GO Markets Account Types – In trading, a trader will choose the type of trading account that suits their trading needs. Traders who carry out high-volume transactions will prefer trading account types that have low fees. The fee is the spread or trading commission. GO Markets is a forex broker that offers a low cost trading account type for traders. There are two types of GO Markets accounts, standard and GO Plus+
Let’s go into more detail about the GO Markets account types :
# GO Markets Standard Account
The GO Markets standard account is suitable for beginner traders, the minimum deposit is 1$ and can trade Forex, Metals, Indices, Commodities , Treasury instruments.
Feature :
- Minimum deposit $1
- Spreads from 0.8 pips
- Leverage maximum 1:500
- No Commission
- Using a trading platform MT4 ,MT5 and cTrader
# GO Markets GO Plus+ Account
GO Plus+ GO Markets account is suitable for experienced and professional traders, the minimum deposit is $1 and can trade Forex, Metals, Indices, Commodities, Treasury instruments.
Feature :
- Minimum deposit $1
- Spreads from 0.0 pips
- Leverage maximum 1:500
- $5 Per standard lot
- Using a trading platform MT4 ,MT5 and cTrader
Apart from these two accounts, there is one more type of account that is intended for institutions or companies, this account type is not accessible to retail traders.
Differences in spreads on several examples of currency pairs:
In conclusion, GO Plus+ GO Markets accounts have lower trading fees than standard accounts. The GO Plus+ account is ideal for trading with high trading volumes. In order to start trading on the GO Markets platform, traders need to open a trading account first. To open an account visit the site www.gomarkets.com, in addition, GO Markets cTrader copy is an interesting feature for traders, you can also open it on GO Markets platform