GO Markets currently offers a spread-based and a commission-based trading account. They have more than 350 tradeable CFD instruments including Forex, Shares, Indices and Commodities. Widely recognised as the first MT4 broker in Australia, they have since added MT5, mobile trading and a web-based platform to their suite of trading platforms.

Prime FX Rebates is an Introducing Broker with IB ID's:
2100232 for MT4 accounts
5010169 for MT5 accounts.

Rebate Rates

Standard Plus+
Forex 0.24 pips per round turn lot 24% of Commissions Paid
Metals Gold - 1.60 USD per Lot
Silver - 16 USD per Lot
Gold - 1.60 USD per Lot
Silver - 16 USD per Lot
Oil 0.24 pips per round turn lot 0.24 pips per round turn lot
Indices 0.12 pips per round turn lot 0.12 pips per round turn lot
Important Notes/Restrictions: GO Markets does not accept clients from: US, Canada, Israel, Belgium, Japan and Turkey.

Account Type Details

Standard Plus+
Average Spread 1.3 0.1
Commissions None AUD $6 per lot
Min Deposit AUD $200 AUD $200
Leverage up to 1:500 1:500
Min Trade Size 0.01 0.01
Platforms MT4, MT5, WebTrader MT4, MT5, WebTrader

General Info

Company Name GO Markets Pty Ltd Year Founded 2006
Regulation Australia ASIC Headquarters Australia
Office Locations China | UK Support Languages English | Spanish | French | German | Portuguese | Mandarin | Chinese | Polish | Indonesian | Malay | Thai | Arabic | Vietnamese | Urdu | Hindi
24 hour support Yes Financial Instruments Forex | Metals | Indices | Oil
Account Currency USD | GBP | EUR | NZD | CAD | SGD | HKD | AUD Funding Methods Bank Wire | Credit/Debit Cards | Neteller | Skrill | UnionPay | FasaPay | BPay | POLi
Accepts Japanese Clients No Accepts Canadian Clients No

What are GO Markets rebates?


Trading rebates is a small amount of the transaction cost that is paid back to you on each trade. As a result you lower your trading cost on your forex trades. For example, if your trading spread on chosen account type is 2.5 pips per lot traded and your rebate is 1 pip per lot traded, your final net spread will be 1.5 pips per lot traded only. Forex rebates reduce the cost of forex trading and there are no further hidden costs or commission.

 

How do GO Markets rebates work?


When you link your GO Markets account to us either to receive daily or a monthly rebate, we receive affiliate commission from the broker for referring you as a client to them. Then we share most of our revenue with you for every trade you make on your trading account. There is no hidden cost to you. Your spreads will never increase because of using our service. We never apply spread markup and your trading costs with GO Markets will remain the same as it was before joining our service.

 

How much GO Markets rebates can I earn?

 

We do provide the following rebates on GO Markets accounts:

Standard  - 0.32 pips per round turn lot (Forex, Metals), 0.16 pips per round turn lot (Oil), 0.08 pips per round turn lot (Indices)

Plus+  -  16% of Commissions Paid (Forex, Metals), 0.16 pips per round turn lot (Oil), 0.08 pips per round turn lot (Indices)

 

How can I receive GO Markets rebates?

 

We provide multiple options to receive your rebates, depending on the broker. GO Markets rebates can be received monthly to your preferred payment method. More information on available payment methods can be found here.

 

Are there any other benefits in joining Prime FX Rebates service?

 

Due to our close relationship with the brokers, we often mediate between broker and client to promptly solve any client issues. Our support team is available on several different communication channels and is always ready to help resolve any possible problems or disputes that may arise.