Since its launch several years ago, GO Markets has quickly become a hot topic. The broker’s name frequently appears on social media and forums, but not always in a positive light. The company has been called a scam and exposed. Reviews allege criminal activity and theft of funds. In this article, we’ll examine several comments and determine the project’s true qualities.
General information about the company
GO Markets’ official website states that the project was founded in 2006. Currently, it describes itself as a regulated and award-winning CFD provider. The firm offers a wide range of services and allows its clients to trade on cutting-edge platforms. Newcomers are invited to open a live account or test their skills in demo mode.
In the “About Us” section, the company strives to highlight its competitive advantages. The brand’s employees claim that their system offers over 1,000 investment assets, including popular currency pairs and rare high-yield stocks. GO Markets is allegedly licensed by the Australian Commission, and therefore has the legal right to conduct trading. It publicizes favorable trading conditions, tight spreads, and minimal commissions.
It’s worth noting that the official GO Markets website is extremely poorly designed. The “About Us” page is repetitive, creating the impression that the project’s administration hasn’t put any thought into properly designing their website. The website hasn’t been verified by anyone and was put together hastily. Such a negligent attitude toward their product clearly marks them as a fraudulent project. Like most scams, our hero today provides no documentation and operates through a blank, templated website.
GO Markets Tools and Platforms
Registered traders receive a standard set of terminals. These software developments are indeed widely known, but they are often used as cover for fraudulent projects. GO Markets is a common scam that lacks certificates for legitimate software use. Therefore, it supplies its traders with counterfeit, low-quality terminals. The company’s website boasts of a highly functional MetaTrader, mobile, and web platforms. This information should be disregarded, as the project has a poor reputation and is a scam.
GO Markets promises premium tools to potential clients:
- A VPS is a virtual private server that provides quick access to the necessary markets. Clients can optimize their workflow with automated systems. They will benefit from enhanced functionality of their chosen platform and a user-friendly remote work program. Thanks to a virtual server, you will trade with the best quotes in the industry.
- Genesis MetaTrader is a comprehensive set of trading tools, including indicators and expert advisors. These add-ons allow you to manage risks and promptly identify new profit opportunities. Unique features can be applied to live accounts in just a few clicks. Traders will receive up-to-date alerts and advanced analytics from specialists.
The instruments presented may seem quite attractive to a beginner. GO Markets is actively attracting new investors, but one should not jump to conclusions. Traders should remember that the global market offers vast opportunities, but also carries high risks. Always check the project’s licenses before depositing funds.
Reviews of trading with the company
The brokerage firm GO Markets doesn’t provide quality training. The official website boasts of webinars and full-fledged courses, but these are all empty words. The company simply publishes false information to attract newcomers. Registering with the brokerage system doesn’t provide any benefits.
The company does everything it can to undermine its investors. It constantly cuts profits. Market players are forced to endure difficulties and misunderstandings. Technical support lacks specialized skills and is unable to provide adequate assistance. Fraudsters steal starting capital.
A pseudo-brokerage project doesn’t allow a person to withdraw their earnings. A market player tried to get their money back, but for three months, they faced endless checks and delays. Support is silent or just lies. Apparently, the invested funds were irretrievably lost.
Who is GO Markets really?
This brokerage firm is completely untrustworthy. GO Markets is a typical scam company that publishes standard claims of international recognition. In reality, it’s a scam designed to extort money from newcomers. Potential investors are lured with beautiful stories of large profits, but after a while, everything falls into place. The fraudulent project often ignores inquiries, and its consultants lack specialized knowledge. They are solely focused on robbing investors of their last savings.
