Forex

Trade 50+ Forex Pairs with GO Markets

Trade the world’s largest and most liquid market with your GO Markets trading account.

GO Markets is a leading global MetaTrader 4 Forex broker that provides a world class Forex market experience, helping new and skilled traders alike develop Forex trading strategies to improve their trading outcome.

With full access to the most popular Forex trading platform MetaTrader 4, analyse financial markets, access mobile trading, trading signals, Expert Advisors (EAs), with the ability to execute flexible contract sizes. Expect quick and efficient execution of your orders, with over 50+ Forex pairs available and utilise leverage up to 30:1*.

With our commission free Standard account, account holders get access to micro, mini and standard FX contract sizes. Our Plus account is designed for more active traders looking to access to institutional grade spreads and a transparent commission-based pricing structure.

We also offer Forex trading practice account on MetaTrader 4 Platform. Trial a Forex trading practice account and test your trading strategies.

Trading Forex with GO Markets

Experience the benefits of trading forex on the GO Markets MT4 platform:

  • Access to EAs and smart tools
  • 50+ Currency Pairs
  • Tight and competitive spreads
  • Flexible leverage
  • 24/5 hour trading
  • Commission-free, low-cost dealing

At GO Markets, we offer different leverage based on our clients’ preference and trading ability.
Please refer to the available leverages based on the account types.

Available Leverage Product
30:1 Major currency pairs
20:1 Non-major currency pairs, gold and major equity indices
10:1 Commodities other than gold and non-major equity indices
5:1 Individual equities and any underlying assets not otherwise mentioned

Margin Requirements

Margin Requirement is an initial deposit required to maintain open trading positions. A portion of your trading account funds will be set aside as a margin deposit and this will be dependent on your leverage setting.
To help you understand how margin requirement in forex trading works, we have prepared two examples below:

Example 1

Margin requirement for one standard contract position in EUR/USD at 1.15000 with a leverage of 1:30 is calculated as follows:
Margin = (1 * 100,000 * $1.1500) / (30) = $3,833.33

Example 2

Margin requirement for one standard contract position in EUR/JPY at 122.760 with a leverage of 1:30 is calculated as follows:
Margin = (1 * 100,000 * $122.760) / (30) = JPY$409,200

Assuming your MT4 account is denominated in USD, we will need to convert the margin requirement into USD:
Assuming the rate for USD/JPY is 109.725
Margin = $122.760 / 109.725 = $1118.79

Margin Call

It is important for traders to understand the meaning of Margin Call before they trade. Margin Call is a measure set by brokers to alert traders prior to their account funds falling below the Margin Requirement. This prevents liquidation of open positions due to insufficient Margin Requirement.

At GO Markets, Margin Call is set at 80%, therefore, if your Equity (Balance – Open Positions Profit/Loss) falls below 80% of the margin required to maintain your positions, a notification within MT4 will alert you to make an additional deposit to maintain your open positions.

Stop Out Levels

After Margin Call, you should understand the meaning of Stop Out Levels. If you are unable to maintain sufficient funds in your account after hitting the Margin Call level, and your account funds depreciates to the Stop Out level, your positions will be closed automatically to prevent further losses which might put you into negative.

At GO Markets, Stop Out level is set at 50%.

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With full access to the most popular Forex trading platform MetaTrader 4, analyse financial markets, access mobile trading, trading signals, Expert Advisors (EAs), with the ability to execute flexible contract sizes. Expect quick and efficient execution of your orders, with over 50+ Forex pairs available and utilise leverage up to 30:1.

How to Trade Forex

Ready to trade and experience the world’s largest and most liquid market? You can get started in 3 simple steps