Derivvs
GO MarketsForex Broker Comparison
Two brokers clash over regulation, platform options, and pricing. Deriv leans on a proprietary stack with MFSA-style oversight, while GO Markets carries ASIC backing and ECN features.
Our Verdict
Too close to call0.1 pts apart
Deriv and GO Markets are closely matched overall. GO Markets holds a top-tier regulator status that Deriv does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Proprietary platform offered by Deriv, not provided by GO Markets.
- 2ASIC regulation present for GO Markets but not Deriv.
- 3Raw spreads and $5/lot ECN are available on GO Markets.
Who should choose Deriv vs GO Markets?
Find out which broker best suits your trader profile.
Choose Deriv if…
Choose Deriv if you want 24/7 synthetic indices and a $5 minimum deposit.
Choose GO Markets if…
Choose GO Markets if you want true ECN execution with ASIC regulation and raw spreads.
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 0.50 pips for Deriv, reducing trading costs.
Best for safety & regulation
Recommended
Deriv vs GO Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.0 / 5 |
Deriv vs GO Markets Forex Broker Pros & Cons
Pros
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
Client funds held in segregated accounts
Deriv vs GO Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Deriv
criteria win
5
GO Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | GO Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Deriv vs GO Markets: Frequently Asked Questions
The scores are close: Deriv rates 4.1/5 and GO Markets rates 4/5. Deriv has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
GO Markets starts from 0 pips, tighter than Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while GO Markets requires at least $200. This makes Deriv more accessible for traders with limited starting capital.
GO Markets holds top-tier regulation (ASIC, CySEC, FSC), providing stronger investor protections. Deriv may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Deriv requires a lower minimum deposit ($5), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Deriv lists maximum leverage of 1000:1, 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 Deriv are not currently available. Check their website for up-to-date pricing.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while GO Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. GO Markets has exclusive access to cTrader and MetaTrader 4.
