Forex

Trading Forex with GO Markets

Wide range of currency pairs

Trade popular Forex Pairs like EURUSD, USDJPY, AUDUSD and GBPUSD all from one account.

Leverage up to 500:1

Use leverage to control a larger position size with a smaller initial investment

Tight, competitive spreads

GO Markets offers variable spreads on a wide range of markets from as low as 0.0 pips on GO Plus accounts

24/7 support

GO Markets provides personalised multilingual customer support 24/7 to help you with all your trading needs.

Commission-free, low-cost dealing

With our commission-free Standard account, you can access micro, mini and standard FX contract sizes

Access to EAs and smart tools

Use powerful tools and Expert Advisors (EAs) to analyse markets and trading signals plus execute flexible contract sizes

Trading Forex CFDs

Forex Contract For Difference (CFDs) trading, or foreign exchange contracts for difference, is a popular financial instrument that allows traders to speculate on the price movements of different currencies without actually owning the underlying assets.

One of the main advantages of forex CFD trading is its accessibility. With a relatively small initial investment, traders can access a wide range of currency pairs and take advantage of the volatility in the forex market to make profits. This makes forex CFD trading an attractive option for both experienced and novice traders.

There are a range of different strategies that can be used when trading forex CFDs. These include technical analysis, fundamental analysis, and sentiment analysis. Technical analysis involves studying charts and using indicators to identify trends and potential entry and exit points. Fundamental analysis involves studying economic and political events that may affect the value of currencies. Sentiment analysis involves studying the mood of the market and the views of other traders and investors.

Another advantage of forex CFD trading is its flexibility. Traders can open and close positions quickly, which allows them to react to changing market conditions and take advantage of short-term opportunities. In addition, with the availability of advanced trading platforms, traders can customize their trading strategies to suit their individual preferences and risk tolerance.

Forex CFD trading also offers the potential for significant profits. By correctly predicting the direction of price movements, traders can earn favorable returns from trading.

Finally, forex CFD trading can be a rewarding and intellectually stimulating activity. It requires traders to stay up-to-date on global economic and political events, as well as technical analysis and market trends. For those who enjoy the challenge of navigating complex financial markets, forex CFD trading can be a highly engaging and fulfilling pursuit.

Overall, forex CFD trading can offer many benefits to traders who are willing to put in the time and effort to learn the markets and develop effective trading strategies.

Range of Forex Pairs

Major FX Pairs Minor FX Pairs Exotic FX Pairs Metal Pairs

Major FX Pairs

Currency Pair	Average Spread*
AUDUSD	0.1
USDCAD	0.2
EURUSD	0.1
USDJPY	0.2
USDCHF	0.3
GBPUSD	0.3

*Average spread is calculated based on the average of the historical spread. Spreads are variable.

Minor FX Pairs

Forex Pairs
AUDCAD	AUDJPY
USDSGD	CHFJPY
EURCAD	EURGBP
EURNZD	GBPCAD
GBPJPY	NZDUSD
AUDCHF	AUDNZD
CADJPY	EURAUD
EURCHF	EURJPY
GBPAUD	GBPCHF
GBPNZD	NZDJPY

Exotic FX Pairs

Forex Pairs
AUDHKD	USDTRY
EURMXN	USDZAR
EURTRY	EURDKK
USDCNH	EURHUF
USDDKK	EURNOK
USDHKD	EURPLN
USDMXN	EURSEK
USDNOK	USDHUF
USDSEK	USDPLN
AUDCNH	CADCHF
NZDCAD	NZDCHF
AUDSGD

Metal Pairs

Metal Pairs
XAGUSD
XAUUSD

Integrated platform power

TradingView

The world's leading social trading platform with advanced charting, real-time analysis, and integrated GO Markets trade execution.

Learn more

MetaTrader 4

A popular platform with new and expert traders for trading Forex, analysing markets and using EAs.

Learn more

MetaTrader 5

This powerful multi-asset platform lets you trade Forex, Shares and Futures as CFDs.

Learn more

GO WebTrader

A simplified MT4 and MT5 version allowing you to access your trading account from your browser.

Launch WebTrader

cTrader

A powerful platform favoured by traders seeking advanced charting, fast execution, and seamless algorithmic trading with cBots.

Learn more

Forex Spreads

Forex Spreads

The trading hours for Forex (“FX”) are from Monday 00:00 to Friday 24:00 (Platform time). Please be mindful of public holidays as trading times may change.
Our Forex pairs are spread-based only for Standard GO Account holders. GO Plus+ Account holders receive lower spreads and fixed monetary commissions.
Our FX prices are derived from various quotes by our liquidity providers and include GO Markets own spread. Our spreads are variable.
Your profits and losses are realised in the second named (terms) currency of the pair you are trading. If this currency is different to your account currency, your realised profit and loss will be converted based on the spot rate at the time of conversion.
If you have one or more FX positions open at 24:00 (Platform time), there will be a daily Swap adjustment to your position.
For open FX position(s) on a Wednesday at 24:00 (Platform time), the Swap adjustment will be for 3 days instead of 1. This is to cover settlement of trades over the weekend. Please be mindful of public holidays as these may change.

You can find an indicative Swap on your platform, by right-clicking on a currency pair and selecting ‘Specification’

How do I calculate my FX margin requirement?

To calculate the FX margin requirement, you will require the following formula:

(Market quote * Volume) / Leverage = $Margin Requirement

Example

The current EURUSD price is quoted as 1.13729, and we would like to trade one standard lot (100,000) using our account leverage of 1:100

The calculation would be (1.13729 * 100,000) / 100 = -$1137.30 USD

Note: If the base currency of your account is not in USD, this amount can simply be converted into the corresponding currency AUD, GBP, NZD etc.

More than just Forex

Diversify your portfolio with the wide range of CFDs from GO Markets. Trade Indices, Shares, Commodities like gold, silver, oil, and much more. Follow the links below to learn more about our other products.

Ready to start trading? Open an account or try our Free Demo