Go Markets Pty Limited is a forex broker registered with an official website domain on February 11, 2024, primarily offering investors financial derivative trading services in forex, stocks, futures, energy, precious metals, cryptocurrencies, and more, with its corporate headquarters address unknown. This broker does not provide services to jurisdictions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
Official information from Go Markets Pty Limited's website indicates that its headquarters are in London. Its subsidiaries are regulated by the US Financial Crimes Enforcement Network (FinCEN) as an MSB and are registered with the US NFA, subject to its inspection and supervision. Additionally, the broker is authorized and regulated by the UK's Financial Conduct Authority (FCA), with a license number of 146311.
Upon verification, neither the National Futures Association (NFA) nor the Financial Crimes Enforcement Network (FinCEN) of the US has any registered entity named Go Markets Pty Limited. Furthermore, the FCA's official website shows that the entity registered under the license number 146311 is AMT Futures Limited, whose official website is www.amtfutures.co.uk, unrelated to Go Markets Pty Limited.
Moreover, the website design and content of this broker are identical to those of brokerages such as CPT Limited, Unisnfx, XCY Global Ltd, BCC markets limited, Texttforex, GYG INVESTMENT LTD, and Maxtra Financial Limited.
Account Opening:
To open an account with Go Markets Pty Limited, visit the broker's official website, click "Register" on the homepage or the top right corner of the page, enter personal information such as name and email address, set a login password and submit. After submitting the application, the account can be successfully registered.
Trading Account Information:
The official website of Go Markets Pty Limited only discloses information about spreads, trading leverage, margin call/stop-out levels, and contract sizes, while details such as account types, trading commissions, minimum/maximum trading volume, maximum positions/orders quantity, and minimum price precision are not provided.
- Spread: Variable, starting from 1 point
- Trading Leverage: 1:100—1:500
- Margin Call/Stop-Out Levels: 100%/50%
- Contract Size: 1 lot = 100,000 currency units
Trading Platform:
Go Markets Pty Limited's official website claims to offer the MT5 trading platform, but there is no download link provided on its website, and the MT5 trading platform does not list this broker.
Deposits and Withdrawals:
Go Markets Pty Limited does not clearly disclose the supported deposit and withdrawal methods, fees, and minimum deposit and withdrawal amounts on its website.
Summary:
Traderknows reminds investors that Go Markets Pty Limited is a forex scam website with opaque registration and regulatory information, suspected of false advertising. It can only be contacted via email with extremely limited contact information. The website design and content are identical to those of brokerage websites such as CPT Limited, Unisnfx, XCY Global Ltd, BCC Markets Limited, Texttforex, Maxtra Financial Limited, GYG INVESTMENT LTD, indicating potential fraudulent behavior. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Go Markets Pty Limited is currently marked as "suspected of fraud" on Traderknows.
