GO Markets Rebates
|
|
| Standard | Plus+ | |
| FX | 0.3 Pips/Round Turn Lot | 15% Of Commissions |
| Metals | 0.3 Pips/Round Turn Lot | 15% Of Commissions |
| Oil | 0.15 Pips/Roung Turn Lot | 0.15 Pips/Roung Turn Lot |
| Indices | 0.075 Pips/Roung Turn Lot | 0.075 Pips/Roung Turn Lot |
What is GO Markets Cashback?
Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by GO Markets.
Important to note that each broker has different cashback rates for account types and instruments.
For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration).
PAYBACKFX provides real-time reports of each of your cashback (when possible) so you can be rest assured that each and every rebate you should receive is paid to your account.
GO Markets forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change.
How GO Markets cashback works?
When we refer you to GO Markets to open a new trading account or link an existing trading account under our referrer (when possible), GO Markets pays us a commission which is mostly paid back to you in the form of cashback.
How much GO Markets cashback can I earn?
GO Markets cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our GO Markets cashback calculator to estimate the monthly or yearly cashback
GO Markets cashback calculator
How GO Markets cashback is paid?
Your GO Markets cashback is reported in real-time in your dashboard and the cashback is usually released a few days after the end of the month which is when we collect your cashback from GO Markets..
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best GO Markets cashback?
PAYBACKFX provides you the best GO Markets cashback service, starting from the cashback level and down to customer service. In case of any issues arise, we are always here to help and can even step in and help with any issues you may have with GO Markets.
| Broker Name | GO Markets |
| Broker type | Market Maker |
| Country | Australia |
| Operating since year | 2006 |
| Number of employees | 100 |
| International offices |
|
| Regulation | CySEC (Cyprus), ASIC (Australia), FSC (Mauritius), FSA (Seychelles) |
| Address | Level 11 447, Collins Street Melbourne VIC 3000 Australia. |
| Broker status |
Broker |
| Accepting US clients? | No |
| Account currency | USD, GBP, EUR, CHF, NZD, CAD, SGD, HKD, AUD |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Neteller, Skrill, FasaPay, BPay, POLi |
| Swap free accounts |
No
|
| Segregated accounts |
Yes
|
| Interest on margin |
No
|
| Managed accounts |
No
|
| Accounts for money managers (MAM, PAMM) |
Yes
|
| Phone | +61 3 8566 7680 |
| Fax | |
| [email protected] | |
| Languages | English, Spanish, French, German, Portuguese, Mandarin, Chinese, Polish, Indonesian, Malay, Thai, Arabic, Vietnamese, Urdu, Malay, Hindi |
| Availability | Phone, Chat, Email |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Web Platform, Mobile Platform, MT4 (via bridge), AutoTrade |
| Trading platform(s) timezone | (GMT +3:00) Baghdad, Riyadh, Kaliningrad |
| Demo Account | Yes Demo account is expiring in 30 Days |
| Mobile trading |
Yes
|
| Web based trading |
Yes
|
| API |
Yes
|
| OCO orders |
Yes
Not supported on MT4/MT5 |
| Trading over the phone |
Yes
Yes, in case of emergency |
| Hedging allowed |
Yes
ASIC entity requires margin at both leg of transactions |
| Trailing stops |
Yes
|
| One click trading |
Yes
|
| Contests |
Yes
Other than ASIC entity |
| Other trading instruments | Commodities, Cryptocurrency, Precious Metals, Share CFDs |
| Minimum deposit($) |
200.0
|
| Maximal leverage(1:?) | 500 |
| Minimum lot Size |
0.01
|
| Maximum lot Size |
100.0
|
| Commission |
3.0
Plus+ Accounts (per side per standard contract) |
| Spread | Variable |
| Decimals | 5 decimals |
| Scalping allowed |
Yes
|
|
GO Markets was established in Australia in 2006 as a provider of online CFD trading services.
Our client’s trading journey is very important to us, and as such we are always committed in refining our technology, tailored services and client education. For over 15 years, as the industry and clients’ expectations keep evolving, we have positioned ourselves firmly as a trusted and leading Australian regulated broker. GO Markets currently offers a spread-based and a commission-based trading account. We have more than 600 tradeable CFD instruments including Forex, Shares, Indices Cryptocurrencies and Commodities. Widely recognised as the first MT4 broker in Australia, we have since added MT5, mobile trading and a web-based platform to our suite of trading platforms. |
