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Can you short on GO Markets as of July 2023?

Your expert
Gyula L.
Fact checked by
Tamás D.
Updated
Mar 2024
Personally tested
Data-driven
Independent

Summary

Short selling is a trading strategy in which you speculate on the decline in the price of a stock or other security. If you'd like to learn about the intricacies of short selling real stocks, be sure to check out this article explaining the short selling of stocks.

Some stockbrokers only allow long position in stocks and ETFs. Others allow short positions only via CFDs on a handful of popular individual stocks. Advanced traders prefer brokers that allow the short selling of real stocks (and not just CFDs) on most stock markets their clients have access to.

Unfortunately, GO Markets doesn't allow the short selling of real stocks. If you are looking for brokers that provide this service, check out this article about the best brokers for short selling or use our broker finder tool for a tailored recommendation.

Let's take a look at other popular asset classes at GO Markets that enable traders to go short.

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62% of retail CFD accounts lose money

Short selling of CFDs

As clients of GO Markets can trade CFDs, they can also go short on these assets. In the table below you will find our calculation for shorting some of the most traded CFD assets. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

GO Markets CFD fees for a $2,000 short position held for one week
S&P 500 index CFD fee
$3.3 $2.5 $3.5
Euro Stoxx 50 index CFD fee
$3.2 $2.6 $3.3
Apple CFD fee
$3.6 $3.2 $16.3
Vodafone CFD fee
-
-
$27.9

Data updated on March 29, 2024

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62% of retail CFD accounts lose money

Shorting a currency

At GO Markets, you can trade forex pairs, therefore you can go long or short in any of the currency pairs they offer. In the following table you will find our calculation for shorting the most traded currency pairs. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

GO Markets forex benchmark fees for a $20,000 30:1 short position held for one week
EURUSD benchmark fee
$8.4 $9.7 $9.8
GBPUSD benchmark fee
$4.2 $4.0 $3.3
AUDUSD benchmark fee
$8.1 $7.8 $10.2
EURCHF benchmark fee
$0.0 $0.0 $0.0
EURGBP benchmark fee
$8.5 $8.9 $11.2

Data updated on March 29, 2024

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62% of retail CFD accounts lose money

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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Gyula Lencsés, CFA
Author of this article
Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.
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