This comparison pits EightCap against GO Markets to see how platform breadth and regulatory coverage shape trust. The outcome hinges on which combination best fits your trading needs.
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap for four platforms on one account including TradingView. You also get Razor raw pricing at $7 per lot.
Choose if…
Choose GO Markets for true ECN execution with three platform options. You gain ASIC regulation and a $5 per 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 | 4.4 / 5▲ | 4.0 / 5 |
Pros
MT4, MT5, cTrader, and TradingView all available on one account
Capitalise.ai code-free automation included at no extra cost
ASIC (391441) and FCA (921296) dual regulation
Razor account: raw EUR/USD from 0.0 pips at $7 round-turn commission
No minimum deposit on Standard account
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | EightCap | 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 | 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 | Fail | 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 |
The scores are close: EightCap rates 4.3/5 and GO Markets rates 4/5. EightCap 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.
Both EightCap and GO Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
EightCap has $100, while GO Markets requires at least $200. This makes EightCap more accessible for traders with limited starting capital.
Both EightCap 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: EightCap requires a lower minimum deposit ($100), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
EightCap lists maximum leverage of 500:1, 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 EightCap's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
EightCap supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while GO Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. EightCap has exclusive access to TradingView.
Both brokers offer spreads from 0.00 pips.
EightCap wins for safety and regulation due to ASIC and FCA oversight.
EightCap is best for active traders, offering four platforms and code-free automation.
GO Markets is better suited for scalpers: lower commission ($5/lot).
EightCap wins for platform choice, with MT4, MT5, cTrader and TradingView on one account.
EightCap leads in instrument variety with about 800 instruments.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2009 | 2006 |
|---|
| Headquarters | Melbourne, Australia | Melbourne, Australia |
|---|
| Min Deposit | $100▼ lower | $200 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $7/lot | $5/lot▼ lower |
|---|
| 0.7 pips | 0.5 pips▼ lower |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | $10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerCrypto | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerCrypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FCA SCB | ASIC CySEC FSC |
|---|
| Platforms | cTrader MetaTrader 5 TradingView MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
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
$100 minimum on Razor ECN account
Shorter public track record than IC Markets or Pepperstone
Research and educational content thinner than larger peers
Not available to US residents
No proprietary platform
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
EightCap edges GO Markets on editorial score, offers MT4/MT5/cTrader/TradingView, and is regulated by ASIC and FCA.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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