Forex Traders often wish to trade with brokers that offer suitable trading conditions, affordable minimum deposits, and an easy-to-use trading platform. Sometimes they even trade with loosely regulated forex brokers for lower minimum deposits and higher leverage. Go Markets is one of the highly regulated forex brokers that offer online trading services to traders worldwide. It is regulated by FSC, ASIC, CySEC, and DMCC. etc.
If you are considering using Go Markets as your broker, you may be wondering about the minimum deposit requirements, and deposit conditions of Go Markets. In this guide, we will provide you with a comprehensive overview of Go Markets’s minimum deposit requirements, deposit process, and other important information you need to know before you start your trading journey
What is the minimum deposit for Go Markets?
The minimum deposit of Go Markets is $200.
Go Markets Overview
- Founded In: 2006
- Founder: Chris Gore
- Headquarters: Melbourne, Australia
- Minimum Deposit: $200
- Maximum Leverage: 500:1
- Regulations: FSC, Asic, CySEC, DMCC
- Trading platform: MT4, MT5, Ctrader , Webtrader ,Mobile Trading Platforms
- Account Types: Standard, Go Plus Account
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, FasaPay, Neteller, PayTrust88, Poli, Skrill, XPAY
- US Traders: Not Accept
How to Fund Your Go Markets Account: A Step-Step Guide
Step 1: Log in to Your Go Markets Account
To fund your Go Markets account, you’ll first need to create your Go Markets account or log in to your existing account. Open your preferred web browser and go to the official Go Markets website. Then visit to the login section. You will find it in the Manubar. Enter your registered username and password in the provided fields and click on the “Log In” to access your account dashboard.
Step 2: Go to the Deposit Section
Once logged in, go to the deposit section within your Go Markets account. This section is typically located in the main menu or sidebar of the platform. Look for options labeled as “Deposit,” “Funding,” or similar terms. Click on this section to proceed to the next step.
Step 3: Choose Deposit Methods
In the deposit section, you’ll find available deposit methods for funding your Go Markets account. These methods may include direct Bitcoin deposit, Bitcoin via Instacoin, wire transfer via Instacoin. Go Markets currently does not offer any other deposit methods other than Bitcoin.
Step 4: Enter Payment Details
Once you’ve selected your preferred deposit method, you’ll need to enter the relevant payment details to start the transaction. Depending on the chosen method, this could involve entering your Bitcoin wallet address for direct Bitcoin deposits, following instructions provided by Instacoin for Bitcoin transactions, or providing bank details for wire transfers via Instacoin. Ensure that you accurately enter all required information to prevent any delays or errors in the funding process.
Step 5: Complete Process
After entering the necessary payment details, carefully review the information to ensure accuracy. Once satisfied, proceed to complete the deposit process by following the instructions provided on the platform. This may involve confirming the transaction, verifying any security measures, and completing the deposit. Upon successful completion, the funds should be credited to your Go Markets trading account which allows you to start trading on the platform.
How to Withdraw Funds from Go Markets
To withdraw funds from Go Markets, follow these steps:
- Log in to your Go Markets account.
- Go to the “Withdraw Funds” or “Withdrawal” section.
- Select your preferred withdrawal method (e.g., Bitcoin, wire transfer).
- Enter the amount you wish to withdraw.
- Follow any additional on-screen instructions for your chosen withdrawal method.
- Confirm the withdrawal request.
- Wait for the withdrawal to be processed by Go Markets.
Frequently Asked Questions (FAQs)
What is Go Markets?
Established in 2006, GO Markets is an experienced and regulated Australian broker. It gives traders access to trade more than 1,000 forex and CFDs on its MT4, MT5 and cTrader platforms. The broker’s GO Plus+ account comes with raw spreads and low commissions which is great for pro traders. Autochartist, Trading Central, free VPS, MetaTrader Genesis, market news, and analysis are provided.
What is the Maximum Deposit of Go Markets?
Go Markets does not have a maximum deposit limit. You may deposit as much as you want. However, your deposit methods might have transaction limits. For example, Paypal, Neteller, and Skrill have a max deposit limit of 50,000 of your base currency (USD, GBP, EUR)
What currency can I deposit into Go Markets?
Go Markets accepts multiple base currencies, including AUD, EUR, GPP, USD, SGD, CHF, CAD, HKD. If your country’s base currency is not listed, you can convert and deposit funds in your preferred currency.
What is the maximum leverage of Go Markets?
The Maximum Leverage of Go Markets is 500:1. It means that you can trade up to 500 times the equivalent amount of base currency you have in your account.
How much does it cost to deposit in Go Markets?
Go Markets does not charge any fees for deposits made via any method. However, your card issuer or payment provider may or may not impose a small fee. If you convert your currency and make a deposit, conversion charges might be applicable
What is the Minimum trade size of Go Markets?
The Minimum trade size of Go Markets is 0.01. It is worth mentioning that a lot is a standard contract size in the currency market. It equals 100 000 units of a base currency, so 0.01 lots account for 1000 units of the base currency
What is the Maximum Trade size of Go Markets?
There is no maximum lot size limitation, except available liquidity, marginal requirements, and maximum instrument exposure.
How long does it take to deposit on Go Markets?
Go Markets deposits are usually instant. The broker accepts multiple deposit methods. However, the deposit turnaround time (TAT) may vary depending on the chosen payment methods.
- Visa debit/credit card: Immediate
- Mastercard debit/credit card: Immediate
- PayPal: Immediate
- Domestic bank transfer: Same day
- International Bank Transfer: 1-5 working days
Go Markets does not accept payments from third parties. The payment account holder must match the account holder’s name. For joint accounts, the Go Markets account must be opened in the name of any one of the joint account holders.
What trading platform does Go Markets use?
Go Markets uses MT4, MT5, and WebTrader trading platforms.
Final Verdict :
The minimum deposit at Go Markets is $200. This amount is high for traders, especially for beginners. Many beginners may be discouraged from trading with the broker due to this high minimum deposit. However, if you consider the broker’s regulations, reputation, and services, this minimum deposit might be worth it. If you are still looking to trade with a broker that has a lower minimum deposit, you may consider Go Markets, XM, Exness, etc
