GO Markets Cashback Rebates

Overall, GO Markets offers a forex cashback on all GO Markets accounts up to $15 per million USD traded in Forex and metals. Furthermore, according to GO Markets, traders could earn up to $10 on their commodities trades per million notional volumes traded (USD).

GO Markets Cashback Rebates – 37 Key Point Quick Overview

1. ☑️ GO Markets Rebates Summary
2. ☑️ How to Open a Forex Cashback Account with GO Markets (via SAShares)
3. ☑️ Understanding Forex Trading Rebates and How They Work with GO Markets
4. ☑️ The Benefits of Forex Trading Rebates with GO Markets
5. ☑️ Key Factors to Consider When Evaluating GO Markets’ Forex Trading Rebate Program
6. ☑️ Number of Traders Participating in GO Markets Cashback Rebates and Real-Life Examples
7. ☑️ GO Markets’ Forex Trading Rebates Empowering Retail Traders for Success
8. ☑️ Popularity among traders who choose GO Markets
9. ☑️ Detailed Summary of GO Markets
10. ☑️ Geolocation of Traders
11. ☑️ Advantages that GO Markets has over Competitors
12. ☑️ Who will Benefit from Trading with GO Markets?
13. ☑️ How to Maximize Your Savings with Forex Trading Rebates at GO Markets
14. ☑️ GO Markets Regulation and Safety of Funds
15. ☑️ GO Markets Awards and Recognition
16. ☑️ GO Markets Account Types and Features
17. ☑️ How to open an Account with GO Markets
18. ☑️ GO Markets Trading Platforms
19. ☑️ Which Markets Can You Trade with GO Markets?
20. ☑️ GO Markets Trading and Non-Trading Fees
21. ☑️ Calculating Forex Trading Rebates with GO Markets
22. ☑️ GO Markets Deposits and Withdrawals
23. ☑️ GO Markets Education and Research
24. ☑️ How to open an Affiliate Account with GO Markets
25. ☑️ Legal and Tax Implications – Understanding Forex Trading Rebates with GO Markets
26. ☑️ Risks and Limitations of Forex Trading Rebates at GO Markets
27. ☑️ Strategies to Maximize Rebates with GO Markets
28. ☑️ GO Markets Customer Support
29. ☑️ GO Markets Alternatives
30. ☑️ GO Markets VPS Review
31. ☑️ GO Markets Web Traffic Report
32. ☑️ GO Markets vs. Other Notable Brokers
33. ☑️ GO Markets Pros and Cons
34. ☑️ GO Markets Customer Reviews
35. ☑️ Recommendation for Improving GO Markets Cashback Rebates
36. ☑️ Our Verdict on GO Markets
37. ☑️ GO Markets Frequently Asked Questions

GO Markets Rebates Summary

• ✅ GO Markets has an Overall Rating of 4.6 / 5
• ✅ GO Markets has a Real Customer Rating of 4.6 / 5

GO Markets Conditions

• ✅ Traders residing in China are not eligible for rebates.

GO Markets Additional Notes on Cashback Rebates

• ✅ To qualify for Forex and Metals refunds, your monthly CFD trading volume must be at least $25M.
• ✅ To receive a redeemable rebate, trade a specified minimum amount of one asset class each calendar month.

Traders who register via the GO Markets Saint Vincent and Grenadines entity are eligible for SVG Accounts that can earn rebates on Forex and Metals.

How to Open a Forex Cashback Account with GO Markets (via SAShares)

You can follow these steps to register for a Forex Cashback Account with GO Markets via SAShares.

For New Accounts

If you do not have an existing account with GO Markets, you can easily obtain a cashback rebate in three simple steps.

✅ Step 1:  Visit the GO Markets Website

Visit the GO Markets website and click “Open New Account.”

✅ Step 2: Submit a Trading ID

Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New GO Markets Rebate Application

“Dear SAShares Team,

Please view my GO Markets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

✅ Step 3: Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the GO Markets system.

For Existing Accounts

If you have an existing GO Markets account, you can get a cashback rebate by following these simple steps.

✅ Step 1:  Send an email to GO Markets: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

For Example:

To: [SAShares]

Subject: Account Transfer Request

“Dear GO Markets Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

✅ Step 2: Create an Additional Account

Once you receive confirmation of the transfer from GO Markets, you can create an additional trading account.

✅ Step 3:  Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

For Example:

To: [SAShares]

Subject: New GO Markets Rebate Application

“Dear SAShares Team,

Please view my GO Markets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

Understanding Forex Trading Rebates and How They Work with GO Markets

Financial incentives known as Forex trading rebates are provided to high-volume traders to lower their overall trading costs. Such rebates act like cashback on the trader’s activity.

GO Markets offers an organized system for rewarding its traders based on their monthly volume of trades across different asset classes, including Metals and Forex, Indices, and Commodities.

✅ Qualification Criteria

To be eligible for Forex trading rebates with GO Markets, traders must meet certain volume requirements. For example, a trader in the Forex & Metals asset class must achieve a minimum monthly CFD trading volume of US$25 million.

When a trader reaches this threshold, they are eligible for rebates ranging from $5.00 to $15.00 per million dollars of notional volume traded, depending on their tier.

✅ Tiered Structure

GO Markets employs a tiered structure to determine the rebate amount. The tiers are as follows:

• ✅ Tier 1: Traders with a monthly notional traded volume between $25M and $100M earn a rebate of $5.00 per million.
• ✅ Tier 2: Those trading between $100M and $200M earn $7.50 per million.
• ✅ Tier 3: Volumes between $200M and $400M fetch a $10.00 per million rebate.
• ✅ Tier 4: Any trading volume above $400M earns the highest rebate of $15.00 per million.

✅ Cross-Asset Eligibility

One of the unique aspects of GO Markets’ rebate program is that qualifying in one asset class entitles you to rebates in other asset classes as well.

If you meet the minimum monthly volume requirement in Forex and Metals, you will also be eligible for rebates on Indices and Commodities from your first trade in those asset classes.

✅ Payment and Claim Process

Rebates are credited to the trader’s account within the first week of the following calendar month. To claim these rebates, traders must first register by emailing GO Markets.

✅ Terms and Conditions

It is critical to note that these rebates are subject to certain terms and conditions. For example, rebates are unavailable to clients affiliated with any Introducing Broker (IB) or Affiliate group. They are also subject to GO Markets’ discretion and may be canceled at any time.

When do GO Markets credit forex trading rebates?

Rebates are credited to your trading account within the first week of the calendar month following.

How can I claim my Forex trading rebates from GO Markets?

To register and claim your rebates, send an email to [email protected].

The Benefits of Forex Trading Rebates with GO Markets

The Benefits of Forex Trading Rebates with GO Markets include:

• ✅ Traders can contact customer service 24 hours a day, seven days a week.
• ✅ GO Markets provides demo accounts for traders to practice and develop trading strategies without risking their money.
• ✅ GO Markets operates in a regulated environment, providing traders with a safe and dependable trading experience.
• ✅ Rebates effectively reduce trading costs by providing a form of cashback on high-volume trades.
• ✅ The rebate program is designed to encourage more trading activity.
• ✅ The tiered structure allows traders to earn higher rebates as their trading volume increases, allowing them to maximize their returns.
• ✅ Earning rebates in one asset class makes you eligible for rebates in other asset classes, giving you more opportunities to earn.
• ✅ Rebates are automatically credited to the trader’s account, simplifying the claim procedure.
• ✅ Market analysis and insights are provided regularly to assist traders in making informed decisions.
• ✅ Rebates are paid monthly, providing active traders with a consistent additional income stream.
• ✅ The platform employs high-level security measures to protect traders’ data and funds.

and much, MUCH more!

How do Forex trading rebates enhance the trading experience at GO Markets?

Rebates increase the financial incentive to trade, making the trading experience more rewarding.

Is there a cap on how much I can earn in Forex trading rebates at GO Markets?

No, GO Markets has no cap; your trading volume determines your earnings.

Key Factors to Consider When Evaluating GO Markets’ Forex Trading Rebate Program

When considering GO Markets’ Forex trading rebate program, several key factors should be considered to make an informed decision. These factors aid in understanding the program’s structure and determining its suitability for your trading needs.

✅ Platform Features and Payment Schedule

Examine GO Markets’ trading conditions and features, such as leverage alternatives, trading software, and client support. Confirm that they cater to your trading prerequisites while elevating your overall satisfaction.  As rebates will be distributed in the first week of the following month, make sure your financial goals align with the payment schedule.

✅ Eligibility Criteria and Asset Class Coverage

Understanding the eligibility requirements is critical. Ascertain that you meet the minimum trading volume requirements for the asset class. The minimum monthly CFD trading volume for Forex & Metals is US$25 million.  The program covers various asset classes, such as Forex, metals, indices, and commodities. Examine whether the asset classes in which you trade are covered, as well as the specific rebate rates for each.

✅ Cross-Asset Benefits + Terms and Conditions

One of the distinctive aspects of GO Markets’ rebate program is that qualifying in one asset class entitles you to rebates in others. Think about how this cross-asset eligibility could help your trading strategy.  Always carefully read the terms and conditions. Take note of any limitations, such as the program’s inaccessibility to those affiliated with Introducing Brokers (IB) or Affiliate groups. Also, GO Markets reserves the right to terminate the rebate program at any time.

✅ Compatibility with Trading Strategy

Think about how the rebate program aligns with your trading strategy overall. If you’re someone who trades in large volumes, you may reap substantial financial gains from the tiered system offered by this program.

✅ Additional Costs and Tiered Structure

While rebates can help offset trading costs, be aware of any additional costs or fees that may apply, such as spreads or overnight fees, which could reduce your net rebate earnings.  The rebate structure at GO Markets is tiered and based on trading volume. Determine which tier you will fall into and the corresponding rebate per million notional volume traded. This will assist you in calculating potential earnings.

✅ Claim Process

Recognize the procedure for claiming your rebates. You must register with GO Markets by emailing the broker. Ascertain that you are at ease with this procedure.

How transparent is GO Markets in its Forex trading rebate calculations?

GO Markets makes rebate calculations transparent by providing a detailed tier-based structure.

Is there a deadline for claiming Forex trading rebates at GO Markets?

Yes, rebates are automatically credited within the first week of the following calendar month.

Number of Traders Participating in GO Markets Cashback Rebates and Real-Life Examples

We might not know how many people actively participate in the GO Markets rebates program, but we can provide some examples of how the program works.

✅ Example 1: New to Forex Trading

Ben is new to Forex trading and begins with a small trade volume. He managed to reach a total trading volume of $30 million in Forex & Metals by the end of the month.

He falls into Tier 1 of GO Markets’ tiered structure and receives a $5 rebate per million traded. His monthly rebate would be $150 (30 x $5).

✅ Example 2: Diversified Portfolio

Surita is a Forex and Commodity trader. She trades $50 million in Forex and $10 million in commodities monthly.

She is in Tier 2 for Forex, earning a $7.50 rebate per million, and Tier 2 for Commodities, earning a $6 rebate per million. Her total rebate for Forex is $375 (50 x $7.50), and her total rebate for Commodities is $60 (10 x $6), for a total of $435.

✅ Example 3: High-Volume Trader

Hank is a high-volume trader in Forex, with a monthly trading volume of $500 million. He falls into Tier 4 and receives a $15 rebate per million traded. His monthly rebate would be a whopping $7,500 (500 x $15).

GO Markets’ Forex Trading Rebates Empowering Retail Traders for Success

• ✅ The rebate program’s financial incentives can encourage traders to be more active, gain more experience, and potentially make more profitable trades.
• ✅ The program is designed to be inclusive and empowering for individual retail traders, even if they are not affiliated with any Introducing Broker (IB) or Affiliate groups.
• ✅ Retail traders can use the rebate program as a form of financial leverage. By reinvesting a portion of their trading costs, traders can increase their trading capital without incurring additional out-of-pocket expenses.
• ✅ With a predictable and transparent rebate structure, traders can easily budget their potential earnings and costs, allowing for more effective financial planning.
• ✅ The rebates act as a buffer to help mitigate losses. For example, if a trader loses money in a particular trade, the rebates earned can help to offset some of that loss, lowering the financial impact.
• ✅ The cross-asset eligibility feature encourages traders to diversify their portfolios. A diversified portfolio is less risky and can result in more stable returns.
• ✅ Because the tiered structure rewards higher trading volumes with higher rebates, active traders’ profits per trade are effectively increased.
• ✅ Trading strategy can be influenced by knowing that higher volumes will result in higher rebates. Traders may be more inclined to use higher volume strategies, such as scalping, to maximize rebate earnings.

Popularity among traders who choose GO Markets

GO Markets is a popular and well-regulated broker that falls within the Top 100 brokers globally for retail and professional traders.

Detailed Summary of GO Markets

Geolocation of Traders

Most of GO Markets’ market share is concentrated in these areas:

• ✅ Australia – 15.62%
• ✅ Ireland – 11.64%
• ✅ New Zealand – 8.20%
• ✅ Philippines – 7.06%
• ✅ United Kingdom – 6.48%

GO Markets Current Expansion Focus

• ✅ GO Markets is currently focused on Oceania, Asia, and Europe.

Countries not accepted by GO Markets

GO Markets does not provide services to these countries:

• ❎ United States
• ❎ Canada
• ❎ New Zealand
• ❎ Belgium
• ❎ Japan
• ❎ Israel
• ❎ Turkey
• ❎ Vietnam
• ❎ Puerto Rico
• ❎ Afghanistan
• ❎ Azerbaijan
• ❎ Bosnia and Herzegovina
• ❎ Burundi

and many more! A full list will be provided on the GO Markets webpage.

Advantages that GO Markets has over Competitors

GO Markets has the following advantages over its competitors:

• ✅ Client funds are safeguarded by a compensation fund overseen by entities such as ASIC and CySEC, among others.
• ✅ GO Markets offers flexible payment options for deposits and withdrawals.
• ✅ GO Markets uses 2FA to secure trading accounts.
• ✅ Traders have access to social trading opportunities and over 600 CFD instruments.
• ✅ GO Markets offers comprehensive educational materials.

GO Markets is a rebate broker that offers lucrative rebates across several asset classes.

Who will Benefit from Trading with GO Markets?

GO Markets is an appropriate choice for traders of all experience levels, including those who may be new to trading and feel intimidated by the process.

The company’s Education Hub has received recognition for its comprehensive resources, including podcasts, introductory guides, webinars, and video tutorials on MetaTrader.  In addition, GO Markets offers support for copy trading, which can be a valuable option for novice traders who wish to trade automatically.

Advanced traders will also find value in GO Markets’ selection of advanced tools, including AutoChartist, Myfxbook, a-Quant, Genesis, and others. In addition to offering MetaTrader 4, the company also provides access to the upgraded MetaTrader 5 suite.

How to Maximize Your Savings with Forex Trading Rebates at GO Markets

• ✅ GO Markets provides demo accounts where you can practice trading strategies without risking your money. Use this to create high-volume trading strategies that will assist you in reaching higher rebate tiers.
• ✅ Use GO Markets’ unique feature where qualifying in one asset class qualifies you for other rebates. You can earn rebates on Forex, Indices, and Commodities without meeting separate criteria.
• ✅ Rather than spreading your trading volume thinly over multiple months, concentrate it in a single calendar month to move up to a higher rebate tier. Your rebate per million traded will rise as a result.
• ✅ GO Markets supports automated trading via platforms such as MetaTrader 4 and 5. Use trading bots to consistently maintain a high trading volume, ensuring you meet the criteria for maximum rebates.
• ✅ GO Markets offers competitive spreads. Combine high-volume trading with currency pairs with low spreads to maximize net savings when rebates arrive.

Can I earn more rebates by trading in higher volumes at GO Markets?

Yes, higher trading volumes put you in a higher tier, which means you get more rebates.

Can I combine Forex trading rebates with other promotions at GO Markets?

No, Forex trading rebates cannot be combined with other GO Markets promotions or bonuses.

GO Markets Regulation and Safety of Funds

GO Markets Global Regulations

How GO Markets Protects Traders and Client Funds

GO Markets prioritizes the safety and security of its clients’ funds and personal information through a comprehensive range of measures to establish a secure trading environment.

Regulatory compliance is central to GO Markets’ approach, as it adheres strictly to regulatory requirements set by reputable financial authorities for essential trader protection.

The segregation of client funds remains critical in safeguarding GO Market’s security strategy. The company holds these segregated accounts separate from its operational finances, so they are never used for other business activities or exposed during insolvency scenarios.

For data transmission, advanced encryption technologies enhance the established safeguards against unauthorized access or breaches between clients’ devices and broker servers. To further increase user safety, login processes typically feature Two-Factor Authentication (2FA) beyond standard username-password combinations.

How does GO Markets ensure the safety of client funds?

Client funds are held in segregated accounts with top-tier banks by GO Markets, ensuring their safety.

Does GO Markets provide legal documentation for trading?

Yes, GO Markets provides clients with comprehensive legal documentation to review before trading.

GO Markets Awards and Recognition

According to GO Markets’ website, the broker has received the following rewards:

• ✅ Best Forex Fintech Broker Globally – Global Forex Awards 2022.
• ✅ Most Trusted Forex Broker in Europe – Global Forex Awards 2022.
• ✅ Best Forex Trading Support in Asia – Global Forex Awards 2022.
• ✅ Best Forex Broker in Mauritius – International Business Magazine Awards 2022.

Finally, Go Markets was awarded the Most Trusted Broker in Mauritius – International Business Magazine Awards 2022.

GO Markets Account Types and Features

The Standard account is a basic account geared for novice traders. The GO Plus+ account is designed for more experienced traders and includes extra services such as a personal account manager and customized trading solutions.  The GO Plus+ account is intended for experienced traders and provides even more sophisticated capabilities, such as smaller spreads and access to a greater variety of financial products.

GO Markets Standard Account

GO Markets provides a basic account with spread-based and commission-free trading. Due to the use of variable spreads by GO Markets, the spreads on this account are wider, beginning at 1.0 pips, and aggregated from multiple liquidity sources.

The minimum initial deposit for this account is AU$ 200, which is significantly higher than the minimum deposit for other brokerage accounts.

This account is better suited to traders who do not rely on tight spreads and keep positions open for extended periods. The GO Plus+ Account, on the other hand, is not as beneficial for these traders.

GO Markets GO+ Account

The GO Markets Plus account is a highly competitive option with raw spreads beginning at 0 pips and a round-turn fee of $6 per lot.

The minimum initial deposit required to open this account is AU$ 200. This account is ideal for traders whose strategies involve narrow spreads, such as scalpers, day traders, high-frequency traders, and algorithmic traders, because it provides tight spreads and fast execution speeds.

Moreover, if you fall into one of these categories and require tight spreads, the GO Markets Plus account is preferable to the Standard Account.

GO Markets Demo Account

GO Markets is a forex and CFD broker that allows traders to experience a real trading environment with virtual funds via a demo account. The demo account is free and can be quickly and easily opened on the GO Markets website.

The demo account grants traders access to the same trading platform and tools as the live account, allowing them to test the broker’s services and practice trading strategies without risking real money. This especially benefits novice traders who wish to gain experience before investing in real funds.

Using the demo account, traders can trade Forex and other CFDs, including indices, commodities, and cryptocurrencies. The demo account also enables traders to test the broker’s trading conditions, including spreads, commissions, and execution speed.

Before investing real money, GO Markets’ demo account is a valuable tool for traders who wish to gain experience and evaluate the broker’s services. Demo accounts are free, simple to open, and provide access to the same trading platform and tools as live accounts.

The demo account allows traders to practice trading strategies, evaluate the broker’s services, and gain experience without risking real money.

GO Markets Islamic Account

GO Markets offers Shariah-compliant traders a Swap-free account, also known as an Islamic account. The account is designed for traders who cannot receive or pay swaps, allowing them to engage in commerce without violating their religious beliefs.

It is accessible to all retail traders, novices, professionals, and high-volume investors.

The absence of interest is a key feature of the GO Markets Islamic account. Since Sharia law prohibits the accumulation of interest, Islamic account holders neither pay nor receive interest. Transactions in accounts based on Islamic finance must occur immediately, with currencies transferred from one account to another and transaction fees paid simultaneously.

In addition, traders of all backgrounds can access the GO Markets Islamic account. It caters to those who wish to trade without violating their religious beliefs and is ideal for those who cannot receive or pay swaps.

This account also called a Swap-free account, can be used to trade various financial instruments, including Forex, Cryptocurrency, Indices, and Commodity CFDs.

How to open an Account with GO Markets

To register a live trading account with GO Markets, you can follow these steps:

• ✅ Visit the website for GO Markets.
• ✅ Fill out the registration form with your personal information. Additionally, you must choose your account type, trading platform, and currency.
• ✅ Depending on your location, you may be required to complete a trading knowledge survey as part of the registration process.
• ✅ GO Markets will verify your identity quickly, typically within minutes.

After verifying your account, you can fund it by making an initial deposit that meets the minimum deposit requirement of GO Markets.

Do all account types at GO Markets qualify for Forex trading rebates?

Yes, Forex trading rebates based on trading volume are available for all account types.

Is there a minimum deposit requirement for GO Markets accounts?

Yes, depending on the account type, the minimum deposit starts at $200 for a Standard account.

GO Markets Trading Platforms

GO Markets offers traders a choice between these trading platforms:

• ✅ MetaTrader 4
• ✅ MetaTrader 5
• ✅ cTrader

GO Markets MetaTrader 4

MetaTrader 4 is a popular trading platform fully supported by GO Markets. The platform’s user-friendly interface makes it accessible to traders of all levels, aligning with GO Markets’ commitment to user accessibility.

The ability of MT4 to automate trading via Expert Advisors (EAs) is especially useful for traders looking to maximize GO Markets’ rebate program. By automating high-volume trading strategies, traders can more easily reach the trading volume thresholds required to earn rebates.

Furthermore, GO Markets’ custom indicators can be supplemented with MT4’s extensive technical indicators and charting tools. This provides a comprehensive analysis suite to help traders make informed decisions and take advantage of GO Markets’ competitive spreads.

GO Markets MetaTrader 5

MetaTrader 5 enhances the features of MT4 by allowing for multi-asset trading, such as Forex, Indices, and Commodities. This is consistent with GO Markets’ diverse product offering and allows traders to diversify their portfolio while taking advantage of the broker’s rebate program.

The integrated economic calendar and Depth of Market (DOM) features in MT5 give traders more tools to strategize around market events and conditions, potentially increasing trading volume and maximizing rebates.

The advanced charting capabilities of the platform complement GO Markets’ low spreads and competitive trading conditions, creating a stable environment for technical analysis.

GO Markets cTrader

Another platform GO Markets supports is cTrader, known for its Level II pricing and advanced risk management features.

The platform’s support for algorithmic trading via cAlgo supplements GO Markets’ rebate program by allowing traders to implement high-frequency trading strategies that can assist them in reaching higher rebate tiers.

The cloud service and customizable interface of cTrader complement GO Markets’ emphasis on providing a flexible and user-centric trading environment.

Advanced risk management features on the platform, such as trailing stops and quick-close options, complement GO Markets’ own risk management tools, allowing traders to trade more effectively and safely while maximizing rebates.

Do GO Markets’ platforms support mobile trading?

Yes, all platforms offer mobile trading, allowing you to earn and track rebates while on the go.

Can I use multiple trading platforms with a single GO Markets account?

Yes, you can use a single GO Markets account to switch between MetaTrader 4, MetaTrader 5, and cTrader.

Which Markets Can You Trade with GO Markets?

Traders can expect the following range of markets from GO Markets:

• ✅ Forex
• ✅ Share CFDs
• ✅ Index CFDs
• ✅ Commodity CFDs
• ✅ Precious Metal CFDs
• ✅ Treasury CFDs

Financial Instruments and Leverage offered by GO Markets

Are exotic currency pairs available for trading at GO Markets?

Exotic currency pairs are available, but their rebate rates may differ.

Can I trade in micro-lots at GO Markets?

Yes, micro-lot trading is available, which allows you to trade with smaller amounts of money.

Are there any financial instruments that offer higher rebates at GO Markets?

Yes, Forex and Metals offer higher rebates than Commodities.

Is margin trading available at GO Markets?

Yes, margin trading is possible, but it is critical to understand the risks involved.

GO Markets Trading and Non-Trading Fees

Spreads

GO Markets’ spreads are tailored to the account being used. For example, traders with a Standard account will benefit from a wider spread, whereas GO Plus+ traders will benefit from interbank rates in exchange for a transaction fee.

Traders can expect some of the following spreads:

• ✅ AUD/USD – From 0.1 pips
• ✅ USD/CAD – From 0.2 pips
• ✅ EUR/USD – From as low as 0.0 pips with an average of 0.1 pips
• ✅ USD/JPY – From 0.2 pips
• ✅ USD/CHF – from 0.3 pips
• ✅ GBP/USD – from 0.2 pips

Commissions

The Standard account has no commission costs because GO Markets’ pricing mostly comprises spreads. As a result, the spread on the Standard Account starts at 1 pip, which is ideal for traders who want to start trading as simply as possible.

The GO Plus+ Account, on the other hand, is a good option for experienced traders or those whose trading strategy requires narrower spreads starting at 0 pips. As a result, based on the account’s base currency, the following commissions are applied to this trading account:

• ✅ Australian Dollar (AUD) – AU$3.00
• ✅ Euro (EUR) – €2.00
• ✅ Great British Pound (GBP) – £2.00
• ✅ New Zealand Dollar (NZD) – NZ$3.50
• ✅ United States Dollar (USD) – US$2.50
• ✅ Singapore Dollar (SGD) – SG$3.50
• ✅ Swiss Franc (CHF) – FR$2.50
• ✅ Canadian Dollar (CAD) – CA$3.00
• ✅ Hong Kong Dollar (HKD) – HK$20

Overnight Fees, Rollovers, or Swaps

Overnight costs are incurred by traders who hold open positions for more than 24 hours. The trader’s position determines whether these expenses are deducted from the total transaction or refunded (long or short).

Furthermore, the fees are determined by interbank rates, the type of financial instrument, the size of the position, and the duration. The following are some of the overnight costs that traders may incur when using GO Markets:

• ✅ EUR/USD – 0.085 pips on short swaps and -0.378 pips on long swaps.

Currency Conversion Fees

Currency conversion fees apply when traders deposit or withdraw in currencies other than the base currency of their trading account.

Does GO Markets charge any fees for depositing funds?

No, GO Markets does not charge any deposit fees.

Are there any hidden fees at GO Markets that could affect my Forex trading rebates?

No, GO Markets discloses all its fees, and no hidden fees could affect your rebates.

Calculating Forex Trading Rebates with GO Markets

GO Markets calculates rebates based on your total monthly trading volume in Contracts for Differences (CFDs) for each asset class—Forex & Metals, Indices, and Commodities.

Each asset class has its own tiered rebate structure, with varying volume thresholds and rebate rates per million notional volumes traded.

• ✅ Forex & Metals: If you trade $300 million in Forex & Metals monthly, you fall under Tier 3, which offers a $10 per million rebate.
• ✅ Your rebate would be $3,000 (300 multiplied by $10).
• ✅ Indices: Assume you trade $60 million in Indices in a month. This places you in Tier 2 and earns you a $7.50 per million rebate.
• ✅ Your rebate is $450 (60 x $7.50).
• ✅ Commodities: If your monthly trading volume in Commodities is $25 million, you are in Tier 3, which offers a $8 per million rebate.
• ✅ Your rebate is $200 (25 x $8).

Is there a calculator tool at GO Markets to estimate my Forex trading rebates?

No, GO Markets has no rebate calculator tool, but you can manually calculate them using the tiered structure.

Are rebates calculated on a per-trade basis at GO Markets?

No, rebates are determined by your total monthly trading volume across all trades.

GO Markets Deposits and Withdrawals

GO Markets offers the following deposit and withdrawal methods:

• ✅ Credit Card
• ✅ Debit Card
• ✅ POLi
• ✅ Skrill
• ✅ Neteller
• ✅ Bank Wire Transfer
• ✅ BPAY
• ✅ Fasapay

How to Deposit Funds with GO Markets

To deposit funds to an account with GO Markets, traders can follow these steps:

• ✅ Log in to your GO Markets Client Portal first.
• ✅ Go to the “Funds Management” tab.
• ✅ Select your preferred deposit method: credit/debit card, bank transfer, or electronic wallet.
• ✅ Enter the amount you want to deposit and any other required information.

Confirm the transaction and await the funds credited to your trading account.

GO Markets Fund Withdrawal Process

To withdraw funds from an account with GO Markets, traders can follow these steps:

• ✅ Log in to your GO Markets Client Portal first.
• ✅ Navigate to the “Funds Management” tab.
• ✅ Click on the “Withdraw Funds” button.
• ✅ Any rebates earned will be credited to your trading account within the first week of the following month. Check to see if the rebates have been applied.
• ✅ Select your preferred method of withdrawal.
• ✅ Enter the amount you want to withdraw, including any rebates.

Confirm the withdrawal and wait for the process to complete, which could take several business days, depending on the withdrawal method.

Is a minimum amount required to withdraw rebates from my GO Markets account?

No, there is no minimum withdrawal amount for rebates, but standard third-party withdrawal fees may apply.

How long does it take to process a rebate withdrawal at GO Markets?

Withdrawals of rebates are typically processed within 1-2 business days.

GO Markets Education and Research

Education

GO Markets offers the following Educational Materials:

• ✅ GO Trade Academy and introduction to Forex
• ✅ Educational courses and webinars

Research

GO Markets offers traders the following Research and Trading Tools:

• ✅ AutoChartist
• ✅ MT4 and 5 Genesis
• ✅ VPS
• ✅a-Quant
• ✅ Social Trading through MyFXBook
• ✅ Trading Central
• ✅ Daily News
• ✅ Weekly Summaries

and much more!

How to open an Affiliate Account with GO Markets

To register an Affiliate Account with GO Markets, traders can follow these steps:

• ✅ To locate the “Affiliates” option, visit the GO Markets site and check the top of the page.
• ✅ Affiliates can begin the process by clicking the “Sign Up Now” banner on a new page.
• ✅ Traders can quickly become GO Markets affiliates by completing the online form.

Once the form has been completed, it can be submitted, and GO Markets will contact the applicant to inform them of their acceptance or rejection.

GO Markets Affiliate Program Features

GO Markets Pty Ltd, its affiliated companies, and its subsidiaries, which make up the GO Markets Group (GO Markets), are licensed and compliant in various jurisdictions where they provide trading services.

Among the characteristics of the GO Markets Affiliate Program are the following:

• ✅ Ongoing market-leading commissions.
• ✅ A well-regulated and reliable trading environment
• ✅ Marketing resources, including banners, links, widgets, and more.

The commission tiers as per the GO Markets Affiliate Guideline are as follows:

Legal and Tax Implications – Understanding Forex Trading Rebates with GO Markets

Forex trading rebates, such as those provided by GO Markets, can provide financial incentives to traders based on their trading volume. However, understanding these rebates’ legal and tax implications is critical to ensuring compliance with relevant regulations and tax laws.

Legal Considerations

• ✅ The terms and conditions will almost certainly include provisions for resolving rebate-related disputes. Prepare yourself for legal action by becoming acquainted with these procedures.
• ✅ GO Markets reserves the right to discontinue the rebate program at any time. Be aware of the legal ramifications of terminating the program.
• ✅ When you open a trading account with GO Markets, you enter into a contractual agreement that outlines the rebate program’s terms and conditions. Consider reading and comprehending these terms as they define your legal obligations and rights concerning rebates.
• ✅ Depending on the jurisdiction, GO Markets operates under different regulatory frameworks. Ensure you understand the regulatory environment and how it may affect your rebate eligibility.

Tax Implications

• ✅ Keep detailed records of all your trading activities and rebates received for tax purposes. When it comes time to declare this income to the tax authorities, these records will be essential.
• ✅ If you are trading on a platform based in another country, you should be aware of any international tax obligations you may have regarding rebates.
• ✅ The tax rate applied to trading rebates may differ from the tax rate applied to other types of income. Consult a tax advisor to learn about the specific tax rates that apply to you.
• ✅ Sometimes, you can deduct certain expenses from your trading income, such as rebates. Again, a tax advisor can advise you on which deductions you may be eligible for.
• ✅ Trading rebates are taxable income in many jurisdictions. These earnings must generally be reported when filing your tax returns.

Does GO Markets provide tax documentation for Forex trading rebates?

No, GO Markets does not provide rebate tax documentation; however, you can access your account statements for tax purposes.

Is it mandatory to disclose Forex trading rebates during an audit if I trade with GO Markets?

No, you do not need to sign any additional legal agreements; the general terms and conditions cover the rebate program.

Risks and Limitations of Forex Trading Rebates at GO Markets

Risks of Forex Trading Rebates at GO Markets

• ✅ At GO Markets, qualifying for rebates in one asset class makes you eligible for rebates in other asset classes from the first trade. While this appears advantageous, it may encourage diversification into unfamiliar asset classes, increasing risk.
• ✅ GO Markets requires traders to email their sales department to claim rebates. This manual step increases the possibility of human error, whether in emailing or processing your rebate claim.
• ✅ GO Markets uses a tiered rebate system based on trading volume, which can create psychological pressure to advance to higher tiers. This can lead to riskier trading decisions to move up a rebate tier.
• ✅ GO Markets expressly states that rebates are subject to their discretion and may be canceled at any given time. This introduces uncertainty into your trading cost structure because you cannot rely on rebates as a constant.

Limitations of Forex Trading Rebates at GO Markets

• ✅ Rebates are only credited in the first week of the following calendar month, which may not correspond to your trading cycle or financial planning.
• ✅ The rebates do not apply equally to all asset classes. For example, the Forex & Metals class has a different rebate structure than Indices and Commodities. Specializing in an asset class with less favorable rebate terms could limit your trading strategy.
• ✅ You are not eligible for rebates if affiliated with an Introducing Broker (IB) or affiliate groups. This may be restrictive for traders who prefer to work through an IB for other reasons.
• ✅ According to GO Markets, you must meet the minimum monthly volume requirement in one asset class to earn a withdrawable rebate. If you rely on those rebates for immediate use, this could limit your liquidity.
• ✅ GO Markets has established high volume thresholds for rebate eligibility, with Forex & Metals starting at $25M. This could be a barrier for retail traders or those who prefer to trade in smaller quantities.

Are there any limitations on the trades qualifying for GO Markets rebates?

Yes, rebates are only available for closed trades; open or pending orders do not contribute to rebate calculations.

Can I lose my earned Forex trading rebates if my GO Markets account is closed?

Yes, if your account is closed for any reason, any earned but unclaimed rebates will be forfeited.

Strategies to Maximize Rebates with GO Markets

• ✅ Identify strong trends and execute multiple trades to capitalize on them daily. This increases your trading volume and, as a result, your rebate potential.
• ✅ GO Markets provides a variety of leverage options. Leverage allows you to open larger positions while committing less capital, increasing your notional trading volume and potential rebates. However, be wary of the dangers involved.
• ✅ Trade per economic calendars. High-impact events frequently cause increased volatility, allowing high-volume trades to help you reach higher rebate tiers.
• ✅ Scalping is a high-volume trading strategy that has a twist. Consider scalping in asset classes where you are on the verge of reaching the next rebate tier. You will not only profit from the trade, but you will also advance to a higher rebate tier.
• ✅ Use hedging strategies to increase your trading volume and reduce risk. You can increase your trading volume and earn more rebates by taking opposing positions in correlated assets.

Is it beneficial to trade during high volatility to maximize rebates at GO Markets?

Yes, high volatility can increase trading opportunities, but it also increases risk, so it should be cautiously approached.

Does trading in multiple asset classes help in maximizing rebates at GO Markets?

Yes, diversifying across asset classes can help you qualify for rebates in each class, allowing you to maximize your total rebates.

GO Markets Customer Support

Consistent with the Forex trading week, support is provided 24 hours per day, five days per week, by email, live chat, and phone (with local numbers in Australia, China, and the United Kingdom).

Additionally, GO Markets features a Quick Support solution that enables their technical support staff to remotely access your PC and resolve any platform/software difficulties.

Is there a dedicated team at GO Markets for handling rebate issues?

No, there is not. While there is no dedicated rebate team, the customer support team is well-equipped to handle such inquiries.

How responsive is GO Markets’ customer support to rebate-related queries?

GO Markets strives to respond to all customer inquiries as quickly as possible, usually within a few hours during business days.

GO Markets Alternatives

GO Markets is a well-regulated and reputable forex rebates company that offers over 600 CFDs across several asset classes. These three forex brokers are suitable alternatives to GO Markets:

• 🥇 CMC Markets is for all sorts of traders, from b retail traders interested in dipping their toes into the online trading of forex, CFDs, and spread betting to seasoned professionals wanting exposure to a wide range of products. Moreover, the company’s rates are competitive within the market.

• 🥈 Saxo Bank is designed for experienced traders. It provides expert active traders, investors, professionals, and institutions with extensive brokerage services. However, account users with smaller balances may be dissatisfied by increased account minimums, a variety of fees, and fewer customer service choices.

• 🥉 TD Ameritrade provides a variety of tradable items, but its portfolio is rounded out by its currency options. In addition to the broker’s highly respected “thinkorswim” trading platform, currency traders may also trade through a few mobile applications.

GO Markets VPS Review

A VPS for MT4 and MT5 provides you with the speed and uninterrupted access needed to enhance your trading. In addition, your GO Markets VPS allows you to optimize the MetaTrader platform’s capabilities and features.

Using a GO Markets VPS, you can easily execute trades using Expert Advisors (EAs) more quickly and efficiently. In addition, traders who are participating in forex rebates can benefit from being able to use rebate EAs in addition to others.

Consequently, you can take advantage of high-impact events or execute transactions for immediate placement on the market.

GO Markets’ VPS solution provides direct market liquidity access since it is located just meters from where most forex transactions occur. Furthermore, existing GO Markets customers can easily purchase a VPS server using the Tools section of the GO Markets Client Portal.

GO Markets Web Traffic Report

GO Markets vs. Other Notable Brokers

GO Markets Pros and Cons

GO Markets Customer Reviews

🥇 Excellent.

Go Markets is an excellent trading business. Outstanding client service is provided. The brokers are quite useful. Any difficulties I have had are resolved immediately. I would refer my relatives and friends to Go markets. Merci Go Markets. – Miles Young

🥈 Great Support.

I struggled to comprehend the new account onboarding procedure via the portal and connect to my MT4, which I had never used. After contacting Go Markets Customer Service, a senior employee in the United Kingdom called me and immediately rectified my problem. Sincere thanks. – Billie Kent

🥉 Very Happy!

As a trader with over 15 years of expertise, I have transacted with various domestic and international brokers. Over the last five years, I have found Go-Markets to be the most dependable and reputable company in the industry, with exceptional Support when required. I strongly suggest them for any business needs. MT4 and MT5 are the ideal platforms for all trading purposes. – Larissa Stokes

Recommendation for Improving GO Markets Cashback Rebates

GO Markets offers lucrative rebates to forex traders through its various global entities. However, there is a limit on the markets that traders could trade to qualify for forex rebates. GO Markets can consider adding valuable tools for cashback traders, including calculators, schedules, and calendars.  Furthermore:

• ✅ Provide comprehensive guides or webinars to help traders understand how to maximize their rebates effectively.
• ✅ Provide clearer guidelines on the circumstances under which rebates may be changed or canceled.
• ✅ To attract a broader range of traders, include more asset classes in the rebate program.
• ✅ Instead of monthly rebate crediting, consider offering real-time or daily rebate crediting to improve cash flow for traders.
• ✅ To simplify the rebate claiming process, and eliminate the need for manual email registration.
• ✅ Reduce the minimum trading volume requirements to make the rebate program more accessible to retail traders.

Finally, to provide additional benefits to frequent traders, consider implementing a loyalty or points system that works with the rebates.

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Our Verdict on GO Markets

According to our findings, GO Markets provides a compelling package for traders, particularly those trading large volumes across multiple asset classes. The tiered rebate system is an appealing feature that encourages trading activity, potentially lowering trading costs significantly.

However, because of the complexity of this tiered system and the high volume thresholds, it may not be suitable for all traders, particularly those new to the market or who prefer to trade in smaller volumes.

The requirement for manual email registration to claim rebates adds an unnecessary layer of complexity and the possibility of human error. Furthermore, the discretionary rebate program introduces uncertainty that traders must consider in their strategies.

Despite these disadvantages, we can conclude that GO Markets remains a viable option for traders seeking a solid trading platform with the added benefit of a rebate program.

Furthermore, GO Markets’ trading platforms, which include MetaTrader 4, MetaTrader 5, and cTrader, provide traders with flexibility and various tools to help them make trading decisions.

GO Markets Frequently Asked Questions

What are forex trading rebates?

Forex trading rebates are monetary incentives given to traders who meet certain trading volume requirements. These rebates reduce overall trading costs by returning a portion of trading fees to the trader.

Does GO Markets offer a rebate program?

Yes, GO Markets has a rebate program for its customers.

How do forex trading rebates work with GO Markets?

GO Markets offers tiered rebates based on your monthly trading volume in specific asset classes such as Forex and Metals, Indices, and Commodities.

Once you reach a certain trading volume, you will be eligible for rebates ranging from $5.00 to $15.00 per million of notional volume traded, depending on your tier.

Is the GO Markets rebate program available for all account types?

Yes, all account types are eligible for the GO Markets rebate program.

How often are GO Markets rebates paid out?

Rebates are distributed to qualified traders every month.

Are forex trading rebates taxable?

Yes, most jurisdictions consider forex trading rebates to be taxable income. However, tax laws differ from country to country, so it’s best to consult a tax professional for specific advice.

Are there any limitations or restrictions on using GO Markets forex trading rebates?

Yes, GO Markets has specific restrictions, such as high-volume eligibility thresholds and excluding traders affiliated with Introducing Brokers (IBs) or affiliate groups. Rebates are only credited once a month and are at the discretion of GO Markets.

Are there any requirements to be eligible for forex trading rebates with GO Markets?

You must have a minimum monthly trading volume in a specific asset class to be eligible. For Forex and Metals, a minimum monthly trading volume of $25M is required. You should also avoid any Introducing Broker (IB) or affiliate groups.

Is there a minimum trading volume required to be eligible for GO Markets rebates?

Yes, a minimum trading volume is required to qualify for rebates. Depending on the account type, the minimum trading volume varies.

Can I combine forex trading rebates with other promotions or bonuses offered by GO Markets?

GO Markets’ terms and conditions do not explicitly state whether rebates can be combined with other promotions or bonuses. For clarification, it is best to contact GO Markets directly.

Can I withdraw my GO Markets rebate funds?

Yes, you can withdraw your rebate funds at any time.

How are forex trading rebates credited to my account with GO Markets?

Rebates are credited to your trading account within the first week of the calendar month following. To register and claim your rebates, send an email to [email protected].

Are there any restrictions on using my GO Markets rebate funds?

No, there are no limitations on spending your rebate money.

Are there any fees associated with the GO Markets rebate program?

The GO Markets rebate program does not charge any fees.

How can I sign up for forex trading rebates with GO Markets?

You must first meet the minimum trading volume requirements before emailing [email protected] to register and claim your rebates.

How can I track and monitor my forex trading rebates with GO Markets?

GO Markets does not explicitly state how to track and monitor your rebates. However, like other brokers, GO Markets might provide a dedicated section on the trader’s dashboard where rebates can be monitored.

How much can I earn through forex trading rebates with GO Markets?

Your trading volume and asset class determine your earning potential. Depending on your tier, you can earn between $5.00 and $15.00 per million of notional volume traded in Forex & Metals. The higher your trading volume, the higher your rebate.