ASIC regulated Retail FX broker GO Markets has announced the launch of its new GO Plus+ account, providing an advanced trading experience targeted at high volume traders.
This brand-new account option seeks to reduce spreads, and therefore clients’ overall trading costs, with the addition of aggregated Bank, Non-Bank, and ECN pricing on Margin FX (Forex) and Metals. This will enable GO Plus+ to provide spreads as low as 0.0 pips.
Using a commission-based pricing of A$3.00 per standard contract (per 100K transaction) and raw pricing across key pairs, GO Plus+ offers a new alternative to GO Markets’ existing and prospective clientele.
The GO Plus+ account is currently available for all clients with a minimum account balance of A$10,000 or over (or equivalent currency terms).
Christopher Gore, GO Markets
GO Markets CEO Christopher Gore is confident that the new account type will aid GO Markets’ bid to encourage traders to take a fresh look at GO’s products.
For us, this release is about adapting to changes in consumer preferences and continually improving on our product range. There’s a growing segment of traders who prefer to work on a fixed commission basis when trading, and we felt we could do better in serving these clients. We have also used this opportunity to re-examine our existing products and account types, and have made improvements to trading costs across the board.