GO Markets review: Regulations, Trading platforms, Broker features, and User ratings.

If you are currently in profit with GO Markets, my advice is withdraw now. Don't wait. Once they decide you made too much, they will find a clause in the T&C and take it back, and there is nothing you can do about it after.

This is what happened to me. The "latency arbitrage" excuse. They point to clause 17 and clause 25 and say my oil trades are voided. Never once did they show me which specific trade is the problem. Never explained how my method actually fit their definition. Just announcement made, profit gone from balance, end of discussion.

What made me a target was simply making money. I trade oil instruments manually on MT5 from my home computer, I made $3293 USD using a strategy based on price relationships between correlated markets that I developed through my own research. After one strong session the account got "flagged" the moment I tried to withdraw, and then the interrogation began.

Small but important tip if you find yourself in this situation. The account manager will push very hard for a phone call. Refuse. Keep everything in email. Nothing on phone, ever. They want phone because nothing is in writing afterwards.

And don't expect them to even return your deposit easily. Mine took several weeks of constant chasing for money that was unambiguously my own. The profits from weeks of trading they kept entirely.

The business model is simple once you see it. Trader loses, broker keeps the money. Trader wins, broker finds a clause and keeps it anyway. There is no outcome where the client actually walks away with what they earned.

There is reason this entity is registered in Mauritius and not somewhere with proper regulator.

I usually never write reviews, but after what happened with GO Markets, I think other traders should know before depositing money there.

The biggest problem was not even losing profits. The biggest problem was how difficult they made it just to receive my own deposit back.

For many weeks, I kept asking for withdrawal of my funds. Most emails were ignored for days. Then I would receive same response again and again saying my account was “still under review”.

Only after continuous pressure from me, and after mentioning regulator complaint and public reviews, they finally returned my original deposit. No apology, no explanation for the delays, and of course no profits.

The reason for all this started after my trading became profitable.

I was trading oil instruments manually on MT5 using my own strategy and market analysis for divergence against correlated asset.

Once profits increased, suddenly they started asking many unusual questions. They wanted information about my strategy, software, devices, trading methods, and even who I communicate with. It felt extremely invasive.

After this, they claimed my profit of $2746 USD were invalid because of “latency arbitrage” and mentioned some sections from their terms and conditions. But they never properly explained which trades supposedly broke rules or how exactly I violated anything. There was no transparency at all. They simply removed all profits from the account balance like they never existed.

In my opinion, this is very dangerous situation for traders. If broker can decide after the fact that your profitable trades are not acceptable, then what protection do clients really have?

The whole experience caused unnecessary stress and wasted huge amount of time. Communication was slow, unclear, and felt designed to delay everything as much as possible.

Personally I would strongly recommend for other clients of Gomarkets to consider moving to another broker as their profit in the terminal is not safe.

My Gomarkets account number is 50030964 , and I would like my profit returned

GoMarkets removed my trading profits covering trading period of 6 weeks and around 50 trades (without any prior communication that anything is wrong with my trading) but was OK to leave losing trades executed few months back . I find such broker behaviour as totally unfair . Removing hard earned profits is not sth You would like to see from the broker You choose to trade with.
While trading with GoMarkets initially I suffered loss of around 8000 GBP ( until ) 30th June 2025 , but later from 1st July 2025 till 10th August 2025 I generated profit of around 7104 GBP on over 50 separate trades. On 12/08/2025 I received e-mail from GoMarkets which states that my trading profits covering period July 2025 till 10th August 2025 will be cancelled and GoMarkets made adjustments to my trading accounts which resulted in total profit of 7104 GBP removed from my trading accounts.

hello first of all i deposit 500.72 on this broker on 23 july 2025
on 25 july 2025 i made my withdrawal and they revoke my profit
i dont know why? and there is no evidence they give to me
now my deposit is still there and the manager said i need to bring other people,
i trade alone and i dont know other people
this broker is bad, they eat my deposit and their manager words so intimidating
please stay away

This broker have a good spreads and many features, like Pamm.
Unfortunately, they appear to practice stop loss hunting in the news.