Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Share your experience with GoMarkets.Aud 3 replies

IC Markets, CLM Forex, GoMarkets and Directfx? 0 replies

lower speads between oanda MT4 & gomarkets 0 replies

Opinions on FxPrimus, GoMarkets vs Alpari UK 23 replies

feedback/reviews of GoMarkets? 5 replies

Attachments: GoMarkets Discussion
Exit Attachments

GoMarkets Discussion

Oh yeah forgot about that deposit bonus, you get charged 3% on an international cc deposit but they'll bonus your deposit by 10%, that surely makes up for the fees.
Quoting merk
I had 4 live accts and close them all 6 months ago.
They can lure you in with all the gizmos and Bs but main thing isn’t fixed, execution time, 1 sec, Stopslevel 3 pips!!!
Execution time was 390-500ms stoplevel 0
Since they partnered with Japs is gone from bad to worst.
Go went from best broker to Bs broker.
Still waiting for any improvement....
AMEN
Brokers are angels
Just received this email from Gomarkets.

Looks like they care about customers concerns

Introducing Global Collect


Avoid International Introducing Global Collect: Avoid International Bank Transfer Feesent Instead of an International One

Dear Trader,

We are pleased to announce we have partnered with Global Collect, one of the world's leading payment processors, to provide our international clients with a method to fund their trading account locally and avoid paying international & intermediary bank payment fees.

How does it work?
Through our agreement with Global Collect, GO Markets now provides a network of local bank accounts in 59 countries giving you the power to make one simple domestic payment in your country that will reach us in Australia. This benefits you because you can save on International SWIFT transfer fees.

Bank accounts within the network are held with Rabobank, Barclays, RBS, UBS, and more. For a full list, click here

This is a service we are providing to our valued clients, free of charge

To make a payment, please follow the instructions below:

Go to http://deposits.gomarketsaus.com
Complete the online deposit form, select your country from the drop down. Ensure you select ‘Bank Deposit’ as they payment method. Please also ensure you enter your Customer Number, which is your MT4 login number.
Global Collect local bank deposit details and a unique payment reference will appear on the screen and be sent to your email.
Request your bank to transfer funds to Global Collect. Ensure you quote the unique payment reference you have been emailed in your funds transfer request as without this reference the processing of your payment will be delayed or not even possible.
Funds will be uploaded to your GO Markets trading account once we receive your deposit. Please allow 1 – 2 business days.
If you have any questions about making a local bank deposit, please contact us on +61 3 9934 4500 or email [email protected].

Kind regards,
GO Markets Support
you havent made much effort have you

try to hide the fact you are a GO employee.......we prefer a challenge here at FF
.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-07-20_0858.png Size: 61 KB
Quoting PeterE
you havent made much effort have you

try to hide the fact you are a GO employee.......we prefer a challenge here at FF
.

i'm not a employee , just a small customer. I never liked their policy, charging 3% for all international credit card deposits.
Quoting cogs
Yep, bank and merchant fees. Why 'percentage' is used and not a fixed amount is just typical bank gouging and profiteering. Why it costs ten times as much to handle another zero on a transaction is just bank theft and one of many reasons they, (banks) claim billions extra in profit each quater here in Australia.

The only free deposit is interbank transfer within Australia.

I can transfer into my US brokers account faster and cheaper than I can here in Aust. International wire costs approx $70 fixed.

jeanluoie is correct, all brokers and merchants...
$70 wow you are getting ripped off mate. I do international transfers all the time, OZ to US and costs me $25 AUD.
Yep, ANZ, and by the time it lands through JP Morgan it's around $60-70. No real drama though as it can be easily recouped. Just sh!ts me tho what they charge for a largely automated process.
My comments are not to be taken as trading advice, not a financial advisor
Hi all,

Looks like a client has beat us to the punch on announcing this on the Forex Factory forum (thanks rmattes!).

Indeed, we have released the new payment system in an attempt to make payments easier for our international clients. It's a great way for international clients to avoid the 3% fee charged by NAB for credit card payments, and to avoid international bank transfer fees. Our goal is to make it quicker and less costly for traders to fund their account so that they can start of trading with more equity in their account.

It's a great system, and will be particularly advantageous to European clients who do generally face higher international & intermediary transfer fees. Check it out here: Make a payment via Global Collect

I can also confirm that rmattes is not a GO Markets employee attempting to post, we do appreciate a client taking the time to do so however.

If anyone has any questions about the new payment network, please do not hesitate to contact us on +61 3 9934 4500

Thanks,
Natalie
Marketing Manager
Quoting GO Markets
Hi all,

Looks like a client has beat us to the punch on announcing this on the Forex Factory forum (thanks rmattes!).

Indeed, we have released the new payment system in an attempt to make payments easier for our international clients. It's a great way for international clients to avoid the 3% fee charged by NAB for credit card payments, and to avoid international bank transfer fees. Our goal is to make it quicker and less costly for traders to fund their account so that they can start of trading with more equity in their account.

It's...
hi natalie,i really hope that GoMarket can salvage his 'ruined' image,no offence meant.After Chris had left,Go was left in some unprofessional rep's hand and i guess alot of unhappiness events had hit Go too[if u need more info,pls go thru all the posts and u will know what i meant]
in my humble opinion,u will need to come to this forum more often and of course Go MUST really do something genuine for your clients,us-the traders! as u may know there r alot of brokers who really screwed their clients and i hope that Go is NOT one of them,i will keep my fingers crossed.Good Day!
Well it's a step forward for O/S clients, but if you really want to make inroads you need to provide 24hr processing and instant into accounts.

I know my comment may be a tad pesamistic but to be competitive you would need to match Pepperstone at minimum with spreads and stop order distance, and to make a huge leap forward, add instant 24hr deposit like City Index, 3-4 seconds and the funds are in for trading.

Keep up the good work though, your efforts are appreciated by some.
My comments are not to be taken as trading advice, not a financial advisor
Quoting tradercnx
$70 wow you are getting ripped off mate. I do international transfers all the time, OZ to US and costs me $25 AUD.
Bank of america charges $50 or so for international wires. If you have military account, it is $25.

If you think that's bad, most USA banks charge a 3% +$5-10 foreign transaction fee for any transaction that is not done in USD. There are overseas-friendly banks/credit unions to use your money with.

Quoting cogs
Well it's a step forward for O/S clients, but if you really want to make inroads you need to provide 24hr processing and instant into accounts.

I know my comment may be a tad pesamistic but to be competitive you would need to match Pepperstone at minimum with spreads and stop order distance, and to make a huge leap forward, add instant 24hr deposit like City Index, 3-4 seconds and the funds are in for trading.

Keep up the good work though, your efforts are appreciated by some.
Instant funding can only happen with a combination of sophisticated automation script coupled with irreversible payments. The global collect thing is a huge step in the right direction.
Measure trends automatically with zero lag
The excellent script to keep the trade server alive and so reduce execution time dramatically no longer works on Go.

See post#3576 on page 239.

It shows the following comment in the Expert folder:

"Trade is not allowed in the expert properties"

Obviously Go is not interested in letting us trade at faster execution speed or even to know how slow their executions are!

Is there any way around this interference/manipulation of the script?

Calling Rooicol and Nubcake!!
Hi Fxking & Cogs, appreciate both of your feedback.
We haven't been as active on the forum as we have been in the past, but will look to do so going forward.

Overall, clients are always notified of important changes and updates via direct email, but we'll look to post on the forum also to keep the Forex community updated on GO Markets' activities.

Cogs - appreciate your comments, client feedback is always welcomed. We are looking into 24 hour processing of payments, we hope to have this up and running soon.

Although its early days, Global Collect has been a wonderful success so far, with an influx of successful payments far beyond what we were expecting.

If anyone has any questions about using the service please do not hesitate to contact us directly on +61 3 9934 4500 or at [email protected]

Kind regards,
Natalie
Natalie,

you must have seen my post!

Please comment, you are the Marketing Manager after all.
been with Go for a little while now and all good until recently when without warning i couldnt get MT4 to connect (got the old no connection rubbish) - Go support offered not much in the way of support and instead blamed my connection firewall etc....anyway FXCM connects fine via MT4 so not sure why it wont with GO? Anyway i've been logging onto my GO a/c via the web trader, and as of this morning that wont work either? again Go support were most (not) helpful....starting to think they dont want my custom?? maybe I need to start losing some money so they will let me connect again?
Your welcome Go Markets. I am glad you read these posts as we are your clients and FF being one of the larger forum around I am sure reading our posts and listening to customer feedback will prove advantagous in the long run.

24 hour processing - a good step in the right direction, after all it goes into your pockets if you run a good tight brokerage service.
My comments are not to be taken as trading advice, not a financial advisor
Quoting ikdenk
The excellent script to keep the trade server alive and so reduce execution time dramatically no longer works on Go.

See post#3576 on page 239.

It shows the following comment in the Expert folder:

"Trade is not allowed in the expert properties"

Obviously Go is not interested in letting us trade at faster execution speed or even to know how slow their executions are!

Is there any way around this interference/manipulation of the script?

Calling Rooicol and Nubcake!!

Hi ikdenk,

Apologies for the delay, I asked the team to do some testing for you before posting. We’ve tested the script and there are no issues with it on our platform. We advise you look for “rooicol – Maintain Session Script.ex4”. If you download it you shouldn’t experience any issues.

http://www.gomarketsaus.com/Images/F...ipt.jpghttp://http://www.gomarketsaus.com/Images/F...ory/script.jpg

In the case that you do experience an issue with installing an EA or script on the platform, we have 24 hour support on hand to assist you, simply contact us via our live chat service or call us on +61 3 9934 4500 and our team can assist. This way we can help you directly.

If there is something wrong with the EA itself, it’s best to contact the EA programmer directly.
Quoting MrTrendy
been with Go for a little while now and all good until recently when without warning i couldnt get MT4 to connect (got the old no connection rubbish) - Go support offered not much in the way of support and instead blamed my connection firewall etc....anyway FXCM connects fine via MT4 so not sure why it wont with GO? Anyway i've been logging onto my GO a/c via the web trader, and as of this morning that wont work either? again Go support were most (not) helpful....starting to think they dont want my custom?? maybe I need to start losing some money...
Hi MrTrendy,

As a first step it's best to check that you have the latest build of MT4, version: 4.00 Build 432 is the most recent version.

A firewall on your end could certainly be the issue, but we won't know without more information - if you call us directly one of our support staff can jump on a team viewer session so that we can view your screen and resolve any problems you have having with your setup together.

We have previously advised all clients not to use the WebTrader platform, it is being discontinued as of the 27th of July due to Xogee (a third-party platform developer) being prevented by Metaquotes from continuing to connect to MetaTrader 4. I have copied the information you need on this below.

Kind regards,
Natalie


GO Markets Mobile Trading Applications
Withdrawal of all Xogee-based Applications

Dear Trader,

Xogee Apps Limited (Xogee) a 3rd party platform developer of GO Markets Mobile Trading Applications & WebTrader platform have been prevented by Metaquotes from continuing to connect to MetaTrader 4.

GO Markets provides the following mobile trading platforms that have been developed by Xogee: iPhone | Android | Blackberry | iPad | WebTrader

As a result we will be forced to withdraw all of the above listed applications developed by Xogee from our trading servers on the 27th of July, 2012. Until the apps are removed, we ask that you only use the mobile trading apps for research and to not execute any trades.

This issue affects all brokers who offer Xogee’s third party software, including FxPro, Alpari, & many more. We are working on providing an alternative solution for web-based trading, which we expect to be available soon, in addition to the provision of a series of upgraded mobile trading apps for all clients.

In the meantime, please find below instructions on how you can continue to trade on mobile devices:

GO Markets Mobile Trading Apps Solution
iPhone, iPad & Android Users

GO Markets offers MetaQuotes' MT4 mobile trading apps to clients, which can be used on your iPhone, iPad and on your Android.

You can download these apps from the respective app stores here:
MetaQuotes MT4 Mobile - iPhone App
>> Download here

MetaQuotes MT4 Mobile - Android App
>> Download here

Once you have downloaded the app, to login to your GO Markets account, search for 'GO Markets' and simply select your trading server:

>> GoMarkets-Demo - Demo Accounts
>> GoMarkets-Real 1 - Live AUD Accounts
>> GoMarkets-Real 2 - Live Non-AUD Accounts


WebTrader Users
Those traders utilising WebTrader software as a solution to trade with GO Markets on a Mac, can utilise our new MetaTrader 4 for Mac platform – a fully functional MT4 platform allowing traders to trade on MetaTrader 4 with exactly the same functionality as PC users.

GO Markets MetaTrader 4 for Mac
>> Download here

If you require any assistance at all with installing the software above please do not hesitate to contact us on +61 3 9934 4500.

Kind regards,
GO Markets Client Services
Quoting GO Markets
Hi MrTrendy,

As a first step it's best to check that you have the latest build of MT4, version: 4.00 Build 432 is the most recent version.

A firewall on your end could certainly be the issue, but we won't know without more information - if you call us directly one of our support staff can jump on a team viewer session so that we can view your screen and resolve any problems you have having with your setup together.

We have previously advised all clients not to use the WebTrader platform, it is being discontinued as of the 27th of July due...
hi natalie,its nice to see u that often.i have a few questions though,does GoMarkets offer 'No Re-quotes and Instant Executions' on all trades,regardless of trade size?
Quoting fxking
hi natalie,its nice to see u that often.i have a few questions though,does GoMarkets offer 'No Re-quotes and Instant Executions' on all trades,regardless of trade size?
Hi fxking,

GO Markets offers no requotes, we are a straight through processing provider. Our execution is Market Execution, as we offer other CFD products on the platform - this is what you will experience with most brokers.

All traders regardless of trade size / activity receive the same spreads and the same execution with GO Markets.

If you take a look on the demo platform you'll get an exact mirror of the live trading environment and will see the spreads & execution you would receive when trading live. http://www.gomarketsaus.com/trading-...equest-a-demo/

Note there is a maximum of 20 lots per trade.

Hope this answers your questions, if you have any further queries please do not hesitate to contact us directly.

Kind regards,
Natalie
1 trader viewing now