts—separate from the company’s own funds. GO Markets UK states that all client funds are securely held at Barclays Bank PLC in the UK.
Account Types
Our trading experts found that GO Markets UK offers two main account types—STP and ECN (GO Pure)—both accessible via the widely used MetaTrader 4 platform.
The GO Pure (ECN) account is designed for more experienced traders, offering tighter spreads and direct market access. However, it does come with a commission of $7.50 per standard lot and requires a higher initial deposit compared to the STP account.
GO Markets UK features variable spreads, which differ based on the account type. For the GO Pure account, the effective transaction cost—including spreads and commission—averages around 1.2 pips on major pairs, which is in line with industry standards.
Demo Account
GO Markets provides access to a demo account upon request, available on both the MT4 and MT5 platforms. Each demo account comes pre-loaded with $50,000 in virtual funds, allowing new users to explore the platform and test trading strategies without risking real capital.
The demo environment mirrors the live platform, offering real-time price feeds and full functionality—including the ability to experiment with features like Expert Advisors (EAs). This makes it an ideal tool for both beginners learning the basics and experienced traders refining their strategies.
Using the demo account is highly recommended before transitioning to live trading. It helps you gain confidence, understand the platform’s interface, and become familiar with trading tools—ensuring you’re well-prepared when real money is on the line.
