Go markets cfd trading

Go markets cfd trading

Posted: propilz Date: 02.07.2017

The Go Markets review found the following weaknesses when forex trading including their:. MT4 popularity is due to the easy to use interface combined with the ability to use Expert Advisors EAs to automate trade.

GO Markets: First Choice For Forex

The forex trading platform is light with only a light download required and with a Mobile app across multiple platforms including Apple and Android. These are advanced additions for MT4 that can be applied when forex trading or Commodity and Indices trading.

Some key features include:. This means that GO Markets is only ideal for those looking for only MT4 and are not concerned with slippage in volatile markets. GO Markets is known as having competitive spreads for forex brokers in Australia. This makes the company one of the best choices for traders who are particularly interested in low fees.

There are two account options. The standard account is for beginner traders with only spreads charged on trades but no commissions. The second is the Pro account which has lower spreads but with set commissions based on the side of the trades. The commission level is standard across similar pro accounts of competitors but the spreads are higher than some other forex brokers.

The following fee snapshot below was taken in January It looks at Pro Accounts for Australian forex traders with commissions been in addition to the spreads shown in the table.

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Commissions are relatively similar across all the accounts. GO Markets has competitive spreads but not the lower. If fees are not a major factor in making your forex broker choice, then GO markets spreads should be good enough to meet your needs though. The forex broker offers mobile trading so that clients can maximise their trading and time. The MT4 account is accessible both on Android and iPhone mobile handsets. Clients can view open positions, pricing and execution including placing buy and sell orders, profit and loss of trades among others in the real time.

The mobile trading platforms also enable clients to get the latest developments in financial markets irrespective of location, time or date.

This way, clients are able to manage their forex trading accounts on the GO. Additionally, the mobile trading platforms are easy to use, have simple user interfaces and simulate the desktop trading experience.

Therefore, clients are not bound in their trading to NFA restrictions. Those trading with the broker benefit from unrestricted trading, hedging and utilisation of pending orders such as stop loss orders. Our GO Markets review found the the forex trading Australia provider offers outstanding personalised customer service. Their traders receive personal accounts managers who provide training and assistance through the MetaTrader 4 Platform.

The company also processes withdrawals, funding and account applications fast. In the current volatile currency market, latency or delays can have a mega impact on trading.

Therefore, the trading platform you use and its environment are important in terms of time to market. As banks and markets move faster, it is vital that you trade on the most recent, accurate data and that trades execute quickly and reliably.

Working using data that is even a couple of seconds old significantly increases your risk.

With this in mind, GO Markets has addressed this issue in the following 3 ways:. Latency refers to the speed at which different trades are executed.

Trades can be executed faster when the latency is low.

Trade the financial markets using CFDs - CMC Markets Next Generation

This also lowers the chance of negative spillage and raises the trading accuracy. GO uses upgraded technology because server up-time is critical in forex trading.

The technology is designed to provide low redundancy levels, minimal downtime and the peace of mind clients need while trading.

At the moment, this data is stored in Equinix NY4 and Equinix LD4 data centres, the premier global FX liquidity hubs. These two centres are:. Our GO Markets review shows the fx broker has competitive spreads but not the lowest as you can view on our our forex trading Australia comparison table.

Indices Trading via MT4 Using CFDs | Go Markets

If on the other hands only fees and spreads are your focus you should look at each forex broker on out comparison tables to find one that better suits your needs. Therefore all recommendations send Australian forex trading users to the providers website so they can get the most up to date information. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

go markets cfd trading
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