Forex CFDs
Round the clock market movement means round the clock opportunity. Trade forex CFDs with GO Markets.
Make the most of the world’s largest and most liquid market
GO Markets powerful trading tools, broad spectrum of currency pairs, and competitive spreads make forex trading seamless.
Comprehensive currency pair selection
Access major pairs such as EUR/USD, USD/JPY, AUD/USD, and GBP/USD through a single account.
Flexible leverage options
Make the most of your initial investment with leverage available up to 30:1 for retail traders and 500:1 for professional traders.
Competitive spreads
Keep your trading cost-effective with tight spreads as low as 0.0 pips on GO Plus+ accounts.
Support whenever you need it
Our multilingual customer support team is available 24/7.
Commission-free trading
Our Standard account offers commission-free trading on forex and metal CFDs.
Advanced trading tools
Analyse markets, interpret trading signals, and execute flexible contract sizes with the help of our powerful trading tools and Expert Advisors.
Go further with
GO Markets.
Explore thousands of tradable opportunities with institutional-grade tools, seamless execution, and award-winning support.
Highly liquid, low barrier to entry
Forex CFD trading requires a relatively small initial investment to get started thanks to the forex market's high liquidity. Traders can open and close positions quickly with relatively small capital and react to market conditions, capitalising on short-term opportunities.
What it means to trade forex CFDs
Forex CFDs trading involves buying one currency while selling another — currencies are always traded in pairs.
When you ‘buy’ a currency pair in forex, you’re predicting that the first currency, known as the 'base' currency, will strengthen relative to the second (‘quote’). If the base currency increases against the quote, you can sell it later for a profit.
When you ‘sell’ a currency pair, you’re predicting the base currency will weaken relative to the quote currency. If that does happen, you can make a profit by buying the currency back at a lower price and keeping the difference.
Understanding the risks
Leverage risk
Leverage trading magnifies both gains and losses. This means you can lose more than your initial capital, especially in fast-moving markets
No ownership of underlying asset
When trading CFDs or Margin FX, you do not own the underlying asset. As a result, you're not entitled to dividends, voting rights, or other shareholder benefits.
Spread risk
Although GO Markets offers competitive, exchange-like spreads on Margin FX, spreads may widen significantly during periods of high volatility or low liquidity. This can increase your trading costs and impact your trading outcomes.
Forex CFD trading strategies
Technical analysis, fundamental analysis, and sentiment analysis can all be utilised when trading forex CFDs.
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.
Explore other markets
A comprehensive trading experience
GO Markets supports a range of CFD products, including global shares, indices, and commodities. Diversify your portfolio with confidence on a platform designed for precisions, stability, and seamless execution.
