Go Markets has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Go Markets said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: High security standards|Segregated accounts|Easy withdrawals|Multi-device support
Cons: Account statements could be more detailed
Do not believe the bonus offer from Go Markets. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a podcast recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Automated trading options|Helpful community forum|Professional team|Comprehensive tools
Cons: Email notifications too frequent|Mobile app could be improved
Go Markets has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Multi-currency support|API access|Economic calendar
Cons: Charting tools need more indicators|Withdrawal takes 1-2 business days
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Go Markets has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
I was contacted by Go Markets through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I opened an account with Go Markets since I retired last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Regular platform improvements|Detailed reporting|Reliable uptime|Regular updates
Cons: Currency conversion fee exists|No integrated tax optimization
The only good thing about Go Markets is that they remind you why regulation matters. I found them after my brother mentioned them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: No hidden fees|Professional team
Cons: Alert system is basic|No fractional shares
Go Markets changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Regular updates|Dividend tracking
Cons: Minor UI glitches occasionally
KYC with Go Markets is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast execution|Smooth onboarding|Multi-device support
Cons: Limited ETF selection|Limited demo account features
Go Markets seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Demo account available|Automated trading options|Professional team|Competitive fees
Cons: Account statements could be more detailed|No fractional shares