Is Gomarkets a Scam?

Read our independent forensic review, regulatory background, domain footprint, and risk assessment.

Forensic Verdict & Findings

SCAM ALERT: Watch out for a clone entity that operates with many fake domains to mimic Go Markets((gomarkets.com). In particular, these are the scam domains: gomanarkets.com, gomanarkets.co, gomanarket.com, gomanmarket.com, and similar domains. Go Markets is an established provider in the Australian retail derivatives market, with a history dating back to 2006. The primary corporate entity, GO Markets Pty Ltd, is authorized and regulated by ASIC under AFSL number 332890. The broker has expanded its regulatory footprint globally through GO Markets London Limited, which is authorized by the UK FCA (No. 803200), and GO Markets Ltd, regulated by CySEC under license number 322/17. This extensive regulatory structure makes Go Markets a highly compliant option for retail capital. Forensic tracking of user feedback on Trustpilot and Reddit shows that Go Markets is well-regarded for its stable execution and lack of hidden account fees. The primary criticisms come from retail traders using their standard, commission-free accounts, where spreads can widen noticeably during low-liquidity periods like the daily market close. Advanced traders recommend using their Plus accounts to access raw institutional feeds directly. Withdrawal operations run smoothly, and the broker complies with standard regulatory rules regarding capital reserves and deposit segregation.