Is GO Markets Forex fraud?

• Trading Fees: Users may see charges related to spreads and commissions for executing trades on the platform.
• Withdrawal Fees: Some customers report charges when withdrawing funds from their GO Markets accounts to their bank accounts or other payment methods.
• Inactivity Fees: If an account is not used for an extended period, customers may incur inactivity fees.
• Deposit Charges: Certain deposit methods may entail fees, depending on the payment provider used.
• Margin Calls: Users trading on margin might face additional charges if their account balance falls below required levels.
• Subscription Services: Some users opt into subscription-based services for trading signals or educational materials, leading to recurring charges.
• Currency Conversion Fees: If trading in a currency different from the account's base currency, conversion fees may apply.
• Negative Balance Protection: In volatile market conditions, users might be charged additional fees if their balance goes negative beyond safety limits.

If you see this charge and aren’t expecting it, you have various options.

First, try to contact the gomarkets.com via one of the support methods we listed below and inquire about the charge. See if they will refund it and cancel any associated subscriptions you might have.

If the gomarkets.com refused to issue a refund or you cannot get in touch with the company, call your bank or financial institution and open a credit card dispute. Record screenshot evidence from your prior conversations with gomarkets.com, and use that to open your credit card dispute. Tell your bank or credit card issuer that you do not recognize the charge and do not recall signing up for the service.

If this sounds like too much of a hassle, you can have Chargeback do it for you.

Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.

The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.

Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.

Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company’s terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.