FP Markets vs GO Markets Forex Broker Comparison

Based on our independent editorial scoring, FP Markets ranks higher with a score of 4.5/5 vs 4/5 for GO Markets. The best choice still depends on your individual trading needs; FP Markets and GO Markets may each suit different trader profiles.

Both FP Markets and GO Markets offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.

FP Markets has a lower minimum deposit of $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. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.

For beginners: FP Markets has a lower minimum deposit ($100), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.

FP Markets offers maximum leverage of 500:1, while GO Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.

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 MetaTrader 4, TradingView, MetaTrader 5, cTrader, IRESS and GO Markets offers MetaTrader 4, MetaTrader 5, cTrader; both support MetaTrader 4, MetaTrader 5, cTrader; FP Markets exclusively offers TradingView, IRESS.