Recalculated 2026-11-02 · Established 2006 · GO Markets Pty Ltd
GO Markets — South Africa
GO Markets is rated 3.06 out of 5 by our formula (Rank #38 of 70) for traders in South Africa: round turn 6 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 6 USD against a 7 USD median here · a swap-free account is available · it runs 3 trading platforms
Look elsewhere if the minimum is 200 USD against 50 USD in this market · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- GO Markets Pty Ltd
- Licence number
- GB19024896
- Established
- 2006
- Min deposit, USD
- 200 USDgeo
- Platforms
- MT4 · MT5 · cTrader
- Local funding
- Cards, bank wire, Skrill/Neteller; ZAR-specific
- Max leverage
- 500geo
- EURUSD
- 0.9 pipsgroup
Accounts (4)
3 of 4 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| GO MarketsStandard | — | — | Anyper standard lot | 0round turn, USD | — |
| GO MarketsPRO+ | — | — | 7per standard lot | 7round turn, USD | — |
| GO MarketsMicro account | 10 | — | Anyper standard lot | 0round turn, USD | — |
No published cost per lot:
| |||||
This broker against the South Africa middle (81 of 104)
| GO Markets | South Africa median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 200 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | same daygroup | 24.0 h |
| EURUSD, standard | 0.9 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2006 | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Offshore-regulated; not FSCA-licensed for SA retail clients.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about GO Markets.
- Who actually onboards you
- GO Markets Pty Ltd
- Licence number
- GB19024896
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 3.25+ 20.0% × 4.75+ 20.0% × 0.00+ 15.0% × 3.00+ 10.0% × 5.00+ 10.0% × 3.50= 3.06
Ranked against brokers measured on every axis
Licence check
- Licence number
- GB19024896
- Checked
- 2026-07-09
Who actually onboards you
GO Markets Pty Ltd
Offshore entity
Served under offshore GO Markets Pty Ltd (Mauritius), not a local SA entity.
What each account gives you
Standard and GO Plus; recommended deposit USD 200 (no hard minimum).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Recommended min USD 200; no strict minimum.
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · cTrader
FX, indices, commodities, shares CFDs, crypto CFDs.
Reviews
4.3 ... 77 reviews in the last 12 months
Where it wins, where it loses
Pros (2)
- Round turn 6.0 USD against a South Africa median of 7.0
- Swap-free account available
Cons (1)
- No local licence: the client is onboarded by a foreign entity
Where it does not serve
United States, Canada, Japan, Belgium, Israel, New Zealand
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Aggregators and directories
- 1gomarkets.comgomarkets.com · domainAggregator
- 2financemagnates.comfinancemagnates.com · domainAggregator
- 3wikifx.comwikifx.com · domainAggregator
FAQ (5)
Does GO Markets accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of GO Markets?
GO Markets Pty Ltd
What licence does GO Markets hold for South Africa?
Licence GB19024896.
What does one EURUSD lot cost at GO Markets?
6.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from GO Markets take?
GO Markets publishes same day if submitted before 1:00 PM AEST; otherwise next business day; local bank transfers 1 to 2 business days. Their own wording: “processes withdrawal requests on the same day if they are submitted before the daily cut-off time of 1:00 PM AEST”.