When you’re looking for the best forex broker, the main thing to remember is to pick one that is regulated in your jurisdiction. You also need to choose a broker that offers a good trading platform. The platform should offer the features and benefits you need, such as low spreads, trading support, tools, research capabilities, and customer support. It is also helpful to check the spreads to make sure you’re getting the best deal possible. Before choosing a forex broker, be sure to check their fees and minimums. You’ll also want to look at the type of account they offer and what kind of protections they provide. Some brokers also offer mobile apps with a great variety of features. This can be helpful for those who are always on the go.
The size of the trading platform is also an important factor. Some of the best forex broker offer over 1900 trading instruments. Other features worth checking are the platform’s copy trading capabilities. The size of the platform will depend on the market and the timeframe you’re looking to trade. If you’re a high-volume trader, you’ll appreciate no spreads, but you’ll have to pay commissions based on the size of your transactions. Moreover, you’ll have to meet a minimum deposit requirement of $10k. However, this requirement may vary depending on your age and location.
The best forex broker will offer a variety of payment options. Some of them offer bank wire, ACH, credit cards, and e-wallets. You should also check out their customer support hours to make sure they’ll be able to answer any questions you have. GO Markets is an online CFD trading service that was founded in Australia in 2006. It offers both commission and spread-based trading accounts. Currently, it offers over 200 tradeable CFD instruments. The company was one of the first MT4 brokers in Australia and has since added MT5 and a web-based trading platform.
The platform features a wide variety of analytical reports and technical analysts. The company’s Autochartist is an effective tool that identifies price patterns. It also simplifies the process of chart analysis for new traders. In addition, GO Markets offers a private VPS service for Metatrader. The service is free for traders who trade at least five lots. GO Markets has a friendly customer support staff to answer any questions. The company offers live chat support, telephone support, and email support. The website also has a contact form and an FAQ section. In addition, the company has a presence on social media. It is important to note that GO Markets does not provide regulated services in all countries. However, it does offer an education portal for newcomers to the market.
To open an account, a trader must first verify his or her identity and residency. Typically, this involves submitting proof of address in the account holder’s name. The proof should include the full name and current residential address, issue date, and issuing authority. If the verification process passes, the trader can then log in to his or her trading account and begin trading.
MetaTrader 4 and MetaTrader 5 are widely used trading platforms, and GO Markets supports both. Traders can also use the WebTrader platform to trade on their mobile devices. GO Markets offers a free demo account, which can be beneficial in speeding up learning. It also offers extensive trading tools that can help traders make the right decisions.