CMC Marketsvs
GO MarketsForex Broker Comparison
Two established brokers face off over regulation, pricing models, and platform choice. The scene contrasts CMC Markets' strong proprietary platform with GO Markets' ECN pricing and multi-platform options.
Our Verdict
CMC Markets winsby 0.5 pts
CMC Markets leads overall based on the higher editorial score. GO Markets offers true ECN pricing and higher leverage, but requires a $200 minimum deposit.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1CMC Markets provides a proprietary trading platform; GO Markets does not.
- 2GO Markets offers raw spreads; CMC Markets does not.
- 3GO Markets offers 500:1 leverage; CMC caps at 30:1.
Who should choose CMC Markets vs GO Markets?
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you value FCA regulation and a leading proprietary platform.
Choose GO Markets if…
Choose GO Markets if you want true ECN pricing with a raw spread option and higher leverage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
GO Markets offers tighter spreads from 0.00 pips vs 0.70 pips for CMC Markets, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
CMC Markets vs GO Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.0 / 5 |
CMC Markets vs GO Markets Forex Broker Pros & Cons
Pros
FCA-regulated, LSE-listed
Excellent proprietary platform
MT4 also available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
CMC Markets vs GO Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
CMC Markets
criteria win
2
GO Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | CMC Markets | GO Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
CMC Markets vs GO Markets: Frequently Asked Questions
CMC Markets rates 4.5/5 versus 4/5 for GO Markets. CMC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
GO Markets starts from 0 pips, tighter than CMC Markets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while GO Markets requires at least $200. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets and GO Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: CMC Markets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
CMC Markets lists maximum leverage of 30:1, while GO Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
GO Markets charges $5 per lot on commission-based accounts. Commission details for CMC Markets are not currently available. Check their website for up-to-date pricing.
CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4, while GO Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile. GO Markets has exclusive access to cTrader and MetaTrader 5.
