Two regulated brokers go head to head on trust, cost structures, and platform choices. The tensions hinge on regulatory strength and the breadth of trading tools.
Find out which broker best suits your trader profile.
Choose if…
Choose Dukascopy if you prioritise FINMA regulation and bank-grade client funds.
Choose if…
Choose Dukascopy if you want JForex automation built into the platform. Choose GO Markets if you value ASIC regulation and three platform options. Choose GO Markets if you need true ECN with a $5/lot commission.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.9 / 5▲ | 4.0 / 5 |
Pros
Full FINMA banking licence - client cash protected under Swiss deposit guarantee up to CHF 100,000
Genuine interbank SWFX ECN liquidity from 14+ institutional providers
EUR/USD variable spreads from 0.1 pips during London/New York overlap
JForex supports Java/Groovy strategy automation built into the platform
Banking-grade transparency with published balance sheet
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Dukascopy | GO Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Dukascopy rates 4.3/5 and GO Markets rates 4/5. Dukascopy 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 Dukascopy's 0.1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
GO Markets has $200, while Dukascopy requires at least $1000. This makes GO Markets more accessible for traders with limited starting capital.
Both Dukascopy 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.
GO Markets stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
Dukascopy lists maximum leverage of 200:1, 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, lower than Dukascopy's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Dukascopy supports Proprietary Web/Mobile, MetaTrader 4, while GO Markets supports cTrader, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4. Dukascopy has exclusive access to Proprietary Web/Mobile. GO Markets has exclusive access to cTrader and MetaTrader 5.
GO Markets offers tighter spreads from 0.00 pips vs 0.10 pips for Dukascopy, reducing trading costs.
Dukascopy wins for safety and regulation with a FINMA licence and segregated client funds.
Dukascopy wins for active traders due to genuine interbank ECN liquidity and JForex automation.
GO Markets is better suited for scalpers: lower commission ($5/lot), tighter spreads from 0.00 pips.
GO Markets wins for platform choice with MT4, MT5 and cTrader.
GO Markets wins for beginners with a $200 minimum deposit and clear ECN pricing.
Dukascopy offers 1200 instruments, more than GO Markets' 350.
Fees & Spreads 30% weight | 4.7 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2004 | 2006 |
|---|
| Headquarters | Plan-les-Ouates, Geneva, Switzerland | Melbourne, Australia |
|---|
| Min Deposit | $1,000 | $200▼ lower |
|---|
| Spreads From | 0.1 pips | 0 pips▼ lower |
|---|
| Commission / lot | $7/lot | $5/lot▼ lower |
|---|
| 0.8 pips | 0.5 pips▼ lower |
| Max Leverage | 200:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSA Seychelles FINMA | ASIC CySEC FSC |
|---|
| Platforms | Proprietary Web/Mobile MetaTrader 4 | cTrader MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Multilingual customer support
Pros
True ECN execution with three platform options
ASIC-regulated with a clean Australian track record since 2006
Competitive $5 round-turn ECN commission
Good for Australia and Asia-Pacific timezone traders
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
CHF 1,000 minimum deposit excludes traders starting with less than USD 1,000
JForex has a steep learning curve; designed for professional clients
Customer support primarily Swiss business hours
Not available to US residents
No negative balance protection
No 24/5 live chat
Cons
$200 minimum deposit is higher than many ECN peers
Less brand recognition outside Australia and Asia-Pacific
CySEC entity is offshore for non-AU clients
No proprietary platform
Dukascopy edges GO Markets on the editorial score, backed by stronger trust and regulation under FINMA.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker