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THGO Markets Professional
GO Professional advantages
Higher leverage
Lower margin requirements. Trade greater volumes with less capital
Dedicated support desk
Enjoy priority level service with access to our 24/5 dedicated support desk
Negative balance protection
Single time up to A$100,000 negative balance protection
Professional reports
Gain access to complementary analysis reports from top financial institutions
Volume rebates
High-volume traders receive rebates for their trades each month
Get a better deal on leverage
Wholesale traders benefit from the ability to trade with a higher leverage
| Markets | Retail account* | GO Professional** | |
|---|---|---|---|
| Minimum leverage | Maximum leverage | ||
| Major Forex | 30:1 | 100:1 | 300:1 |
| Other Forex | 20:1 | 100:1 | 300:1 |
| Indices | 20:1 | 100:1 | 200:1 |
| Share CFDs | 5:1 | 20:1 | 20:1 |
| Gold | 20:1 | 100:1 | 300:1 |
| All other commodities | 10:1 | 100:1 | 100:1 |
| Cryptos | 2:1 | 5:1 | 5:1 |
*Leverage restrictions on Retail account will be effective on 29 March, 2021.
**GO Professional new leverage will be effective on 01 March, 2021.
Check your eligibility
CATEGORY A
Sophisticated Investor
To be eligible for the minimum leverage, you need to meet at least one requirement in two of the following criteria;
To be eligible for the maximum leverage, you need to meet at least one requirement in three of the following criteria:
1Income/Assets criteria
- Gross annual income of over A$100,000 for the last 12 months, OR
- Savings & Investments of over A$500,000.
2Trading experience criteria
- Traded at least 75 trades1 with a broker for Margin FX, CFDs over Indices, Commodities, Currencies, Metals and Shares over the previous 12 months, OR
- Traded at least 50 significant trades2 over the previous 12 months with a broker for Margin FX, CFDs over Indices, Commodities, Currencies, Metals and Shares.
1 A trade means opening a position with a broker.
2 A significant trade means opening a position of A$25,000 notional size for CFD shares or A$50,000 for Margin FX, CFDs over Indices, Commodities, Currencies and Metals
3Trading knowledge criteria
- Have been engaged, associated, or employed in a financial sector and gained knowledge/experience on Margin FX, CFDs over Indices, Commodities, Currencies, Metals and Shares products or services for at least 12 months, OR
- Held formal qualification relevant to the understanding of Margin FX, CFDs over Indices, Commodities, Currencies, Metals and Shares from a registered provider, OR
- Demonstrate product knowledge (75% pass mark).
CATEGORY B
High Net Worth Investor
To be eligible, you'll need to meet at least one of below criteria:
- Net assets of at least A$2.5 million; OR
- Gross income for each of the last two financial years of at least A$250,000
Ready to GO Professional?
New clients
1.Open an account with GO Markets.
2.Log into Client Portal.
3.Complete the additional steps to upgrade to GO Professional.
We may ask for additional documentation or supporting evidence.
Check if your account has been upgraded to GO Professional status.
Open an accountExisting clients
1.Log into your Client Portal as normal.
2.Complete the additional steps to upgrade to GO Professional.
We may ask for additional documentation or supporting evidence.
Check if your account has been upgraded to GO Professional status.
Log into Client PortalNote you will be bound by the eligibility assessment by GO Markets. For a reminder of the requirements, check here.
What changes when you upgrade to GO Professional?
- As a wholesale client you won’t receive some of the protections retail clients receive, or a product disclosure. Product risks and other important information are detailed in the Wholesale Client Information Statement.
- You may not receive some of the protections Retail clients receive.
- GO Professional account funds will be maintained in a segregated account.
- To the extent permitted by Part 7.8 of Division 2 of the Corporations Act, GO Professional account funds may be used for hedging, counteracting or offsetting the risks associated with the clients.
- You have the right to revert to a Retail account.
Why trade with GO Markets?
Australian regulated broker
Established in 2006, GO Markets Pty Ltd is regulated by Australian Securities and Investment Commissions (AFSL 254963).
Award-winning client support
GO Markets friendly customer support team is available 24/5 to help you with all your trading needs.
Trade Over 350+ Products
Trade a wide range of products including Forex, Share CFDs, Indices and Commodities, all from one account.
FAQ's
- What is GO Professional?
- What is the difference between trading as a Retail client and a Wholesale client?
- How do I become a Wholesale client?
- Will the level of client money protection change for a Wholesale client?
- When will new leverage take effect on GO Professional?
- Do I need to open an account before I can opt-in/request an upgrade to Wholesale client status?
- Can I opt-out of Wholesale client status?
- What are the tax implications of switching to Wholesale client status?
- What if I am not eligible for Wholesale client status?
