FP Marketsvs
GO MarketsForex Broker Comparison
FP Markets and GO Markets are tested on regulation, pricing, and platform breadth. The tension centers on instrument variety and platform choices.
Our Verdict
FP Markets winsby 0.5 pts
FP Markets edges GO Markets on the editorial score due to stronger regulation and broader platform coverage. GO Markets remains competitive with ECN pricing and ASIC regulation.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Instrument universe: 10,000 vs 350 instruments.
- 2Platform breadth: FP Markets five platforms vs GO Markets three.
- 3Minimum deposit: FP Markets $100 vs GO Markets $200.
Who should choose FP Markets vs GO Markets?
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets if you want IRESS access for share CFDs and a broad platform suite.
Choose GO Markets if…
Choose FP Markets if you prioritise a lower $100 minimum deposit and a large instrument universe. Choose GO Markets if you prefer three platform options (MT4, MT5, cTrader) with competitive ECN pricing. Choose GO Markets if you value ASIC regulation and a $200 minimum deposit.
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
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
FP 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 |
FP Markets vs GO Markets Forex Broker Pros & Cons
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
FP Markets vs GO Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
Highlighted rows show where the two brokers differ
| Criteria | FP 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 | 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 |
FP Markets vs GO Markets: Frequently Asked Questions
FP Markets rates 4.5/5 versus 4/5 for GO Markets. FP Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both FP Markets and GO Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
FP Markets has $100, while GO Markets requires at least $200. This makes FP Markets more accessible for traders with limited starting capital.
Both FP 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: FP Markets 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.
FP Markets 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 FP Markets's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while GO Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to IRESS and TradingView.
